GIELISSEN: what changed
GIELISSEN
Largest movements
- Receivables within one year -€24,828
down €24,828 (-73.5%), from €33,765 to €8,937
of which Trade receivables: -€24,500
- Cash +€12,536
up €12,536 (+106%), from €11,875 to €24,411
mainly Receivables within one year (+€24,828) and Net result for the year (+€1,254)
- Tax, wage and social debts -€11,602
down €11,602 (-55.4%), from €20,926 to €9,324
of which Remuneration and social security: -€11,409
- Accrued charges and deferred income -€1,500
down €1,500 (-33.3%), from €4,500 to €3,000
- Profit (loss) carried forward +€1,254
up €1,254, from -€606 to €648
- Trade debts -€675
down €675 (-85.0%), from €794 to €119
- Staff costs -€161,831
down €161,831 (-66.5%), from €243,356 to €81,525
- Gross operating margin -€159,782
down €159,782 (-65.1%), from €245,551 to €85,769
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.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,075 | €33,551 | -€12,524 | -27.2% |
| Current assets | 29/58 | €46,075 | €33,551 | -€12,524 | -27.2% |
| Amounts receivable within one year | 40/41 | €33,765 | €8,937 | -€24,828 | -73.5% |
| Trade receivables | 40 | €33,000 | €8,500 | -€24,500 | -74.2% |
| Other amounts receivable | 41 | €765 | €437 | -€328 | -42.9% |
| Cash at bank and in hand | 54/58 | €11,875 | €24,411 | +€12,536 | +106% |
| Deferred charges and accrued income | 490/1 | €436 | €203 | -€232 | -53.3% |
| Total equity and liabilities | 10/49 | €46,075 | €33,551 | -€12,524 | -27.2% |
| Equity | 10/15 | €19,854 | €21,108 | +€1,254 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€606 | €648 | +€1,254 | |
| Amounts payable | 17/49 | €26,220 | €12,443 | -€13,777 | -52.5% |
| Amounts payable within one year | 42/48 | €21,720 | €9,443 | -€12,277 | -56.5% |
| Trade debts | 44 | €794 | €119 | -€675 | -85.0% |
| Suppliers | 440/4 | €794 | €119 | -€675 | -85.0% |
| Taxes, remuneration and social security | 45 | €20,926 | €9,324 | -€11,602 | -55.4% |
| Taxes | 450/3 | €194 | - | -€194 | |
| Remuneration and social security | 454/9 | €20,732 | €9,324 | -€11,409 | -55.0% |
| Accrued charges and deferred income | 492/3 | €4,500 | €3,000 | -€1,500 | -33.3% |
| Remuneration, social security and pensions | 62 | €243,356 | €81,525 | -€161,831 | -66.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €245,551 | €85,769 | -€159,782 | -65.1% |
| Operating profit (loss) | 9901 | €1,808 | €3,845 | +€2,037 | +113% |
| Financial charges | 65/66B | €976 | €411 | -€565 | -57.9% |
| Recurring financial charges | 65 | €976 | €411 | -€565 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | €832 | €3,434 | +€2,601 | +313% |
| Income taxes | 67/77 | €2,194 | €2,180 | -€13 | -0.6% |
| Profit (loss) for the period | 9904 | -€1,361 | €1,254 | +€2,615 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,361 | €1,254 | +€2,615 |
Next steps
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 3 November 2026 via checked.be.