GEROUGO GROUPE: 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.
GEROUGO GROUPE
Largest movements
- Receivables within one year +€8,934
up €8,934 (+393%), from €2,273 to €11,207
of which Trade receivables: +€5,901
- Tangible fixed assets +€8,599
up €8,599 (+490%), from €1,756 to €10,354
of which Furniture and vehicles: +€7,294
- Cash +€1,965
up €1,965 (+566%), from €347 to €2,312
mainly Trade debts (+€20,734) and Tax, wage and social debts (+€3,138)
- Trade debts +€20,734
up €20,734 (+327%), from €6,344 to €27,078
- Tax, wage and social debts +€3,138
new in 2025: €3,138
of which Taxes: +€2,503
- Profit (loss) carried forward -€2,160
down €2,160 (-6.1%), from -€35,536 to -€37,696
- Other debts -€1,977
down €1,977 (-25.6%), from €7,730 to €5,753
- Gross operating margin +€42,935
up €42,935, from -€2,013 to €40,923
- Staff costs +€38,332
new in 2025: €38,332
- Depreciation +€2,148
up €2,148 (+4,853%), from €44 to €2,192
- Financial charges +€863
up €863 (+364%), from €237 to €1,100
- Other operating charges +€814
up €814 (+210%), from €387 to €1,202
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 | €5,523 | €25,312 | +€19,789 | +358% |
| Fixed assets | 21/28 | €1,756 | €10,354 | +€8,599 | +490% |
| Tangible fixed assets | 22/27 | €1,756 | €10,354 | +€8,599 | +490% |
| Plant, machinery and equipment | 23 | €1,756 | €3,061 | +€1,305 | +74.3% |
| Furniture and vehicles | 24 | - | €7,294 | +€7,294 | |
| Current assets | 29/58 | €3,767 | €14,957 | +€11,191 | +297% |
| Stocks and contracts in progress | 3 | €1,146 | €1,335 | +€189 | +16.5% |
| Stocks | 30/36 | €1,146 | €1,335 | +€189 | +16.5% |
| Amounts receivable within one year | 40/41 | €2,273 | €11,207 | +€8,934 | +393% |
| Trade receivables | 40 | €813 | €6,715 | +€5,901 | +725% |
| Other amounts receivable | 41 | €1,460 | €4,493 | +€3,033 | +208% |
| Cash at bank and in hand | 54/58 | €347 | €2,312 | +€1,965 | +566% |
| Deferred charges and accrued income | 490/1 | - | €103 | +€103 | |
| Total equity and liabilities | 10/49 | €5,523 | €25,312 | +€19,789 | +358% |
| Equity | 10/15 | -€8,551 | -€10,711 | -€2,160 | -25.3% |
| Contributions | 10/11 | €10,197 | €10,197 | = | 0.0% |
| Reserves | 13 | €16,788 | €16,788 | = | 0.0% |
| Distributable reserves | 133 | €16,788 | €16,788 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,536 | -€37,696 | -€2,160 | -6.1% |
| Amounts payable | 17/49 | €14,074 | €36,022 | +€21,949 | +156% |
| Amounts payable within one year | 42/48 | €14,074 | €35,969 | +€21,896 | +156% |
| Trade debts | 44 | €6,344 | €27,078 | +€20,734 | +327% |
| Suppliers | 440/4 | €6,344 | €27,078 | +€20,734 | +327% |
| Taxes, remuneration and social security | 45 | - | €3,138 | +€3,138 | |
| Taxes | 450/3 | - | €2,503 | +€2,503 | |
| Remuneration and social security | 454/9 | - | €635 | +€635 | |
| Other amounts payable | 47/48 | €7,730 | €5,753 | -€1,977 | -25.6% |
| Accrued charges and deferred income | 492/3 | - | €53 | +€53 | |
| Remuneration, social security and pensions | 62 | - | €38,332 | +€38,332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44 | €2,192 | +€2,148 | +4,853% |
| Other operating charges | 640/8 | €387 | €1,202 | +€814 | +210% |
| Gross operating margin | 9900 | -€2,013 | €40,923 | +€42,935 | |
| Operating profit (loss) | 9901 | -€2,444 | -€803 | +€1,641 | +67.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €237 | €1,100 | +€863 | +364% |
| Recurring financial charges | 65 | €237 | €1,100 | +€863 | +364% |
| Profit (loss) for the period before taxes | 9903 | -€2,681 | -€1,903 | +€779 | +29.0% |
| Income taxes | 67/77 | - | €257 | +€257 | |
| Profit (loss) for the period | 9904 | -€2,681 | -€2,160 | +€522 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,681 | -€2,160 | +€522 | +19.5% |
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 28 October 2026 via checked.be.