GIDELLI: 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.
GIDELLI
Largest movements
- Tangible fixed assets -€7,492
down €7,492 (-38.0%), from €19,719 to €12,227
of which Furniture and vehicles: -€6,255
- Stocks and contracts -€6,792
down €6,792 (-5.8%), from €116,837 to €110,045
of which Contracts in progress: -€6,792
- Receivables within one year +€3,715
up €3,715 (+35.0%), from €10,617 to €14,332
of which Trade receivables: +€3,715
- Other debts -€6,650
down €6,650 (-9.4%), from €70,791 to €64,141
- Profit (loss) carried forward -€2,003
down €2,003 (-12.3%), from -€16,276 to -€18,279
- Gross operating margin -€5,751
down €5,751 (-12.1%), from €47,663 to €41,911
- Other operating charges -€2,138
down €2,138 (-50.7%), from €4,213 to €2,075
- Staff costs -€1,161
down €1,161 (-3.7%), from €31,772 to €30,612
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,997 | €137,285 | -€10,712 | -7.2% |
| Fixed assets | 21/28 | €19,719 | €12,227 | -€7,492 | -38.0% |
| Tangible fixed assets | 22/27 | €19,719 | €12,227 | -€7,492 | -38.0% |
| Furniture and vehicles | 24 | €14,773 | €8,517 | -€6,255 | -42.3% |
| Other tangible fixed assets | 26 | €4,946 | €3,710 | -€1,237 | -25.0% |
| Current assets | 29/58 | €128,278 | €125,058 | -€3,220 | -2.5% |
| Stocks and contracts in progress | 3 | €116,837 | €110,045 | -€6,792 | -5.8% |
| Stocks | 30/36 | €110,045 | €110,045 | = | 0.0% |
| Contracts in progress | 37 | €6,792 | - | -€6,792 | |
| Amounts receivable within one year | 40/41 | €10,617 | €14,332 | +€3,715 | +35.0% |
| Trade receivables | 40 | €6,079 | €9,795 | +€3,715 | +61.1% |
| Other amounts receivable | 41 | €4,538 | €4,538 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €824 | €681 | -€143 | -17.4% |
| Total equity and liabilities | 10/49 | €147,997 | €137,285 | -€10,712 | -7.2% |
| Equity | 10/15 | €28,713 | €26,710 | -€2,003 | -7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €26,389 | €26,389 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €24,534 | €24,534 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,276 | -€18,279 | -€2,003 | -12.3% |
| Amounts payable | 17/49 | €119,284 | €110,575 | -€8,709 | -7.3% |
| Amounts payable after more than one year | 17 | €2,000 | €2,000 | = | 0.0% |
| Financial debts | 170/4 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €116,648 | €108,122 | -€8,526 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €214 | - | -€214 | |
| Financial debts | 43 | €20,120 | €19,924 | -€196 | -1.0% |
| Credit institutions | 430/8 | €20,120 | €19,924 | -€196 | -1.0% |
| Trade debts | 44 | €8,337 | €7,481 | -€856 | -10.3% |
| Suppliers | 440/4 | €8,337 | €7,481 | -€856 | -10.3% |
| Taxes, remuneration and social security | 45 | €17,185 | €16,576 | -€610 | -3.5% |
| Taxes | 450/3 | €10,220 | €8,506 | -€1,714 | -16.8% |
| Remuneration and social security | 454/9 | €6,965 | €8,069 | +€1,104 | +15.9% |
| Other amounts payable | 47/48 | €70,791 | €64,141 | -€6,650 | -9.4% |
| Accrued charges and deferred income | 492/3 | €636 | €453 | -€183 | -28.8% |
| Remuneration, social security and pensions | 62 | €31,772 | €30,612 | -€1,161 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,492 | €7,492 | = | 0.0% |
| Other operating charges | 640/8 | €4,213 | €2,075 | -€2,138 | -50.7% |
| Gross operating margin | 9900 | €47,663 | €41,911 | -€5,751 | -12.1% |
| Operating profit (loss) | 9901 | €4,186 | €1,733 | -€2,453 | -58.6% |
| Financial income | 75/76B | €122 | €337 | +€215 | +176% |
| Recurring financial income | 75 | €122 | €337 | +€215 | +176% |
| Financial charges | 65/66B | €3,956 | €3,897 | -€60 | -1.5% |
| Recurring financial charges | 65 | €3,956 | €3,897 | -€60 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €352 | -€1,827 | -€2,179 | |
| Income taxes | 67/77 | €140 | €176 | +€37 | +26.2% |
| Profit (loss) for the period | 9904 | €213 | -€2,003 | -€2,216 | |
| Profit (loss) for the period to be appropriated | 9905 | €213 | -€2,003 | -€2,216 |
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 14 October 2026 via checked.be.