GILO-Design: 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.
GILO-Design
Largest movements
- Cash -€29,193
down €29,193 (-33.7%), from €86,646 to €57,453
mainly Receivables within one year (-€12,490) and Investment in fixed assets (net) (-€6,301)
- Receivables within one year +€12,490
up €12,490 (+132.1%), from €9,455 to €21,945
of which Other amounts receivable: +€10,845
- Tangible fixed assets +€5,304
up €5,304 (+127.1%), from €4,173 to €9,478
of which Plant, machinery and equipment: +€3,953
- Current investments +€3,000
up €3,000 (+42.9%), from €7,000 to €10,000
- Profit (loss) carried forward -€5,007
down €5,007, from €0 to -€5,007
- Tax, wage and social debts -€2,735
down €2,735 (-100.0%), from €2,735 to €0
- Other debts -€2,027
down €2,027 (-7.1%), from €28,360 to €26,333
- Gross operating margin -€39,426
down €39,426, from €32,730 to -€6,697
- Depreciation -€12,719
down €12,719 (-92.7%), from €13,716 to €997
- Taxes -€6,801
down €6,801 (-97.4%), from €6,983 to €181
- Financial income +€1,191
up €1,191 (+49.4%), from €2,411 to €3,601
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 | €181,580 | €173,181 | -€8,399 | -4.6% |
| Fixed assets | 21/28 | €4,173 | €9,478 | +€5,304 | +127.1% |
| Tangible fixed assets | 22/27 | €4,173 | €9,478 | +€5,304 | +127.1% |
| Plant, machinery and equipment | 23 | - | €3,953 | +€3,953 | |
| Furniture and vehicles | 24 | €4,173 | €5,525 | +€1,352 | +32.4% |
| Current assets | 29/58 | €177,407 | €163,703 | -€13,703 | -7.7% |
| Amounts receivable after more than one year | 29 | €74,306 | €74,306 | = | 0.0% |
| Other amounts receivable | 291 | €74,306 | €74,306 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,455 | €21,945 | +€12,490 | +132.1% |
| Trade receivables | 40 | €8,301 | €9,945 | +€1,644 | +19.8% |
| Other amounts receivable | 41 | €1,154 | €12,000 | +€10,845 | +939.8% |
| Current investments | 50/53 | €7,000 | €10,000 | +€3,000 | +42.9% |
| Cash at bank and in hand | 54/58 | €86,646 | €57,453 | -€29,193 | -33.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €181,580 | €173,181 | -€8,399 | -4.6% |
| Equity | 10/15 | €109,548 | €104,541 | -€5,007 | -4.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €97,148 | €97,148 | = | 0.0% |
| Distributable reserves | 133 | €97,148 | €97,148 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€5,007 | -€5,007 | |
| Provisions and deferred taxes | 16 | €37,352 | €37,352 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €37,352 | €37,352 | = | 0.0% |
| Pensions and similar obligations | 160 | €37,352 | €37,352 | = | 0.0% |
| Amounts payable | 17/49 | €34,680 | €31,288 | -€3,392 | -9.8% |
| Amounts payable within one year | 42/48 | €34,680 | €31,288 | -€3,392 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,585 | €4,955 | +€1,370 | +38.2% |
| Suppliers | 440/4 | €3,585 | €4,955 | +€1,370 | +38.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,735 | €0 | -€2,735 | -100.0% |
| Taxes | 450/3 | €2,735 | €0 | -€2,735 | -100.0% |
| Other amounts payable | 47/48 | €28,360 | €26,333 | -€2,027 | -7.1% |
| Non-recurring operating income | 76A | - | €9,000 | +€9,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,716 | €997 | -€12,719 | -92.7% |
| Other operating charges | 640/8 | €115 | €184 | +€69 | +60.0% |
| Gross operating margin | 9900 | €32,730 | -€6,697 | -€39,426 | |
| Operating profit (loss) | 9901 | €18,899 | -€7,877 | -€26,776 | |
| Financial income | 75/76B | €2,411 | €3,601 | +€1,191 | +49.4% |
| Recurring financial income | 75 | €2,411 | €3,601 | +€1,191 | +49.4% |
| Financial charges | 65/66B | €238 | €550 | +€312 | +131.4% |
| Recurring financial charges | 65 | €238 | €550 | +€312 | +131.4% |
| Profit (loss) for the period before taxes | 9903 | €21,072 | -€4,826 | -€25,898 | |
| Income taxes | 67/77 | €6,983 | €181 | -€6,801 | -97.4% |
| Profit (loss) for the period | 9904 | €14,089 | -€5,007 | -€19,096 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,089 | -€5,007 | -€19,096 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.