GELILI: 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.
What changed
GELILI
NACE 66.220, Insurance agents and brokers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€132,059
2024 · €44,845+€87,215
Equity
€42,417
2024 · €73,571-€31,154
Cash
€61,307
2024 · €94,952-€33,644
Balance sheet total
€824,394
2024 · €889,829-€65,435
Largest movements
Assets
- Cash -€33,644
down €33,644 (-35.4%), from €94,952 to €61,307
mainly Contributions, distributions and other (-€163,213) and Debts after one year (-€40,815)
- Tangible fixed assets -€25,695
down €25,695 (-3.3%), from €771,580 to €745,885
of which Land and buildings: -€30,926
Equity and liabilities
- Debts after one year -€40,815
down €40,815 (-6.0%), from €677,303 to €636,488
of which Financial debts: -€40,871
- Profit (loss) carried forward -€29,941
down €29,941 (-99.6%), from €30,064 to €123
- Other debts +€11,996
up €11,996 (+18.5%), from €65,000 to €76,996
Income statement
- Gross operating margin +€91,032
up €91,032 (+62.3%), from €146,210 to €237,242
- Taxes +€23,695
up €23,695 (+192%), from €12,324 to €36,020
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.
Result 2024
€44,845
Gross operating margin
+€91,032
Staff costs
-€398
Depreciation
-€959
Other operating charges
+€365
Other operating items
+€18,924
Financial income
+€9
Financial charges
+€1,937
Taxes
-€23,695
Result 2025
€132,059
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€179,372
Investment
-€10,702
Financing
-€202,315
Cash 2024
€94,952
From operations (derived)
+€179,372
Net result for the year
+€132,059
Depreciation
+€36,397
Receivables within one year
+€703
Deferred charges and accrued income
+€5,394
Provisions
-€303
Trade debts
-€719
Tax, wage and social debts
-€7,521
Other debts
+€11,996
Accrued charges and deferred income
+€1,367
Investment (derived)
-€10,702
Investment in fixed assets (net)
-€10,702
Financing
-€202,315
Debts after one year
-€40,815
Current portion of long-term debt
+€1,558
Short-term financial debts
+€156
Contributions, distributions and other
-€163,213
Cash 2025
€61,307
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €889,829 | €824,394 | -€65,435 | -7.4% |
| Fixed assets | 21/28 | €771,580 | €745,885 | -€25,695 | -3.3% |
| Tangible fixed assets | 22/27 | €771,580 | €745,885 | -€25,695 | -3.3% |
| Land and buildings | 22 | €752,836 | €721,910 | -€30,926 | -4.1% |
| Furniture and vehicles | 24 | €7,338 | €4,886 | -€2,452 | -33.4% |
| Other tangible fixed assets | 26 | €11,405 | €17,637 | +€6,232 | +54.6% |
| Assets under construction and advance payments | 27 | - | €1,452 | +€1,452 | |
| Current assets | 29/58 | €118,249 | €78,508 | -€39,741 | -33.6% |
| Amounts receivable within one year | 40/41 | €15,526 | €14,823 | -€703 | -4.5% |
| Trade receivables | 40 | €12,564 | €12,823 | +€260 | +2.1% |
| Other amounts receivable | 41 | €2,963 | €2,000 | -€963 | -32.5% |
| Cash at bank and in hand | 54/58 | €94,952 | €61,307 | -€33,644 | -35.4% |
| Deferred charges and accrued income | 490/1 | €7,771 | €2,378 | -€5,394 | -69.4% |
| Total equity and liabilities | 10/49 | €889,829 | €824,394 | -€65,435 | -7.4% |
| Equity | 10/15 | €73,571 | €42,417 | -€31,154 | -42.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,064 | €123 | -€29,941 | -99.6% |
| Investment grants | 15 | €23,047 | €21,834 | -€1,213 | -5.3% |
| Provisions and deferred taxes | 16 | €5,762 | €5,458 | -€303 | -5.3% |
| Deferred taxes | 168 | €5,762 | €5,458 | -€303 | -5.3% |
| Amounts payable | 17/49 | €810,497 | €776,518 | -€33,978 | -4.2% |
| Amounts payable after more than one year | 17 | €677,303 | €636,488 | -€40,815 | -6.0% |
| Financial debts | 170/4 | €666,803 | €625,932 | -€40,871 | -6.1% |
| Other amounts payable | 178/9 | €10,500 | €10,556 | +€56 | +0.5% |
| Amounts payable within one year | 42/48 | €130,280 | €135,750 | +€5,470 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €39,313 | €40,871 | +€1,558 | +4.0% |
| Financial debts | 43 | €10 | €166 | +€156 | +1,558% |
| Credit institutions | 430/8 | €10 | €166 | +€156 | +1,558% |
| Trade debts | 44 | €9,556 | €8,836 | -€719 | -7.5% |
| Suppliers | 440/4 | €9,556 | €8,836 | -€719 | -7.5% |
| Taxes, remuneration and social security | 45 | €16,401 | €8,880 | -€7,521 | -45.9% |
| Taxes | 450/3 | €16,401 | €6,314 | -€10,087 | -61.5% |
| Remuneration and social security | 454/9 | €0 | €2,567 | +€2,567 | |
| Other amounts payable | 47/48 | €65,000 | €76,996 | +€11,996 | +18.5% |
| Accrued charges and deferred income | 492/3 | €2,914 | €4,281 | +€1,367 | +46.9% |
| Remuneration, social security and pensions | 62 | €5,187 | €5,585 | +€398 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,438 | €36,397 | +€959 | +2.7% |
| Other operating charges | 640/8 | €1,016 | €650 | -€365 | -36.0% |
| Non-recurring operating charges | 66A | €18,924 | €0 | -€18,924 | -100% |
| Gross operating margin | 9900 | €146,210 | €237,242 | +€91,032 | +62.3% |
| Operating profit (loss) | 9901 | €85,646 | €194,610 | +€108,964 | +127% |
| Financial income | 75/76B | €1,269 | €1,278 | +€9 | +0.7% |
| Recurring financial income | 75 | €1,269 | €1,278 | +€9 | +0.7% |
| Financial charges | 65/66B | €30,049 | €28,113 | -€1,937 | -6.4% |
| Recurring financial charges | 65 | €30,049 | €28,113 | -€1,937 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €56,866 | €167,776 | +€110,910 | +195% |
| Transfer from deferred taxes | 780 | €303 | €303 | = | 0.0% |
| Income taxes | 67/77 | €12,324 | €36,020 | +€23,695 | +192% |
| Profit (loss) for the period | 9904 | €44,845 | €132,059 | +€87,215 | +194% |
| Profit (loss) for the period to be appropriated | 9905 | €44,845 | €132,059 | +€87,215 | +194% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.