GUILLIAMS: 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.
GUILLIAMS
Largest movements
- Receivables within one year +€462,747
up €462,747 (+178%), from €260,432 to €723,179
of which Other amounts receivable: +€411,588
- Cash -€365,130
down €365,130 (-93.4%), from €391,097 to €25,967
mainly Receivables within one year (-€462,747) and Debts after one year (-€240,000)
- Tangible fixed assets -€22,130
down €22,130 (-13.7%), from €161,607 to €139,476
of which Land and buildings: -€17,218
- Deferred charges and accrued income +€19,505
up €19,505 (+215%), from €9,060 to €28,565
- Other debts +€299,978
up €299,978 (+667%), from €44,945 to €344,924
- Debts after one year -€240,000
down €240,000 (-100%), from €240,000 to €0
- Advances received +€102,000
new in 2024: €102,000
- Trade debts -€48,969
down €48,969 (-27.6%), from €177,711 to €128,742
- Profit (loss) carried forward -€31,152
down €31,152, from €27,745 to -€3,406
- Financial income +€13,849
up €13,849 (+236%), from €5,875 to €19,724
- Financial charges +€9,835
up €9,835 (+61.4%), from €16,006 to €25,841
- Gross operating margin +€1,306
up €1,306 (+42.4%), from €3,081 to €4,387
- Taxes -€486
down €486 (-100%), from €486 to €0
- Depreciation -€478
down €478 (-2.1%), from €22,609 to €22,130
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.
Derived cash bridge
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 | €822,195 | €917,187 | +€94,992 | +11.6% |
| Fixed assets | 21/28 | €161,607 | €139,476 | -€22,130 | -13.7% |
| Tangible fixed assets | 22/27 | €161,607 | €139,476 | -€22,130 | -13.7% |
| Land and buildings | 22 | €140,798 | €123,580 | -€17,218 | -12.2% |
| Plant, machinery and equipment | 23 | €20,809 | €15,896 | -€4,912 | -23.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €660,588 | €777,710 | +€117,122 | +17.7% |
| Amounts receivable within one year | 40/41 | €260,432 | €723,179 | +€462,747 | +178% |
| Trade receivables | 40 | €150,539 | €201,698 | +€51,159 | +34.0% |
| Other amounts receivable | 41 | €109,893 | €521,481 | +€411,588 | +375% |
| Cash at bank and in hand | 54/58 | €391,097 | €25,967 | -€365,130 | -93.4% |
| Deferred charges and accrued income | 490/1 | €9,060 | €28,565 | +€19,505 | +215% |
| Total equity and liabilities | 10/49 | €822,195 | €917,187 | +€94,992 | +11.6% |
| Equity | 10/15 | €318,565 | €287,414 | -€31,152 | -9.8% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €245,820 | €245,820 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | €241,320 | €241,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,745 | -€3,406 | -€31,152 | |
| Amounts payable | 17/49 | €503,630 | €629,773 | +€126,143 | +25.0% |
| Amounts payable after more than one year | 17 | €240,000 | €0 | -€240,000 | -100% |
| Financial debts | 170/4 | €240,000 | €0 | -€240,000 | -100% |
| Amounts payable within one year | 42/48 | €237,225 | €577,624 | +€340,400 | +143% |
| Trade debts | 44 | €177,711 | €128,742 | -€48,969 | -27.6% |
| Suppliers | 440/4 | €177,711 | €128,742 | -€48,969 | -27.6% |
| Advances received on contracts in progress | 46 | - | €102,000 | +€102,000 | |
| Taxes, remuneration and social security | 45 | €14,568 | €1,959 | -€12,609 | -86.6% |
| Taxes | 450/3 | €14,568 | €1,959 | -€12,609 | -86.6% |
| Other amounts payable | 47/48 | €44,945 | €344,924 | +€299,978 | +667% |
| Accrued charges and deferred income | 492/3 | €26,405 | €52,149 | +€25,744 | +97.5% |
| Non-recurring operating income | 76A | - | €12,000 | +€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,609 | €22,130 | -€478 | -2.1% |
| Other operating charges | 640/8 | €6,859 | €7,291 | +€432 | +6.3% |
| Gross operating margin | 9900 | €3,081 | €4,387 | +€1,306 | +42.4% |
| Operating profit (loss) | 9901 | -€26,386 | -€25,034 | +€1,352 | +5.1% |
| Financial income | 75/76B | €5,875 | €19,724 | +€13,849 | +236% |
| Recurring financial income | 75 | €5,875 | €19,724 | +€13,849 | +236% |
| Financial charges | 65/66B | €16,006 | €25,841 | +€9,835 | +61.4% |
| Recurring financial charges | 65 | €16,006 | €25,841 | +€9,835 | +61.4% |
| Profit (loss) for the period before taxes | 9903 | -€36,517 | -€31,152 | +€5,365 | +14.7% |
| Income taxes | 67/77 | €486 | €0 | -€486 | -100% |
| Profit (loss) for the period | 9904 | -€37,003 | -€31,152 | +€5,852 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,003 | -€31,152 | +€5,852 | +15.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.