GILANEST: 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.
GILANEST
Largest movements
- Deferred charges and accrued income +€17,763
up €17,763 (+537%), from €3,310 to €21,072
- Tangible fixed assets -€12,779
down €12,779 (-33.7%), from €37,870 to €25,092
of which Furniture and vehicles: -€13,596
- Receivables within one year -€4,649
down €4,649 (-11.6%), from €39,965 to €35,316
of which Trade receivables: -€4,600
- Cash +€2,209
up €2,209 (+3.9%), from €56,198 to €58,407
mainly Other debts (+€26,173) and Depreciation (+€13,633)
- Other debts +€26,173
up €26,173 (+36.3%), from €72,046 to €98,219
- Profit (loss) carried forward -€12,039
down €12,039 (-51.3%), from -€23,448 to -€35,487
- Debts after one year -€8,607
down €8,607 (-92.2%), from €9,338 to €731
- Trade debts -€3,284
down €3,284 (-29.7%), from €11,062 to €7,778
- Gross operating margin -€42,375
down €42,375 (-89.4%), from €47,416 to €5,041
- Other operating charges -€1,173
down €1,173 (-42.6%), from €2,756 to €1,583
- Financial charges -€635
down €635 (-28.1%), from €2,258 to €1,623
- Depreciation -€566
down €566 (-4.0%), from €14,200 to €13,633
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 | €137,343 | €139,887 | +€2,545 | +1.9% |
| Fixed assets | 21/28 | €37,870 | €25,092 | -€12,779 | -33.7% |
| Tangible fixed assets | 22/27 | €37,870 | €25,092 | -€12,779 | -33.7% |
| Furniture and vehicles | 24 | €37,870 | €24,275 | -€13,596 | -35.9% |
| Other tangible fixed assets | 26 | - | €817 | +€817 | |
| Current assets | 29/58 | €99,472 | €114,796 | +€15,323 | +15.4% |
| Amounts receivable within one year | 40/41 | €39,965 | €35,316 | -€4,649 | -11.6% |
| Trade receivables | 40 | €4,600 | €0 | -€4,600 | -100% |
| Other amounts receivable | 41 | €35,365 | €35,316 | -€49 | -0.1% |
| Cash at bank and in hand | 54/58 | €56,198 | €58,407 | +€2,209 | +3.9% |
| Deferred charges and accrued income | 490/1 | €3,310 | €21,072 | +€17,763 | +537% |
| Total equity and liabilities | 10/49 | €137,343 | €139,887 | +€2,545 | +1.9% |
| Equity | 10/15 | €31,761 | €19,722 | -€12,039 | -37.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €42,809 | €42,809 | = | 0.0% |
| Distributable reserves | 133 | €42,809 | €42,809 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,448 | -€35,487 | -€12,039 | -51.3% |
| Amounts payable | 17/49 | €105,582 | €120,166 | +€14,584 | +13.8% |
| Amounts payable after more than one year | 17 | €9,338 | €731 | -€8,607 | -92.2% |
| Financial debts | 170/4 | €9,338 | €731 | -€8,607 | -92.2% |
| Amounts payable within one year | 42/48 | €96,243 | €119,434 | +€23,191 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €8,305 | €8,607 | +€302 | +3.6% |
| Trade debts | 44 | €11,062 | €7,778 | -€3,284 | -29.7% |
| Suppliers | 440/4 | €11,062 | €7,778 | -€3,284 | -29.7% |
| Taxes, remuneration and social security | 45 | €4,830 | €4,830 | = | 0.0% |
| Taxes | 450/3 | €4,830 | €4,830 | = | 0.0% |
| Other amounts payable | 47/48 | €72,046 | €98,219 | +€26,173 | +36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,200 | €13,633 | -€566 | -4.0% |
| Other operating charges | 640/8 | €2,756 | €1,583 | -€1,173 | -42.6% |
| Gross operating margin | 9900 | €47,416 | €5,041 | -€42,375 | -89.4% |
| Operating profit (loss) | 9901 | €30,460 | -€10,175 | -€40,636 | |
| Financial income | 75/76B | - | €121 | +€121 | |
| Recurring financial income | 75 | - | €121 | +€121 | |
| Financial charges | 65/66B | €2,258 | €1,623 | -€635 | -28.1% |
| Recurring financial charges | 65 | €2,258 | €1,623 | -€635 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €28,203 | -€11,677 | -€39,880 | |
| Income taxes | 67/77 | €321 | €362 | +€41 | +12.8% |
| Profit (loss) for the period | 9904 | €27,881 | -€12,039 | -€39,921 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,881 | -€12,039 | -€39,921 |
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 15 October 2026 via checked.be.