LA GERME DE BLE: 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.
LA GERME DE BLE
Largest movements
- Receivables within one year -€31,864
down €31,864 (-66.2%), from €48,121 to €16,257
of which Trade receivables: -€20,269
- Stocks and contracts -€17,159
down €17,159 (-46.0%), from €37,312 to €20,152
- Tangible fixed assets +€13,235
up €13,235 (+11.4%), from €115,592 to €128,827
of which Other tangible fixed assets: +€25,898
- Deferred charges and accrued income -€4,912
no longer reported in 2025 (was €4,912)
- Trade debts -€73,123
down €73,123 (-35.8%), from €204,083 to €130,959
- Tax, wage and social debts +€35,326
up €35,326 (+41.3%), from €85,629 to €120,954
of which Remuneration and social security: +€25,653
- Gross operating margin +€159,054
up €159,054 (+51.8%), from €306,808 to €465,861
- Staff costs +€153,832
up €153,832 (+60.5%), from €254,111 to €407,943
- Depreciation +€17,639
up €17,639 (+88.6%), from €19,912 to €37,552
- Other operating charges -€10,972
down €10,972 (-42.9%), from €25,551 to €14,579
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 | €274,182 | €234,797 | -€39,385 | -14.4% |
| Fixed assets | 21/28 | €115,592 | €128,827 | +€13,235 | +11.4% |
| Tangible fixed assets | 22/27 | €115,592 | €128,827 | +€13,235 | +11.4% |
| Land and buildings | 22 | €7,750 | €4,750 | -€3,000 | -38.7% |
| Plant, machinery and equipment | 23 | €7,953 | €7,251 | -€703 | -8.8% |
| Furniture and vehicles | 24 | €25,557 | €16,596 | -€8,961 | -35.1% |
| Other tangible fixed assets | 26 | €74,332 | €100,230 | +€25,898 | +34.8% |
| Current assets | 29/58 | €158,591 | €105,971 | -€52,620 | -33.2% |
| Stocks and contracts in progress | 3 | €37,312 | €20,152 | -€17,159 | -46.0% |
| Stocks | 30/36 | €37,312 | €20,152 | -€17,159 | -46.0% |
| Amounts receivable within one year | 40/41 | €48,121 | €16,257 | -€31,864 | -66.2% |
| Trade receivables | 40 | €24,700 | €4,431 | -€20,269 | -82.1% |
| Other amounts receivable | 41 | €23,421 | €11,826 | -€11,595 | -49.5% |
| Cash at bank and in hand | 54/58 | €68,246 | €69,561 | +€1,315 | +1.9% |
| Deferred charges and accrued income | 490/1 | €4,912 | - | -€4,912 | |
| Total equity and liabilities | 10/49 | €274,182 | €234,797 | -€39,385 | -14.4% |
| Equity | 10/15 | -€16,225 | -€18,150 | -€1,925 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €634 | €634 | = | 0.0% |
| Distributable reserves | 133 | €634 | €634 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,460 | -€37,384 | -€1,925 | -5.4% |
| Amounts payable | 17/49 | €290,408 | €252,947 | -€37,461 | -12.9% |
| Amounts payable within one year | 42/48 | €290,408 | €252,947 | -€37,461 | -12.9% |
| Trade debts | 44 | €204,083 | €130,959 | -€73,123 | -35.8% |
| Suppliers | 440/4 | €204,083 | €130,959 | -€73,123 | -35.8% |
| Taxes, remuneration and social security | 45 | €85,629 | €120,954 | +€35,326 | +41.3% |
| Taxes | 450/3 | €21,102 | €30,774 | +€9,672 | +45.8% |
| Remuneration and social security | 454/9 | €64,527 | €90,180 | +€25,653 | +39.8% |
| Other amounts payable | 47/48 | €696 | €1,033 | +€337 | +48.4% |
| Remuneration, social security and pensions | 62 | €254,111 | €407,943 | +€153,832 | +60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,912 | €37,552 | +€17,639 | +88.6% |
| Other operating charges | 640/8 | €25,551 | €14,579 | -€10,972 | -42.9% |
| Gross operating margin | 9900 | €306,808 | €465,861 | +€159,054 | +51.8% |
| Operating profit (loss) | 9901 | €7,233 | €5,788 | -€1,446 | -20.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,052 | €1,404 | -€3,647 | -72.2% |
| Recurring financial charges | 65 | €5,052 | €1,404 | -€3,647 | -72.2% |
| Profit (loss) for the period before taxes | 9903 | €2,181 | €4,383 | +€2,202 | +101% |
| Income taxes | 67/77 | €2,634 | €6,308 | +€3,674 | +139% |
| Profit (loss) for the period | 9904 | -€453 | -€1,925 | -€1,472 | -325% |
| Profit (loss) for the period to be appropriated | 9905 | -€453 | -€1,925 | -€1,472 | -325% |
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 29 October 2026 via checked.be.