GERIMMO: 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.
GERIMMO
Largest movements
- Receivables within one year -€14,780
down €14,780 (-73.2%), from €20,179 to €5,399
of which Other amounts receivable: -€10,607
- Tangible fixed assets -€4,004
down €4,004 (-6.8%), from €58,529 to €54,525
- Cash +€2,124
up €2,124 (+135.5%), from €1,567 to €3,691
mainly Receivables within one year (+€14,780) and Depreciation (+€4,004)
- Debts after one year -€15,159
down €15,159 (-100.0%), from €15,159 to €0
- Reserves +€2,696
up €2,696 (+11.3%), from €23,842 to €26,539
- Trade debts -€2,473
down €2,473 (-86.1%), from €2,872 to €400
- Tax, wage and social debts -€1,074
down €1,074 (-25.0%), from €4,296 to €3,222
- Gross operating margin -€5,614
down €5,614 (-35.0%), from €16,056 to €10,442
- Taxes -€787
down €787 (-49.9%), from €1,575 to €789
- Financial charges -€743
down €743 (-36.9%), from €2,014 to €1,271
- Financial income -€504
down €504 (-52.5%), from €960 to €457
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 | €80,570 | €63,919 | -€16,651 | -20.7% |
| Fixed assets | 21/28 | €58,529 | €54,525 | -€4,004 | -6.8% |
| Tangible fixed assets | 22/27 | €58,529 | €54,525 | -€4,004 | -6.8% |
| Land and buildings | 22 | €58,529 | €54,525 | -€4,004 | -6.8% |
| Current assets | 29/58 | €22,041 | €9,394 | -€12,647 | -57.4% |
| Amounts receivable within one year | 40/41 | €20,179 | €5,399 | -€14,780 | -73.2% |
| Trade receivables | 40 | €6,450 | €2,276 | -€4,174 | -64.7% |
| Other amounts receivable | 41 | €13,729 | €3,122 | -€10,607 | -77.3% |
| Cash at bank and in hand | 54/58 | €1,567 | €3,691 | +€2,124 | +135.5% |
| Deferred charges and accrued income | 490/1 | €295 | €305 | +€9 | +3.2% |
| Total equity and liabilities | 10/49 | €80,570 | €63,919 | -€16,651 | -20.7% |
| Equity | 10/15 | €42,442 | €45,139 | +€2,696 | +6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,842 | €26,539 | +€2,696 | +11.3% |
| Distributable reserves | 133 | €23,842 | €26,539 | +€2,696 | +11.3% |
| Amounts payable | 17/49 | €38,128 | €18,780 | -€19,347 | -50.7% |
| Amounts payable after more than one year | 17 | €15,159 | €0 | -€15,159 | -100.0% |
| Financial debts | 170/4 | €15,159 | €0 | -€15,159 | -100.0% |
| Amounts payable within one year | 42/48 | €22,969 | €18,780 | -€4,189 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €15,800 | €15,159 | -€641 | -4.1% |
| Trade debts | 44 | €2,872 | €400 | -€2,473 | -86.1% |
| Suppliers | 440/4 | €2,872 | €400 | -€2,473 | -86.1% |
| Taxes, remuneration and social security | 45 | €4,296 | €3,222 | -€1,074 | -25.0% |
| Taxes | 450/3 | €4,296 | €3,222 | -€1,074 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,004 | €4,004 | = | 0.0% |
| Other operating charges | 640/8 | €2,070 | €2,139 | +€69 | +3.3% |
| Gross operating margin | 9900 | €16,056 | €10,442 | -€5,614 | -35.0% |
| Operating profit (loss) | 9901 | €9,982 | €4,299 | -€5,683 | -56.9% |
| Financial income | 75/76B | €960 | €457 | -€504 | -52.5% |
| Recurring financial income | 75 | €960 | €457 | -€504 | -52.5% |
| Financial charges | 65/66B | €2,014 | €1,271 | -€743 | -36.9% |
| Recurring financial charges | 65 | €2,014 | €1,271 | -€743 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €8,929 | €3,485 | -€5,444 | -61.0% |
| Income taxes | 67/77 | €1,575 | €789 | -€787 | -49.9% |
| Profit (loss) for the period | 9904 | €7,353 | €2,696 | -€4,657 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,353 | €2,696 | -€4,657 | -63.3% |
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 10 October 2026 via checked.be.