GIGA: 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.
GIGA
Largest movements
- Tangible fixed assets -€17,103
down €17,103 (-4.1%), from €420,141 to €403,038
of which Land and buildings: -€16,672
- Receivables within one year -€7,527
down €7,527 (-16.6%), from €45,360 to €37,833
- Debts after one year -€18,463
down €18,463 (-10.7%), from €172,128 to €153,664
- Trade debts -€15,535
down €15,535 (-77.8%), from €19,978 to €4,442
- Reserves +€8,408
up €8,408 (+25.1%), from €33,441 to €41,850
of which Distributable reserves: +€8,408
- Purchases and services -€25,933
down €25,933 (-34.0%), from €76,370 to €50,438
- Depreciation -€8,511
down €8,511 (-31.4%), from €27,069 to €18,558
- Gross operating margin +€4,739
up €4,739 (+11.1%), from €42,821 to €47,561
- Other operating charges -€2,502
down €2,502 (-56.4%), from €4,437 to €1,935
- Taxes +€2,320
up €2,320 (+124.4%), from €1,865 to €4,185
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 | €471,244 | €445,511 | -€25,734 | -5.5% |
| Fixed assets | 21/28 | €420,141 | €403,038 | -€17,103 | -4.1% |
| Tangible fixed assets | 22/27 | €420,141 | €403,038 | -€17,103 | -4.1% |
| Land and buildings | 22 | €416,177 | €399,504 | -€16,672 | -4.0% |
| Plant, machinery and equipment | 23 | €1,712 | €1,318 | -€394 | -23.0% |
| Furniture and vehicles | 24 | €2,252 | €2,217 | -€36 | -1.6% |
| Current assets | 29/58 | €51,103 | €42,472 | -€8,631 | -16.9% |
| Amounts receivable within one year | 40/41 | €45,360 | €37,833 | -€7,527 | -16.6% |
| Trade receivables | 40 | €45,360 | €37,833 | -€7,527 | -16.6% |
| Cash at bank and in hand | 54/58 | €5,743 | €4,639 | -€1,104 | -19.2% |
| Total equity and liabilities | 10/49 | €471,244 | €445,511 | -€25,734 | -5.5% |
| Equity | 10/15 | €39,641 | €48,050 | +€8,408 | +21.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,441 | €41,850 | +€8,408 | +25.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,581 | €39,990 | +€8,408 | +26.6% |
| Amounts payable | 17/49 | €431,603 | €397,461 | -€34,142 | -7.9% |
| Amounts payable after more than one year | 17 | €172,128 | €153,664 | -€18,463 | -10.7% |
| Financial debts | 170/4 | €172,128 | €153,664 | -€18,463 | -10.7% |
| Amounts payable within one year | 42/48 | €259,128 | €243,797 | -€15,331 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €22,695 | €18,551 | -€4,143 | -18.3% |
| Trade debts | 44 | €19,978 | €4,442 | -€15,535 | -77.8% |
| Suppliers | 440/4 | €19,978 | €4,442 | -€15,535 | -77.8% |
| Taxes, remuneration and social security | 45 | €3,186 | €6,918 | +€3,733 | +117.2% |
| Taxes | 450/3 | €3,186 | €6,918 | +€3,733 | +117.2% |
| Other amounts payable | 47/48 | €213,270 | €213,884 | +€614 | +0.3% |
| Accrued charges and deferred income | 492/3 | €348 | - | -€348 | |
| Goods, raw materials, services and sundry goods | 60/61 | €76,370 | €50,438 | -€25,933 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,069 | €18,558 | -€8,511 | -31.4% |
| Other operating charges | 640/8 | €4,437 | €1,935 | -€2,502 | -56.4% |
| Gross operating margin | 9900 | €42,821 | €47,561 | +€4,739 | +11.1% |
| Operating profit (loss) | 9901 | €11,316 | €27,068 | +€15,752 | +139.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,892 | €4,474 | -€417 | -8.5% |
| Recurring financial charges | 65 | €4,892 | €4,474 | -€417 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €6,424 | €22,593 | +€16,169 | +251.7% |
| Income taxes | 67/77 | €1,865 | €4,185 | +€2,320 | +124.4% |
| Profit (loss) for the period | 9904 | €4,559 | €18,408 | +€13,850 | +303.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,559 | €18,408 | +€13,850 | +303.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.