GELDHOF GIANNI: 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.
GELDHOF GIANNI
Largest movements
- Financial fixed assets +€550,000
up €550,000 (+333%), from €165,134 to €715,134
- Cash -€117,187
down €117,187 (-73.8%), from €158,709 to €41,522
mainly Investment in fixed assets (net) (-€550,000) and Net result for the year (-€5,345)
- Debts after one year +€387,032
new in 2025: €387,032
- Current portion of long-term debt +€49,084
up €49,084 (+538%), from €9,121 to €58,205
- Gross operating margin -€22,620
down €22,620 (-93.3%), from €24,248 to €1,629
- Depreciation -€15,511
down €15,511 (-95.2%), from €16,293 to €782
- Financial charges +€3,569
up €3,569 (+780%), from €458 to €4,027
- Taxes -€2,328
down €2,328 (-70.2%), from €3,315 to €986
- Financial income +€809
new in 2025: €809
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 | €364,695 | €793,860 | +€429,165 | +118% |
| Fixed assets | 21/28 | €167,635 | €716,853 | +€549,218 | +328% |
| Tangible fixed assets | 22/27 | €2,501 | €1,719 | -€782 | -31.3% |
| Furniture and vehicles | 24 | €2,501 | €1,719 | -€782 | -31.3% |
| Financial fixed assets | 28 | €165,134 | €715,134 | +€550,000 | +333% |
| Current assets | 29/58 | €197,060 | €77,008 | -€120,053 | -60.9% |
| Amounts receivable within one year | 40/41 | €36,829 | €34,061 | -€2,768 | -7.5% |
| Trade receivables | 40 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 41 | €6,829 | €34,061 | +€27,232 | +399% |
| Cash at bank and in hand | 54/58 | €158,709 | €41,522 | -€117,187 | -73.8% |
| Deferred charges and accrued income | 490/1 | €1,522 | €1,424 | -€97 | -6.4% |
| Total equity and liabilities | 10/49 | €364,695 | €793,860 | +€429,165 | +118% |
| Equity | 10/15 | €351,926 | €346,581 | -€5,345 | -1.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €304,731 | €304,731 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €302,731 | €302,731 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,195 | €21,850 | -€5,345 | -19.7% |
| Amounts payable | 17/49 | €12,769 | €447,279 | +€434,510 | +3,403% |
| Amounts payable after more than one year | 17 | - | €387,032 | +€387,032 | |
| Financial debts | 170/4 | - | €387,032 | +€387,032 | |
| Amounts payable within one year | 42/48 | €12,769 | €60,247 | +€47,478 | +372% |
| Current portion of amounts payable after more than one year | 42 | €9,121 | €58,205 | +€49,084 | +538% |
| Financial debts | 43 | €113 | - | -€113 | |
| Credit institutions | 430/8 | €113 | - | -€113 | |
| Taxes, remuneration and social security | 45 | €3,535 | €2,043 | -€1,493 | -42.2% |
| Taxes | 450/3 | €3,535 | €2,043 | -€1,493 | -42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,293 | €782 | -€15,511 | -95.2% |
| Other operating charges | 640/8 | €1,944 | €1,987 | +€43 | +2.2% |
| Gross operating margin | 9900 | €24,248 | €1,629 | -€22,620 | -93.3% |
| Operating profit (loss) | 9901 | €6,011 | -€1,141 | -€7,152 | |
| Financial income | 75/76B | - | €809 | +€809 | |
| Recurring financial income | 75 | - | €809 | +€809 | |
| Financial charges | 65/66B | €458 | €4,027 | +€3,569 | +780% |
| Recurring financial charges | 65 | €458 | €4,027 | +€3,569 | +780% |
| Profit (loss) for the period before taxes | 9903 | €5,554 | -€4,359 | -€9,912 | |
| Income taxes | 67/77 | €3,315 | €986 | -€2,328 | -70.2% |
| Profit (loss) for the period | 9904 | €2,239 | -€5,345 | -€7,584 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,239 | -€5,345 | -€7,584 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.