GIBBON: 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.
GIBBON
Largest movements
- Tangible fixed assets -€39,331
down €39,331 (-7.1%), from €556,387 to €517,056
of which Land and buildings: -€27,200
- Debts after one year -€50,153
down €50,153 (-11.0%), from €457,982 to €407,830
- Profit (loss) carried forward +€8,829
up €8,829 (+72.4%), from -€12,200 to -€3,370
- Trade debts -€8,434
down €8,434 (-57.3%), from €14,711 to €6,277
- Staff costs -€30,232
down €30,232 (-27.1%), from €111,383 to €81,151
- Gross operating margin -€13,992
down €13,992 (-7.9%), from €178,080 to €164,087
- Taxes +€9,698
up €9,698 (+1,024%), from €947 to €10,645
- Financial charges -€1,822
down €1,822 (-14.4%), from €12,607 to €10,785
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 | €667,567 | €622,953 | -€44,614 | -6.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €569,150 | €523,619 | -€45,531 | -8.0% |
| Tangible fixed assets | 22/27 | €556,387 | €517,056 | -€39,331 | -7.1% |
| Land and buildings | 22 | €476,000 | €448,800 | -€27,200 | -5.7% |
| Plant, machinery and equipment | 23 | €78,541 | €67,006 | -€11,534 | -14.7% |
| Furniture and vehicles | 24 | €1,847 | €1,250 | -€597 | -32.3% |
| Financial fixed assets | 28 | €12,763 | €6,563 | -€6,200 | -48.6% |
| Current assets | 29/58 | €98,417 | €99,334 | +€917 | +0.9% |
| Amounts receivable within one year | 40/41 | €90,192 | €95,235 | +€5,043 | +5.6% |
| Trade receivables | 40 | €45,737 | €53,012 | +€7,275 | +15.9% |
| Other amounts receivable | 41 | €44,454 | €42,223 | -€2,232 | -5.0% |
| Cash at bank and in hand | 54/58 | €3,080 | €3,410 | +€329 | +10.7% |
| Deferred charges and accrued income | 490/1 | €5,145 | €689 | -€4,456 | -86.6% |
| Total equity and liabilities | 10/49 | €667,567 | €622,953 | -€44,614 | -6.7% |
| Equity | 10/15 | €6,400 | €15,230 | +€8,829 | +138% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,200 | -€3,370 | +€8,829 | +72.4% |
| Amounts payable | 17/49 | €661,167 | €607,723 | -€53,444 | -8.1% |
| Amounts payable after more than one year | 17 | €457,982 | €407,830 | -€50,153 | -11.0% |
| Financial debts | 170/4 | €457,982 | €407,830 | -€50,153 | -11.0% |
| Amounts payable within one year | 42/48 | €203,185 | €199,893 | -€3,291 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €50,086 | €55,153 | +€5,066 | +10.1% |
| Trade debts | 44 | €14,711 | €6,277 | -€8,434 | -57.3% |
| Suppliers | 440/4 | €14,711 | €6,277 | -€8,434 | -57.3% |
| Taxes, remuneration and social security | 45 | €13,743 | €18,533 | +€4,790 | +34.9% |
| Taxes | 450/3 | €13,743 | €18,533 | +€4,790 | +34.9% |
| Other amounts payable | 47/48 | €124,645 | €119,931 | -€4,714 | -3.8% |
| Remuneration, social security and pensions | 62 | €111,383 | €81,151 | -€30,232 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,331 | €39,331 | = | 0.0% |
| Other operating charges | 640/8 | €13,144 | €13,345 | +€201 | +1.5% |
| Gross operating margin | 9900 | €178,080 | €164,087 | -€13,992 | -7.9% |
| Operating profit (loss) | 9901 | €14,222 | €30,260 | +€16,038 | +113% |
| Financial charges | 65/66B | €12,607 | €10,785 | -€1,822 | -14.4% |
| Recurring financial charges | 65 | €12,607 | €10,785 | -€1,822 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €1,615 | €19,475 | +€17,860 | +1,106% |
| Income taxes | 67/77 | €947 | €10,645 | +€9,698 | +1,024% |
| Profit (loss) for the period | 9904 | €668 | €8,829 | +€8,161 | +1,222% |
| Profit (loss) for the period to be appropriated | 9905 | €668 | €8,829 | +€8,161 | +1,222% |
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 25 October 2026 via checked.be.