Gerry Pelgrims: 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 Pelgrims
Largest movements
- Cash +€118,965
up €118,965 (+42.1%), from €282,366 to €401,331
mainly Net result for the year (+€145,396) and Depreciation (+€924)
- Receivables within one year +€20,162
up €20,162 (+85.0%), from €23,720 to €43,882
of which Trade receivables: +€19,533
- Reserves +€144,563
up €144,563 (+54.2%), from €266,744 to €411,306
- Gross operating margin -€2,802
down €2,802 (-1.5%), from €192,952 to €190,150
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 | €310,128 | €451,881 | +€141,753 | +45.7% |
| Fixed assets | 21/28 | €2,745 | €5,031 | +€2,286 | +83.3% |
| Tangible fixed assets | 22/27 | €2,745 | €5,031 | +€2,286 | +83.3% |
| Furniture and vehicles | 24 | €2,745 | €3,055 | +€310 | +11.3% |
| Other tangible fixed assets | 26 | - | €1,976 | +€1,976 | |
| Current assets | 29/58 | €307,384 | €446,850 | +€139,467 | +45.4% |
| Amounts receivable within one year | 40/41 | €23,720 | €43,882 | +€20,162 | +85.0% |
| Trade receivables | 40 | €23,720 | €43,253 | +€19,533 | +82.3% |
| Other amounts receivable | 41 | - | €629 | +€629 | |
| Cash at bank and in hand | 54/58 | €282,366 | €401,331 | +€118,965 | +42.1% |
| Deferred charges and accrued income | 490/1 | €1,297 | €1,637 | +€340 | +26.2% |
| Total equity and liabilities | 10/49 | €310,128 | €451,881 | +€141,753 | +45.7% |
| Equity | 10/15 | €281,744 | €426,306 | +€144,563 | +51.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €266,744 | €411,306 | +€144,563 | +54.2% |
| Distributable reserves | 133 | €266,744 | €411,306 | +€144,563 | +54.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,385 | €25,575 | -€2,810 | -9.9% |
| Amounts payable within one year | 42/48 | €28,385 | €25,575 | -€2,810 | -9.9% |
| Trade debts | 44 | €1,900 | €1,703 | -€196 | -10.3% |
| Suppliers | 440/4 | €1,900 | €1,703 | -€196 | -10.3% |
| Taxes, remuneration and social security | 45 | €14,093 | €10,811 | -€3,282 | -23.3% |
| Taxes | 450/3 | €14,093 | €10,811 | -€3,282 | -23.3% |
| Other amounts payable | 47/48 | €12,392 | €13,061 | +€668 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €853 | €924 | +€71 | +8.3% |
| Other operating charges | 640/8 | €880 | €633 | -€247 | -28.1% |
| Gross operating margin | 9900 | €192,952 | €190,150 | -€2,802 | -1.5% |
| Operating profit (loss) | 9901 | €191,218 | €188,593 | -€2,626 | -1.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €872 | €825 | -€47 | -5.4% |
| Recurring financial charges | 65 | €872 | €825 | -€47 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €190,346 | €187,767 | -€2,579 | -1.4% |
| Income taxes | 67/77 | €42,980 | €42,371 | -€609 | -1.4% |
| Profit (loss) for the period | 9904 | €147,366 | €145,396 | -€1,970 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €147,366 | €145,396 | -€1,970 | -1.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.