GERISA: 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.
GERISA
Largest movements
- Tangible fixed assets -€28,779
down €28,779 (-8.3%), from €345,253 to €316,474
- Debts after one year -€15,541
down €15,541 (-10.8%), from €143,732 to €128,191
- Current portion of long-term debt +€11,157
up €11,157 (+75.2%), from €14,828 to €25,984
- Tax, wage and social debts -€10,267
down €10,267 (-42.3%), from €24,269 to €14,002
of which Remuneration and social security: -€5,255
- Trade debts -€8,077
down €8,077 (-33.7%), from €24,001 to €15,925
- Other debts -€7,634
down €7,634 (-3.5%), from €215,081 to €207,447
- Gross operating margin +€13,914
up €13,914 (+17.4%), from €79,978 to €93,891
- Staff costs -€12,909
down €12,909 (-19.8%), from €65,356 to €52,446
- Financial charges -€1,188
down €1,188 (-13.7%), from €8,640 to €7,452
- Depreciation +€1,118
up €1,118 (+3.8%), from €29,377 to €30,495
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 | €369,362 | €341,308 | -€28,055 | -7.6% |
| Fixed assets | 21/28 | €345,253 | €316,474 | -€28,779 | -8.3% |
| Tangible fixed assets | 22/27 | €345,253 | €316,474 | -€28,779 | -8.3% |
| Land and buildings | 22 | €257,113 | €243,125 | -€13,988 | -5.4% |
| Plant, machinery and equipment | 23 | €80,151 | €67,659 | -€12,492 | -15.6% |
| Furniture and vehicles | 24 | €7,989 | €5,690 | -€2,299 | -28.8% |
| Current assets | 29/58 | €24,109 | €24,833 | +€725 | +3.0% |
| Stocks and contracts in progress | 3 | €8,642 | €10,300 | +€1,658 | +19.2% |
| Stocks | 30/36 | €8,642 | €10,300 | +€1,658 | +19.2% |
| Amounts receivable within one year | 40/41 | €1,936 | €4,274 | +€2,339 | +121% |
| Trade receivables | 40 | - | €1,814 | +€1,814 | |
| Other amounts receivable | 41 | €1,936 | €2,460 | +€524 | +27.1% |
| Cash at bank and in hand | 54/58 | €13,279 | €9,759 | -€3,520 | -26.5% |
| Deferred charges and accrued income | 490/1 | €252 | €501 | +€248 | +98.5% |
| Total equity and liabilities | 10/49 | €369,362 | €341,308 | -€28,055 | -7.6% |
| Equity | 10/15 | -€52,548 | -€50,242 | +€2,307 | +4.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,548 | -€60,242 | +€2,307 | +3.7% |
| Amounts payable | 17/49 | €421,910 | €391,549 | -€30,361 | -7.2% |
| Amounts payable after more than one year | 17 | €143,732 | €128,191 | -€15,541 | -10.8% |
| Financial debts | 170/4 | €143,732 | €128,191 | -€15,541 | -10.8% |
| Amounts payable within one year | 42/48 | €278,178 | €263,358 | -€14,820 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €14,828 | €25,984 | +€11,157 | +75.2% |
| Trade debts | 44 | €24,001 | €15,925 | -€8,077 | -33.7% |
| Suppliers | 440/4 | €24,001 | €15,925 | -€8,077 | -33.7% |
| Taxes, remuneration and social security | 45 | €24,269 | €14,002 | -€10,267 | -42.3% |
| Taxes | 450/3 | €16,079 | €11,067 | -€5,012 | -31.2% |
| Remuneration and social security | 454/9 | €8,189 | €2,935 | -€5,255 | -64.2% |
| Other amounts payable | 47/48 | €215,081 | €207,447 | -€7,634 | -3.5% |
| Remuneration, social security and pensions | 62 | €65,356 | €52,446 | -€12,909 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,377 | €30,495 | +€1,118 | +3.8% |
| Other operating charges | 640/8 | €1,737 | €1,226 | -€510 | -29.4% |
| Gross operating margin | 9900 | €79,978 | €93,891 | +€13,914 | +17.4% |
| Operating profit (loss) | 9901 | -€16,492 | €9,724 | +€26,215 | |
| Financial income | 75/76B | €0 | €35 | +€35 | +12,475% |
| Recurring financial income | 75 | €0 | €35 | +€35 | +12,475% |
| Financial charges | 65/66B | €8,640 | €7,452 | -€1,188 | -13.7% |
| Recurring financial charges | 65 | €8,640 | €7,452 | -€1,188 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,131 | €2,307 | +€27,438 | |
| Profit (loss) for the period | 9904 | -€25,131 | €2,307 | +€27,438 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,131 | €2,307 | +€27,438 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.