GILLOU: 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.
GILLOU
Largest movements
- Cash +€73,339
up €73,339 (+21.8%), from €336,585 to €409,924
mainly Other debts (+€138,434) and Net result for the year (+€42,023)
- Receivables within one year -€38,513
down €38,513 (-28.0%), from €137,514 to €99,001
of which Other amounts receivable: -€20,023
- Tangible fixed assets +€23,183
up €23,183 (+119.5%), from €19,405 to €42,588
of which Other tangible fixed assets: +€33,450
- Receivables after one year -€15,463
no longer reported in 2025 (was €15,463)
- Financial fixed assets +€6,666
up €6,666 (+7.2%), from €92,090 to €98,756
- Other debts +€138,434
up €138,434 (+176.4%), from €78,459 to €216,894
- Reserves -€93,865
down €93,865 (-19.1%), from €491,975 to €398,110
- Trade debts +€18,142
up €18,142 (+215.9%), from €8,403 to €26,545
- Tax, wage and social debts -€11,702
down €11,702 (-51.2%), from €22,833 to €11,132
- Gross operating margin -€57,207
down €57,207 (-42.7%), from €133,970 to €76,763
- Taxes -€12,607
down €12,607 (-41.0%), from €30,779 to €18,171
- Financial charges +€4,406
up €4,406 (+2294.6%), from €192 to €4,598
- Financial income -€1,828
down €1,828 (-37.6%), from €4,865 to €3,037
- Depreciation +€1,721
up €1,721 (+15.1%), from €11,374 to €13,094
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 | €610,871 | €662,119 | +€51,248 | +8.4% |
| Fixed assets | 21/28 | €111,495 | €141,344 | +€29,849 | +26.8% |
| Tangible fixed assets | 22/27 | €19,405 | €42,588 | +€23,183 | +119.5% |
| Furniture and vehicles | 24 | €15,717 | €5,450 | -€10,267 | -65.3% |
| Other tangible fixed assets | 26 | €3,688 | €37,138 | +€33,450 | +907.0% |
| Financial fixed assets | 28 | €92,090 | €98,756 | +€6,666 | +7.2% |
| Current assets | 29/58 | €499,376 | €520,775 | +€21,399 | +4.3% |
| Amounts receivable after more than one year | 29 | €15,463 | - | -€15,463 | |
| Other amounts receivable | 291 | €15,463 | - | -€15,463 | |
| Amounts receivable within one year | 40/41 | €137,514 | €99,001 | -€38,513 | -28.0% |
| Trade receivables | 40 | €38,490 | €20,000 | -€18,490 | -48.0% |
| Other amounts receivable | 41 | €99,024 | €79,001 | -€20,023 | -20.2% |
| Cash at bank and in hand | 54/58 | €336,585 | €409,924 | +€73,339 | +21.8% |
| Deferred charges and accrued income | 490/1 | €9,813 | €11,850 | +€2,036 | +20.7% |
| Total equity and liabilities | 10/49 | €610,871 | €662,119 | +€51,248 | +8.4% |
| Equity | 10/15 | €498,175 | €404,310 | -€93,865 | -18.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €491,975 | €398,110 | -€93,865 | -19.1% |
| Distributable reserves | 133 | €491,975 | €398,110 | -€93,865 | -19.1% |
| Amounts payable | 17/49 | €112,696 | €257,809 | +€145,113 | +128.8% |
| Amounts payable within one year | 42/48 | €109,696 | €254,570 | +€144,875 | +132.1% |
| Trade debts | 44 | €8,403 | €26,545 | +€18,142 | +215.9% |
| Suppliers | 440/4 | €8,403 | €26,545 | +€18,142 | +215.9% |
| Taxes, remuneration and social security | 45 | €22,833 | €11,132 | -€11,702 | -51.2% |
| Taxes | 450/3 | €22,833 | €11,132 | -€11,702 | -51.2% |
| Other amounts payable | 47/48 | €78,459 | €216,894 | +€138,434 | +176.4% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,239 | +€239 | +8.0% |
| Non-recurring operating income | 76A | €7,505 | - | -€7,505 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,374 | €13,094 | +€1,721 | +15.1% |
| Other operating charges | 640/8 | €1,624 | €1,913 | +€289 | +17.8% |
| Gross operating margin | 9900 | €133,970 | €76,763 | -€57,207 | -42.7% |
| Operating profit (loss) | 9901 | €120,972 | €61,756 | -€59,217 | -49.0% |
| Financial income | 75/76B | €4,865 | €3,037 | -€1,828 | -37.6% |
| Recurring financial income | 75 | €4,865 | €3,037 | -€1,828 | -37.6% |
| Financial charges | 65/66B | €192 | €4,598 | +€4,406 | +2294.6% |
| Recurring financial charges | 65 | €192 | €4,598 | +€4,406 | +2294.6% |
| Profit (loss) for the period before taxes | 9903 | €125,645 | €60,195 | -€65,451 | -52.1% |
| Income taxes | 67/77 | €30,779 | €18,171 | -€12,607 | -41.0% |
| Profit (loss) for the period | 9904 | €94,867 | €42,023 | -€52,843 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €94,867 | €42,023 | -€52,843 | -55.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.