GILMOUR: 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.
GILMOUR
Largest movements
- Cash +€5,340
up €5,340 (+136%), from €3,926 to €9,266
mainly Net result for the year (+€5,125) and Depreciation (+€3,629)
- Tangible fixed assets -€2,738
down €2,738 (-71.1%), from €3,851 to €1,112
- Receivables within one year +€1,450
up €1,450 (+82,400%), from €2 to €1,452
of which Trade receivables: +€1,452
- Profit (loss) carried forward +€5,125
up €5,125 (+12.4%), from -€41,181 to -€36,056
- Trade debts -€1,562
no longer reported in 2025 (was €1,562)
- Other debts +€998
new in 2025: €998
- Tax, wage and social debts -€509
down €509 (-26.3%), from €1,937 to €1,428
- Gross operating margin +€33,973
up €33,973, from -€24,851 to €9,122
- Financial income -€4,603
no longer reported in 2025 (was €4,603)
of which Financial income: -€4,603
- Other operating charges -€2,883
down €2,883 (-92.2%), from €3,127 to €243
- Depreciation -€1,901
down €1,901 (-34.4%), from €5,531 to €3,629
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.
Derived cash bridge
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 | €7,778 | €11,830 | +€4,052 | +52.1% |
| Fixed assets | 21/28 | €3,851 | €1,112 | -€2,738 | -71.1% |
| Tangible fixed assets | 22/27 | €3,851 | €1,112 | -€2,738 | -71.1% |
| Furniture and vehicles | 24 | €3,851 | €1,112 | -€2,738 | -71.1% |
| Current assets | 29/58 | €3,928 | €10,718 | +€6,790 | +173% |
| Amounts receivable within one year | 40/41 | €2 | €1,452 | +€1,450 | +82,400% |
| Trade receivables | 40 | - | €1,452 | +€1,452 | |
| Other amounts receivable | 41 | €2 | - | -€2 | |
| Cash at bank and in hand | 54/58 | €3,926 | €9,266 | +€5,340 | +136% |
| Total equity and liabilities | 10/49 | €7,778 | €11,830 | +€4,052 | +52.1% |
| Equity | 10/15 | €4,279 | €9,404 | +€5,125 | +120% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,860 | €26,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,181 | -€36,056 | +€5,125 | +12.4% |
| Amounts payable | 17/49 | €3,499 | €2,426 | -€1,073 | -30.7% |
| Amounts payable within one year | 42/48 | €3,499 | €2,426 | -€1,073 | -30.7% |
| Trade debts | 44 | €1,562 | - | -€1,562 | |
| Suppliers | 440/4 | €1,562 | - | -€1,562 | |
| Taxes, remuneration and social security | 45 | €1,937 | €1,428 | -€509 | -26.3% |
| Taxes | 450/3 | €1,937 | €1,428 | -€509 | -26.3% |
| Other amounts payable | 47/48 | - | €998 | +€998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,531 | €3,629 | -€1,901 | -34.4% |
| Other operating charges | 640/8 | €3,127 | €243 | -€2,883 | -92.2% |
| Gross operating margin | 9900 | -€24,851 | €9,122 | +€33,973 | |
| Operating profit (loss) | 9901 | -€33,508 | €5,250 | +€38,758 | |
| Financial income | 75/76B | €4,603 | - | -€4,603 | |
| Recurring financial income | 75 | €4,603 | - | -€4,603 | |
| Non-recurring financial income | 76B | €4,603 | - | -€4,603 | |
| Financial charges | 65/66B | €225 | €124 | -€101 | -44.7% |
| Recurring financial charges | 65 | €225 | €124 | -€101 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | -€29,130 | €5,125 | +€34,255 | |
| Profit (loss) for the period | 9904 | -€29,130 | €5,125 | +€34,255 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,130 | €5,125 | +€34,255 |
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 17 October 2026 via checked.be.