Gerdipack: 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.
Gerdipack
Largest movements
- Cash +€5,588
up €5,588, from €0 to €5,588
mainly Net result for the year (+€20,838) and Other debts (+€2,508)
- Receivables within one year -€2,041
down €2,041 (-30.1%), from €6,778 to €4,737
of which Trade receivables: -€2,475
- Stocks and contracts -€1,084
down €1,084 (-28.1%), from €3,855 to €2,771
- Tangible fixed assets -€868
down €868 (-2.1%), from €41,499 to €40,631
of which Plant, machinery and equipment: -€868
- Profit (loss) carried forward +€20,838
up €20,838 (+12.4%), from -€167,509 to -€146,671
- Trade debts -€12,021
down €12,021 (-77.1%), from €15,599 to €3,578
- Tax, wage and social debts -€5,919
down €5,919 (-8.0%), from €73,987 to €68,068
of which Remuneration and social security: -€7,305
- Short-term financial debts -€3,772
down €3,772 (-63.5%), from €5,943 to €2,170
- Other debts +€2,508
up €2,508 (+6.0%), from €41,801 to €44,309
- Gross operating margin +€39,301
up €39,301, from -€6,494 to €32,807
- Financial charges +€3,346
up €3,346 (+558.4%), from €599 to €3,945
- Staff costs +€2,833
up €2,833 (+322.3%), from €879 to €3,712
- Other operating charges +€446
up €446 (+14.0%), from €3,190 to €3,636
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 | €53,416 | €55,050 | +€1,634 | +3.1% |
| Fixed assets | 21/28 | €41,549 | €40,681 | -€868 | -2.1% |
| Tangible fixed assets | 22/27 | €41,499 | €40,631 | -€868 | -2.1% |
| Land and buildings | 22 | €38,176 | €38,176 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,324 | €2,456 | -€868 | -26.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €11,867 | €14,369 | +€2,502 | +21.1% |
| Stocks and contracts in progress | 3 | €3,855 | €2,771 | -€1,084 | -28.1% |
| Stocks | 30/36 | €3,855 | €2,771 | -€1,084 | -28.1% |
| Amounts receivable within one year | 40/41 | €6,778 | €4,737 | -€2,041 | -30.1% |
| Trade receivables | 40 | €5,418 | €2,943 | -€2,475 | -45.7% |
| Other amounts receivable | 41 | €1,360 | €1,794 | +€434 | +31.9% |
| Cash at bank and in hand | 54/58 | €0 | €5,588 | +€5,588 | |
| Deferred charges and accrued income | 490/1 | €1,233 | €1,272 | +€39 | +3.1% |
| Total equity and liabilities | 10/49 | €53,416 | €55,050 | +€1,634 | +3.1% |
| Equity | 10/15 | -€83,913 | -€63,075 | +€20,838 | +24.8% |
| Contributions | 10/11 | €80,565 | €80,565 | = | 0.0% |
| Reserves | 13 | €3,031 | €3,031 | = | 0.0% |
| Non-distributable reserves | 130/1 | €152 | €152 | = | 0.0% |
| Reserves not available under the articles | 1311 | €152 | €152 | = | 0.0% |
| Distributable reserves | 133 | €2,879 | €2,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€167,509 | -€146,671 | +€20,838 | +12.4% |
| Amounts payable | 17/49 | €137,329 | €118,125 | -€19,204 | -14.0% |
| Amounts payable within one year | 42/48 | €137,329 | €118,125 | -€19,204 | -14.0% |
| Financial debts | 43 | €5,943 | €2,170 | -€3,772 | -63.5% |
| Credit institutions | 430/8 | €5,943 | €2,170 | -€3,772 | -63.5% |
| Trade debts | 44 | €15,599 | €3,578 | -€12,021 | -77.1% |
| Suppliers | 440/4 | €15,599 | €3,578 | -€12,021 | -77.1% |
| Taxes, remuneration and social security | 45 | €73,987 | €68,068 | -€5,919 | -8.0% |
| Taxes | 450/3 | €0 | €1,386 | +€1,386 | |
| Remuneration and social security | 454/9 | €73,987 | €66,682 | -€7,305 | -9.9% |
| Other amounts payable | 47/48 | €41,801 | €44,309 | +€2,508 | +6.0% |
| Remuneration, social security and pensions | 62 | €879 | €3,712 | +€2,833 | +322.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €847 | €868 | +€21 | +2.5% |
| Other operating charges | 640/8 | €3,190 | €3,636 | +€446 | +14.0% |
| Gross operating margin | 9900 | -€6,494 | €32,807 | +€39,301 | |
| Operating profit (loss) | 9901 | -€11,410 | €24,591 | +€36,001 | |
| Financial income | 75/76B | €28 | €192 | +€164 | +585.3% |
| Recurring financial income | 75 | €28 | €192 | +€164 | +585.3% |
| Financial charges | 65/66B | €599 | €3,945 | +€3,346 | +558.4% |
| Recurring financial charges | 65 | €599 | €3,945 | +€3,346 | +558.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,981 | €20,838 | +€32,819 | |
| Profit (loss) for the period | 9904 | -€11,981 | €20,838 | +€32,819 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,981 | €20,838 | +€32,819 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.