GELIMMO: what changed
Two fiscal 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.
GELIMMO
Largest movements
- Receivables within one year -€34,420
down €34,420 (-28.2%), from €122,101 to €87,681
of which Trade receivables: -€34,420
- Tangible fixed assets -€29,859
down €29,859 (-2.7%), from €1.1m to €1.1m
of which Land and buildings: -€29,859
- Other debts -€185,791
down €185,791 (-70.6%), from €263,283 to €77,493
- Reserves +€168,958
up €168,958 (+22.1%), from €763,748 to €932,706
of which Distributable reserves: +€168,958
- Accrued charges and deferred income -€44,021
down €44,021 (-43.6%), from €100,960 to €56,939
No income-statement line moved by more than 1% of the activity.
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.
Cash bridge derived
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 | €1,221,022 | €1,156,375 | -€64,647 | -5.3% |
| Fixed assets | 21/28 | €1,090,903 | €1,061,045 | -€29,859 | -2.7% |
| Tangible fixed assets | 22/27 | €1,090,903 | €1,061,045 | -€29,859 | -2.7% |
| Land and buildings | 22 | €1,090,903 | €1,061,045 | -€29,859 | -2.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €130,119 | €95,331 | -€34,788 | -26.7% |
| Amounts receivable within one year | 40/41 | €122,101 | €87,681 | -€34,420 | -28.2% |
| Trade receivables | 40 | €122,101 | €87,681 | -€34,420 | -28.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,699 | €4,545 | -€3,155 | -41.0% |
| Deferred charges and accrued income | 490/1 | €318 | €3,105 | +€2,787 | +875.1% |
| Total equity and liabilities | 10/49 | €1,221,022 | €1,156,375 | -€64,647 | -5.3% |
| Equity | 10/15 | €825,289 | €994,247 | +€168,958 | +20.5% |
| Contributions | 10/11 | €61,541 | €61,541 | = | 0.0% |
| Capital | 10 | €61,541 | €61,541 | = | 0.0% |
| Issued capital | 100 | €61,541 | €61,541 | = | 0.0% |
| Reserves | 13 | €763,748 | €932,706 | +€168,958 | +22.1% |
| Non-distributable reserves | 130/1 | €49,282 | €49,282 | = | 0.0% |
| Legal reserve | 130 | €49,282 | €49,282 | = | 0.0% |
| Distributable reserves | 133 | €714,466 | €883,424 | +€168,958 | +23.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €395,733 | €162,129 | -€233,605 | -59.0% |
| Amounts payable within one year | 42/48 | €294,774 | €105,190 | -€189,584 | -64.3% |
| Trade debts | 44 | - | €350 | +€350 | |
| Suppliers | 440/4 | - | €350 | +€350 | |
| Taxes, remuneration and social security | 45 | €31,491 | €27,347 | -€4,144 | -13.2% |
| Taxes | 450/3 | €31,491 | €27,347 | -€4,144 | -13.2% |
| Other amounts payable | 47/48 | €263,283 | €77,493 | -€185,791 | -70.6% |
| Accrued charges and deferred income | 492/3 | €100,960 | €56,939 | -€44,021 | -43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,333 | €29,859 | -€475 | -1.6% |
| Other operating charges | 640/8 | €12,711 | €13,109 | +€398 | +3.1% |
| Gross operating margin | 9900 | €294,390 | €293,289 | -€1,101 | -0.4% |
| Operating profit (loss) | 9901 | €251,346 | €250,321 | -€1,024 | -0.4% |
| Financial charges | 65/66B | €4,661 | €2,517 | -€2,144 | -46.0% |
| Recurring financial charges | 65 | €4,661 | €2,517 | -€2,144 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €246,685 | €247,805 | +€1,120 | +0.5% |
| Income taxes | 67/77 | €78,491 | €78,847 | +€356 | +0.5% |
| Profit (loss) for the period | 9904 | €168,194 | €168,958 | +€764 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €168,194 | €168,958 | +€764 | +0.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.