GERPIDIS: 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
GERPIDIS
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€165,051
2024 · -€131,610-€33,441
Equity
€83,435
2024 · €248,486-€165,051
Cash
€1.5m
2024 · €1.6m-€52,317
Balance sheet total
€6.9m
2024 · €7.3m-€376,761
Largest movements
Assets
- Tangible fixed assets -€397,788
down €397,788 (-14.4%), from €2.8m to €2.4m
of which Plant, machinery and equipment: -€317,169
- Stocks and contracts +€245,906
up €245,906 (+38.1%), from €646,007 to €891,912
- Intangible fixed assets -€193,313
down €193,313 (-18.0%), from €1.1m to €881,293
Equity and liabilities
- Short-term financial debts -€674,259
down €674,259 (-81.0%), from €832,000 to €157,741
of which Other loans: -€832,000
- Trade debts +€646,490
up €646,490 (+45.1%), from €1.4m to €2.1m
- Debts after one year -€214,295
down €214,295 (-5.8%), from €3.7m to €3.5m
- Current portion of long-term debt +€169,193
up €169,193 (+30.5%), from €554,772 to €723,966
- Profit (loss) carried forward -€165,051
down €165,051 (-125.4%), from -€131,610 to -€296,661
Income statement
- Gross operating margin -€1.5m
down €1.5m (-32.1%), from €4.7m to €3.2m
- Staff costs -€1.3m
down €1.3m (-36.6%), from €3.4m to €2.2m
- Depreciation -€200,742
down €200,742 (-20.8%), from €963,037 to €762,294
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.
Result 2024
-€131,610
Gross operating margin
-€1.5m
Staff costs
+€1.3m
Depreciation
+€200,742
Other operating charges
+€8,172
Other operating items
-€5,290
Financial income
+€22,241
Financial charges
-€18,876
Taxes
-€351
Result 2025
-€165,051
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.
From operations
+€809,389
Investment
-€142,346
Financing
-€719,360
Cash 2024
€1.6m
From operations (derived)
+€809,389
Net result for the year
-€165,051
Depreciation
+€762,294
Stocks and contracts
-€245,906
Receivables within one year
-€2,790
Deferred charges and accrued income
-€46,809
Trade debts
+€646,490
Tax, wage and social debts
-€17,141
Accrued charges and deferred income
-€121,698
Investment (derived)
-€142,346
Investment in fixed assets (net)
-€142,346
Financing
-€719,360
Debts after one year
-€214,295
Current portion of long-term debt
+€169,193
Short-term financial debts
-€674,259
Cash 2025
€1.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,290,322 | €6,913,561 | -€376,761 | -5.2% |
| Formation expenses | 20 | €120,703 | €91,856 | -€28,847 | -23.9% |
| Fixed assets | 21/28 | €3,844,683 | €3,253,582 | -€591,101 | -15.4% |
| Intangible fixed assets | 21 | €1,074,606 | €881,293 | -€193,313 | -18.0% |
| Tangible fixed assets | 22/27 | €2,770,077 | €2,372,288 | -€397,788 | -14.4% |
| Plant, machinery and equipment | 23 | €1,805,481 | €1,488,312 | -€317,169 | -17.6% |
| Furniture and vehicles | 24 | €331,328 | €322,234 | -€9,094 | -2.7% |
| Other tangible fixed assets | 26 | €633,267 | €561,742 | -€71,525 | -11.3% |
| Current assets | 29/58 | €3,324,936 | €3,568,123 | +€243,187 | +7.3% |
| Amounts receivable after more than one year | 29 | €412,265 | €412,265 | = | 0.0% |
| Other amounts receivable | 291 | €412,265 | €412,265 | = | 0.0% |
| Stocks and contracts in progress | 3 | €646,007 | €891,912 | +€245,906 | +38.1% |
| Stocks | 30/36 | €646,007 | €891,912 | +€245,906 | +38.1% |
