geroFarma: 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.
geroFarma
Largest movements
- Receivables within one year +€59,587
up €59,587 (+79.8%), from €74,703 to €134,290
of which Other amounts receivable: +€46,659
- Cash +€31,130
up €31,130 (+283.8%), from €10,969 to €42,099
mainly Net result for the year (+€107,225) and Tax, wage and social debts (+€30,128)
- Reserves +€107,225
up €107,225 (+80.9%), from €132,474 to €239,699
- Debts after one year -€50,850
down €50,850 (-6.8%), from €751,650 to €700,800
- Tax, wage and social debts +€30,128
up €30,128 (+167.2%), from €18,023 to €48,151
of which Taxes: +€30,128
- Other debts -€14,692
down €14,692 (-98.1%), from €14,976 to €284
- Gross operating margin +€79,713
up €79,713 (+75.6%), from €105,483 to €185,196
- Taxes +€26,259
up €26,259 (+102.5%), from €25,614 to €51,873
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 | €974,039 | €1,053,168 | +€79,129 | +8.1% |
| Fixed assets | 21/28 | €885,287 | €876,187 | -€9,100 | -1.0% |
| Tangible fixed assets | 22/27 | €39,449 | €30,349 | -€9,100 | -23.1% |
| Furniture and vehicles | 24 | €39,449 | €30,349 | -€9,100 | -23.1% |
| Financial fixed assets | 28 | €845,838 | €845,838 | = | 0.0% |
| Current assets | 29/58 | €88,752 | €176,981 | +€88,229 | +99.4% |
| Amounts receivable within one year | 40/41 | €74,703 | €134,290 | +€59,587 | +79.8% |
| Trade receivables | 40 | €0 | €12,929 | +€12,929 | |
| Other amounts receivable | 41 | €74,703 | €121,361 | +€46,659 | +62.5% |
| Cash at bank and in hand | 54/58 | €10,969 | €42,099 | +€31,130 | +283.8% |
| Deferred charges and accrued income | 490/1 | €3,080 | €592 | -€2,488 | -80.8% |
| Total equity and liabilities | 10/49 | €974,039 | €1,053,168 | +€79,129 | +8.1% |
| Equity | 10/15 | €133,474 | €240,699 | +€107,225 | +80.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €132,474 | €239,699 | +€107,225 | +80.9% |
| Distributable reserves | 133 | €132,474 | €239,699 | +€107,225 | +80.9% |
| Amounts payable | 17/49 | €840,565 | €812,469 | -€28,096 | -3.3% |
| Amounts payable after more than one year | 17 | €751,650 | €700,800 | -€50,850 | -6.8% |
| Financial debts | 170/4 | €751,650 | €700,800 | -€50,850 | -6.8% |
| Amounts payable within one year | 42/48 | €83,849 | €99,285 | +€15,436 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €50,850 | €50,850 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €18,023 | €48,151 | +€30,128 | +167.2% |
| Taxes | 450/3 | €16,773 | €46,901 | +€30,128 | +179.6% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €14,976 | €284 | -€14,692 | -98.1% |
| Accrued charges and deferred income | 492/3 | €5,066 | €12,384 | +€7,318 | +144.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,615 | €9,702 | +€1,088 | +12.6% |
| Other operating charges | 640/8 | €749 | €1,513 | +€765 | +102.1% |
| Gross operating margin | 9900 | €105,483 | €185,196 | +€79,713 | +75.6% |
| Operating profit (loss) | 9901 | €96,119 | €173,980 | +€77,861 | +81.0% |
| Financial income | 75/76B | €2,955 | €4,006 | +€1,052 | +35.6% |
| Recurring financial income | 75 | €2,955 | €4,006 | +€1,052 | +35.6% |
| Financial charges | 65/66B | €19,431 | €18,889 | -€543 | -2.8% |
| Recurring financial charges | 65 | €19,431 | €18,889 | -€543 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €79,643 | €159,098 | +€79,455 | +99.8% |
| Income taxes | 67/77 | €25,614 | €51,873 | +€26,259 | +102.5% |
| Profit (loss) for the period | 9904 | €54,029 | €107,225 | +€53,196 | +98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,029 | €107,225 | +€53,196 | +98.5% |
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.