GELISSEN MANAGEMENT: 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.
GELISSEN MANAGEMENT
Largest movements
- Cash +€9,638
up €9,638 (+172%), from €5,611 to €15,249
mainly Depreciation (+€4,454) and Receivables within one year (+€3,815)
- Tangible fixed assets -€4,454
down €4,454 (-5.2%), from €84,844 to €80,390
of which Land and buildings: -€4,454
- Receivables within one year -€3,815
down €3,815 (-93.7%), from €4,071 to €256
of which Trade receivables: -€3,000
- Trade debts +€1,604
new in 2025: €1,604
- Gross operating margin -€2,588
down €2,588 (-24.9%), from €10,396 to €7,808
- Taxes -€727
down €727 (-79.8%), from €911 to €184
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 | €94,775 | €96,157 | +€1,382 | +1.5% |
| Fixed assets | 21/28 | €84,844 | €80,390 | -€4,454 | -5.2% |
| Tangible fixed assets | 22/27 | €84,844 | €80,390 | -€4,454 | -5.2% |
| Land and buildings | 22 | €84,844 | €80,390 | -€4,454 | -5.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €9,931 | €15,767 | +€5,836 | +58.8% |
| Amounts receivable within one year | 40/41 | €4,071 | €256 | -€3,815 | -93.7% |
| Trade receivables | 40 | €3,000 | - | -€3,000 | |
| Other amounts receivable | 41 | €1,071 | €256 | -€815 | -76.1% |
| Cash at bank and in hand | 54/58 | €5,611 | €15,249 | +€9,638 | +172% |
| Deferred charges and accrued income | 490/1 | €250 | €263 | +€13 | +5.3% |
| Total equity and liabilities | 10/49 | €94,775 | €96,157 | +€1,382 | +1.5% |
| Equity | 10/15 | €70,702 | €71,207 | +€506 | +0.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €58,302 | €58,807 | +€506 | +0.9% |
| Distributable reserves | 133 | €58,302 | €58,807 | +€506 | +0.9% |
| Amounts payable | 17/49 | €24,073 | €24,950 | +€876 | +3.6% |
| Amounts payable within one year | 42/48 | €23,911 | €24,788 | +€876 | +3.7% |
| Trade debts | 44 | - | €1,604 | +€1,604 | |
| Suppliers | 440/4 | - | €1,604 | +€1,604 | |
| Taxes, remuneration and social security | 45 | €911 | €184 | -€727 | -79.8% |
| Taxes | 450/3 | €911 | €184 | -€727 | -79.8% |
| Other amounts payable | 47/48 | €23,000 | €23,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €162 | €162 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,454 | €4,454 | = | 0.0% |
| Other operating charges | 640/8 | €2,524 | €2,598 | +€74 | +2.9% |
| Gross operating margin | 9900 | €10,396 | €7,808 | -€2,588 | -24.9% |
| Operating profit (loss) | 9901 | €3,418 | €756 | -€2,662 | -77.9% |
| Financial charges | 65/66B | €74 | €67 | -€7 | -9.2% |
| Recurring financial charges | 65 | €74 | €67 | -€7 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €3,345 | €690 | -€2,655 | -79.4% |
| Income taxes | 67/77 | €911 | €184 | -€727 | -79.8% |
| Profit (loss) for the period | 9904 | €2,433 | €506 | -€1,928 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,433 | €506 | -€1,928 | -79.2% |
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 17 October 2026 via checked.be.