| Amounts receivable within one year | 40/41 | €595,306 | €598,097 | +€2,790 | +0.5% |
| Trade receivables | 40 | €465,674 | €25,742 | -€439,931 | -94.5% |
| Other amounts receivable | 41 | €129,633 | €572,354 | +€442,722 | +341.5% |
| Cash at bank and in hand | 54/58 | €1,568,844 | €1,516,527 | -€52,317 | -3.3% |
| Deferred charges and accrued income | 490/1 | €102,514 | €149,322 | +€46,809 | +45.7% |
| Total equity and liabilities | 10/49 | €7,290,322 | €6,913,561 | -€376,761 | -5.2% |
| Equity | 10/15 | €248,486 | €83,435 | -€165,051 | -66.4% |
| Contributions | 10/11 | €380,095 | €380,095 | = | 0.0% |
| Capital | 10 | €380,095 | €380,095 | = | 0.0% |
| Issued capital | 100 | €380,095 | €380,095 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,610 | -€296,661 | -€165,051 | -125.4% |
| Amounts payable | 17/49 | €7,041,836 | €6,830,126 | -€211,710 | -3.0% |
| Amounts payable after more than one year | 17 | €3,707,954 | €3,493,659 | -€214,295 | -5.8% |
| Financial debts | 170/4 | €3,707,954 | €3,493,659 | -€214,295 | -5.8% |
| Amounts payable within one year | 42/48 | €3,176,548 | €3,300,832 | +€124,284 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €554,772 | €723,966 | +€169,193 | +30.5% |
| Financial debts | 43 | €832,000 | €157,741 | -€674,259 | -81.0% |
| Credit institutions | 430/8 | - | €157,741 | +€157,741 | |
| Other loans | 439 | €832,000 | €0 | -€832,000 | -100.0% |
| Trade debts | 44 | €1,434,576 | €2,081,065 | +€646,490 | +45.1% |
| Suppliers | 440/4 | €1,434,576 | €2,081,065 | +€646,490 | +45.1% |
| Taxes, remuneration and social security | 45 | €355,191 | €338,050 | -€17,141 | -4.8% |
| Taxes | 450/3 | €13,795 | €1,353 | -€12,442 | -90.2% |
| Remuneration and social security | 454/9 | €341,395 | €336,697 | -€4,699 | -1.4% |
| Other amounts payable | 47/48 | €10 | €10 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €157,333 | €35,635 | -€121,698 | -77.4% |
| Non-recurring operating income | 76A | €1,242,060 | €185,471 | -€1.1m | -85.1% |
| Remuneration, social security and pensions | 62 | €3,441,447 | €2,183,043 | -€1.3m | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €963,037 | €762,294 | -€200,742 | -20.8% |
| Other operating charges | 640/8 | €66,589 | €58,417 | -€8,172 | -12.3% |
| Non-recurring operating charges | 66A | €60 | €5,350 | +€5,290 | +8816.3% |
| Gross operating margin | 9900 | €4,668,932 | €3,170,446 | -€1.5m | -32.1% |
| Operating profit (loss) | 9901 | €197,799 | €161,342 | -€36,456 | -18.4% |
| Financial income | 75/76B | €16,468 | €38,709 | +€22,241 | +135.1% |
| Recurring financial income | 75 | €16,468 | €38,709 | +€22,241 | +135.1% |
| Financial charges | 65/66B | €345,375 | €364,250 | +€18,876 | +5.5% |
| Recurring financial charges | 65 | €345,375 | €283,084 | -€62,291 | -18.0% |
| Non-recurring financial charges | 66B | - | €81,166 | +€81,166 | |
| Profit (loss) for the period before taxes | 9903 | -€131,108 | -€164,199 | -€33,091 | -25.2% |
| Income taxes | 67/77 | €501 | €852 | +€351 | +70.0% |
| Profit (loss) for the period | 9904 | -€131,610 | -€165,051 | -€33,441 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,610 | -€165,051 | -€33,441 | -25.4% |
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 29 September 2026 via checked.be.