GILLIMMO: 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.
GILLIMMO
Largest movements
- Current investments +€191,526
up €191,526 (+179.9%), from €106,480 to €298,006
- Tangible fixed assets -€130,607
down €130,607 (-30.5%), from €427,757 to €297,150
of which Land and buildings: -€127,991
- Intangible fixed assets -€9,257
down €9,257 (-10.0%), from €92,568 to €83,311
- Cash +€7,824
up €7,824 (+987.9%), from €792 to €8,615
mainly Investment in fixed assets (net) (+€110,754) and Net result for the year (+€63,952)
- Deferred charges and accrued income -€7,557
down €7,557 (-55.0%), from €13,732 to €6,175
- Reserves +€45,952
up €45,952 (+15.2%), from €302,183 to €348,136
of which Distributable reserves: +€52,937
- Other debts +€18,213
up €18,213 (+241.7%), from €7,537 to €25,750
- Gross operating margin +€108,625
up €108,625 (+286.1%), from €37,970 to €146,594
- Taxes +€29,675
up €29,675 (+209.7%), from €14,154 to €43,829
- Financial income +€8,370
up €8,370 (+175.7%), from €4,762 to €13,132
- Financial charges +€5,665
up €5,665 (+64.3%), from €8,807 to €14,473
- Depreciation -€4,151
down €4,151 (-12.5%), from €33,261 to €29,110
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 | €641,329 | €697,005 | +€55,676 | +8.7% |
| Fixed assets | 21/28 | €520,325 | €380,461 | -€139,864 | -26.9% |
| Intangible fixed assets | 21 | €92,568 | €83,311 | -€9,257 | -10.0% |
| Tangible fixed assets | 22/27 | €427,757 | €297,150 | -€130,607 | -30.5% |
| Land and buildings | 22 | €419,255 | €291,264 | -€127,991 | -30.5% |
| Furniture and vehicles | 24 | €8,502 | €5,886 | -€2,616 | -30.8% |
| Current assets | 29/58 | €121,004 | €316,544 | +€195,540 | +161.6% |
| Amounts receivable within one year | 40/41 | - | €3,747 | +€3,747 | |
| Trade receivables | 40 | - | €3,180 | +€3,180 | |
| Other amounts receivable | 41 | - | €567 | +€567 | |
| Current investments | 50/53 | €106,480 | €298,006 | +€191,526 | +179.9% |
| Cash at bank and in hand | 54/58 | €792 | €8,615 | +€7,824 | +987.9% |
| Deferred charges and accrued income | 490/1 | €13,732 | €6,175 | -€7,557 | -55.0% |
| Total equity and liabilities | 10/49 | €641,329 | €697,005 | +€55,676 | +8.7% |
| Equity | 10/15 | €527,133 | €573,086 | +€45,952 | +8.7% |
| Contributions | 10/11 | €224,950 | €224,950 | = | 0.0% |
| Reserves | 13 | €302,183 | €348,136 | +€45,952 | +15.2% |
| Tax-exempt reserves | 132 | €179,953 | €172,968 | -€6,985 | -3.9% |
| Distributable reserves | 133 | €122,231 | €175,168 | +€52,937 | +43.3% |
| Provisions and deferred taxes | 16 | €91,156 | €87,557 | -€3,598 | -3.9% |
| Deferred taxes | 168 | €91,156 | €87,557 | -€3,598 | -3.9% |
| Amounts payable | 17/49 | €23,040 | €36,362 | +€13,322 | +57.8% |
| Amounts payable within one year | 42/48 | €23,040 | €36,362 | +€13,322 | +57.8% |
| Trade debts | 44 | €1,571 | €3,608 | +€2,037 | +129.7% |
| Suppliers | 440/4 | €1,571 | €3,608 | +€2,037 | +129.7% |
| Taxes, remuneration and social security | 45 | €13,932 | €7,004 | -€6,929 | -49.7% |
| Taxes | 450/3 | €12,476 | €5,825 | -€6,651 | -53.3% |
| Remuneration and social security | 454/9 | €1,456 | €1,179 | -€278 | -19.1% |
| Other amounts payable | 47/48 | €7,537 | €25,750 | +€18,213 | +241.7% |
| Remuneration, social security and pensions | 62 | €7,906 | €7,399 | -€508 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,261 | €29,110 | -€4,151 | -12.5% |
| Other operating charges | 640/8 | €4,416 | €4,563 | +€147 | +3.3% |
| Gross operating margin | 9900 | €37,970 | €146,594 | +€108,625 | +286.1% |
| Operating profit (loss) | 9901 | -€7,613 | €105,523 | +€113,137 | |
| Financial income | 75/76B | €4,762 | €13,132 | +€8,370 | +175.7% |
| Recurring financial income | 75 | €4,762 | €13,132 | +€8,370 | +175.7% |
| Financial charges | 65/66B | €8,807 | €14,473 | +€5,665 | +64.3% |
| Recurring financial charges | 65 | €8,807 | €14,473 | +€5,665 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,658 | €104,183 | +€115,841 | |
| Transfer from deferred taxes | 780 | €3,598 | €3,598 | = | 0.0% |
| Income taxes | 67/77 | €14,154 | €43,829 | +€29,675 | +209.7% |
| Profit (loss) for the period | 9904 | -€22,214 | €63,952 | +€86,166 | |
| Transfer from tax-exempt reserves | 789 | €6,985 | €6,985 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,229 | €70,937 | +€86,166 |
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 6 October 2026 via checked.be.