GILLICO: what changed
Two fiscal 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.
GILLICO
Largest movements
- Tangible fixed assets -€28,379
down €28,379 (-39.4%), from €72,098 to €43,719
- Receivables within one year -€3,251
down €3,251 (-21.6%), from €15,022 to €11,771
of which Trade receivables: -€3,654
- Cash +€893
new in 2025: €893
mainly Depreciation (+€30,317) and Net result for the year (+€28,236)
- Other debts -€39,009
down €39,009 (-79.4%), from €49,132 to €10,123
- Trade debts -€39,008
down €39,008 (-90.3%), from €43,178 to €4,170
- Profit (loss) carried forward +€28,236
up €28,236, from -€5,433 to €22,803
- Accrued charges and deferred income +€18,611
new in 2025: €18,611
- Turnover +€137,274
new in 2025: €137,274
- Purchases and services +€57,184
new in 2025: €57,184
- Gross operating margin +€30,195
up €30,195 (+60.5%), from €49,893 to €80,088
- Depreciation +€12,478
up €12,478 (+69.9%), from €17,839 to €30,317
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.
Cash bridge derived
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 | €88,377 | €57,207 | -€31,170 | -35.3% |
| Fixed assets | 21/28 | €72,098 | €43,719 | -€28,379 | -39.4% |
| Tangible fixed assets | 22/27 | €72,098 | €43,719 | -€28,379 | -39.4% |
| Furniture and vehicles | 24 | €72,098 | €43,719 | -€28,379 | -39.4% |
| Current assets | 29/58 | €16,279 | €13,488 | -€2,791 | -17.1% |
| Amounts receivable within one year | 40/41 | €15,022 | €11,771 | -€3,251 | -21.6% |
| Trade receivables | 40 | €9,672 | €6,018 | -€3,654 | -37.8% |
| Other amounts receivable | 41 | €5,350 | €5,753 | +€403 | +7.5% |
| Current investments | 50/53 | €434 | - | -€434 | |
| Cash at bank and in hand | 54/58 | - | €893 | +€893 | |
| Deferred charges and accrued income | 490/1 | €823 | €824 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €88,377 | €57,207 | -€31,170 | -35.3% |
| Equity | 10/15 | -€3,933 | €24,303 | +€28,236 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,433 | €22,803 | +€28,236 | |
| Amounts payable | 17/49 | €92,310 | €32,904 | -€59,406 | -64.4% |
| Amounts payable within one year | 42/48 | €92,310 | €14,293 | -€78,017 | -84.5% |
| Trade debts | 44 | €43,178 | €4,170 | -€39,008 | -90.3% |
| Suppliers | 440/4 | €43,178 | €4,170 | -€39,008 | -90.3% |
| Other amounts payable | 47/48 | €49,132 | €10,123 | -€39,009 | -79.4% |
| Accrued charges and deferred income | 492/3 | - | €18,611 | +€18,611 | |
| Turnover | 70 | - | €137,274 | +€137,274 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €57,184 | +€57,184 | |
| Remuneration, social security and pensions | 62 | €18,900 | €18,900 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,839 | €30,317 | +€12,478 | +69.9% |
| Other operating charges | 640/8 | €2,884 | €2,829 | -€55 | -1.9% |
| Gross operating margin | 9900 | €49,893 | €80,088 | +€30,195 | +60.5% |
| Operating profit (loss) | 9901 | €10,270 | €28,042 | +€17,772 | +173.0% |
| Financial income | 75/76B | - | €194 | +€194 | |
| Recurring financial income | 75 | - | €194 | +€194 | |
| Non-recurring financial income | 76B | - | €194 | +€194 | |
| Financial charges | 65/66B | €198 | - | -€198 | |
| Recurring financial charges | 65 | €198 | - | -€198 | |
| Profit (loss) for the period before taxes | 9903 | €10,072 | €28,236 | +€18,164 | +180.3% |
| Profit (loss) for the period | 9904 | €10,072 | €28,236 | +€18,164 | +180.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,072 | €28,236 | +€18,164 | +180.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.