GIERLE: 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.
GIERLE
Largest movements
- Tangible fixed assets -€7,402
down €7,402 (-6.7%), from €111,193 to €103,791
- Cash +€4,280
up €4,280 (+16.5%), from €26,015 to €30,295
mainly Depreciation (+€7,402)
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€923
down €923 (-37.6%), from €2,453 to €1,530
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.
Cash bridge derived
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 | €137,209 | €134,086 | -€3,122 | -2.3% |
| Fixed assets | 21/28 | €111,193 | €103,791 | -€7,402 | -6.7% |
| Tangible fixed assets | 22/27 | €111,193 | €103,791 | -€7,402 | -6.7% |
| Land and buildings | 22 | €111,193 | €103,791 | -€7,402 | -6.7% |
| Current assets | 29/58 | €26,015 | €30,295 | +€4,280 | +16.5% |
| Cash at bank and in hand | 54/58 | €26,015 | €30,295 | +€4,280 | +16.5% |
| Total equity and liabilities | 10/49 | €137,209 | €134,086 | -€3,122 | -2.3% |
| Equity | 10/15 | -€40,576 | -€42,353 | -€1,777 | -4.4% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €9,275 | €8,542 | -€733 | -7.9% |
| Tax-exempt reserves | 132 | €9,275 | €8,542 | -€733 | -7.9% |
| Profit (loss) carried forward | 14 | -€80,837 | -€81,882 | -€1,045 | -1.3% |
| Provisions and deferred taxes | 16 | €4,776 | €4,398 | -€377 | -7.9% |
| Deferred taxes | 168 | €4,776 | €4,398 | -€377 | -7.9% |
| Amounts payable | 17/49 | €173,009 | €172,041 | -€968 | -0.6% |
| Amounts payable within one year | 42/48 | €173,009 | €172,041 | -€968 | -0.6% |
| Trade debts | 44 | €968 | - | -€968 | |
| Suppliers | 440/4 | €968 | - | -€968 | |
| Other amounts payable | 47/48 | €172,041 | €172,041 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,402 | €7,402 | = | 0.0% |
| Other operating charges | 640/8 | €2,453 | €1,530 | -€923 | -37.6% |
| Gross operating margin | 9900 | €6,880 | €6,823 | -€57 | -0.8% |
| Operating profit (loss) | 9901 | -€2,975 | -€2,110 | +€865 | +29.1% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,018 | -€2,155 | +€864 | +28.6% |
| Transfer from deferred taxes | 780 | €377 | €377 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€2,641 | -€1,777 | +€864 | +32.7% |
| Transfer from tax-exempt reserves | 789 | €733 | €733 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,908 | -€1,045 | +€864 | +45.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.