Gillain en Co: what changed
What changed
Gillain en Co
NACE 46.620, Wholesale of machine tools
filed annual accounts (NBB)
Net result for the year
€47,364
2024 · €213,879-€166,514
Equity
€3.2m
2024 · €3.2m+€47,364
Cash
€599,847
2024 · €364,280+€235,567
Balance sheet total
€6.3m
2024 · €6.7m-€470,779
Largest movements
Assets
- Receivables within one year -€966,872
down €966,872 (-35.3%), from €2.7m to €1.8m
of which Trade receivables: -€925,611
- Stocks and contracts +€315,422
up €315,422 (+9.8%), from €3.2m to €3.5m
- Cash +€235,567
up €235,567 (+64.7%), from €364,280 to €599,847
mainly Receivables within one year (+€966,872) and Depreciation (+€106,473)
Equity and liabilities
- Short-term financial debts -€400,000
down €400,000 (-36.4%), from €1.1m to €700,000
- Tax, wage and social debts -€95,615
down €95,615 (-25.6%), from €374,122 to €278,508
of which Taxes: -€94,149
Income statement
- Turnover -€798,549
down €798,549 (-7.1%), from €11.2m to €10.4m
- Goods and materials -€787,453
down €787,453 (-9.9%), from €7.9m to €7.1m
of which Purchases: -€787,222
- Services and other goods +€159,808
up €159,808 (+13.6%), from €1.2m to €1.3m
- Write-downs +€137,953
up €137,953, from -€90,756 to €47,197
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€213,879
Turnover
-€798,549
Other operating income
+€43,490
Goods and materials
+€787,453
Services and other goods
-€159,808
Staff costs
+€22,726
Depreciation
+€1,484
Write-downs
-€137,953
Other operating charges
-€724
Other operating items
+€2,791
Financial income
+€11,896
Financial charges
+€23,878
Taxes
+€36,801
Result 2025
€47,364
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€770,448
Investment
-€70,001
Financing
-€464,881
Cash 2024
€364,280
From operations (derived)
+€770,448
Net result for the year
+€47,364
Depreciation
+€106,473
Stocks and contracts
-€315,422
Receivables within one year
+€966,872
Deferred charges and accrued income
+€18,424
Trade debts
+€45,079
Tax, wage and social debts
-€95,615
Other debts
-€23,471
Accrued charges and deferred income
+€20,744
Investment (derived)
-€70,001
Investment in fixed assets (net)
-€70,001
Financing
-€464,881
Current portion of long-term debt
-€64,881
Short-term financial debts
-€400,000
Cash 2025
€599,847
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,738,944 | €6,268,164 | -€470,779 | -7.0% |
| Fixed assets | 21/28 | €378,278 | €341,807 | -€36,472 | -9.6% |
| Tangible fixed assets | 22/27 | €378,255 | €341,709 | -€36,546 | -9.7% |
| Plant, machinery and equipment | 23 | €48,884 | €48,947 | +€63 | +0.1% |
| Furniture and vehicles | 24 | €154,772 | €158,035 | +€3,263 | +2.1% |
| Other tangible fixed assets | 26 | €174,599 | €134,727 | -€39,872 | -22.8% |
| Financial fixed assets | 28 | €24 | €97 | +€74 | +310% |
| Other financial fixed assets | 284/8 | €24 | €97 | +€74 | +310% |
| Amounts receivable and cash guarantees | 285/8 | €24 | €97 | +€74 | +310% |
| Current assets | 29/58 | €6,360,665 | €5,926,358 | -€434,307 | -6.8% |
| Stocks and contracts in progress | 3 | €3,228,282 | €3,543,703 | +€315,422 | +9.8% |
| Stocks | 30/36 | €3,228,282 | €3,543,703 | +€315,422 | +9.8% |
| Goods purchased for resale | 34 | €3,228,282 | €3,045,842 | -€182,440 | -5.7% |
| Advance payments | 36 | - | €497,861 | +€497,861 | |
| Amounts receivable within one year | 40/41 | €2,735,312 | €1,768,440 | -€966,872 | -35.3% |
| Trade receivables | 40 | €2,663,531 | €1,737,920 | -€925,611 | -34.8% |
| Other amounts receivable | 41 | €71,781 | €30,520 | -€41,261 | -57.5% |
| Cash at bank and in hand | 54/58 | €364,280 | €599,847 | +€235,567 | +64.7% |
| Deferred charges and accrued income | 490/1 | €32,792 | €14,368 | -€18,424 | -56.2% |
| Total equity and liabilities | 10/49 | €6,738,944 | €6,268,164 | -€470,779 | -7.0% |
