GERIFARM: 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.
GERIFARM
Largest movements
- Receivables within one year +€47,396
up €47,396 (+9.7%), from €489,217 to €536,613
of which Other amounts receivable: +€37,565
- Cash -€44,083
down €44,083 (-10.5%), from €418,464 to €374,381
mainly Net result for the year (-€70,068) and Investment in fixed assets (net) (-€59,215)
- Deferred charges and accrued income +€28,897
up €28,897 (+69.9%), from €41,345 to €70,242
- Tax, wage and social debts +€93,758
up €93,758 (+44.2%), from €212,084 to €305,842
of which Remuneration and social security: +€95,595
- Profit (loss) carried forward -€70,068
down €70,068 (-6.6%), from €1.1m to €991,824
- Trade debts +€23,924
up €23,924 (+108.5%), from €22,059 to €45,983
- Debts after one year -€19,183
down €19,183 (-21.3%), from €90,274 to €71,091
- Staff costs +€107,193
up €107,193 (+5.4%), from €2.0m to €2.1m
- Depreciation -€23,220
down €23,220 (-25.1%), from €92,679 to €69,459
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 | €1,593,952 | €1,615,918 | +€21,966 | +1.4% |
| Fixed assets | 21/28 | €641,030 | €630,786 | -€10,244 | -1.6% |
| Intangible fixed assets | 21 | €16,297 | €14,175 | -€2,122 | -13.0% |
| Tangible fixed assets | 22/27 | €624,733 | €616,611 | -€8,122 | -1.3% |
| Land and buildings | 22 | €392,613 | €404,076 | +€11,463 | +2.9% |
| Plant, machinery and equipment | 23 | €166,577 | €157,650 | -€8,927 | -5.4% |
| Furniture and vehicles | 24 | €65,057 | €54,459 | -€10,598 | -16.3% |
| Leasing and similar rights | 25 | €486 | €426 | -€60 | -12.3% |
| Current assets | 29/58 | €952,922 | €985,132 | +€32,210 | +3.4% |
| Stocks and contracts in progress | 3 | €3,896 | €3,896 | = | 0.0% |
| Stocks | 30/36 | €3,896 | €3,896 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €489,217 | €536,613 | +€47,396 | +9.7% |
| Trade receivables | 40 | €210,763 | €220,594 | +€9,831 | +4.7% |
| Other amounts receivable | 41 | €278,454 | €316,019 | +€37,565 | +13.5% |
| Cash at bank and in hand | 54/58 | €418,464 | €374,381 | -€44,083 | -10.5% |
| Deferred charges and accrued income | 490/1 | €41,345 | €70,242 | +€28,897 | +69.9% |
| Total equity and liabilities | 10/49 | €1,593,952 | €1,615,918 | +€21,966 | +1.4% |
| Equity | 10/15 | €1,243,937 | €1,173,869 | -€70,068 | -5.6% |
| Contributions | 10/11 | €123,947 | €123,947 | -€0 | 0.0% |
| Capital | 10 | €123,947 | €123,947 | -€0 | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | -€0 | 0.0% |
| Reserves | 13 | €58,098 | €58,098 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | -€0 | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | -€0 | 0.0% |
| Distributable reserves | 133 | €45,703 | €45,703 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €1,061,892 | €991,824 | -€70,068 | -6.6% |
| Amounts payable | 17/49 | €350,015 | €442,049 | +€92,034 | +26.3% |
| Amounts payable after more than one year | 17 | €90,274 | €71,091 | -€19,183 | -21.3% |
| Financial debts | 170/4 | €90,274 | €71,091 | -€19,183 | -21.3% |
| Amounts payable within one year | 42/48 | €252,990 | €370,959 | +€117,969 | +46.6% |
| Current portion of amounts payable after more than one year | 42 | €18,847 | €19,134 | +€287 | +1.5% |
| Trade debts | 44 | €22,059 | €45,983 | +€23,924 | +108.5% |
| Suppliers | 440/4 | €22,059 | €45,983 | +€23,924 | +108.5% |
| Taxes, remuneration and social security | 45 | €212,084 | €305,842 | +€93,758 | +44.2% |
| Taxes | 450/3 | €2,491 | €654 | -€1,837 | -73.7% |
| Remuneration and social security | 454/9 | €209,593 | €305,188 | +€95,595 | +45.6% |
| Accrued charges and deferred income | 492/3 | €6,751 | €0 | -€6,751 | -100.0% |
| Non-recurring operating income | 76A | - | €590 | +€590 | |
| Remuneration, social security and pensions | 62 | €1,987,623 | €2,094,816 | +€107,193 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,679 | €69,459 | -€23,220 | -25.1% |
| Other operating charges | 640/8 | €13,978 | €2,059 | -€11,919 | -85.3% |
| Gross operating margin | 9900 | €2,100,374 | €2,098,138 | -€2,236 | -0.1% |
| Operating profit (loss) | 9901 | €6,094 | -€68,196 | -€74,290 | |
| Financial income | 75/76B | €2,544 | €1 | -€2,543 | -100.0% |
| Recurring financial income | 75 | €1,811 | €1 | -€1,810 | -100.0% |
| Non-recurring financial income | 76B | €733 | €0 | -€733 | -100.0% |
| Financial charges | 65/66B | €2,380 | €1,222 | -€1,158 | -48.7% |
| Recurring financial charges | 65 | €2,380 | €1,222 | -€1,158 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €6,258 | -€69,417 | -€75,675 | |
| Income taxes | 67/77 | €3,603 | €651 | -€2,952 | -81.9% |
| Profit (loss) for the period | 9904 | €2,655 | -€70,068 | -€72,723 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,655 | -€70,068 | -€72,723 |
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 4 October 2026 via checked.be.