GILLY CONSTRUCTIONS: 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.
GILLY CONSTRUCTIONS
Largest movements
- Receivables after one year -€152,565
no longer reported in 2025 (was €152,565)
- Receivables within one year -€43,364
down €43,364 (-22.2%), from €195,247 to €151,883
- Other debts -€410,080
down €410,080 (-98.9%), from €414,565 to €4,486
- Reserves +€116,874
up €116,874 (+9424.3%), from €1,240 to €118,114
of which Distributable reserves: +€116,874
- Profit (loss) carried forward +€87,357
no longer reported in 2025 (was -€87,357)
- Tax, wage and social debts +€9,859
new in 2025: €9,859
- Gross operating margin +€215,915
up €215,915, from -€1,769 to €214,146
- Taxes +€9,859
new in 2025: €9,859
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 | €347,894 | €151,996 | -€195,898 | -56.3% |
| Current assets | 29/58 | €347,894 | €151,996 | -€195,898 | -56.3% |
| Amounts receivable after more than one year | 29 | €152,565 | - | -€152,565 | |
| Trade receivables | 290 | €152,565 | - | -€152,565 | |
| Amounts receivable within one year | 40/41 | €195,247 | €151,883 | -€43,364 | -22.2% |
| Trade receivables | 40 | €195,247 | €151,883 | -€43,364 | -22.2% |
| Cash at bank and in hand | 54/58 | €81 | €113 | +€32 | +39.5% |
| Total equity and liabilities | 10/49 | €347,894 | €151,996 | -€195,898 | -56.3% |
| Equity | 10/15 | -€67,366 | €136,864 | +€204,230 | |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,240 | €118,114 | +€116,874 | +9424.3% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | - | €116,874 | +€116,874 | |
| Profit (loss) carried forward | 14 | -€87,357 | - | +€87,357 | |
| Amounts payable | 17/49 | €415,260 | €15,132 | -€400,128 | -96.4% |
| Amounts payable within one year | 42/48 | €415,260 | €15,132 | -€400,128 | -96.4% |
| Financial debts | 43 | €11 | - | -€11 | |
| Credit institutions | 430/8 | €11 | - | -€11 | |
| Trade debts | 44 | €683 | €787 | +€104 | +15.2% |
| Suppliers | 440/4 | €683 | €787 | +€104 | +15.2% |
| Taxes, remuneration and social security | 45 | - | €9,859 | +€9,859 | |
| Taxes | 450/3 | - | €9,859 | +€9,859 | |
| Other amounts payable | 47/48 | €414,565 | €4,486 | -€410,080 | -98.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,915 | - | -€1,915 | |
| Gross operating margin | 9900 | -€1,769 | €214,146 | +€215,915 | |
| Operating profit (loss) | 9901 | -€3,684 | €214,146 | +€217,830 | |
| Financial charges | 65/66B | €734 | €57 | -€677 | -92.3% |
| Recurring financial charges | 65 | €734 | €57 | -€677 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,418 | €214,090 | +€218,508 | |
| Income taxes | 67/77 | - | €9,859 | +€9,859 | |
| Profit (loss) for the period | 9904 | -€4,418 | €204,230 | +€208,648 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,418 | €204,230 | +€208,648 |
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 29 September 2026 via checked.be.