Gildenhuis: 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.
Gildenhuis
Largest movements
- Tangible fixed assets -€64,681
down €64,681 (-2.0%), from €3.2m to €3.2m
of which Land and buildings: -€114,377
- Receivables within one year +€54,495
up €54,495 (+15.9%), from €343,130 to €397,625
of which Trade receivables: +€55,179
- Cash -€49,230
down €49,230 (-17.8%), from €276,806 to €227,576
mainly Debts after one year (-€199,221) and Investment in fixed assets (net) (-€185,912)
- Debts after one year -€199,221
down €199,221 (-10.0%), from €2.0m to €1.8m
- Profit (loss) carried forward +€159,564
up €159,564 (+16.8%), from -€952,399 to -€792,835
- Trade debts -€44,435
down €44,435 (-21.2%), from €209,116 to €164,681
- Turnover +€76,861
up €76,861 (+9.9%), from €774,349 to €851,210
- Purchases and services +€63,011
up €63,011 (+23.6%), from €266,657 to €329,668
- Gross operating margin +€25,457
up €25,457 (+5.0%), from €507,692 to €533,149
- Provisions -€14,456
no longer reported in 2025 (was €14,456)
- Other operating charges +€13,403
up €13,403 (+28.5%), from €47,055 to €60,458
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 | €3,872,260 | €3,808,422 | -€63,838 | -1.6% |
| Fixed assets | 21/28 | €3,244,755 | €3,180,074 | -€64,681 | -2.0% |
| Tangible fixed assets | 22/27 | €3,244,507 | €3,179,826 | -€64,681 | -2.0% |
| Land and buildings | 22 | €3,220,673 | €3,106,296 | -€114,377 | -3.6% |
| Plant, machinery and equipment | 23 | €4,874 | €3,509 | -€1,365 | -28.0% |
| Furniture and vehicles | 24 | €18,960 | €14,220 | -€4,740 | -25.0% |
| Assets under construction and advance payments | 27 | - | €55,801 | +€55,801 | |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €627,505 | €628,348 | +€843 | +0.1% |
| Amounts receivable within one year | 40/41 | €343,130 | €397,625 | +€54,495 | +15.9% |
| Trade receivables | 40 | €342,437 | €397,616 | +€55,179 | +16.1% |
| Other amounts receivable | 41 | €693 | €9 | -€684 | -98.7% |
| Cash at bank and in hand | 54/58 | €276,806 | €227,576 | -€49,230 | -17.8% |
| Deferred charges and accrued income | 490/1 | €7,569 | €3,147 | -€4,422 | -58.4% |
| Total equity and liabilities | 10/49 | €3,872,260 | €3,808,422 | -€63,838 | -1.6% |
| Equity | 10/15 | €1,372,883 | €1,532,447 | +€159,564 | +11.6% |
| Contributions | 10/11 | €2,232,000 | €2,232,000 | = | 0.0% |
| Capital | 10 | €2,232,000 | €2,232,000 | = | 0.0% |
| Issued capital | 100 | €2,232,000 | €2,232,000 | = | 0.0% |
| Reserves | 13 | €93,282 | €93,282 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,687 | €3,687 | = | 0.0% |
| Legal reserve | 130 | €3,687 | €3,687 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,474 | €33,474 | = | 0.0% |
| Distributable reserves | 133 | €56,121 | €56,121 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€952,399 | -€792,835 | +€159,564 | +16.8% |
| Provisions and deferred taxes | 16 | €29,828 | €29,828 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €29,828 | €29,828 | = | 0.0% |
| Major repairs and maintenance | 162 | €29,828 | €29,828 | = | 0.0% |
| Amounts payable | 17/49 | €2,469,549 | €2,246,147 | -€223,402 | -9.0% |
| Amounts payable after more than one year | 17 | €1,997,036 | €1,797,815 | -€199,221 | -10.0% |
| Financial debts | 170/4 | €1,997,036 | €1,797,815 | -€199,221 | -10.0% |
| Amounts payable within one year | 42/48 | €409,747 | €377,713 | -€32,034 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €198,286 | €199,221 | +€935 | +0.5% |
| Trade debts | 44 | €209,116 | €164,681 | -€44,435 | -21.2% |
| Suppliers | 440/4 | €209,116 | €164,681 | -€44,435 | -21.2% |
| Taxes, remuneration and social security | 45 | - | €11,466 | +€11,466 | |
| Taxes | 450/3 | - | €11,466 | +€11,466 | |
| Other amounts payable | 47/48 | €2,345 | €2,345 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €62,766 | €70,619 | +€7,853 | +12.5% |
| Turnover | 70 | €774,349 | €851,210 | +€76,861 | +9.9% |
| Non-recurring operating income | 76A | €0 | €11,607 | +€11,607 | |
| Goods, raw materials, services and sundry goods | 60/61 | €266,657 | €329,668 | +€63,011 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257,665 | €250,593 | -€7,072 | -2.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €14,456 | - | -€14,456 | |
| Other operating charges | 640/8 | €47,055 | €60,458 | +€13,403 | +28.5% |
| Non-recurring operating charges | 66A | - | €35,390 | +€35,390 | |
| Gross operating margin | 9900 | €507,692 | €533,149 | +€25,457 | +5.0% |
| Operating profit (loss) | 9901 | €188,516 | €186,708 | -€1,808 | -1.0% |
| Financial income | 75/76B | €15 | €15 | = | 0.0% |
| Recurring financial income | 75 | €15 | €15 | = | 0.0% |
| Financial charges | 65/66B | €29,695 | €27,164 | -€2,531 | -8.5% |
| Recurring financial charges | 65 | €29,695 | €27,164 | -€2,531 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €158,836 | €159,559 | +€723 | +0.5% |
| Income taxes | 67/77 | -€5 | -€5 | = | 0.0% |
| Profit (loss) for the period | 9904 | €158,841 | €159,564 | +€723 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €158,841 | €159,564 | +€723 | +0.5% |
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 17 October 2026 via checked.be.