Gitlirhof: what changed
Two fiscal 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.
Gitlirhof
Largest movements
- Receivables within one year +€4,771
up €4,771 (+12.8%), from €37,343 to €42,114
of which Trade receivables: +€9,490
- Advances received +€7,522
new in 2025: €7,522
- Current portion of long-term debt -€7,428
down €7,428 (-86.5%), from €8,589 to €1,162
- Other debts -€7,402
down €7,402 (-100.0%), from €7,402 to €0
- Trade debts +€6,753
up €6,753 (+51.8%), from €13,036 to €19,789
- Reserves +€5,640
up €5,640 (+3.3%), from €169,012 to €174,652
of which Distributable reserves: +€5,640
- Gross operating margin +€3,305
up €3,305 (+6.7%), from €48,983 to €52,288
- Depreciation +€1,749
up €1,749 (+5.6%), from €31,458 to €33,207
- Other operating charges +€1,073
up €1,073 (+15.7%), from €6,830 to €7,903
- Taxes +€1,035
up €1,035 (+20.2%), from €5,125 to €6,160
- Financial income +€839
up €839 (+1888.5%), from €44 to €883
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 | €319,917 | €325,208 | +€5,291 | +1.7% |
| Fixed assets | 21/28 | €247,342 | €244,674 | -€2,667 | -1.1% |
| Tangible fixed assets | 22/27 | €247,317 | €244,649 | -€2,667 | -1.1% |
| Land and buildings | 22 | €149,867 | €158,998 | +€9,130 | +6.1% |
| Plant, machinery and equipment | 23 | €25,775 | €27,962 | +€2,187 | +8.5% |
| Furniture and vehicles | 24 | €16,710 | €4,893 | -€11,818 | -70.7% |
| Other tangible fixed assets | 26 | €54,963 | €52,797 | -€2,167 | -3.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €72,576 | €80,534 | +€7,958 | +11.0% |
| Amounts receivable within one year | 40/41 | €37,343 | €42,114 | +€4,771 | +12.8% |
| Trade receivables | 40 | €26,504 | €35,994 | +€9,490 | +35.8% |
| Other amounts receivable | 41 | €10,839 | €6,120 | -€4,720 | -43.5% |
| Cash at bank and in hand | 54/58 | €33,541 | €35,984 | +€2,443 | +7.3% |
| Deferred charges and accrued income | 490/1 | €1,691 | €2,436 | +€745 | +44.0% |
| Total equity and liabilities | 10/49 | €319,917 | €325,208 | +€5,291 | +1.7% |
| Equity | 10/15 | €284,012 | €289,652 | +€5,640 | +2.0% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Reserves | 13 | €169,012 | €174,652 | +€5,640 | +3.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €169,012 | €174,652 | +€5,640 | +3.3% |
| Amounts payable | 17/49 | €35,905 | €35,557 | -€349 | -1.0% |
| Amounts payable after more than one year | 17 | €1,162 | €0 | -€1,162 | -100.0% |
| Financial debts | 170/4 | €1,162 | €0 | -€1,162 | -100.0% |
| Amounts payable within one year | 42/48 | €34,740 | €35,554 | +€814 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €8,589 | €1,162 | -€7,428 | -86.5% |
| Trade debts | 44 | €13,036 | €19,789 | +€6,753 | +51.8% |
| Suppliers | 440/4 | €13,036 | €19,789 | +€6,753 | +51.8% |
| Advances received on contracts in progress | 46 | - | €7,522 | +€7,522 | |
| Taxes, remuneration and social security | 45 | €5,713 | €7,081 | +€1,368 | +23.9% |
| Taxes | 450/3 | €4,958 | €6,326 | +€1,368 | +27.6% |
| Remuneration and social security | 454/9 | €755 | €755 | = | 0.0% |
| Other amounts payable | 47/48 | €7,402 | €0 | -€7,402 | -100.0% |
| Accrued charges and deferred income | 492/3 | €4 | €3 | -€1 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,458 | €33,207 | +€1,749 | +5.6% |
| Other operating charges | 640/8 | €6,830 | €7,903 | +€1,073 | +15.7% |
| Gross operating margin | 9900 | €48,983 | €52,288 | +€3,305 | +6.7% |
| Operating profit (loss) | 9901 | €10,695 | €11,179 | +€483 | +4.5% |
| Financial income | 75/76B | €44 | €883 | +€839 | +1888.5% |
| Recurring financial income | 75 | €44 | €883 | +€839 | +1888.5% |
| Financial charges | 65/66B | €311 | €262 | -€49 | -15.7% |
| Recurring financial charges | 65 | €311 | €262 | -€49 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €10,429 | €11,800 | +€1,371 | +13.1% |
| Income taxes | 67/77 | €5,125 | €6,160 | +€1,035 | +20.2% |
| Profit (loss) for the period | 9904 | €5,304 | €5,640 | +€336 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,304 | €5,640 | +€336 | +6.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.