Ets GILLARDIN: what changed
What changed
Ets GILLARDIN
filed annual accounts (NBB)
Net result for the year
-€23,130
2023 · -€39,574+€16,445
Equity
€459,867
2023 · €482,996-€23,130
Cash
€106,211
2023 · €104,322+€1,889
Balance sheet total
€461,102
2023 · €504,896-€43,794
Largest movements
Assets
- Deferred charges and accrued income -€35,138
down €35,138 (-23.5%), from €149,346 to €114,208
- Current investments -€15,000
down €15,000 (-6.2%), from €240,738 to €225,738
Equity and liabilities
- Profit (loss) carried forward -€23,130
down €23,130 (-140%), from -€16,474 to -€39,604
- Trade debts -€20,495
down €20,495 (-95.8%), from €21,389 to €894
Income statement
- Gross operating margin +€18,216
up €18,216 (+67.4%), from -€27,035 to -€8,819
- Financial charges +€8,576
up €8,576 (+1,330%), from €645 to €9,220
- Other operating charges -€4,000
down €4,000 (-33.7%), from €11,857 to €7,857
- Financial income +€3,806
up €3,806 (+24,228%), from €16 to €3,822
- Taxes +€1,150
up €1,150, from -€95 to €1,055
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€39,574
Gross operating margin
+€18,216
Staff costs
+€149
Other operating charges
+€4,000
Financial income
+€3,806
Financial charges
-€8,576
Taxes
-€1,150
Result 2024
-€23,130
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€13,111
Investment
+€15,000
Financing
€0
Cash 2023
€104,322
From operations (derived)
-€13,111
Net result for the year
-€23,130
Receivables within one year
-€4,455
Deferred charges and accrued income
+€35,138
Trade debts
-€20,495
Other debts
-€511
Accrued charges and deferred income
+€341
Investment (derived)
+€15,000
Current investments
+€15,000
Cash 2024
€106,211
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €504,896 | €461,102 | -€43,794 | -8.7% |
| Fixed assets | 21/28 | €150 | €150 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €504,746 | €460,952 | -€43,794 | -8.7% |
| Amounts receivable within one year | 40/41 | €10,340 | €14,795 | +€4,455 | +43.1% |
| Trade receivables | 40 | €113 | €113 | = | 0.0% |
| Other amounts receivable | 41 | €10,227 | €14,682 | +€4,455 | +43.6% |
| Current investments | 50/53 | €240,738 | €225,738 | -€15,000 | -6.2% |
| Cash at bank and in hand | 54/58 | €104,322 | €106,211 | +€1,889 | +1.8% |
| Deferred charges and accrued income | 490/1 | €149,346 | €114,208 | -€35,138 | -23.5% |
| Total equity and liabilities | 10/49 | €504,896 | €461,102 | -€43,794 | -8.7% |
| Equity | 10/15 | €482,996 | €459,867 | -€23,130 | -4.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €480,471 | €480,471 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €459,821 | €459,821 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,474 | -€39,604 | -€23,130 | -140% |
| Amounts payable | 17/49 | €21,900 | €1,235 | -€20,664 | -94.4% |
| Amounts payable within one year | 42/48 | €21,900 | €894 | -€21,005 | -95.9% |
| Trade debts | 44 | €21,389 | €894 | -€20,495 | -95.8% |
| Suppliers | 440/4 | €21,389 | €894 | -€20,495 | -95.8% |
| Other amounts payable | 47/48 | €511 | - | -€511 | |
| Accrued charges and deferred income | 492/3 | - | €341 | +€341 | |
| Remuneration, social security and pensions | 62 | €149 | - | -€149 | |
| Other operating charges | 640/8 | €11,857 | €7,857 | -€4,000 | -33.7% |
| Gross operating margin | 9900 | -€27,035 | -€8,819 | +€18,216 | +67.4% |
| Operating profit (loss) | 9901 | -€39,041 | -€16,676 | +€22,364 | +57.3% |
| Financial income | 75/76B | €16 | €3,822 | +€3,806 | +24,228% |
| Recurring financial income | 75 | €16 | €3,822 | +€3,806 | +24,228% |
| Financial charges | 65/66B | €645 | €9,220 | +€8,576 | +1,330% |
| Recurring financial charges | 65 | €645 | €9,220 | +€8,576 | +1,330% |
| Profit (loss) for the period before taxes | 9903 | -€39,670 | -€22,075 | +€17,595 | +44.4% |
| Income taxes | 67/77 | -€95 | €1,055 | +€1,150 | |
| Profit (loss) for the period | 9904 | -€39,574 | -€23,130 | +€16,445 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,574 | -€23,130 | +€16,445 | +41.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.