GERIBEL: 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.
GERIBEL
Largest movements
- Cash +€30,111
up €30,111 (+22.3%), from €135,044 to €165,155
mainly Net result for the year (+€33,737) and Depreciation (+€7,378)
- Receivables within one year +€13,525
up €13,525 (+129%), from €10,452 to €23,977
of which Trade receivables: +€13,235
- Tangible fixed assets -€7,378
down €7,378 (-52.3%), from €14,097 to €6,719
of which Other tangible fixed assets: -€7,142
- Reserves +€32,904
up €32,904 (+25.8%), from €127,668 to €160,572
of which Distributable reserves: +€32,904
- Trade debts +€4,209
up €4,209 (+114%), from €3,688 to €7,897
- Current portion of long-term debt -€3,668
no longer reported in 2025 (was €3,668)
- Tax, wage and social debts +€2,094
up €2,094 (+121%), from €1,731 to €3,825
- Gross operating margin +€30,692
up €30,692 (+138%), from €22,259 to €52,950
- Taxes +€9,840
up €9,840 (+1,010%), from €974 to €10,813
- Depreciation -€8,430
down €8,430 (-53.3%), from €15,808 to €7,378
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 | €160,921 | €197,243 | +€36,322 | +22.6% |
| Fixed assets | 21/28 | €14,097 | €6,719 | -€7,378 | -52.3% |
| Tangible fixed assets | 22/27 | €14,097 | €6,719 | -€7,378 | -52.3% |
| Plant, machinery and equipment | 23 | €475 | €239 | -€236 | -49.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €13,622 | €6,479 | -€7,142 | -52.4% |
| Current assets | 29/58 | €146,824 | €190,524 | +€43,700 | +29.8% |
| Amounts receivable within one year | 40/41 | €10,452 | €23,977 | +€13,525 | +129% |
| Trade receivables | 40 | €10,236 | €23,471 | +€13,235 | +129% |
| Other amounts receivable | 41 | €215 | €505 | +€290 | +134% |
| Cash at bank and in hand | 54/58 | €135,044 | €165,155 | +€30,111 | +22.3% |
| Deferred charges and accrued income | 490/1 | €1,328 | €1,392 | +€64 | +4.9% |
| Total equity and liabilities | 10/49 | €160,921 | €197,243 | +€36,322 | +22.6% |
| Equity | 10/15 | €146,260 | €179,164 | +€32,904 | +22.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €127,668 | €160,572 | +€32,904 | +25.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €125,808 | €158,712 | +€32,904 | +26.2% |
| Amounts payable | 17/49 | €14,661 | €18,079 | +€3,418 | +23.3% |
| Amounts payable within one year | 42/48 | €14,661 | €17,824 | +€3,163 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €3,668 | - | -€3,668 | |
| Trade debts | 44 | €3,688 | €7,897 | +€4,209 | +114% |
| Suppliers | 440/4 | €3,688 | €7,897 | +€4,209 | +114% |
| Taxes, remuneration and social security | 45 | €1,731 | €3,825 | +€2,094 | +121% |
| Taxes | 450/3 | €1,731 | €3,825 | +€2,094 | +121% |
| Other amounts payable | 47/48 | €5,574 | €6,102 | +€528 | +9.5% |
| Accrued charges and deferred income | 492/3 | - | €256 | +€256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,808 | €7,378 | -€8,430 | -53.3% |
| Other operating charges | 640/8 | €1,965 | €1,722 | -€243 | -12.4% |
| Gross operating margin | 9900 | €22,259 | €52,950 | +€30,692 | +138% |
| Operating profit (loss) | 9901 | €4,485 | €43,850 | +€39,365 | +878% |
| Financial income | 75/76B | €1,465 | €1,178 | -€287 | -19.6% |
| Recurring financial income | 75 | €1,465 | €1,178 | -€287 | -19.6% |
| Financial charges | 65/66B | €267 | €477 | +€211 | +79.0% |
| Recurring financial charges | 65 | €267 | €477 | +€211 | +79.0% |
| Profit (loss) for the period before taxes | 9903 | €5,684 | €44,551 | +€38,867 | +684% |
| Income taxes | 67/77 | €974 | €10,813 | +€9,840 | +1,010% |
| Profit (loss) for the period | 9904 | €4,710 | €33,737 | +€29,027 | +616% |
| Profit (loss) for the period to be appropriated | 9905 | €4,710 | €33,737 | +€29,027 | +616% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.