Gig & Grow: 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.
Gig & Grow
Largest movements
- Cash +€17,156
up €17,156 (+29.7%), from €57,704 to €74,860
mainly Net result for the year (+€55,526) and Depreciation (+€12,638)
- Deferred charges and accrued income -€10,835
down €10,835 (-49.4%), from €21,952 to €11,117
- Tangible fixed assets -€7,201
down €7,201 (-29.4%), from €24,516 to €17,315
of which Furniture and vehicles: -€6,326
- Financial fixed assets +€7,000
new in 2025: €7,000
- Intangible fixed assets -€5,437
down €5,437 (-34.6%), from €15,692 to €10,255
- Reserves +€55,526
up €55,526 (+275%), from €20,168 to €75,694
- Short-term financial debts -€32,209
down €32,209 (-58.6%), from €55,000 to €22,791
- Debts after one year -€12,174
down €12,174 (-85.7%), from €14,212 to €2,038
- Tax, wage and social debts -€10,356
down €10,356 (-13.3%), from €77,771 to €67,415
of which Remuneration and social security: -€11,241
- Trade debts -€4,130
down €4,130 (-15.7%), from €26,235 to €22,105
- Staff costs -€16,570
down €16,570 (-4.8%), from €346,190 to €329,620
- Gross operating margin +€10,214
up €10,214 (+2.4%), from €434,058 to €444,271
- Taxes +€9,432
up €9,432 (+51.5%), from €18,320 to €27,752
- Other operating charges -€4,716
down €4,716 (-71.7%), from €6,581 to €1,865
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 | €236,063 | €232,616 | -€3,447 | -1.5% |
| Fixed assets | 21/28 | €40,208 | €34,570 | -€5,638 | -14.0% |
| Intangible fixed assets | 21 | €15,692 | €10,255 | -€5,437 | -34.6% |
| Tangible fixed assets | 22/27 | €24,516 | €17,315 | -€7,201 | -29.4% |
| Land and buildings | 22 | €6,615 | €5,740 | -€875 | -13.2% |
| Furniture and vehicles | 24 | €17,901 | €11,575 | -€6,326 | -35.3% |
| Financial fixed assets | 28 | - | €7,000 | +€7,000 | |
| Current assets | 29/58 | €195,855 | €198,046 | +€2,191 | +1.1% |
| Amounts receivable within one year | 40/41 | €116,200 | €112,069 | -€4,130 | -3.6% |
| Trade receivables | 40 | €78,229 | €75,225 | -€3,003 | -3.8% |
| Other amounts receivable | 41 | €37,971 | €36,844 | -€1,127 | -3.0% |
| Cash at bank and in hand | 54/58 | €57,704 | €74,860 | +€17,156 | +29.7% |
| Deferred charges and accrued income | 490/1 | €21,952 | €11,117 | -€10,835 | -49.4% |
| Total equity and liabilities | 10/49 | €236,063 | €232,616 | -€3,447 | -1.5% |
| Equity | 10/15 | €50,168 | €105,694 | +€55,526 | +111% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €20,168 | €75,694 | +€55,526 | +275% |
| Distributable reserves | 133 | €20,168 | €75,694 | +€55,526 | +275% |
| Amounts payable | 17/49 | €185,896 | €126,922 | -€58,973 | -31.7% |
| Amounts payable after more than one year | 17 | €14,212 | €2,038 | -€12,174 | -85.7% |
| Financial debts | 170/4 | €14,212 | €2,038 | -€12,174 | -85.7% |
| Amounts payable within one year | 42/48 | €171,084 | €124,484 | -€46,600 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | €12,078 | €12,174 | +€95 | +0.8% |
| Financial debts | 43 | €55,000 | €22,791 | -€32,209 | -58.6% |
| Credit institutions | 430/8 | €55,000 | €22,791 | -€32,209 | -58.6% |
| Trade debts | 44 | €26,235 | €22,105 | -€4,130 | -15.7% |
| Suppliers | 440/4 | €26,235 | €22,105 | -€4,130 | -15.7% |
| Taxes, remuneration and social security | 45 | €77,771 | €67,415 | -€10,356 | -13.3% |
| Taxes | 450/3 | €35,754 | €36,638 | +€884 | +2.5% |
| Remuneration and social security | 454/9 | €42,017 | €30,776 | -€11,241 | -26.8% |
| Accrued charges and deferred income | 492/3 | €600 | €400 | -€200 | -33.3% |
| Remuneration, social security and pensions | 62 | €346,190 | €329,620 | -€16,570 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,619 | €12,638 | -€981 | -7.2% |
| Other operating charges | 640/8 | €6,581 | €1,865 | -€4,716 | -71.7% |
| Non-recurring operating charges | 66A | - | €9,733 | +€9,733 | |
| Gross operating margin | 9900 | €434,058 | €444,271 | +€10,214 | +2.4% |
| Operating profit (loss) | 9901 | €67,667 | €90,415 | +€22,747 | +33.6% |
| Financial charges | 65/66B | €10,388 | €7,137 | -€3,251 | -31.3% |
| Recurring financial charges | 65 | €10,388 | €7,137 | -€3,251 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €57,280 | €83,278 | +€25,998 | +45.4% |
| Income taxes | 67/77 | €18,320 | €27,752 | +€9,432 | +51.5% |
| Profit (loss) for the period | 9904 | €38,960 | €55,526 | +€16,566 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,960 | €55,526 | +€16,566 | +42.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.