| Equity | 10/15 | €3,179,673 | €3,227,038 | +€47,364 | +1.5% |
| Contributions | 10/11 | €1,004,958 | €1,004,958 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,958 | €4,958 | = | 0.0% |
| Share premium | 1100/10 | €4,958 | €4,958 | = | 0.0% |
| Reserves | 13 | €2,174,715 | €2,222,080 | +€47,364 | +2.2% |
| Non-distributable reserves | 130/1 | €102,231 | €102,231 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Other | 1319 | €2,231 | €2,231 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,145 | €6,145 | = | 0.0% |
| Distributable reserves | 133 | €2,066,339 | €2,113,704 | +€47,364 | +2.3% |
| Amounts payable | 17/49 | €3,559,270 | €3,041,127 | -€518,144 | -14.6% |
| Amounts payable within one year | 42/48 | €3,539,000 | €3,000,112 | -€538,888 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €64,881 | - | -€64,881 | |
| Financial debts | 43 | €1,100,000 | €700,000 | -€400,000 | -36.4% |
| Credit institutions | 430/8 | €1,100,000 | €700,000 | -€400,000 | -36.4% |
| Trade debts | 44 | €776,526 | €821,604 | +€45,079 | +5.8% |
| Suppliers | 440/4 | €776,526 | €821,604 | +€45,079 | +5.8% |
| Taxes, remuneration and social security | 45 | €374,122 | €278,508 | -€95,615 | -25.6% |
| Taxes | 450/3 | €201,318 | €107,169 | -€94,149 | -46.8% |
| Remuneration and social security | 454/9 | €172,805 | €171,339 | -€1,466 | -0.8% |
| Other amounts payable | 47/48 | €1,223,471 | €1,200,000 | -€23,471 | -1.9% |
| Accrued charges and deferred income | 492/3 | €20,270 | €41,015 | +€20,744 | +102% |
| Operating income | 70/76A | €11,277,648 | €10,535,590 | -€742,059 | -6.6% |
| Turnover | 70 | €11,247,621 | €10,449,073 | -€798,549 | -7.1% |
| Other operating income | 74 | €30,027 | €73,517 | +€43,490 | +145% |
| Non-recurring operating income | 76A | - | €13,000 | +€13,000 | |
| Operating charges | 60/66A | €10,878,931 | €10,375,961 | -€502,969 | -4.6% |
| Goods for resale, raw materials and consumables | 60 | €7,933,341 | €7,145,888 | -€787,453 | -9.9% |
| Purchases | 600/8 | €7,797,868 | €7,010,646 | -€787,222 | -10.1% |
| Change in stocks: decrease (increase) | 609 | €135,474 | €135,242 | -€231 | -0.2% |
| Services and other goods | 61 | €1,176,594 | €1,336,401 | +€159,808 | +13.6% |
| Remuneration, social security and pensions | 62 | €1,729,352 | €1,706,626 | -€22,726 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,956 | €106,473 | -€1,484 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€90,756 | €47,197 | +€137,953 | |
| Other operating charges | 640/8 | €21,861 | €22,585 | +€724 | +3.3% |
| Non-recurring operating charges | 66A | €582 | €10,791 | +€10,209 | +1,753% |
| Operating profit (loss) | 9901 | €398,718 | €159,628 | -€239,089 | -60.0% |
| Financial income | 75/76B | €34,722 | €46,617 | +€11,896 | +34.3% |
| Recurring financial income | 75 | €34,722 | €46,617 | +€11,896 | +34.3% |
| Other financial income | 752/9 | €34,722 | €46,617 | +€11,896 | +34.3% |
| Financial charges | 65/66B | €143,302 | €119,424 | -€23,878 | -16.7% |
| Recurring financial charges | 65 | €143,302 | €119,424 | -€23,878 | -16.7% |
| Debt charges | 650 | €98,376 | €62,244 | -€36,132 | -36.7% |
| Other financial charges | 652/9 | €44,926 | €57,180 | +€12,254 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €290,138 | €86,822 | -€203,316 | -70.1% |
| Income taxes | 67/77 | €76,259 | €39,458 | -€36,801 | -48.3% |
| Taxes | 670/3 | €83,759 | €39,480 | -€44,279 | -52.9% |
| Tax adjustments and reversals of tax provisions | 77 | €7,500 | €23 | -€7,477 | -99.7% |
| Profit (loss) for the period | 9904 | €213,879 | €47,364 | -€166,514 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €213,879 | €47,364 | -€166,514 | -77.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.