GERO CONSTRUCT: 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.
GERO CONSTRUCT
Largest movements
- Receivables within one year +€133,893
up €133,893 (+266.2%), from €50,293 to €184,187
of which Trade receivables: +€118,512
- Other debts +€121,563
new in 2024: €121,563
- Trade debts +€8,269
up €8,269 (+113.6%), from €7,280 to €15,549
- Tax, wage and social debts +€2,913
up €2,913 (+34.5%), from €8,442 to €11,355
- Purchases and services +€229,001
up €229,001 (+277.0%), from €82,665 to €311,666
- Turnover +€197,621
up €197,621 (+158.6%), from €124,641 to €322,262
- Gross operating margin -€28,707
down €28,707 (-67.6%), from €42,446 to €13,739
- Other operating charges +€7,561
new in 2024: €7,561
- Taxes -€5,529
down €5,529 (-65.5%), from €8,442 to €2,913
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,490 | €186,076 | +€134,587 | +261.4% |
| Current assets | 29/58 | €51,490 | €186,076 | +€134,587 | +261.4% |
| Amounts receivable within one year | 40/41 | €50,293 | €184,187 | +€133,893 | +266.2% |
| Trade receivables | 40 | €31,815 | €150,327 | +€118,512 | +372.5% |
| Other amounts receivable | 41 | €18,478 | €33,860 | +€15,382 | +83.2% |
| Cash at bank and in hand | 54/58 | €1,197 | €1,890 | +€693 | +57.9% |
| Total equity and liabilities | 10/49 | €51,490 | €186,076 | +€134,587 | +261.4% |
| Equity | 10/15 | €35,768 | €37,609 | +€1,841 | +5.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,768 | €35,609 | +€1,841 | +5.5% |
| Amounts payable | 17/49 | €15,722 | €148,467 | +€132,745 | +844.3% |
| Amounts payable within one year | 42/48 | €15,722 | €148,467 | +€132,745 | +844.3% |
| Trade debts | 44 | €7,280 | €15,549 | +€8,269 | +113.6% |
| Suppliers | 440/4 | €7,280 | €15,549 | +€8,269 | +113.6% |
| Taxes, remuneration and social security | 45 | €8,442 | €11,355 | +€2,913 | +34.5% |
| Taxes | 450/3 | €8,442 | €11,355 | +€2,913 | +34.5% |
| Other amounts payable | 47/48 | - | €121,563 | +€121,563 | |
| Turnover | 70 | €124,641 | €322,262 | +€197,621 | +158.6% |
| Non-recurring operating income | 76A | €469 | €3,143 | +€2,674 | +569.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €82,665 | €311,666 | +€229,001 | +277.0% |
| Remuneration, social security and pensions | 62 | €164 | €185 | +€21 | +12.8% |
| Other operating charges | 640/8 | - | €7,561 | +€7,561 | |
| Gross operating margin | 9900 | €42,446 | €13,739 | -€28,707 | -67.6% |
| Operating profit (loss) | 9901 | €42,282 | €5,993 | -€36,289 | -85.8% |
| Financial charges | 65/66B | €72 | €1,238 | +€1,166 | +1622.0% |
| Recurring financial charges | 65 | €72 | €1,238 | +€1,166 | +1622.0% |
| Profit (loss) for the period before taxes | 9903 | €42,210 | €4,755 | -€37,455 | -88.7% |
| Income taxes | 67/77 | €8,442 | €2,913 | -€5,529 | -65.5% |
| Profit (loss) for the period | 9904 | €33,768 | €1,841 | -€31,927 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,768 | €1,841 | -€31,927 | -94.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.