G ILIASS: 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.
G ILIASS
Largest movements
- Cash +€30,222
up €30,222 (+153%), from €19,809 to €50,031
mainly Trade debts (+€31,231) and Tax, wage and social debts (+€21,735)
- Receivables within one year -€16,829
down €16,829 (-41.7%), from €40,385 to €23,556
of which Trade receivables: -€20,005
- Stocks and contracts -€1,659
no longer reported in 2024 (was €1,659)
- Trade debts +€31,231
up €31,231 (+215%), from €14,499 to €45,730
- Advances received -€25,970
down €25,970 (-73.2%), from €35,472 to €9,502
- Tax, wage and social debts +€21,735
up €21,735 (+157%), from €13,872 to €35,607
of which Remuneration and social security: +€17,055
- Profit (loss) carried forward -€15,146
down €15,146 (-956%), from -€1,584 to -€16,730
- Turnover +€44,406
up €44,406 (+29.9%), from €148,712 to €193,118
- Staff costs +€36,361
up €36,361 (+78.3%), from €46,432 to €82,792
- Purchases and services +€27,216
up €27,216 (+27.2%), from €99,920 to €127,137
- Gross operating margin +€20,180
up €20,180 (+41.4%), from €48,792 to €68,971
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,559 | €76,109 | +€11,551 | +17.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,400 | €2,400 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €62,159 | €73,709 | +€11,551 | +18.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €1,659 | - | -€1,659 | |
| Stocks | 30/36 | €1,659 | - | -€1,659 | |
| Amounts receivable within one year | 40/41 | €40,385 | €23,556 | -€16,829 | -41.7% |
| Trade receivables | 40 | €37,428 | €17,423 | -€20,005 | -53.4% |
| Other amounts receivable | 41 | €2,957 | €6,133 | +€3,176 | +107% |
| Cash at bank and in hand | 54/58 | €19,809 | €50,031 | +€30,222 | +153% |
| Deferred charges and accrued income | 490/1 | €305 | €122 | -€183 | -60.0% |
| Total equity and liabilities | 10/49 | €64,559 | €76,109 | +€11,551 | +17.9% |
| Equity | 10/15 | €416 | -€14,730 | -€15,146 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €0 | - | = | |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Share premium | 1100/10 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€1,584 | -€16,730 | -€15,146 | -956% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Amounts payable | 17/49 | €64,142 | €90,839 | +€26,697 | +41.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €63,843 | €90,839 | +€26,997 | +42.3% |
| Financial debts | 43 | €0 | - | = | |
| Trade debts | 44 | €14,499 | €45,730 | +€31,231 | +215% |
| Suppliers | 440/4 | €14,499 | €45,730 | +€31,231 | +215% |
| Advances received on contracts in progress | 46 | €35,472 | €9,502 | -€25,970 | -73.2% |
| Taxes, remuneration and social security | 45 | €13,872 | €35,607 | +€21,735 | +157% |
| Taxes | 450/3 | €890 | €5,570 | +€4,680 | +526% |
| Remuneration and social security | 454/9 | €12,982 | €30,037 | +€17,055 | +131% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €300 | - | -€300 | |
| Turnover | 70 | €148,712 | €193,118 | +€44,406 | +29.9% |
| Non-recurring operating income | 76A | €0 | €2,990 | +€2,990 | |
| Goods, raw materials, services and sundry goods | 60/61 | €99,920 | €127,137 | +€27,216 | +27.2% |
| Remuneration, social security and pensions | 62 | €46,432 | €82,792 | +€36,361 | +78.3% |
| Other operating charges | 640/8 | €1,087 | €1,041 | -€46 | -4.2% |
| Non-recurring operating charges | 66A | €869 | €9 | -€860 | -99.0% |
| Gross operating margin | 9900 | €48,792 | €68,971 | +€20,180 | +41.4% |
| Operating profit (loss) | 9901 | €404 | -€14,871 | -€15,275 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €58 | €275 | +€218 | +378% |
| Recurring financial charges | 65 | €58 | €275 | +€218 | +378% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €350 | -€15,146 | -€15,496 | |
| Profit (loss) for the period | 9904 | €350 | -€15,146 | -€15,496 | |
| Profit (loss) for the period to be appropriated | 9905 | €350 | -€15,146 | -€15,496 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.