Gica: 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.
Gica
Largest movements
- Cash +€40,358
up €40,358 (+133%), from €30,368 to €70,726
mainly Receivables within one year (+€31,885) and Net result for the year (+€19,097)
- Receivables within one year -€31,885
down €31,885 (-57.2%), from €55,760 to €23,875
of which Trade receivables: -€28,884
- Tangible fixed assets +€6,083
up €6,083 (+15.4%), from €39,523 to €45,606
of which Furniture and vehicles: +€6,693
- Stocks and contracts -€3,185
down €3,185 (-56.4%), from €5,645 to €2,460
- Reserves +€19,097
up €19,097 (+19.2%), from €99,583 to €118,680
- Trade debts -€10,215
down €10,215 (-57.4%), from €17,791 to €7,575
- Other debts +€5,187
up €5,187 (+107%), from €4,860 to €10,047
- Gross operating margin -€19,898
down €19,898 (-34.2%), from €58,164 to €38,265
- Taxes -€4,999
down €4,999 (-50.6%), from €9,875 to €4,877
- Depreciation +€3,253
up €3,253 (+40.5%), from €8,039 to €11,292
- Financial charges +€1,790
up €1,790 (+970%), from €185 to €1,975
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 | €131,296 | €144,032 | +€12,736 | +9.7% |
| Fixed assets | 21/28 | €39,523 | €45,606 | +€6,083 | +15.4% |
| Tangible fixed assets | 22/27 | €39,523 | €45,606 | +€6,083 | +15.4% |
| Plant, machinery and equipment | 23 | €15,277 | €15,204 | -€73 | -0.5% |
| Furniture and vehicles | 24 | €19,480 | €26,173 | +€6,693 | +34.4% |
| Other tangible fixed assets | 26 | €4,766 | €4,229 | -€537 | -11.3% |
| Current assets | 29/58 | €91,773 | €98,427 | +€6,654 | +7.3% |
| Stocks and contracts in progress | 3 | €5,645 | €2,460 | -€3,185 | -56.4% |
| Stocks | 30/36 | €5,645 | €2,460 | -€3,185 | -56.4% |
| Amounts receivable within one year | 40/41 | €55,760 | €23,875 | -€31,885 | -57.2% |
| Trade receivables | 40 | €51,635 | €22,751 | -€28,884 | -55.9% |
| Other amounts receivable | 41 | €4,125 | €1,123 | -€3,001 | -72.8% |
| Cash at bank and in hand | 54/58 | €30,368 | €70,726 | +€40,358 | +133% |
| Deferred charges and accrued income | 490/1 | - | €1,365 | +€1,365 | |
| Total equity and liabilities | 10/49 | €131,296 | €144,032 | +€12,736 | +9.7% |
| Equity | 10/15 | €104,583 | €123,680 | +€19,097 | +18.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €99,583 | €118,680 | +€19,097 | +19.2% |
| Distributable reserves | 133 | €99,583 | €118,680 | +€19,097 | +19.2% |
| Amounts payable | 17/49 | €26,713 | €20,352 | -€6,361 | -23.8% |
| Amounts payable within one year | 42/48 | €26,713 | €20,352 | -€6,361 | -23.8% |
| Trade debts | 44 | €17,791 | €7,575 | -€10,215 | -57.4% |
| Suppliers | 440/4 | €17,791 | €7,575 | -€10,215 | -57.4% |
| Taxes, remuneration and social security | 45 | €4,062 | €2,730 | -€1,332 | -32.8% |
| Taxes | 450/3 | €4,062 | €2,730 | -€1,332 | -32.8% |
| Other amounts payable | 47/48 | €4,860 | €10,047 | +€5,187 | +107% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,039 | €11,292 | +€3,253 | +40.5% |
| Other operating charges | 640/8 | €1,445 | €1,186 | -€258 | -17.9% |
| Gross operating margin | 9900 | €58,164 | €38,265 | -€19,898 | -34.2% |
| Operating profit (loss) | 9901 | €48,680 | €25,787 | -€22,893 | -47.0% |
| Financial income | 75/76B | €306 | €162 | -€144 | -47.1% |
| Recurring financial income | 75 | €306 | €162 | -€144 | -47.1% |
| Financial charges | 65/66B | €185 | €1,975 | +€1,790 | +970% |
| Recurring financial charges | 65 | €185 | €1,975 | +€1,790 | +970% |
| Profit (loss) for the period before taxes | 9903 | €48,801 | €23,974 | -€24,827 | -50.9% |
| Income taxes | 67/77 | €9,875 | €4,877 | -€4,999 | -50.6% |
| Profit (loss) for the period | 9904 | €38,926 | €19,097 | -€19,829 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,926 | €19,097 | -€19,829 | -50.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.