IL GELATO: 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.
IL GELATO
Largest movements
- Cash +€67,345
up €67,345 (+80.4%), from €83,720 to €151,065
mainly Receivables within one year (+€49,878) and Net result for the year (+€10,307)
- Receivables within one year -€49,878
down €49,878 (-26.6%), from €187,354 to €137,476
of which Trade receivables: -€49,878
- Reserves +€9,474
up €9,474 (+8.6%), from €110,367 to €119,840
of which Distributable reserves: +€9,474
- Trade debts +€4,077
up €4,077 (+201%), from €2,033 to €6,110
- Gross operating margin +€13,672
up €13,672 (+158%), from €8,659 to €22,331
- Taxes +€4,542
up €4,542 (+331%), from €1,372 to €5,914
- Financial income -€698
down €698 (-84.7%), from €825 to €126
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.
Derived cash bridge
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 | €276,517 | €291,208 | +€14,691 | +5.3% |
| Fixed assets | 21/28 | €5,444 | €2,668 | -€2,776 | -51.0% |
| Tangible fixed assets | 22/27 | €5,444 | €2,668 | -€2,776 | -51.0% |
| Furniture and vehicles | 24 | €5,444 | €2,668 | -€2,776 | -51.0% |
| Current assets | 29/58 | €271,074 | €288,541 | +€17,467 | +6.4% |
| Amounts receivable within one year | 40/41 | €187,354 | €137,476 | -€49,878 | -26.6% |
| Trade receivables | 40 | €168,906 | €119,028 | -€49,878 | -29.5% |
| Other amounts receivable | 41 | €18,448 | €18,448 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €83,720 | €151,065 | +€67,345 | +80.4% |
| Total equity and liabilities | 10/49 | €276,517 | €291,208 | +€14,691 | +5.3% |
| Equity | 10/15 | €172,698 | €182,171 | +€9,474 | +5.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €110,367 | €119,840 | +€9,474 | +8.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €104,167 | €113,640 | +€9,474 | +9.1% |
| Profit (loss) carried forward | 14 | €331 | €331 | = | 0.0% |
| Amounts payable | 17/49 | €103,820 | €109,037 | +€5,218 | +5.0% |
| Amounts payable within one year | 42/48 | €103,820 | €109,037 | +€5,218 | +5.0% |
| Trade debts | 44 | €2,033 | €6,110 | +€4,077 | +201% |
| Suppliers | 440/4 | €2,033 | €6,110 | +€4,077 | +201% |
| Taxes, remuneration and social security | 45 | €8,147 | €7,045 | -€1,102 | -13.5% |
| Taxes | 450/3 | €8,147 | €7,045 | -€1,102 | -13.5% |
| Other amounts payable | 47/48 | €93,640 | €95,883 | +€2,243 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,776 | €2,776 | = | 0.0% |
| Other operating charges | 640/8 | €1,100 | €1,182 | +€82 | +7.5% |
| Gross operating margin | 9900 | €8,659 | €22,331 | +€13,672 | +158% |
| Operating profit (loss) | 9901 | €4,783 | €18,373 | +€13,590 | +284% |
| Financial income | 75/76B | €825 | €126 | -€698 | -84.7% |
| Recurring financial income | 75 | €825 | €126 | -€698 | -84.7% |
| Financial charges | 65/66B | €2,085 | €2,278 | +€193 | +9.3% |
| Recurring financial charges | 65 | €2,085 | €2,278 | +€193 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €3,523 | €16,221 | +€12,698 | +360% |
| Income taxes | 67/77 | €1,372 | €5,914 | +€4,542 | +331% |
| Profit (loss) for the period | 9904 | €2,150 | €10,307 | +€8,156 | +379% |
| Profit (loss) for the period to be appropriated | 9905 | €2,150 | €10,307 | +€8,156 | +379% |
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 17 October 2026 via checked.be.