Gilis & Monstrey: 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.
Gilis & Monstrey
Largest movements
- Cash +€248,681
up €248,681 (+152%), from €163,883 to €412,564
mainly Net result for the year (+€320,417) and Current investments (+€67,348)
- Current investments -€67,348
down €67,348 (-14.8%), from €454,093 to €386,745
- Tangible fixed assets -€37,703
down €37,703 (-31.4%), from €119,887 to €82,184
of which Furniture and vehicles: -€34,099
- Receivables within one year +€24,008
up €24,008 (+3.4%), from €705,742 to €729,751
of which Other amounts receivable: +€24,008
- Reserves +€198,189
up €198,189 (+15.0%), from €1.3m to €1.5m
- Other debts -€21,932
down €21,932 (-15.2%), from €144,159 to €122,227
- Staff costs +€88,124
up €88,124 (+35.7%), from €246,686 to €334,809
- Financial income +€23,105
up €23,105 (+125%), from €18,527 to €41,633
of which Financial income: +€23,027
- Taxes -€19,123
down €19,123 (-11.5%), from €166,714 to €147,590
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 | €1,785,879 | €1,952,737 | +€166,858 | +9.3% |
| Fixed assets | 21/28 | €446,887 | €409,484 | -€37,403 | -8.4% |
| Tangible fixed assets | 22/27 | €119,887 | €82,184 | -€37,703 | -31.4% |
| Furniture and vehicles | 24 | €96,926 | €62,826 | -€34,099 | -35.2% |
| Other tangible fixed assets | 26 | €22,961 | €19,357 | -€3,604 | -15.7% |
| Financial fixed assets | 28 | €327,000 | €327,300 | +€300 | +0.1% |
| Current assets | 29/58 | €1,338,992 | €1,543,254 | +€204,261 | +15.3% |
| Amounts receivable within one year | 40/41 | €705,742 | €729,751 | +€24,008 | +3.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €705,742 | €729,751 | +€24,008 | +3.4% |
| Current investments | 50/53 | €454,093 | €386,745 | -€67,348 | -14.8% |
| Cash at bank and in hand | 54/58 | €163,883 | €412,564 | +€248,681 | +152% |
| Deferred charges and accrued income | 490/1 | €15,274 | €14,194 | -€1,080 | -7.1% |
| Total equity and liabilities | 10/49 | €1,785,879 | €1,952,737 | +€166,858 | +9.3% |
| Equity | 10/15 | €1,328,121 | €1,526,310 | +€198,189 | +14.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,321,921 | €1,520,110 | +€198,189 | +15.0% |
| Distributable reserves | 133 | €1,321,921 | €1,520,110 | +€198,189 | +15.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €457,758 | €426,427 | -€31,331 | -6.8% |
| Amounts payable after more than one year | 17 | €118,644 | €102,997 | -€15,646 | -13.2% |
| Financial debts | 170/4 | €118,644 | €102,997 | -€15,646 | -13.2% |
| Amounts payable within one year | 42/48 | €339,115 | €323,430 | -€15,685 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €15,426 | €15,646 | +€221 | +1.4% |
| Financial debts | 43 | €24,892 | €33,534 | +€8,643 | +34.7% |
| Other loans | 439 | €24,892 | €33,534 | +€8,643 | +34.7% |
| Trade debts | 44 | €5,846 | €5,379 | -€467 | -8.0% |
| Suppliers | 440/4 | €5,846 | €5,379 | -€467 | -8.0% |
| Taxes, remuneration and social security | 45 | €148,793 | €146,643 | -€2,150 | -1.4% |
| Taxes | 450/3 | €112,506 | €93,741 | -€18,765 | -16.7% |
| Remuneration and social security | 454/9 | €36,287 | €52,902 | +€16,615 | +45.8% |
| Other amounts payable | 47/48 | €144,159 | €122,227 | -€21,932 | -15.2% |
| Remuneration, social security and pensions | 62 | €246,686 | €334,809 | +€88,124 | +35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,833 | €44,403 | +€2,569 | +6.1% |
| Other operating charges | 640/8 | €908 | €1,305 | +€397 | +43.7% |
| Gross operating margin | 9900 | €805,005 | €812,546 | +€7,541 | +0.9% |
| Operating profit (loss) | 9901 | €515,578 | €432,029 | -€83,550 | -16.2% |
| Financial income | 75/76B | €18,527 | €41,633 | +€23,105 | +125% |
| Recurring financial income | 75 | €18,300 | €41,328 | +€23,027 | +126% |
| Non-recurring financial income | 76B | €227 | €305 | +€78 | +34.2% |
| Financial charges | 65/66B | €5,975 | €5,654 | -€321 | -5.4% |
| Recurring financial charges | 65 | €5,975 | €5,654 | -€321 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €528,131 | €468,007 | -€60,124 | -11.4% |
| Income taxes | 67/77 | €166,714 | €147,590 | -€19,123 | -11.5% |
| Profit (loss) for the period | 9904 | €361,417 | €320,417 | -€41,000 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €361,417 | €320,417 | -€41,000 | -11.3% |
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 29 October 2026 via checked.be.