GELIMA: 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.
GELIMA
Largest movements
- Cash -€49,506
down €49,506 (-53.7%), from €92,218 to €42,712
mainly Contributions, distributions and other (-€68,244) and Trade debts (-€10,328)
- Tangible fixed assets -€7,012
down €7,012 (-49.2%), from €14,258 to €7,246
of which Furniture and vehicles: -€3,539
- Receivables within one year -€4,515
down €4,515 (-27.2%), from €16,600 to €12,085
of which Trade receivables: -€6,328
- Deferred charges and accrued income -€1,658
down €1,658 (-33.2%), from €5,000 to €3,343
- Profit (loss) carried forward -€52,190
down €52,190 (-100%), from €52,190 to €0
- Trade debts -€10,328
down €10,328 (-63.5%), from €16,275 to €5,947
- Tax, wage and social debts -€8,259
down €8,259 (-37.6%), from €21,955 to €13,695
- Other debts +€8,222
up €8,222 (+26.2%), from €31,418 to €39,640
- Depreciation -€12,715
down €12,715 (-76.9%), from €16,536 to €3,821
- Gross operating margin -€8,251
down €8,251 (-21.4%), from €38,568 to €30,317
- Taxes +€987
up €987 (+18.4%), from €5,369 to €6,357
- Other operating charges +€630
up €630 (+302%), from €209 to €839
- Financial charges +€576
up €576 (+21.5%), from €2,672 to €3,248
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 | €128,077 | €65,386 | -€62,691 | -48.9% |
| Fixed assets | 21/28 | €14,258 | €7,246 | -€7,012 | -49.2% |
| Tangible fixed assets | 22/27 | €14,258 | €7,246 | -€7,012 | -49.2% |
| Land and buildings | 22 | €10,691 | €7,218 | -€3,473 | -32.5% |
| Furniture and vehicles | 24 | €3,568 | €29 | -€3,539 | -99.2% |
| Current assets | 29/58 | €113,819 | €58,140 | -€55,678 | -48.9% |
| Amounts receivable within one year | 40/41 | €16,600 | €12,085 | -€4,515 | -27.2% |
| Trade receivables | 40 | €16,600 | €10,272 | -€6,328 | -38.1% |
| Other amounts receivable | 41 | - | €1,813 | +€1,813 | |
| Cash at bank and in hand | 54/58 | €92,218 | €42,712 | -€49,506 | -53.7% |
| Deferred charges and accrued income | 490/1 | €5,000 | €3,343 | -€1,658 | -33.2% |
| Total equity and liabilities | 10/49 | €128,077 | €65,386 | -€62,691 | -48.9% |
| Equity | 10/15 | €54,690 | €2,500 | -€52,190 | -95.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,190 | €0 | -€52,190 | -100% |
| Amounts payable | 17/49 | €73,387 | €62,886 | -€10,500 | -14.3% |
| Amounts payable within one year | 42/48 | €70,863 | €60,666 | -€10,197 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,216 | €1,385 | +€169 | +13.9% |
| Credit institutions | 430/8 | €0 | €1,385 | +€1,385 | |
| Other loans | 439 | €1,216 | €0 | -€1,216 | -100% |
| Trade debts | 44 | €16,275 | €5,947 | -€10,328 | -63.5% |
| Suppliers | 440/4 | €16,275 | €5,947 | -€10,328 | -63.5% |
| Taxes, remuneration and social security | 45 | €21,955 | €13,695 | -€8,259 | -37.6% |
| Taxes | 450/3 | €21,955 | €13,695 | -€8,259 | -37.6% |
| Other amounts payable | 47/48 | €31,418 | €39,640 | +€8,222 | +26.2% |
| Accrued charges and deferred income | 492/3 | €2,524 | €2,221 | -€303 | -12.0% |
| Non-recurring operating income | 76A | - | €11,420 | +€11,420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,536 | €3,821 | -€12,715 | -76.9% |
| Other operating charges | 640/8 | €209 | €839 | +€630 | +302% |
| Gross operating margin | 9900 | €38,568 | €30,317 | -€8,251 | -21.4% |
| Operating profit (loss) | 9901 | €21,823 | €25,658 | +€3,835 | +17.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,672 | €3,248 | +€576 | +21.5% |
| Recurring financial charges | 65 | €2,672 | €3,248 | +€576 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €19,151 | €22,410 | +€3,259 | +17.0% |
| Income taxes | 67/77 | €5,369 | €6,357 | +€987 | +18.4% |
| Profit (loss) for the period | 9904 | €13,782 | €16,053 | +€2,272 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,782 | €16,053 | +€2,272 | +16.5% |
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 23 October 2026 via checked.be.