GERIA CAP: 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.
GERIA CAP
Largest movements
- Cash +€73,187
up €73,187 (+50.2%), from €145,661 to €218,848
mainly Net result for the year (+€79,717) and Receivables within one year (+€2,535)
- Profit (loss) carried forward +€79,717
up €79,717 (+38.7%), from €206,162 to €285,879
- Other debts -€7,067
no longer reported in 2025 (was €7,067)
- Gross operating margin +€23,282
up €23,282 (+28.5%), from €81,814 to €105,097
- Taxes +€5,050
up €5,050 (+29.7%), from €16,976 to €22,026
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 | €215,628 | €287,399 | +€71,771 | +33.3% |
| Fixed assets | 21/28 | €525 | €1,643 | +€1,118 | +213.0% |
| Tangible fixed assets | 22/27 | €525 | €1,643 | +€1,118 | +213.0% |
| Furniture and vehicles | 24 | €525 | €1,643 | +€1,118 | +213.0% |
| Current assets | 29/58 | €215,103 | €285,756 | +€70,653 | +32.8% |
| Amounts receivable within one year | 40/41 | €69,442 | €66,908 | -€2,535 | -3.7% |
| Trade receivables | 40 | €56,418 | €56,641 | +€222 | +0.4% |
| Other amounts receivable | 41 | €13,024 | €10,267 | -€2,757 | -21.2% |
| Cash at bank and in hand | 54/58 | €145,661 | €218,848 | +€73,187 | +50.2% |
| Total equity and liabilities | 10/49 | €215,628 | €287,399 | +€71,771 | +33.3% |
| Equity | 10/15 | €206,262 | €285,979 | +€79,717 | +38.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,162 | €285,879 | +€79,717 | +38.7% |
| Amounts payable | 17/49 | €9,366 | €1,420 | -€7,946 | -84.8% |
| Amounts payable within one year | 42/48 | €9,366 | €1,420 | -€7,946 | -84.8% |
| Trade debts | 44 | €2,299 | €1,420 | -€879 | -38.2% |
| Suppliers | 440/4 | €2,299 | €1,420 | -€879 | -38.2% |
| Other amounts payable | 47/48 | €7,067 | - | -€7,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160 | €331 | +€171 | +106.9% |
| Other operating charges | 640/8 | €575 | €994 | +€419 | +72.8% |
| Gross operating margin | 9900 | €81,814 | €105,097 | +€23,282 | +28.5% |
| Operating profit (loss) | 9901 | €81,079 | €103,772 | +€22,693 | +28.0% |
| Financial charges | 65/66B | €2,083 | €2,029 | -€54 | -2.6% |
| Recurring financial charges | 65 | €2,083 | €2,029 | -€54 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €78,996 | €101,743 | +€22,747 | +28.8% |
| Income taxes | 67/77 | €16,976 | €22,026 | +€5,050 | +29.7% |
| Profit (loss) for the period | 9904 | €62,020 | €79,717 | +€17,697 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,020 | €79,717 | +€17,697 | +28.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.