GERINGO: 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.
GERINGO
Largest movements
- Current investments +€200,670
new in 2025: €200,670
- Tangible fixed assets -€61,584
down €61,584 (-8.3%), from €742,849 to €681,265
- Cash -€25,064
down €25,064 (-18.1%), from €138,786 to €113,722
mainly Current investments (-€200,670) and Debts after one year (-€81,204)
- Profit (loss) carried forward +€224,174
up €224,174 (+112.6%), from €199,028 to €423,202
- Debts after one year -€81,204
down €81,204 (-14.3%), from €569,451 to €488,247
- Trade debts -€19,221
down €19,221 (-90.1%), from €21,344 to €2,123
- Tax, wage and social debts -€18,248
down €18,248 (-44.3%), from €41,202 to €22,954
of which Taxes: -€9,754
- Taxes -€109,326
down €109,326 (-59.1%), from €184,908 to €75,582
- Gross operating margin -€39,285
down €39,285 (-9.2%), from €427,685 to €388,400
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 | €962,480 | €1,072,695 | +€110,215 | +11.5% |
| Fixed assets | 21/28 | €742,849 | €681,265 | -€61,584 | -8.3% |
| Tangible fixed assets | 22/27 | €742,849 | €681,265 | -€61,584 | -8.3% |
| Land and buildings | 22 | €742,849 | €681,265 | -€61,584 | -8.3% |
| Current assets | 29/58 | €219,631 | €391,430 | +€171,799 | +78.2% |
| Amounts receivable within one year | 40/41 | €80,845 | €75,471 | -€5,373 | -6.6% |
| Trade receivables | 40 | €65,681 | €45,582 | -€20,099 | -30.6% |
| Other amounts receivable | 41 | €15,163 | €29,890 | +€14,726 | +97.1% |
| Current investments | 50/53 | - | €200,670 | +€200,670 | |
| Cash at bank and in hand | 54/58 | €138,786 | €113,722 | -€25,064 | -18.1% |
| Deferred charges and accrued income | 490/1 | - | €1,566 | +€1,566 | |
| Total equity and liabilities | 10/49 | €962,480 | €1,072,695 | +€110,215 | +11.5% |
| Equity | 10/15 | €217,974 | €442,148 | +€224,174 | +102.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €346 | €346 | = | 0.0% |
| Non-distributable reserves | 130/1 | €346 | €346 | = | 0.0% |
| Reserves not available under the articles | 1311 | €346 | €346 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199,028 | €423,202 | +€224,174 | +112.6% |
| Amounts payable | 17/49 | €744,506 | €630,547 | -€113,959 | -15.3% |
| Amounts payable after more than one year | 17 | €569,451 | €488,247 | -€81,204 | -14.3% |
| Financial debts | 170/4 | €569,451 | €488,247 | -€81,204 | -14.3% |
| Amounts payable within one year | 42/48 | €174,845 | €142,009 | -€32,835 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €80,141 | €81,204 | +€1,063 | +1.3% |
| Trade debts | 44 | €21,344 | €2,123 | -€19,221 | -90.1% |
| Suppliers | 440/4 | €21,344 | €2,123 | -€19,221 | -90.1% |
| Taxes, remuneration and social security | 45 | €41,202 | €22,954 | -€18,248 | -44.3% |
| Taxes | 450/3 | €32,708 | €22,954 | -€9,754 | -29.8% |
| Remuneration and social security | 454/9 | €8,494 | €0 | -€8,494 | -100.0% |
| Other amounts payable | 47/48 | €32,158 | €35,729 | +€3,571 | +11.1% |
| Accrued charges and deferred income | 492/3 | €210 | €290 | +€80 | +37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,584 | €61,584 | = | 0.0% |
| Other operating charges | 640/8 | €17,465 | €17,805 | +€340 | +1.9% |
| Gross operating margin | 9900 | €427,685 | €388,400 | -€39,285 | -9.2% |
| Operating profit (loss) | 9901 | €348,635 | €309,011 | -€39,625 | -11.4% |
| Financial income | 75/76B | - | €672 | +€672 | |
| Recurring financial income | 75 | - | €672 | +€672 | |
| Financial charges | 65/66B | €9,289 | €9,926 | +€637 | +6.9% |
| Recurring financial charges | 65 | €9,289 | €9,926 | +€637 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €339,346 | €299,756 | -€39,590 | -11.7% |
| Income taxes | 67/77 | €184,908 | €75,582 | -€109,326 | -59.1% |
| Profit (loss) for the period | 9904 | €154,438 | €224,174 | +€69,736 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €154,438 | €224,174 | +€69,736 | +45.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.