GERLIMMO: 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.
GERLIMMO
Largest movements
- Tangible fixed assets +€372,479
up €372,479 (+172.9%), from €215,378 to €587,857
- Receivables within one year -€76,680
down €76,680 (-31.0%), from €247,549 to €170,869
of which Other amounts receivable: -€112,102
- Cash -€49,134
down €49,134 (-52.8%), from €93,019 to €43,885
mainly Investment in fixed assets (net) (-€375,000) and Net result for the year (-€50,492)
- Debts after one year +€279,581
up €279,581 (+696.9%), from €40,118 to €319,699
- Reserves -€70,492
down €70,492 (-23.4%), from €301,634 to €231,141
of which Distributable reserves: -€70,482
- Trade debts +€31,542
new in 2025: €31,542
- Tax, wage and social debts -€11,910
down €11,910 (-29.0%), from €41,000 to €29,090
- Current portion of long-term debt +€11,368
up €11,368 (+125.6%), from €9,051 to €20,419
- Taxes -€41,910
down €41,910 (-99.8%), from €42,000 to €90
- Other operating charges +€41,577
up €41,577 (+1889.9%), from €2,200 to €43,777
- Gross operating margin -€13,370
down €13,370, from €10,247 to -€3,123
- Financial income +€331
up €331 (+529.0%), from €63 to €393
- Financial charges -€180
down €180 (-11.5%), from €1,558 to €1,378
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 | €556,631 | €803,663 | +€247,032 | +44.4% |
| Fixed assets | 21/28 | €215,378 | €587,857 | +€372,479 | +172.9% |
| Tangible fixed assets | 22/27 | €215,378 | €587,857 | +€372,479 | +172.9% |
| Land and buildings | 22 | €215,378 | €587,857 | +€372,479 | +172.9% |
| Current assets | 29/58 | €341,253 | €215,806 | -€125,448 | -36.8% |
| Amounts receivable within one year | 40/41 | €247,549 | €170,869 | -€76,680 | -31.0% |
| Trade receivables | 40 | €61,382 | €96,804 | +€35,422 | +57.7% |
| Other amounts receivable | 41 | €186,167 | €74,065 | -€112,102 | -60.2% |
| Cash at bank and in hand | 54/58 | €93,019 | €43,885 | -€49,134 | -52.8% |
| Deferred charges and accrued income | 490/1 | €685 | €1,052 | +€367 | +53.5% |
| Total equity and liabilities | 10/49 | €556,631 | €803,663 | +€247,032 | +44.4% |
| Equity | 10/15 | €443,783 | €373,291 | -€70,492 | -15.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €80,649 | €80,649 | = | 0.0% |
| Reserves | 13 | €301,634 | €231,141 | -€70,492 | -23.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €62,509 | €62,499 | -€10 | 0.0% |
| Distributable reserves | 133 | €232,974 | €162,493 | -€70,482 | -30.3% |
| Provisions and deferred taxes | 16 | €20,836 | €20,833 | -€3 | 0.0% |
| Deferred taxes | 168 | €20,836 | €20,833 | -€3 | 0.0% |
| Amounts payable | 17/49 | €92,011 | €409,539 | +€317,527 | +345.1% |
| Amounts payable after more than one year | 17 | €40,118 | €319,699 | +€279,581 | +696.9% |
| Financial debts | 170/4 | €40,118 | €319,699 | +€279,581 | +696.9% |
| Amounts payable within one year | 42/48 | €51,894 | €89,840 | +€37,946 | +73.1% |
| Current portion of amounts payable after more than one year | 42 | €9,051 | €20,419 | +€11,368 | +125.6% |
| Trade debts | 44 | - | €31,542 | +€31,542 | |
| Suppliers | 440/4 | - | €31,542 | +€31,542 | |
| Taxes, remuneration and social security | 45 | €41,000 | €29,090 | -€11,910 | -29.0% |
| Taxes | 450/3 | €41,000 | €29,090 | -€11,910 | -29.0% |
| Other amounts payable | 47/48 | €1,843 | €8,789 | +€6,946 | +376.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,483 | €2,521 | +€37 | +1.5% |
| Other operating charges | 640/8 | €2,200 | €43,777 | +€41,577 | +1889.9% |
| Gross operating margin | 9900 | €10,247 | -€3,123 | -€13,370 | |
| Operating profit (loss) | 9901 | €5,564 | -€49,421 | -€54,984 | |
| Financial income | 75/76B | €63 | €393 | +€331 | +529.0% |
| Recurring financial income | 75 | €63 | €393 | +€331 | +529.0% |
| Financial charges | 65/66B | €1,558 | €1,378 | -€180 | -11.5% |
| Recurring financial charges | 65 | €1,558 | €1,378 | -€180 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €4,068 | -€50,406 | -€54,474 | |
| Transfer from deferred taxes | 780 | €45,594 | €3 | -€45,591 | -100.0% |
| Income taxes | 67/77 | €42,000 | €90 | -€41,910 | -99.8% |
| Profit (loss) for the period | 9904 | €7,662 | -€50,492 | -€58,155 | |
| Transfer from tax-exempt reserves | 789 | €111,627 | €10 | -€111,616 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €119,289 | -€50,482 | -€169,771 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.