GI-BO-MA: 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.
What changed
GI-BO-MA
NACE 46.130, Agents in the wholesale of timber and building materials
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€292,611
2024 · €52,643+€239,968
Equity
€4.5m
2024 · €4.4m+€25,253
Cash
€1.7m
2024 · €1.8m-€97,637
Balance sheet total
€10.4m
2024 · €10.3m+€140,298
Largest movements
Assets
- Stocks and contracts +€265,227
up €265,227 (+8.6%), from €3.1m to €3.4m
Equity and liabilities
- Trade debts +€467,345
up €467,345 (+35.5%), from €1.3m to €1.8m
- Short-term financial debts -€389,398
down €389,398 (-17.4%), from €2.2m to €1.9m
- Other debts +€318,917
up €318,917 (+1,050%), from €30,372 to €349,289
- Debts after one year -€140,094
down €140,094 (-10.0%), from €1.4m to €1.3m
of which Financial debts: -€135,094
- Provisions -€114,996
down €114,996 (-100%), from €114,996 to €0
of which Provisions for liabilities and charges: -€102,000
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
€52,643
Turnover
+€102,241
Other operating income
+€3,626
Goods and materials
+€63,033
Services and other goods
-€13,815
Staff costs
-€37,958
Depreciation
-€8,823
Write-downs
-€17,432
Provisions
+€110,130
Other operating charges
+€32,498
Other operating items
+€17,200
Financial income
-€4,417
Financial charges
+€59,162
Taxes
-€74,762
Deferred taxes and other
+€9,285
Result 2025
€292,611
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€990,145
Investment
-€296,733
Financing
-€791,048
Cash 2024
€1.8m
From operations (derived)
+€990,145
Net result for the year
+€292,611
Depreciation
+€343,331
Stocks and contracts
-€265,227
Receivables within one year
-€4,389
Deferred charges and accrued income
-€14,916
Provisions
-€114,996
Trade debts
+€467,345
Tax, wage and social debts
+€72,567
Advances received
-€102,327
Other debts
+€318,917
Accrued charges and deferred income
-€2,773
Investment (derived)
-€296,733
Investment in fixed assets (net)
-€398,733
Current investments
+€102,000
Financing
-€791,048
Debts after one year
-€140,094
Current portion of long-term debt
+€5,803
Short-term financial debts
-€389,398
Contributions, distributions and other
-€267,359
Cash 2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,283,180 | €10,423,478 | +€140,298 | +1.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,067,721 | €3,123,124 | +€55,403 | +1.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €3,059,764 | €3,115,166 | +€55,403 | +1.8% |
| Land and buildings | 22 | €2,472,892 | €2,340,709 | -€132,183 | -5.3% |
| Plant, machinery and equipment | 23 | €321,954 | €516,692 | +€194,738 | +60.5% |
| Furniture and vehicles | 24 | €193,886 | €209,914 | +€16,028 | +8.3% |
| Leasing and similar rights | 25 | €71,032 | €47,851 | -€23,180 | -32.6% |
| Financial fixed assets | 28 | €7,958 | €7,958 | = | 0.0% |
| Affiliated companies | 280/1 | €0 | €0 | = | |
| Participating interests | 280 | €0 | €0 | = | |
| Other financial fixed assets | 284/8 | €7,958 | €7,958 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €7,958 | €7,958 | = | 0.0% |
| Current assets | 29/58 | €7,215,458 | €7,300,353 | +€84,895 | +1.2% |
| Stocks and contracts in progress | 3 | €3,099,943 | €3,365,170 | +€265,227 | +8.6% |
| Stocks | 30/36 | €3,099,943 | €3,365,170 | +€265,227 | +8.6% |
| Goods purchased for resale | 34 | €3,099,943 | €3,365,170 | +€265,227 | +8.6% |
| Amounts receivable within one year | 40/41 | €2,194,355 | €2,198,744 | +€4,389 | +0.2% |
| Trade receivables | 40 | €2,001,626 | €2,055,993 | +€54,367 | +2.7% |
| Other amounts receivable | 41 | €192,729 | €142,751 | -€49,978 | -25.9% |
| Current investments | 50/53 | €102,000 | €0 | -€102,000 | -100% |
| Other investments | 51/53 | €102,000 | €0 | -€102,000 | -100% |
| Cash at bank and in hand | 54/58 | €1,753,546 | €1,655,910 | -€97,637 | -5.6% |
| Deferred charges and accrued income | 490/1 | €65,615 | €80,530 | +€14,916 | +22.7% |
| Total equity and liabilities | 10/49 | €10,283,180 | €10,423,478 | +€140,298 | +1.4% |
| Equity | 10/15 | €4,424,881 | €4,450,133 | +€25,253 | +0.6% |
| Contributions | 10/11 | €822,500 | €822,500 | = | 0.0% |
| Capital | 10 | €822,500 | €822,500 | = | 0.0% |
| Issued capital | 100 | €822,500 | €822,500 | = | 0.0% |
| Reserves | 13 | €3,527,656 | €3,605,767 | +€78,111 | +2.2% |
| Non-distributable reserves | 130/1 | €82,250 | €82,250 | = | 0.0% |
| Legal reserve | 130 | €82,250 | €82,250 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €256,810 | +€256,810 | |
