GERBOSA: what changed
Two financial 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.
GERBOSA
Largest movements
- Tangible fixed assets -€8,085
down €8,085 (-23.2%), from €34,858 to €26,773
of which Furniture and vehicles: -€8,085
- Receivables within one year +€5,803
up €5,803 (+9.7%), from €59,553 to €65,356
of which Trade receivables: +€9,839
- Other debts +€20,848
up €20,848 (+37.3%), from €55,881 to €76,730
- Tax, wage and social debts -€13,833
down €13,833 (-74.4%), from €18,594 to €4,761
- Current portion of long-term debt -€4,809
down €4,809 (-20.2%), from €23,775 to €18,966
- Profit (loss) carried forward -€4,727
down €4,727 (-80.2%), from -€5,895 to -€10,622
- Gross operating margin +€4,279
up €4,279 (+90.7%), from €4,718 to €8,997
- Depreciation +€2,518
up €2,518 (+45.2%), from €5,567 to €8,085
- Taxes +€1,277
up €1,277 (+81.8%), from €1,561 to €2,838
- Other operating charges -€867
down €867 (-44.9%), from €1,931 to €1,064
- Financial charges +€156
up €156 (+9.9%), from €1,581 to €1,738
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,522 | €196,637 | -€3,885 | -1.9% |
| Fixed assets | 21/28 | €136,122 | €128,037 | -€8,085 | -5.9% |
| Tangible fixed assets | 22/27 | €34,858 | €26,773 | -€8,085 | -23.2% |
| Plant, machinery and equipment | 23 | €2,793 | €2,793 | = | 0.0% |
| Furniture and vehicles | 24 | €32,065 | €23,981 | -€8,085 | -25.2% |
| Financial fixed assets | 28 | €101,264 | €101,264 | = | 0.0% |
| Current assets | 29/58 | €64,399 | €68,599 | +€4,200 | +6.5% |
| Stocks and contracts in progress | 3 | €1,012 | €1,012 | = | 0.0% |
| Stocks | 30/36 | €1,012 | €1,012 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €59,553 | €65,356 | +€5,803 | +9.7% |
| Trade receivables | 40 | €54,517 | €64,356 | +€9,839 | +18.0% |
| Other amounts receivable | 41 | €5,036 | €1,000 | -€4,036 | -80.1% |
| Cash at bank and in hand | 54/58 | €1,641 | €39 | -€1,603 | -97.7% |
| Deferred charges and accrued income | 490/1 | €2,193 | €2,193 | = | 0.0% |
| Total equity and liabilities | 10/49 | €200,522 | €196,637 | -€3,885 | -1.9% |
| Equity | 10/15 | €96,894 | €92,168 | -€4,727 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,190 | €84,190 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,915 | €1,915 | = | 0.0% |
| Legal reserve | 130 | €1,915 | €1,915 | = | 0.0% |
| Distributable reserves | 133 | €82,274 | €82,274 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,895 | -€10,622 | -€4,727 | -80.2% |
| Amounts payable | 17/49 | €103,627 | €104,469 | +€842 | +0.8% |
| Amounts payable within one year | 42/48 | €103,627 | €104,469 | +€842 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €23,775 | €18,966 | -€4,809 | -20.2% |
| Financial debts | 43 | - | €534 | +€534 | |
| Credit institutions | 430/8 | - | €534 | +€534 | |
| Trade debts | 44 | €5,377 | €3,478 | -€1,899 | -35.3% |
| Suppliers | 440/4 | €5,377 | €3,478 | -€1,899 | -35.3% |
| Taxes, remuneration and social security | 45 | €18,594 | €4,761 | -€13,833 | -74.4% |
| Taxes | 450/3 | €18,594 | €4,761 | -€13,833 | -74.4% |
| Other amounts payable | 47/48 | €55,881 | €76,730 | +€20,848 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,567 | €8,085 | +€2,518 | +45.2% |
| Other operating charges | 640/8 | €1,931 | €1,064 | -€867 | -44.9% |
| Gross operating margin | 9900 | €4,718 | €8,997 | +€4,279 | +90.7% |
| Operating profit (loss) | 9901 | -€2,780 | -€151 | +€2,628 | +94.6% |
| Financial income | 75/76B | €27 | €0 | -€26 | -99.0% |
| Recurring financial income | 75 | €27 | €0 | -€26 | -99.0% |
| Financial charges | 65/66B | €1,581 | €1,738 | +€156 | +9.9% |
| Recurring financial charges | 65 | €1,581 | €1,738 | +€156 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,334 | -€1,889 | +€2,446 | +56.4% |
| Income taxes | 67/77 | €1,561 | €2,838 | +€1,277 | +81.8% |
| Profit (loss) for the period | 9904 | -€5,895 | -€4,727 | +€1,169 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,895 | -€4,727 | +€1,169 | +19.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.