GILICA: 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.
GILICA
Largest movements
- Tangible fixed assets -€6,544
down €6,544 (-33.5%), from €19,514 to €12,970
of which Furniture and vehicles: -€6,138
- Receivables within one year +€5,709
up €5,709 (+6.7%), from €84,876 to €90,586
of which Other amounts receivable: +€8,706
- Cash +€4,567
up €4,567 (+73.0%), from €6,255 to €10,822
mainly Depreciation (+€6,544) and Net result for the year (+€2,125)
- Profit (loss) carried forward +€2,125
up €2,125 (+15.0%), from -€14,131 to -€12,006
- Tax, wage and social debts +€1,607
up €1,607 (+7,112%), from €23 to €1,630
- Gross operating margin +€7,043
up €7,043, from -€3,268 to €3,775
- Financial income +€682
up €682 (+15.0%), from €4,539 to €5,221
- Taxes -€428
no longer reported in 2025 (was €428)
- Depreciation -€312
down €312 (-4.5%), from €6,856 to €6,544
- Other operating charges +€55
up €55 (+32.7%), from €168 to €223
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 | €110,646 | €114,378 | +€3,732 | +3.4% |
| Fixed assets | 21/28 | €19,514 | €12,970 | -€6,544 | -33.5% |
| Tangible fixed assets | 22/27 | €19,514 | €12,970 | -€6,544 | -33.5% |
| Land and buildings | 22 | €3,147 | €2,741 | -€406 | -12.9% |
| Furniture and vehicles | 24 | €16,368 | €10,230 | -€6,138 | -37.5% |
| Current assets | 29/58 | €91,132 | €101,408 | +€10,276 | +11.3% |
| Amounts receivable within one year | 40/41 | €84,876 | €90,586 | +€5,709 | +6.7% |
| Trade receivables | 40 | €4,784 | €1,788 | -€2,996 | -62.6% |
| Other amounts receivable | 41 | €80,092 | €88,798 | +€8,706 | +10.9% |
| Cash at bank and in hand | 54/58 | €6,255 | €10,822 | +€4,567 | +73.0% |
| Total equity and liabilities | 10/49 | €110,646 | €114,378 | +€3,732 | +3.4% |
| Equity | 10/15 | €110,623 | €112,748 | +€2,125 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,154 | €106,154 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €104,294 | €104,294 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,131 | -€12,006 | +€2,125 | +15.0% |
| Amounts payable | 17/49 | €23 | €1,630 | +€1,607 | +7,112% |
| Amounts payable within one year | 42/48 | €23 | €1,630 | +€1,607 | +7,112% |
| Taxes, remuneration and social security | 45 | €23 | €1,630 | +€1,607 | +7,112% |
| Taxes | 450/3 | €23 | €1,630 | +€1,607 | +7,112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,856 | €6,544 | -€312 | -4.5% |
| Other operating charges | 640/8 | €168 | €223 | +€55 | +32.7% |
| Gross operating margin | 9900 | -€3,268 | €3,775 | +€7,043 | |
| Operating profit (loss) | 9901 | -€10,292 | -€2,992 | +€7,300 | +70.9% |
| Financial income | 75/76B | €4,539 | €5,221 | +€682 | +15.0% |
| Recurring financial income | 75 | €4,539 | €5,221 | +€682 | +15.0% |
| Financial charges | 65/66B | €94 | €105 | +€11 | +11.6% |
| Recurring financial charges | 65 | €94 | €105 | +€11 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,846 | €2,125 | +€7,971 | |
| Income taxes | 67/77 | €428 | - | -€428 | |
| Profit (loss) for the period | 9904 | -€6,275 | €2,125 | +€8,399 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,275 | €2,125 | +€8,399 |
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 30 October 2026 via checked.be.