GERJO METAALCONSTRUCTIE: 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.
GERJO METAALCONSTRUCTIE
Largest movements
- Cash +€46,821
up €46,821 (+77.3%), from €60,565 to €107,385
mainly Net result for the year (+€51,557) and Other debts (+€50,417)
- Tangible fixed assets +€43,976
up €43,976 (+104%), from €42,425 to €86,401
of which Furniture and vehicles: +€45,937
- Receivables within one year +€26,805
up €26,805 (+11.8%), from €226,334 to €253,138
of which Trade receivables: +€26,886
- Stocks and contracts -€10,674
down €10,674 (-6.1%), from €173,944 to €163,270
of which Contracts in progress: -€6,414
- Other debts +€50,417
up €50,417 (+177%), from €28,538 to €78,955
- Tax, wage and social debts +€32,985
up €32,985 (+68.6%), from €48,090 to €81,076
of which Taxes: +€30,386
- Debts after one year +€22,956
new in 2025: €22,956
- Advances received -€10,000
no longer reported in 2025 (was €10,000)
- Trade debts +€8,691
up €8,691 (+24.4%), from €35,689 to €44,380
- Staff costs +€19,036
up €19,036 (+18.4%), from €103,194 to €122,231
- Write-downs -€17,015
no longer reported in 2025 (was €17,015)
- Gross operating margin +€13,589
up €13,589 (+6.9%), from €197,855 to €211,444
- Depreciation -€11,638
down €11,638 (-47.6%), from €24,433 to €12,796
- Taxes +€6,133
up €6,133 (+40.8%), from €15,029 to €21,162
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 | €510,046 | €617,453 | +€107,407 | +21.1% |
| Fixed assets | 21/28 | €42,425 | €86,401 | +€43,976 | +104% |
| Tangible fixed assets | 22/27 | €42,425 | €86,401 | +€43,976 | +104% |
| Plant, machinery and equipment | 23 | €19,601 | €17,640 | -€1,961 | -10.0% |
| Furniture and vehicles | 24 | €22,824 | €68,761 | +€45,937 | +201% |
| Current assets | 29/58 | €467,621 | €531,051 | +€63,431 | +13.6% |
| Stocks and contracts in progress | 3 | €173,944 | €163,270 | -€10,674 | -6.1% |
| Stocks | 30/36 | €95,324 | €91,064 | -€4,260 | -4.5% |
| Contracts in progress | 37 | €78,620 | €72,206 | -€6,414 | -8.2% |
| Amounts receivable within one year | 40/41 | €226,334 | €253,138 | +€26,805 | +11.8% |
| Trade receivables | 40 | €226,252 | €253,138 | +€26,886 | +11.9% |
| Other amounts receivable | 41 | €81 | - | -€81 | |
| Cash at bank and in hand | 54/58 | €60,565 | €107,385 | +€46,821 | +77.3% |
| Deferred charges and accrued income | 490/1 | €6,778 | €7,258 | +€479 | +7.1% |
| Total equity and liabilities | 10/49 | €510,046 | €617,453 | +€107,407 | +21.1% |
| Equity | 10/15 | €384,537 | €384,428 | -€109 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €365,937 | €365,828 | -€109 | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €364,077 | €363,968 | -€109 | 0.0% |
| Amounts payable | 17/49 | €125,509 | €233,025 | +€107,516 | +85.7% |
| Amounts payable after more than one year | 17 | - | €22,956 | +€22,956 | |
| Financial debts | 170/4 | - | €22,956 | +€22,956 | |
| Amounts payable within one year | 42/48 | €125,509 | €210,068 | +€84,560 | +67.4% |
| Current portion of amounts payable after more than one year | 42 | €3,192 | €5,657 | +€2,466 | +77.2% |
| Trade debts | 44 | €35,689 | €44,380 | +€8,691 | +24.4% |
| Suppliers | 440/4 | €35,689 | €44,380 | +€8,691 | +24.4% |
| Advances received on contracts in progress | 46 | €10,000 | - | -€10,000 | |
| Taxes, remuneration and social security | 45 | €48,090 | €81,076 | +€32,985 | +68.6% |
| Taxes | 450/3 | €34,239 | €64,625 | +€30,386 | +88.7% |
| Remuneration and social security | 454/9 | €13,852 | €16,451 | +€2,599 | +18.8% |
| Other amounts payable | 47/48 | €28,538 | €78,955 | +€50,417 | +177% |
| Remuneration, social security and pensions | 62 | €103,194 | €122,231 | +€19,036 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,433 | €12,796 | -€11,638 | -47.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,015 | - | -€17,015 | |
| Other operating charges | 640/8 | €1,838 | €957 | -€881 | -47.9% |
| Gross operating margin | 9900 | €197,855 | €211,444 | +€13,589 | +6.9% |
| Operating profit (loss) | 9901 | €51,375 | €75,460 | +€24,085 | +46.9% |
| Financial income | 75/76B | €363 | - | -€363 | |
| Recurring financial income | 75 | €363 | - | -€363 | |
| Financial charges | 65/66B | €1,163 | €2,742 | +€1,578 | +136% |
| Recurring financial charges | 65 | €1,163 | €2,742 | +€1,578 | +136% |
| Profit (loss) for the period before taxes | 9903 | €50,574 | €72,718 | +€22,144 | +43.8% |
| Income taxes | 67/77 | €15,029 | €21,162 | +€6,133 | +40.8% |
| Profit (loss) for the period | 9904 | €35,545 | €51,557 | +€16,012 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,545 | €51,557 | +€16,012 | +45.0% |
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 23 October 2026 via checked.be.