BUREAU GILSON.BE: what changed
BUREAU GILSON.BE
Largest movements
- Current investments +€49,035
up €49,035 (+49.0%), from €100,000 to €149,035
- Cash +€37,529
up €37,529 (+10.5%), from €358,765 to €396,294
mainly Net result for the year (+€168,151) and Other debts (+€61,287)
- Intangible fixed assets -€14,284
down €14,284 (-12.5%), from €114,450 to €100,167
- Tangible fixed assets -€12,511
down €12,511 (-38.5%), from €32,519 to €20,008
- Receivables within one year +€9,879
up €9,879 (+45.8%), from €21,551 to €31,430
of which Other amounts receivable: +€9,879
- Other debts +€61,287
up €61,287 (+61.2%), from €100,103 to €161,390
- Debts after one year -€13,630
down €13,630 (-14.5%), from €94,300 to €80,671
- Reserves +€9,000
up €9,000 (+2.2%), from €408,659 to €417,659
- Tax, wage and social debts +€8,937
up €8,937 (+21.5%), from €41,493 to €50,431
of which Remuneration and social security: +€6,167
- Staff costs +€47,581
up €47,581 (+23.6%), from €201,805 to €249,387
- Gross operating margin +€41,022
up €41,022 (+8.3%), from €495,712 to €536,733
- Other operating charges +€18,052
up €18,052 (+125%), from €14,470 to €32,522
- Taxes -€5,430
down €5,430 (-8.5%), from €64,067 to €58,637
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 | €682,300 | €750,089 | +€67,789 | +9.9% |
| Fixed assets | 21/28 | €146,969 | €120,175 | -€26,794 | -18.2% |
| Intangible fixed assets | 21 | €114,450 | €100,167 | -€14,284 | -12.5% |
| Tangible fixed assets | 22/27 | €32,519 | €20,008 | -€12,511 | -38.5% |
| Other tangible fixed assets | 26 | €32,519 | €20,008 | -€12,511 | -38.5% |
| Current assets | 29/58 | €535,331 | €629,914 | +€94,583 | +17.7% |
| Amounts receivable within one year | 40/41 | €21,551 | €31,430 | +€9,879 | +45.8% |
| Trade receivables | 40 | €3,000 | €3,000 | = | 0.0% |
| Other amounts receivable | 41 | €18,551 | €28,430 | +€9,879 | +53.3% |
| Current investments | 50/53 | €100,000 | €149,035 | +€49,035 | +49.0% |
| Cash at bank and in hand | 54/58 | €358,765 | €396,294 | +€37,529 | +10.5% |
| Deferred charges and accrued income | 490/1 | €55,015 | €53,155 | -€1,860 | -3.4% |
| Total equity and liabilities | 10/49 | €682,300 | €750,089 | +€67,789 | +9.9% |
| Equity | 10/15 | €415,816 | €423,967 | +€8,151 | +2.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €408,659 | €417,659 | +€9,000 | +2.2% |
| Distributable reserves | 133 | €408,659 | €417,659 | +€9,000 | +2.2% |
| Profit (loss) carried forward | 14 | €959 | €111 | -€849 | -88.5% |
| Amounts payable | 17/49 | €266,485 | €326,122 | +€59,637 | +22.4% |
| Amounts payable after more than one year | 17 | €94,300 | €80,671 | -€13,630 | -14.5% |
| Financial debts | 170/4 | €94,300 | €80,671 | -€13,630 | -14.5% |
| Amounts payable within one year | 42/48 | €167,079 | €240,045 | +€72,967 | +43.7% |
| Current portion of amounts payable after more than one year | 42 | €13,297 | €13,630 | +€332 | +2.5% |
| Trade debts | 44 | €12,186 | €14,595 | +€2,410 | +19.8% |
| Suppliers | 440/4 | €12,186 | €14,595 | +€2,410 | +19.8% |
| Taxes, remuneration and social security | 45 | €41,493 | €50,431 | +€8,937 | +21.5% |
| Taxes | 450/3 | €6,159 | €8,930 | +€2,770 | +45.0% |
| Remuneration and social security | 454/9 | €35,334 | €41,501 | +€6,167 | +17.5% |
| Other amounts payable | 47/48 | €100,103 | €161,390 | +€61,287 | +61.2% |
| Accrued charges and deferred income | 492/3 | €5,106 | €5,406 | +€300 | +5.9% |
| Remuneration, social security and pensions | 62 | €201,805 | €249,387 | +€47,581 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,897 | €26,794 | -€103 | -0.4% |
| Other operating charges | 640/8 | €14,470 | €32,522 | +€18,052 | +125% |
| Gross operating margin | 9900 | €495,712 | €536,733 | +€41,022 | +8.3% |
| Operating profit (loss) | 9901 | €252,539 | €228,031 | -€24,509 | -9.7% |
| Financial income | 75/76B | €949 | €2,831 | +€1,883 | +198% |
| Recurring financial income | 75 | €949 | €2,831 | +€1,883 | +198% |
| Financial charges | 65/66B | €5,104 | €4,074 | -€1,030 | -20.2% |
| Recurring financial charges | 65 | €5,104 | €4,074 | -€1,030 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €248,384 | €226,788 | -€21,596 | -8.7% |
| Income taxes | 67/77 | €64,067 | €58,637 | -€5,430 | -8.5% |
| Profit (loss) for the period | 9904 | €184,317 | €168,151 | -€16,166 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €184,317 | €168,151 | -€16,166 | -8.8% |
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 2 November 2026 via checked.be.