Ets. Ph. Gillet: 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.
Ets. Ph. Gillet
Largest movements
- Financial fixed assets +€47,272
up €47,272 (+3.2%), from €1.5m to €1.5m
- Debts after one year +€51,833
up €51,833 (+4.6%), from €1.1m to €1.2m
of which Financial debts: +€1.2m
- Other operating charges -€1,690
down €1,690 (-49.6%), from €3,409 to €1,719
- Gross operating margin +€289
up €289 (+17.0%), from -€1,694 to -€1,405
- Financial charges -€180
down €180 (-80.2%), from €224 to €45
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 | €1,490,106 | €1,537,443 | +€47,337 | +3.2% |
| Fixed assets | 21/28 | €1,490,071 | €1,537,343 | +€47,272 | +3.2% |
| Financial fixed assets | 28 | €1,490,071 | €1,537,343 | +€47,272 | +3.2% |
| Current assets | 29/58 | €35 | €101 | +€66 | +188% |
| Cash at bank and in hand | 54/58 | €35 | €101 | +€66 | +188% |
| Total equity and liabilities | 10/49 | €1,490,106 | €1,537,443 | +€47,337 | +3.2% |
| Equity | 10/15 | €360,413 | €355,918 | -€4,495 | -1.2% |
| Contributions | 10/11 | €409,024 | €409,024 | = | 0.0% |
| Reserves | 13 | €712,768 | €712,768 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,590 | €12,590 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €12,590 | +€12,590 | |
| Other | 1319 | €12,590 | - | -€12,590 | |
| Tax-exempt reserves | 132 | €597,054 | €597,054 | = | 0.0% |
| Distributable reserves | 133 | €103,125 | €103,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€761,379 | -€765,874 | -€4,495 | -0.6% |
| Amounts payable | 17/49 | €1,129,693 | €1,181,526 | +€51,833 | +4.6% |
| Amounts payable after more than one year | 17 | €1,128,365 | €1,180,198 | +€51,833 | +4.6% |
| Financial debts | 170/4 | - | €1,180,198 | +€1.2m | |
| Other amounts payable | 178/9 | €1,128,365 | - | -€1.1m | |
| Amounts payable within one year | 42/48 | €1,327 | €1,327 | = | 0.0% |
| Trade debts | 44 | €1,327 | €1,327 | = | 0.0% |
| Suppliers | 440/4 | €1,327 | €1,327 | = | 0.0% |
| Other operating charges | 640/8 | €3,409 | €1,719 | -€1,690 | -49.6% |
| Non-recurring operating charges | 66A | - | €1,326 | +€1,326 | |
| Gross operating margin | 9900 | -€1,694 | -€1,405 | +€289 | +17.0% |
| Operating profit (loss) | 9901 | -€5,103 | -€4,451 | +€652 | +12.8% |
| Financial charges | 65/66B | €224 | €45 | -€180 | -80.2% |
| Recurring financial charges | 65 | €224 | €45 | -€180 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,328 | -€4,495 | +€832 | +15.6% |
| Profit (loss) for the period | 9904 | -€5,328 | -€4,495 | +€832 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,328 | -€4,495 | +€832 | +15.6% |
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 25 October 2026 via checked.be.