VINCENT GILLIER: what changed
VINCENT GILLIER
Largest movements
- Receivables within one year +€61,024
up €61,024 (+187%), from €32,555 to €93,580
of which Trade receivables: +€38,706
- Tangible fixed assets -€27,392
down €27,392 (-13.4%), from €204,363 to €176,971
of which Furniture and vehicles: -€19,346
- Cash +€11,177
up €11,177 (+21.5%), from €52,001 to €63,178
mainly Trade debts (+€46,935) and Depreciation (+€30,498)
- Trade debts +€46,935
up €46,935 (+1,458%), from €3,220 to €50,154
- Reserves +€23,679
up €23,679 (+1,273%), from €1,860 to €25,539
of which Distributable reserves: +€23,679
- Other debts -€15,979
no longer reported in 2024 (was €15,979)
- Debts after one year -€13,619
down €13,619 (-15.2%), from €89,845 to €76,226
- Tax, wage and social debts +€5,049
up €5,049 (+11.6%), from €43,605 to €48,654
of which Taxes: +€5,595
- Other operating charges -€7,465
down €7,465 (-79.7%), from €9,361 to €1,896
- Gross operating margin -€6,989
down €6,989 (-5.6%), from €125,347 to €118,357
- Taxes +€5,317
up €5,317 (+36.1%), from €14,744 to €20,061
- Staff costs +€2,660
up €2,660 (+10.0%), from €26,620 to €29,280
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,263 | €337,053 | +€46,790 | +16.1% |
| Fixed assets | 21/28 | €204,512 | €177,120 | -€27,392 | -13.4% |
| Tangible fixed assets | 22/27 | €204,363 | €176,971 | -€27,392 | -13.4% |
| Land and buildings | 22 | €134,067 | €123,067 | -€10,999 | -8.2% |
| Plant, machinery and equipment | 23 | - | €2,953 | +€2,953 | |
| Furniture and vehicles | 24 | €70,297 | €50,950 | -€19,346 | -27.5% |
| Financial fixed assets | 28 | €148 | €148 | = | 0.0% |
| Current assets | 29/58 | €85,751 | €159,933 | +€74,182 | +86.5% |
| Amounts receivable within one year | 40/41 | €32,555 | €93,580 | +€61,024 | +187% |
| Trade receivables | 40 | €32,555 | €71,261 | +€38,706 | +119% |
| Other amounts receivable | 41 | - | €22,318 | +€22,318 | |
| Cash at bank and in hand | 54/58 | €52,001 | €63,178 | +€11,177 | +21.5% |
| Deferred charges and accrued income | 490/1 | €1,195 | €3,176 | +€1,980 | +166% |
| Total equity and liabilities | 10/49 | €290,263 | €337,053 | +€46,790 | +16.1% |
| Equity | 10/15 | €124,721 | €148,400 | +€23,679 | +19.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €25,539 | +€23,679 | +1,273% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €23,679 | +€23,679 | |
| Profit (loss) carried forward | 14 | €116,661 | €116,661 | = | 0.0% |
| Amounts payable | 17/49 | €165,542 | €188,653 | +€23,111 | +14.0% |
| Amounts payable after more than one year | 17 | €89,845 | €76,226 | -€13,619 | -15.2% |
| Financial debts | 170/4 | €89,845 | €76,226 | -€13,619 | -15.2% |
| Amounts payable within one year | 42/48 | €75,697 | €112,427 | +€36,730 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | €12,893 | €13,619 | +€726 | +5.6% |
| Trade debts | 44 | €3,220 | €50,154 | +€46,935 | +1,458% |
| Suppliers | 440/4 | €3,220 | €50,154 | +€46,935 | +1,458% |
| Taxes, remuneration and social security | 45 | €43,605 | €48,654 | +€5,049 | +11.6% |
| Taxes | 450/3 | €39,604 | €45,199 | +€5,595 | +14.1% |
| Remuneration and social security | 454/9 | €4,001 | €3,455 | -€546 | -13.7% |
| Other amounts payable | 47/48 | €15,979 | - | -€15,979 | |
| Remuneration, social security and pensions | 62 | €26,620 | €29,280 | +€2,660 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,593 | €30,498 | -€95 | -0.3% |
| Other operating charges | 640/8 | €9,361 | €1,896 | -€7,465 | -79.7% |
| Gross operating margin | 9900 | €125,347 | €118,357 | -€6,989 | -5.6% |
| Operating profit (loss) | 9901 | €58,773 | €56,684 | -€2,090 | -3.6% |
| Financial income | 75/76B | €27 | €93 | +€66 | +246% |
| Recurring financial income | 75 | €27 | €93 | +€66 | +246% |
| Financial charges | 65/66B | €13,657 | €13,037 | -€620 | -4.5% |
| Recurring financial charges | 65 | €3,105 | €2,627 | -€478 | -15.4% |
| Non-recurring financial charges | 66B | €10,552 | €10,410 | -€142 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €45,144 | €43,740 | -€1,404 | -3.1% |
| Income taxes | 67/77 | €14,744 | €20,061 | +€5,317 | +36.1% |
| Profit (loss) for the period | 9904 | €30,399 | €23,679 | -€6,720 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,399 | €23,679 | -€6,720 | -22.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.