GERISCO: 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.
What changed
GERISCO
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€297,342
2024 · €250,906+€46,436
Equity
€9.3m
2024 · €9.0m+€297,342
Cash
€249,988
2024 · €159,493+€90,495
Balance sheet total
€11.8m
2024 · €12.0m-€181,509
Largest movements
Assets
- Current investments -€157,063
down €157,063 (-11.4%), from €1.4m to €1.2m
Equity and liabilities
- Debts after one year -€501,384
down €501,384 (-20.4%), from €2.5m to €2.0m
- Reserves +€297,342
up €297,342 (+3.3%), from €8.9m to €9.2m
of which Distributable reserves: +€297,342
Income statement
- Financial income +€80,056
up €80,056 (+267%), from €29,966 to €110,022
- Financial charges +€17,784
up €17,784 (+35.2%), from €50,549 to €68,332
- Taxes +€17,186
up €17,186 (+20.4%), from €84,409 to €101,595
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.
Result 2024
€250,906
Services and other goods
+€1,392
Other operating charges
-€42
Financial income
+€80,056
Financial charges
-€17,784
Taxes
-€17,186
Result 2025
€297,342
raises the resultlowers the result
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.
From operations
+€446,543
Investment
+€157,063
Financing
-€513,110
Cash 2024
€159,493
From operations (derived)
+€446,543
Net result for the year
+€297,342
Receivables within one year
+€115,470
Smaller working-capital items
+€466
Tax, wage and social debts
+€33,265
Investment (derived)
+€157,063
Current investments
+€157,063
Financing
-€513,110
Debts after one year
-€501,384
Current portion of long-term debt
-€11,628
Short-term financial debts
-€98
Cash 2025
€249,988
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,970,072 | €11,788,563 | -€181,509 | -1.5% |
| Fixed assets | 21/28 | €9,023,733 | €9,023,733 | = | 0.0% |
| Financial fixed assets | 28 | €9,023,733 | €9,023,733 | = | 0.0% |
| Affiliated companies | 280/1 | €9,023,733 | €9,023,733 | = | 0.0% |
| Participating interests | 280 | €9,023,733 | €9,023,733 | = | 0.0% |
| Current assets | 29/58 | €2,946,338 | €2,764,830 | -€181,509 | -6.2% |
| Amounts receivable within one year | 40/41 | €1,405,024 | €1,289,555 | -€115,470 | -8.2% |
| Other amounts receivable | 41 | €1,405,024 | €1,289,555 | -€115,470 | -8.2% |
| Current investments | 50/53 | €1,381,821 | €1,224,758 | -€157,063 | -11.4% |
| Other investments | 51/53 | €1,381,821 | €1,224,758 | -€157,063 | -11.4% |
| Cash at bank and in hand | 54/58 | €159,493 | €249,988 | +€90,495 | +56.7% |
| Deferred charges and accrued income | 490/1 | €0 | €529 | +€529 | +406,785% |
| Total equity and liabilities | 10/49 | €11,970,072 | €11,788,563 | -€181,509 | -1.5% |
| Equity | 10/15 | €8,988,560 | €9,285,902 | +€297,342 | +3.3% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €8,926,060 | €9,223,402 | +€297,342 | +3.3% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €8,919,810 | €9,217,152 | +€297,342 | +3.3% |
| Amounts payable | 17/49 | €2,981,511 | €2,502,661 | -€478,850 | -16.1% |
| Amounts payable after more than one year | 17 | €2,453,241 | €1,951,857 | -€501,384 | -20.4% |
| Financial debts | 170/4 | €2,453,241 | €1,951,857 | -€501,384 | -20.4% |
| Credit institutions | 173 | €2,453,241 | €1,951,857 | -€501,384 | -20.4% |
| Amounts payable within one year | 42/48 | €528,000 | €550,537 | +€22,537 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €513,012 | €501,384 | -€11,628 | -2.3% |
| Financial debts | 43 | €580 | €481 | -€98 | -16.9% |
| Credit institutions | 430/8 | €580 | €481 | -€98 | -16.9% |
| Trade debts | 44 | - | €998 | +€998 | |
| Suppliers | 440/4 | - | €998 | +€998 | |
| Taxes, remuneration and social security | 45 | €14,409 | €47,673 | +€33,265 | +231% |
| Taxes | 450/3 | €14,409 | €47,673 | +€33,265 | +231% |
| Accrued charges and deferred income | 492/3 | €270 | €267 | -€4 | -1.3% |
| Operating income | 70/76A | €372,000 | €372,000 | = | 0.0% |
| Turnover | 70 | €372,000 | €372,000 | = | 0.0% |
| Operating charges | 60/66A | €16,102 | €14,753 | -€1,350 | -8.4% |
| Services and other goods | 61 | €14,619 | €13,227 | -€1,392 | -9.5% |
| Other operating charges | 640/8 | €1,484 | €1,526 | +€42 | +2.9% |
| Operating profit (loss) | 9901 | €355,898 | €357,247 | +€1,350 | +0.4% |
| Financial income | 75/76B | €29,966 | €110,022 | +€80,056 | +267% |
| Recurring financial income | 75 | €29,966 | €110,022 | +€80,056 | +267% |
| Income from current assets | 751 | €29,966 | €91,065 | +€61,099 | +204% |
| Other financial income | 752/9 | - | €18,957 | +€18,957 | |
| Financial charges | 65/66B | €50,549 | €68,332 | +€17,784 | +35.2% |
| Recurring financial charges | 65 | €50,549 | €68,332 | +€17,784 | +35.2% |
| Debt charges | 650 | €50,549 | €67,852 | +€17,303 | +34.2% |
| Other financial charges | 652/9 | - | €480 | +€480 | |
| Profit (loss) for the period before taxes | 9903 | €335,315 | €398,937 | +€63,622 | +19.0% |
| Income taxes | 67/77 | €84,409 | €101,595 | +€17,186 | +20.4% |
| Taxes | 670/3 | €84,409 | €101,595 | +€17,186 | +20.4% |
| Profit (loss) for the period | 9904 | €250,906 | €297,342 | +€46,436 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €250,906 | €297,342 | +€46,436 | +18.5% |
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 16 October 2026 via checked.be.