GELATI DEBUE: what changed
What changed
GELATI DEBUE
NACE 10.520, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
€8,266
2025 · €13,005-€4,740
Equity
€141,717
2025 · €133,451+€8,266
Cash
€10,530
2025 · €9,646+€885
Balance sheet total
€304,669
2025 · €312,700-€8,031
Largest movements
Assets
- Tangible fixed assets -€11,714
down €11,714 (-4.4%), from €263,579 to €251,864
of which Land and buildings: -€8,828
Equity and liabilities
- Debts after one year -€25,661
down €25,661 (-41.7%), from €61,532 to €35,871
- Trade debts +€21,763
up €21,763 (+244%), from €8,915 to €30,678
- Other debts -€8,398
down €8,398 (-11.6%), from €72,453 to €64,054
- Reserves +€8,266
up €8,266 (+7.6%), from €108,123 to €116,389
of which Distributable reserves: +€8,266
Income statement
- Gross operating margin -€6,884
down €6,884 (-9.9%), from €69,728 to €62,844
- Financial charges -€2,132
down €2,132 (-24.8%), from €8,608 to €6,476
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€13,005
Gross operating margin
-€6,884
Staff costs
+€295
Depreciation
-€428
Other operating charges
+€101
Financial income
-€44
Financial charges
+€2,132
Taxes
+€89
Result 2026
€8,266
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€57,597
Investment
-€30,970
Financing
-€25,742
Cash 2025
€9,646
From operations (derived)
+€57,597
Net result for the year
+€8,266
Depreciation
+€42,684
Stocks and contracts
-€1,083
Receivables within one year
-€381
Deferred charges and accrued income
-€1,334
Trade debts
+€21,763
Tax, wage and social debts
-€2,174
Other debts
-€8,398
Accrued charges and deferred income
-€1,746
Investment (derived)
-€30,970
Investment in fixed assets (net)
-€30,970
Financing
-€25,742
Debts after one year
-€25,661
Current portion of long-term debt
-€81
Cash 2026
€10,530
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,700 | €304,669 | -€8,031 | -2.6% |
| Fixed assets | 21/28 | €263,579 | €251,864 | -€11,714 | -4.4% |
| Tangible fixed assets | 22/27 | €263,579 | €251,864 | -€11,714 | -4.4% |
| Land and buildings | 22 | €186,761 | €177,933 | -€8,828 | -4.7% |
| Plant, machinery and equipment | 23 | €66,969 | €69,377 | +€2,408 | +3.6% |
| Furniture and vehicles | 24 | €9,848 | €4,554 | -€5,294 | -53.8% |
| Current assets | 29/58 | €49,121 | €52,804 | +€3,683 | +7.5% |
| Stocks and contracts in progress | 3 | €16,808 | €17,891 | +€1,083 | +6.4% |
| Stocks | 30/36 | €16,808 | €17,891 | +€1,083 | +6.4% |
| Amounts receivable within one year | 40/41 | €18,378 | €18,759 | +€381 | +2.1% |
| Trade receivables | 40 | €18,093 | €17,999 | -€93 | -0.5% |
| Other amounts receivable | 41 | €285 | €760 | +€474 | +166% |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,646 | €10,530 | +€885 | +9.2% |
| Deferred charges and accrued income | 490/1 | €4,288 | €5,623 | +€1,334 | +31.1% |
| Total equity and liabilities | 10/49 | €312,700 | €304,669 | -€8,031 | -2.6% |
| Equity | 10/15 | €133,451 | €141,717 | +€8,266 | +6.2% |
| Contributions | 10/11 | €25,050 | €25,050 | = | 0.0% |
| Reserves | 13 | €108,123 | €116,389 | +€8,266 | +7.6% |
| Tax-exempt reserves | 132 | €5,595 | €5,595 | = | 0.0% |
| Distributable reserves | 133 | €102,528 | €110,794 | +€8,266 | +8.1% |
| Profit (loss) carried forward | 14 | €279 | €279 | = | 0.0% |
| Amounts payable | 17/49 | €179,248 | €162,951 | -€16,297 | -9.1% |
| Amounts payable after more than one year | 17 | €61,532 | €35,871 | -€25,661 | -41.7% |
| Financial debts | 170/4 | €61,532 | €35,871 | -€25,661 | -41.7% |
| Amounts payable within one year | 42/48 | €111,182 | €122,291 | +€11,109 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €25,742 | €25,661 | -€81 | -0.3% |
| Trade debts | 44 | €8,915 | €30,678 | +€21,763 | +244% |
| Suppliers | 440/4 | €8,915 | €30,678 | +€21,763 | +244% |
| Taxes, remuneration and social security | 45 | €4,073 | €1,898 | -€2,174 | -53.4% |
| Taxes | 450/3 | €4,073 | €1,898 | -€2,174 | -53.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €72,453 | €64,054 | -€8,398 | -11.6% |
| Accrued charges and deferred income | 492/3 | €6,534 | €4,789 | -€1,746 | -26.7% |
| Remuneration, social security and pensions | 62 | €295 | - | -€295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,257 | €42,684 | +€428 | +1.0% |
| Other operating charges | 640/8 | €2,649 | €2,549 | -€101 | -3.8% |
| Gross operating margin | 9900 | €69,728 | €62,844 | -€6,884 | -9.9% |
| Operating profit (loss) | 9901 | €24,527 | €17,611 | -€6,916 | -28.2% |
| Financial income | 75/76B | €76 | €32 | -€44 | -57.5% |
| Recurring financial income | 75 | €76 | €32 | -€44 | -57.5% |
| Financial charges | 65/66B | €8,608 | €6,476 | -€2,132 | -24.8% |
| Recurring financial charges | 65 | €8,608 | €6,476 | -€2,132 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €15,995 | €11,167 | -€4,828 | -30.2% |
| Income taxes | 67/77 | €2,990 | €2,901 | -€89 | -3.0% |
| Profit (loss) for the period | 9904 | €13,005 | €8,266 | -€4,740 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,005 | €8,266 | -€4,740 | -36.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.