GIBOSCH: 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.
GIBOSCH
Largest movements
- Tangible fixed assets +€154,501
up €154,501 (+279.7%), from €55,232 to €209,734
of which Land and buildings: +€113,740
- Stocks and contracts -€114,927
down €114,927 (-32.2%), from €356,799 to €241,871
- Receivables within one year +€41,292
up €41,292 (+207.5%), from €19,904 to €61,196
of which Trade receivables: +€48,459
- Trade debts +€61,225
up €61,225 (+65.2%), from €93,852 to €155,077
- Short-term financial debts +€35,000
up €35,000 (+70.0%), from €50,000 to €85,000
- Other debts -€21,343
down €21,343 (-8.1%), from €264,913 to €243,571
- Tax, wage and social debts +€19,094
up €19,094 (+6023.1%), from €317 to €19,411
- Debts after one year -€6,334
down €6,334 (-47.1%), from €13,444 to €7,109
- Gross operating margin -€38,224
down €38,224 (-87.4%), from €43,723 to €5,499
- Depreciation -€11,886
down €11,886 (-87.2%), from €13,632 to €1,746
- Financial charges -€3,190
down €3,190 (-33.6%), from €9,487 to €6,296
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €459,806 | €542,112 | +€82,307 | +17.9% |
| Fixed assets | 21/28 | €55,232 | €209,734 | +€154,501 | +279.7% |
| Tangible fixed assets | 22/27 | €55,232 | €209,734 | +€154,501 | +279.7% |
| Land and buildings | 22 | - | €113,740 | +€113,740 | |
| Plant, machinery and equipment | 23 | €7,345 | €8,468 | +€1,123 | +15.3% |
| Furniture and vehicles | 24 | €13,464 | €12,424 | -€1,040 | -7.7% |
| Other tangible fixed assets | 26 | €34,423 | €75,101 | +€40,678 | +118.2% |
| Current assets | 29/58 | €404,573 | €332,379 | -€72,195 | -17.8% |
| Stocks and contracts in progress | 3 | €356,799 | €241,871 | -€114,927 | -32.2% |
| Stocks | 30/36 | €356,799 | €241,871 | -€114,927 | -32.2% |
| Amounts receivable within one year | 40/41 | €19,904 | €61,196 | +€41,292 | +207.5% |
| Trade receivables | 40 | €12,737 | €61,196 | +€48,459 | +380.5% |
| Other amounts receivable | 41 | €7,167 | - | -€7,167 | |
| Cash at bank and in hand | 54/58 | €26,584 | €29,218 | +€2,633 | +9.9% |
| Deferred charges and accrued income | 490/1 | €1,287 | €94 | -€1,193 | -92.7% |
| Total equity and liabilities | 10/49 | €459,806 | €542,112 | +€82,307 | +17.9% |
| Equity | 10/15 | €30,671 | €25,368 | -€5,303 | -17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,723 | €20,966 | -€758 | -3.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,515 | €758 | -€758 | -50.0% |
| Distributable reserves | 133 | €18,348 | €18,348 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,652 | -€14,198 | -€4,546 | -47.1% |
| Provisions and deferred taxes | 16 | €485 | €243 | -€243 | -50.0% |
| Deferred taxes | 168 | €485 | €243 | -€243 | -50.0% |
| Amounts payable | 17/49 | €428,649 | €516,502 | +€87,853 | +20.5% |
| Amounts payable after more than one year | 17 | €13,444 | €7,109 | -€6,334 | -47.1% |
| Financial debts | 170/4 | €13,444 | €7,109 | -€6,334 | -47.1% |
| Amounts payable within one year | 42/48 | €415,206 | €509,393 | +€94,187 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €6,123 | €6,334 | +€211 | +3.4% |
| Financial debts | 43 | €50,000 | €85,000 | +€35,000 | +70.0% |
| Credit institutions | 430/8 | €50,000 | €85,000 | +€35,000 | +70.0% |
| Trade debts | 44 | €93,852 | €155,077 | +€61,225 | +65.2% |
| Suppliers | 440/4 | €93,852 | €155,077 | +€61,225 | +65.2% |
| Taxes, remuneration and social security | 45 | €317 | €19,411 | +€19,094 | +6023.1% |
| Taxes | 450/3 | €317 | €19,411 | +€19,094 | +6023.1% |
| Other amounts payable | 47/48 | €264,913 | €243,571 | -€21,343 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,632 | €1,746 | -€11,886 | -87.2% |
| Other operating charges | 640/8 | €2,513 | €2,760 | +€247 | +9.8% |
| Gross operating margin | 9900 | €43,723 | €5,499 | -€38,224 | -87.4% |
| Operating profit (loss) | 9901 | €27,578 | €993 | -€26,585 | -96.4% |
| Financial income | 75/76B | €191 | €33 | -€158 | -82.7% |
| Recurring financial income | 75 | €191 | €33 | -€158 | -82.7% |
| Financial charges | 65/66B | €9,487 | €6,296 | -€3,190 | -33.6% |
| Recurring financial charges | 65 | €9,487 | €6,296 | -€3,190 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €18,282 | -€5,270 | -€23,552 | |
| Transfer from deferred taxes | 780 | €243 | €243 | = | 0.0% |
| Income taxes | 67/77 | €118 | €276 | +€158 | +133.9% |
| Profit (loss) for the period | 9904 | €18,407 | -€5,303 | -€23,710 | |
| Transfer from tax-exempt reserves | 789 | €758 | €758 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,164 | -€4,546 | -€23,710 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.