GERRY ONBELET: 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.
GERRY ONBELET
Largest movements
- Cash -€22,221
down €22,221 (-53.3%), from €41,660 to €19,439
mainly Net result for the year (-€9,927) and Trade debts (-€7,625)
- Profit (loss) carried forward -€9,927
down €9,927 (-13.9%), from €71,403 to €61,476
- Trade debts -€7,625
down €7,625 (-74.4%), from €10,248 to €2,623
- Tax, wage and social debts -€5,943
down €5,943 (-76.0%), from €7,816 to €1,873
of which Taxes: -€5,958
- Other debts +€1,471
up €1,471 (+22.4%), from €6,574 to €8,045
- Gross operating margin -€36,143
down €36,143, from €27,298 to -€8,845
- Taxes -€6,751
down €6,751 (-96.8%), from €6,973 to €222
- Depreciation -€402
down €402 (-50.3%), from €800 to €398
- Financial income +€385
up €385 (+158%), from €244 to €629
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 | €137,199 | €115,175 | -€22,025 | -16.1% |
| Fixed assets | 21/28 | €435 | €37 | -€398 | -91.5% |
| Tangible fixed assets | 22/27 | €398 | - | -€398 | |
| Plant, machinery and equipment | 23 | €398 | - | -€398 | |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €136,764 | €115,138 | -€21,627 | -15.8% |
| Amounts receivable within one year | 40/41 | - | €157 | +€157 | |
| Other amounts receivable | 41 | - | €157 | +€157 | |
| Current investments | 50/53 | €95,104 | €95,542 | +€437 | +0.5% |
| Cash at bank and in hand | 54/58 | €41,660 | €19,439 | -€22,221 | -53.3% |
| Total equity and liabilities | 10/49 | €137,199 | €115,175 | -€22,025 | -16.1% |
| Equity | 10/15 | €112,562 | €102,635 | -€9,927 | -8.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,759 | €28,759 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €26,900 | €26,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,403 | €61,476 | -€9,927 | -13.9% |
| Amounts payable | 17/49 | €24,638 | €12,540 | -€12,098 | -49.1% |
| Amounts payable within one year | 42/48 | €24,638 | €12,540 | -€12,098 | -49.1% |
| Trade debts | 44 | €10,248 | €2,623 | -€7,625 | -74.4% |
| Suppliers | 440/4 | €10,248 | €2,623 | -€7,625 | -74.4% |
| Taxes, remuneration and social security | 45 | €7,816 | €1,873 | -€5,943 | -76.0% |
| Taxes | 450/3 | €5,991 | €33 | -€5,958 | -99.4% |
| Remuneration and social security | 454/9 | €1,826 | €1,840 | +€14 | +0.8% |
| Other amounts payable | 47/48 | €6,574 | €8,045 | +€1,471 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €800 | €398 | -€402 | -50.3% |
| Other operating charges | 640/8 | €791 | €817 | +€26 | +3.3% |
| Gross operating margin | 9900 | €27,298 | -€8,845 | -€36,143 | |
| Operating profit (loss) | 9901 | €25,707 | -€10,060 | -€35,767 | |
| Financial income | 75/76B | €244 | €629 | +€385 | +158% |
| Recurring financial income | 75 | €244 | €629 | +€385 | +158% |
| Financial charges | 65/66B | €255 | €275 | +€19 | +7.6% |
| Recurring financial charges | 65 | €255 | €275 | +€19 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €25,696 | -€9,705 | -€35,401 | |
| Income taxes | 67/77 | €6,973 | €222 | -€6,751 | -96.8% |
| Profit (loss) for the period | 9904 | €18,723 | -€9,927 | -€28,650 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,723 | -€9,927 | -€28,650 |
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 21 October 2026 via checked.be.