LA GERONSTERE: 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 GERONSTERE
Largest movements
- Formation expenses +€78,561
new in 2024: €78,561
- Stocks and contracts +€15,665
up €15,665 (+157%), from €10,002 to €25,667
- Cash -€12,994
down €12,994 (-17.4%), from €74,775 to €61,781
mainly Other debts (-€144,117) and Investment in fixed assets (net) (-€81,319)
- Receivables within one year -€4,057
down €4,057 (-4.1%), from €99,623 to €95,566
of which Other amounts receivable: -€45,789
- Trade debts +€222,411
up €222,411 (+2,838%), from €7,838 to €230,249
- Other debts -€144,117
down €144,117 (-98.4%), from €146,495 to €2,379
- Profit (loss) carried forward -€52,598
down €52,598, from €20,945 to -€31,653
- Tax, wage and social debts +€46,701
up €46,701 (+521%), from €8,968 to €55,669
of which Remuneration and social security: +€39,023
- Advances received +€9,410
new in 2024: €9,410
- Staff costs +€126,717
up €126,717 (+258%), from €49,148 to €175,865
- Gross operating margin -€31,933
down €31,933 (-37.3%), from €85,565 to €53,632
- Taxes -€8,248
no longer reported in 2024 (was €8,248)
- Provisions -€3,900
down €3,900, from €1,950 to -€1,950
- Financial charges +€3,774
up €3,774 (+154%), from €2,447 to €6,221
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €186,796 | €267,591 | +€80,795 | +43.3% |
| Formation expenses | 20 | - | €78,561 | +€78,561 | |
| Fixed assets | 21/28 | - | €2,222 | +€2,222 | |
| Tangible fixed assets | 22/27 | - | €2,222 | +€2,222 | |
| Furniture and vehicles | 24 | - | €2,222 | +€2,222 | |
| Current assets | 29/58 | €186,796 | €186,808 | +€12 | 0.0% |
| Stocks and contracts in progress | 3 | €10,002 | €25,667 | +€15,665 | +157% |
| Stocks | 30/36 | €10,002 | €25,667 | +€15,665 | +157% |
| Amounts receivable within one year | 40/41 | €99,623 | €95,566 | -€4,057 | -4.1% |
| Trade receivables | 40 | €50,880 | €92,612 | +€41,732 | +82.0% |
| Other amounts receivable | 41 | €48,743 | €2,954 | -€45,789 | -93.9% |
| Cash at bank and in hand | 54/58 | €74,775 | €61,781 | -€12,994 | -17.4% |
| Deferred charges and accrued income | 490/1 | €2,396 | €3,794 | +€1,398 | +58.3% |
| Total equity and liabilities | 10/49 | €186,796 | €267,591 | +€80,795 | +43.3% |
| Equity | 10/15 | €21,545 | -€31,053 | -€52,598 | |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,945 | -€31,653 | -€52,598 | |
| Provisions and deferred taxes | 16 | €1,950 | - | -€1,950 | |
| Provisions for liabilities and charges | 160/5 | €1,950 | - | -€1,950 | |
| Other liabilities and charges | 164/5 | €1,950 | - | -€1,950 | |
| Amounts payable | 17/49 | €163,301 | €298,644 | +€135,343 | +82.9% |
| Amounts payable within one year | 42/48 | €163,301 | €297,706 | +€134,405 | +82.3% |
| Trade debts | 44 | €7,838 | €230,249 | +€222,411 | +2,838% |
| Suppliers | 440/4 | €7,838 | €230,249 | +€222,411 | +2,838% |
| Advances received on contracts in progress | 46 | - | €9,410 | +€9,410 | |
| Taxes, remuneration and social security | 45 | €8,968 | €55,669 | +€46,701 | +521% |
| Taxes | 450/3 | €5,804 | €13,482 | +€7,678 | +132% |
| Remuneration and social security | 454/9 | €3,164 | €42,187 | +€39,023 | +1,233% |
| Other amounts payable | 47/48 | €146,495 | €2,379 | -€144,117 | -98.4% |
| Accrued charges and deferred income | 492/3 | - | €938 | +€938 | |
| Remuneration, social security and pensions | 62 | €49,148 | €175,865 | +€126,717 | +258% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €536 | +€536 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,950 | -€1,950 | -€3,900 | |
| Other operating charges | 640/8 | €2,908 | €3,378 | +€471 | +16.2% |
| Operating charges capitalised as restructuring costs | 649 | - | -€78,604 | -€78,604 | |
| Gross operating margin | 9900 | €85,565 | €53,632 | -€31,933 | -37.3% |
| Operating profit (loss) | 9901 | €31,559 | -€45,594 | -€77,153 | |
| Financial income | 75/76B | €80 | €6 | -€74 | -92.5% |
| Recurring financial income | 75 | €80 | €6 | -€74 | -92.5% |
| Financial charges | 65/66B | €2,447 | €6,221 | +€3,774 | +154% |
| Recurring financial charges | 65 | €2,447 | €6,221 | +€3,774 | +154% |
| Profit (loss) for the period before taxes | 9903 | €29,193 | -€51,809 | -€81,002 | |
| Income taxes | 67/77 | €8,248 | - | -€8,248 | |
| Profit (loss) for the period | 9904 | €20,945 | -€51,809 | -€72,754 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,945 | -€51,809 | -€72,754 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.