GERFIN: what changed
GERFIN
Largest movements
- Receivables within one year -€119,443
down €119,443 (-66.1%), from €180,677 to €61,234
- Other debts -€115,000
down €115,000 (-42.7%), from €269,399 to €154,399
- Profit (loss) carried forward -€4,194
down €4,194 (-4.3%), from -€97,982 to -€102,177
- Gross operating margin -€1,947
down €1,947 (-168%), from -€1,159 to -€3,106
- Other operating charges +€573
up €573 (+134%), from €427 to €1,000
- Financial charges +€47
up €47 (+114%), from €42 to €89
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €180,766 | €61,234 | -€119,532 | -66.1% |
| Current assets | 29/58 | €180,766 | €61,234 | -€119,532 | -66.1% |
| Amounts receivable within one year | 40/41 | €180,677 | €61,234 | -€119,443 | -66.1% |
| Other amounts receivable | 41 | €180,677 | €61,234 | -€119,443 | -66.1% |
| Cash at bank and in hand | 54/58 | €89 | €0 | -€89 | -100% |
| Total equity and liabilities | 10/49 | €180,766 | €61,234 | -€119,532 | -66.1% |
| Equity | 10/15 | -€91,785 | -€95,979 | -€4,194 | -4.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,982 | -€102,177 | -€4,194 | -4.3% |
| Amounts payable | 17/49 | €272,551 | €157,214 | -€115,337 | -42.3% |
| Amounts payable within one year | 42/48 | €272,551 | €157,214 | -€115,337 | -42.3% |
| Trade debts | 44 | €3,152 | €2,814 | -€337 | -10.7% |
| Suppliers | 440/4 | €3,152 | €2,814 | -€337 | -10.7% |
| Other amounts payable | 47/48 | €269,399 | €154,399 | -€115,000 | -42.7% |
| Other operating charges | 640/8 | €427 | €1,000 | +€573 | +134% |
| Gross operating margin | 9900 | -€1,159 | -€3,106 | -€1,947 | -168% |
| Operating profit (loss) | 9901 | -€1,586 | -€4,105 | -€2,520 | -159% |
| Financial charges | 65/66B | €42 | €89 | +€47 | +114% |
| Recurring financial charges | 65 | €42 | €89 | +€47 | +114% |
| Profit (loss) for the period before taxes | 9903 | -€1,627 | -€4,194 | -€2,567 | -158% |
| Profit (loss) for the period | 9904 | -€1,627 | -€4,194 | -€2,567 | -158% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,627 | -€4,194 | -€2,567 | -158% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.