GILLO: 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.
GILLO
Largest movements
- Cash -€10,792
down €10,792 (-82.7%), from €13,052 to €2,260
mainly Receivables within one year (-€6,824) and Net result for the year (-€2,245)
- Receivables within one year +€6,824
up €6,824 (+46.6%), from €14,657 to €21,481
- Reserves -€2,245
down €2,245 (-4.2%), from €53,793 to €51,548
of which Distributable reserves: -€2,245
- Tax, wage and social debts -€941
down €941 (-43.2%), from €2,179 to €1,238
- Gross operating margin -€6,412
down €6,412, from €3,289 to -€3,123
- Taxes -€345
down €345 (-62.7%), from €550 to €205
- Financial charges -€231
down €231 (-57.1%), from €404 to €173
- Financial income +€134
up €134 (+8.2%), from €1,627 to €1,760
- Other operating charges +€77
up €77 (+18.0%), from €427 to €504
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 | €75,673 | €71,737 | -€3,936 | -5.2% |
| Current assets | 29/58 | €75,673 | €71,737 | -€3,936 | -5.2% |
| Amounts receivable after more than one year | 29 | €45,900 | €45,900 | = | 0.0% |
| Other amounts receivable | 291 | €45,900 | €45,900 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,530 | €1,530 | = | 0.0% |
| Stocks | 30/36 | €1,530 | €1,530 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,657 | €21,481 | +€6,824 | +46.6% |
| Other amounts receivable | 41 | €14,657 | €21,481 | +€6,824 | +46.6% |
| Cash at bank and in hand | 54/58 | €13,052 | €2,260 | -€10,792 | -82.7% |
| Deferred charges and accrued income | 490/1 | €533 | €566 | +€33 | +6.1% |
| Total equity and liabilities | 10/49 | €75,673 | €71,737 | -€3,936 | -5.2% |
| Equity | 10/15 | €72,385 | €70,140 | -€2,245 | -3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €53,793 | €51,548 | -€2,245 | -4.2% |
| Non-distributable reserves | 130/1 | €2,355 | €2,355 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,355 | €2,355 | = | 0.0% |
| Distributable reserves | 133 | €51,438 | €49,193 | -€2,245 | -4.4% |
| Amounts payable | 17/49 | €3,288 | €1,597 | -€1,691 | -51.4% |
| Amounts payable within one year | 42/48 | €3,288 | €1,597 | -€1,691 | -51.4% |
| Trade debts | 44 | €1,108 | €358 | -€750 | -67.7% |
| Suppliers | 440/4 | €1,108 | €358 | -€750 | -67.7% |
| Taxes, remuneration and social security | 45 | €2,179 | €1,238 | -€941 | -43.2% |
| Taxes | 450/3 | €2,179 | €1,238 | -€941 | -43.2% |
| Other operating charges | 640/8 | €427 | €504 | +€77 | +18.0% |
| Gross operating margin | 9900 | €3,289 | -€3,123 | -€6,412 | |
| Operating profit (loss) | 9901 | €2,862 | -€3,627 | -€6,489 | |
| Financial income | 75/76B | €1,627 | €1,760 | +€134 | +8.2% |
| Recurring financial income | 75 | €1,627 | €1,760 | +€134 | +8.2% |
| Financial charges | 65/66B | €404 | €173 | -€231 | -57.1% |
| Recurring financial charges | 65 | €404 | €173 | -€231 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €4,085 | -€2,040 | -€6,125 | |
| Income taxes | 67/77 | €550 | €205 | -€345 | -62.7% |
| Profit (loss) for the period | 9904 | €3,535 | -€2,245 | -€5,780 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,535 | -€2,245 | -€5,780 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.