GERIMMA: 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.
GERIMMA
Largest movements
- Cash +€150,842
up €150,842 (+413.6%), from €36,467 to €187,309
mainly Investment in fixed assets (net) (+€111,798) and Net result for the year (+€72,229)
- Tangible fixed assets -€139,620
down €139,620 (-45.1%), from €309,603 to €169,983
of which Land and buildings: -€114,214
- Receivables within one year +€4,970
up €4,970 (+19.3%), from €25,698 to €30,668
of which Other amounts receivable: +€23,491
- Profit (loss) carried forward +€72,229
up €72,229 (+105.3%), from €68,625 to €140,854
- Other debts -€50,668
down €50,668 (-89.8%), from €56,392 to €5,724
- Trade debts -€4,172
down €4,172 (-77.3%), from €5,394 to €1,223
- Gross operating margin +€103,246
up €103,246 (+395.4%), from €26,112 to €129,358
- Taxes +€22,426
up €22,426 (+5118.9%), from €438 to €22,864
- Depreciation +€12,948
up €12,948 (+88.2%), from €14,673 to €27,622
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 | €372,308 | €388,700 | +€16,392 | +4.4% |
| Fixed assets | 21/28 | €309,643 | €170,223 | -€139,420 | -45.0% |
| Tangible fixed assets | 22/27 | €309,603 | €169,983 | -€139,620 | -45.1% |
| Land and buildings | 22 | €282,140 | €167,927 | -€114,214 | -40.5% |
| Plant, machinery and equipment | 23 | €124 | €1,885 | +€1,761 | +1416.5% |
| Furniture and vehicles | 24 | €27,338 | €171 | -€27,167 | -99.4% |
| Financial fixed assets | 28 | €40 | €240 | +€200 | +500.2% |
| Current assets | 29/58 | €62,665 | €218,477 | +€155,812 | +248.6% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,698 | €30,668 | +€4,970 | +19.3% |
| Trade receivables | 40 | €25,585 | €7,064 | -€18,521 | -72.4% |
| Other amounts receivable | 41 | €113 | €23,604 | +€23,491 | +20881.1% |
| Cash at bank and in hand | 54/58 | €36,467 | €187,309 | +€150,842 | +413.6% |
| Total equity and liabilities | 10/49 | €372,308 | €388,700 | +€16,392 | +4.4% |
| Equity | 10/15 | €304,773 | €377,002 | +€72,229 | +23.7% |
| Contributions | 10/11 | €59,500 | €59,500 | = | 0.0% |
| Reserves | 13 | €176,649 | €176,649 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,445 | €6,445 | = | 0.0% |
| Distributable reserves | 133 | €170,203 | €170,203 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,625 | €140,854 | +€72,229 | +105.3% |
| Amounts payable | 17/49 | €67,534 | €11,697 | -€55,837 | -82.7% |
| Amounts payable within one year | 42/48 | €67,534 | €11,697 | -€55,837 | -82.7% |
| Trade debts | 44 | €5,394 | €1,223 | -€4,172 | -77.3% |
| Suppliers | 440/4 | €5,394 | €1,223 | -€4,172 | -77.3% |
| Taxes, remuneration and social security | 45 | €5,748 | €4,750 | -€998 | -17.4% |
| Taxes | 450/3 | €5,748 | €4,750 | -€998 | -17.4% |
| Other amounts payable | 47/48 | €56,392 | €5,724 | -€50,668 | -89.8% |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Non-recurring operating income | 76A | €1,763 | €198,369 | +€196,606 | +11152.7% |
| Remuneration, social security and pensions | 62 | -€773 | - | +€773 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,673 | €27,622 | +€12,948 | +88.2% |
| Other operating charges | 640/8 | €6,873 | €6,097 | -€777 | -11.3% |
| Gross operating margin | 9900 | €26,112 | €129,358 | +€103,246 | +395.4% |
| Operating profit (loss) | 9901 | €5,338 | €95,639 | +€90,302 | +1691.8% |
| Financial income | 75/76B | €3 | €19 | +€16 | +511.0% |
| Recurring financial income | 75 | €3 | €19 | +€16 | +511.0% |
| Financial charges | 65/66B | €521 | €565 | +€43 | +8.3% |
| Recurring financial charges | 65 | €521 | €565 | +€43 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €4,819 | €95,093 | +€90,274 | +1873.2% |
| Income taxes | 67/77 | €438 | €22,864 | +€22,426 | +5118.9% |
| Profit (loss) for the period | 9904 | €4,381 | €72,229 | +€67,848 | +1548.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,381 | €72,229 | +€67,848 | +1548.6% |
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.