GILLIARD Claude: 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.
GILLIARD Claude
Largest movements
- Receivables within one year -€26,762
down €26,762 (-42.5%), from €62,931 to €36,169
of which Other amounts receivable: -€26,762
- Tangible fixed assets -€22,386
down €22,386 (-28.0%), from €80,011 to €57,625
of which Furniture and vehicles: -€21,974
- Profit (loss) carried forward -€36,297
down €36,297, from €732 to -€35,564
- Other debts -€9,958
down €9,958 (-50.7%), from €19,628 to €9,670
- Debts after one year -€9,591
down €9,591 (-17.3%), from €55,597 to €46,006
- Short-term financial debts +€8,810
up €8,810 (+37.5%), from €23,511 to €32,321
- Trade debts -€1,584
down €1,584 (-21.6%), from €7,342 to €5,758
- Gross operating margin -€75,497
down €75,497 (-59.8%), from €126,328 to €50,831
- Staff costs -€8,571
down €8,571 (-14.5%), from €59,049 to €50,478
- Taxes -€8,269
down €8,269 (-85.1%), from €9,716 to €1,447
- Other operating charges -€4,720
down €4,720 (-53.3%), from €8,854 to €4,134
- Depreciation +€4,020
up €4,020 (+19.7%), from €20,451 to €24,471
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,556 | €98,388 | -€49,168 | -33.3% |
| Fixed assets | 21/28 | €80,081 | €57,695 | -€22,386 | -28.0% |
| Tangible fixed assets | 22/27 | €80,011 | €57,625 | -€22,386 | -28.0% |
| Plant, machinery and equipment | 23 | €1,243 | €831 | -€412 | -33.2% |
| Furniture and vehicles | 24 | €78,768 | €56,794 | -€21,974 | -27.9% |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €67,476 | €40,693 | -€26,782 | -39.7% |
| Amounts receivable within one year | 40/41 | €62,931 | €36,169 | -€26,762 | -42.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €62,931 | €36,169 | -€26,762 | -42.5% |
| Current investments | 50/53 | €3 | €0 | -€3 | -100% |
| Deferred charges and accrued income | 490/1 | €4,541 | €4,524 | -€18 | -0.4% |
| Total equity and liabilities | 10/49 | €147,556 | €98,388 | -€49,168 | -33.3% |
| Equity | 10/15 | €13,532 | -€22,764 | -€36,297 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €732 | -€35,564 | -€36,297 | |
| Amounts payable | 17/49 | €134,024 | €121,153 | -€12,871 | -9.6% |
| Amounts payable after more than one year | 17 | €55,597 | €46,006 | -€9,591 | -17.3% |
| Financial debts | 170/4 | €55,597 | €46,006 | -€9,591 | -17.3% |
| Amounts payable within one year | 42/48 | €77,502 | €74,578 | -€2,924 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €9,163 | €9,591 | +€428 | +4.7% |
| Financial debts | 43 | €23,511 | €32,321 | +€8,810 | +37.5% |
| Credit institutions | 430/8 | €23,511 | €32,321 | +€8,810 | +37.5% |
| Trade debts | 44 | €7,342 | €5,758 | -€1,584 | -21.6% |
| Suppliers | 440/4 | €7,342 | €5,758 | -€1,584 | -21.6% |
| Taxes, remuneration and social security | 45 | €17,857 | €17,238 | -€619 | -3.5% |
| Taxes | 450/3 | €9,902 | €11,390 | +€1,489 | +15.0% |
| Remuneration and social security | 454/9 | €7,956 | €5,848 | -€2,108 | -26.5% |
| Other amounts payable | 47/48 | €19,628 | €9,670 | -€9,958 | -50.7% |
| Accrued charges and deferred income | 492/3 | €925 | €568 | -€357 | -38.6% |
| Remuneration, social security and pensions | 62 | €59,049 | €50,478 | -€8,571 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,451 | €24,471 | +€4,020 | +19.7% |
| Other operating charges | 640/8 | €8,854 | €4,134 | -€4,720 | -53.3% |
| Gross operating margin | 9900 | €126,328 | €50,831 | -€75,497 | -59.8% |
| Operating profit (loss) | 9901 | €37,974 | -€28,251 | -€66,226 | |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €5,731 | €6,599 | +€868 | +15.1% |
| Recurring financial charges | 65 | €5,731 | €6,599 | +€868 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €32,247 | -€34,850 | -€67,097 | |
| Income taxes | 67/77 | €9,716 | €1,447 | -€8,269 | -85.1% |
| Profit (loss) for the period | 9904 | €22,532 | -€36,297 | -€58,828 | |
| Transfer from tax-exempt reserves | 789 | €18,945 | €0 | -€18,945 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €41,477 | -€36,297 | -€77,773 |
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.