Gelkle Horeca: what changed
Gelkle Horeca
Largest movements
- Cash -€11,649
down €11,649 (-4.5%), from €260,221 to €248,573
mainly Trade debts (-€18,854) and Net result for the year (-€18,670)
- Receivables within one year -€6,084
down €6,084 (-24.7%), from €24,630 to €18,546
of which Other amounts receivable: -€5,730
- Tangible fixed assets -€4,096
down €4,096 (-23.9%), from €17,122 to €13,026
- Trade debts -€18,854
down €18,854 (-83.5%), from €22,567 to €3,712
- Profit (loss) carried forward -€18,670
new in 2025: -€18,670
- Tax, wage and social debts +€9,171
up €9,171 (+51.6%), from €17,778 to €26,949
of which Remuneration and social security: +€6,311
- Accrued charges and deferred income +€7,630
new in 2025: €7,630
- Staff costs +€19,224
up €19,224 (+8.1%), from €236,287 to €255,511
- Gross operating margin -€9,680
down €9,680 (-3.7%), from €260,990 to €251,310
- Taxes -€5,059
down €5,059 (-100%), from €5,059 to €0
- Other operating charges +€3,151
up €3,151 (+69.1%), from €4,560 to €7,711
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €325,979 | €305,256 | -€20,723 | -6.4% |
| Fixed assets | 21/28 | €17,122 | €13,026 | -€4,096 | -23.9% |
| Tangible fixed assets | 22/27 | €17,122 | €13,026 | -€4,096 | -23.9% |
| Land and buildings | 22 | €8,085 | €6,423 | -€1,662 | -20.6% |
| Plant, machinery and equipment | 23 | €6,012 | €4,238 | -€1,774 | -29.5% |
| Furniture and vehicles | 24 | €3,025 | €2,366 | -€660 | -21.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €308,857 | €292,230 | -€16,627 | -5.4% |
| Stocks and contracts in progress | 3 | €24,006 | €25,112 | +€1,106 | +4.6% |
| Stocks | 30/36 | €24,006 | €25,112 | +€1,106 | +4.6% |
| Amounts receivable within one year | 40/41 | €24,630 | €18,546 | -€6,084 | -24.7% |
| Trade receivables | 40 | €1,044 | €690 | -€354 | -33.9% |
| Other amounts receivable | 41 | €23,586 | €17,856 | -€5,730 | -24.3% |
| Cash at bank and in hand | 54/58 | €260,221 | €248,573 | -€11,649 | -4.5% |
| Total equity and liabilities | 10/49 | €325,979 | €305,256 | -€20,723 | -6.4% |
| Equity | 10/15 | €285,635 | €266,965 | -€18,670 | -6.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €280,635 | €280,635 | = | 0.0% |
| Distributable reserves | 133 | €280,635 | €280,635 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€18,670 | -€18,670 | |
| Amounts payable | 17/49 | €40,345 | €38,291 | -€2,053 | -5.1% |
| Amounts payable within one year | 42/48 | €40,345 | €30,662 | -€9,683 | -24.0% |
| Trade debts | 44 | €22,567 | €3,712 | -€18,854 | -83.5% |
| Suppliers | 440/4 | €22,567 | €3,712 | -€18,854 | -83.5% |
| Taxes, remuneration and social security | 45 | €17,778 | €26,949 | +€9,171 | +51.6% |
| Taxes | 450/3 | €2,843 | €5,703 | +€2,860 | +101% |
| Remuneration and social security | 454/9 | €14,935 | €21,246 | +€6,311 | +42.3% |
| Accrued charges and deferred income | 492/3 | - | €7,630 | +€7,630 | |
| Remuneration, social security and pensions | 62 | €236,287 | €255,511 | +€19,224 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,956 | €4,096 | +€141 | +3.6% |
| Other operating charges | 640/8 | €4,560 | €7,711 | +€3,151 | +69.1% |
| Gross operating margin | 9900 | €260,990 | €251,310 | -€9,680 | -3.7% |
| Operating profit (loss) | 9901 | €16,187 | -€16,009 | -€32,196 | |
| Financial income | 75/76B | €1,147 | €80 | -€1,068 | -93.0% |
| Recurring financial income | 75 | €1,147 | €80 | -€1,068 | -93.0% |
| Financial charges | 65/66B | €2,600 | €2,741 | +€140 | +5.4% |
| Recurring financial charges | 65 | €2,600 | €2,741 | +€140 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €14,735 | -€18,670 | -€33,404 | |
| Income taxes | 67/77 | €5,059 | €0 | -€5,059 | -100% |
| Profit (loss) for the period | 9904 | €9,676 | -€18,670 | -€28,346 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,676 | -€18,670 | -€28,346 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.