Gilgamesh: 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.
Gilgamesh
Largest movements
- Tangible fixed assets +€553,576
up €553,576 (+21383.5%), from €2,589 to €556,165
of which Land and buildings: +€534,045
- Cash +€34,435
up €34,435 (+717.9%), from €4,797 to €39,231
mainly Debts after one year (+€362,309) and Net result for the year (+€135,448)
- Debts after one year +€362,309
new in 2024: €362,309
- Profit (loss) carried forward +€135,448
up €135,448 (+79.1%), from €171,137 to €306,585
- Trade debts +€37,243
up €37,243 (+80.6%), from €46,209 to €83,453
- Tax, wage and social debts +€33,341
up €33,341 (+36.4%), from €91,720 to €125,061
of which Taxes: +€35,716
- Gross operating margin +€223,411
up €223,411 (+1406.0%), from €15,890 to €239,301
- Taxes +€65,607
up €65,607 (+2468.2%), from €2,658 to €68,265
- Other operating charges +€21,064
up €21,064 (+1059.6%), from €1,988 to €23,052
- Depreciation +€4,891
up €4,891 (+118.8%), from €4,118 to €9,009
- Staff costs +€3,586
up €3,586, from -€3,092 to €493
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €498,498 | €1,085,048 | +€586,550 | +117.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €2,589 | €556,165 | +€553,576 | +21383.5% |
| Tangible fixed assets | 22/27 | €2,589 | €556,165 | +€553,576 | +21383.5% |
| Land and buildings | 22 | - | €534,045 | +€534,045 | |
| Plant, machinery and equipment | 23 | €991 | €1,750 | +€759 | +76.6% |
| Furniture and vehicles | 24 | €1,598 | €20,371 | +€18,773 | +1174.9% |
| Current assets | 29/58 | €495,909 | €528,883 | +€32,974 | +6.6% |
| Stocks and contracts in progress | 3 | €385,926 | €385,926 | = | 0.0% |
| Stocks | 30/36 | €385,926 | €385,926 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €103,331 | €98,253 | -€5,078 | -4.9% |
| Trade receivables | 40 | €71,566 | €28,327 | -€43,239 | -60.4% |
| Other amounts receivable | 41 | €31,765 | €69,926 | +€38,161 | +120.1% |
| Cash at bank and in hand | 54/58 | €4,797 | €39,231 | +€34,435 | +717.9% |
| Deferred charges and accrued income | 490/1 | €1,856 | €5,473 | +€3,617 | +194.9% |
| Total equity and liabilities | 10/49 | €498,498 | €1,085,048 | +€586,550 | +117.7% |
| Equity | 10/15 | €193,137 | €328,585 | +€135,448 | +70.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,137 | €306,585 | +€135,448 | +79.1% |
| Amounts payable | 17/49 | €305,361 | €756,463 | +€451,102 | +147.7% |
| Amounts payable after more than one year | 17 | - | €362,309 | +€362,309 | |
| Financial debts | 170/4 | - | €362,309 | +€362,309 | |
| Amounts payable within one year | 42/48 | €305,361 | €394,154 | +€88,793 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | - | €7,691 | +€7,691 | |
| Trade debts | 44 | €46,209 | €83,453 | +€37,243 | +80.6% |
| Suppliers | 440/4 | €46,209 | €83,453 | +€37,243 | +80.6% |
| Taxes, remuneration and social security | 45 | €91,720 | €125,061 | +€33,341 | +36.4% |
| Taxes | 450/3 | €61,060 | €96,776 | +€35,716 | +58.5% |
| Remuneration and social security | 454/9 | €30,660 | €28,285 | -€2,375 | -7.7% |
| Other amounts payable | 47/48 | €167,431 | €177,949 | +€10,518 | +6.3% |
| Remuneration, social security and pensions | 62 | -€3,092 | €493 | +€3,586 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,118 | €9,009 | +€4,891 | +118.8% |
| Other operating charges | 640/8 | €1,988 | €23,052 | +€21,064 | +1059.6% |
| Gross operating margin | 9900 | €15,890 | €239,301 | +€223,411 | +1406.0% |
| Operating profit (loss) | 9901 | €12,876 | €206,746 | +€193,870 | +1505.7% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €1,387 | €3,039 | +€1,652 | +119.2% |
| Recurring financial charges | 65 | €1,387 | €3,039 | +€1,652 | +119.2% |
| Profit (loss) for the period before taxes | 9903 | €11,490 | €203,713 | +€192,224 | +1673.0% |
| Income taxes | 67/77 | €2,658 | €68,265 | +€65,607 | +2468.2% |
| Profit (loss) for the period | 9904 | €8,831 | €135,448 | +€126,616 | +1433.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,831 | €135,448 | +€126,616 | +1433.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.