Gellens: 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.
Gellens
Largest movements
- Receivables within one year -€35,282
down €35,282 (-70.3%), from €50,194 to €14,913
of which Other amounts receivable: -€32,685
- Cash -€26,389
down €26,389 (-79.4%), from €33,235 to €6,846
mainly Other debts (-€69,009) and Contributions, distributions and other (-€36,191)
- Tangible fixed assets -€7,446
down €7,446 (-100.0%), from €7,446 to €0
- Deferred charges and accrued income -€5,847
down €5,847 (-14.7%), from €39,848 to €34,001
- Other debts -€69,009
down €69,009 (-64.2%), from €107,422 to €38,413
- Accrued charges and deferred income -€3,728
down €3,728 (-100.0%), from €3,728 to €0
- Tax, wage and social debts -€1,961
down €1,961 (-64.5%), from €3,038 to €1,077
- Taxes +€4,192
up €4,192 (+39.1%), from €10,727 to €14,919
- Gross operating margin +€2,815
up €2,815 (+5.0%), from €55,859 to €58,674
- Financial income +€1,441
up €1,441 (+448.0%), from €322 to €1,763
- Other operating charges +€961
up €961 (+128.9%), from €745 to €1,706
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 | €130,724 | €55,760 | -€74,964 | -57.3% |
| Fixed assets | 21/28 | €7,446 | €0 | -€7,446 | -100.0% |
| Tangible fixed assets | 22/27 | €7,446 | €0 | -€7,446 | -100.0% |
| Furniture and vehicles | 24 | €7,446 | €0 | -€7,446 | -100.0% |
| Current assets | 29/58 | €123,278 | €55,760 | -€67,518 | -54.8% |
| Amounts receivable within one year | 40/41 | €50,194 | €14,913 | -€35,282 | -70.3% |
| Trade receivables | 40 | €17,429 | €14,832 | -€2,597 | -14.9% |
| Other amounts receivable | 41 | €32,765 | €81 | -€32,685 | -99.8% |
| Cash at bank and in hand | 54/58 | €33,235 | €6,846 | -€26,389 | -79.4% |
| Deferred charges and accrued income | 490/1 | €39,848 | €34,001 | -€5,847 | -14.7% |
| Total equity and liabilities | 10/49 | €130,724 | €55,760 | -€74,964 | -57.3% |
| Equity | 10/15 | €15,485 | €15,485 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,485 | €10,485 | = | 0.0% |
| Distributable reserves | 133 | €10,485 | €10,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €115,239 | €40,275 | -€74,964 | -65.1% |
| Amounts payable within one year | 42/48 | €111,511 | €40,275 | -€71,236 | -63.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,051 | €785 | -€266 | -25.3% |
| Suppliers | 440/4 | €1,051 | €785 | -€266 | -25.3% |
| Taxes, remuneration and social security | 45 | €3,038 | €1,077 | -€1,961 | -64.5% |
| Taxes | 450/3 | €3,038 | €1,077 | -€1,961 | -64.5% |
| Other amounts payable | 47/48 | €107,422 | €38,413 | -€69,009 | -64.2% |
| Accrued charges and deferred income | 492/3 | €3,728 | €0 | -€3,728 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,306 | €7,446 | +€140 | +1.9% |
| Other operating charges | 640/8 | €745 | €1,706 | +€961 | +128.9% |
| Gross operating margin | 9900 | €55,859 | €58,674 | +€2,815 | +5.0% |
| Operating profit (loss) | 9901 | €47,808 | €49,522 | +€1,714 | +3.6% |
| Financial income | 75/76B | €322 | €1,763 | +€1,441 | +448.0% |
| Recurring financial income | 75 | €322 | €1,763 | +€1,441 | +448.0% |
| Financial charges | 65/66B | €121 | €175 | +€54 | +44.9% |
| Recurring financial charges | 65 | €121 | €175 | +€54 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €48,009 | €51,110 | +€3,101 | +6.5% |
| Income taxes | 67/77 | €10,727 | €14,919 | +€4,192 | +39.1% |
| Profit (loss) for the period | 9904 | €37,282 | €36,191 | -€1,091 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,282 | €36,191 | -€1,091 | -2.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.