ghyom: 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.
ghyom
Largest movements
- Receivables within one year +€56,600
new in 2025: €56,600
- Tangible fixed assets -€33,501
down €33,501 (-3.5%), from €961,531 to €928,029
- Cash +€14,785
up €14,785 (+30.6%), from €48,320 to €63,104
mainly Accrued charges and deferred income (+€56,689) and Depreciation (+€33,501)
- Accrued charges and deferred income +€56,689
up €56,689 (+1,656%), from €3,424 to €60,113
- Debts after one year -€35,162
down €35,162 (-3.9%), from €908,075 to €872,913
- Trade debts -€19,769
down €19,769 (-100%), from €19,769 to €0
- Profit (loss) carried forward +€16,874
up €16,874 (+57.7%), from -€29,236 to -€12,362
- Other debts +€15,098
up €15,098 (+79.7%), from €18,946 to €34,044
- Gross operating margin +€63,275
up €63,275 (+75.1%), from €84,301 to €147,576
- Other operating charges +€47,935
up €47,935 (+529%), from €9,065 to €57,000
- Financial charges -€20,734
down €20,734 (-34.0%), from €60,967 to €40,233
- Depreciation -€10,004
down €10,004 (-23.0%), from €43,506 to €33,501
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 | €1,012,439 | €1,047,734 | +€35,295 | +3.5% |
| Fixed assets | 21/28 | €961,531 | €928,029 | -€33,501 | -3.5% |
| Tangible fixed assets | 22/27 | €961,531 | €928,029 | -€33,501 | -3.5% |
| Land and buildings | 22 | €961,531 | €928,029 | -€33,501 | -3.5% |
| Current assets | 29/58 | €50,909 | €119,705 | +€68,796 | +135% |
| Amounts receivable within one year | 40/41 | - | €56,600 | +€56,600 | |
| Trade receivables | 40 | - | €56,600 | +€56,600 | |
| Cash at bank and in hand | 54/58 | €48,320 | €63,104 | +€14,785 | +30.6% |
| Deferred charges and accrued income | 490/1 | €2,589 | - | -€2,589 | |
| Total equity and liabilities | 10/49 | €1,012,439 | €1,047,734 | +€35,295 | +3.5% |
| Equity | 10/15 | €25,764 | €42,638 | +€16,874 | +65.5% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,236 | -€12,362 | +€16,874 | +57.7% |
| Amounts payable | 17/49 | €986,676 | €1,005,096 | +€18,421 | +1.9% |
| Amounts payable after more than one year | 17 | €908,075 | €872,913 | -€35,162 | -3.9% |
| Financial debts | 170/4 | €908,075 | €872,913 | -€35,162 | -3.9% |
| Amounts payable within one year | 42/48 | €75,176 | €72,070 | -€3,106 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €36,461 | €38,026 | +€1,565 | +4.3% |
| Trade debts | 44 | €19,769 | €0 | -€19,769 | -100% |
| Suppliers | 440/4 | €19,769 | €0 | -€19,769 | -100% |
| Other amounts payable | 47/48 | €18,946 | €34,044 | +€15,098 | +79.7% |
| Accrued charges and deferred income | 492/3 | €3,424 | €60,113 | +€56,689 | +1,656% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,506 | €33,501 | -€10,004 | -23.0% |
| Other operating charges | 640/8 | €9,065 | €57,000 | +€47,935 | +529% |
| Gross operating margin | 9900 | €84,301 | €147,576 | +€63,275 | +75.1% |
| Operating profit (loss) | 9901 | €31,731 | €57,075 | +€25,344 | +79.9% |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | €60,967 | €40,233 | -€20,734 | -34.0% |
| Recurring financial charges | 65 | €60,967 | €40,233 | -€20,734 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | -€29,236 | €16,874 | +€46,110 | |
| Profit (loss) for the period | 9904 | -€29,236 | €16,874 | +€46,110 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,236 | €16,874 | +€46,110 |
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 22 October 2026 via checked.be.