Geronimo+: 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.
Geronimo+
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+263.6%), from €391,975 to €1.4m
of which Leasing and similar rights: +€721,595
- Receivables within one year -€60,455
down €60,455 (-33.9%), from €178,570 to €118,114
of which Other amounts receivable: -€88,425
- Cash -€40,798
down €40,798 (-20.6%), from €197,865 to €157,066
mainly Investment in fixed assets (net) (-€1.3m) and Net result for the year (-€197,436)
- Deferred charges and accrued income +€18,398
new in 2024: €18,398
- Debts after one year +€619,127
up €619,127 (+301.8%), from €205,116 to €824,242
- Trade debts +€513,037
up €513,037 (+274.0%), from €187,226 to €700,264
- Profit (loss) carried forward -€197,436
down €197,436, from €191,564 to -€5,872
- Current portion of long-term debt +€89,939
up €89,939 (+200.4%), from €44,884 to €134,824
- Tax, wage and social debts -€70,629
down €70,629 (-100.0%), from €70,629 to €0
- Depreciation +€241,244
up €241,244 (+833.9%), from €28,929 to €270,173
- Gross operating margin -€162,669
down €162,669 (-55.5%), from €293,117 to €130,448
- Taxes -€70,243
down €70,243 (-100.0%), from €70,257 to €14
- Financial charges +€45,666
new in 2024: €45,666
- Other operating charges +€9,663
up €9,663 (+408.1%), from €2,368 to €12,031
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €768,409 | €1,725,538 | +€957,129 | +124.6% |
| Fixed assets | 21/28 | €391,975 | €1,431,960 | +€1.0m | +265.3% |
| Tangible fixed assets | 22/27 | €391,975 | €1,425,360 | +€1.0m | +263.6% |
| Plant, machinery and equipment | 23 | €290,061 | €557,911 | +€267,850 | +92.3% |
| Furniture and vehicles | 24 | €101,913 | €145,853 | +€43,940 | +43.1% |
| Leasing and similar rights | 25 | - | €721,595 | +€721,595 | |
| Financial fixed assets | 28 | - | €6,600 | +€6,600 | |
| Current assets | 29/58 | €376,434 | €293,579 | -€82,856 | -22.0% |
| Amounts receivable within one year | 40/41 | €178,570 | €118,114 | -€60,455 | -33.9% |
| Trade receivables | 40 | €37,837 | €65,807 | +€27,969 | +73.9% |
| Other amounts receivable | 41 | €140,732 | €52,308 | -€88,425 | -62.8% |
| Cash at bank and in hand | 54/58 | €197,865 | €157,066 | -€40,798 | -20.6% |
| Deferred charges and accrued income | 490/1 | - | €18,398 | +€18,398 | |
| Total equity and liabilities | 10/49 | €768,409 | €1,725,538 | +€957,129 | +124.6% |
| Equity | 10/15 | €194,564 | -€2,872 | -€197,436 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €191,564 | -€5,872 | -€197,436 | |
| Amounts payable | 17/49 | €573,845 | €1,728,411 | +€1.2m | +201.2% |
| Amounts payable after more than one year | 17 | €205,116 | €824,242 | +€619,127 | +301.8% |
| Financial debts | 170/4 | €205,116 | €824,242 | +€619,127 | +301.8% |
| Amounts payable within one year | 42/48 | €368,730 | €903,326 | +€534,596 | +145.0% |
| Current portion of amounts payable after more than one year | 42 | €44,884 | €134,824 | +€89,939 | +200.4% |
| Trade debts | 44 | €187,226 | €700,264 | +€513,037 | +274.0% |
| Suppliers | 440/4 | €187,226 | €700,264 | +€513,037 | +274.0% |
| Taxes, remuneration and social security | 45 | €70,629 | €0 | -€70,629 | -100.0% |
| Taxes | 450/3 | €70,629 | €0 | -€70,629 | -100.0% |
| Other amounts payable | 47/48 | €65,990 | €68,239 | +€2,249 | +3.4% |
| Accrued charges and deferred income | 492/3 | - | €842 | +€842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,929 | €270,173 | +€241,244 | +833.9% |
| Other operating charges | 640/8 | €2,368 | €12,031 | +€9,663 | +408.1% |
| Gross operating margin | 9900 | €293,117 | €130,448 | -€162,669 | -55.5% |
| Operating profit (loss) | 9901 | €261,820 | -€151,756 | -€413,576 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.0% |
| Financial charges | 65/66B | - | €45,666 | +€45,666 | |
| Recurring financial charges | 65 | - | €45,666 | +€45,666 | |
| Profit (loss) for the period before taxes | 9903 | €261,821 | -€197,422 | -€459,243 | |
| Income taxes | 67/77 | €70,257 | €14 | -€70,243 | -100.0% |
| Profit (loss) for the period | 9904 | €191,564 | -€197,436 | -€389,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €191,564 | -€197,436 | -€389,000 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.