GARIL: 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.
GARIL
Largest movements
- Cash -€6,006
down €6,006 (-33.4%), from €18,007 to €12,000
mainly Net result for the year (-€8,049) and Stocks and contracts (-€3,840)
- Stocks and contracts +€3,840
up €3,840 (+2.7%), from €143,040 to €146,880
- Profit (loss) carried forward -€8,049
down €8,049 (-23.7%), from -€33,952 to -€42,001
- Trade debts +€6,578
up €6,578 (+3.8%), from €173,501 to €180,079
- Turnover -€12,715
down €12,715 (-14.8%), from €85,654 to €72,939
- Gross operating margin -€9,688
down €9,688, from €2,600 to -€7,088
- Purchases and services -€3,026
down €3,026 (-3.6%), from €83,054 to €80,028
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 | €163,098 | €161,628 | -€1,471 | -0.9% |
| Fixed assets | 21/28 | €942 | €823 | -€119 | -12.7% |
| Tangible fixed assets | 22/27 | €942 | €823 | -€119 | -12.7% |
| Other tangible fixed assets | 26 | €942 | €823 | -€119 | -12.7% |
| Current assets | 29/58 | €162,156 | €160,805 | -€1,351 | -0.8% |
| Stocks and contracts in progress | 3 | €143,040 | €146,880 | +€3,840 | +2.7% |
| Stocks | 30/36 | €143,040 | €146,880 | +€3,840 | +2.7% |
| Amounts receivable within one year | 40/41 | €1,110 | €1,925 | +€815 | +73.4% |
| Other amounts receivable | 41 | €1,110 | €1,925 | +€815 | +73.4% |
| Cash at bank and in hand | 54/58 | €18,007 | €12,000 | -€6,006 | -33.4% |
| Total equity and liabilities | 10/49 | €163,098 | €161,628 | -€1,471 | -0.9% |
| Equity | 10/15 | -€10,402 | -€18,451 | -€8,049 | -77.4% |
| Contributions | 10/11 | €23,550 | €23,550 | = | 0.0% |
| Capital | 10 | €23,550 | €23,550 | = | 0.0% |
| Issued capital | 100 | €23,550 | €23,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,952 | -€42,001 | -€8,049 | -23.7% |
| Amounts payable | 17/49 | €173,501 | €180,079 | +€6,578 | +3.8% |
| Amounts payable within one year | 42/48 | €173,501 | €180,079 | +€6,578 | +3.8% |
| Trade debts | 44 | €173,501 | €180,079 | +€6,578 | +3.8% |
| Suppliers | 440/4 | €173,501 | €180,079 | +€6,578 | +3.8% |
| Turnover | 70 | €85,654 | €72,939 | -€12,715 | -14.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €83,054 | €80,028 | -€3,026 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119 | €119 | = | 0.0% |
| Other operating charges | 640/8 | €439 | €842 | +€403 | +91.7% |
| Gross operating margin | 9900 | €2,600 | -€7,088 | -€9,688 | |
| Operating profit (loss) | 9901 | €2,042 | -€8,049 | -€10,091 | |
| Financial charges | 65/66B | €12 | - | -€12 | |
| Recurring financial charges | 65 | €12 | - | -€12 | |
| Profit (loss) for the period before taxes | 9903 | €2,029 | -€8,049 | -€10,079 | |
| Profit (loss) for the period | 9904 | €2,029 | -€8,049 | -€10,079 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,029 | -€8,049 | -€10,079 |
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 20 October 2026 via checked.be.