GILLET 30: 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.
GILLET 30
Largest movements
- Tangible fixed assets -€183,393
down €183,393 (-14.6%), from €1.3m to €1.1m
- Receivables within one year +€15,849
up €15,849 (+719%), from €2,205 to €18,054
of which Trade receivables: +€15,958
- Profit (loss) carried forward +€274,843
up €274,843 (+54.0%), from -€508,529 to -€233,686
- Debts after one year -€257,072
down €257,072 (-17.3%), from €1.5m to €1.2m
of which Other amounts payable: -€240,201
- Reserves -€203,259
no longer reported in 2024 (was €203,259)
- Trade debts +€23,369
up €23,369 (+371%), from €6,291 to €29,660
- Gross operating margin +€70,114
up €70,114 (+113%), from €62,242 to €132,355
- Depreciation -€5,047
down €5,047 (-10.8%), from €46,731 to €41,684
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,300,442 | €1,132,018 | -€168,424 | -13.0% |
| Fixed assets | 21/28 | €1,259,665 | €1,076,273 | -€183,393 | -14.6% |
| Tangible fixed assets | 22/27 | €1,259,665 | €1,076,273 | -€183,393 | -14.6% |
| Land and buildings | 22 | €1,259,665 | €1,076,273 | -€183,393 | -14.6% |
| Current assets | 29/58 | €40,777 | €55,746 | +€14,969 | +36.7% |
| Amounts receivable within one year | 40/41 | €2,205 | €18,054 | +€15,849 | +719% |
| Trade receivables | 40 | €1,537 | €17,495 | +€15,958 | +1,038% |
| Other amounts receivable | 41 | €668 | €559 | -€108 | -16.2% |
| Cash at bank and in hand | 54/58 | €35,991 | €37,045 | +€1,055 | +2.9% |
| Deferred charges and accrued income | 490/1 | €2,581 | €646 | -€1,935 | -75.0% |
| Total equity and liabilities | 10/49 | €1,300,442 | €1,132,018 | -€168,424 | -13.0% |
| Equity | 10/15 | -€230,270 | -€158,686 | +€71,584 | +31.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €203,259 | - | -€203,259 | |
| Tax-exempt reserves | 132 | €203,259 | - | -€203,259 | |
| Profit (loss) carried forward | 14 | -€508,529 | -€233,686 | +€274,843 | +54.0% |
| Amounts payable | 17/49 | €1,530,712 | €1,290,704 | -€240,008 | -15.7% |
| Amounts payable after more than one year | 17 | €1,487,783 | €1,230,712 | -€257,072 | -17.3% |
| Financial debts | 170/4 | €173,668 | €156,798 | -€16,870 | -9.7% |
| Other amounts payable | 178/9 | €1,314,115 | €1,073,913 | -€240,201 | -18.3% |
| Amounts payable within one year | 42/48 | €40,609 | €57,648 | +€17,039 | +42.0% |
| Current portion of amounts payable after more than one year | 42 | €16,250 | €16,960 | +€710 | +4.4% |
| Trade debts | 44 | €6,291 | €29,660 | +€23,369 | +371% |
| Suppliers | 440/4 | €6,291 | €29,660 | +€23,369 | +371% |
| Other amounts payable | 47/48 | €18,068 | €11,027 | -€7,041 | -39.0% |
| Accrued charges and deferred income | 492/3 | €2,320 | €2,345 | +€25 | +1.1% |
| Non-recurring operating income | 76A | - | €70,263 | +€70,263 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,731 | €41,684 | -€5,047 | -10.8% |
| Other operating charges | 640/8 | €7,584 | €8,125 | +€542 | +7.1% |
| Non-recurring operating charges | 66A | - | €850 | +€850 | |
| Gross operating margin | 9900 | €62,242 | €132,355 | +€70,114 | +113% |
| Operating profit (loss) | 9901 | €7,927 | €81,696 | +€73,769 | +931% |
| Financial charges | 65/66B | €10,093 | €9,732 | -€361 | -3.6% |
| Recurring financial charges | 65 | €10,093 | €9,732 | -€361 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,166 | €71,964 | +€74,130 | |
| Income taxes | 67/77 | - | €380 | +€380 | |
| Profit (loss) for the period | 9904 | -€2,166 | €71,584 | +€73,750 | |
| Transfer from tax-exempt reserves | 789 | - | €203,259 | +€203,259 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,166 | €274,843 | +€277,009 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.