GILLION PARTNERS: 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.
GILLION PARTNERS
Largest movements
- Cash +€160,097
up €160,097 (+38.9%), from €411,444 to €571,540
mainly Tax, wage and social debts (+€64,830) and Receivables within one year (+€63,842)
- Receivables within one year -€63,842
down €63,842 (-31.3%), from €203,755 to €139,914
of which Trade receivables: -€50,549
- Financial fixed assets -€40,000
down €40,000 (-100%), from €40,000 to €0
- Intangible fixed assets -€8,840
down €8,840 (-29.7%), from €29,761 to €20,921
- Tax, wage and social debts +€64,830
up €64,830 (+618%), from €10,497 to €75,327
of which Taxes: +€57,070
- Profit (loss) carried forward -€42,038
down €42,038 (-11.0%), from -€382,436 to -€424,474
- Trade debts +€32,862
up €32,862 (+25.3%), from €130,146 to €163,009
- Investment grants -€14,497
down €14,497 (-100%), from €14,497 to €0
- Gross operating margin +€185,462
up €185,462, from -€19,792 to €165,670
- Staff costs +€25,146
up €25,146 (+15.1%), from €166,795 to €191,941
- Financial income +€12,709
up €12,709 (+711%), from €1,788 to €14,497
- Financial charges +€12,373
up €12,373 (+594%), from €2,083 to €14,456
of which Non-recurring financial charges: +€12,000
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €772,955 | €814,112 | +€41,157 | +5.3% |
| Fixed assets | 21/28 | €92,293 | €37,937 | -€54,356 | -58.9% |
| Intangible fixed assets | 21 | €29,761 | €20,921 | -€8,840 | -29.7% |
| Tangible fixed assets | 22/27 | €22,532 | €17,016 | -€5,516 | -24.5% |
| Furniture and vehicles | 24 | €12,858 | €8,472 | -€4,386 | -34.1% |
| Other tangible fixed assets | 26 | €9,674 | €8,543 | -€1,130 | -11.7% |
| Financial fixed assets | 28 | €40,000 | €0 | -€40,000 | -100% |
| Current assets | 29/58 | €680,662 | €776,175 | +€95,513 | +14.0% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €203,755 | €139,914 | -€63,842 | -31.3% |
| Trade receivables | 40 | €162,440 | €111,890 | -€50,549 | -31.1% |
| Other amounts receivable | 41 | €41,316 | €28,023 | -€13,293 | -32.2% |
| Cash at bank and in hand | 54/58 | €411,444 | €571,540 | +€160,097 | +38.9% |
| Deferred charges and accrued income | 490/1 | €5,463 | €4,721 | -€742 | -13.6% |
| Total equity and liabilities | 10/49 | €772,955 | €814,112 | +€41,157 | +5.3% |
| Equity | 10/15 | €632,061 | €575,526 | -€56,536 | -8.9% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€382,436 | -€424,474 | -€42,038 | -11.0% |
| Investment grants | 15 | €14,497 | €0 | -€14,497 | -100% |
| Amounts payable | 17/49 | €140,894 | €238,586 | +€97,693 | +69.3% |
| Amounts payable within one year | 42/48 | €140,894 | €238,586 | +€97,693 | +69.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €130,146 | €163,009 | +€32,862 | +25.3% |
| Suppliers | 440/4 | €130,146 | €163,009 | +€32,862 | +25.3% |
| Taxes, remuneration and social security | 45 | €10,497 | €75,327 | +€64,830 | +618% |
| Taxes | 450/3 | €101 | €57,171 | +€57,070 | +56,617% |
| Remuneration and social security | 454/9 | €10,396 | €18,156 | +€7,760 | +74.6% |
| Other amounts payable | 47/48 | €251 | €251 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €166,795 | €191,941 | +€25,146 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,166 | €14,356 | +€190 | +1.3% |
| Other operating charges | 640/8 | €1,215 | €1,453 | +€238 | +19.6% |
| Gross operating margin | 9900 | -€19,792 | €165,670 | +€185,462 | |
| Operating profit (loss) | 9901 | -€201,968 | -€42,080 | +€159,889 | +79.2% |
| Financial income | 75/76B | €1,788 | €14,497 | +€12,709 | +711% |
| Recurring financial income | 75 | €1,788 | €14,497 | +€12,709 | +711% |
| Financial charges | 65/66B | €2,083 | €14,456 | +€12,373 | +594% |
| Recurring financial charges | 65 | €2,083 | €2,456 | +€373 | +17.9% |
| Non-recurring financial charges | 66B | - | €12,000 | +€12,000 | |
| Profit (loss) for the period before taxes | 9903 | -€202,263 | -€42,038 | +€160,225 | +79.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€202,263 | -€42,038 | +€160,225 | +79.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€202,263 | -€42,038 | +€160,225 | +79.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.