GILKO: 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.
GILKO
Largest movements
- Cash +€49,982
up €49,982 (+148.8%), from €33,598 to €83,580
mainly Net result for the year (+€42,184) and Tax, wage and social debts (+€5,170)
- Tangible fixed assets -€1,166
down €1,166 (-18.0%), from €6,473 to €5,307
of which Furniture and vehicles: -€2,334
- Reserves +€42,184
up €42,184 (+142.2%), from €29,674 to €71,858
- Tax, wage and social debts +€5,170
up €5,170 (+47.1%), from €10,981 to €16,151
of which Taxes: +€7,170
- Accrued charges and deferred income +€2,500
new in 2025: €2,500
- Turnover -€160,659
no longer reported in 2025 (was €160,659)
- Purchases and services -€118,568
no longer reported in 2025 (was €118,568)
- Gross operating margin +€13,275
up €13,275 (+31.1%), from €42,637 to €55,912
- Taxes +€2,875
up €2,875 (+35.6%), from €8,084 to €10,959
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 | €51,622 | €100,775 | +€49,153 | +95.2% |
| Fixed assets | 21/28 | €6,473 | €5,307 | -€1,166 | -18.0% |
| Tangible fixed assets | 22/27 | €6,473 | €5,307 | -€1,166 | -18.0% |
| Plant, machinery and equipment | 23 | - | €1,168 | +€1,168 | |
| Furniture and vehicles | 24 | €6,473 | €4,139 | -€2,334 | -36.1% |
| Current assets | 29/58 | €45,149 | €95,468 | +€50,319 | +111.5% |
| Amounts receivable within one year | 40/41 | €11,401 | €11,732 | +€331 | +2.9% |
| Trade receivables | 40 | €11,401 | €11,622 | +€221 | +1.9% |
| Other amounts receivable | 41 | - | €110 | +€110 | |
| Cash at bank and in hand | 54/58 | €33,598 | €83,580 | +€49,982 | +148.8% |
| Deferred charges and accrued income | 490/1 | €150 | €156 | +€6 | +4.0% |
| Total equity and liabilities | 10/49 | €51,622 | €100,775 | +€49,153 | +95.2% |
| Equity | 10/15 | €39,674 | €81,858 | +€42,184 | +106.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €29,674 | €71,858 | +€42,184 | +142.2% |
| Distributable reserves | 133 | €29,674 | €71,858 | +€42,184 | +142.2% |
| Amounts payable | 17/49 | €11,948 | €18,918 | +€6,970 | +58.3% |
| Amounts payable within one year | 42/48 | €11,948 | €16,418 | +€4,470 | +37.4% |
| Trade debts | 44 | €800 | €266 | -€534 | -66.7% |
| Suppliers | 440/4 | €800 | €266 | -€534 | -66.7% |
| Taxes, remuneration and social security | 45 | €10,981 | €16,151 | +€5,170 | +47.1% |
| Taxes | 450/3 | €8,981 | €16,151 | +€7,170 | +79.8% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | €167 | €0 | -€167 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Turnover | 70 | €160,659 | - | -€160,659 | |
| Goods, raw materials, services and sundry goods | 60/61 | €118,568 | - | -€118,568 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,070 | €2,516 | -€1,554 | -38.2% |
| Other operating charges | 640/8 | €776 | €301 | -€475 | -61.2% |
| Gross operating margin | 9900 | €42,637 | €55,912 | +€13,275 | +31.1% |
| Operating profit (loss) | 9901 | €37,790 | €53,095 | +€15,304 | +40.5% |
| Financial income | 75/76B | €13 | €87 | +€74 | +568.5% |
| Recurring financial income | 75 | €13 | €87 | +€74 | +568.5% |
| Financial charges | 65/66B | €46 | €39 | -€7 | -15.0% |
| Recurring financial charges | 65 | €46 | €39 | -€7 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €37,758 | €53,143 | +€15,385 | +40.7% |
| Income taxes | 67/77 | €8,084 | €10,959 | +€2,875 | +35.6% |
| Profit (loss) for the period | 9904 | €29,674 | €42,184 | +€12,510 | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,674 | €42,184 | +€12,510 | +42.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.