Gernoot: 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.
Gernoot
Largest movements
- Cash +€46,030
up €46,030 (+365.0%), from €12,611 to €58,642
mainly Net result for the year (+€33,347) and Trade debts (+€8,543)
- Receivables within one year -€7,048
down €7,048 (-23.3%), from €30,309 to €23,261
- Tangible fixed assets +€4,236
new in 2025: €4,236
- Reserves +€33,347
up €33,347 (+105.3%), from €31,680 to €65,027
- Trade debts +€8,543
up €8,543 (+1970.4%), from €434 to €8,977
- Tax, wage and social debts +€1,650
up €1,650 (+19.6%), from €8,404 to €10,054
of which Remuneration and social security: +€1,000
- Gross operating margin +€2,332
up €2,332 (+5.9%), from €39,783 to €42,115
- Financial income +€1,260
up €1,260 (+291.0%), from €433 to €1,693
- Other operating charges +€918
up €918 (+695.3%), from €132 to €1,050
- Taxes +€650
up €650 (+7.7%), from €8,404 to €9,054
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 | €43,517 | €87,058 | +€43,540 | +100.1% |
| Fixed assets | 21/28 | - | €4,236 | +€4,236 | |
| Tangible fixed assets | 22/27 | - | €4,236 | +€4,236 | |
| Furniture and vehicles | 24 | - | €4,236 | +€4,236 | |
| Current assets | 29/58 | €43,517 | €82,822 | +€39,304 | +90.3% |
| Amounts receivable within one year | 40/41 | €30,309 | €23,261 | -€7,048 | -23.3% |
| Other amounts receivable | 41 | €30,309 | €23,261 | -€7,048 | -23.3% |
| Cash at bank and in hand | 54/58 | €12,611 | €58,642 | +€46,030 | +365.0% |
| Deferred charges and accrued income | 490/1 | €597 | €919 | +€322 | +53.9% |
| Total equity and liabilities | 10/49 | €43,517 | €87,058 | +€43,540 | +100.1% |
| Equity | 10/15 | €34,680 | €68,027 | +€33,347 | +96.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €31,680 | €65,027 | +€33,347 | +105.3% |
| Distributable reserves | 133 | €31,680 | €65,027 | +€33,347 | +105.3% |
| Amounts payable | 17/49 | €8,837 | €19,030 | +€10,193 | +115.3% |
| Amounts payable within one year | 42/48 | €8,837 | €19,030 | +€10,193 | +115.3% |
| Trade debts | 44 | €434 | €8,977 | +€8,543 | +1970.4% |
| Suppliers | 440/4 | €434 | €8,977 | +€8,543 | +1970.4% |
| Taxes, remuneration and social security | 45 | €8,404 | €10,054 | +€1,650 | +19.6% |
| Taxes | 450/3 | €8,404 | €9,054 | +€650 | +7.7% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €233 | +€233 | |
| Other operating charges | 640/8 | €132 | €1,050 | +€918 | +695.3% |
| Gross operating margin | 9900 | €39,783 | €42,115 | +€2,332 | +5.9% |
| Operating profit (loss) | 9901 | €39,651 | €40,832 | +€1,181 | +3.0% |
| Financial income | 75/76B | €433 | €1,693 | +€1,260 | +291.0% |
| Recurring financial income | 75 | €433 | €1,693 | +€1,260 | +291.0% |
| Financial charges | 65/66B | €0 | €124 | +€124 | +56218.2% |
| Recurring financial charges | 65 | €0 | €124 | +€124 | +56218.2% |
| Profit (loss) for the period before taxes | 9903 | €40,084 | €42,401 | +€2,317 | +5.8% |
| Income taxes | 67/77 | €8,404 | €9,054 | +€650 | +7.7% |
| Profit (loss) for the period | 9904 | €31,680 | €33,347 | +€1,667 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,680 | €33,347 | +€1,667 | +5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.