Gerin Romane: 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.
Gerin Romane
Largest movements
- Tangible fixed assets -€13,102
down €13,102 (-5.4%), from €242,529 to €229,427
of which Land and buildings: -€13,638
- Cash -€12,526
down €12,526 (-11.0%), from €113,432 to €100,905
mainly Other debts (-€36,836) and Debts after one year (-€14,947)
- Profit (loss) carried forward +€37,747
up €37,747 (+34.8%), from €108,567 to €146,314
- Other debts -€36,836
down €36,836 (-88.2%), from €41,784 to €4,948
- Debts after one year -€14,947
down €14,947 (-9.4%), from €158,993 to €144,046
- Current portion of long-term debt -€4,930
down €4,930 (-24.8%), from €19,877 to €14,947
- Gross operating margin -€1,988
down €1,988 (-2.8%), from €71,586 to €69,598
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 | €357,055 | €335,578 | -€21,478 | -6.0% |
| Fixed assets | 21/28 | €242,529 | €229,427 | -€13,102 | -5.4% |
| Tangible fixed assets | 22/27 | €242,529 | €229,427 | -€13,102 | -5.4% |
| Land and buildings | 22 | €228,708 | €215,070 | -€13,638 | -6.0% |
| Plant, machinery and equipment | 23 | €13,299 | €11,057 | -€2,242 | -16.9% |
| Furniture and vehicles | 24 | €522 | €3,300 | +€2,778 | +532% |
| Current assets | 29/58 | €114,526 | €106,151 | -€8,376 | -7.3% |
| Amounts receivable within one year | 40/41 | - | €2,077 | +€2,077 | |
| Other amounts receivable | 41 | - | €2,077 | +€2,077 | |
| Cash at bank and in hand | 54/58 | €113,432 | €100,905 | -€12,526 | -11.0% |
| Deferred charges and accrued income | 490/1 | €1,095 | €3,169 | +€2,074 | +189% |
| Total equity and liabilities | 10/49 | €357,055 | €335,578 | -€21,478 | -6.0% |
| Equity | 10/15 | €127,167 | €164,914 | +€37,747 | +29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,567 | €146,314 | +€37,747 | +34.8% |
| Amounts payable | 17/49 | €229,889 | €170,664 | -€59,225 | -25.8% |
| Amounts payable after more than one year | 17 | €158,993 | €144,046 | -€14,947 | -9.4% |
| Financial debts | 170/4 | €158,993 | €144,046 | -€14,947 | -9.4% |
| Amounts payable within one year | 42/48 | €70,896 | €26,618 | -€44,278 | -62.5% |
| Current portion of amounts payable after more than one year | 42 | €19,877 | €14,947 | -€4,930 | -24.8% |
| Trade debts | 44 | €2,808 | €2,973 | +€165 | +5.9% |
| Suppliers | 440/4 | €2,808 | €2,973 | +€165 | +5.9% |
| Taxes, remuneration and social security | 45 | €6,427 | €3,750 | -€2,677 | -41.7% |
| Taxes | 450/3 | €4,342 | €3,750 | -€592 | -13.6% |
| Remuneration and social security | 454/9 | €2,085 | - | -€2,085 | |
| Other amounts payable | 47/48 | €41,784 | €4,948 | -€36,836 | -88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,170 | €16,655 | +€485 | +3.0% |
| Other operating charges | 640/8 | €2,111 | €2,140 | +€29 | +1.4% |
| Gross operating margin | 9900 | €71,586 | €69,598 | -€1,988 | -2.8% |
| Operating profit (loss) | 9901 | €53,305 | €50,803 | -€2,501 | -4.7% |
| Financial income | 75/76B | €13 | €5 | -€8 | -61.5% |
| Recurring financial income | 75 | €13 | €5 | -€8 | -61.5% |
| Financial charges | 65/66B | €2,346 | €2,138 | -€207 | -8.8% |
| Recurring financial charges | 65 | €2,346 | €2,138 | -€207 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €50,972 | €48,670 | -€2,302 | -4.5% |
| Income taxes | 67/77 | €10,507 | €9,923 | -€584 | -5.6% |
| Profit (loss) for the period | 9904 | €40,465 | €38,747 | -€1,718 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,465 | €38,747 | -€1,718 | -4.2% |
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 31 October 2026 via checked.be.