DR GIO: 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.
DR GIO
Largest movements
- Cash +€28,996
up €28,996 (+166%), from €17,431 to €46,427
mainly Net result for the year (+€26,244) and Tax, wage and social debts (+€7,647)
- Deferred charges and accrued income +€3,847
up €3,847 (+2,517%), from €153 to €4,000
- Tangible fixed assets +€1,952
up €1,952 (+45.8%), from €4,266 to €6,218
- Reserves +€26,244
up €26,244 (+202%), from €12,974 to €39,218
- Tax, wage and social debts +€7,647
up €7,647 (+197%), from €3,875 to €11,522
- Accrued charges and deferred income +€900
new in 2025: €900
- Gross operating margin +€19,055
up €19,055 (+103%), from €18,512 to €37,567
- Taxes +€3,690
up €3,690 (+93.2%), from €3,958 to €7,647
- Other operating charges +€1,064
up €1,064 (+85.5%), from €1,244 to €2,307
- Depreciation +€983
up €983 (+419%), from €234 to €1,217
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 | €21,849 | €56,644 | +€34,795 | +159% |
| Fixed assets | 21/28 | €4,266 | €6,218 | +€1,952 | +45.8% |
| Tangible fixed assets | 22/27 | €4,266 | €6,218 | +€1,952 | +45.8% |
| Furniture and vehicles | 24 | €4,266 | €6,218 | +€1,952 | +45.8% |
| Current assets | 29/58 | €17,584 | €50,427 | +€32,843 | +187% |
| Cash at bank and in hand | 54/58 | €17,431 | €46,427 | +€28,996 | +166% |
| Deferred charges and accrued income | 490/1 | €153 | €4,000 | +€3,847 | +2,517% |
| Total equity and liabilities | 10/49 | €21,849 | €56,644 | +€34,795 | +159% |
| Equity | 10/15 | €17,974 | €44,218 | +€26,244 | +146% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,974 | €39,218 | +€26,244 | +202% |
| Distributable reserves | 133 | €12,974 | €39,218 | +€26,244 | +202% |
| Amounts payable | 17/49 | €3,875 | €12,426 | +€8,551 | +221% |
| Amounts payable within one year | 42/48 | €3,875 | €11,526 | +€7,651 | +197% |
| Trade debts | 44 | - | €4 | +€4 | |
| Suppliers | 440/4 | - | €4 | +€4 | |
| Taxes, remuneration and social security | 45 | €3,875 | €11,522 | +€7,647 | +197% |
| Taxes | 450/3 | €3,875 | €11,522 | +€7,647 | +197% |
| Accrued charges and deferred income | 492/3 | - | €900 | +€900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234 | €1,217 | +€983 | +419% |
| Other operating charges | 640/8 | €1,244 | €2,307 | +€1,064 | +85.5% |
| Gross operating margin | 9900 | €18,512 | €37,567 | +€19,055 | +103% |
| Operating profit (loss) | 9901 | €17,034 | €34,043 | +€17,009 | +99.8% |
| Financial charges | 65/66B | €102 | €152 | +€49 | +48.2% |
| Recurring financial charges | 65 | €102 | €152 | +€49 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | €16,932 | €33,891 | +€16,959 | +100% |
| Income taxes | 67/77 | €3,958 | €7,647 | +€3,690 | +93.2% |
| Profit (loss) for the period | 9904 | €12,974 | €26,244 | +€13,270 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €12,974 | €26,244 | +€13,270 | +102% |
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 13 October 2026 via checked.be.