GELEXA: 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.
GELEXA
Largest movements
- Current investments +€31,411
up €31,411 (+30.2%), from €103,885 to €135,295
- Cash +€26,387
up €26,387 (+32.5%), from €81,293 to €107,679
mainly Net result for the year (+€53,377) and Other debts (+€8,561)
- Reserves +€53,377
up €53,377 (+38.4%), from €139,080 to €192,456
of which Distributable reserves: +€53,377
- Other debts +€8,561
up €8,561, from €0 to €8,561
- Tax, wage and social debts -€5,288
down €5,288 (-21.1%), from €25,038 to €19,750
of which Taxes: -€5,310
- Gross operating margin +€10,509
up €10,509 (+15.7%), from €66,952 to €77,461
- Taxes +€3,234
up €3,234 (+17.0%), from €19,029 to €22,262
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 | €204,263 | €260,506 | +€56,243 | +27.5% |
| Fixed assets | 21/28 | €3,485 | €2,181 | -€1,304 | -37.4% |
| Tangible fixed assets | 22/27 | €3,485 | €2,181 | -€1,304 | -37.4% |
| Furniture and vehicles | 24 | €3,485 | €2,181 | -€1,304 | -37.4% |
| Current assets | 29/58 | €200,778 | €258,325 | +€57,547 | +28.7% |
| Amounts receivable within one year | 40/41 | €14,755 | €14,441 | -€314 | -2.1% |
| Trade receivables | 40 | €9,145 | €9,145 | = | 0.0% |
| Other amounts receivable | 41 | €5,610 | €5,296 | -€314 | -5.6% |
| Current investments | 50/53 | €103,885 | €135,295 | +€31,411 | +30.2% |
| Cash at bank and in hand | 54/58 | €81,293 | €107,679 | +€26,387 | +32.5% |
| Deferred charges and accrued income | 490/1 | €845 | €909 | +€64 | +7.5% |
| Total equity and liabilities | 10/49 | €204,263 | €260,506 | +€56,243 | +27.5% |
| Equity | 10/15 | €151,480 | €204,856 | +€53,377 | +35.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €139,080 | €192,456 | +€53,377 | +38.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €137,220 | €190,596 | +€53,377 | +38.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,783 | €55,649 | +€2,866 | +5.4% |
| Amounts payable within one year | 42/48 | €52,783 | €55,649 | +€2,866 | +5.4% |
| Trade debts | 44 | €27,745 | €27,339 | -€407 | -1.5% |
| Suppliers | 440/4 | €27,745 | €27,339 | -€407 | -1.5% |
| Taxes, remuneration and social security | 45 | €25,038 | €19,750 | -€5,288 | -21.1% |
| Taxes | 450/3 | €21,721 | €16,412 | -€5,310 | -24.4% |
| Remuneration and social security | 454/9 | €3,316 | €3,338 | +€22 | +0.7% |
| Other amounts payable | 47/48 | €0 | €8,561 | +€8,561 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,013 | €2,220 | +€208 | +10.3% |
| Other operating charges | 640/8 | €861 | €861 | +€0 | 0.0% |
| Gross operating margin | 9900 | €66,952 | €77,461 | +€10,509 | +15.7% |
| Operating profit (loss) | 9901 | €64,078 | €74,380 | +€10,301 | +16.1% |
| Financial income | 75/76B | €843 | €1,351 | +€507 | +60.2% |
| Recurring financial income | 75 | €843 | €1,351 | +€507 | +60.2% |
| Financial charges | 65/66B | €85 | €91 | +€7 | +7.7% |
| Recurring financial charges | 65 | €85 | €91 | +€7 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €64,837 | €75,639 | +€10,802 | +16.7% |
| Income taxes | 67/77 | €19,029 | €22,262 | +€3,234 | +17.0% |
| Profit (loss) for the period | 9904 | €45,808 | €53,377 | +€7,569 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,808 | €53,377 | +€7,569 | +16.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.