GILLES & CO: 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.
GILLES & CO
Largest movements
- Cash -€35,997
down €35,997 (-47.1%), from €76,354 to €40,357
mainly Net result for the year (-€56,533) and Debts after one year (-€53,525)
- Tangible fixed assets -€30,380
down €30,380 (-18.7%), from €162,035 to €131,655
of which Land and buildings: -€30,112
- Receivables within one year -€5,409
down €5,409 (-2.8%), from €194,186 to €188,778
of which Trade receivables: -€6,084
- Profit (loss) carried forward -€56,533
down €56,533 (-55.1%), from -€102,664 to -€159,196
- Debts after one year -€53,525
no longer reported in 2025 (was €53,525)
- Current portion of long-term debt +€23,735
up €23,735 (+72.4%), from €32,790 to €56,525
- Tax, wage and social debts +€21,820
up €21,820 (+469%), from €4,657 to €26,476
of which Taxes: +€25,768
- Other debts -€21,607
down €21,607 (-11.7%), from €184,992 to €163,385
- Financial income -€27,028
down €27,028 (-99.6%), from €27,128 to €100
- Gross operating margin +€20,549
up €20,549, from -€20,130 to €419
- Write-downs +€14,598
up €14,598, from -€1,619 to €12,979
- Financial charges -€1,210
down €1,210 (-24.3%), from €4,974 to €3,764
- Other operating charges +€1,028
up €1,028 (+11.5%), from €8,901 to €9,929
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 | €454,446 | €380,076 | -€74,370 | -16.4% |
| Fixed assets | 21/28 | €162,035 | €131,655 | -€30,380 | -18.7% |
| Tangible fixed assets | 22/27 | €162,035 | €131,655 | -€30,380 | -18.7% |
| Land and buildings | 22 | €161,521 | €131,409 | -€30,112 | -18.6% |
| Furniture and vehicles | 24 | €514 | €246 | -€268 | -52.2% |
| Current assets | 29/58 | €292,411 | €248,421 | -€43,989 | -15.0% |
| Stocks and contracts in progress | 3 | €18,008 | €18,008 | = | 0.0% |
| Stocks | 30/36 | €18,008 | €18,008 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €194,186 | €188,778 | -€5,409 | -2.8% |
| Trade receivables | 40 | €193,871 | €187,788 | -€6,084 | -3.1% |
| Other amounts receivable | 41 | €315 | €990 | +€675 | +214% |
| Current investments | 50/53 | - | €22 | +€22 | |
| Cash at bank and in hand | 54/58 | €76,354 | €40,357 | -€35,997 | -47.1% |
| Deferred charges and accrued income | 490/1 | €3,862 | €1,257 | -€2,606 | -67.5% |
| Total equity and liabilities | 10/49 | €454,446 | €380,076 | -€74,370 | -16.4% |
| Equity | 10/15 | -€19,464 | -€75,996 | -€56,533 | -290% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €21,200 | €21,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,664 | -€159,196 | -€56,533 | -55.1% |
| Provisions and deferred taxes | 16 | €193,450 | €193,450 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €193,450 | €193,450 | = | 0.0% |
| Pensions and similar obligations | 160 | €193,450 | €193,450 | = | 0.0% |
| Amounts payable | 17/49 | €280,459 | €262,622 | -€17,837 | -6.4% |
| Amounts payable after more than one year | 17 | €53,525 | - | -€53,525 | |
| Financial debts | 170/4 | €53,525 | - | -€53,525 | |
| Amounts payable within one year | 42/48 | €226,934 | €262,622 | +€35,688 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €32,790 | €56,525 | +€23,735 | +72.4% |
| Trade debts | 44 | €4,495 | €16,236 | +€11,741 | +261% |
| Suppliers | 440/4 | €4,495 | €16,236 | +€11,741 | +261% |
| Taxes, remuneration and social security | 45 | €4,657 | €26,476 | +€21,820 | +469% |
| Taxes | 450/3 | €708 | €26,476 | +€25,768 | +3,638% |
| Remuneration and social security | 454/9 | €3,948 | - | -€3,948 | |
| Other amounts payable | 47/48 | €184,992 | €163,385 | -€21,607 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,438 | €30,380 | -€57 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,619 | €12,979 | +€14,598 | |
| Other operating charges | 640/8 | €8,901 | €9,929 | +€1,028 | +11.5% |
| Gross operating margin | 9900 | -€20,130 | €419 | +€20,549 | |
| Operating profit (loss) | 9901 | -€57,849 | -€52,869 | +€4,981 | +8.6% |
| Financial income | 75/76B | €27,128 | €100 | -€27,028 | -99.6% |
| Recurring financial income | 75 | €27,128 | €100 | -€27,028 | -99.6% |
| Financial charges | 65/66B | €4,974 | €3,764 | -€1,210 | -24.3% |
| Recurring financial charges | 65 | €4,974 | €3,764 | -€1,210 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | -€35,696 | -€56,533 | -€20,837 | -58.4% |
| Profit (loss) for the period | 9904 | -€35,696 | -€56,533 | -€20,837 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,696 | -€56,533 | -€20,837 | -58.4% |
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 28 October 2026 via checked.be.