GIL: what changed
Two fiscal 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.
GIL
Largest movements
- Receivables within one year +€38,427
up €38,427 (+776.7%), from €4,947 to €43,375
of which Other amounts receivable: +€39,389
- Tangible fixed assets -€9,628
down €9,628 (-9.9%), from €97,060 to €87,432
- Cash -€2,632
down €2,632 (-94.1%), from €2,797 to €165
mainly Receivables within one year (-€38,427)
- Profit (loss) carried forward +€20,683
up €20,683 (+95.6%), from €21,640 to €42,323
- Tax, wage and social debts +€5,485
up €5,485 (+262.8%), from €2,087 to €7,572
- Gross operating margin +€21,317
up €21,317 (+113.2%), from €18,834 to €40,151
- Taxes +€8,495
up €8,495, from -€966 to €7,529
- Financial charges +€743
up €743 (+1076.3%), from €69 to €812
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.
Cash bridge derived
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 | €104,804 | €130,972 | +€26,168 | +25.0% |
| Fixed assets | 21/28 | €97,060 | €87,432 | -€9,628 | -9.9% |
| Tangible fixed assets | 22/27 | €97,060 | €87,432 | -€9,628 | -9.9% |
| Land and buildings | 22 | €97,060 | €87,432 | -€9,628 | -9.9% |
| Current assets | 29/58 | €7,744 | €43,540 | +€35,796 | +462.2% |
| Amounts receivable within one year | 40/41 | €4,947 | €43,375 | +€38,427 | +776.7% |
| Trade receivables | 40 | €961 | - | -€961 | |
| Other amounts receivable | 41 | €3,986 | €43,375 | +€39,389 | +988.2% |
| Cash at bank and in hand | 54/58 | €2,797 | €165 | -€2,632 | -94.1% |
| Total equity and liabilities | 10/49 | €104,804 | €130,972 | +€26,168 | +25.0% |
| Equity | 10/15 | €89,840 | €110,523 | +€20,683 | +23.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,640 | €42,323 | +€20,683 | +95.6% |
| Amounts payable | 17/49 | €14,964 | €20,449 | +€5,485 | +36.7% |
| Amounts payable within one year | 42/48 | €14,964 | €20,449 | +€5,485 | +36.7% |
| Taxes, remuneration and social security | 45 | €2,087 | €7,572 | +€5,485 | +262.8% |
| Taxes | 450/3 | €2,087 | €7,572 | +€5,485 | +262.8% |
| Other amounts payable | 47/48 | €12,877 | €12,877 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,628 | €9,628 | = | 0.0% |
| Other operating charges | 640/8 | €1,476 | €1,499 | +€23 | +1.5% |
| Gross operating margin | 9900 | €18,834 | €40,151 | +€21,317 | +113.2% |
| Operating profit (loss) | 9901 | €7,729 | €29,024 | +€21,295 | +275.5% |
| Financial charges | 65/66B | €69 | €812 | +€743 | +1076.3% |
| Recurring financial charges | 65 | €69 | €812 | +€743 | +1076.3% |
| Profit (loss) for the period before taxes | 9903 | €7,660 | €28,212 | +€20,552 | +268.3% |
| Income taxes | 67/77 | -€966 | €7,529 | +€8,495 | |
| Profit (loss) for the period | 9904 | €8,626 | €20,683 | +€12,057 | +139.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,626 | €20,683 | +€12,057 | +139.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.