Gielen: 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.
Gielen
Largest movements
- Receivables within one year -€110,245
down €110,245 (-38.6%), from €285,862 to €175,616
of which Other amounts receivable: -€121,026
- Other debts -€116,880
down €116,880 (-44.7%), from €261,618 to €144,739
- Trade debts +€3,920
up €3,920 (+192.0%), from €2,041 to €5,961
- Tax, wage and social debts -€3,077
down €3,077 (-17.9%), from €17,193 to €14,116
- Gross operating margin -€66,316
down €66,316 (-94.6%), from €70,103 to €3,786
- Taxes -€15,944
down €15,944 (-96.6%), from €16,501 to €557
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 | €290,140 | €178,189 | -€111,951 | -38.6% |
| Current assets | 29/58 | €290,140 | €178,189 | -€111,951 | -38.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €285,862 | €175,616 | -€110,245 | -38.6% |
| Trade receivables | 40 | €2,045 | €12,826 | +€10,781 | +527.2% |
| Other amounts receivable | 41 | €283,817 | €162,791 | -€121,026 | -42.6% |
| Cash at bank and in hand | 54/58 | €4,178 | €2,572 | -€1,606 | -38.4% |
| Deferred charges and accrued income | 490/1 | €100 | €0 | -€100 | -100.0% |
| Total equity and liabilities | 10/49 | €290,140 | €178,189 | -€111,951 | -38.6% |
| Equity | 10/15 | €9,288 | €10,748 | +€1,461 | +15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,172 | -€9,712 | +€1,461 | +13.1% |
| Amounts payable | 17/49 | €280,852 | €167,440 | -€113,412 | -40.4% |
| Amounts payable within one year | 42/48 | €280,852 | €164,815 | -€116,037 | -41.3% |
| Trade debts | 44 | €2,041 | €5,961 | +€3,920 | +192.0% |
| Suppliers | 440/4 | €2,041 | €5,961 | +€3,920 | +192.0% |
| Taxes, remuneration and social security | 45 | €17,193 | €14,116 | -€3,077 | -17.9% |
| Taxes | 450/3 | €17,193 | €14,116 | -€3,077 | -17.9% |
| Other amounts payable | 47/48 | €261,618 | €144,739 | -€116,880 | -44.7% |
| Accrued charges and deferred income | 492/3 | - | €2,625 | +€2,625 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €70,103 | €3,786 | -€66,316 | -94.6% |
| Operating profit (loss) | 9901 | €69,653 | €3,325 | -€66,329 | -95.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €798 | €1,307 | +€509 | +63.9% |
| Recurring financial charges | 65 | €798 | €1,307 | +€509 | +63.9% |
| Profit (loss) for the period before taxes | 9903 | €68,857 | €2,017 | -€66,839 | -97.1% |
| Income taxes | 67/77 | €16,501 | €557 | -€15,944 | -96.6% |
| Profit (loss) for the period | 9904 | €52,356 | €1,461 | -€50,895 | -97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,356 | €1,461 | -€50,895 | -97.2% |
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 11 October 2026 via checked.be.