Gillijns: 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.
Gillijns
Largest movements
- Tangible fixed assets -€824,253
down €824,253 (-41.9%), from €2.0m to €1.1m
of which Land and buildings: -€819,607
- Receivables within one year +€160,413
up €160,413 (+598%), from €26,821 to €187,234
of which Other amounts receivable: +€159,741
- Receivables after one year +€150,000
up €150,000, from €0 to €150,000
- Debts after one year -€536,677
down €536,677 (-100%), from €536,677 to €0
- Reserves +€196,821
up €196,821 (+23.9%), from €822,093 to €1.0m
of which Distributable reserves: +€212,100
- Other debts -€119,310
down €119,310 (-100%), from €119,310 to €0
- Current portion of long-term debt -€48,846
down €48,846 (-100%), from €48,846 to €0
- Tax, wage and social debts +€22,873
up €22,873 (+139%), from €16,495 to €39,368
- Gross operating margin +€335,540
up €335,540 (+157%), from €213,666 to €549,205
- Taxes +€122,516
up €122,516 (+264%), from €46,495 to €169,011
- Depreciation -€41,525
down €41,525 (-52.9%), from €78,556 to €37,031
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,016,783 | €1,505,591 | -€511,192 | -25.3% |
| Fixed assets | 21/28 | €1,966,056 | €1,141,803 | -€824,253 | -41.9% |
| Tangible fixed assets | 22/27 | €1,966,056 | €1,141,803 | -€824,253 | -41.9% |
| Land and buildings | 22 | €1,942,123 | €1,122,516 | -€819,607 | -42.2% |
| Plant, machinery and equipment | 23 | €23,933 | €19,286 | -€4,646 | -19.4% |
| Current assets | 29/58 | €50,727 | €363,789 | +€313,061 | +617% |
| Amounts receivable after more than one year | 29 | €0 | €150,000 | +€150,000 | |
| Other amounts receivable | 291 | €0 | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | €26,821 | €187,234 | +€160,413 | +598% |
| Trade receivables | 40 | €0 | €672 | +€672 | |
| Other amounts receivable | 41 | €26,821 | €186,562 | +€159,741 | +596% |
| Cash at bank and in hand | 54/58 | €21,121 | €22,653 | +€1,532 | +7.3% |
| Deferred charges and accrued income | 490/1 | €2,785 | €3,902 | +€1,117 | +40.1% |
| Total equity and liabilities | 10/49 | €2,016,783 | €1,505,591 | -€511,192 | -25.3% |
| Equity | 10/15 | €1,151,029 | €1,347,850 | +€196,821 | +17.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €822,093 | €1,018,914 | +€196,821 | +23.9% |
| Tax-exempt reserves | 132 | €328,099 | €312,820 | -€15,279 | -4.7% |
| Distributable reserves | 133 | €493,994 | €706,094 | +€212,100 | +42.9% |
| Profit (loss) carried forward | 14 | €310,344 | €310,344 | = | 0.0% |
| Provisions and deferred taxes | 16 | €125,907 | €118,040 | -€7,868 | -6.2% |
| Deferred taxes | 168 | €125,907 | €118,040 | -€7,868 | -6.2% |
| Amounts payable | 17/49 | €739,847 | €39,702 | -€700,145 | -94.6% |
| Amounts payable after more than one year | 17 | €536,677 | €0 | -€536,677 | -100% |
| Financial debts | 170/4 | €536,677 | €0 | -€536,677 | -100% |
| Amounts payable within one year | 42/48 | €203,170 | €39,368 | -€163,802 | -80.6% |
| Current portion of amounts payable after more than one year | 42 | €48,846 | €0 | -€48,846 | -100% |
| Financial debts | 43 | €17,648 | €0 | -€17,648 | -100% |
| Credit institutions | 430/8 | €17,648 | €0 | -€17,648 | -100% |
| Trade debts | 44 | €871 | €0 | -€871 | -100% |
| Suppliers | 440/4 | €871 | €0 | -€871 | -100% |
| Taxes, remuneration and social security | 45 | €16,495 | €39,368 | +€22,873 | +139% |
| Taxes | 450/3 | €16,495 | €39,368 | +€22,873 | +139% |
| Other amounts payable | 47/48 | €119,310 | €0 | -€119,310 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €334 | +€334 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,556 | €37,031 | -€41,525 | -52.9% |
| Other operating charges | 640/8 | €3,241 | €3,343 | +€102 | +3.1% |
| Gross operating margin | 9900 | €213,666 | €549,205 | +€335,540 | +157% |
| Operating profit (loss) | 9901 | €131,868 | €508,831 | +€376,962 | +286% |
| Financial income | 75/76B | €462 | €3,865 | +€3,403 | +737% |
| Recurring financial income | 75 | €462 | €3,865 | +€3,403 | +737% |
| Financial charges | 65/66B | €10,932 | €5,731 | -€5,201 | -47.6% |
| Recurring financial charges | 65 | €10,932 | €5,731 | -€5,201 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | €121,398 | €506,964 | +€385,566 | +318% |
| Transfer from deferred taxes | 780 | €7,868 | €7,868 | = | 0.0% |
| Income taxes | 67/77 | €46,495 | €169,011 | +€122,516 | +264% |
| Profit (loss) for the period | 9904 | €82,771 | €345,821 | +€263,050 | +318% |
| Transfer from tax-exempt reserves | 789 | €15,279 | €15,279 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,050 | €361,100 | +€263,050 | +268% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.