IL GIGLIO: 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.
IL GIGLIO
Largest movements
- Stocks and contracts -€24,650
down €24,650 (-95.7%), from €25,746 to €1,096
- Receivables within one year +€9,135
up €9,135 (+51.3%), from €17,796 to €26,931
of which Other amounts receivable: +€9,154
- Cash -€7,138
down €7,138 (-55.0%), from €12,971 to €5,833
mainly Tax, wage and social debts (-€12,311) and Receivables within one year (-€9,135)
- Tangible fixed assets +€3,391
up €3,391 (+64.1%), from €5,287 to €8,678
of which Furniture and vehicles: +€8,678
- Tax, wage and social debts -€12,311
down €12,311 (-52.9%), from €23,259 to €10,948
of which Remuneration and social security: -€15,851
- Profit (loss) carried forward -€2,972
down €2,972 (-22.3%), from €13,347 to €10,375
- Trade debts -€2,399
down €2,399 (-53.4%), from €4,493 to €2,094
- Current portion of long-term debt -€1,969
down €1,969 (-60.5%), from €3,257 to €1,288
- Other debts +€1,513
new in 2024: €1,513
- Turnover -€263,816
no longer reported in 2024 (was €263,816)
- Purchases and services -€219,686
no longer reported in 2024 (was €219,686)
- Gross operating margin -€24,058
down €24,058 (-54.5%), from €44,129 to €20,071
- Staff costs -€17,623
down €17,623 (-91.8%), from €19,198 to €1,574
- Depreciation -€4,301
down €4,301 (-43.7%), from €9,849 to €5,548
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 | €64,080 | €44,817 | -€19,262 | -30.1% |
| Fixed assets | 21/28 | €7,567 | €10,958 | +€3,391 | +44.8% |
| Tangible fixed assets | 22/27 | €5,287 | €8,678 | +€3,391 | +64.1% |
| Plant, machinery and equipment | 23 | €5,287 | - | -€5,287 | |
| Furniture and vehicles | 24 | - | €8,678 | +€8,678 | |
| Financial fixed assets | 28 | €2,280 | €2,280 | = | 0.0% |
| Current assets | 29/58 | €56,512 | €33,859 | -€22,653 | -40.1% |
| Stocks and contracts in progress | 3 | €25,746 | €1,096 | -€24,650 | -95.7% |
| Stocks | 30/36 | €25,746 | €1,096 | -€24,650 | -95.7% |
| Amounts receivable within one year | 40/41 | €17,796 | €26,931 | +€9,135 | +51.3% |
| Trade receivables | 40 | €19 | - | -€19 | |
| Other amounts receivable | 41 | €17,777 | €26,931 | +€9,154 | +51.5% |
| Cash at bank and in hand | 54/58 | €12,971 | €5,833 | -€7,138 | -55.0% |
| Total equity and liabilities | 10/49 | €64,080 | €44,817 | -€19,262 | -30.1% |
| Equity | 10/15 | €31,947 | €28,975 | -€2,972 | -9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | €13,347 | €10,375 | -€2,972 | -22.3% |
| Amounts payable | 17/49 | €32,132 | €15,842 | -€16,290 | -50.7% |
| Amounts payable after more than one year | 17 | €1,123 | - | -€1,123 | |
| Financial debts | 170/4 | €1,123 | - | -€1,123 | |
| Amounts payable within one year | 42/48 | €31,009 | €15,842 | -€15,167 | -48.9% |
| Current portion of amounts payable after more than one year | 42 | €3,257 | €1,288 | -€1,969 | -60.5% |
| Trade debts | 44 | €4,493 | €2,094 | -€2,399 | -53.4% |
| Suppliers | 440/4 | €4,493 | €2,094 | -€2,399 | -53.4% |
| Taxes, remuneration and social security | 45 | €23,259 | €10,948 | -€12,311 | -52.9% |
| Taxes | 450/3 | €282 | €3,822 | +€3,540 | +1,258% |
| Remuneration and social security | 454/9 | €22,978 | €7,127 | -€15,851 | -69.0% |
| Other amounts payable | 47/48 | - | €1,513 | +€1,513 | |
| Turnover | 70 | €263,816 | - | -€263,816 | |
| Goods, raw materials, services and sundry goods | 60/61 | €219,686 | - | -€219,686 | |
| Remuneration, social security and pensions | 62 | €19,198 | €1,574 | -€17,623 | -91.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,849 | €5,548 | -€4,301 | -43.7% |
| Other operating charges | 640/8 | €4,818 | €4,594 | -€224 | -4.7% |
| Gross operating margin | 9900 | €44,129 | €20,071 | -€24,058 | -54.5% |
| Operating profit (loss) | 9901 | €10,264 | €8,355 | -€1,910 | -18.6% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Non-recurring financial income | 76B | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €858 | €2,787 | +€1,930 | +225% |
| Recurring financial charges | 65 | €190 | €1,295 | +€1,105 | +580% |
| Non-recurring financial charges | 66B | €667 | €1,492 | +€825 | +124% |
| Profit (loss) for the period before taxes | 9903 | €9,407 | €5,568 | -€3,839 | -40.8% |
| Income taxes | 67/77 | €3,429 | €3,540 | +€111 | +3.2% |
| Profit (loss) for the period | 9904 | €5,978 | €2,028 | -€3,951 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,978 | €2,028 | -€3,951 | -66.1% |
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.