Gibro: 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.
Gibro
Largest movements
- Tangible fixed assets -€58,270
down €58,270 (-4.3%), from €1.3m to €1.3m
of which Land and buildings: -€101,497
- Cash +€46,243
up €46,243 (+1560.9%), from €2,963 to €49,206
mainly Depreciation (+€109,983) and Other debts (+€51,447)
- Other debts +€51,447
up €51,447 (+34.3%), from €150,000 to €201,447
- Profit (loss) carried forward -€41,676
down €41,676 (-17.0%), from -€244,562 to -€286,238
- Trade debts -€22,004
down €22,004 (-57.3%), from €38,395 to €16,391
- Gross operating margin -€110,768
down €110,768 (-53.0%), from €208,855 to €98,087
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 | €1,348,927 | €1,334,654 | -€14,273 | -1.1% |
| Fixed assets | 21/28 | €1,340,827 | €1,284,487 | -€56,340 | -4.2% |
| Tangible fixed assets | 22/27 | €1,340,827 | €1,282,557 | -€58,270 | -4.3% |
| Land and buildings | 22 | €1,340,827 | €1,239,330 | -€101,497 | -7.6% |
| Plant, machinery and equipment | 23 | - | €43,227 | +€43,227 | |
| Financial fixed assets | 28 | - | €1,930 | +€1,930 | |
| Current assets | 29/58 | €8,101 | €50,167 | +€42,066 | +519.3% |
| Amounts receivable within one year | 40/41 | €5,138 | €961 | -€4,177 | -81.3% |
| Trade receivables | 40 | €3,471 | €961 | -€2,510 | -72.3% |
| Other amounts receivable | 41 | €1,667 | - | -€1,667 | |
| Cash at bank and in hand | 54/58 | €2,963 | €49,206 | +€46,243 | +1560.9% |
| Total equity and liabilities | 10/49 | €1,348,927 | €1,334,654 | -€14,273 | -1.1% |
| Equity | 10/15 | €1,157,910 | €1,116,234 | -€41,676 | -3.6% |
| Contributions | 10/11 | €1,275,000 | €1,275,000 | = | 0.0% |
| Capital | 10 | €1,275,000 | €1,275,000 | = | 0.0% |
| Issued capital | 100 | €1,275,000 | €1,275,000 | = | 0.0% |
| Reserves | 13 | €127,472 | €127,472 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €127,472 | €127,472 | +€0 | 0.0% |
| Legal reserve | 130 | €127,472 | €127,472 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€244,562 | -€286,238 | -€41,676 | -17.0% |
| Amounts payable | 17/49 | €191,017 | €218,420 | +€27,403 | +14.3% |
| Amounts payable after more than one year | 17 | €2,030 | - | -€2,030 | |
| Other amounts payable | 178/9 | €2,030 | - | -€2,030 | |
| Amounts payable within one year | 42/48 | €188,988 | €218,420 | +€29,432 | +15.6% |
| Trade debts | 44 | €38,395 | €16,391 | -€22,004 | -57.3% |
| Suppliers | 440/4 | €38,395 | €16,391 | -€22,004 | -57.3% |
| Taxes, remuneration and social security | 45 | €592 | €582 | -€10 | -1.8% |
| Taxes | 450/3 | €592 | €582 | -€10 | -1.8% |
| Other amounts payable | 47/48 | €150,000 | €201,447 | +€51,447 | +34.3% |
| Non-recurring operating income | 76A | €122,687 | - | -€122,687 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,034 | €109,983 | -€2,051 | -1.8% |
| Other operating charges | 640/8 | €27,943 | €28,075 | +€132 | +0.5% |
| Gross operating margin | 9900 | €208,855 | €98,087 | -€110,768 | -53.0% |
| Operating profit (loss) | 9901 | €68,879 | -€39,971 | -€108,850 | |
| Financial income | 75/76B | €186 | - | -€186 | |
| Recurring financial income | 75 | €186 | - | -€186 | |
| Financial charges | 65/66B | €1,656 | €1,704 | +€48 | +2.9% |
| Recurring financial charges | 65 | €1,656 | €1,704 | +€48 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €67,409 | -€41,675 | -€109,084 | |
| Profit (loss) for the period | 9904 | €67,409 | -€41,675 | -€109,084 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,409 | -€41,675 | -€109,084 |
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 2 October 2026 via checked.be.