Dr. Kris Gillis: what changed
Dr. Kris Gillis
Largest movements
- Cash +€28,199
up €28,199 (+24.0%), from €117,595 to €145,794
mainly Other debts (+€224,340) and Net result for the year (+€153,379)
- Current investments +€25,000
new in 2025: €25,000
- Receivables within one year +€9,615
up €9,615 (+20.4%), from €47,102 to €56,717
of which Other amounts receivable: +€8,056
- Tangible fixed assets +€6,812
up €6,812 (+488%), from €1,397 to €8,209
- Other debts +€224,340
up €224,340 (+3,625%), from €6,189 to €230,529
- Reserves -€122,978
no longer reported in 2025 (was €122,978)
- Tax, wage and social debts -€31,159
down €31,159 (-99.0%), from €31,489 to €330
- Gross operating margin +€92,123
up €92,123 (+76.7%), from €120,072 to €212,195
- Taxes +€23,474
up €23,474 (+75.3%), from €31,159 to €54,633
- Financial charges +€2,720
up €2,720 (+117%), from €2,332 to €5,052
- Financial income +€2,297
up €2,297 (+353,382%), from €1 to €2,298
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 | €166,094 | €238,082 | +€71,988 | +43.3% |
| Fixed assets | 21/28 | €1,397 | €8,209 | +€6,812 | +488% |
| Tangible fixed assets | 22/27 | €1,397 | €8,209 | +€6,812 | +488% |
| Other tangible fixed assets | 26 | €1,397 | €8,209 | +€6,812 | +488% |
| Current assets | 29/58 | €164,698 | €229,873 | +€65,176 | +39.6% |
| Amounts receivable within one year | 40/41 | €47,102 | €56,717 | +€9,615 | +20.4% |
| Trade receivables | 40 | €47,102 | €48,661 | +€1,559 | +3.3% |
| Other amounts receivable | 41 | - | €8,056 | +€8,056 | |
| Current investments | 50/53 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €117,595 | €145,794 | +€28,199 | +24.0% |
| Deferred charges and accrued income | 490/1 | - | €2,362 | +€2,362 | |
| Total equity and liabilities | 10/49 | €166,094 | €238,082 | +€71,988 | +43.3% |
| Equity | 10/15 | €123,978 | €1,000 | -€122,978 | -99.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €122,978 | - | -€122,978 | |
| Distributable reserves | 133 | €122,978 | - | -€122,978 | |
| Amounts payable | 17/49 | €42,116 | €237,082 | +€194,966 | +463% |
| Amounts payable within one year | 42/48 | €37,743 | €230,981 | +€193,238 | +512% |
| Trade debts | 44 | €65 | €122 | +€57 | +86.7% |
| Suppliers | 440/4 | €65 | €122 | +€57 | +86.7% |
| Taxes, remuneration and social security | 45 | €31,489 | €330 | -€31,159 | -99.0% |
| Taxes | 450/3 | €31,489 | €330 | -€31,159 | -99.0% |
| Other amounts payable | 47/48 | €6,189 | €230,529 | +€224,340 | +3,625% |
| Accrued charges and deferred income | 492/3 | €4,374 | €6,102 | +€1,728 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188 | €965 | +€778 | +415% |
| Other operating charges | 640/8 | €283 | €464 | +€181 | +64.1% |
| Gross operating margin | 9900 | €120,072 | €212,195 | +€92,123 | +76.7% |
| Operating profit (loss) | 9901 | €119,602 | €210,766 | +€91,164 | +76.2% |
| Financial income | 75/76B | €1 | €2,298 | +€2,297 | +353,382% |
| Recurring financial income | 75 | €1 | €2,298 | +€2,297 | +353,382% |
| Financial charges | 65/66B | €2,332 | €5,052 | +€2,720 | +117% |
| Recurring financial charges | 65 | €2,332 | €5,052 | +€2,720 | +117% |
| Profit (loss) for the period before taxes | 9903 | €117,271 | €208,012 | +€90,741 | +77.4% |
| Income taxes | 67/77 | €31,159 | €54,633 | +€23,474 | +75.3% |
| Profit (loss) for the period | 9904 | €86,112 | €153,379 | +€67,267 | +78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €86,112 | €153,379 | +€67,267 | +78.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.