Gibam: 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
Gibam
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€72,020
2024 · €39,636+€32,384
Equity
€266,982
2024 · €194,962+€72,020
Cash
€1,500
2024 · €2,974-€1,474
Balance sheet total
€860,109
2024 · €909,428-€49,319
Largest movements
Assets
- Receivables within one year -€27,849
down €27,849 (-54.7%), from €50,931 to €23,083
of which Trade receivables: -€31,316
- Tangible fixed assets -€16,132
down €16,132 (-93.3%), from €17,295 to €1,163
Equity and liabilities
- Debts after one year -€84,223
down €84,223 (-18.4%), from €457,694 to €373,471
of which Financial debts: -€84,223
- Profit (loss) carried forward +€72,020
up €72,020 (+41.3%), from €174,557 to €246,577
- Other debts -€38,839
down €38,839 (-41.9%), from €92,753 to €53,914
- Trade debts -€36,721
down €36,721 (-83.2%), from €44,151 to €7,430
- Short-term financial debts +€30,042
new in 2025: €30,042
Income statement
- Turnover -€151,506
no longer reported in 2025 (was €151,506)
- Gross operating margin +€79,857
new in 2025: €79,857
- Services and other goods -€66,876
no longer reported in 2025 (was €66,876)
- Financial income +€26,288
up €26,288 (+48,252%), from €54 to €26,342
- Goods and materials -€18,718
no longer reported in 2025 (was €18,718)
of which Purchases: -€18,718
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
€39,636
Turnover
-€151,506
Other operating income
-€7,854
Goods and materials
+€18,718
Services and other goods
+€66,876
Depreciation
+€2,657
Other operating charges
-€3,314
Other operating items
+€79,857
Financial income
+€26,288
Financial charges
+€2,511
Taxes
-€1,849
Result 2025
€72,020
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
+€34,731
Investment
+€15,770
Financing
-€51,976
Cash 2024
€2,974
From operations (derived)
+€34,731
Net result for the year
+€72,020
Depreciation
+€362
Stocks and contracts
+€1,653
Receivables within one year
+€27,849
Deferred charges and accrued income
+€2,211
Trade debts
-€36,721
Tax, wage and social debts
+€4,427
Other debts
-€38,839
Accrued charges and deferred income
+€1,770
Investment (derived)
+€15,770
Investment in fixed assets (net)
+€15,770
Financing
-€51,976
Debts after one year
-€84,223
Current portion of long-term debt
+€2,206
Short-term financial debts
+€30,042
Cash 2025
€1,500
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €909,428 | €860,109 | -€49,319 | -5.4% |
| Fixed assets | 21/28 | €851,223 | €835,091 | -€16,132 | -1.9% |
| Tangible fixed assets | 22/27 | €17,295 | €1,163 | -€16,132 | -93.3% |
| Furniture and vehicles | 24 | €17,295 | €1,163 | -€16,132 | -93.3% |
| Financial fixed assets | 28 | €833,929 | €833,929 | = | 0.0% |
| Affiliated companies | 280/1 | €833,929 | - | -€833,929 | |
| Participating interests | 280 | €833,929 | - | -€833,929 | |
| Current assets | 29/58 | €58,204 | €25,017 | -€33,187 | -57.0% |
| Stocks and contracts in progress | 3 | €1,653 | €0 | -€1,653 | -100% |
| Stocks | 30/36 | €1,653 | €0 | -€1,653 | -100% |
| Goods purchased for resale | 34 | €1,653 | - | -€1,653 | |
| Amounts receivable within one year | 40/41 | €50,931 | €23,083 | -€27,849 | -54.7% |
| Trade receivables | 40 | €42,159 | €10,843 | -€31,316 | -74.3% |
| Other amounts receivable | 41 | €8,773 | €12,240 | +€3,467 | +39.5% |
| Cash at bank and in hand | 54/58 | €2,974 | €1,500 | -€1,474 | -49.6% |
| Deferred charges and accrued income | 490/1 | €2,646 | €435 | -€2,211 | -83.6% |
| Total equity and liabilities | 10/49 | €909,428 | €860,109 | -€49,319 | -5.4% |
| Equity | 10/15 | €194,962 | €266,982 | +€72,020 | +36.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,557 | €246,577 | +€72,020 | +41.3% |
| Amounts payable | 17/49 | €714,466 | €593,127 | -€121,339 | -17.0% |
| Amounts payable after more than one year | 17 | €457,694 | €373,471 | -€84,223 | -18.4% |
| Financial debts | 170/4 | €190,694 | €106,471 | -€84,223 | -44.2% |
| Credit institutions | 173 | €190,694 | - | -€190,694 | |
| Other amounts payable | 178/9 | €267,000 | €267,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €254,122 | €215,236 | -€38,886 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €82,402 | €84,607 | +€2,206 | +2.7% |
| Financial debts | 43 | - | €30,042 | +€30,042 | |
| Credit institutions | 430/8 | - | €30,042 | +€30,042 | |
| Trade debts | 44 | €44,151 | €7,430 | -€36,721 | -83.2% |
| Suppliers | 440/4 | €44,151 | €7,430 | -€36,721 | -83.2% |
| Taxes, remuneration and social security | 45 | €34,816 | €39,243 | +€4,427 | +12.7% |
| Taxes | 450/3 | €32,416 | €36,743 | +€4,327 | +13.3% |
| Remuneration and social security | 454/9 | €2,400 | €2,500 | +€100 | +4.2% |
| Other amounts payable | 47/48 | €92,753 | €53,914 | -€38,839 | -41.9% |
| Accrued charges and deferred income | 492/3 | €2,650 | €4,419 | +€1,770 | +66.8% |
| Operating income | 70/76A | €159,359 | - | -€159,359 | |
| Turnover | 70 | €151,506 | - | -€151,506 | |
| Other operating income | 74 | €7,854 | - | -€7,854 | |
| Operating charges | 60/66A | €89,613 | - | -€89,613 | |
| Goods for resale, raw materials and consumables | 60 | €18,718 | - | -€18,718 | |
| Purchases | 600/8 | €18,718 | - | -€18,718 | |
| Change in stocks: decrease (increase) | 609 | €0 | - | = | |
| Services and other goods | 61 | €66,876 | - | -€66,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,019 | €362 | -€2,657 | -88.0% |
| Other operating charges | 640/8 | €999 | €4,314 | +€3,314 | +332% |
| Gross operating margin | 9900 | - | €79,857 | +€79,857 | |
| Operating profit (loss) | 9901 | €69,747 | €75,181 | +€5,435 | +7.8% |
| Financial income | 75/76B | €54 | €26,342 | +€26,288 | +48,252% |
| Recurring financial income | 75 | €54 | €26,342 | +€26,288 | +48,252% |
| Other financial income | 752/9 | €54 | - | -€54 | |
| Financial charges | 65/66B | €14,480 | €11,969 | -€2,511 | -17.3% |
| Recurring financial charges | 65 | €14,480 | €11,969 | -€2,511 | -17.3% |
| Debt charges | 650 | €11,067 | - | -€11,067 | |
| Other financial charges | 652/9 | €3,413 | - | -€3,413 | |
| Profit (loss) for the period before taxes | 9903 | €55,321 | €89,554 | +€34,233 | +61.9% |
| Income taxes | 67/77 | €15,685 | €17,534 | +€1,849 | +11.8% |
| Taxes | 670/3 | €15,685 | - | -€15,685 | |
| Profit (loss) for the period | 9904 | €39,636 | €72,020 | +€32,384 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,636 | €72,020 | +€32,384 | +81.7% |
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 20 October 2026 via checked.be.