GIELIS-VEREMANS: what changed
What changed
GIELIS-VEREMANS
NACE 96.301, Funeral services
filed annual accounts (NBB)
Net result for the year
€117,045
2024 · €156,284-€39,239
Equity
€308,379
2024 · €221,334+€87,045
Cash
-
not filed
Balance sheet total
€1.4m
2024 · €1.4m-€19,054
Largest movements
Assets
- Tangible fixed assets -€44,108
down €44,108 (-4.5%), from €989,316 to €945,207
of which Land and buildings: -€43,761
- Receivables within one year +€25,105
up €25,105 (+6.7%), from €376,579 to €401,684
of which Other amounts receivable: +€13,573
Equity and liabilities
- Reserves +€87,045
up €87,045 (+55.0%), from €158,334 to €245,379
of which Distributable reserves: +€87,045
- Debts after one year -€74,436
down €74,436 (-9.2%), from €810,035 to €735,599
of which Financial debts: -€62,436
- Current portion of long-term debt -€33,453
down €33,453 (-34.9%), from €95,889 to €62,436
- Trade debts -€31,178
down €31,178 (-32.5%), from €96,048 to €64,870
- Tax, wage and social debts +€29,907
up €29,907 (+425%), from €7,045 to €36,952
of which Taxes: +€31,994
Income statement
- Taxes +€29,725
up €29,725 (+603%), from €4,928 to €34,652
- Depreciation +€20,174
up €20,174 (+84.3%), from €23,934 to €44,108
- Financial income +€8,744
up €8,744 (+4,057%), from €216 to €8,960
- Write-downs +€6,946
new in 2025: €6,946
- Financial charges -€5,320
down €5,320 (-12.0%), from €44,187 to €38,867
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.
Result 2024
€156,284
Gross operating margin
-€5,014
Staff costs
+€5,050
Depreciation
-€20,174
Write-downs
-€6,946
Other operating charges
+€3,506
Financial income
+€8,744
Financial charges
+€5,320
Taxes
-€29,725
Result 2025
€117,045
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,370,949 | €1,351,895 | -€19,054 | -1.4% |
| Fixed assets | 21/28 | €990,556 | €945,697 | -€44,858 | -4.5% |
| Tangible fixed assets | 22/27 | €989,316 | €945,207 | -€44,108 | -4.5% |
| Land and buildings | 22 | €988,621 | €944,860 | -€43,761 | -4.4% |
| Plant, machinery and equipment | 23 | €695 | €347 | -€348 | -50.0% |
| Financial fixed assets | 28 | €1,240 | €490 | -€750 | -60.5% |
| Current assets | 29/58 | €380,393 | €406,197 | +€25,804 | +6.8% |
| Stocks and contracts in progress | 3 | €3,000 | €2,500 | -€500 | -16.7% |
| Stocks | 30/36 | €3,000 | €2,500 | -€500 | -16.7% |
| Amounts receivable within one year | 40/41 | €376,579 | €401,684 | +€25,105 | +6.7% |
| Trade receivables | 40 | €21,362 | €32,894 | +€11,532 | +54.0% |
| Other amounts receivable | 41 | €355,217 | €368,790 | +€13,573 | +3.8% |
| Deferred charges and accrued income | 490/1 | €814 | €2,013 | +€1,199 | +147% |
| Total equity and liabilities | 10/49 | €1,370,949 | €1,351,895 | -€19,054 | -1.4% |
| Equity | 10/15 | €221,334 | €308,379 | +€87,045 | +39.3% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €158,334 | €245,379 | +€87,045 | +55.0% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €152,034 | €239,079 | +€87,045 | +57.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,149,615 | €1,043,515 | -€106,100 | -9.2% |
| Amounts payable after more than one year | 17 | €810,035 | €735,599 | -€74,436 | -9.2% |
| Financial debts | 170/4 | €790,035 | €727,599 | -€62,436 | -7.9% |
| Other amounts payable | 178/9 | €20,000 | €8,000 | -€12,000 | -60.0% |
| Amounts payable within one year | 42/48 | €334,516 | €302,852 | -€31,664 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €95,889 | €62,436 | -€33,453 | -34.9% |
| Financial debts | 43 | €13,418 | €12,568 | -€850 | -6.3% |
| Credit institutions | 430/8 | €13,418 | €12,568 | -€850 | -6.3% |
| Trade debts | 44 | €96,048 | €64,870 | -€31,178 | -32.5% |
| Suppliers | 440/4 | €96,048 | €64,870 | -€31,178 | -32.5% |
| Advances received on contracts in progress | 46 | €19,077 | €20,077 | +€1,000 | +5.2% |
| Taxes, remuneration and social security | 45 | €7,045 | €36,952 | +€29,907 | +425% |
| Taxes | 450/3 | €3,984 | €35,978 | +€31,994 | +803% |
| Remuneration and social security | 454/9 | €3,060 | €974 | -€2,087 | -68.2% |
| Other amounts payable | 47/48 | €103,040 | €105,950 | +€2,910 | +2.8% |
| Accrued charges and deferred income | 492/3 | €5,064 | €5,064 | = | 0.0% |
| Non-recurring operating income | 76A | €17,653 | €0 | -€17,653 | -100% |
| Remuneration, social security and pensions | 62 | €16,159 | €11,109 | -€5,050 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,934 | €44,108 | +€20,174 | +84.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,946 | +€6,946 | |
| Other operating charges | 640/8 | €13,088 | €9,582 | -€3,506 | -26.8% |
| Gross operating margin | 9900 | €258,365 | €253,350 | -€5,014 | -1.9% |
| Operating profit (loss) | 9901 | €205,183 | €181,605 | -€23,578 | -11.5% |
| Financial income | 75/76B | €216 | €8,960 | +€8,744 | +4,057% |
| Recurring financial income | 75 | €216 | €8,960 | +€8,744 | +4,057% |
| Financial charges | 65/66B | €44,187 | €38,867 | -€5,320 | -12.0% |
| Recurring financial charges | 65 | €44,187 | €38,867 | -€5,320 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €161,212 | €151,698 | -€9,514 | -5.9% |
| Income taxes | 67/77 | €4,928 | €34,652 | +€29,725 | +603% |
| Profit (loss) for the period | 9904 | €156,284 | €117,045 | -€39,239 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €156,284 | €117,045 | -€39,239 | -25.1% |
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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 5 November 2026 via checked.be.