TOITURES GILSON: 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.
TOITURES GILSON
Largest movements
- Cash +€56,398
up €56,398 (+108%), from €52,174 to €108,572
mainly Net result for the year (+€57,705) and Tax, wage and social debts (+€15,837)
- Receivables within one year -€14,820
down €14,820 (-81.8%), from €18,115 to €3,295
of which Trade receivables: -€12,564
- Stocks and contracts -€7,000
down €7,000 (-66.7%), from €10,500 to €3,500
- Tax, wage and social debts +€15,837
up €15,837 (+64.0%), from €24,748 to €40,585
- Other debts +€10,082
up €10,082 (+22.4%), from €45,000 to €55,082
- Trade debts +€6,043
up €6,043 (+298%), from €2,030 to €8,073
- Profit (loss) carried forward +€2,705
up €2,705 (+77.3%), from €3,501 to €6,206
- Gross operating margin +€15,728
up €15,728 (+23.4%), from €67,283 to €83,011
- Taxes +€3,599
up €3,599 (+20.1%), from €17,948 to €21,547
- Depreciation +€1,144
up €1,144 (+28.7%), from €3,989 to €5,133
- Other operating charges +€1,063
up €1,063 (+502%), from €212 to €1,274
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 | €90,612 | €125,279 | +€34,667 | +38.3% |
| Fixed assets | 21/28 | €9,511 | €9,615 | +€104 | +1.1% |
| Tangible fixed assets | 22/27 | €9,511 | €9,615 | +€104 | +1.1% |
| Plant, machinery and equipment | 23 | €3,163 | €4,124 | +€961 | +30.4% |
| Furniture and vehicles | 24 | €6,347 | €5,491 | -€857 | -13.5% |
| Current assets | 29/58 | €81,102 | €115,665 | +€34,563 | +42.6% |
| Stocks and contracts in progress | 3 | €10,500 | €3,500 | -€7,000 | -66.7% |
| Stocks | 30/36 | €10,500 | €3,500 | -€7,000 | -66.7% |
| Amounts receivable within one year | 40/41 | €18,115 | €3,295 | -€14,820 | -81.8% |
| Trade receivables | 40 | €13,463 | €899 | -€12,564 | -93.3% |
| Other amounts receivable | 41 | €4,652 | €2,397 | -€2,256 | -48.5% |
| Cash at bank and in hand | 54/58 | €52,174 | €108,572 | +€56,398 | +108% |
| Deferred charges and accrued income | 490/1 | €313 | €297 | -€16 | -5.0% |
| Total equity and liabilities | 10/49 | €90,612 | €125,279 | +€34,667 | +38.3% |
| Equity | 10/15 | €18,834 | €21,539 | +€2,705 | +14.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €9,133 | €9,133 | = | 0.0% |
| Distributable reserves | 133 | €9,133 | €9,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,501 | €6,206 | +€2,705 | +77.3% |
| Amounts payable | 17/49 | €71,778 | €103,741 | +€31,962 | +44.5% |
| Amounts payable within one year | 42/48 | €71,778 | €103,741 | +€31,962 | +44.5% |
| Trade debts | 44 | €2,030 | €8,073 | +€6,043 | +298% |
| Suppliers | 440/4 | €2,030 | €8,073 | +€6,043 | +298% |
| Taxes, remuneration and social security | 45 | €24,748 | €40,585 | +€15,837 | +64.0% |
| Taxes | 450/3 | €24,748 | €40,585 | +€15,837 | +64.0% |
| Other amounts payable | 47/48 | €45,000 | €55,082 | +€10,082 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,989 | €5,133 | +€1,144 | +28.7% |
| Other operating charges | 640/8 | €212 | €1,274 | +€1,063 | +502% |
| Gross operating margin | 9900 | €67,283 | €83,011 | +€15,728 | +23.4% |
| Operating profit (loss) | 9901 | €63,082 | €76,604 | +€13,522 | +21.4% |
| Financial income | 75/76B | €2,461 | €2,786 | +€325 | +13.2% |
| Recurring financial income | 75 | €2,461 | €2,786 | +€325 | +13.2% |
| Financial charges | 65/66B | €109 | €138 | +€28 | +26.0% |
| Recurring financial charges | 65 | €109 | €138 | +€28 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €65,434 | €79,253 | +€13,818 | +21.1% |
| Income taxes | 67/77 | €17,948 | €21,547 | +€3,599 | +20.1% |
| Profit (loss) for the period | 9904 | €47,486 | €57,705 | +€10,219 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,486 | €57,705 | +€10,219 | +21.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.