GERIMA: 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.
GERIMA
Largest movements
- Cash +€38,866
up €38,866 (+20.0%), from €194,160 to €233,026
mainly Depreciation (+€36,787) and Net result for the year (+€8,298)
- Tangible fixed assets -€36,787
down €36,787 (-4.6%), from €794,419 to €757,632
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€9,838
up €9,838, from €0 to €9,838
- Taxes +€3,943
up €3,943 (+3,821%), from €103 to €4,046
- Gross operating margin +€2,726
up €2,726 (+6.5%), from €41,702 to €44,428
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 | €1,588,579 | €1,597,544 | +€8,966 | +0.6% |
| Fixed assets | 21/28 | €794,419 | €757,632 | -€36,787 | -4.6% |
| Tangible fixed assets | 22/27 | €794,419 | €757,632 | -€36,787 | -4.6% |
| Land and buildings | 22 | €794,419 | €757,632 | -€36,787 | -4.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €794,160 | €839,912 | +€45,752 | +5.8% |
| Current investments | 50/53 | €600,000 | €606,886 | +€6,886 | +1.1% |
| Cash at bank and in hand | 54/58 | €194,160 | €233,026 | +€38,866 | +20.0% |
| Total equity and liabilities | 10/49 | €1,588,579 | €1,597,544 | +€8,966 | +0.6% |
| Equity | 10/15 | €1,586,502 | €1,594,801 | +€8,298 | +0.5% |
| Contributions | 10/11 | €577,000 | €577,000 | = | 0.0% |
| Capital | 10 | €577,000 | €577,000 | = | 0.0% |
| Issued capital | 100 | €577,000 | €577,000 | = | 0.0% |
| Reserves | 13 | €1,009,502 | €1,017,801 | +€8,298 | +0.8% |
| Non-distributable reserves | 130/1 | €57,700 | €57,700 | = | 0.0% |
| Legal reserve | 130 | €57,700 | €57,700 | = | 0.0% |
| Distributable reserves | 133 | €951,802 | €960,101 | +€8,298 | +0.9% |
| Amounts payable | 17/49 | €2,076 | €2,744 | +€667 | +32.1% |
| Amounts payable within one year | 42/48 | €823 | €1,459 | +€636 | +77.3% |
| Trade debts | 44 | €355 | €0 | -€355 | -100% |
| Suppliers | 440/4 | €355 | €0 | -€355 | -100% |
| Taxes, remuneration and social security | 45 | €103 | €1,094 | +€991 | +961% |
| Taxes | 450/3 | €103 | €1,094 | +€991 | +961% |
| Other amounts payable | 47/48 | €365 | €365 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,253 | €1,285 | +€31 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,448 | €36,787 | +€338 | +0.9% |
| Other operating charges | 640/8 | €4,807 | €4,952 | +€145 | +3.0% |
| Gross operating margin | 9900 | €41,702 | €44,428 | +€2,726 | +6.5% |
| Operating profit (loss) | 9901 | €447 | €2,689 | +€2,242 | +502% |
| Financial income | 75/76B | €0 | €9,838 | +€9,838 | |
| Recurring financial income | 75 | €0 | €9,838 | +€9,838 | |
| Financial charges | 65/66B | €171 | €183 | +€12 | +7.1% |
| Recurring financial charges | 65 | €171 | €183 | +€12 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €276 | €12,344 | +€12,068 | +4,381% |
| Income taxes | 67/77 | €103 | €4,046 | +€3,943 | +3,821% |
| Profit (loss) for the period | 9904 | €172 | €8,298 | +€8,126 | +4,715% |
| Profit (loss) for the period to be appropriated | 9905 | €172 | €8,298 | +€8,126 | +4,715% |
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 14 October 2026 via checked.be.