GIANCLAUDIO: what changed
Two fiscal 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.
GIANCLAUDIO
Largest movements
- Tangible fixed assets +€1,452
up €1,452 (+1935.9%), from €75 to €1,527
- Receivables within one year +€1,180
up €1,180 (+38.4%), from €3,072 to €4,252
of which Trade receivables: +€1,990
- Deferred charges and accrued income -€887
down €887 (-86.8%), from €1,022 to €135
- Stocks and contracts -€575
down €575 (-43.5%), from €1,322 to €747
- Cash -€232
down €232 (-6.9%), from €3,380 to €3,148
mainly Net result for the year (-€13,458) and Investment in fixed assets (net) (-€1,555)
- Profit (loss) carried forward -€13,458
down €13,458 (-29.4%), from -€45,816 to -€59,274
- Other debts +€13,186
up €13,186 (+48.6%), from €27,119 to €40,305
- Trade debts +€1,172
up €1,172 (+20.9%), from €5,608 to €6,780
of which Bills of exchange payable: +€1,425
- Gross operating margin +€4,472
up €4,472 (+52.7%), from -€8,483 to -€4,012
- Other operating charges -€2,969
down €2,969 (-67.9%), from €4,374 to €1,405
- Staff costs +€2,121
up €2,121, from -€2,074 to €47
- Financial charges -€1,763
down €1,763 (-29.2%), from €6,030 to €4,267
- Taxes +€796
up €796 (+243.1%), from €328 to €1,124
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 | €9,294 | €10,232 | +€939 | +10.1% |
| Fixed assets | 21/28 | €499 | €1,950 | +€1,452 | +291.2% |
| Tangible fixed assets | 22/27 | €75 | €1,527 | +€1,452 | +1935.9% |
| Other tangible fixed assets | 26 | €75 | €1,527 | +€1,452 | +1935.9% |
| Financial fixed assets | 28 | €424 | €424 | = | 0.0% |
| Current assets | 29/58 | €8,795 | €8,282 | -€513 | -5.8% |
| Stocks and contracts in progress | 3 | €1,322 | €747 | -€575 | -43.5% |
| Stocks | 30/36 | €1,322 | €747 | -€575 | -43.5% |
| Amounts receivable within one year | 40/41 | €3,072 | €4,252 | +€1,180 | +38.4% |
| Trade receivables | 40 | €2,262 | €4,252 | +€1,990 | +88.0% |
| Other amounts receivable | 41 | €810 | - | -€810 | |
| Cash at bank and in hand | 54/58 | €3,380 | €3,148 | -€232 | -6.9% |
| Deferred charges and accrued income | 490/1 | €1,022 | €135 | -€887 | -86.8% |
| Total equity and liabilities | 10/49 | €9,294 | €10,232 | +€939 | +10.1% |
| Equity | 10/15 | -€33,506 | -€46,964 | -€13,458 | -40.2% |
| Contributions | 10/11 | €10,450 | €10,450 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,816 | -€59,274 | -€13,458 | -29.4% |
| Amounts payable | 17/49 | €42,800 | €57,196 | +€14,396 | +33.6% |
| Amounts payable within one year | 42/48 | €42,800 | €57,196 | +€14,396 | +33.6% |
| Trade debts | 44 | €5,608 | €6,780 | +€1,172 | +20.9% |
| Suppliers | 440/4 | €5,608 | €5,355 | -€253 | -4.5% |
| Bills of exchange payable | 441 | - | €1,425 | +€1,425 | |
| Taxes, remuneration and social security | 45 | €10,073 | €10,112 | +€39 | +0.4% |
| Taxes | 450/3 | €10,073 | €10,112 | +€39 | +0.4% |
| Other amounts payable | 47/48 | €27,119 | €40,305 | +€13,186 | +48.6% |
| Remuneration, social security and pensions | 62 | -€2,074 | €47 | +€2,121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273 | €103 | -€170 | -62.3% |
| Other operating charges | 640/8 | €4,374 | €1,405 | -€2,969 | -67.9% |
| Non-recurring operating charges | 66A | €4,117 | €2,500 | -€1,617 | -39.3% |
| Gross operating margin | 9900 | -€8,483 | -€4,012 | +€4,472 | +52.7% |
| Operating profit (loss) | 9901 | -€15,173 | -€8,067 | +€7,107 | +46.8% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €6,030 | €4,267 | -€1,763 | -29.2% |
| Recurring financial charges | 65 | €6,030 | €4,267 | -€1,763 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | -€21,199 | -€12,334 | +€8,866 | +41.8% |
| Income taxes | 67/77 | €328 | €1,124 | +€796 | +243.1% |
| Profit (loss) for the period | 9904 | -€21,527 | -€13,458 | +€8,069 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,527 | -€13,458 | +€8,069 | +37.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.