EMILY GILLIS: what changed
EMILY GILLIS
Largest movements
- Cash +€32,024
up €32,024 (+162%), from €19,722 to €51,746
mainly Net result for the year (+€27,253) and Tax, wage and social debts (+€4,372)
- Deferred charges and accrued income +€2,731
up €2,731 (+1,568%), from €174 to €2,905
- Tangible fixed assets -€1,875
down €1,875 (-54.6%), from €3,432 to €1,557
- Reserves +€27,253
up €27,253 (+166%), from €16,423 to €43,676
- Tax, wage and social debts +€4,372
up €4,372 (+77.9%), from €5,611 to €9,983
of which Taxes: +€2,562
- Gross operating margin +€16,361
up €16,361 (+72.7%), from €22,510 to €38,871
- Taxes +€2,248
up €2,248 (+40.1%), from €5,611 to €7,859
- Other operating charges +€1,676
up €1,676 (+1,202%), from €139 to €1,815
- Depreciation +€1,557
up €1,557 (+489%), from €318 to €1,875
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 | €31,265 | €63,605 | +€32,340 | +103% |
| Fixed assets | 21/28 | €3,432 | €1,557 | -€1,875 | -54.6% |
| Tangible fixed assets | 22/27 | €3,432 | €1,557 | -€1,875 | -54.6% |
| Furniture and vehicles | 24 | €3,432 | €1,557 | -€1,875 | -54.6% |
| Current assets | 29/58 | €27,834 | €62,049 | +€34,215 | +123% |
| Amounts receivable within one year | 40/41 | €7,938 | €7,398 | -€540 | -6.8% |
| Trade receivables | 40 | €7,938 | €7,398 | -€540 | -6.8% |
| Cash at bank and in hand | 54/58 | €19,722 | €51,746 | +€32,024 | +162% |
| Deferred charges and accrued income | 490/1 | €174 | €2,905 | +€2,731 | +1,568% |
| Total equity and liabilities | 10/49 | €31,265 | €63,605 | +€32,340 | +103% |
| Equity | 10/15 | €19,423 | €46,676 | +€27,253 | +140% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,423 | €43,676 | +€27,253 | +166% |
| Distributable reserves | 133 | €16,423 | €43,676 | +€27,253 | +166% |
| Amounts payable | 17/49 | €11,843 | €16,929 | +€5,087 | +43.0% |
| Amounts payable within one year | 42/48 | €10,343 | €15,429 | +€5,087 | +49.2% |
| Trade debts | 44 | - | €85 | +€85 | |
| Suppliers | 440/4 | - | €85 | +€85 | |
| Taxes, remuneration and social security | 45 | €5,611 | €9,983 | +€4,372 | +77.9% |
| Taxes | 450/3 | €5,611 | €8,174 | +€2,562 | +45.7% |
| Remuneration and social security | 454/9 | - | €1,810 | +€1,810 | |
| Other amounts payable | 47/48 | €4,731 | €5,361 | +€630 | +13.3% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318 | €1,875 | +€1,557 | +489% |
| Other operating charges | 640/8 | €139 | €1,815 | +€1,676 | +1,202% |
| Gross operating margin | 9900 | €22,510 | €38,871 | +€16,361 | +72.7% |
| Operating profit (loss) | 9901 | €22,052 | €35,181 | +€13,129 | +59.5% |
| Financial charges | 65/66B | €18 | €68 | +€51 | +290% |
| Recurring financial charges | 65 | €18 | €68 | +€51 | +290% |
| Profit (loss) for the period before taxes | 9903 | €22,034 | €35,112 | +€13,078 | +59.4% |
| Income taxes | 67/77 | €5,611 | €7,859 | +€2,248 | +40.1% |
| Profit (loss) for the period | 9904 | €16,423 | €27,253 | +€10,830 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,423 | €27,253 | +€10,830 | +65.9% |
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 3 November 2026 via checked.be.