GARIAN: 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.
GARIAN
Largest movements
- Cash +€1,702
up €1,702 (+360.6%), from €472 to €2,174
mainly Other debts (+€3,200) and Depreciation (+€73)
- Financial fixed assets +€1,500
new in 2025: €1,500
- Other debts +€3,200
up €3,200 (+37.3%), from €8,574 to €11,774
- Financial charges -€3,357
down €3,357 (-96.4%), from €3,482 to €125
- Gross operating margin +€1,678
up €1,678, from -€1,148 to €529
- Other operating charges +€399
new in 2025: €399
- Depreciation -€21
down €21 (-22.7%), from €94 to €73
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 | €26,296 | €29,429 | +€3,133 | +11.9% |
| Fixed assets | 21/28 | €73 | €1,500 | +€1,427 | +1967.0% |
| Tangible fixed assets | 22/27 | €73 | €0 | -€73 | -100.0% |
| Furniture and vehicles | 24 | €73 | €0 | -€73 | -100.0% |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €26,223 | €27,929 | +€1,706 | +6.5% |
| Stocks and contracts in progress | 3 | €25,689 | €25,689 | = | 0.0% |
| Stocks | 30/36 | €25,689 | €25,689 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €472 | €2,174 | +€1,702 | +360.6% |
| Deferred charges and accrued income | 490/1 | €62 | €66 | +€4 | +5.7% |
| Total equity and liabilities | 10/49 | €26,296 | €29,429 | +€3,133 | +11.9% |
| Equity | 10/15 | -€7,279 | -€7,346 | -€67 | -0.9% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,779 | -€10,846 | -€67 | -0.6% |
| Amounts payable | 17/49 | €33,574 | €36,774 | +€3,200 | +9.5% |
| Amounts payable within one year | 42/48 | €33,574 | €36,774 | +€3,200 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €25,000 | = | 0.0% |
| Other amounts payable | 47/48 | €8,574 | €11,774 | +€3,200 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94 | €73 | -€21 | -22.7% |
| Other operating charges | 640/8 | - | €399 | +€399 | |
| Gross operating margin | 9900 | -€1,148 | €529 | +€1,678 | |
| Operating profit (loss) | 9901 | -€1,242 | €58 | +€1,300 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,482 | €125 | -€3,357 | -96.4% |
| Recurring financial charges | 65 | €3,482 | €125 | -€3,357 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,724 | -€67 | +€4,657 | +98.6% |
| Profit (loss) for the period | 9904 | -€4,724 | -€67 | +€4,657 | +98.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,724 | -€67 | +€4,657 | +98.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.