GIJBELS & CO: what changed
What changed
GIJBELS & CO
NACE 23.120, Manufacture of other non-metallic mineral products
filed annual accounts (NBB)
Net result for the year
€622,611
2024 · €1.0m-€377,481
Equity
€11.8m
2024 · €11.2m+€622,611
Cash
€4.4m
2024 · €4.6m-€165,007
Balance sheet total
€14.5m
2024 · €14.6m-€128,224
Largest movements
Assets
- Cash -€165,007
down €165,007 (-3.6%), from €4.6m to €4.4m
mainly Trade debts (-€1.7m) and Investment in fixed assets (net) (-€161,999)
- Receivables within one year +€149,603
up €149,603 (+2.0%), from €7.4m to €7.6m
of which Trade receivables: +€355,508
Equity and liabilities
- Trade debts -€1.7m
down €1.7m (-80.1%), from €2.1m to €417,155
- Accrued charges and deferred income +€960,647
up €960,647 (+2,388%), from €40,224 to €1.0m
- Reserves +€622,611
up €622,611 (+5.6%), from €11.2m to €11.8m
of which Distributable reserves: +€622,611
Income statement
- Turnover -€1.3m
down €1.3m (-10.6%), from €12.6m to €11.3m
- Goods and materials -€863,996
down €863,996 (-16.1%), from €5.4m to €4.5m
of which Purchases: -€963,996
- Services and other goods +€149,221
up €149,221 (+4.6%), from €3.3m to €3.4m
- Taxes -€129,430
down €129,430 (-34.8%), from €371,741 to €242,312
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
€1.0m
Turnover
-€1.3m
Other operating income
+€35,526
Goods and materials
+€863,996
Services and other goods
-€149,221
Staff costs
+€77,443
Depreciation
-€3,311
Other operating charges
+€27,850
Other operating items
-€3,813
Financial income
-€21,701
Financial charges
-€1,954
Taxes
+€129,430
Result 2025
€622,611
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€107,053
Investment
-€161,999
Financing
-€110,062
Cash 2024
€4.6m
From operations (derived)
+€107,053
Net result for the year
+€622,611
Depreciation
+€263,250
Receivables within one year
-€149,603
Deferred charges and accrued income
+€11,569
Trade debts
-€1.7m
Tax, wage and social debts
+€49,868
Other debts
+€31,075
Accrued charges and deferred income
+€960,647
Investment (derived)
-€161,999
Investment in fixed assets (net)
-€161,999
Financing
-€110,062
Debts after one year
-€8,935
Current portion of long-term debt
+€389
Short-term financial debts
-€101,516
Cash 2025
€4.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,611,316 | €14,483,092 | -€128,224 | -0.9% |
| Fixed assets | 21/28 | €1,859,360 | €1,758,109 | -€101,251 | -5.4% |
| Tangible fixed assets | 22/27 | €614,761 | €513,510 | -€101,251 | -16.5% |
| Land and buildings | 22 | €80,243 | €85,621 | +€5,378 | +6.7% |
| Plant, machinery and equipment | 23 | €150,367 | €163,629 | +€13,262 | +8.8% |
| Furniture and vehicles | 24 | €345,608 | €235,078 | -€110,531 | -32.0% |
| Leasing and similar rights | 25 | €38,543 | €29,183 | -€9,360 | -24.3% |
| Financial fixed assets | 28 | €1,244,599 | €1,244,599 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €1,244,599 | €1,244,599 | = | 0.0% |
| Participating interests | 282 | €555,000 | €555,000 | = | 0.0% |
| Amounts receivable | 283 | €689,599 | €689,599 | = | 0.0% |
| Current assets | 29/58 | €12,751,956 | €12,724,983 | -€26,973 | -0.2% |
| Stocks and contracts in progress | 3 | €500,000 | €500,000 | = | 0.0% |
| Stocks | 30/36 | €500,000 | €500,000 | = | 0.0% |
| Goods purchased for resale | 34 | €500,000 | €500,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,432,437 | €7,582,040 | +€149,603 | +2.0% |
| Trade receivables | 40 | €1,862,014 | €2,217,522 | +€355,508 | +19.1% |
| Other amounts receivable | 41 | €5,570,423 | €5,364,517 | -€205,906 | -3.7% |
| Cash at bank and in hand | 54/58 | €4,553,882 | €4,388,875 | -€165,007 | -3.6% |
