Gills Tech: 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.
Gills Tech
Largest movements
- Intangible fixed assets +€17,766
up €17,766 (+93.6%), from €18,986 to €36,752
- Receivables within one year -€8,988
down €8,988 (-87.0%), from €10,334 to €1,346
of which Other amounts receivable: -€5,013
- Cash +€8,754
up €8,754 (+426.8%), from €2,051 to €10,804
mainly Other debts (+€35,800) and Depreciation (+€9,141)
- Other debts +€35,800
up €35,800 (+103.5%), from €34,593 to €70,393
- Profit (loss) carried forward -€19,893
down €19,893 (-126.3%), from -€15,746 to -€35,639
- Investment grants +€1,997
up €1,997 (+32.5%), from €6,145 to €8,143
- Gross operating margin -€2,754
down €2,754 (-29.3%), from -€9,416 to -€12,171
- Depreciation +€1,908
up €1,908 (+26.4%), from €7,233 to €9,141
- Other operating charges -€372
down €372 (-48.2%), from €772 to €400
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 | €31,811 | €49,727 | +€17,916 | +56.3% |
| Fixed assets | 21/28 | €19,426 | €37,137 | +€17,712 | +91.2% |
| Intangible fixed assets | 21 | €18,986 | €36,752 | +€17,766 | +93.6% |
| Tangible fixed assets | 22/27 | €439 | €115 | -€324 | -73.7% |
| Furniture and vehicles | 24 | €439 | €115 | -€324 | -73.7% |
| Financial fixed assets | 28 | - | €270 | +€270 | |
| Current assets | 29/58 | €12,385 | €12,590 | +€205 | +1.7% |
| Amounts receivable within one year | 40/41 | €10,334 | €1,346 | -€8,988 | -87.0% |
| Trade receivables | 40 | €4,375 | €400 | -€3,975 | -90.9% |
| Other amounts receivable | 41 | €5,959 | €947 | -€5,013 | -84.1% |
| Cash at bank and in hand | 54/58 | €2,051 | €10,804 | +€8,754 | +426.8% |
| Deferred charges and accrued income | 490/1 | - | €439 | +€439 | |
| Total equity and liabilities | 10/49 | €31,811 | €49,727 | +€17,916 | +56.3% |
| Equity | 10/15 | -€5,601 | -€23,496 | -€17,895 | -319.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,746 | -€35,639 | -€19,893 | -126.3% |
| Investment grants | 15 | €6,145 | €8,143 | +€1,997 | +32.5% |
| Amounts payable | 17/49 | €37,412 | €73,223 | +€35,812 | +95.7% |
| Amounts payable within one year | 42/48 | €37,412 | €73,223 | +€35,812 | +95.7% |
| Trade debts | 44 | €2,767 | €2,799 | +€32 | +1.2% |
| Suppliers | 440/4 | €2,767 | €2,799 | +€32 | +1.2% |
| Taxes, remuneration and social security | 45 | €52 | €31 | -€21 | -40.0% |
| Taxes | 450/3 | €52 | €31 | -€21 | -40.0% |
| Other amounts payable | 47/48 | €34,593 | €70,393 | +€35,800 | +103.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,233 | €9,141 | +€1,908 | +26.4% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | -€9,416 | -€12,171 | -€2,754 | -29.3% |
| Operating profit (loss) | 9901 | -€17,421 | -€21,711 | -€4,291 | -24.6% |
| Financial income | 75/76B | €1,828 | €1,944 | +€116 | +6.3% |
| Recurring financial income | 75 | €1,828 | €1,944 | +€116 | +6.3% |
| Financial charges | 65/66B | €154 | €125 | -€29 | -18.6% |
| Recurring financial charges | 65 | €154 | €125 | -€29 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,746 | -€19,893 | -€4,146 | -26.3% |
| Profit (loss) for the period | 9904 | -€15,746 | -€19,893 | -€4,146 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,746 | -€19,893 | -€4,146 | -26.3% |
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 7 October 2026 via checked.be.