GEMLIK: 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.
GEMLIK
Largest movements
- Tangible fixed assets -€27,811
down €27,811 (-54.0%), from €51,463 to €23,652
of which Furniture and vehicles: -€19,148
- Receivables after one year -€20,473
down €20,473 (-11.0%), from €185,844 to €165,371
- Receivables within one year +€15,747
up €15,747 (+798.5%), from €1,972 to €17,719
of which Other amounts receivable: +€15,969
- Cash -€6,581
down €6,581 (-56.6%), from €11,630 to €5,049
mainly Debts after one year (-€22,483) and Current portion of long-term debt (-€20,939)
- Debts after one year -€22,483
down €22,483 (-88.0%), from €25,552 to €3,069
- Current portion of long-term debt -€20,939
down €20,939 (-50.2%), from €41,720 to €20,781
- Trade debts -€16,629
down €16,629 (-53.1%), from €31,289 to €14,660
- Tax, wage and social debts +€13,073
up €13,073 (+109.2%), from €11,974 to €25,047
of which Remuneration and social security: +€10,353
- Profit (loss) carried forward +€5,137
up €5,137 (+7.4%), from €69,622 to €74,759
- Gross operating margin +€7,764
up €7,764 (+10.1%), from €76,997 to €84,761
- Other operating charges -€6,847
down €6,847 (-79.6%), from €8,604 to €1,756
- Staff costs +€5,422
up €5,422 (+14.0%), from €38,831 to €44,253
- Taxes +€1,819
up €1,819 (+3067.7%), from €59 to €1,878
- Depreciation -€1,743
down €1,743 (-5.9%), from €29,555 to €27,811
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 | €277,126 | €235,286 | -€41,840 | -15.1% |
| Fixed assets | 21/28 | €67,484 | €39,673 | -€27,811 | -41.2% |
| Tangible fixed assets | 22/27 | €51,463 | €23,652 | -€27,811 | -54.0% |
| Plant, machinery and equipment | 23 | €362 | €11 | -€351 | -97.0% |
| Furniture and vehicles | 24 | €30,575 | €11,427 | -€19,148 | -62.6% |
| Leasing and similar rights | 25 | €20,527 | €12,214 | -€8,312 | -40.5% |
| Financial fixed assets | 28 | €16,021 | €16,021 | = | 0.0% |
| Current assets | 29/58 | €209,641 | €195,612 | -€14,029 | -6.7% |
| Amounts receivable after more than one year | 29 | €185,844 | €165,371 | -€20,473 | -11.0% |
| Other amounts receivable | 291 | €185,844 | €165,371 | -€20,473 | -11.0% |
| Stocks and contracts in progress | 3 | €10,195 | €7,473 | -€2,722 | -26.7% |
| Stocks | 30/36 | €10,195 | €7,473 | -€2,722 | -26.7% |
| Amounts receivable within one year | 40/41 | €1,972 | €17,719 | +€15,747 | +798.5% |
| Trade receivables | 40 | €468 | €246 | -€222 | -47.5% |
| Other amounts receivable | 41 | €1,504 | €17,473 | +€15,969 | +1061.7% |
| Cash at bank and in hand | 54/58 | €11,630 | €5,049 | -€6,581 | -56.6% |
| Total equity and liabilities | 10/49 | €277,126 | €235,286 | -€41,840 | -15.1% |
| Equity | 10/15 | €165,577 | €170,714 | +€5,137 | +3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €77,363 | €77,363 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,699 | €12,699 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,699 | €12,699 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,976 | €7,976 | = | 0.0% |
| Distributable reserves | 133 | €56,688 | €56,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,622 | €74,759 | +€5,137 | +7.4% |
| Amounts payable | 17/49 | €111,548 | €64,571 | -€46,977 | -42.1% |
| Amounts payable after more than one year | 17 | €25,552 | €3,069 | -€22,483 | -88.0% |
| Financial debts | 170/4 | €25,552 | €3,069 | -€22,483 | -88.0% |
| Amounts payable within one year | 42/48 | €85,996 | €61,502 | -€24,495 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €41,720 | €20,781 | -€20,939 | -50.2% |
| Financial debts | 43 | €1,014 | €1,014 | = | 0.0% |
| Credit institutions | 430/8 | €1,014 | €1,014 | = | 0.0% |
| Trade debts | 44 | €31,289 | €14,660 | -€16,629 | -53.1% |
| Suppliers | 440/4 | €31,289 | €14,660 | -€16,629 | -53.1% |
| Taxes, remuneration and social security | 45 | €11,974 | €25,047 | +€13,073 | +109.2% |
| Taxes | 450/3 | €1,998 | €4,719 | +€2,721 | +136.1% |
| Remuneration and social security | 454/9 | €9,976 | €20,328 | +€10,353 | +103.8% |
| Remuneration, social security and pensions | 62 | €38,831 | €44,253 | +€5,422 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,555 | €27,811 | -€1,743 | -5.9% |
| Other operating charges | 640/8 | €8,604 | €1,756 | -€6,847 | -79.6% |
| Gross operating margin | 9900 | €76,997 | €84,761 | +€7,764 | +10.1% |
| Operating profit (loss) | 9901 | €7 | €10,940 | +€10,933 | +149563.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €4,311 | €3,927 | -€384 | -8.9% |
| Recurring financial charges | 65 | €4,311 | €3,927 | -€384 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,304 | €7,015 | +€11,319 | |
| Income taxes | 67/77 | €59 | €1,878 | +€1,819 | +3067.7% |
| Profit (loss) for the period | 9904 | -€4,363 | €5,137 | +€9,500 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,363 | €5,137 | +€9,500 |
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 8 October 2026 via checked.be.