GERONIMONS: 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.
GERONIMONS
Largest movements
- Cash +€264,822
up €264,822 (+894.9%), from €29,592 to €294,414
mainly Net result for the year (+€539,084) and Depreciation (+€264,493)
- Tangible fixed assets -€259,351
down €259,351 (-7.5%), from €3.4m to €3.2m
of which Land and buildings: -€263,979
- Receivables within one year -€224,500
down €224,500 (-72.1%), from €311,499 to €86,999
- Debts after one year -€199,526
down €199,526 (-7.6%), from €2.6m to €2.4m
of which Financial debts: -€208,150
- Accrued charges and deferred income +€115,061
up €115,061 (+119.8%), from €96,009 to €211,070
- Profit (loss) carried forward -€60,916
down €60,916 (-21.0%), from €289,853 to €228,937
- Current portion of long-term debt -€60,003
down €60,003 (-22.4%), from €268,149 to €208,146
- Other debts +€56,550
up €56,550 (+18.2%), from €311,200 to €367,750
- Other operating charges -€466,877
down €466,877 (-91.4%), from €510,891 to €44,014
- Taxes +€76,882
up €76,882 (+74.3%), from €103,501 to €180,383
- Financial charges +€58,989
up €58,989 (+132.0%), from €44,703 to €103,692
- Depreciation +€58,571
up €58,571 (+28.4%), from €205,922 to €264,493
- Gross operating margin -€46,930
down €46,930 (-4.0%), from €1.2m to €1.1m
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 | €3,788,658 | €3,568,167 | -€220,491 | -5.8% |
| Fixed assets | 21/28 | €3,446,104 | €3,186,753 | -€259,351 | -7.5% |
| Tangible fixed assets | 22/27 | €3,446,104 | €3,186,753 | -€259,351 | -7.5% |
| Land and buildings | 22 | €3,446,104 | €3,182,125 | -€263,979 | -7.7% |
| Furniture and vehicles | 24 | - | €4,628 | +€4,628 | |
| Current assets | 29/58 | €342,554 | €381,414 | +€38,859 | +11.3% |
| Amounts receivable within one year | 40/41 | €311,499 | €86,999 | -€224,500 | -72.1% |
| Other amounts receivable | 41 | €311,499 | €86,999 | -€224,500 | -72.1% |
| Cash at bank and in hand | 54/58 | €29,592 | €294,414 | +€264,822 | +894.9% |
| Deferred charges and accrued income | 490/1 | €1,463 | - | -€1,463 | |
| Total equity and liabilities | 10/49 | €3,788,658 | €3,568,167 | -€220,491 | -5.8% |
| Equity | 10/15 | €405,049 | €344,133 | -€60,916 | -15.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €15,196 | €15,196 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €5,196 | €5,196 | = | 0.0% |
| Profit (loss) carried forward | 14 | €289,853 | €228,937 | -€60,916 | -21.0% |
| Provisions and deferred taxes | 16 | €10,994 | - | -€10,994 | |
| Provisions for liabilities and charges | 160/5 | €10,994 | - | -€10,994 | |
| Major repairs and maintenance | 162 | €10,994 | - | -€10,994 | |
| Amounts payable | 17/49 | €3,372,615 | €3,224,034 | -€148,581 | -4.4% |
| Amounts payable after more than one year | 17 | €2,636,190 | €2,436,664 | -€199,526 | -7.6% |
| Financial debts | 170/4 | €2,446,190 | €2,238,040 | -€208,150 | -8.5% |
| Other amounts payable | 178/9 | €190,000 | €198,624 | +€8,624 | +4.5% |
| Amounts payable within one year | 42/48 | €640,416 | €576,300 | -€64,116 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €268,149 | €208,146 | -€60,003 | -22.4% |
| Trade debts | 44 | €5,543 | €401 | -€5,142 | -92.8% |
| Suppliers | 440/4 | €5,543 | €401 | -€5,142 | -92.8% |
| Taxes, remuneration and social security | 45 | €55,524 | €3 | -€55,521 | -100.0% |
| Taxes | 450/3 | €55,524 | €3 | -€55,521 | -100.0% |
| Other amounts payable | 47/48 | €311,200 | €367,750 | +€56,550 | +18.2% |
| Accrued charges and deferred income | 492/3 | €96,009 | €211,070 | +€115,061 | +119.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205,922 | €264,493 | +€58,571 | +28.4% |
| Other operating charges | 640/8 | €510,891 | €44,014 | -€466,877 | -91.4% |
| Gross operating margin | 9900 | €1,170,045 | €1,123,115 | -€46,930 | -4.0% |
| Operating profit (loss) | 9901 | €453,231 | €814,608 | +€361,376 | +79.7% |
| Financial income | 75/76B | €5,230 | €8,552 | +€3,322 | +63.5% |
| Recurring financial income | 75 | €5,230 | €8,552 | +€3,322 | +63.5% |
| Financial charges | 65/66B | €44,703 | €103,692 | +€58,989 | +132.0% |
| Recurring financial charges | 65 | €44,703 | €103,692 | +€58,989 | +132.0% |
| Profit (loss) for the period before taxes | 9903 | €413,758 | €719,467 | +€305,709 | +73.9% |
| Income taxes | 67/77 | €103,501 | €180,383 | +€76,882 | +74.3% |
| Profit (loss) for the period | 9904 | €310,257 | €539,084 | +€228,827 | +73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €310,257 | €539,084 | +€228,827 | +73.8% |
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 7 October 2026 via checked.be.