GANIYY: what changed
Two fiscal 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.
GANIYY
Largest movements
- Tangible fixed assets +€163,770
new in 2025: €163,770
of which Plant, machinery and equipment: +€96,171
- Stocks and contracts +€67,679
new in 2025: €67,679
- Intangible fixed assets +€51,621
new in 2025: €51,621
- Receivables within one year -€33,145
down €33,145 (-42.9%), from €77,244 to €44,099
of which Trade receivables: -€68,104
- Cash -€26,458
down €26,458 (-44.0%), from €60,114 to €33,656
mainly Investment in fixed assets (net) (-€223,503) and Stocks and contracts (-€67,679)
- Debts after one year +€113,095
new in 2025: €113,095
- Trade debts +€75,912
up €75,912 (+95.2%), from €79,779 to €155,692
- Current portion of long-term debt +€19,546
new in 2025: €19,546
- Tax, wage and social debts +€8,677
new in 2025: €8,677
- Accrued charges and deferred income +€8,342
new in 2025: €8,342
- Gross operating margin +€72,450
up €72,450, from -€11,329 to €61,120
- Staff costs +€64,250
new in 2025: €64,250
- Financial income +€23,135
new in 2025: €23,135
- Financial charges +€11,156
up €11,156 (+651.7%), from €1,712 to €12,868
- Depreciation +€8,112
new in 2025: €8,112
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.
Cash bridge derived
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 | €146,738 | €370,496 | +€223,758 | +152.5% |
| Fixed assets | 21/28 | - | €215,390 | +€215,390 | |
| Intangible fixed assets | 21 | - | €51,621 | +€51,621 | |
| Tangible fixed assets | 22/27 | - | €163,770 | +€163,770 | |
| Plant, machinery and equipment | 23 | - | €96,171 | +€96,171 | |
| Furniture and vehicles | 24 | - | €67,599 | +€67,599 | |
| Current assets | 29/58 | €146,738 | €155,106 | +€8,368 | +5.7% |
| Stocks and contracts in progress | 3 | - | €67,679 | +€67,679 | |
| Stocks | 30/36 | - | €67,679 | +€67,679 | |
| Amounts receivable within one year | 40/41 | €77,244 | €44,099 | -€33,145 | -42.9% |
| Trade receivables | 40 | €68,639 | €535 | -€68,104 | -99.2% |
| Other amounts receivable | 41 | €8,605 | €43,564 | +€34,959 | +406.3% |
| Cash at bank and in hand | 54/58 | €60,114 | €33,656 | -€26,458 | -44.0% |
| Deferred charges and accrued income | 490/1 | €9,380 | €9,671 | +€291 | +3.1% |
| Total equity and liabilities | 10/49 | €146,738 | €370,496 | +€223,758 | +152.5% |
| Equity | 10/15 | €66,959 | €65,144 | -€1,815 | -2.7% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,041 | -€14,856 | -€1,815 | -13.9% |
| Amounts payable | 17/49 | €79,779 | €305,351 | +€225,572 | +282.7% |
| Amounts payable after more than one year | 17 | - | €113,095 | +€113,095 | |
| Financial debts | 170/4 | - | €113,095 | +€113,095 | |
| Amounts payable within one year | 42/48 | €79,779 | €183,915 | +€104,135 | +130.5% |
| Current portion of amounts payable after more than one year | 42 | - | €19,546 | +€19,546 | |
| Trade debts | 44 | €79,779 | €155,692 | +€75,912 | +95.2% |
| Suppliers | 440/4 | €79,779 | €155,692 | +€75,912 | +95.2% |
| Taxes, remuneration and social security | 45 | - | €8,677 | +€8,677 | |
| Remuneration and social security | 454/9 | - | €8,677 | +€8,677 | |
| Accrued charges and deferred income | 492/3 | - | €8,342 | +€8,342 | |
| Remuneration, social security and pensions | 62 | - | €64,250 | +€64,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,112 | +€8,112 | |
| Other operating charges | 640/8 | - | €840 | +€840 | |
| Gross operating margin | 9900 | -€11,329 | €61,120 | +€72,450 | |
| Operating profit (loss) | 9901 | -€11,329 | -€12,082 | -€752 | -6.6% |
| Financial income | 75/76B | - | €23,135 | +€23,135 | |
| Recurring financial income | 75 | - | €23,135 | +€23,135 | |
| Financial charges | 65/66B | €1,712 | €12,868 | +€11,156 | +651.7% |
| Recurring financial charges | 65 | €1,712 | €12,868 | +€11,156 | +651.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,041 | -€1,815 | +€11,227 | +86.1% |
| Profit (loss) for the period | 9904 | -€13,041 | -€1,815 | +€11,227 | +86.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,041 | -€1,815 | +€11,227 | +86.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.