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
- Receivables within one year +€10,632
up €10,632 (+702%), from €1,515 to €12,147
- Tangible fixed assets -€8,877
down €8,877 (-25.6%), from €34,623 to €25,747
of which Furniture and vehicles: -€5,174
- Cash +€4,112
up €4,112 (+94.1%), from €4,369 to €8,481
mainly Depreciation (+€8,002) and Short-term financial debts (+€4,327)
- Deferred charges and accrued income -€1,394
down €1,394 (-36.0%), from €3,875 to €2,481
- Short-term financial debts +€4,327
up €4,327 (+140%), from €3,080 to €7,407
- Tax, wage and social debts +€3,199
up €3,199 (+224%), from €1,428 to €4,628
- Current portion of long-term debt -€2,917
no longer reported in 2025 (was €2,917)
- Trade debts +€1,929
up €1,929 (+45.2%), from €4,266 to €6,195
- Other debts -€1,052
no longer reported in 2025 (was €1,052)
- Gross operating margin -€19,344
down €19,344 (-54.6%), from €35,415 to €16,070
- Taxes +€2,036
up €2,036 (+263%), from €775 to €2,811
- Depreciation -€1,200
down €1,200 (-13.0%), from €9,202 to €8,002
- Financial income +€526
up €526 (+262,980%), from €0 to €526
- Financial charges -€464
down €464 (-14.0%), from €3,320 to €2,855
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 | €46,409 | €51,373 | +€4,965 | +10.7% |
| Fixed assets | 21/28 | €35,119 | €26,243 | -€8,877 | -25.3% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €34,623 | €25,747 | -€8,877 | -25.6% |
| Plant, machinery and equipment | 23 | €20,841 | €17,750 | -€3,091 | -14.8% |
| Furniture and vehicles | 24 | €7,083 | €1,909 | -€5,174 | -73.1% |
| Other tangible fixed assets | 26 | €6,700 | €6,088 | -€612 | -9.1% |
| Financial fixed assets | 28 | €496 | €496 | = | 0.0% |
| Current assets | 29/58 | €11,289 | €25,131 | +€13,841 | +123% |
| Stocks and contracts in progress | 3 | €1,530 | €2,021 | +€492 | +32.2% |
| Stocks | 30/36 | €1,530 | €2,021 | +€492 | +32.2% |
| Amounts receivable within one year | 40/41 | €1,515 | €12,147 | +€10,632 | +702% |
| Other amounts receivable | 41 | €1,515 | €12,147 | +€10,632 | +702% |
| Cash at bank and in hand | 54/58 | €4,369 | €8,481 | +€4,112 | +94.1% |
| Deferred charges and accrued income | 490/1 | €3,875 | €2,481 | -€1,394 | -36.0% |
| Total equity and liabilities | 10/49 | €46,409 | €51,373 | +€4,965 | +10.7% |
| Equity | 10/15 | €33,665 | €33,144 | -€521 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,065 | €14,544 | -€521 | -3.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €5,705 | €5,184 | -€521 | -9.1% |
| Amounts payable | 17/49 | €12,744 | €18,229 | +€5,486 | +43.0% |
| Amounts payable within one year | 42/48 | €12,744 | €18,229 | +€5,486 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €2,917 | - | -€2,917 | |
| Financial debts | 43 | €3,080 | €7,407 | +€4,327 | +140% |
| Credit institutions | 430/8 | €3,080 | €7,407 | +€4,327 | +140% |
| Trade debts | 44 | €4,266 | €6,195 | +€1,929 | +45.2% |
| Suppliers | 440/4 | €4,266 | €6,195 | +€1,929 | +45.2% |
| Taxes, remuneration and social security | 45 | €1,428 | €4,628 | +€3,199 | +224% |
| Taxes | 450/3 | €1,428 | €4,628 | +€3,199 | +224% |
| Other amounts payable | 47/48 | €1,052 | - | -€1,052 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,202 | €8,002 | -€1,200 | -13.0% |
| Other operating charges | 640/8 | €3,178 | €3,450 | +€271 | +8.5% |
| Gross operating margin | 9900 | €35,415 | €16,070 | -€19,344 | -54.6% |
| Operating profit (loss) | 9901 | €23,035 | €4,619 | -€18,416 | -79.9% |
| Financial income | 75/76B | €0 | €526 | +€526 | +262,980% |
| Recurring financial income | 75 | €0 | €526 | +€526 | +262,980% |
| Financial charges | 65/66B | €3,320 | €2,855 | -€464 | -14.0% |
| Recurring financial charges | 65 | €3,320 | €2,855 | -€464 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €19,715 | €2,290 | -€17,425 | -88.4% |
| Income taxes | 67/77 | €775 | €2,811 | +€2,036 | +263% |
| Profit (loss) for the period | 9904 | €18,940 | -€521 | -€19,461 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,940 | -€521 | -€19,461 |
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 28 October 2026 via checked.be.