GILLET & 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.
GILLET & CO
Largest movements
- Cash -€35,159
down €35,159 (-31.4%), from €112,102 to €76,942
mainly Other debts (-€19,405) and Net result for the year (-€8,632)
- Receivables within one year +€5,834
new in 2025: €5,834
- Other debts -€19,405
down €19,405 (-68.8%), from €28,217 to €8,813
- Profit (loss) carried forward -€8,632
down €8,632 (-18.7%), from -€46,192 to -€54,824
- Tax, wage and social debts -€2,500
no longer reported in 2025 (was €2,500)
- Gross operating margin +€41,711
up €41,711 (+87.9%), from -€47,452 to -€5,741
- Purchases and services +€17,380
new in 2025: €17,380
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 | €112,912 | €82,964 | -€29,948 | -26.5% |
| Fixed assets | 21/28 | €810 | €188 | -€622 | -76.8% |
| Tangible fixed assets | 22/27 | €686 | €64 | -€622 | -90.6% |
| Land and buildings | 22 | €686 | €64 | -€622 | -90.6% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €112,102 | €82,776 | -€29,325 | -26.2% |
| Amounts receivable within one year | 40/41 | - | €5,834 | +€5,834 | |
| Trade receivables | 40 | - | €5,834 | +€5,834 | |
| Cash at bank and in hand | 54/58 | €112,102 | €76,942 | -€35,159 | -31.4% |
| Total equity and liabilities | 10/49 | €112,912 | €82,964 | -€29,948 | -26.5% |
| Equity | 10/15 | €81,992 | €73,360 | -€8,632 | -10.5% |
| 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 | €66,184 | €66,184 | = | 0.0% |
| Non-distributable reserves | 130/1 | €66,184 | €66,184 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €59,984 | €59,984 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,192 | -€54,824 | -€8,632 | -18.7% |
| Amounts payable | 17/49 | €30,920 | €9,605 | -€21,316 | -68.9% |
| Amounts payable within one year | 42/48 | €30,920 | €9,605 | -€21,316 | -68.9% |
| Trade debts | 44 | €203 | €792 | +€589 | +290% |
| Suppliers | 440/4 | €203 | €792 | +€589 | +290% |
| Taxes, remuneration and social security | 45 | €2,500 | - | -€2,500 | |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €28,217 | €8,813 | -€19,405 | -68.8% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €17,380 | +€17,380 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,082 | €622 | -€459 | -42.5% |
| Other operating charges | 640/8 | €2,899 | €2,503 | -€397 | -13.7% |
| Gross operating margin | 9900 | -€47,452 | -€5,741 | +€41,711 | +87.9% |
| Operating profit (loss) | 9901 | -€51,433 | -€8,866 | +€42,567 | +82.8% |
| Financial income | 75/76B | €441 | €535 | +€94 | +21.2% |
| Recurring financial income | 75 | €441 | €535 | +€94 | +21.2% |
| Financial charges | 65/66B | €179 | €141 | -€38 | -21.2% |
| Recurring financial charges | 65 | €179 | €141 | -€38 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€51,170 | -€8,472 | +€42,699 | +83.4% |
| Income taxes | 67/77 | €132 | €160 | +€28 | +21.0% |
| Profit (loss) for the period | 9904 | -€51,303 | -€8,632 | +€42,671 | +83.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,303 | -€8,632 | +€42,671 | +83.2% |
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 1 November 2026 via checked.be.