GERITEK: 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.
GERITEK
Largest movements
- Tangible fixed assets -€15,141
down €15,141 (-96.0%), from €15,777 to €636
- Receivables within one year +€8,406
up €8,406 (+25.4%), from €33,049 to €41,455
of which Trade receivables: +€8,530
- Stocks and contracts -€3,115
down €3,115 (-78.8%), from €3,955 to €840
- Cash +€2,916
up €2,916 (+96.6%), from €3,018 to €5,933
mainly Investment in fixed assets (net) (+€14,390) and Net result for the year (+€6,719)
- Tax, wage and social debts -€9,277
down €9,277 (-77.5%), from €11,963 to €2,686
of which Taxes: -€9,277
- Current portion of long-term debt -€7,076
down €7,076 (-91.4%), from €7,741 to €666
- Reserves +€4,943
up €4,943 (+18.3%), from €27,039 to €31,983
- Trade debts +€3,474
up €3,474 (+52.1%), from €6,666 to €10,139
- Profit (loss) carried forward +€1,776
up €1,776, from -€1,776 to €0
- Gross operating margin +€4,818
up €4,818 (+53.8%), from €8,961 to €13,780
- Depreciation -€3,559
down €3,559 (-82.6%), from €4,311 to €751
- Taxes +€2,573
up €2,573 (+4534.9%), from €57 to €2,629
- Financial charges +€595
up €595 (+22.6%), from €2,629 to €3,224
- Other operating charges -€492
down €492 (-33.1%), from €1,486 to €994
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 | €57,299 | €50,474 | -€6,825 | -11.9% |
| Fixed assets | 21/28 | €15,777 | €636 | -€15,141 | -96.0% |
| Tangible fixed assets | 22/27 | €15,777 | €636 | -€15,141 | -96.0% |
| Furniture and vehicles | 24 | €15,777 | €636 | -€15,141 | -96.0% |
| Current assets | 29/58 | €41,521 | €49,837 | +€8,316 | +20.0% |
| Stocks and contracts in progress | 3 | €3,955 | €840 | -€3,115 | -78.8% |
| Stocks | 30/36 | €3,955 | €840 | -€3,115 | -78.8% |
| Amounts receivable within one year | 40/41 | €33,049 | €41,455 | +€8,406 | +25.4% |
| Trade receivables | 40 | €12,747 | €21,277 | +€8,530 | +66.9% |
| Other amounts receivable | 41 | €20,302 | €20,178 | -€124 | -0.6% |
| Cash at bank and in hand | 54/58 | €3,018 | €5,933 | +€2,916 | +96.6% |
| Deferred charges and accrued income | 490/1 | €1,499 | €1,609 | +€109 | +7.3% |
| Total equity and liabilities | 10/49 | €57,299 | €50,474 | -€6,825 | -11.9% |
| Equity | 10/15 | €30,263 | €36,983 | +€6,719 | +22.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,039 | €31,983 | +€4,943 | +18.3% |
| Distributable reserves | 133 | €27,039 | €31,983 | +€4,943 | +18.3% |
| Profit (loss) carried forward | 14 | -€1,776 | €0 | +€1,776 | |
| Amounts payable | 17/49 | €27,035 | €13,491 | -€13,544 | -50.1% |
| Amounts payable after more than one year | 17 | €666 | €0 | -€666 | -100.0% |
| Financial debts | 170/4 | €666 | €0 | -€666 | -100.0% |
| Amounts payable within one year | 42/48 | €26,370 | €13,491 | -€12,879 | -48.8% |
| Current portion of amounts payable after more than one year | 42 | €7,741 | €666 | -€7,076 | -91.4% |
| Trade debts | 44 | €6,666 | €10,139 | +€3,474 | +52.1% |
| Suppliers | 440/4 | €6,666 | €10,139 | +€3,474 | +52.1% |
| Taxes, remuneration and social security | 45 | €11,963 | €2,686 | -€9,277 | -77.5% |
| Taxes | 450/3 | €11,963 | €2,686 | -€9,277 | -77.5% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,311 | €751 | -€3,559 | -82.6% |
| Other operating charges | 640/8 | €1,486 | €994 | -€492 | -33.1% |
| Non-recurring operating charges | 66A | €3,399 | €390 | -€3,009 | -88.5% |
| Gross operating margin | 9900 | €8,961 | €13,780 | +€4,818 | +53.8% |
| Operating profit (loss) | 9901 | -€234 | €11,645 | +€11,879 | |
| Financial income | 75/76B | €1,144 | €929 | -€215 | -18.8% |
| Recurring financial income | 75 | €1,144 | €929 | -€215 | -18.8% |
| Financial charges | 65/66B | €2,629 | €3,224 | +€595 | +22.6% |
| Recurring financial charges | 65 | €2,629 | €3,224 | +€595 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,719 | €9,349 | +€11,068 | |
| Income taxes | 67/77 | €57 | €2,629 | +€2,573 | +4534.9% |
| Profit (loss) for the period | 9904 | -€1,776 | €6,719 | +€8,496 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,776 | €6,719 | +€8,496 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.