GILLENCE: 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.
GILLENCE
Largest movements
- Cash -€40,811
down €40,811 (-15.4%), from €264,665 to €223,854
mainly Contributions, distributions and other (-€755,000) and Receivables within one year (-€5,407)
- Receivables within one year +€5,407
up €5,407 (+1,216%), from €445 to €5,852
- Reserves -€150,000
no longer reported in 2025 (was €150,000)
- Other debts +€52,215
up €52,215 (+52.2%), from €100,000 to €152,215
- Profit (loss) carried forward +€46,611
up €46,611 (+2,571%), from €1,813 to €48,424
- Tax, wage and social debts +€15,155
up €15,155 (+45.4%), from €33,358 to €48,512
- Gross operating margin +€550,484
up €550,484 (+180%), from €306,554 to €857,039
- Taxes +€116,194
up €116,194 (+137%), from €84,686 to €200,880
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 | €289,824 | €253,692 | -€36,131 | -12.5% |
| Fixed assets | 21/28 | €13,106 | €11,893 | -€1,213 | -9.3% |
| Tangible fixed assets | 22/27 | €13,106 | €11,893 | -€1,213 | -9.3% |
| Plant, machinery and equipment | 23 | €1,873 | €1,260 | -€613 | -32.7% |
| Furniture and vehicles | 24 | €8,074 | €7,474 | -€600 | -7.4% |
| Other tangible fixed assets | 26 | €3,159 | €3,159 | = | 0.0% |
| Current assets | 29/58 | €276,718 | €241,800 | -€34,918 | -12.6% |
| Amounts receivable within one year | 40/41 | €445 | €5,852 | +€5,407 | +1,216% |
| Other amounts receivable | 41 | €445 | €5,852 | +€5,407 | +1,216% |
| Current investments | 50/53 | €9,340 | €10,000 | +€660 | +7.1% |
| Cash at bank and in hand | 54/58 | €264,665 | €223,854 | -€40,811 | -15.4% |
| Deferred charges and accrued income | 490/1 | €2,268 | €2,093 | -€175 | -7.7% |
| Total equity and liabilities | 10/49 | €289,824 | €253,692 | -€36,131 | -12.5% |
| Equity | 10/15 | €153,213 | €49,824 | -€103,389 | -67.5% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Reserves | 13 | €150,000 | - | -€150,000 | |
| Distributable reserves | 133 | €150,000 | - | -€150,000 | |
| Profit (loss) carried forward | 14 | €1,813 | €48,424 | +€46,611 | +2,571% |
| Amounts payable | 17/49 | €136,610 | €203,869 | +€67,258 | +49.2% |
| Amounts payable within one year | 42/48 | €136,610 | €203,869 | +€67,258 | +49.2% |
| Trade debts | 44 | €3,253 | €3,142 | -€111 | -3.4% |
| Suppliers | 440/4 | €3,253 | €3,142 | -€111 | -3.4% |
| Taxes, remuneration and social security | 45 | €33,358 | €48,512 | +€15,155 | +45.4% |
| Taxes | 450/3 | €33,358 | €48,512 | +€15,155 | +45.4% |
| Other amounts payable | 47/48 | €100,000 | €152,215 | +€52,215 | +52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,798 | €3,394 | +€596 | +21.3% |
| Other operating charges | 640/8 | €1,887 | €2,549 | +€663 | +35.1% |
| Gross operating margin | 9900 | €306,554 | €857,039 | +€550,484 | +180% |
| Operating profit (loss) | 9901 | €301,870 | €851,095 | +€549,225 | +182% |
| Financial income | 75/76B | €6,676 | €2,804 | -€3,872 | -58.0% |
| Recurring financial income | 75 | €6,676 | €2,804 | -€3,872 | -58.0% |
| Financial charges | 65/66B | €1,133 | €1,408 | +€276 | +24.3% |
| Recurring financial charges | 65 | €1,133 | €1,408 | +€276 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €307,413 | €852,491 | +€545,078 | +177% |
| Income taxes | 67/77 | €84,686 | €200,880 | +€116,194 | +137% |
| Profit (loss) for the period | 9904 | €222,727 | €651,611 | +€428,883 | +193% |
| Profit (loss) for the period to be appropriated | 9905 | €222,727 | €651,611 | +€428,883 | +193% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.