GERPRO: 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.
GERPRO
Largest movements
- Cash +€17,535
up €17,535 (+492.1%), from €3,563 to €21,098
mainly Net result for the year (+€15,236) and Trade debts (+€12,320)
- Tangible fixed assets +€8,143
new in 2025: €8,143
- Receivables within one year +€2,525
up €2,525 (+27.3%), from €9,257 to €11,781
of which Other amounts receivable: +€2,547
- Deferred charges and accrued income +€499
up €499 (+35.3%), from €1,414 to €1,914
- Reserves +€15,236
up €15,236 (+147.5%), from €10,326 to €25,563
- Trade debts +€12,320
up €12,320 (+1366.1%), from €902 to €13,222
- Tax, wage and social debts +€1,145
up €1,145 (+19879.3%), from €6 to €1,151
- Gross operating margin +€6,814
up €6,814 (+48.6%), from €14,030 to €20,843
- Taxes +€1,776
up €1,776 (+57.7%), from €3,075 to €4,851
- Depreciation +€357
new in 2025: €357
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 | €14,234 | €42,936 | +€28,702 | +201.6% |
| Fixed assets | 21/28 | - | €8,143 | +€8,143 | |
| Tangible fixed assets | 22/27 | - | €8,143 | +€8,143 | |
| Furniture and vehicles | 24 | - | €8,143 | +€8,143 | |
| Current assets | 29/58 | €14,234 | €34,793 | +€20,559 | +144.4% |
| Amounts receivable within one year | 40/41 | €9,257 | €11,781 | +€2,525 | +27.3% |
| Trade receivables | 40 | €7,358 | €7,335 | -€23 | -0.3% |
| Other amounts receivable | 41 | €1,899 | €4,446 | +€2,547 | +134.1% |
| Cash at bank and in hand | 54/58 | €3,563 | €21,098 | +€17,535 | +492.1% |
| Deferred charges and accrued income | 490/1 | €1,414 | €1,914 | +€499 | +35.3% |
| Total equity and liabilities | 10/49 | €14,234 | €42,936 | +€28,702 | +201.6% |
| Equity | 10/15 | €13,326 | €28,563 | +€15,236 | +114.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,326 | €25,563 | +€15,236 | +147.5% |
| Distributable reserves | 133 | €10,326 | €25,563 | +€15,236 | +147.5% |
| Amounts payable | 17/49 | €908 | €14,373 | +€13,465 | +1483.6% |
| Amounts payable within one year | 42/48 | €908 | €14,373 | +€13,465 | +1483.6% |
| Trade debts | 44 | €902 | €13,222 | +€12,320 | +1366.1% |
| Suppliers | 440/4 | €902 | €13,222 | +€12,320 | +1366.1% |
| Taxes, remuneration and social security | 45 | €6 | €1,151 | +€1,145 | +19879.3% |
| Taxes | 450/3 | €6 | €1,151 | +€1,145 | +19879.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €357 | +€357 | |
| Other operating charges | 640/8 | €408 | €302 | -€106 | -26.1% |
| Gross operating margin | 9900 | €14,030 | €20,843 | +€6,814 | +48.6% |
| Operating profit (loss) | 9901 | €13,622 | €20,185 | +€6,563 | +48.2% |
| Financial income | 75/76B | €18 | €99 | +€81 | +456.2% |
| Recurring financial income | 75 | €18 | €99 | +€81 | +456.2% |
| Financial charges | 65/66B | €238 | €197 | -€41 | -17.2% |
| Recurring financial charges | 65 | €238 | €197 | -€41 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €13,402 | €20,087 | +€6,685 | +49.9% |
| Income taxes | 67/77 | €3,075 | €4,851 | +€1,776 | +57.7% |
| Profit (loss) for the period | 9904 | €10,326 | €15,236 | +€4,910 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,326 | €15,236 | +€4,910 | +47.5% |
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 6 October 2026 via checked.be.