GERMIST SERVICES: 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.
GERMIST SERVICES
Largest movements
- Tangible fixed assets -€264,316
down €264,316 (-33.4%), from €791,410 to €527,094
of which Land and buildings: -€260,331
- Cash +€56,829
up €56,829 (+1391.0%), from €4,085 to €60,915
mainly Investment in fixed assets (net) (+€229,865) and Net result for the year (+€134,174)
- Other debts -€231,710
down €231,710 (-69.5%), from €333,565 to €101,855
- Profit (loss) carried forward +€134,174
up €134,174, from -€81,972 to €52,201
- Debts after one year -€130,250
down €130,250 (-26.6%), from €489,658 to €359,408
- Tax, wage and social debts +€22,837
up €22,837 (+2947.7%), from €775 to €23,611
- Gross operating margin +€150,247
up €150,247 (+278.5%), from €53,941 to €204,189
- Taxes +€22,076
new in 2025: €22,076
- Depreciation -€20,201
down €20,201 (-37.0%), from €54,652 to €34,451
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 | €802,241 | €590,403 | -€211,838 | -26.4% |
| Fixed assets | 21/28 | €791,410 | €527,094 | -€264,316 | -33.4% |
| Tangible fixed assets | 22/27 | €791,410 | €527,094 | -€264,316 | -33.4% |
| Land and buildings | 22 | €764,439 | €504,107 | -€260,331 | -34.1% |
| Plant, machinery and equipment | 23 | €26,915 | €22,987 | -€3,928 | -14.6% |
| Furniture and vehicles | 24 | €56 | €0 | -€56 | -100.0% |
| Current assets | 29/58 | €10,831 | €63,308 | +€52,477 | +484.5% |
| Amounts receivable within one year | 40/41 | €3,786 | €2,394 | -€1,392 | -36.8% |
| Trade receivables | 40 | €3,163 | €1,915 | -€1,248 | -39.5% |
| Other amounts receivable | 41 | €623 | €479 | -€144 | -23.2% |
| Cash at bank and in hand | 54/58 | €4,085 | €60,915 | +€56,829 | +1391.0% |
| Deferred charges and accrued income | 490/1 | €2,960 | - | -€2,960 | |
| Total equity and liabilities | 10/49 | €802,241 | €590,403 | -€211,838 | -26.4% |
| Equity | 10/15 | -€75,772 | €58,401 | +€134,174 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,972 | €52,201 | +€134,174 | |
| Amounts payable | 17/49 | €878,013 | €532,001 | -€346,012 | -39.4% |
| Amounts payable after more than one year | 17 | €489,658 | €359,408 | -€130,250 | -26.6% |
| Financial debts | 170/4 | €489,658 | €359,408 | -€130,250 | -26.6% |
| Amounts payable within one year | 42/48 | €388,356 | €171,773 | -€216,582 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | €48,536 | €40,956 | -€7,579 | -15.6% |
| Trade debts | 44 | €5,480 | €5,350 | -€130 | -2.4% |
| Suppliers | 440/4 | €5,480 | €5,350 | -€130 | -2.4% |
| Taxes, remuneration and social security | 45 | €775 | €23,611 | +€22,837 | +2947.7% |
| Taxes | 450/3 | €775 | €23,611 | +€22,837 | +2947.7% |
| Other amounts payable | 47/48 | €333,565 | €101,855 | -€231,710 | -69.5% |
| Accrued charges and deferred income | 492/3 | - | €821 | +€821 | |
| Non-recurring operating income | 76A | - | €182,135 | +€182,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,652 | €34,451 | -€20,201 | -37.0% |
| Other operating charges | 640/8 | €3,982 | €3,679 | -€304 | -7.6% |
| Gross operating margin | 9900 | €53,941 | €204,189 | +€150,247 | +278.5% |
| Operating profit (loss) | 9901 | -€4,693 | €166,059 | +€170,752 | |
| Financial charges | 65/66B | €9,521 | €9,810 | +€289 | +3.0% |
| Recurring financial charges | 65 | €9,521 | €9,810 | +€289 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,214 | €156,249 | +€170,464 | |
| Income taxes | 67/77 | - | €22,076 | +€22,076 | |
| Profit (loss) for the period | 9904 | -€14,214 | €134,174 | +€148,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,214 | €134,174 | +€148,388 |
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 7 October 2026 via checked.be.