Geros: 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.
Geros
Largest movements
- Receivables within one year +€125,355
new in 2025: €125,355
- Intangible fixed assets -€82,500
down €82,500 (-44.4%), from €185,625 to €103,125
- Tangible fixed assets -€19,716
down €19,716 (-22.4%), from €87,912 to €68,196
of which Furniture and vehicles: -€14,341
- Cash -€8,856
down €8,856 (-65.4%), from €13,537 to €4,681
mainly Contributions, distributions and other (-€405,000) and Receivables within one year (-€125,355)
- Deferred charges and accrued income +€5,337
up €5,337 (+2.9%), from €182,058 to €187,396
- Other debts +€272,939
up €272,939 (+2262.9%), from €12,061 to €285,000
- Profit (loss) carried forward -€193,025
down €193,025 (-97.1%), from €198,844 to €5,818
- Debts after one year -€62,371
down €62,371 (-61.2%), from €101,858 to €39,486
- Gross operating margin +€10,295
up €10,295 (+2.7%), from €375,468 to €385,763
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 | €469,133 | €488,753 | +€19,620 | +4.2% |
| Fixed assets | 21/28 | €273,537 | €171,321 | -€102,216 | -37.4% |
| Intangible fixed assets | 21 | €185,625 | €103,125 | -€82,500 | -44.4% |
| Tangible fixed assets | 22/27 | €87,912 | €68,196 | -€19,716 | -22.4% |
| Plant, machinery and equipment | 23 | €40,682 | €35,307 | -€5,376 | -13.2% |
| Furniture and vehicles | 24 | €47,230 | €32,889 | -€14,341 | -30.4% |
| Current assets | 29/58 | €195,595 | €317,432 | +€121,836 | +62.3% |
| Amounts receivable within one year | 40/41 | - | €125,355 | +€125,355 | |
| Other amounts receivable | 41 | - | €125,355 | +€125,355 | |
| Cash at bank and in hand | 54/58 | €13,537 | €4,681 | -€8,856 | -65.4% |
| Deferred charges and accrued income | 490/1 | €182,058 | €187,396 | +€5,337 | +2.9% |
| Total equity and liabilities | 10/49 | €469,133 | €488,753 | +€19,620 | +4.2% |
| Equity | 10/15 | €267,654 | €74,628 | -€193,025 | -72.1% |
| Contributions | 10/11 | €60 | €60 | = | 0.0% |
| Reserves | 13 | €68,750 | €68,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198,844 | €5,818 | -€193,025 | -97.1% |
| Amounts payable | 17/49 | €201,479 | €414,124 | +€212,645 | +105.5% |
| Amounts payable after more than one year | 17 | €101,858 | €39,486 | -€62,371 | -61.2% |
| Financial debts | 170/4 | €101,858 | €39,486 | -€62,371 | -61.2% |
| Amounts payable within one year | 42/48 | €99,621 | €374,638 | +€275,017 | +276.1% |
| Current portion of amounts payable after more than one year | 42 | €61,491 | €62,371 | +€880 | +1.4% |
| Trade debts | 44 | €3,399 | €5,900 | +€2,501 | +73.6% |
| Suppliers | 440/4 | €3,399 | €5,900 | +€2,501 | +73.6% |
| Taxes, remuneration and social security | 45 | €22,671 | €21,367 | -€1,304 | -5.8% |
| Taxes | 450/3 | €22,671 | €21,367 | -€1,304 | -5.8% |
| Other amounts payable | 47/48 | €12,061 | €285,000 | +€272,939 | +2262.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,024 | €108,601 | +€1,576 | +1.5% |
| Other operating charges | 640/8 | €2,454 | €1,746 | -€708 | -28.9% |
| Gross operating margin | 9900 | €375,468 | €385,763 | +€10,295 | +2.7% |
| Operating profit (loss) | 9901 | €265,990 | €275,416 | +€9,427 | +3.5% |
| Financial income | 75/76B | - | €3,155 | +€3,155 | |
| Recurring financial income | 75 | - | €3,155 | +€3,155 | |
| Financial charges | 65/66B | €3,125 | €2,230 | -€895 | -28.6% |
| Recurring financial charges | 65 | €3,125 | €2,230 | -€895 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €262,864 | €276,341 | +€13,477 | +5.1% |
| Income taxes | 67/77 | €64,021 | €64,367 | +€346 | +0.5% |
| Profit (loss) for the period | 9904 | €198,844 | €211,975 | +€13,131 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €198,844 | €211,975 | +€13,131 | +6.6% |
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.