GERONSART: 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.
GERONSART
Largest movements
- Cash -€58,545
down €58,545 (-32.7%), from €179,278 to €120,733
mainly Contributions, distributions and other (-€130,000) and Investment in fixed assets (net) (-€67,625)
- Tangible fixed assets +€56,855
up €56,855 (+180.9%), from €31,431 to €88,287
of which Furniture and vehicles: +€41,940
- Receivables within one year +€17,931
up €17,931 (+136.8%), from €13,111 to €31,043
of which Other amounts receivable: +€9,575
- Deferred charges and accrued income +€4,322
up €4,322 (+131.8%), from €3,279 to €7,601
- Stocks and contracts +€4,314
up €4,314 (+22.6%), from €19,085 to €23,399
- Other debts +€29,732
up €29,732 (+23.3%), from €127,713 to €157,445
- Trade debts -€11,512
down €11,512 (-68.2%), from €16,885 to €5,373
- Profit (loss) carried forward +€9,367
up €9,367 (+359.7%), from €2,604 to €11,970
- Tax, wage and social debts -€5,629
down €5,629 (-19.6%), from €28,755 to €23,126
of which Remuneration and social security: -€12,229
- Accrued charges and deferred income +€2,920
new in 2024: €2,920
- Purchases and services -€275,477
no longer reported in 2024 (was €275,477)
- Staff costs -€48,578
down €48,578 (-25.1%), from €193,330 to €144,753
- Gross operating margin -€31,915
down €31,915 (-9.5%), from €334,650 to €302,735
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 | €246,317 | €271,194 | +€24,878 | +10.1% |
| Fixed assets | 21/28 | €31,563 | €88,418 | +€56,855 | +180.1% |
| Tangible fixed assets | 22/27 | €31,431 | €88,287 | +€56,855 | +180.9% |
| Land and buildings | 22 | - | €17,106 | +€17,106 | |
| Plant, machinery and equipment | 23 | €23,551 | €21,360 | -€2,191 | -9.3% |
| Furniture and vehicles | 24 | €7,880 | €49,821 | +€41,940 | +532.2% |
| Financial fixed assets | 28 | €132 | €132 | = | 0.0% |
| Current assets | 29/58 | €214,753 | €182,776 | -€31,977 | -14.9% |
| Stocks and contracts in progress | 3 | €19,085 | €23,399 | +€4,314 | +22.6% |
| Stocks | 30/36 | €19,085 | €23,399 | +€4,314 | +22.6% |
| Amounts receivable within one year | 40/41 | €13,111 | €31,043 | +€17,931 | +136.8% |
| Trade receivables | 40 | €11,870 | €20,226 | +€8,356 | +70.4% |
| Other amounts receivable | 41 | €1,242 | €10,817 | +€9,575 | +771.3% |
| Cash at bank and in hand | 54/58 | €179,278 | €120,733 | -€58,545 | -32.7% |
| Deferred charges and accrued income | 490/1 | €3,279 | €7,601 | +€4,322 | +131.8% |
| Total equity and liabilities | 10/49 | €246,317 | €271,194 | +€24,878 | +10.1% |
| Equity | 10/15 | €72,964 | €82,330 | +€9,367 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,760 | €51,760 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €49,900 | €49,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,604 | €11,970 | +€9,367 | +359.7% |
| Amounts payable | 17/49 | €173,353 | €188,864 | +€15,511 | +8.9% |
| Amounts payable within one year | 42/48 | €173,353 | €185,944 | +€12,591 | +7.3% |
| Trade debts | 44 | €16,885 | €5,373 | -€11,512 | -68.2% |
| Suppliers | 440/4 | €16,885 | €5,373 | -€11,512 | -68.2% |
| Taxes, remuneration and social security | 45 | €28,755 | €23,126 | -€5,629 | -19.6% |
| Taxes | 450/3 | €16,525 | €23,126 | +€6,601 | +39.9% |
| Remuneration and social security | 454/9 | €12,229 | - | -€12,229 | |
| Other amounts payable | 47/48 | €127,713 | €157,445 | +€29,732 | +23.3% |
| Accrued charges and deferred income | 492/3 | - | €2,920 | +€2,920 | |
| Goods, raw materials, services and sundry goods | 60/61 | €275,477 | - | -€275,477 | |
| Remuneration, social security and pensions | 62 | €193,330 | €144,753 | -€48,578 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,044 | €10,770 | +€1,726 | +19.1% |
| Other operating charges | 640/8 | €2,366 | €2,013 | -€353 | -14.9% |
| Gross operating margin | 9900 | €334,650 | €302,735 | -€31,915 | -9.5% |
| Operating profit (loss) | 9901 | €129,910 | €145,198 | +€15,289 | +11.8% |
| Financial charges | 65/66B | €196 | €1,902 | +€1,706 | +869.5% |
| Recurring financial charges | 65 | €196 | €1,902 | +€1,706 | +869.5% |
| Profit (loss) for the period before taxes | 9903 | €129,714 | €143,296 | +€13,583 | +10.5% |
| Income taxes | 67/77 | €3,425 | €3,930 | +€505 | +14.7% |
| Profit (loss) for the period | 9904 | €126,289 | €139,367 | +€13,078 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €126,289 | €139,367 | +€13,078 | +10.4% |
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 1 October 2026 via checked.be.