GILLAIN M-C: 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.
GILLAIN M-C
Largest movements
- Current investments -€46,390
down €46,390 (-12.4%), from €373,096 to €326,706
- Other debts -€48,256
down €48,256 (-61.8%), from €78,094 to €29,838
- Reserves +€7,500
up €7,500 (+2.6%), from €285,050 to €292,550
- Gross operating margin -€23,899
down €23,899 (-67.1%), from €35,606 to €11,707
- Financial income +€5,786
up €5,786 (+212%), from €2,726 to €8,512
- Staff costs -€4,822
down €4,822 (-100%), from €4,822 to €0
- Taxes -€3,926
down €3,926 (-45.9%), from €8,547 to €4,621
- Financial charges +€2,646
up €2,646 (+157%), from €1,688 to €4,333
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 | €452,051 | €406,082 | -€45,969 | -10.2% |
| Fixed assets | 21/28 | €6,971 | €4,596 | -€2,375 | -34.1% |
| Tangible fixed assets | 22/27 | €6,971 | €4,596 | -€2,375 | -34.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €862 | €561 | -€301 | -34.9% |
| Other tangible fixed assets | 26 | €6,109 | €4,035 | -€2,074 | -34.0% |
| Current assets | 29/58 | €445,080 | €401,486 | -€43,594 | -9.8% |
| Amounts receivable within one year | 40/41 | €12 | €1,851 | +€1,839 | +15,510% |
| Trade receivables | 40 | €12 | €116 | +€105 | +882% |
| Other amounts receivable | 41 | €0 | €1,735 | +€1,735 | |
| Current investments | 50/53 | €373,096 | €326,706 | -€46,390 | -12.4% |
| Cash at bank and in hand | 54/58 | €65,572 | €69,905 | +€4,333 | +6.6% |
| Deferred charges and accrued income | 490/1 | €6,401 | €3,025 | -€3,376 | -52.7% |
| Total equity and liabilities | 10/49 | €452,051 | €406,082 | -€45,969 | -10.2% |
| Equity | 10/15 | €360,072 | €367,718 | +€7,645 | +2.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €285,050 | €292,550 | +€7,500 | +2.6% |
| Distributable reserves | 133 | €285,050 | €292,550 | +€7,500 | +2.6% |
| Profit (loss) carried forward | 14 | €22 | €168 | +€145 | +654% |
| Amounts payable | 17/49 | €91,979 | €38,365 | -€53,614 | -58.3% |
| Amounts payable within one year | 42/48 | €86,320 | €33,939 | -€52,381 | -60.7% |
| Financial debts | 43 | €1,263 | €1,273 | +€10 | +0.8% |
| Credit institutions | 430/8 | €1,263 | €1,273 | +€10 | +0.8% |
| Trade debts | 44 | €4,233 | €2,828 | -€1,405 | -33.2% |
| Suppliers | 440/4 | €4,233 | €2,828 | -€1,405 | -33.2% |
| Taxes, remuneration and social security | 45 | €2,729 | €0 | -€2,729 | -100% |
| Taxes | 450/3 | €2,729 | €0 | -€2,729 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €78,094 | €29,838 | -€48,256 | -61.8% |
| Accrued charges and deferred income | 492/3 | €5,659 | €4,425 | -€1,233 | -21.8% |
| Remuneration, social security and pensions | 62 | €4,822 | €0 | -€4,822 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,489 | €2,375 | -€114 | -4.6% |
| Other operating charges | 640/8 | €1,155 | €1,244 | +€89 | +7.7% |
| Gross operating margin | 9900 | €35,606 | €11,707 | -€23,899 | -67.1% |
| Operating profit (loss) | 9901 | €27,140 | €8,088 | -€19,052 | -70.2% |
| Financial income | 75/76B | €2,726 | €8,512 | +€5,786 | +212% |
| Recurring financial income | 75 | €2,726 | €8,512 | +€5,786 | +212% |
| Financial charges | 65/66B | €1,688 | €4,333 | +€2,646 | +157% |
| Recurring financial charges | 65 | €1,688 | €4,333 | +€2,646 | +157% |
| Profit (loss) for the period before taxes | 9903 | €28,178 | €12,266 | -€15,912 | -56.5% |
| Income taxes | 67/77 | €8,547 | €4,621 | -€3,926 | -45.9% |
| Profit (loss) for the period | 9904 | €19,631 | €7,645 | -€11,986 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,631 | €7,645 | -€11,986 | -61.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.