GORILLINI: 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.
GORILLINI
Largest movements
- Current investments -€3.4m
down €3.4m (-37.6%), from €9.0m to €5.6m
- Cash -€2.5m
down €2.5m (-54.9%), from €4.5m to €2.0m
mainly Net result for the year (-€4.8m) and Investment in fixed assets (net) (-€2.3m)
- Receivables within one year -€1.4m
down €1.4m (-48.0%), from €2.8m to €1.5m
of which Trade receivables: -€1.4m
- Intangible fixed assets +€1.2m
up €1.2m (+21.5%), from €5.5m to €6.7m
- Stocks and contracts +€574,095
new in 2025: €574,095
- Profit (loss) carried forward -€4.8m
down €4.8m (-78.8%), from -€6.1m to -€11.0m
- Accrued charges and deferred income -€740,589
down €740,589 (-16.6%), from €4.4m to €3.7m
- Staff costs +€616,617
up €616,617 (+15.8%), from €3.9m to €4.5m
- Depreciation +€386,641
up €386,641 (+53.4%), from €723,558 to €1.1m
- Gross operating margin +€328,316
up €328,316 (+61.0%), from €538,265 to €866,581
- Other operating charges -€240,809
down €240,809 (-99.9%), from €241,005 to €196
- Financial income -€91,950
down €91,950 (-39.5%), from €233,041 to €141,091
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 | €22,805,709 | €16,990,627 | -€5.8m | -25.5% |
| Fixed assets | 21/28 | €5,619,152 | €6,785,135 | +€1.2m | +20.8% |
| Intangible fixed assets | 21 | €5,513,675 | €6,698,591 | +€1.2m | +21.5% |
| Tangible fixed assets | 22/27 | €80,493 | €67,297 | -€13,197 | -16.4% |
| Plant, machinery and equipment | 23 | €22,816 | €12,671 | -€10,146 | -44.5% |
| Furniture and vehicles | 24 | €17,910 | €20,142 | +€2,232 | +12.5% |
| Other tangible fixed assets | 26 | €39,768 | €34,484 | -€5,283 | -13.3% |
| Financial fixed assets | 28 | €24,983 | €19,247 | -€5,736 | -23.0% |
| Current assets | 29/58 | €17,186,557 | €10,205,493 | -€7.0m | -40.6% |
| Stocks and contracts in progress | 3 | - | €574,095 | +€574,095 | |
| Contracts in progress | 37 | - | €574,095 | +€574,095 | |
| Amounts receivable within one year | 40/41 | €2,822,628 | €1,467,112 | -€1.4m | -48.0% |
| Trade receivables | 40 | €2,618,416 | €1,225,711 | -€1.4m | -53.2% |
| Other amounts receivable | 41 | €204,212 | €241,402 | +€37,190 | +18.2% |
| Current investments | 50/53 | €9,000,000 | €5,611,825 | -€3.4m | -37.6% |
| Cash at bank and in hand | 54/58 | €4,532,714 | €2,044,648 | -€2.5m | -54.9% |
| Deferred charges and accrued income | 490/1 | €831,215 | €507,812 | -€323,403 | -38.9% |
| Total equity and liabilities | 10/49 | €22,805,709 | €16,990,627 | -€5.8m | -25.5% |
| Equity | 10/15 | €16,859,613 | €12,028,746 | -€4.8m | -28.7% |
| Contributions | 10/11 | €22,992,538 | €22,992,538 | = | 0.0% |
| Capital | 10 | €22,992,538 | €22,992,538 | = | 0.0% |
| Issued capital | 100 | €22,992,538 | €22,992,538 | = | 0.0% |
| Reserves | 13 | €223 | €223 | = | 0.0% |
| Non-distributable reserves | 130/1 | €223 | €223 | = | 0.0% |
| Legal reserve | 130 | €223 | €223 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,133,148 | -€10,964,015 | -€4.8m | -78.8% |
| Amounts payable | 17/49 | €5,946,096 | €4,961,882 | -€984,215 | -16.6% |
| Amounts payable within one year | 42/48 | €1,497,409 | €1,253,784 | -€243,626 | -16.3% |
| Trade debts | 44 | €560,974 | €565,294 | +€4,320 | +0.8% |
| Suppliers | 440/4 | €560,974 | €565,294 | +€4,320 | +0.8% |
| Taxes, remuneration and social security | 45 | €409,668 | €363,987 | -€45,680 | -11.2% |
| Taxes | 450/3 | €47,250 | €7,220 | -€40,030 | -84.7% |
| Remuneration and social security | 454/9 | €362,418 | €356,767 | -€5,651 | -1.6% |
| Other amounts payable | 47/48 | €526,768 | €324,503 | -€202,265 | -38.4% |
| Accrued charges and deferred income | 492/3 | €4,448,687 | €3,708,098 | -€740,589 | -16.6% |
| Remuneration, social security and pensions | 62 | €3,902,173 | €4,518,790 | +€616,617 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €723,558 | €1,110,199 | +€386,641 | +53.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,640 | €0 | -€4,640 | -100.0% |
| Other operating charges | 640/8 | €241,005 | €196 | -€240,809 | -99.9% |
| Non-recurring operating charges | 66A | - | €57,727 | +€57,727 | |
| Gross operating margin | 9900 | €538,265 | €866,581 | +€328,316 | +61.0% |
| Operating profit (loss) | 9901 | -€4,333,112 | -€4,820,332 | -€487,220 | -11.2% |
| Financial income | 75/76B | €233,041 | €141,091 | -€91,950 | -39.5% |
| Recurring financial income | 75 | €233,041 | €141,091 | -€91,950 | -39.5% |
| Financial charges | 65/66B | €105,458 | €147,775 | +€42,317 | +40.1% |
| Recurring financial charges | 65 | €105,458 | €147,775 | +€42,317 | +40.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€4,205,529 | -€4,827,017 | -€621,487 | -14.8% |
| Income taxes | 67/77 | €369 | €3,851 | +€3,481 | +942.1% |
| Profit (loss) for the period | 9904 | -€4,205,899 | -€4,830,867 | -€624,968 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,205,899 | -€4,830,867 | -€624,968 | -14.9% |
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 7 October 2026 via checked.be.