| Distributable reserves | 133 | €3,445,406 | €3,266,707 | -€178,699 | -5.2% |
| Investment grants | 15 | €74,725 | €21,867 | -€52,859 | -70.7% |
| Provisions and deferred taxes | 16 | €114,996 | €0 | -€114,996 | -100% |
| Provisions for liabilities and charges | 160/5 | €102,000 | €0 | -€102,000 | -100% |
| Other liabilities and charges | 164/5 | €102,000 | €0 | -€102,000 | -100% |
| Deferred taxes | 168 | €12,996 | €0 | -€12,996 | -100% |
| Amounts payable | 17/49 | €5,743,303 | €5,973,344 | +€230,041 | +4.0% |
| Amounts payable after more than one year | 17 | €1,396,104 | €1,256,010 | -€140,094 | -10.0% |
| Financial debts | 170/4 | €765,704 | €630,610 | -€135,094 | -17.6% |
| Leasing and similar obligations | 172 | €50,905 | €28,674 | -€22,230 | -43.7% |
| Credit institutions | 173 | €714,800 | €601,936 | -€112,864 | -15.8% |
| Other amounts payable | 178/9 | €630,400 | €625,400 | -€5,000 | -0.8% |
| Amounts payable within one year | 42/48 | €4,334,769 | €4,707,677 | +€372,908 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €331,450 | €337,254 | +€5,803 | +1.8% |
| Financial debts | 43 | €2,240,584 | €1,851,186 | -€389,398 | -17.4% |
| Credit institutions | 430/8 | €2,240,584 | €1,851,186 | -€389,398 | -17.4% |
| Trade debts | 44 | €1,316,556 | €1,783,902 | +€467,345 | +35.5% |
| Suppliers | 440/4 | €1,316,556 | €1,783,902 | +€467,345 | +35.5% |
| Advances received on contracts in progress | 46 | €191,889 | €89,563 | -€102,327 | -53.3% |
| Taxes, remuneration and social security | 45 | €223,917 | €296,484 | +€72,567 | +32.4% |
| Taxes | 450/3 | €86,964 | €142,885 | +€55,922 | +64.3% |
| Remuneration and social security | 454/9 | €136,953 | €153,599 | +€16,646 | +12.2% |
| Other amounts payable | 47/48 | €30,372 | €349,289 | +€318,917 | +1,050% |
| Accrued charges and deferred income | 492/3 | €12,429 | €9,657 | -€2,773 | -22.3% |
| Operating income | 70/76A | €17,927,308 | €18,033,175 | +€105,867 | +0.6% |
| Turnover | 70 | €17,779,298 | €17,881,539 | +€102,241 | +0.6% |
| Other operating income | 74 | €148,011 | €151,637 | +€3,626 | +2.4% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Operating charges | 60/66A | €17,724,290 | €17,579,458 | -€144,833 | -0.8% |
| Goods for resale, raw materials and consumables | 60 | €14,810,480 | €14,747,448 | -€63,033 | -0.4% |
| Purchases | 600/8 | €14,502,207 | €14,995,319 | +€493,112 | +3.4% |
| Change in stocks: decrease (increase) | 609 | €308,273 | -€247,872 | -€556,145 | |
| Services and other goods | 61 | €1,481,282 | €1,495,097 | +€13,815 | +0.9% |
| Remuneration, social security and pensions | 62 | €964,854 | €1,002,812 | +€37,958 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €334,508 | €343,331 | +€8,823 | +2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€75,312 | -€57,880 | +€17,432 | +23.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €8,130 | -€102,000 | -€110,130 | |
| Other operating charges | 640/8 | €183,149 | €150,651 | -€32,498 | -17.7% |
| Non-recurring operating charges | 66A | €17,200 | - | -€17,200 | |
| Operating profit (loss) | 9901 | €203,018 | €453,717 | +€250,700 | +123% |
| Financial income | 75/76B | €285,654 | €281,237 | -€4,417 | -1.5% |
| Recurring financial income | 75 | €285,654 | €281,237 | -€4,417 | -1.5% |
| Income from current assets | 751 | €37,957 | €10,065 | -€27,892 | -73.5% |
| Other financial income | 752/9 | €247,697 | €271,172 | +€23,474 | +9.5% |
| Financial charges | 65/66B | €400,229 | €341,066 | -€59,162 | -14.8% |
| Recurring financial charges | 65 | €400,229 | €341,066 | -€59,162 | -14.8% |
| Debt charges | 650 | €173,958 | €137,086 | -€36,873 | -21.2% |
| Other financial charges | 652/9 | €226,271 | €203,981 | -€22,290 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €88,443 | €393,888 | +€305,445 | +345% |
| Transfer from deferred taxes | 780 | €3,711 | €12,996 | +€9,285 | +250% |
| Income taxes | 67/77 | €39,510 | €114,273 | +€74,762 | +189% |
| Taxes | 670/3 | €40,263 | €114,273 | +€74,009 | +184% |
| Tax adjustments and reversals of tax provisions | 77 | €753 | €0 | -€753 | -100% |
| Profit (loss) for the period | 9904 | €52,643 | €292,611 | +€239,968 | +456% |
| Transfer to tax-exempt reserves | 689 | - | €256,810 | +€256,810 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,643 | €35,801 | -€16,842 | -32.0% |
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 23 October 2026 via checked.be.