G.I.S.B.: 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.
G.I.S.B.
Largest movements
- Cash +€3,840
up €3,840 (+253%), from €1,515 to €5,355
mainly Tax, wage and social debts (+€3,111) and Depreciation (+€1,250)
- Tangible fixed assets -€697
down €697 (-51.1%), from €1,364 to €668
- Intangible fixed assets -€553
down €553 (-52.5%), from €1,054 to €500
- Receivables within one year +€538
new in 2025: €538
- Tax, wage and social debts +€3,111
up €3,111 (+76.3%), from €4,075 to €7,185
- Profit (loss) carried forward +€492
up €492 (+13.8%), from -€3,565 to -€3,073
- Trade debts -€376
down €376 (-21.3%), from €1,765 to €1,390
- Accrued charges and deferred income -€100
down €100 (-10.9%), from €918 to €818
- Gross operating margin +€4,058
up €4,058, from -€1,346 to €2,712
- Financial income +€140
up €140 (+770%), from €18 to €158
- Financial charges -€97
down €97 (-12.0%), from €810 to €713
- Other operating charges +€27
up €27 (+7.1%), from €387 to €415
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 | €4,693 | €7,821 | +€3,127 | +66.6% |
| Fixed assets | 21/28 | €3,178 | €1,928 | -€1,250 | -39.3% |
| Intangible fixed assets | 21 | €1,054 | €500 | -€553 | -52.5% |
| Tangible fixed assets | 22/27 | €1,364 | €668 | -€697 | -51.1% |
| Furniture and vehicles | 24 | €1,364 | €668 | -€697 | -51.1% |
| Financial fixed assets | 28 | €760 | €760 | = | 0.0% |
| Current assets | 29/58 | €1,515 | €5,893 | +€4,377 | +289% |
| Amounts receivable within one year | 40/41 | - | €538 | +€538 | |
| Trade receivables | 40 | - | €538 | +€538 | |
| Cash at bank and in hand | 54/58 | €1,515 | €5,355 | +€3,840 | +253% |
| Total equity and liabilities | 10/49 | €4,693 | €7,821 | +€3,127 | +66.6% |
| Equity | 10/15 | -€2,065 | -€1,573 | +€492 | +23.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,565 | -€3,073 | +€492 | +13.8% |
| Amounts payable | 17/49 | €6,758 | €9,393 | +€2,635 | +39.0% |
| Amounts payable within one year | 42/48 | €5,840 | €8,575 | +€2,735 | +46.8% |
| Trade debts | 44 | €1,765 | €1,390 | -€376 | -21.3% |
| Suppliers | 440/4 | €1,765 | €1,390 | -€376 | -21.3% |
| Taxes, remuneration and social security | 45 | €4,075 | €7,185 | +€3,111 | +76.3% |
| Taxes | 450/3 | €4,075 | €7,185 | +€3,111 | +76.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €918 | €818 | -€100 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,238 | €1,250 | +€12 | +1.0% |
| Other operating charges | 640/8 | €387 | €415 | +€27 | +7.1% |
| Gross operating margin | 9900 | -€1,346 | €2,712 | +€4,058 | |
| Operating profit (loss) | 9901 | -€2,971 | €1,048 | +€4,019 | |
| Financial income | 75/76B | €18 | €158 | +€140 | +770% |
| Recurring financial income | 75 | €18 | €158 | +€140 | +770% |
| Financial charges | 65/66B | €810 | €713 | -€97 | -12.0% |
| Recurring financial charges | 65 | €810 | €713 | -€97 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,763 | €492 | +€4,255 | |
| Income taxes | 67/77 | €15 | €0 | -€15 | -100% |
| Profit (loss) for the period | 9904 | -€3,778 | €492 | +€4,271 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,778 | €492 | +€4,271 |
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 1 November 2026 via checked.be.