Skip to content

GEROTECH: 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.

What changed

GEROTECH

BE 0809.923.670
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,991
2024 · -€22,932+€25,924
Equity
-€8,831
2024 · -€11,822+€2,991
Cash
€25,085
2024 · €49,687-€24,602
Balance sheet total
€238,891
2024 · €274,121-€35,231

Largest movements

2024 to 2025
Assets
  • Cash -€24,602

    down €24,602 (-49.5%), from €49,687 to €25,085

    mainly Debts after one year (-€37,500) and Receivables within one year (-€1,521)

  • Tangible fixed assets -€12,149

    down €12,149 (-5.4%), from €224,434 to €212,285

    of which Land and buildings: -€12,054

Equity and liabilities
  • Debts after one year -€37,500

    down €37,500 (-14.1%), from €266,000 to €228,500

  • Profit (loss) carried forward +€2,991

    up €2,991 (+9.3%), from -€32,282 to -€29,291

Income statement
  • Gross operating margin +€8,085

    up €8,085 (+76.8%), from €10,527 to €18,612

  • Other operating charges -€1,769

    down €1,769 (-34.2%), from €5,166 to €3,398

  • Depreciation -€1,125

    down €1,125 (-8.5%), from €13,274 to €12,149

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€22,932
Gross operating margin +€8,085
Depreciation +€1,125
Other operating charges +€1,769
Other operating items +€14,950
Financial charges -€5
Result 2025 €2,991

Cash bridge derived

cash 2024 to 2025

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.

From operations +€12,898
Investment €0
Financing -€37,500
Cash 2024 €49,687
Net result for the year +€2,991
Depreciation +€12,149
Receivables within one year -€1,521
Trade debts +€1,318
Other debts -€945
Accrued charges and deferred income -€1,095
Debts after one year -€37,500
Cash 2025 €25,085
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €274,121 €238,891 -€35,231 -12.9%
Fixed assets 21/28 €224,434 €212,285 -€12,149 -5.4%
Tangible fixed assets 22/27 €224,434 €212,285 -€12,149 -5.4%
Land and buildings 22 €224,338 €212,285 -€12,054 -5.4%
Furniture and vehicles 24 €96 €0 -€96 -100.0%
Other tangible fixed assets 26 €0 - =
Current assets 29/58 €49,687 €26,606 -€23,081 -46.5%
Amounts receivable within one year 40/41 - €1,521 +€1,521
Trade receivables 40 - €1,521 +€1,521
Cash at bank and in hand 54/58 €49,687 €25,085 -€24,602 -49.5%
Total equity and liabilities 10/49 €274,121 €238,891 -€35,231 -12.9%
Equity 10/15 -€11,822 -€8,831 +€2,991 +25.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 -€32,282 -€29,291 +€2,991 +9.3%
Amounts payable 17/49 €285,944 €247,722 -€38,222 -13.4%
Amounts payable after more than one year 17 €266,000 €228,500 -€37,500 -14.1%
Financial debts 170/4 €266,000 €228,500 -€37,500 -14.1%
Amounts payable within one year 42/48 €18,849 €19,222 +€373 +2.0%
Trade debts 44 €202 €1,521 +€1,318 +652.2%
Suppliers 440/4 €202 €1,521 +€1,318 +652.2%
Other amounts payable 47/48 €18,646 €17,701 -€945 -5.1%
Accrued charges and deferred income 492/3 €1,095 €0 -€1,095 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,274 €12,149 -€1,125 -8.5%
Other operating charges 640/8 €5,166 €3,398 -€1,769 -34.2%
Non-recurring operating charges 66A €14,950 €0 -€14,950 -100.0%
Gross operating margin 9900 €10,527 €18,612 +€8,085 +76.8%
Operating profit (loss) 9901 -€22,863 €3,065 +€25,928
Financial charges 65/66B €69 €74 +€5 +6.5%
Recurring financial charges 65 €69 €74 +€5 +6.5%
Profit (loss) for the period before taxes 9903 -€22,932 €2,991 +€25,924
Profit (loss) for the period 9904 -€22,932 €2,991 +€25,924
Profit (loss) for the period to be appropriated 9905 -€22,932 €2,991 +€25,924

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.