GERO SERVICES: what changed
What changed
GERO SERVICES
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€25,820
2024 · €14,612+€11,207
Equity
€103,017
2024 · €77,198+€25,820
Cash
€44,010
2024 · €25,163+€18,846
Balance sheet total
€123,676
2024 · €103,960+€19,716
Largest movements
Assets
- Cash +€18,846
up €18,846 (+74.9%), from €25,163 to €44,010
mainly Net result for the year (+€25,820) and Depreciation (+€14,928)
- Receivables within one year +€16,069
up €16,069 (+107%), from €15,054 to €31,122
of which Trade receivables: +€16,365
- Tangible fixed assets -€14,928
down €14,928 (-28.1%), from €53,067 to €38,139
of which Furniture and vehicles: -€9,167
Equity and liabilities
- Reserves +€25,820
up €25,820 (+44.1%), from €58,598 to €84,417
- Debts after one year -€7,052
down €7,052 (-56.5%), from €12,482 to €5,429
Income statement
- Gross operating margin +€43,715
up €43,715 (+84.6%), from €51,654 to €95,369
- Staff costs +€28,349
up €28,349 (+198%), from €14,347 to €42,696
- Taxes +€4,568
up €4,568 (+79.7%), from €5,735 to €10,303
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€14,612
Gross operating margin
+€43,715
Staff costs
-€28,349
Depreciation
+€804
Other operating charges
-€210
Financial income
+€36
Financial charges
-€221
Taxes
-€4,568
Result 2025
€25,820
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€25,691
Investment
€0
Financing
-€6,845
Cash 2024
€25,163
From operations (derived)
+€25,691
Net result for the year
+€25,820
Depreciation
+€14,928
Stocks and contracts
+€1,002
Receivables within one year
-€16,069
Deferred charges and accrued income
-€731
Trade debts
-€299
Tax, wage and social debts
+€995
Other debts
+€45
Financing
-€6,845
Debts after one year
-€7,052
Current portion of long-term debt
+€208
Cash 2025
€44,010
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,960 | €123,676 | +€19,716 | +19.0% |
| Fixed assets | 21/28 | €53,119 | €38,190 | -€14,928 | -28.1% |
| Tangible fixed assets | 22/27 | €53,067 | €38,139 | -€14,928 | -28.1% |
| Land and buildings | 22 | €9,522 | €8,222 | -€1,301 | -13.7% |
| Plant, machinery and equipment | 23 | €9,593 | €5,133 | -€4,460 | -46.5% |
| Furniture and vehicles | 24 | €33,952 | €24,785 | -€9,167 | -27.0% |
| Financial fixed assets | 28 | €51 | €51 | = | 0.0% |
| Current assets | 29/58 | €50,841 | €85,485 | +€34,644 | +68.1% |
| Stocks and contracts in progress | 3 | €6,853 | €5,851 | -€1,002 | -14.6% |
| Stocks | 30/36 | €6,853 | €5,851 | -€1,002 | -14.6% |
| Amounts receivable within one year | 40/41 | €15,054 | €31,122 | +€16,069 | +107% |
| Trade receivables | 40 | €14,757 | €31,122 | +€16,365 | +111% |
| Other amounts receivable | 41 | €296 | - | -€296 | |
| Cash at bank and in hand | 54/58 | €25,163 | €44,010 | +€18,846 | +74.9% |
| Deferred charges and accrued income | 490/1 | €3,772 | €4,502 | +€731 | +19.4% |
| Total equity and liabilities | 10/49 | €103,960 | €123,676 | +€19,716 | +19.0% |
| Equity | 10/15 | €77,198 | €103,017 | +€25,820 | +33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,598 | €84,417 | +€25,820 | +44.1% |
| Distributable reserves | 133 | €58,598 | €84,417 | +€25,820 | +44.1% |
| Amounts payable | 17/49 | €26,762 | €20,659 | -€6,104 | -22.8% |
| Amounts payable after more than one year | 17 | €12,482 | €5,429 | -€7,052 | -56.5% |
| Financial debts | 170/4 | €12,482 | €5,429 | -€7,052 | -56.5% |
| Amounts payable within one year | 42/48 | €14,281 | €15,229 | +€949 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €6,845 | €7,052 | +€208 | +3.0% |
| Trade debts | 44 | €670 | €371 | -€299 | -44.6% |
| Suppliers | 440/4 | €670 | €371 | -€299 | -44.6% |
| Taxes, remuneration and social security | 45 | €6,550 | €7,544 | +€995 | +15.2% |
| Taxes | 450/3 | €4,083 | €5,180 | +€1,097 | +26.9% |
| Remuneration and social security | 454/9 | €2,467 | €2,364 | -€103 | -4.2% |
| Other amounts payable | 47/48 | €216 | €261 | +€45 | +21.0% |
| Remuneration, social security and pensions | 62 | €14,347 | €42,696 | +€28,349 | +198% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,733 | €14,928 | -€804 | -5.1% |
| Other operating charges | 640/8 | €589 | €799 | +€210 | +35.6% |
| Gross operating margin | 9900 | €51,654 | €95,369 | +€43,715 | +84.6% |
| Operating profit (loss) | 9901 | €20,985 | €36,946 | +€15,961 | +76.1% |
| Financial income | 75/76B | €174 | €211 | +€36 | +20.6% |
| Recurring financial income | 75 | €174 | €211 | +€36 | +20.6% |
| Financial charges | 65/66B | €812 | €1,033 | +€221 | +27.3% |
| Recurring financial charges | 65 | €812 | €1,033 | +€221 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €20,347 | €36,123 | +€15,775 | +77.5% |
| Income taxes | 67/77 | €5,735 | €10,303 | +€4,568 | +79.7% |
| Profit (loss) for the period | 9904 | €14,612 | €25,820 | +€11,207 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,612 | €25,820 | +€11,207 | +76.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.