GILROE: 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.
GILROE
Largest movements
- Deferred charges and accrued income +€776
up €776, from €0 to €776
- Receivables within one year -€773
down €773 (-12.1%), from €6,392 to €5,619
of which Trade receivables: -€1,201
- Tangible fixed assets -€625
down €625 (-25.0%), from €2,500 to €1,875
- Debts after one year -€7,527
down €7,527 (-10.1%), from €74,773 to €67,246
- Other debts +€6,130
up €6,130 (+50.7%), from €12,098 to €18,228
- Trade debts +€2,350
up €2,350 (+59.5%), from €3,948 to €6,298
- Profit (loss) carried forward -€2,278
down €2,278 (-2.4%), from -€96,892 to -€99,170
- Current portion of long-term debt +€509
up €509 (+7.3%), from €7,018 to €7,527
- Gross operating margin -€1,849
down €1,849 (-23.9%), from €7,724 to €5,875
- Other operating charges +€489
up €489 (+54.8%), from €894 to €1,383
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 | €10,699 | €9,996 | -€704 | -6.6% |
| Fixed assets | 21/28 | €2,500 | €1,875 | -€625 | -25.0% |
| Tangible fixed assets | 22/27 | €2,500 | €1,875 | -€625 | -25.0% |
| Land and buildings | 22 | €2,500 | €1,875 | -€625 | -25.0% |
| Current assets | 29/58 | €8,199 | €8,121 | -€78 | -1.0% |
| Amounts receivable within one year | 40/41 | €6,392 | €5,619 | -€773 | -12.1% |
| Trade receivables | 40 | €5,894 | €4,693 | -€1,201 | -20.4% |
| Other amounts receivable | 41 | €498 | €926 | +€428 | +85.9% |
| Cash at bank and in hand | 54/58 | €1,807 | €1,725 | -€82 | -4.5% |
| Deferred charges and accrued income | 490/1 | €0 | €776 | +€776 | |
| Total equity and liabilities | 10/49 | €10,699 | €9,996 | -€704 | -6.6% |
| Equity | 10/15 | -€88,832 | -€91,110 | -€2,278 | -2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,892 | -€99,170 | -€2,278 | -2.4% |
| Amounts payable | 17/49 | €99,532 | €101,106 | +€1,574 | +1.6% |
| Amounts payable after more than one year | 17 | €74,773 | €67,246 | -€7,527 | -10.1% |
| Financial debts | 170/4 | €74,773 | €67,246 | -€7,527 | -10.1% |
| Amounts payable within one year | 42/48 | €24,584 | €33,829 | +€9,245 | +37.6% |
| Current portion of amounts payable after more than one year | 42 | €7,018 | €7,527 | +€509 | +7.3% |
| Trade debts | 44 | €3,948 | €6,298 | +€2,350 | +59.5% |
| Suppliers | 440/4 | €3,948 | €6,298 | +€2,350 | +59.5% |
| Advances received on contracts in progress | 46 | €1,200 | €1,200 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €320 | €577 | +€257 | +80.4% |
| Taxes | 450/3 | €320 | €577 | +€257 | +80.4% |
| Other amounts payable | 47/48 | €12,098 | €18,228 | +€6,130 | +50.7% |
| Accrued charges and deferred income | 492/3 | €175 | €31 | -€144 | -82.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €625 | €625 | -€0 | 0.0% |
| Other operating charges | 640/8 | €894 | €1,383 | +€489 | +54.8% |
| Gross operating margin | 9900 | €7,724 | €5,875 | -€1,849 | -23.9% |
| Operating profit (loss) | 9901 | €6,206 | €3,867 | -€2,339 | -37.7% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €6,128 | €6,155 | +€26 | +0.4% |
| Recurring financial charges | 65 | €6,128 | €6,155 | +€26 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €77 | -€2,278 | -€2,355 | |
| Profit (loss) for the period | 9904 | €77 | -€2,278 | -€2,355 | |
| Profit (loss) for the period to be appropriated | 9905 | €77 | -€2,278 | -€2,355 |
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 19 October 2026 via checked.be.