GEREELS ELECTRO: 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.
GEREELS ELECTRO
Largest movements
- Receivables within one year -€18,996
down €18,996 (-45.4%), from €41,835 to €22,838
of which Other amounts receivable: -€18,791
- Tangible fixed assets -€16,437
down €16,437 (-15.2%), from €108,131 to €91,695
of which Furniture and vehicles: -€10,502
- Current investments -€14,278
down €14,278 (-18.7%), from €76,426 to €62,148
- Cash -€6,960
down €6,960 (-87.9%), from €7,918 to €957
mainly Contributions, distributions and other (-€33,000) and Net result for the year (-€21,877)
- Reserves -€54,877
down €54,877 (-22.5%), from €244,372 to €189,495
of which Distributable reserves: -€54,877
- Gross operating margin -€14,200
down €14,200, from €9,977 to -€4,223
- Depreciation +€438
up €438 (+2.7%), from €15,998 to €16,437
- Financial income +€369
up €369 (+14.6%), from €2,524 to €2,893
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.
Derived cash bridge
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 | €255,504 | €199,606 | -€55,898 | -21.9% |
| Fixed assets | 21/28 | €108,181 | €91,745 | -€16,437 | -15.2% |
| Tangible fixed assets | 22/27 | €108,131 | €91,695 | -€16,437 | -15.2% |
| Land and buildings | 22 | €63,601 | €58,342 | -€5,259 | -8.3% |
| Plant, machinery and equipment | 23 | €2,004 | €1,328 | -€676 | -33.7% |
| Furniture and vehicles | 24 | €42,526 | €32,024 | -€10,502 | -24.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €147,323 | €107,862 | -€39,461 | -26.8% |
| Stocks and contracts in progress | 3 | €19,453 | €20,115 | +€662 | +3.4% |
| Stocks | 30/36 | €19,453 | €20,115 | +€662 | +3.4% |
| Amounts receivable within one year | 40/41 | €41,835 | €22,838 | -€18,996 | -45.4% |
| Trade receivables | 40 | €2,136 | €1,930 | -€206 | -9.6% |
| Other amounts receivable | 41 | €39,699 | €20,908 | -€18,791 | -47.3% |
| Current investments | 50/53 | €76,426 | €62,148 | -€14,278 | -18.7% |
| Cash at bank and in hand | 54/58 | €7,918 | €957 | -€6,960 | -87.9% |
| Deferred charges and accrued income | 490/1 | €1,691 | €1,802 | +€112 | +6.6% |
| Total equity and liabilities | 10/49 | €255,504 | €199,606 | -€55,898 | -21.9% |
| Equity | 10/15 | €250,572 | €195,695 | -€54,877 | -21.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €244,372 | €189,495 | -€54,877 | -22.5% |
| Non-distributable reserves | 130/1 | €25,710 | €25,710 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,710 | €25,710 | = | 0.0% |
| Distributable reserves | 133 | €218,662 | €163,785 | -€54,877 | -25.1% |
| Amounts payable | 17/49 | €4,932 | €3,911 | -€1,021 | -20.7% |
| Amounts payable within one year | 42/48 | €4,640 | €3,684 | -€956 | -20.6% |
| Trade debts | 44 | €4,064 | €3,280 | -€784 | -19.3% |
| Suppliers | 440/4 | €4,064 | €3,280 | -€784 | -19.3% |
| Taxes, remuneration and social security | 45 | €576 | €404 | -€171 | -29.8% |
| Taxes | 450/3 | €576 | €404 | -€171 | -29.8% |
| Accrued charges and deferred income | 492/3 | €293 | €227 | -€65 | -22.2% |
| Non-recurring operating income | 76A | €18,000 | - | -€18,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,998 | €16,437 | +€438 | +2.7% |
| Other operating charges | 640/8 | €3,006 | €3,024 | +€18 | +0.6% |
| Gross operating margin | 9900 | €9,977 | -€4,223 | -€14,200 | |
| Operating profit (loss) | 9901 | -€9,027 | -€23,684 | -€14,656 | -162% |
| Financial income | 75/76B | €2,524 | €2,893 | +€369 | +14.6% |
| Recurring financial income | 75 | €2,524 | €2,893 | +€369 | +14.6% |
| Financial charges | 65/66B | €406 | €413 | +€8 | +1.9% |
| Recurring financial charges | 65 | €406 | €413 | +€8 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,909 | -€21,204 | -€14,295 | -207% |
| Income taxes | 67/77 | €669 | €673 | +€3 | +0.5% |
| Profit (loss) for the period | 9904 | -€7,579 | -€21,877 | -€14,298 | -189% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,579 | -€21,877 | -€14,298 | -189% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.