GILLSON: 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.
GILLSON
Largest movements
- Receivables within one year +€93,599
up €93,599 (+102.8%), from €91,084 to €184,683
of which Other amounts receivable: +€75,099
- Tangible fixed assets +€20,240
up €20,240 (+119.9%), from €16,888 to €37,128
of which Furniture and vehicles: +€20,438
- Cash +€10,730
up €10,730 (+11.2%), from €95,411 to €106,140
mainly Net result for the year (+€148,382) and Other debts (+€132,657)
- Other debts +€132,657
up €132,657 (+780.9%), from €16,988 to €149,645
- Tax, wage and social debts +€11,500
up €11,500 (+76.0%), from €15,124 to €26,624
- Reserves -€10,237
down €10,237 (-3.2%), from €319,241 to €309,003
of which Distributable reserves: -€10,234
- Turnover +€139,000
new in 2025: €139,000
- Purchases and services +€116,590
new in 2025: €116,590
- Financial income +€82,602
up €82,602 (+117.9%), from €70,034 to €152,635
- Gross operating margin -€30,307
down €30,307 (-53.5%), from €56,668 to €26,362
- Taxes +€3,316
up €3,316 (+17.7%), from €18,711 to €22,027
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 | €655,225 | €780,246 | +€125,021 | +19.1% |
| Fixed assets | 21/28 | €296,068 | €316,308 | +€20,240 | +6.8% |
| Tangible fixed assets | 22/27 | €16,888 | €37,128 | +€20,240 | +119.9% |
| Plant, machinery and equipment | 23 | €538 | €448 | -€90 | -16.8% |
| Furniture and vehicles | 24 | €3,489 | €23,927 | +€20,438 | +585.8% |
| Other tangible fixed assets | 26 | €12,861 | €12,753 | -€107 | -0.8% |
| Financial fixed assets | 28 | €279,180 | €279,180 | = | 0.0% |
| Current assets | 29/58 | €359,157 | €463,939 | +€104,782 | +29.2% |
| Amounts receivable within one year | 40/41 | €91,084 | €184,683 | +€93,599 | +102.8% |
| Trade receivables | 40 | €12,100 | €30,600 | +€18,500 | +152.9% |
| Other amounts receivable | 41 | €78,984 | €154,083 | +€75,099 | +95.1% |
| Current investments | 50/53 | €168,281 | €168,614 | +€333 | +0.2% |
| Cash at bank and in hand | 54/58 | €95,411 | €106,140 | +€10,730 | +11.2% |
| Deferred charges and accrued income | 490/1 | €4,382 | €4,502 | +€120 | +2.7% |
| Total equity and liabilities | 10/49 | €655,225 | €780,246 | +€125,021 | +19.1% |
| Equity | 10/15 | €604,621 | €594,383 | -€10,237 | -1.7% |
| Contributions | 10/11 | €285,380 | €285,380 | = | 0.0% |
| Reserves | 13 | €319,241 | €309,003 | -€10,237 | -3.2% |
| Non-distributable reserves | 130/1 | €3 | €0 | -€3 | -100.0% |
| Reserves not available under the articles | 1311 | €3 | €0 | -€3 | -100.0% |
| Distributable reserves | 133 | €319,238 | €309,003 | -€10,234 | -3.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €50,605 | €185,863 | +€135,259 | +267.3% |
| Amounts payable after more than one year | 17 | €3,500 | €0 | -€3,500 | -100.0% |
| Financial debts | 170/4 | €3,500 | €0 | -€3,500 | -100.0% |
| Amounts payable within one year | 42/48 | €45,160 | €185,656 | +€140,496 | +311.1% |
| Current portion of amounts payable after more than one year | 42 | €8,400 | €3,500 | -€4,900 | -58.3% |
| Trade debts | 44 | €4,648 | €5,888 | +€1,240 | +26.7% |
| Suppliers | 440/4 | €4,648 | €5,888 | +€1,240 | +26.7% |
| Taxes, remuneration and social security | 45 | €15,124 | €26,624 | +€11,500 | +76.0% |
| Taxes | 450/3 | €15,124 | €26,624 | +€11,500 | +76.0% |
| Other amounts payable | 47/48 | €16,988 | €149,645 | +€132,657 | +780.9% |
| Accrued charges and deferred income | 492/3 | €1,945 | €207 | -€1,738 | -89.4% |
| Turnover | 70 | - | €139,000 | +€139,000 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €116,590 | +€116,590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,802 | €4,687 | +€2,885 | +160.1% |
| Other operating charges | 640/8 | €1,268 | €1,061 | -€208 | -16.4% |
| Gross operating margin | 9900 | €56,668 | €26,362 | -€30,307 | -53.5% |
| Operating profit (loss) | 9901 | €53,599 | €20,614 | -€32,984 | -61.5% |
| Financial income | 75/76B | €70,034 | €152,635 | +€82,602 | +117.9% |
| Recurring financial income | 75 | €70,034 | €152,635 | +€82,602 | +117.9% |
| Financial charges | 65/66B | -€244 | €2,841 | +€3,085 | |
| Recurring financial charges | 65 | -€244 | €2,841 | +€3,085 | |
| Profit (loss) for the period before taxes | 9903 | €123,877 | €170,409 | +€46,532 | +37.6% |
| Income taxes | 67/77 | €18,711 | €22,027 | +€3,316 | +17.7% |
| Profit (loss) for the period | 9904 | €105,166 | €148,382 | +€43,216 | +41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €105,166 | €148,382 | +€43,216 | +41.1% |
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 6 October 2026 via checked.be.