GILLANNE X: what changed
GILLANNE X
Largest movements
- Cash -€2,901
down €2,901 (-14.6%), from €19,929 to €17,028
mainly Other debts (-€2,846) and Net result for the year (-€2,235)
- Deferred charges and accrued income -€2,225
down €2,225 (-25.2%), from €8,836 to €6,611
- Tangible fixed assets -€874
down €874 (-52.8%), from €1,657 to €783
- Other debts -€2,846
down €2,846 (-85.3%), from €3,338 to €492
- Profit (loss) carried forward -€2,235
down €2,235, from €750 to -€1,484
- Tax, wage and social debts -€628
down €628 (-28.5%), from €2,205 to €1,577
- Financial charges +€3,615
up €3,615 (+2,433%), from €149 to €3,764
of which Non-recurring financial charges: +€3,536
- Gross operating margin -€2,440
down €2,440 (-40.7%), from €5,995 to €3,555
- Other operating charges +€462
up €462 (+91.4%), from €505 to €967
- Depreciation -€177
down €177 (-16.8%), from €1,051 to €874
- Taxes -€66
down €66 (-26.5%), from €251 to €185
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,894 | €25,109 | -€5,785 | -18.7% |
| Fixed assets | 21/28 | €1,754 | €880 | -€874 | -49.8% |
| Tangible fixed assets | 22/27 | €1,657 | €783 | -€874 | -52.8% |
| Plant, machinery and equipment | 23 | €1,657 | €783 | -€874 | -52.8% |
| Financial fixed assets | 28 | €97 | €97 | = | 0.0% |
| Current assets | 29/58 | €29,140 | €24,229 | -€4,911 | -16.9% |
| Amounts receivable within one year | 40/41 | €375 | €590 | +€215 | +57.3% |
| Trade receivables | 40 | €375 | €590 | +€215 | +57.3% |
| Cash at bank and in hand | 54/58 | €19,929 | €17,028 | -€2,901 | -14.6% |
| Deferred charges and accrued income | 490/1 | €8,836 | €6,611 | -€2,225 | -25.2% |
| Total equity and liabilities | 10/49 | €30,894 | €25,109 | -€5,785 | -18.7% |
| Equity | 10/15 | €25,010 | €22,776 | -€2,235 | -8.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €750 | -€1,484 | -€2,235 | |
| Amounts payable | 17/49 | €5,884 | €2,333 | -€3,551 | -60.3% |
| Amounts payable within one year | 42/48 | €5,884 | €2,333 | -€3,551 | -60.3% |
| Trade debts | 44 | €340 | €264 | -€76 | -22.5% |
| Suppliers | 440/4 | €340 | €264 | -€76 | -22.5% |
| Taxes, remuneration and social security | 45 | €2,205 | €1,577 | -€628 | -28.5% |
| Taxes | 450/3 | €2,205 | €1,577 | -€628 | -28.5% |
| Other amounts payable | 47/48 | €3,338 | €492 | -€2,846 | -85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,051 | €874 | -€177 | -16.8% |
| Other operating charges | 640/8 | €505 | €967 | +€462 | +91.4% |
| Gross operating margin | 9900 | €5,995 | €3,555 | -€2,440 | -40.7% |
| Operating profit (loss) | 9901 | €4,439 | €1,714 | -€2,725 | -61.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €149 | €3,764 | +€3,615 | +2,433% |
| Recurring financial charges | 65 | €149 | €227 | +€79 | +53.0% |
| Non-recurring financial charges | 66B | - | €3,536 | +€3,536 | |
| Profit (loss) for the period before taxes | 9903 | €4,290 | -€2,050 | -€6,340 | |
| Income taxes | 67/77 | €251 | €185 | -€66 | -26.5% |
| Profit (loss) for the period | 9904 | €4,039 | -€2,235 | -€6,274 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,039 | -€2,235 | -€6,274 |
Next steps
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 2 November 2026 via checked.be.