GERIMASSY: 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.
GERIMASSY
Largest movements
- Cash +€98,047
up €98,047 (+147.4%), from €66,496 to €164,544
mainly Other debts (+€188,116) and Net result for the year (+€141,500)
- Receivables within one year -€26,988
down €26,988 (-36.7%), from €73,449 to €46,461
- Receivables after one year -€16,331
down €16,331 (-20.4%), from €80,000 to €63,669
- Other debts +€188,116
up €188,116 (+255.9%), from €73,525 to €261,641
- Reserves -€150,600
down €150,600 (-88.8%), from €169,600 to €19,000
- Tax, wage and social debts +€34,818
up €34,818 (+236.1%), from €14,745 to €49,563
- Current portion of long-term debt -€8,582
no longer reported in 2025 (was €8,582)
- Trade debts -€8,483
down €8,483 (-98.4%), from €8,623 to €140
- Gross operating margin +€69,716
up €69,716 (+57.1%), from €122,024 to €191,740
- Taxes +€17,334
up €17,334 (+64.8%), from €26,770 to €44,104
- Depreciation -€7,203
down €7,203 (-72.3%), from €9,966 to €2,762
- Financial income -€2,007
down €2,007 (-52.5%), from €3,822 to €1,815
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 | €281,414 | €336,683 | +€55,269 | +19.6% |
| Fixed assets | 21/28 | €5,712 | €3,965 | -€1,747 | -30.6% |
| Tangible fixed assets | 22/27 | €5,512 | €3,765 | -€1,747 | -31.7% |
| Land and buildings | 22 | €2,391 | €1,233 | -€1,158 | -48.4% |
| Plant, machinery and equipment | 23 | €866 | €689 | -€177 | -20.4% |
| Furniture and vehicles | 24 | €2,256 | €1,844 | -€412 | -18.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €275,702 | €332,718 | +€57,015 | +20.7% |
| Amounts receivable after more than one year | 29 | €80,000 | €63,669 | -€16,331 | -20.4% |
| Other amounts receivable | 291 | €80,000 | €63,669 | -€16,331 | -20.4% |
| Amounts receivable within one year | 40/41 | €73,449 | €46,461 | -€26,988 | -36.7% |
| Other amounts receivable | 41 | €73,449 | €46,461 | -€26,988 | -36.7% |
| Cash at bank and in hand | 54/58 | €66,496 | €164,544 | +€98,047 | +147.4% |
| Deferred charges and accrued income | 490/1 | €55,757 | €58,043 | +€2,287 | +4.1% |
| Total equity and liabilities | 10/49 | €281,414 | €336,683 | +€55,269 | +19.6% |
| Equity | 10/15 | €175,939 | €25,339 | -€150,600 | -85.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €169,600 | €19,000 | -€150,600 | -88.8% |
| Distributable reserves | 133 | €169,600 | €19,000 | -€150,600 | -88.8% |
| Profit (loss) carried forward | 14 | €339 | €339 | +€0 | 0.0% |
| Amounts payable | 17/49 | €105,475 | €311,344 | +€205,869 | +195.2% |
| Amounts payable within one year | 42/48 | €105,475 | €311,344 | +€205,869 | +195.2% |
| Current portion of amounts payable after more than one year | 42 | €8,582 | - | -€8,582 | |
| Trade debts | 44 | €8,623 | €140 | -€8,483 | -98.4% |
| Suppliers | 440/4 | €8,623 | €140 | -€8,483 | -98.4% |
| Taxes, remuneration and social security | 45 | €14,745 | €49,563 | +€34,818 | +236.1% |
| Taxes | 450/3 | €14,745 | €49,563 | +€34,818 | +236.1% |
| Other amounts payable | 47/48 | €73,525 | €261,641 | +€188,116 | +255.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,966 | €2,762 | -€7,203 | -72.3% |
| Other operating charges | 640/8 | €428 | €2,213 | +€1,785 | +417.0% |
| Gross operating margin | 9900 | €122,024 | €191,740 | +€69,716 | +57.1% |
| Operating profit (loss) | 9901 | €111,631 | €186,765 | +€75,134 | +67.3% |
| Financial income | 75/76B | €3,822 | €1,815 | -€2,007 | -52.5% |
| Recurring financial income | 75 | €3,822 | €1,815 | -€2,007 | -52.5% |
| Financial charges | 65/66B | €2,938 | €2,975 | +€37 | +1.3% |
| Recurring financial charges | 65 | €2,938 | €2,975 | +€37 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €112,514 | €185,604 | +€73,090 | +65.0% |
| Income taxes | 67/77 | €26,770 | €44,104 | +€17,334 | +64.8% |
| Profit (loss) for the period | 9904 | €85,744 | €141,500 | +€55,756 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €85,744 | €141,500 | +€55,756 | +65.0% |
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.