Gillis Group: what changed
Gillis Group
Largest movements
- Cash +€21,774
up €21,774 (+48.8%), from €44,612 to €66,386
mainly Depreciation (+€13,388) and Receivables within one year (+€11,426)
- Receivables within one year -€11,426
down €11,426 (-78.1%), from €14,636 to €3,210
of which Trade receivables: -€8,325
- Tangible fixed assets -€8,260
down €8,260 (-34.2%), from €24,155 to €15,895
of which Furniture and vehicles: -€10,000
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€2,105
up €2,105 (+15.9%), from €13,238 to €15,343
- Depreciation +€1,908
up €1,908 (+16.6%), from €11,480 to €13,388
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,403 | €85,491 | +€2,088 | +2.5% |
| Fixed assets | 21/28 | €24,155 | €15,895 | -€8,260 | -34.2% |
| Tangible fixed assets | 22/27 | €24,155 | €15,895 | -€8,260 | -34.2% |
| Plant, machinery and equipment | 23 | €13,322 | €15,062 | +€1,740 | +13.1% |
| Furniture and vehicles | 24 | €10,833 | €833 | -€10,000 | -92.3% |
| Current assets | 29/58 | €59,248 | €69,596 | +€10,348 | +17.5% |
| Amounts receivable within one year | 40/41 | €14,636 | €3,210 | -€11,426 | -78.1% |
| Trade receivables | 40 | €11,535 | €3,210 | -€8,325 | -72.2% |
| Other amounts receivable | 41 | €3,101 | - | -€3,101 | |
| Cash at bank and in hand | 54/58 | €44,612 | €66,386 | +€21,774 | +48.8% |
| Total equity and liabilities | 10/49 | €83,403 | €85,491 | +€2,088 | +2.5% |
| Equity | 10/15 | €52,436 | €52,873 | +€437 | +0.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Share premium | 1100/10 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €31,976 | €32,413 | +€437 | +1.4% |
| Distributable reserves | 133 | €31,976 | €32,413 | +€437 | +1.4% |
| Amounts payable | 17/49 | €30,967 | €32,618 | +€1,651 | +5.3% |
| Amounts payable within one year | 42/48 | €30,967 | €32,618 | +€1,651 | +5.3% |
| Trade debts | 44 | - | €387 | +€387 | |
| Suppliers | 440/4 | - | €387 | +€387 | |
| Taxes, remuneration and social security | 45 | €784 | €1,223 | +€439 | +56.0% |
| Taxes | 450/3 | €784 | €1,223 | +€439 | +56.0% |
| Other amounts payable | 47/48 | €30,183 | €31,008 | +€825 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,480 | €13,388 | +€1,908 | +16.6% |
| Other operating charges | 640/8 | €839 | €971 | +€132 | +15.7% |
| Gross operating margin | 9900 | €13,238 | €15,343 | +€2,105 | +15.9% |
| Operating profit (loss) | 9901 | €919 | €984 | +€65 | +7.1% |
| Financial charges | 65/66B | €41 | €38 | -€3 | -7.3% |
| Recurring financial charges | 65 | €41 | €38 | -€3 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €878 | €946 | +€68 | +7.7% |
| Income taxes | 67/77 | €366 | €509 | +€143 | +39.1% |
| Profit (loss) for the period | 9904 | €512 | €437 | -€75 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €512 | €437 | -€75 | -14.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.