GIL - CON: 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.
GIL - CON
Largest movements
- Cash -€18,620
down €18,620 (-73.1%), from €25,456 to €6,835
mainly Debts after one year (-€20,251) and Receivables within one year (-€12,348)
- Receivables within one year +€12,348
up €12,348 (+25.2%), from €49,090 to €61,438
of which Trade receivables: +€12,600
- Debts after one year -€20,251
down €20,251 (-7.6%), from €266,901 to €246,649
- Profit (loss) carried forward +€14,645
up €14,645 (+111%), from €13,206 to €27,851
- Trade debts -€10,999
down €10,999 (-62.0%), from €17,742 to €6,743
- Accrued charges and deferred income +€7,500
new in 2025: €7,500
- Gross operating margin +€18,634
up €18,634 (+76.9%), from €24,246 to €42,880
- Taxes +€6,044
up €6,044 (+188%), from €3,208 to €9,252
- Depreciation +€842
up €842 (+7.5%), from €11,228 to €12,071
- Other operating charges +€807
up €807 (+200%), from €404 to €1,211
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 | €419,168 | €412,273 | -€6,895 | -1.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €344,622 | €344,000 | -€622 | -0.2% |
| Tangible fixed assets | 22/27 | €337,122 | €336,500 | -€622 | -0.2% |
| Land and buildings | 22 | €273,966 | €333,017 | +€59,051 | +21.6% |
| Plant, machinery and equipment | 23 | €791 | €471 | -€320 | -40.4% |
| Furniture and vehicles | 24 | €3,909 | €3,012 | -€897 | -22.9% |
| Assets under construction and advance payments | 27 | €58,456 | - | -€58,456 | |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €74,545 | €68,273 | -€6,272 | -8.4% |
| Amounts receivable within one year | 40/41 | €49,090 | €61,438 | +€12,348 | +25.2% |
| Trade receivables | 40 | €48,838 | €61,438 | +€12,600 | +25.8% |
| Other amounts receivable | 41 | €252 | €0 | -€252 | -100% |
| Cash at bank and in hand | 54/58 | €25,456 | €6,835 | -€18,620 | -73.1% |
| Total equity and liabilities | 10/49 | €419,168 | €412,273 | -€6,895 | -1.6% |
| Equity | 10/15 | €64,099 | €78,744 | +€14,645 | +22.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,292 | €32,292 | = | 0.0% |
| Distributable reserves | 133 | €32,292 | €32,292 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,206 | €27,851 | +€14,645 | +111% |
| Amounts payable | 17/49 | €355,069 | €333,529 | -€21,540 | -6.1% |
| Amounts payable after more than one year | 17 | €266,901 | €246,649 | -€20,251 | -7.6% |
| Financial debts | 170/4 | €266,901 | €246,649 | -€20,251 | -7.6% |
| Amounts payable within one year | 42/48 | €88,168 | €79,380 | -€8,788 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €19,844 | €20,251 | +€408 | +2.1% |
| Trade debts | 44 | €17,742 | €6,743 | -€10,999 | -62.0% |
| Suppliers | 440/4 | €17,742 | €6,743 | -€10,999 | -62.0% |
| Taxes, remuneration and social security | 45 | - | €3,001 | +€3,001 | |
| Taxes | 450/3 | - | €3,001 | +€3,001 | |
| Other amounts payable | 47/48 | €50,582 | €49,384 | -€1,198 | -2.4% |
| Accrued charges and deferred income | 492/3 | - | €7,500 | +€7,500 | |
| Remuneration, social security and pensions | 62 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,228 | €12,071 | +€842 | +7.5% |
| Other operating charges | 640/8 | €404 | €1,211 | +€807 | +200% |
| Gross operating margin | 9900 | €24,246 | €42,880 | +€18,634 | +76.9% |
| Operating profit (loss) | 9901 | €12,230 | €29,598 | +€17,369 | +142% |
| Financial income | 75/76B | - | €423 | +€423 | |
| Recurring financial income | 75 | - | €423 | +€423 | |
| Financial charges | 65/66B | €6,500 | €6,125 | -€376 | -5.8% |
| Recurring financial charges | 65 | €6,500 | €6,125 | -€376 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €5,730 | €23,897 | +€18,168 | +317% |
| Income taxes | 67/77 | €3,208 | €9,252 | +€6,044 | +188% |
| Profit (loss) for the period | 9904 | €2,521 | €14,645 | +€12,124 | +481% |
| Profit (loss) for the period to be appropriated | 9905 | €2,521 | €14,645 | +€12,124 | +481% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.