GILDIS TWO: 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.
GILDIS TWO
Largest movements
- Receivables within one year +€57,126
up €57,126 (+95.9%), from €59,577 to €116,703
of which Other amounts receivable: +€37,126
- Cash +€48,232
up €48,232 (+128.0%), from €37,694 to €85,926
mainly Other debts (+€68,431) and Tax, wage and social debts (+€28,882)
- Deferred charges and accrued income -€20,843
down €20,843 (-91.6%), from €22,754 to €1,911
- Tangible fixed assets -€6,455
down €6,455 (-56.5%), from €11,425 to €4,971
- Other debts +€68,431
up €68,431 (+90.9%), from €75,277 to €143,708
- Tax, wage and social debts +€28,882
up €28,882 (+68.3%), from €42,300 to €71,182
of which Taxes: +€29,490
- Trade debts -€21,492
down €21,492 (-27.4%), from €78,499 to €57,008
- Reserves +€2,962
new in 2025: €2,962
- Staff costs -€14,239
down €14,239 (-26.2%), from €54,319 to €40,080
- Gross operating margin -€6,750
down €6,750 (-10.3%), from €65,619 to €58,868
- Financial charges -€4,863
down €4,863 (-43.1%), from €11,289 to €6,425
- Depreciation -€4,109
down €4,109 (-38.9%), from €10,563 to €6,455
- Financial income +€932
up €932 (+5968.1%), from €16 to €948
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 | €195,559 | €274,960 | +€79,401 | +40.6% |
| Fixed assets | 21/28 | €20,095 | €13,641 | -€6,455 | -32.1% |
| Tangible fixed assets | 22/27 | €11,425 | €4,971 | -€6,455 | -56.5% |
| Furniture and vehicles | 24 | €11,425 | €4,971 | -€6,455 | -56.5% |
| Financial fixed assets | 28 | €8,670 | €8,670 | = | 0.0% |
| Current assets | 29/58 | €175,464 | €261,319 | +€85,856 | +48.9% |
| Stocks and contracts in progress | 3 | €55,438 | €56,779 | +€1,341 | +2.4% |
| Stocks | 30/36 | €55,438 | €56,779 | +€1,341 | +2.4% |
| Amounts receivable within one year | 40/41 | €59,577 | €116,703 | +€57,126 | +95.9% |
| Trade receivables | 40 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 41 | €59,577 | €96,703 | +€37,126 | +62.3% |
| Cash at bank and in hand | 54/58 | €37,694 | €85,926 | +€48,232 | +128.0% |
| Deferred charges and accrued income | 490/1 | €22,754 | €1,911 | -€20,843 | -91.6% |
| Total equity and liabilities | 10/49 | €195,559 | €274,960 | +€79,401 | +40.6% |
| Equity | 10/15 | -€517 | €3,062 | +€3,580 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | - | €2,962 | +€2,962 | |
| Distributable reserves | 133 | - | €2,962 | +€2,962 | |
| Profit (loss) carried forward | 14 | -€617 | - | +€617 | |
| Amounts payable | 17/49 | €196,076 | €271,898 | +€75,821 | +38.7% |
| Amounts payable within one year | 42/48 | €196,076 | €271,898 | +€75,821 | +38.7% |
| Trade debts | 44 | €78,499 | €57,008 | -€21,492 | -27.4% |
| Suppliers | 440/4 | €78,499 | €57,008 | -€21,492 | -27.4% |
| Taxes, remuneration and social security | 45 | €42,300 | €71,182 | +€28,882 | +68.3% |
| Taxes | 450/3 | €38,758 | €68,248 | +€29,490 | +76.1% |
| Remuneration and social security | 454/9 | €3,542 | €2,934 | -€608 | -17.2% |
| Other amounts payable | 47/48 | €75,277 | €143,708 | +€68,431 | +90.9% |
| Remuneration, social security and pensions | 62 | €54,319 | €40,080 | -€14,239 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,563 | €6,455 | -€4,109 | -38.9% |
| Other operating charges | 640/8 | €3,112 | €2,609 | -€503 | -16.2% |
| Gross operating margin | 9900 | €65,619 | €58,868 | -€6,750 | -10.3% |
| Operating profit (loss) | 9901 | -€2,375 | €9,725 | +€12,100 | |
| Financial income | 75/76B | €16 | €948 | +€932 | +5968.1% |
| Recurring financial income | 75 | €16 | €948 | +€932 | +5968.1% |
| Financial charges | 65/66B | €11,289 | €6,425 | -€4,863 | -43.1% |
| Recurring financial charges | 65 | €11,289 | €6,425 | -€4,863 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,648 | €4,247 | +€17,895 | |
| Income taxes | 67/77 | €328 | €667 | +€340 | +103.6% |
| Profit (loss) for the period | 9904 | -€13,976 | €3,580 | +€17,556 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,976 | €3,580 | +€17,556 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.