GIDANON: 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.
GIDANON
Largest movements
- Tangible fixed assets -€9,843
down €9,843 (-5.4%), from €182,086 to €172,244
of which Furniture and vehicles: -€9,573
- Cash -€6,265
down €6,265 (-8.6%), from €72,700 to €66,435
mainly Debts after one year (-€34,277) and Trade debts (-€3,972)
- Reserves +€82,873
up €82,873 (+310%), from €26,753 to €109,625
of which Distributable reserves: +€87,153
- Profit (loss) carried forward -€72,818
no longer reported in 2025 (was €72,818)
- Debts after one year -€34,277
down €34,277 (-33.0%), from €103,885 to €69,609
- Other debts +€5,505
up €5,505 (+19.7%), from €27,914 to €33,419
- Current portion of long-term debt +€4,848
up €4,848 (+21.9%), from €22,146 to €26,993
- Gross operating margin -€25,042
down €25,042 (-35.2%), from €71,184 to €46,142
- Write-downs -€8,323
down €8,323, from €4,161 to -€4,161
- Staff costs -€5,120
down €5,120 (-26.1%), from €19,649 to €14,529
- Depreciation +€2,588
up €2,588 (+27.4%), from €9,463 to €12,051
- Taxes +€1,761
up €1,761 (+34.7%), from €5,083 to €6,844
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 | €318,854 | €300,885 | -€17,969 | -5.6% |
| Fixed assets | 21/28 | €182,086 | €172,244 | -€9,843 | -5.4% |
| Tangible fixed assets | 22/27 | €182,086 | €172,244 | -€9,843 | -5.4% |
| Land and buildings | 22 | €139,951 | €139,951 | = | 0.0% |
| Plant, machinery and equipment | 23 | €924 | €655 | -€269 | -29.2% |
| Furniture and vehicles | 24 | €41,211 | €31,638 | -€9,573 | -23.2% |
| Current assets | 29/58 | €136,768 | €128,642 | -€8,126 | -5.9% |
| Stocks and contracts in progress | 3 | €56,731 | €56,554 | -€177 | -0.3% |
| Stocks | 30/36 | €56,731 | €56,554 | -€177 | -0.3% |
| Amounts receivable within one year | 40/41 | €6,984 | €5,653 | -€1,331 | -19.1% |
| Trade receivables | 40 | - | €2,459 | +€2,459 | |
| Other amounts receivable | 41 | €6,984 | €3,194 | -€3,790 | -54.3% |
| Cash at bank and in hand | 54/58 | €72,700 | €66,435 | -€6,265 | -8.6% |
| Deferred charges and accrued income | 490/1 | €353 | - | -€353 | |
| Total equity and liabilities | 10/49 | €318,854 | €300,885 | -€17,969 | -5.6% |
| Equity | 10/15 | €118,171 | €128,225 | +€10,054 | +8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,753 | €109,625 | +€82,873 | +310% |
| 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 | €24,893 | €20,612 | -€4,281 | -17.2% |
| Distributable reserves | 133 | - | €87,153 | +€87,153 | |
| Profit (loss) carried forward | 14 | €72,818 | - | -€72,818 | |
| Provisions and deferred taxes | 16 | €3,846 | €2,716 | -€1,130 | -29.4% |
| Deferred taxes | 168 | €3,846 | €2,716 | -€1,130 | -29.4% |
| Amounts payable | 17/49 | €196,837 | €169,944 | -€26,893 | -13.7% |
| Amounts payable after more than one year | 17 | €103,885 | €69,609 | -€34,277 | -33.0% |
| Financial debts | 170/4 | €103,885 | €69,609 | -€34,277 | -33.0% |
| Amounts payable within one year | 42/48 | €90,775 | €98,613 | +€7,838 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €22,146 | €26,993 | +€4,848 | +21.9% |
| Trade debts | 44 | €37,027 | €33,055 | -€3,972 | -10.7% |
| Suppliers | 440/4 | €37,027 | €33,055 | -€3,972 | -10.7% |
| Taxes, remuneration and social security | 45 | €3,689 | €5,146 | +€1,457 | +39.5% |
| Taxes | 450/3 | €1,028 | €1,910 | +€882 | +85.8% |
| Remuneration and social security | 454/9 | €2,661 | €3,237 | +€575 | +21.6% |
| Other amounts payable | 47/48 | €27,914 | €33,419 | +€5,505 | +19.7% |
| Accrued charges and deferred income | 492/3 | €2,177 | €1,722 | -€455 | -20.9% |
| Non-recurring operating income | 76A | €14,010 | €11,570 | -€2,440 | -17.4% |
| Remuneration, social security and pensions | 62 | €19,649 | €14,529 | -€5,120 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,463 | €12,051 | +€2,588 | +27.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,161 | -€4,161 | -€8,323 | |
| Other operating charges | 640/8 | €1,922 | €1,411 | -€511 | -26.6% |
| Gross operating margin | 9900 | €71,184 | €46,142 | -€25,042 | -35.2% |
| Operating profit (loss) | 9901 | €35,989 | €22,312 | -€13,677 | -38.0% |
| Financial income | 75/76B | €1,023 | €306 | -€717 | -70.1% |
| Recurring financial income | 75 | €552 | €306 | -€246 | -44.6% |
| Non-recurring financial income | 76B | €471 | - | -€471 | |
| Financial charges | 65/66B | €6,815 | €6,849 | +€34 | +0.5% |
| Recurring financial charges | 65 | €6,815 | €6,849 | +€34 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €30,197 | €15,769 | -€14,428 | -47.8% |
| Transfer from deferred taxes | 780 | €1,130 | €1,130 | = | 0.0% |
| Transfer to deferred taxes | 680 | €3,503 | - | -€3,503 | |
| Income taxes | 67/77 | €5,083 | €6,844 | +€1,761 | +34.7% |
| Profit (loss) for the period | 9904 | €22,741 | €10,054 | -€12,687 | -55.8% |
| Transfer from tax-exempt reserves | 789 | €4,281 | €4,281 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €10,508 | - | -€10,508 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,514 | €14,335 | -€2,179 | -13.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.