S & S GERIMAR: 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.
S & S GERIMAR
Largest movements
- Tangible fixed assets +€6,736
up €6,736 (+7.8%), from €85,833 to €92,569
- Cash +€1,049
up €1,049 (+2530.9%), from €41 to €1,090
mainly Net result for the year (+€13,327) and Tax, wage and social debts (+€6,226)
- Profit (loss) carried forward +€13,327
up €13,327 (+9.5%), from -€140,906 to -€127,579
- Other debts -€11,522
down €11,522 (-7.3%), from €157,160 to €145,638
- Tax, wage and social debts +€6,226
up €6,226 (+171.8%), from €3,624 to €9,850
- Gross operating margin +€7,042
up €7,042 (+30.5%), from €23,107 to €30,148
- Taxes +€2,603
up €2,603 (+71.8%), from €3,624 to €6,226
- Other operating charges -€1,488
down €1,488 (-19.3%), from €7,691 to €6,203
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.
Cash bridge derived
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 | €86,180 | €94,117 | +€7,937 | +9.2% |
| Fixed assets | 21/28 | €85,982 | €92,718 | +€6,736 | +7.8% |
| Tangible fixed assets | 22/27 | €85,833 | €92,569 | +€6,736 | +7.8% |
| Land and buildings | 22 | €85,833 | €92,569 | +€6,736 | +7.8% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €198 | €1,399 | +€1,201 | +606.8% |
| Amounts receivable within one year | 40/41 | €157 | €309 | +€153 | +97.5% |
| Other amounts receivable | 41 | €157 | €309 | +€153 | +97.5% |
| Cash at bank and in hand | 54/58 | €41 | €1,090 | +€1,049 | +2530.9% |
| Total equity and liabilities | 10/49 | €86,180 | €94,117 | +€7,937 | +9.2% |
| Equity | 10/15 | -€75,446 | -€62,119 | +€13,327 | +17.7% |
| Contributions | 10/11 | €63,213 | €63,213 | = | 0.0% |
| Capital | 10 | €63,213 | €63,213 | = | 0.0% |
| Issued capital | 100 | €63,213 | €63,213 | = | 0.0% |
| Reserves | 13 | €2,247 | €2,247 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,247 | €2,247 | = | 0.0% |
| Legal reserve | 130 | €2,247 | €2,247 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,906 | -€127,579 | +€13,327 | +9.5% |
| Amounts payable | 17/49 | €161,625 | €156,235 | -€5,390 | -3.3% |
| Amounts payable within one year | 42/48 | €161,625 | €156,235 | -€5,390 | -3.3% |
| Trade debts | 44 | €842 | €748 | -€94 | -11.2% |
| Suppliers | 440/4 | €842 | €748 | -€94 | -11.2% |
| Taxes, remuneration and social security | 45 | €3,624 | €9,850 | +€6,226 | +171.8% |
| Taxes | 450/3 | €3,624 | €9,850 | +€6,226 | +171.8% |
| Other amounts payable | 47/48 | €157,160 | €145,638 | -€11,522 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,171 | €4,308 | +€137 | +3.3% |
| Other operating charges | 640/8 | €7,691 | €6,203 | -€1,488 | -19.3% |
| Gross operating margin | 9900 | €23,107 | €30,148 | +€7,042 | +30.5% |
| Operating profit (loss) | 9901 | €11,245 | €19,637 | +€8,392 | +74.6% |
| Financial charges | 65/66B | €131 | €84 | -€47 | -36.0% |
| Recurring financial charges | 65 | €131 | €84 | -€47 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €11,115 | €19,554 | +€8,439 | +75.9% |
| Income taxes | 67/77 | €3,624 | €6,226 | +€2,603 | +71.8% |
| Profit (loss) for the period | 9904 | €7,491 | €13,327 | +€5,836 | +77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,491 | €13,327 | +€5,836 | +77.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.