GILLARD et ROLAIN: what changed
What changed
GILLARD et ROLAIN
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€81,732
2024 · €56,947+€24,785
Equity
€863,476
2024 · €781,744+€81,732
Cash
€13,031
2024 · €39,294-€26,263
Balance sheet total
€1.0m
2024 · €1.0m+€7,193
Largest movements
Assets
- Receivables within one year +€28,138
up €28,138 (+28.2%), from €99,851 to €127,989
of which Trade receivables: +€26,481
- Cash -€26,263
down €26,263 (-66.8%), from €39,294 to €13,031
mainly Debts after one year (-€64,419) and Receivables within one year (-€28,138)
Equity and liabilities
- Reserves +€81,732
up €81,732 (+12.4%), from €657,744 to €739,476
of which Distributable reserves: +€81,732
- Debts after one year -€64,419
down €64,419 (-55.3%), from €116,386 to €51,967
- Current portion of long-term debt -€23,981
down €23,981 (-24.5%), from €98,027 to €74,046
- Trade debts +€15,812
up €15,812 (+144%), from €11,004 to €26,816
Income statement
- Gross operating margin +€31,325
up €31,325 (+14.6%), from €214,737 to €246,061
- Taxes +€7,879
up €7,879 (+31.5%), from €25,044 to €32,923
- Financial charges -€4,730
down €4,730 (-45.5%), from €10,395 to €5,665
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
€56,947
Gross operating margin
+€31,325
Staff costs
-€2,170
Depreciation
-€1,174
Write-downs
-€2,323
Other operating charges
-€67
Other operating items
+€2,341
Financial income
+€3
Financial charges
+€4,730
Taxes
-€7,879
Result 2025
€81,732
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
+€79,009
Investment
-€8,833
Financing
-€96,438
Cash 2024
€39,294
From operations (derived)
+€79,009
Net result for the year
+€81,732
Depreciation
+€9,303
Receivables within one year
-€28,138
Deferred charges and accrued income
-€5,787
Trade debts
+€15,812
Tax, wage and social debts
+€7,592
Other debts
-€1,504
Investment (derived)
-€8,833
Investment in fixed assets (net)
-€8,833
Financing
-€96,438
Debts after one year
-€64,419
Current portion of long-term debt
-€23,981
Short-term financial debts
-€8,038
Cash 2025
€13,031
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,040,634 | €1,047,827 | +€7,193 | +0.7% |
| Fixed assets | 21/28 | €899,683 | €899,214 | -€470 | -0.1% |
| Intangible fixed assets | 21 | €100,521 | €100,521 | = | 0.0% |
| Tangible fixed assets | 22/27 | €148,047 | €147,578 | -€470 | -0.3% |
| Land and buildings | 22 | €129,345 | €124,101 | -€5,244 | -4.1% |
| Plant, machinery and equipment | 23 | €17,856 | €18,585 | +€729 | +4.1% |
| Furniture and vehicles | 24 | €846 | €4,891 | +€4,045 | +478% |
| Financial fixed assets | 28 | €651,116 | €651,116 | = | 0.0% |
| Current assets | 29/58 | €140,951 | €148,613 | +€7,663 | +5.4% |
| Amounts receivable within one year | 40/41 | €99,851 | €127,989 | +€28,138 | +28.2% |
| Trade receivables | 40 | €50,199 | €76,680 | +€26,481 | +52.8% |
| Other amounts receivable | 41 | €49,652 | €51,309 | +€1,657 | +3.3% |
| Cash at bank and in hand | 54/58 | €39,294 | €13,031 | -€26,263 | -66.8% |
| Deferred charges and accrued income | 490/1 | €1,806 | €7,594 | +€5,787 | +320% |
| Total equity and liabilities | 10/49 | €1,040,634 | €1,047,827 | +€7,193 | +0.7% |
| Equity | 10/15 | €781,744 | €863,476 | +€81,732 | +10.5% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €657,744 | €739,476 | +€81,732 | +12.4% |
| Non-distributable reserves | 130/1 | €14,309 | €14,309 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,909 | €1,909 | = | 0.0% |
| Distributable reserves | 133 | €643,435 | €725,167 | +€81,732 | +12.7% |
| Amounts payable | 17/49 | €258,890 | €184,351 | -€74,539 | -28.8% |
| Amounts payable after more than one year | 17 | €116,386 | €51,967 | -€64,419 | -55.3% |
| Financial debts | 170/4 | €116,386 | €51,967 | -€64,419 | -55.3% |
| Amounts payable within one year | 42/48 | €142,504 | €132,384 | -€10,120 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €98,027 | €74,046 | -€23,981 | -24.5% |
| Financial debts | 43 | €8,038 | - | -€8,038 | |
| Credit institutions | 430/8 | €8,038 | - | -€8,038 | |
| Trade debts | 44 | €11,004 | €26,816 | +€15,812 | +144% |
| Suppliers | 440/4 | €11,004 | €26,816 | +€15,812 | +144% |
| Taxes, remuneration and social security | 45 | €18,760 | €26,352 | +€7,592 | +40.5% |
| Taxes | 450/3 | €7,243 | €17,923 | +€10,681 | +147% |
| Remuneration and social security | 454/9 | €11,517 | €8,429 | -€3,089 | -26.8% |
| Other amounts payable | 47/48 | €6,675 | €5,170 | -€1,504 | -22.5% |
| Remuneration, social security and pensions | 62 | €112,091 | €114,261 | +€2,170 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,129 | €9,303 | +€1,174 | +14.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,323 | - | +€2,323 | |
| Other operating charges | 640/8 | €2,113 | €2,180 | +€67 | +3.2% |
| Non-recurring operating charges | 66A | €2,341 | - | -€2,341 | |
| Gross operating margin | 9900 | €214,737 | €246,061 | +€31,325 | +14.6% |
| Operating profit (loss) | 9901 | €92,386 | €120,317 | +€27,931 | +30.2% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €10,395 | €5,665 | -€4,730 | -45.5% |
| Recurring financial charges | 65 | €10,395 | €5,665 | -€4,730 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | €81,992 | €114,656 | +€32,664 | +39.8% |
| Income taxes | 67/77 | €25,044 | €32,923 | +€7,879 | +31.5% |
| Profit (loss) for the period | 9904 | €56,947 | €81,732 | +€24,785 | +43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €56,947 | €81,732 | +€24,785 | +43.5% |
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 7 November 2026 via checked.be.