GELENNE GESTION: 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.
GELENNE GESTION
Largest movements
- Receivables within one year -€16,091
down €16,091 (-45.9%), from €35,030 to €18,938
of which Trade receivables: -€35,030
- Tangible fixed assets +€6,107
up €6,107 (+24.5%), from €24,908 to €31,014
of which Furniture and vehicles: +€3,158
- Cash +€2,803
up €2,803 (+1.5%), from €184,274 to €187,078
mainly Net result for the year (+€34,714) and Receivables within one year (+€16,091)
- Reserves +€34,714
up €34,714 (+21.2%), from €163,772 to €198,486
- Other debts -€33,407
no longer reported in 2025 (was €33,407)
- Tax, wage and social debts -€7,308
down €7,308 (-28.8%), from €25,401 to €18,093
- Depreciation -€6,679
down €6,679 (-92.9%), from €7,186 to €508
- Taxes +€2,294
up €2,294 (+14.6%), from €15,743 to €18,037
- Gross operating margin +€1,113
up €1,113 (+2.1%), from €52,740 to €53,852
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 | €246,732 | €238,804 | -€7,927 | -3.2% |
| Fixed assets | 21/28 | €25,908 | €31,014 | +€5,107 | +19.7% |
| Tangible fixed assets | 22/27 | €24,908 | €31,014 | +€6,107 | +24.5% |
| Furniture and vehicles | 24 | €8,472 | €11,630 | +€3,158 | +37.3% |
| Leasing and similar rights | 25 | €1,286 | €1,231 | -€56 | -4.3% |
| Other tangible fixed assets | 26 | €15,149 | €18,154 | +€3,004 | +19.8% |
| Financial fixed assets | 28 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €220,824 | €207,790 | -€13,034 | -5.9% |
| Amounts receivable within one year | 40/41 | €35,030 | €18,938 | -€16,091 | -45.9% |
| Trade receivables | 40 | €35,030 | - | -€35,030 | |
| Other amounts receivable | 41 | - | €18,938 | +€18,938 | |
| Cash at bank and in hand | 54/58 | €184,274 | €187,078 | +€2,803 | +1.5% |
| Deferred charges and accrued income | 490/1 | €1,520 | €1,774 | +€254 | +16.7% |
| Total equity and liabilities | 10/49 | €246,732 | €238,804 | -€7,927 | -3.2% |
| Equity | 10/15 | €182,372 | €217,086 | +€34,714 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,772 | €198,486 | +€34,714 | +21.2% |
| Distributable reserves | 133 | €163,772 | €198,486 | +€34,714 | +21.2% |
| Amounts payable | 17/49 | €64,359 | €21,718 | -€42,641 | -66.3% |
| Amounts payable within one year | 42/48 | €64,359 | €21,718 | -€42,641 | -66.3% |
| Trade debts | 44 | €5,551 | €3,625 | -€1,926 | -34.7% |
| Suppliers | 440/4 | €5,551 | €3,625 | -€1,926 | -34.7% |
| Taxes, remuneration and social security | 45 | €25,401 | €18,093 | -€7,308 | -28.8% |
| Taxes | 450/3 | €25,401 | €18,093 | -€7,308 | -28.8% |
| Other amounts payable | 47/48 | €33,407 | - | -€33,407 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,186 | €508 | -€6,679 | -92.9% |
| Other operating charges | 640/8 | €549 | €433 | -€116 | -21.1% |
| Gross operating margin | 9900 | €52,740 | €53,852 | +€1,113 | +2.1% |
| Operating profit (loss) | 9901 | €45,004 | €52,911 | +€7,907 | +17.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €156 | €160 | +€4 | +2.4% |
| Recurring financial charges | 65 | €156 | €160 | +€4 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €44,848 | €52,751 | +€7,903 | +17.6% |
| Income taxes | 67/77 | €15,743 | €18,037 | +€2,294 | +14.6% |
| Profit (loss) for the period | 9904 | €29,105 | €34,714 | +€5,609 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,105 | €34,714 | +€5,609 | +19.3% |
Source: filed annual accounts (NBB), financial years ended 1 July 2024 and 1 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.