GEROMI: 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.
GEROMI
Largest movements
- Receivables after one year -€16,732
down €16,732 (-10.4%), from €161,641 to €144,909
- Tangible fixed assets -€11,210
down €11,210 (-14.1%), from €79,243 to €68,033
of which Plant, machinery and equipment: -€17,965
- Receivables within one year +€9,932
up €9,932 (+35.0%), from €28,407 to €38,339
of which Trade receivables: +€5,958
- Debts after one year +€20,723
up €20,723 (+85.7%), from €24,190 to €44,913
- Current portion of long-term debt -€15,721
down €15,721 (-69.2%), from €22,733 to €7,012
- Profit (loss) carried forward -€10,852
down €10,852 (-5.3%), from €203,399 to €192,547
- Trade debts -€9,490
down €9,490 (-51.7%), from €18,362 to €8,872
- Gross operating margin +€10,890
up €10,890 (+129.3%), from €8,424 to €19,313
- Depreciation -€4,602
down €4,602 (-15.0%), from €30,739 to €26,137
- Financial charges +€1,721
up €1,721 (+45.8%), from €3,754 to €5,475
of which Non-recurring financial charges: +€1,129
- Financial income -€1,007
down €1,007 (-31.6%), from €3,184 to €2,177
of which Financial income: -€1,550
- Taxes +€202
up €202 (+12.8%), from -€1,576 to -€1,374
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 | €316,238 | €301,583 | -€14,655 | -4.6% |
| Fixed assets | 21/28 | €112,862 | €101,652 | -€11,210 | -9.9% |
| Intangible fixed assets | 21 | €30,000 | €30,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €79,243 | €68,033 | -€11,210 | -14.1% |
| Land and buildings | 22 | €29,680 | €27,595 | -€2,086 | -7.0% |
| Plant, machinery and equipment | 23 | €48,354 | €30,389 | -€17,965 | -37.2% |
| Furniture and vehicles | 24 | €1,209 | €10,049 | +€8,840 | +731.3% |
| Financial fixed assets | 28 | €3,618 | €3,618 | = | 0.0% |
| Current assets | 29/58 | €203,376 | €199,931 | -€3,445 | -1.7% |
| Amounts receivable after more than one year | 29 | €161,641 | €144,909 | -€16,732 | -10.4% |
| Other amounts receivable | 291 | €161,641 | €144,909 | -€16,732 | -10.4% |
| Stocks and contracts in progress | 3 | €1,245 | €1,245 | = | 0.0% |
| Stocks | 30/36 | €1,245 | €1,245 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,407 | €38,339 | +€9,932 | +35.0% |
| Trade receivables | 40 | €24,911 | €30,869 | +€5,958 | +23.9% |
| Other amounts receivable | 41 | €3,496 | €7,470 | +€3,974 | +113.7% |
| Cash at bank and in hand | 54/58 | €7,172 | €8,302 | +€1,130 | +15.8% |
| Deferred charges and accrued income | 490/1 | €4,912 | €7,137 | +€2,225 | +45.3% |
| Total equity and liabilities | 10/49 | €316,238 | €301,583 | -€14,655 | -4.6% |
| Equity | 10/15 | €233,400 | €222,548 | -€10,852 | -4.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €10,001 | €10,001 | = | 0.0% |
| Distributable reserves | 133 | €10,001 | €10,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,399 | €192,547 | -€10,852 | -5.3% |
| Amounts payable | 17/49 | €82,838 | €79,035 | -€3,803 | -4.6% |
| Amounts payable after more than one year | 17 | €24,190 | €44,913 | +€20,723 | +85.7% |
| Financial debts | 170/4 | €24,190 | €44,913 | +€20,723 | +85.7% |
| Amounts payable within one year | 42/48 | €58,648 | €34,122 | -€24,526 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €22,733 | €7,012 | -€15,721 | -69.2% |
| Financial debts | 43 | €17,253 | €18,238 | +€985 | +5.7% |
| Credit institutions | 430/8 | €17,253 | €18,238 | +€985 | +5.7% |
| Trade debts | 44 | €18,362 | €8,872 | -€9,490 | -51.7% |
| Suppliers | 440/4 | €18,362 | €8,872 | -€9,490 | -51.7% |
| Taxes, remuneration and social security | 45 | €300 | - | -€300 | |
| Taxes | 450/3 | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,739 | €26,137 | -€4,602 | -15.0% |
| Other operating charges | 640/8 | €2,302 | €2,104 | -€198 | -8.6% |
| Gross operating margin | 9900 | €8,424 | €19,313 | +€10,890 | +129.3% |
| Operating profit (loss) | 9901 | -€24,618 | -€8,928 | +€15,690 | +63.7% |
| Financial income | 75/76B | €3,184 | €2,177 | -€1,007 | -31.6% |
| Recurring financial income | 75 | €1,557 | €6 | -€1,550 | -99.6% |
| Non-recurring financial income | 76B | €1,627 | €2,171 | +€543 | +33.4% |
| Financial charges | 65/66B | €3,754 | €5,475 | +€1,721 | +45.8% |
| Recurring financial charges | 65 | €3,754 | €4,345 | +€591 | +15.8% |
| Non-recurring financial charges | 66B | - | €1,129 | +€1,129 | |
| Profit (loss) for the period before taxes | 9903 | -€25,188 | -€12,226 | +€12,962 | +51.5% |
| Income taxes | 67/77 | -€1,576 | -€1,374 | +€202 | +12.8% |
| Profit (loss) for the period | 9904 | -€23,612 | -€10,852 | +€12,760 | +54.0% |
| Transfer from tax-exempt reserves | 789 | €20,000 | - | -€20,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,612 | -€10,852 | -€7,240 | -200.4% |
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 8 October 2026 via checked.be.