GERAX: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GERAX
Largest movements
- Cash -€1,258
down €1,258 (-80.5%), from €1,562 to €305
mainly Net result for the year (-€3,658)
- Profit (loss) carried forward -€3,658
down €3,658 (-25.1%), from €14,588 to €10,931
- Other debts +€2,400
up €2,400 (+8.8%), from €27,124 to €29,524
- Gross operating margin -€354
down €354 (-12.5%), from -€2,832 to -€3,187
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,712 | €50,455 | -€1,258 | -2.4% |
| Fixed assets | 21/28 | €150 | €150 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €51,562 | €50,305 | -€1,258 | -2.4% |
| Stocks and contracts in progress | 3 | €50,000 | €50,000 | = | 0.0% |
| Stocks | 30/36 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,562 | €305 | -€1,258 | -80.5% |
| Total equity and liabilities | 10/49 | €51,712 | €50,455 | -€1,258 | -2.4% |
| Equity | 10/15 | €24,588 | €20,931 | -€3,658 | -14.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,588 | €10,931 | -€3,658 | -25.1% |
| Amounts payable | 17/49 | €27,124 | €29,524 | +€2,400 | +8.8% |
| Amounts payable within one year | 42/48 | €27,124 | €29,524 | +€2,400 | +8.8% |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Other amounts payable | 47/48 | €27,124 | €29,524 | +€2,400 | +8.8% |
| Other operating charges | 640/8 | €464 | €467 | +€3 | +0.6% |
| Gross operating margin | 9900 | -€2,832 | -€3,187 | -€354 | -12.5% |
| Operating profit (loss) | 9901 | -€3,297 | -€3,654 | -€357 | -10.8% |
| Financial charges | 65/66B | - | €4 | +€4 | |
| Recurring financial charges | 65 | - | €4 | +€4 | |
| Profit (loss) for the period before taxes | 9903 | -€3,297 | -€3,658 | -€361 | -10.9% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€3,297 | -€3,658 | -€361 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,297 | -€3,658 | -€361 | -10.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.