GERMYS PRODUCTION: 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.
GERMYS PRODUCTION
Largest movements
- Receivables within one year +€9,060
up €9,060 (+91.8%), from €9,868 to €18,928
of which Trade receivables: +€8,837
- Cash -€2,728
down €2,728 (-16.1%), from €16,907 to €14,179
mainly Other debts (-€12,545) and Receivables within one year (-€9,060)
- Profit (loss) carried forward +€22,855
up €22,855 (+57.9%), from -€39,448 to -€16,593
- Other debts -€12,545
down €12,545 (-23.6%), from €53,059 to €40,514
- Current portion of long-term debt -€4,114
no longer reported in 2025 (was €4,114)
- Tax, wage and social debts -€883
down €883 (-78.7%), from €1,122 to €239
- Trade debts +€855
up €855 (+22.1%), from €3,862 to €4,717
- Gross operating margin +€28,995
up €28,995, from -€3,361 to €25,635
- Depreciation -€5,467
down €5,467 (-75.7%), from €7,221 to €1,754
- Other operating charges -€2,359
down €2,359 (-84.5%), from €2,792 to €432
- Taxes +€280
up €280 (+284%), from €99 to €379
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 | €29,251 | €35,420 | +€6,169 | +21.1% |
| Fixed assets | 21/28 | €2,477 | €2,313 | -€164 | -6.6% |
| Tangible fixed assets | 22/27 | €2,477 | €2,313 | -€164 | -6.6% |
| Furniture and vehicles | 24 | €1,829 | €485 | -€1,344 | -73.5% |
| Other tangible fixed assets | 26 | €647 | €1,827 | +€1,180 | +182% |
| Current assets | 29/58 | €26,774 | €33,107 | +€6,332 | +23.7% |
| Amounts receivable within one year | 40/41 | €9,868 | €18,928 | +€9,060 | +91.8% |
| Trade receivables | 40 | €9,868 | €18,704 | +€8,837 | +89.6% |
| Other amounts receivable | 41 | - | €223 | +€223 | |
| Cash at bank and in hand | 54/58 | €16,907 | €14,179 | -€2,728 | -16.1% |
| Total equity and liabilities | 10/49 | €29,251 | €35,420 | +€6,169 | +21.1% |
| Equity | 10/15 | -€32,906 | -€10,051 | +€22,855 | +69.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €342 | €342 | = | 0.0% |
| Non-distributable reserves | 130/1 | €342 | €342 | = | 0.0% |
| Reserves not available under the articles | 1311 | €342 | €342 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,448 | -€16,593 | +€22,855 | +57.9% |
| Amounts payable | 17/49 | €62,157 | €45,471 | -€16,687 | -26.8% |
| Amounts payable within one year | 42/48 | €62,157 | €45,471 | -€16,687 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €4,114 | - | -€4,114 | |
| Trade debts | 44 | €3,862 | €4,717 | +€855 | +22.1% |
| Suppliers | 440/4 | €3,862 | €4,717 | +€855 | +22.1% |
| Taxes, remuneration and social security | 45 | €1,122 | €239 | -€883 | -78.7% |
| Taxes | 450/3 | €1,122 | €239 | -€883 | -78.7% |
| Other amounts payable | 47/48 | €53,059 | €40,514 | -€12,545 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,221 | €1,754 | -€5,467 | -75.7% |
| Other operating charges | 640/8 | €2,792 | €432 | -€2,359 | -84.5% |
| Gross operating margin | 9900 | -€3,361 | €25,635 | +€28,995 | |
| Operating profit (loss) | 9901 | -€13,374 | €23,449 | +€36,822 | |
| Financial charges | 65/66B | €244 | €215 | -€29 | -12.0% |
| Recurring financial charges | 65 | €244 | €215 | -€29 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,617 | €23,234 | +€36,851 | |
| Income taxes | 67/77 | €99 | €379 | +€280 | +284% |
| Profit (loss) for the period | 9904 | -€13,716 | €22,855 | +€36,571 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,716 | €22,855 | +€36,571 |
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 22 October 2026 via checked.be.