Geronimo Post: 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.
Geronimo Post
Largest movements
- Receivables within one year +€226,019
up €226,019 (+54.7%), from €413,107 to €639,127
of which Trade receivables: +€152,516
- Cash -€106,881
down €106,881 (-77.4%), from €138,049 to €31,169
mainly Receivables within one year (-€226,019) and Investment in fixed assets (net) (-€19,518)
- Tangible fixed assets -€11,120
down €11,120 (-7.5%), from €148,212 to €137,092
of which Plant, machinery and equipment: -€21,245
- Reserves +€332,709
up €332,709 (+17,888%), from €1,860 to €334,569
- Profit (loss) carried forward -€214,361
down €214,361 (-100%), from €214,361 to €0
- Tax, wage and social debts +€24,768
up €24,768 (+17.9%), from €138,360 to €163,128
of which Taxes: +€42,075
- Debts after one year -€19,370
down €19,370 (-53.4%), from €36,289 to €16,918
- Trade debts -€18,857
down €18,857 (-6.5%), from €290,599 to €271,741
- Gross operating margin +€52,206
up €52,206 (+9.6%), from €541,578 to €593,784
- Staff costs +€45,188
up €45,188 (+13.2%), from €343,050 to €388,238
- Depreciation +€10,060
up €10,060 (+45.9%), from €21,895 to €31,955
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 | €706,070 | €816,629 | +€110,559 | +15.7% |
| Fixed assets | 21/28 | €152,071 | €139,634 | -€12,437 | -8.2% |
| Intangible fixed assets | 21 | €3,858 | €2,542 | -€1,317 | -34.1% |
| Tangible fixed assets | 22/27 | €148,212 | €137,092 | -€11,120 | -7.5% |
| Plant, machinery and equipment | 23 | €87,940 | €66,696 | -€21,245 | -24.2% |
| Other tangible fixed assets | 26 | €60,272 | €70,396 | +€10,124 | +16.8% |
| Current assets | 29/58 | €553,999 | €676,995 | +€122,996 | +22.2% |
| Amounts receivable within one year | 40/41 | €413,107 | €639,127 | +€226,019 | +54.7% |
| Trade receivables | 40 | €389,296 | €541,812 | +€152,516 | +39.2% |
| Other amounts receivable | 41 | €23,811 | €97,315 | +€73,503 | +309% |
| Cash at bank and in hand | 54/58 | €138,049 | €31,169 | -€106,881 | -77.4% |
| Deferred charges and accrued income | 490/1 | €2,843 | €6,700 | +€3,857 | +136% |
| Total equity and liabilities | 10/49 | €706,070 | €816,629 | +€110,559 | +15.7% |
| Equity | 10/15 | €222,421 | €340,769 | +€118,348 | +53.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €334,569 | +€332,709 | +17,888% |
| Distributable reserves | 133 | €1,860 | €334,569 | +€332,709 | +17,888% |
| Profit (loss) carried forward | 14 | €214,361 | €0 | -€214,361 | -100% |
| Amounts payable | 17/49 | €483,649 | €475,860 | -€7,789 | -1.6% |
| Amounts payable after more than one year | 17 | €36,289 | €16,918 | -€19,370 | -53.4% |
| Financial debts | 170/4 | €36,289 | €16,918 | -€19,370 | -53.4% |
| Amounts payable within one year | 42/48 | €447,361 | €454,240 | +€6,879 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €18,402 | €19,370 | +€968 | +5.3% |
| Trade debts | 44 | €290,599 | €271,741 | -€18,857 | -6.5% |
| Suppliers | 440/4 | €290,599 | €271,741 | -€18,857 | -6.5% |
| Taxes, remuneration and social security | 45 | €138,360 | €163,128 | +€24,768 | +17.9% |
| Taxes | 450/3 | €76,774 | €118,849 | +€42,075 | +54.8% |
| Remuneration and social security | 454/9 | €61,586 | €44,279 | -€17,307 | -28.1% |
| Accrued charges and deferred income | 492/3 | - | €4,702 | +€4,702 | |
| Remuneration, social security and pensions | 62 | €343,050 | €388,238 | +€45,188 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,895 | €31,955 | +€10,060 | +45.9% |
| Other operating charges | 640/8 | €505 | €4,988 | +€4,483 | +887% |
| Gross operating margin | 9900 | €541,578 | €593,784 | +€52,206 | +9.6% |
| Operating profit (loss) | 9901 | €176,127 | €168,602 | -€7,525 | -4.3% |
| Financial income | 75/76B | €18 | €0 | -€18 | -100% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100% |
| Financial charges | 65/66B | €4,252 | €3,250 | -€1,002 | -23.6% |
| Recurring financial charges | 65 | €4,252 | €3,250 | -€1,002 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €171,893 | €165,352 | -€6,541 | -3.8% |
| Income taxes | 67/77 | €48,533 | €47,004 | -€1,529 | -3.1% |
| Profit (loss) for the period | 9904 | €123,361 | €118,348 | -€5,013 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €123,361 | €118,348 | -€5,013 | -4.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.