GULLIVER ORGANISATION: 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.
GULLIVER ORGANISATION
Largest movements
- Receivables within one year -€7,643
down €7,643 (-69.6%), from €10,978 to €3,334
of which Trade receivables: -€7,656
- Cash +€3,445
up €3,445 (+4.2%), from €81,913 to €85,358
mainly Net result for the year (+€10,857) and Other debts (+€9,994)
- Trade debts -€20,841
down €20,841 (-45.9%), from €45,417 to €24,575
- Reserves +€10,857
up €10,857 (+16.2%), from €67,178 to €78,035
of which Distributable reserves: +€10,857
- Debts after one year -€10,000
no longer reported in 2025 (was €10,000)
- Other debts +€9,994
new in 2025: €9,994
- Tax, wage and social debts +€5,791
up €5,791 (+281%), from €2,060 to €7,852
of which Taxes: +€4,291
- Gross operating margin +€8,866
up €8,866 (+124%), from €7,158 to €16,025
- Taxes +€3,465
up €3,465 (+772%), from €449 to €3,914
- Depreciation -€2,433
no longer reported in 2025 (was €2,433)
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 | €143,255 | €139,056 | -€4,198 | -2.9% |
| Fixed assets | 21/28 | €350 | €350 | = | 0.0% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €142,905 | €138,706 | -€4,198 | -2.9% |
| Amounts receivable within one year | 40/41 | €10,978 | €3,334 | -€7,643 | -69.6% |
| Trade receivables | 40 | €10,978 | €3,321 | -€7,656 | -69.7% |
| Other amounts receivable | 41 | - | €13 | +€13 | |
| Current investments | 50/53 | €50,014 | €50,014 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €81,913 | €85,358 | +€3,445 | +4.2% |
| Total equity and liabilities | 10/49 | €143,255 | €139,056 | -€4,198 | -2.9% |
| Equity | 10/15 | €85,778 | €96,635 | +€10,857 | +12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,178 | €78,035 | +€10,857 | +16.2% |
| Tax-exempt reserves | 132 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €49,678 | €60,535 | +€10,857 | +21.9% |
| Amounts payable | 17/49 | €57,477 | €42,421 | -€15,056 | -26.2% |
| Amounts payable after more than one year | 17 | €10,000 | - | -€10,000 | |
| Financial debts | 170/4 | €10,000 | - | -€10,000 | |
| Amounts payable within one year | 42/48 | €47,477 | €42,421 | -€5,056 | -10.6% |
| Trade debts | 44 | €45,417 | €24,575 | -€20,841 | -45.9% |
| Suppliers | 440/4 | €45,417 | €24,575 | -€20,841 | -45.9% |
| Taxes, remuneration and social security | 45 | €2,060 | €7,852 | +€5,791 | +281% |
| Taxes | 450/3 | €1,060 | €5,352 | +€4,291 | +405% |
| Remuneration and social security | 454/9 | €1,000 | €2,500 | +€1,500 | +150% |
| Other amounts payable | 47/48 | - | €9,994 | +€9,994 | |
| Non-recurring operating income | 76A | €4,765 | €11,716 | +€6,951 | +146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,433 | - | -€2,433 | |
| Other operating charges | 640/8 | €670 | €682 | +€13 | +1.9% |
| Gross operating margin | 9900 | €7,158 | €16,025 | +€8,866 | +124% |
| Operating profit (loss) | 9901 | €4,055 | €15,343 | +€11,287 | +278% |
| Financial income | 75/76B | €3 | €6 | +€3 | +122% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +122% |
| Financial charges | 65/66B | €591 | €577 | -€14 | -2.3% |
| Recurring financial charges | 65 | €591 | €577 | -€14 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €3,467 | €14,771 | +€11,304 | +326% |
| Income taxes | 67/77 | €449 | €3,914 | +€3,465 | +772% |
| Profit (loss) for the period | 9904 | €3,018 | €10,857 | +€7,839 | +260% |
| Profit (loss) for the period to be appropriated | 9905 | €3,018 | €10,857 | +€7,839 | +260% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.