GERONIMMO: 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.
GERONIMMO
Largest movements
- Current assets -€66,180
down €66,180 (-97.4%), from €67,968 to €1,789
of which Cash: -€39,728
- Tangible fixed assets -€30,128
down €30,128 (-23.6%), from €127,623 to €97,495
- Profit (loss) carried forward -€63,927
down €63,927 (-398.5%), from -€16,044 to -€79,971
- Debts after one year -€60,418
down €60,418 (-63.7%), from €94,846 to €34,429
- Debts within one year +€54,743
up €54,743 (+78.6%), from €69,632 to €124,375
of which Other debts: +€85,076
- Reserves -€26,755
down €26,755 (-93.5%), from €28,615 to €1,859
- Gross operating margin +€4,962
no longer reported in 2024 (was -€4,962)
- Depreciation -€843
down €843 (-10.6%), from €7,977 to €7,134
From the 2020 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,641 | €99,284 | -€96,357 | -49.3% |
| Fixed assets | 21/28 | €127,673 | €97,495 | -€30,178 | -23.6% |
| Tangible fixed assets | 22/27 | €127,623 | €97,495 | -€30,128 | -23.6% |
| Land and buildings | 22 | - | €97,495 | +€97,495 | |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €67,968 | €1,789 | -€66,180 | -97.4% |
| Amounts receivable within one year | 40/41 | €20,744 | - | -€20,744 | |
| Cash at bank and in hand | 54/58 | €40,225 | €498 | -€39,728 | -98.8% |
| Deferred charges and accrued income | 490/1 | - | €1,291 | +€1,291 | |
| Total equity and liabilities | 10/49 | €195,641 | €99,284 | -€96,357 | -49.3% |
| Equity | 10/15 | €31,163 | -€59,519 | -€90,683 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | - | €18,592 | +€18,592 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €28,615 | €1,859 | -€26,755 | -93.5% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Legal reserve | 130 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€16,044 | -€79,971 | -€63,927 | -398.5% |
| Amounts payable | 17/49 | €164,478 | €158,803 | -€5,675 | -3.5% |
| Amounts payable after more than one year | 17 | €94,846 | €34,429 | -€60,418 | -63.7% |
| Financial debts | 170/4 | - | €34,429 | +€34,429 | |
| Amounts payable within one year | 42/48 | €69,632 | €124,375 | +€54,743 | +78.6% |
| Current portion of amounts payable after more than one year | 42 | - | €26,756 | +€26,756 | |
| Financial debts | 43 | - | €12,542 | +€12,542 | |
| Credit institutions | 430/8 | - | €12,542 | +€12,542 | |
| Trade debts | 44 | €15,453 | - | -€15,453 | |
| Other amounts payable | 47/48 | - | €85,076 | +€85,076 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,977 | €7,134 | -€843 | -10.6% |
| Gross operating margin | 9900 | -€4,962 | - | +€4,962 | |
| Operating profit (loss) | 9901 | -€13,857 | -€7,134 | +€6,723 | +48.5% |
| Recurring financial charges | 65 | €2,186 | - | -€2,186 | |
| Profit (loss) for the period before taxes | 9903 | -€16,044 | -€7,134 | +€8,910 | +55.5% |
| Profit (loss) for the period | 9904 | -€16,044 | -€7,134 | +€8,910 | +55.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,044 | -€7,134 | +€8,910 | +55.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.