GILTERS: 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.
GILTERS
Largest movements
- Stocks and contracts -€112,288
down €112,288 (-100.0%), from €112,288 to €0
- Cash +€14,691
up €14,691 (+977.7%), from €1,503 to €16,194
mainly Stocks and contracts (+€112,288) and Net result for the year (+€4,004)
- Receivables within one year +€3,633
up €3,633 (+39.1%), from €9,290 to €12,924
of which Other amounts receivable: +€3,633
- Other debts -€91,522
down €91,522 (-81.8%), from €111,869 to €20,347
- Debts after one year -€5,244
down €5,244 (-61.2%), from €8,571 to €3,327
- Profit (loss) carried forward +€4,004
up €4,004 (+39.5%), from -€10,129 to -€6,124
- Short-term financial debts -€2,216
down €2,216 (-100.0%), from €2,216 to €0
- Trade debts +€1,328
up €1,328 (+61.0%), from €2,179 to €3,507
- Gross operating margin +€7,013
up €7,013, from -€1,818 to €5,196
- Other operating charges +€604
up €604, from €0 to €604
- Financial charges -€310
down €310 (-34.5%), from €897 to €587
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,081 | €29,118 | -€93,964 | -76.3% |
| Current assets | 29/58 | €123,081 | €29,118 | -€93,964 | -76.3% |
| Stocks and contracts in progress | 3 | €112,288 | €0 | -€112,288 | -100.0% |
| Stocks | 30/36 | €112,288 | €0 | -€112,288 | -100.0% |
| Amounts receivable within one year | 40/41 | €9,290 | €12,924 | +€3,633 | +39.1% |
| Trade receivables | 40 | €321 | €321 | = | 0.0% |
| Other amounts receivable | 41 | €8,970 | €12,603 | +€3,633 | +40.5% |
| Cash at bank and in hand | 54/58 | €1,503 | €16,194 | +€14,691 | +977.7% |
| Total equity and liabilities | 10/49 | €123,081 | €29,118 | -€93,964 | -76.3% |
| Equity | 10/15 | -€2,069 | €1,936 | +€4,004 | |
| 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 | -€10,129 | -€6,124 | +€4,004 | +39.5% |
| Amounts payable | 17/49 | €125,150 | €27,182 | -€97,968 | -78.3% |
| Amounts payable after more than one year | 17 | €8,571 | €3,327 | -€5,244 | -61.2% |
| Other amounts payable | 178/9 | €8,571 | €3,327 | -€5,244 | -61.2% |
| Amounts payable within one year | 42/48 | €116,579 | €23,854 | -€92,725 | -79.5% |
| Financial debts | 43 | €2,216 | €0 | -€2,216 | -100.0% |
| Credit institutions | 430/8 | €2,216 | €0 | -€2,216 | -100.0% |
| Trade debts | 44 | €2,179 | €3,507 | +€1,328 | +61.0% |
| Suppliers | 440/4 | €2,179 | €3,507 | +€1,328 | +61.0% |
| Taxes, remuneration and social security | 45 | €316 | €0 | -€316 | -100.0% |
| Taxes | 450/3 | €316 | €0 | -€316 | -100.0% |
| Other amounts payable | 47/48 | €111,869 | €20,347 | -€91,522 | -81.8% |
| Other operating charges | 640/8 | €0 | €604 | +€604 | |
| Gross operating margin | 9900 | -€1,818 | €5,196 | +€7,013 | |
| Operating profit (loss) | 9901 | -€1,818 | €4,591 | +€6,409 | |
| Financial charges | 65/66B | €897 | €587 | -€310 | -34.5% |
| Recurring financial charges | 65 | €897 | €587 | -€310 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,714 | €4,004 | +€6,718 | |
| Profit (loss) for the period | 9904 | -€2,714 | €4,004 | +€6,718 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,714 | €4,004 | +€6,718 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.