GERIBRAY: 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.
GERIBRAY
Largest movements
- Receivables within one year +€248,064
up €248,064 (+47.9%), from €517,382 to €765,446
of which Other amounts receivable: +€197,717
- Cash -€52,668
down €52,668 (-73.2%), from €71,980 to €19,312
mainly Receivables within one year (-€248,064) and Tax, wage and social debts (-€119,054)
- Tangible fixed assets -€32,510
down €32,510 (-23.9%), from €135,893 to €103,382
of which Furniture and vehicles: -€24,956
- Other debts +€204,326
up €204,326 (+30.9%), from €660,890 to €865,216
- Tax, wage and social debts -€119,054
down €119,054 (-19.9%), from €598,199 to €479,145
of which Remuneration and social security: -€72,637
- Profit (loss) carried forward +€51,441
up €51,441 (+6.7%), from -€762,121 to -€710,680
- Trade debts +€27,120
up €27,120 (+17.0%), from €159,134 to €186,254
- Gross operating margin +€566,897
up €566,897 (+18.2%), from €3.1m to €3.7m
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 | €860,288 | €1,018,730 | +€158,442 | +18.4% |
| Fixed assets | 21/28 | €258,985 | €225,474 | -€33,511 | -12.9% |
| Intangible fixed assets | 21 | €1,752 | €751 | -€1,001 | -57.1% |
| Tangible fixed assets | 22/27 | €135,893 | €103,382 | -€32,510 | -23.9% |
| Plant, machinery and equipment | 23 | €14,789 | €10,152 | -€4,637 | -31.4% |
| Furniture and vehicles | 24 | €114,742 | €89,785 | -€24,956 | -21.7% |
| Other tangible fixed assets | 26 | €6,362 | €3,445 | -€2,917 | -45.8% |
| Financial fixed assets | 28 | €121,341 | €121,341 | = | 0.0% |
| Current assets | 29/58 | €601,303 | €793,257 | +€191,953 | +31.9% |
| Stocks and contracts in progress | 3 | €7,264 | €7,264 | = | 0.0% |
| Stocks | 30/36 | €7,264 | €7,264 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €517,382 | €765,446 | +€248,064 | +47.9% |
| Trade receivables | 40 | €376,465 | €426,813 | +€50,348 | +13.4% |
| Other amounts receivable | 41 | €140,917 | €338,634 | +€197,717 | +140.3% |
| Cash at bank and in hand | 54/58 | €71,980 | €19,312 | -€52,668 | -73.2% |
| Deferred charges and accrued income | 490/1 | €4,677 | €1,234 | -€3,443 | -73.6% |
| Total equity and liabilities | 10/49 | €860,288 | €1,018,730 | +€158,442 | +18.4% |
| Equity | 10/15 | -€652,121 | -€600,680 | +€51,441 | +7.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€762,121 | -€710,680 | +€51,441 | +6.7% |
| Amounts payable | 17/49 | €1,512,410 | €1,619,410 | +€107,001 | +7.1% |
| Amounts payable within one year | 42/48 | €1,502,603 | €1,614,650 | +€112,048 | +7.5% |
| Financial debts | 43 | €84,380 | €84,035 | -€345 | -0.4% |
| Credit institutions | 430/8 | €84,380 | €84,035 | -€345 | -0.4% |
| Trade debts | 44 | €159,134 | €186,254 | +€27,120 | +17.0% |
| Suppliers | 440/4 | €159,134 | €186,254 | +€27,120 | +17.0% |
| Taxes, remuneration and social security | 45 | €598,199 | €479,145 | -€119,054 | -19.9% |
| Taxes | 450/3 | €70,266 | €23,849 | -€46,417 | -66.1% |
| Remuneration and social security | 454/9 | €527,933 | €455,296 | -€72,637 | -13.8% |
| Other amounts payable | 47/48 | €660,890 | €865,216 | +€204,326 | +30.9% |
| Accrued charges and deferred income | 492/3 | €9,807 | €4,760 | -€5,047 | -51.5% |
| Non-recurring operating income | 76A | €17,000 | €180,000 | +€163,000 | +958.8% |
| Remuneration, social security and pensions | 62 | €3,552,775 | €3,563,238 | +€10,463 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,005 | €48,884 | +€1,879 | +4.0% |
| Other operating charges | 640/8 | €2,937 | €6,333 | +€3,396 | +115.6% |
| Gross operating margin | 9900 | €3,107,456 | €3,674,353 | +€566,897 | +18.2% |
| Operating profit (loss) | 9901 | -€495,262 | €55,897 | +€551,159 | |
| Financial charges | 65/66B | €9,622 | €4,229 | -€5,392 | -56.0% |
| Recurring financial charges | 65 | €9,622 | €4,229 | -€5,392 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | -€504,884 | €51,668 | +€556,551 | |
| Income taxes | 67/77 | €263 | €227 | -€37 | -13.9% |
| Profit (loss) for the period | 9904 | -€505,147 | €51,441 | +€556,588 | |
| Profit (loss) for the period to be appropriated | 9905 | -€505,147 | €51,441 | +€556,588 |
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 8 October 2026 via checked.be.