GIANNI'S: 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
GIANNI'S
NACE 96.210, Hairdressing and barber services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€54,481
2024 · €56,132-€1,652
Equity
€428,602
2024 · €424,121+€4,481
Cash
€21,187
2024 · €17,138+€4,049
Balance sheet total
€642,368
2024 · €673,643-€31,274
Largest movements
Assets
- Receivables within one year -€30,724
no longer reported in 2025 (was €30,724)
Equity and liabilities
- Profit (loss) carried forward +€54,481
up €54,481 (+21.7%), from €251,251 to €305,732
- Reserves -€50,000
down €50,000 (-30.9%), from €161,670 to €111,670
of which Distributable reserves: -€50,000
- Debts after one year -€37,958
down €37,958 (-19.9%), from €191,057 to €153,098
Income statement
- Gross operating margin -€18,082
down €18,082 (-11.2%), from €161,864 to €143,783
- Staff costs -€16,571
down €16,571 (-25.1%), from €65,907 to €49,336
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
€56,132
Gross operating margin
-€18,082
Staff costs
+€16,571
Depreciation
-€1,268
Other operating charges
+€293
Financial income
-€319
Financial charges
+€750
Taxes
+€403
Result 2025
€54,481
raises the resultlowers the result
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
+€96,420
Investment
-€5,199
Financing
-€87,172
Cash 2024
€17,138
From operations (derived)
+€96,420
Net result for the year
+€54,481
Depreciation
+€10,095
Receivables after one year
+€190
Stocks and contracts
+€1,048
Receivables within one year
+€30,724
Deferred charges and accrued income
-€1,535
Trade debts
+€2,109
Tax, wage and social debts
-€2,601
Advances received
-€1,493
Other debts
+€4,672
Accrued charges and deferred income
-€1,271
Investment (derived)
-€5,199
Investment in fixed assets (net)
-€5,199
Financing
-€87,172
Debts after one year
-€37,958
Current portion of long-term debt
+€787
Contributions, distributions and other
-€50,000
Cash 2025
€21,187
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €673,643 | €642,368 | -€31,274 | -4.6% |
| Fixed assets | 21/28 | €573,214 | €568,318 | -€4,896 | -0.9% |
| Tangible fixed assets | 22/27 | €572,864 | €567,968 | -€4,896 | -0.9% |
| Land and buildings | 22 | €516,780 | €516,780 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,192 | €1,928 | -€264 | -12.0% |
| Other tangible fixed assets | 26 | €53,892 | €49,259 | -€4,632 | -8.6% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €100,428 | €74,051 | -€26,378 | -26.3% |
| Amounts receivable after more than one year | 29 | €190 | - | -€190 | |
| Trade receivables | 290 | €190 | - | -€190 | |
| Stocks and contracts in progress | 3 | €48,766 | €47,718 | -€1,048 | -2.1% |
| Stocks | 30/36 | €48,766 | €47,718 | -€1,048 | -2.1% |
| Amounts receivable within one year | 40/41 | €30,724 | - | -€30,724 | |
| Other amounts receivable | 41 | €30,724 | - | -€30,724 | |
| Cash at bank and in hand | 54/58 | €17,138 | €21,187 | +€4,049 | +23.6% |
| Deferred charges and accrued income | 490/1 | €3,610 | €5,145 | +€1,535 | +42.5% |
| Total equity and liabilities | 10/49 | €673,643 | €642,368 | -€31,274 | -4.6% |
| Equity | 10/15 | €424,121 | €428,602 | +€4,481 | +1.1% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €161,670 | €111,670 | -€50,000 | -30.9% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €40,770 | €40,770 | = | 0.0% |
| Distributable reserves | 133 | €119,000 | €69,000 | -€50,000 | -42.0% |
| Profit (loss) carried forward | 14 | €251,251 | €305,732 | +€54,481 | +21.7% |
| Amounts payable | 17/49 | €249,521 | €213,767 | -€35,755 | -14.3% |
| Amounts payable after more than one year | 17 | €191,057 | €153,098 | -€37,958 | -19.9% |
| Financial debts | 170/4 | €191,057 | €153,098 | -€37,958 | -19.9% |
| Amounts payable within one year | 42/48 | €57,148 | €60,623 | +€3,474 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €37,172 | €37,958 | +€787 | +2.1% |
| Trade debts | 44 | - | €2,109 | +€2,109 | |
| Suppliers | 440/4 | - | €2,109 | +€2,109 | |
| Advances received on contracts in progress | 46 | €2,313 | €820 | -€1,493 | -64.5% |
| Taxes, remuneration and social security | 45 | €17,663 | €15,063 | -€2,601 | -14.7% |
| Taxes | 450/3 | €13,052 | €11,634 | -€1,418 | -10.9% |
| Remuneration and social security | 454/9 | €4,611 | €3,429 | -€1,182 | -25.6% |
| Other amounts payable | 47/48 | - | €4,672 | +€4,672 | |
| Accrued charges and deferred income | 492/3 | €1,317 | €46 | -€1,271 | -96.5% |
| Remuneration, social security and pensions | 62 | €65,907 | €49,336 | -€16,571 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,828 | €10,095 | +€1,268 | +14.4% |
| Other operating charges | 640/8 | €2,289 | €1,996 | -€293 | -12.8% |
| Gross operating margin | 9900 | €161,864 | €143,783 | -€18,082 | -11.2% |
| Operating profit (loss) | 9901 | €84,841 | €82,356 | -€2,485 | -2.9% |
| Financial income | 75/76B | €1,627 | €1,308 | -€319 | -19.6% |
| Recurring financial income | 75 | €1,627 | €1,308 | -€319 | -19.6% |
| Financial charges | 65/66B | €5,453 | €4,703 | -€750 | -13.8% |
| Recurring financial charges | 65 | €5,453 | €4,703 | -€750 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €81,015 | €78,960 | -€2,054 | -2.5% |
| Income taxes | 67/77 | €24,882 | €24,480 | -€403 | -1.6% |
| Profit (loss) for the period | 9904 | €56,132 | €54,481 | -€1,652 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,132 | €54,481 | -€1,652 | -2.9% |
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 13 October 2026 via checked.be.