Gilimar: 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.
Gilimar
Largest movements
- Cash -€323,786
down €323,786 (-99.1%), from €326,765 to €2,979
mainly Debts after one year (-€330,947) and Net result for the year (-€109,281)
- Tangible fixed assets -€104,421
down €104,421 (-3.4%), from €3.1m to €3.0m
of which Land and buildings: -€97,834
- Debts after one year -€330,947
down €330,947 (-18.0%), from €1.8m to €1.5m
- Profit (loss) carried forward -€109,281
down €109,281 (-11.5%), from €952,407 to €843,126
- Short-term financial debts +€67,000
up €67,000 (+13.1%), from €513,000 to €580,000
- Trade debts -€43,861
down €43,861 (-79.0%), from €55,538 to €11,677
- Gross operating margin -€362,802
down €362,802 (-74.8%), from €484,940 to €122,138
- Taxes -€65,089
no longer reported in 2025 (was €65,089)
- Financial charges -€6,386
down €6,386 (-8.6%), from €73,974 to €67,588
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 | €3,801,557 | €3,373,673 | -€427,885 | -11.3% |
| Fixed assets | 21/28 | €3,097,057 | €2,992,637 | -€104,421 | -3.4% |
| Tangible fixed assets | 22/27 | €3,097,057 | €2,992,637 | -€104,421 | -3.4% |
| Land and buildings | 22 | €3,061,177 | €2,963,343 | -€97,834 | -3.2% |
| Plant, machinery and equipment | 23 | €3,454 | €2,683 | -€771 | -22.3% |
| Furniture and vehicles | 24 | €32,426 | €26,611 | -€5,815 | -17.9% |
| Current assets | 29/58 | €704,500 | €381,036 | -€323,464 | -45.9% |
| Stocks and contracts in progress | 3 | €303,710 | €306,950 | +€3,240 | +1.1% |
| Stocks | 30/36 | €303,710 | €306,950 | +€3,240 | +1.1% |
| Amounts receivable within one year | 40/41 | €72,190 | €70,082 | -€2,108 | -2.9% |
| Trade receivables | 40 | €68,637 | €31,573 | -€37,064 | -54.0% |
| Other amounts receivable | 41 | €3,553 | €38,509 | +€34,956 | +984% |
| Cash at bank and in hand | 54/58 | €326,765 | €2,979 | -€323,786 | -99.1% |
| Deferred charges and accrued income | 490/1 | €1,835 | €1,025 | -€810 | -44.1% |
| Total equity and liabilities | 10/49 | €3,801,557 | €3,373,673 | -€427,885 | -11.3% |
| Equity | 10/15 | €1,252,407 | €1,143,126 | -€109,281 | -8.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €952,407 | €843,126 | -€109,281 | -11.5% |
| Amounts payable | 17/49 | €2,549,150 | €2,230,546 | -€318,604 | -12.5% |
| Amounts payable after more than one year | 17 | €1,835,547 | €1,504,601 | -€330,947 | -18.0% |
| Financial debts | 170/4 | €1,835,547 | €1,504,601 | -€330,947 | -18.0% |
| Amounts payable within one year | 42/48 | €691,697 | €703,106 | +€11,409 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €103,545 | €94,691 | -€8,854 | -8.6% |
| Financial debts | 43 | €513,000 | €580,000 | +€67,000 | +13.1% |
| Other loans | 439 | €513,000 | €580,000 | +€67,000 | +13.1% |
| Trade debts | 44 | €55,538 | €11,677 | -€43,861 | -79.0% |
| Suppliers | 440/4 | €55,538 | €11,677 | -€43,861 | -79.0% |
| Taxes, remuneration and social security | 45 | €18,451 | €16,545 | -€1,906 | -10.3% |
| Taxes | 450/3 | €11,707 | €11,693 | -€14 | -0.1% |
| Remuneration and social security | 454/9 | €6,744 | €4,852 | -€1,892 | -28.1% |
| Other amounts payable | 47/48 | €1,162 | €192 | -€970 | -83.5% |
| Accrued charges and deferred income | 492/3 | €21,906 | €22,840 | +€934 | +4.3% |
| Remuneration, social security and pensions | 62 | €34,584 | €38,344 | +€3,760 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,064 | €113,112 | +€2,048 | +1.8% |
| Other operating charges | 640/8 | €12,086 | €12,440 | +€354 | +2.9% |
| Gross operating margin | 9900 | €484,940 | €122,138 | -€362,802 | -74.8% |
| Operating profit (loss) | 9901 | €327,207 | -€41,757 | -€368,964 | |
| Financial income | 75/76B | €3,118 | €64 | -€3,054 | -97.9% |
| Recurring financial income | 75 | €3,118 | €64 | -€3,054 | -97.9% |
| Financial charges | 65/66B | €73,974 | €67,588 | -€6,386 | -8.6% |
| Recurring financial charges | 65 | €73,974 | €67,588 | -€6,386 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €256,351 | -€109,281 | -€365,632 | |
| Income taxes | 67/77 | €65,089 | - | -€65,089 | |
| Profit (loss) for the period | 9904 | €191,262 | -€109,281 | -€300,543 | |
| Profit (loss) for the period to be appropriated | 9905 | €191,262 | -€109,281 | -€300,543 |
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 24 October 2026 via checked.be.