| Deferred charges and accrued income | 490/1 | €265,637 | €254,068 | -€11,569 | -4.4% |
| Total equity and liabilities | 10/49 | €14,611,316 | €14,483,092 | -€128,224 | -0.9% |
| Equity | 10/15 | €11,215,645 | €11,838,255 | +€622,611 | +5.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €11,153,671 | €11,776,282 | +€622,611 | +5.6% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €11,147,474 | €11,770,085 | +€622,611 | +5.6% |
| Amounts payable | 17/49 | €3,395,671 | €2,644,837 | -€750,835 | -22.1% |
| Amounts payable after more than one year | 17 | €30,747 | €21,813 | -€8,935 | -29.1% |
| Financial debts | 170/4 | €30,747 | €21,813 | -€8,935 | -29.1% |
| Leasing and similar obligations | 172 | €30,747 | €21,813 | -€8,935 | -29.1% |
| Amounts payable within one year | 42/48 | €3,324,700 | €1,622,153 | -€1.7m | -51.2% |
| Current portion of amounts payable after more than one year | 42 | €8,546 | €8,935 | +€389 | +4.5% |
| Financial debts | 43 | €384,155 | €282,639 | -€101,516 | -26.4% |
| Credit institutions | 430/8 | €384,155 | €282,639 | -€101,516 | -26.4% |
| Trade debts | 44 | €2,099,518 | €417,155 | -€1.7m | -80.1% |
| Suppliers | 440/4 | €2,099,518 | €417,155 | -€1.7m | -80.1% |
| Taxes, remuneration and social security | 45 | €139,429 | €189,296 | +€49,868 | +35.8% |
| Taxes | 450/3 | €90,019 | €144,688 | +€54,669 | +60.7% |
| Remuneration and social security | 454/9 | €49,410 | €44,609 | -€4,801 | -9.7% |
| Other amounts payable | 47/48 | €693,052 | €724,128 | +€31,075 | +4.5% |
| Accrued charges and deferred income | 492/3 | €40,224 | €1,000,871 | +€960,647 | +2,388% |
| Operating income | 70/76A | €12,644,029 | €11,344,016 | -€1.3m | -10.3% |
| Turnover | 70 | €12,587,589 | €11,255,864 | -€1.3m | -10.6% |
| Other operating income | 74 | €51,027 | €86,552 | +€35,526 | +69.6% |
| Non-recurring operating income | 76A | €5,413 | €1,600 | -€3,813 | -70.4% |
| Operating charges | 60/66A | €11,197,885 | €10,381,129 | -€816,757 | -7.3% |
| Goods for resale, raw materials and consumables | 60 | €5,359,106 | €4,495,110 | -€863,996 | -16.1% |
| Purchases | 600/8 | €5,459,106 | €4,495,110 | -€963,996 | -17.7% |
| Change in stocks: decrease (increase) | 609 | -€100,000 | €0 | +€100,000 | |
| Services and other goods | 61 | €3,256,364 | €3,405,585 | +€149,221 | +4.6% |
| Remuneration, social security and pensions | 62 | €2,223,708 | €2,146,265 | -€77,443 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €259,939 | €263,250 | +€3,311 | +1.3% |
| Other operating charges | 640/8 | €98,769 | €70,919 | -€27,850 | -28.2% |
| Operating profit (loss) | 9901 | €1,446,144 | €962,888 | -€483,256 | -33.4% |
| Financial income | 75/76B | €46,560 | €24,859 | -€21,701 | -46.6% |
| Recurring financial income | 75 | €46,560 | €24,859 | -€21,701 | -46.6% |
| Other financial income | 752/9 | €46,560 | €24,859 | -€21,701 | -46.6% |
| Financial charges | 65/66B | €120,871 | €122,825 | +€1,954 | +1.6% |
| Recurring financial charges | 65 | €120,871 | €122,825 | +€1,954 | +1.6% |
| Debt charges | 650 | €32,985 | €49,585 | +€16,600 | +50.3% |
| Other financial charges | 652/9 | €87,886 | €73,239 | -€14,646 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €1,371,833 | €864,922 | -€506,911 | -37.0% |
| Income taxes | 67/77 | €371,741 | €242,312 | -€129,430 | -34.8% |
| Taxes | 670/3 | €371,741 | €242,312 | -€129,430 | -34.8% |
| Profit (loss) for the period | 9904 | €1,000,092 | €622,611 | -€377,481 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,000,092 | €622,611 | -€377,481 | -37.7% |
Next steps
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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 7 November 2026 via checked.be.