Geronimo 21: 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 21
Largest movements
- Deferred charges and accrued income +€58,307
up €58,307 (+3358.5%), from €1,736 to €60,043
- Cash +€56,926
up €56,926 (+73.3%), from €77,682 to €134,608
mainly Net result for the year (+€130,426) and Other debts (+€92,985)
- Tangible fixed assets -€6,260
down €6,260 (-26.3%), from €23,809 to €17,548
of which Furniture and vehicles: -€15,175
- Other debts +€92,985
up €92,985 (+1432.2%), from €6,493 to €99,478
- Tax, wage and social debts +€28,228
up €28,228 (+2146.0%), from €1,315 to €29,544
- Current portion of long-term debt -€7,036
down €7,036 (-58.0%), from €12,124 to €5,088
- Debts after one year -€5,088
no longer reported in 2025 (was €5,088)
- Gross operating margin +€122,635
up €122,635 (+188.8%), from €64,964 to €187,599
- Taxes +€29,828
up €29,828 (+263.6%), from €11,315 to €41,144
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 | €103,226 | €212,654 | +€109,427 | +106.0% |
| Fixed assets | 21/28 | €23,809 | €17,548 | -€6,260 | -26.3% |
| Tangible fixed assets | 22/27 | €23,809 | €17,548 | -€6,260 | -26.3% |
| Plant, machinery and equipment | 23 | - | €8,915 | +€8,915 | |
| Furniture and vehicles | 24 | €23,809 | €8,633 | -€15,175 | -63.7% |
| Current assets | 29/58 | €79,418 | €195,105 | +€115,688 | +145.7% |
| Amounts receivable within one year | 40/41 | - | €454 | +€454 | |
| Trade receivables | 40 | - | €454 | +€454 | |
| Cash at bank and in hand | 54/58 | €77,682 | €134,608 | +€56,926 | +73.3% |
| Deferred charges and accrued income | 490/1 | €1,736 | €60,043 | +€58,307 | +3358.5% |
| Total equity and liabilities | 10/49 | €103,226 | €212,654 | +€109,427 | +106.0% |
| Equity | 10/15 | €78,079 | €78,505 | +€426 | +0.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €72,000 | €72,000 | = | 0.0% |
| Distributable reserves | 133 | €72,000 | €72,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79 | €505 | +€426 | +538.6% |
| Amounts payable | 17/49 | €25,147 | €134,148 | +€109,001 | +433.5% |
| Amounts payable after more than one year | 17 | €5,088 | - | -€5,088 | |
| Financial debts | 170/4 | €5,088 | - | -€5,088 | |
| Amounts payable within one year | 42/48 | €20,059 | €134,148 | +€114,089 | +568.8% |
| Current portion of amounts payable after more than one year | 42 | €12,124 | €5,088 | -€7,036 | -58.0% |
| Trade debts | 44 | €127 | €39 | -€88 | -69.4% |
| Suppliers | 440/4 | €127 | €39 | -€88 | -69.4% |
| Taxes, remuneration and social security | 45 | €1,315 | €29,544 | +€28,228 | +2146.0% |
| Taxes | 450/3 | €1,315 | €29,544 | +€28,228 | +2146.0% |
| Other amounts payable | 47/48 | €6,493 | €99,478 | +€92,985 | +1432.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,368 | €15,175 | +€807 | +5.6% |
| Other operating charges | 640/8 | €483 | €500 | +€16 | +3.3% |
| Non-recurring operating charges | 66A | €183 | - | -€183 | |
| Gross operating margin | 9900 | €64,964 | €187,599 | +€122,635 | +188.8% |
| Operating profit (loss) | 9901 | €49,929 | €171,924 | +€121,995 | +244.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €406 | €354 | -€52 | -12.7% |
| Recurring financial charges | 65 | €406 | €354 | -€52 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €49,524 | €171,570 | +€122,047 | +246.4% |
| Income taxes | 67/77 | €11,315 | €41,144 | +€29,828 | +263.6% |
| Profit (loss) for the period | 9904 | €38,208 | €130,426 | +€92,218 | +241.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,208 | €130,426 | +€92,218 | +241.4% |
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 2 October 2026 via checked.be.