GERJO: 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.
GERJO
Largest movements
- Receivables within one year +€16,291
up €16,291 (+19.7%), from €82,805 to €99,096
of which Other amounts receivable: +€18,781
- Cash -€13,723
down €13,723 (-16.9%), from €81,281 to €67,558
- Tangible fixed assets +€3,312
up €3,312 (+112.1%), from €2,954 to €6,266
of which Plant, machinery and equipment: +€3,049
- Tax, wage and social debts +€4,817
up €4,817 (+267.0%), from €1,804 to €6,622
- Depreciation -€7,153
down €7,153 (-72.7%), from €9,835 to €2,682
- Other operating charges +€4,178
up €4,178 (+520.0%), from €804 to €4,982
- Taxes +€3,373
up €3,373 (+53.4%), from -€6,318 to -€2,945
- Gross operating margin +€1,203
up €1,203 (+102.0%), from €1,179 to €2,381
- Financial income +€933
up €933 (+79028.8%), from €1 to €934
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,039 | €172,919 | +€5,880 | +3.5% |
| Fixed assets | 21/28 | €2,954 | €6,266 | +€3,312 | +112.1% |
| Tangible fixed assets | 22/27 | €2,954 | €6,266 | +€3,312 | +112.1% |
| Land and buildings | 22 | €1,382 | €1,647 | +€265 | +19.2% |
| Plant, machinery and equipment | 23 | €1,570 | €4,619 | +€3,049 | +194.1% |
| Furniture and vehicles | 24 | €1 | - | -€1 | |
| Current assets | 29/58 | €164,086 | €166,653 | +€2,568 | +1.6% |
| Amounts receivable within one year | 40/41 | €82,805 | €99,096 | +€16,291 | +19.7% |
| Trade receivables | 40 | €27,488 | €24,999 | -€2,490 | -9.1% |
| Other amounts receivable | 41 | €55,316 | €74,097 | +€18,781 | +34.0% |
| Cash at bank and in hand | 54/58 | €81,281 | €67,558 | -€13,723 | -16.9% |
| Total equity and liabilities | 10/49 | €167,039 | €172,919 | +€5,880 | +3.5% |
| Equity | 10/15 | €151,579 | €152,642 | +€1,063 | +0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Share premium | 1100/10 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €132,987 | €134,050 | +€1,063 | +0.8% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €9,270 | €9,270 | = | 0.0% |
| Distributable reserves | 133 | €121,858 | €124,781 | +€2,923 | +2.4% |
| Amounts payable | 17/49 | €15,460 | €20,277 | +€4,817 | +31.2% |
| Amounts payable within one year | 42/48 | €15,460 | €20,277 | +€4,817 | +31.2% |
| Financial debts | 43 | €1,000 | €1,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,000 | €1,000 | = | 0.0% |
| Trade debts | 44 | €12,656 | €12,655 | -€1 | 0.0% |
| Suppliers | 440/4 | €12,656 | €12,655 | -€1 | 0.0% |
| Taxes, remuneration and social security | 45 | €1,804 | €6,622 | +€4,817 | +267.0% |
| Taxes | 450/3 | €1,804 | €6,622 | +€4,817 | +267.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,835 | €2,682 | -€7,153 | -72.7% |
| Other operating charges | 640/8 | €804 | €4,982 | +€4,178 | +520.0% |
| Gross operating margin | 9900 | €1,179 | €2,381 | +€1,203 | +102.0% |
| Operating profit (loss) | 9901 | -€9,460 | -€5,283 | +€4,177 | +44.2% |
| Financial income | 75/76B | €1 | €934 | +€933 | +79028.8% |
| Recurring financial income | 75 | €1 | €934 | +€933 | +79028.8% |
| Financial charges | 65/66B | €520 | €467 | -€53 | -10.2% |
| Recurring financial charges | 65 | €520 | €467 | -€53 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,978 | -€4,816 | +€5,163 | +51.7% |
| Income taxes | 67/77 | -€6,318 | -€2,945 | +€3,373 | +53.4% |
| Profit (loss) for the period | 9904 | -€3,660 | -€1,871 | +€1,789 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,660 | -€1,871 | +€1,789 | +48.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.