GILIMMO: 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.
GILIMMO
Largest movements
- Tangible fixed assets -€63,856
down €63,856 (-5.4%), from €1.2m to €1.1m
of which Land and buildings: -€56,592
- Cash +€27,324
up €27,324 (+169.2%), from €16,153 to €43,477
mainly Other debts (+€164,032) and Depreciation (+€63,856)
- Other debts +€164,032
up €164,032 (+1021.4%), from €16,060 to €180,092
- Reserves -€153,409
down €153,409 (-24.3%), from €631,991 to €478,582
of which Distributable reserves: -€132,788
- Debts after one year -€52,968
down €52,968 (-11.1%), from €475,687 to €422,719
- Taxes +€7,097
up €7,097 (+94.9%), from €7,481 to €14,578
- Gross operating margin +€1,096
up €1,096 (+1.2%), from €93,691 to €94,787
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 | €1,323,660 | €1,288,808 | -€34,852 | -2.6% |
| Fixed assets | 21/28 | €1,178,516 | €1,114,660 | -€63,856 | -5.4% |
| Tangible fixed assets | 22/27 | €1,178,516 | €1,114,660 | -€63,856 | -5.4% |
| Land and buildings | 22 | €1,132,820 | €1,076,228 | -€56,592 | -5.0% |
| Plant, machinery and equipment | 23 | €37,196 | €29,933 | -€7,263 | -19.5% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | €8,500 | €8,500 | = | 0.0% |
| Current assets | 29/58 | €145,144 | €174,148 | +€29,003 | +20.0% |
| Amounts receivable within one year | 40/41 | €478 | €175 | -€303 | -63.3% |
| Other amounts receivable | 41 | €478 | €175 | -€303 | -63.3% |
| Current investments | 50/53 | €128,151 | €130,141 | +€1,990 | +1.6% |
| Cash at bank and in hand | 54/58 | €16,153 | €43,477 | +€27,324 | +169.2% |
| Deferred charges and accrued income | 490/1 | €362 | €354 | -€8 | -2.2% |
| Total equity and liabilities | 10/49 | €1,323,660 | €1,288,808 | -€34,852 | -2.6% |
| Equity | 10/15 | €644,391 | €490,982 | -€153,409 | -23.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €631,991 | €478,582 | -€153,409 | -24.3% |
| Tax-exempt reserves | 132 | €391,796 | €371,175 | -€20,621 | -5.3% |
| Distributable reserves | 133 | €240,195 | €107,407 | -€132,788 | -55.3% |
| Provisions and deferred taxes | 16 | €130,599 | €123,725 | -€6,874 | -5.3% |
| Deferred taxes | 168 | €130,599 | €123,725 | -€6,874 | -5.3% |
| Amounts payable | 17/49 | €548,671 | €674,102 | +€125,430 | +22.9% |
| Amounts payable after more than one year | 17 | €475,687 | €422,719 | -€52,968 | -11.1% |
| Financial debts | 170/4 | €475,687 | €422,719 | -€52,968 | -11.1% |
| Amounts payable within one year | 42/48 | €68,605 | €244,093 | +€175,488 | +255.8% |
| Current portion of amounts payable after more than one year | 42 | €52,482 | €52,968 | +€486 | +0.9% |
| Trade debts | 44 | €63 | €3,808 | +€3,745 | +5934.9% |
| Suppliers | 440/4 | €63 | €3,808 | +€3,745 | +5934.9% |
| Taxes, remuneration and social security | 45 | - | €7,225 | +€7,225 | |
| Taxes | 450/3 | - | €7,225 | +€7,225 | |
| Other amounts payable | 47/48 | €16,060 | €180,092 | +€164,032 | +1021.4% |
| Accrued charges and deferred income | 492/3 | €4,380 | €7,290 | +€2,910 | +66.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,856 | €63,856 | = | 0.0% |
| Other operating charges | 640/8 | €11,360 | €11,616 | +€256 | +2.3% |
| Gross operating margin | 9900 | €93,691 | €94,787 | +€1,096 | +1.2% |
| Operating profit (loss) | 9901 | €18,475 | €19,315 | +€840 | +4.5% |
| Financial income | 75/76B | €3,188 | €2,843 | -€345 | -10.8% |
| Recurring financial income | 75 | €3,188 | €2,843 | -€345 | -10.8% |
| Financial charges | 65/66B | €5,200 | €4,705 | -€495 | -9.5% |
| Recurring financial charges | 65 | €5,200 | €4,705 | -€495 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €16,463 | €17,453 | +€990 | +6.0% |
| Transfer from deferred taxes | 780 | €6,874 | €6,874 | = | 0.0% |
| Income taxes | 67/77 | €7,481 | €14,578 | +€7,097 | +94.9% |
| Profit (loss) for the period | 9904 | €15,855 | €9,749 | -€6,106 | -38.5% |
| Transfer from tax-exempt reserves | 789 | €20,621 | €20,621 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,476 | €30,370 | -€6,106 | -16.7% |
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 2 October 2026 via checked.be.