GILL: 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.
What changed
GILL
NACE 73.300, Public relations and communication consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€17,093
2024 · €34,870-€17,777
Equity
-€305,018
2024 · -€322,111+€17,093
Cash
€5,916
2024 · €2,536+€3,380
Balance sheet total
€1.0m
2024 · €1.0m-€27,187
Largest movements
Assets
- Tangible fixed assets -€39,551
down €39,551 (-4.3%), from €929,566 to €890,015
of which Land and buildings: -€36,040
Equity and liabilities
- Debts after one year -€48,672
down €48,672 (-3.8%), from €1.3m to €1.2m
of which Other amounts payable: -€31,403
- Profit (loss) carried forward +€20,678
up €20,678 (+4.1%), from -€506,808 to -€486,130
Income statement
- Gross operating margin -€12,103
down €12,103 (-15.2%), from €79,643 to €67,540
- Depreciation +€5,116
up €5,116 (+13.2%), from €38,891 to €44,007
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.
Result 2024
€34,870
Gross operating margin
-€12,103
Depreciation
-€5,116
Other operating charges
-€448
Financial income
-€0
Financial charges
+€201
Taxes
-€312
Result 2025
€17,093
raises the resultlowers the result
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.
From operations
+€56,307
Investment
-€4,456
Financing
-€48,472
Cash 2024
€2,536
From operations (derived)
+€56,307
Net result for the year
+€17,093
Depreciation
+€44,007
Receivables within one year
-€8,498
Deferred charges and accrued income
-€486
Provisions
-€1,846
Trade debts
-€72
Tax, wage and social debts
+€6,110
Investment (derived)
-€4,456
Investment in fixed assets (net)
-€4,456
Financing
-€48,472
Debts after one year
-€48,672
Current portion of long-term debt
+€201
Cash 2025
€5,916
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,027,950 | €1,000,763 | -€27,187 | -2.6% |
| Fixed assets | 21/28 | €929,566 | €890,015 | -€39,551 | -4.3% |
| Tangible fixed assets | 22/27 | €929,566 | €890,015 | -€39,551 | -4.3% |
| Land and buildings | 22 | €924,404 | €888,364 | -€36,040 | -3.9% |
| Plant, machinery and equipment | 23 | €1,500 | €1,243 | -€258 | -17.2% |
| Furniture and vehicles | 24 | €3,662 | €409 | -€3,253 | -88.8% |
| Current assets | 29/58 | €98,385 | €110,748 | +€12,363 | +12.6% |
| Amounts receivable within one year | 40/41 | €94,572 | €103,070 | +€8,498 | +9.0% |
| Trade receivables | 40 | €94,124 | €102,400 | +€8,276 | +8.8% |
| Other amounts receivable | 41 | €448 | €671 | +€222 | +49.5% |
| Cash at bank and in hand | 54/58 | €2,536 | €5,916 | +€3,380 | +133% |
| Deferred charges and accrued income | 490/1 | €1,276 | €1,762 | +€486 | +38.0% |
| Total equity and liabilities | 10/49 | €1,027,950 | €1,000,763 | -€27,187 | -2.6% |
| Equity | 10/15 | -€322,111 | -€305,018 | +€17,093 | +5.3% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €66,097 | €62,512 | -€3,585 | -5.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €64,237 | €60,652 | -€3,585 | -5.6% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€506,808 | -€486,130 | +€20,678 | +4.1% |
| Provisions and deferred taxes | 16 | €33,077 | €31,231 | -€1,846 | -5.6% |
| Deferred taxes | 168 | €33,077 | €31,231 | -€1,846 | -5.6% |
| Amounts payable | 17/49 | €1,316,983 | €1,274,549 | -€42,434 | -3.2% |
| Amounts payable after more than one year | 17 | €1,297,500 | €1,248,828 | -€48,672 | -3.8% |
| Financial debts | 170/4 | €117,495 | €100,225 | -€17,270 | -14.7% |
| Other amounts payable | 178/9 | €1,180,005 | €1,148,603 | -€31,403 | -2.7% |
| Amounts payable within one year | 42/48 | €19,483 | €25,721 | +€6,238 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €17,069 | €17,270 | +€201 | +1.2% |
| Trade debts | 44 | €1,318 | €1,246 | -€72 | -5.5% |
| Suppliers | 440/4 | €1,318 | €1,246 | -€72 | -5.5% |
| Taxes, remuneration and social security | 45 | €1,096 | €7,206 | +€6,110 | +557% |
| Taxes | 450/3 | €166 | €5,401 | +€5,235 | +3,149% |
| Remuneration and social security | 454/9 | €930 | €1,804 | +€874 | +94.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,891 | €44,007 | +€5,116 | +13.2% |
| Other operating charges | 640/8 | €5,984 | €6,432 | +€448 | +7.5% |
| Gross operating margin | 9900 | €79,643 | €67,540 | -€12,103 | -15.2% |
| Operating profit (loss) | 9901 | €34,768 | €17,102 | -€17,666 | -50.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,744 | €1,543 | -€201 | -11.5% |
| Recurring financial charges | 65 | €1,744 | €1,543 | -€201 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €33,024 | €15,559 | -€17,465 | -52.9% |
| Transfer from deferred taxes | 780 | €1,846 | €1,846 | = | 0.0% |
| Income taxes | 67/77 | €0 | €312 | +€312 | |
| Profit (loss) for the period | 9904 | €34,870 | €17,093 | -€17,777 | -51.0% |
| Transfer from tax-exempt reserves | 789 | €3,585 | €3,585 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,456 | €20,678 | -€17,777 | -46.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.