GERONIMMO: what changed
Two financial 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
- Stocks and contracts +€339,213
up €339,213 (+121%), from €279,283 to €618,496
- Receivables within one year -€59,297
down €59,297 (-66.3%), from €89,385 to €30,088
of which Trade receivables: -€31,714
- Tangible fixed assets -€15,561
down €15,561 (-32.6%), from €47,790 to €32,229
of which Furniture and vehicles: -€14,710
- Cash -€9,653
down €9,653 (-92.0%), from €10,491 to €839
mainly Stocks and contracts (-€339,213) and Trade debts (-€52,883)
- Short-term financial debts +€195,638
new in 2025: €195,638
- Debts after one year +€87,756
up €87,756 (+77.5%), from €113,273 to €201,029
- Trade debts -€52,883
down €52,883 (-83.6%), from €63,283 to €10,401
- Other debts +€26,797
up €26,797 (+15.0%), from €178,146 to €204,944
- Depreciation +€3,293
up €3,293 (+12.1%), from €27,268 to €30,561
- Financial charges +€2,829
up €2,829 (+215%), from €1,318 to €4,147
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.
Derived cash bridge
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 | €426,949 | €682,013 | +€255,063 | +59.7% |
| Fixed assets | 21/28 | €47,790 | €32,229 | -€15,561 | -32.6% |
| Tangible fixed assets | 22/27 | €47,790 | €32,229 | -€15,561 | -32.6% |
| Plant, machinery and equipment | 23 | €3,401 | €2,550 | -€851 | -25.0% |
| Furniture and vehicles | 24 | €44,389 | €29,679 | -€14,710 | -33.1% |
| Current assets | 29/58 | €379,160 | €649,784 | +€270,624 | +71.4% |
| Stocks and contracts in progress | 3 | €279,283 | €618,496 | +€339,213 | +121% |
| Stocks | 30/36 | €279,283 | €618,496 | +€339,213 | +121% |
| Amounts receivable within one year | 40/41 | €89,385 | €30,088 | -€59,297 | -66.3% |
| Trade receivables | 40 | €61,125 | €29,411 | -€31,714 | -51.9% |
| Other amounts receivable | 41 | €28,260 | €676 | -€27,583 | -97.6% |
| Cash at bank and in hand | 54/58 | €10,491 | €839 | -€9,653 | -92.0% |
| Deferred charges and accrued income | 490/1 | - | €361 | +€361 | |
| Total equity and liabilities | 10/49 | €426,949 | €682,013 | +€255,063 | +59.7% |
| Equity | 10/15 | €57,770 | €53,468 | -€4,302 | -7.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €53,967 | €53,967 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €53,967 | €53,967 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,197 | -€100,499 | -€4,302 | -4.5% |
| Amounts payable | 17/49 | €369,179 | €628,545 | +€259,365 | +70.3% |
| Amounts payable after more than one year | 17 | €113,273 | €201,029 | +€87,756 | +77.5% |
| Financial debts | 170/4 | €113,273 | €201,029 | +€87,756 | +77.5% |
| Amounts payable within one year | 42/48 | €255,906 | €425,919 | +€170,012 | +66.4% |
| Current portion of amounts payable after more than one year | 42 | €12,065 | €12,244 | +€180 | +1.5% |
| Financial debts | 43 | - | €195,638 | +€195,638 | |
| Credit institutions | 430/8 | - | €195,638 | +€195,638 | |
| Trade debts | 44 | €63,283 | €10,401 | -€52,883 | -83.6% |
| Suppliers | 440/4 | €63,283 | €10,401 | -€52,883 | -83.6% |
| Taxes, remuneration and social security | 45 | €2,412 | €2,692 | +€280 | +11.6% |
| Taxes | 450/3 | €2,412 | €2,692 | +€280 | +11.6% |
| Other amounts payable | 47/48 | €178,146 | €204,944 | +€26,797 | +15.0% |
| Accrued charges and deferred income | 492/3 | - | €1,598 | +€1,598 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,268 | €30,561 | +€3,293 | +12.1% |
| Other operating charges | 640/8 | €885 | €1,203 | +€317 | +35.8% |
| Gross operating margin | 9900 | €31,631 | €31,806 | +€176 | +0.6% |
| Operating profit (loss) | 9901 | €3,477 | €43 | -€3,434 | -98.8% |
| Financial charges | 65/66B | €1,318 | €4,147 | +€2,829 | +215% |
| Recurring financial charges | 65 | €1,318 | €4,147 | +€2,829 | +215% |
| Profit (loss) for the period before taxes | 9903 | €2,159 | -€4,104 | -€6,263 | |
| Income taxes | 67/77 | €209 | €198 | -€11 | -5.0% |
| Profit (loss) for the period | 9904 | €1,951 | -€4,302 | -€6,253 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,951 | -€4,302 | -€6,253 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.