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
- Cash +€52,801
up €52,801 (+97.4%), from €54,238 to €107,039
mainly Net result for the year (+€46,039) and Other debts (+€43,135)
- Receivables within one year -€3,005
down €3,005 (-100.0%), from €3,005 to €0
- Intangible fixed assets -€1,786
down €1,786 (-25.4%), from €7,034 to €5,247
- Other debts +€43,135
up €43,135 (+2154.8%), from €2,002 to €45,136
- Trade debts +€7,929
up €7,929, from €0 to €7,929
- Profit (loss) carried forward -€3,961
down €3,961 (-9.6%), from €41,464 to €37,503
- Debts after one year -€3,730
down €3,730 (-28.4%), from €13,151 to €9,421
- Tax, wage and social debts +€3,500
up €3,500 (+69.3%), from €5,050 to €8,550
- Gross operating margin +€17,152
up €17,152 (+48.3%), from €35,510 to €52,662
- Financial income +€6,994
up €6,994, from €0 to €6,994
of which Non-recurring financial income: +€6,981
- Taxes +€5,981
up €5,981 (+149.5%), from €4,000 to €9,981
- Depreciation -€4,434
down €4,434 (-61.3%), from €7,231 to €2,796
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 | €66,303 | €113,270 | +€46,967 | +70.8% |
| Fixed assets | 21/28 | €8,866 | €6,070 | -€2,796 | -31.5% |
| Intangible fixed assets | 21 | €7,034 | €5,247 | -€1,786 | -25.4% |
| Tangible fixed assets | 22/27 | €1,833 | €823 | -€1,010 | -55.1% |
| Furniture and vehicles | 24 | €1,833 | €823 | -€1,010 | -55.1% |
| Current assets | 29/58 | €57,436 | €107,199 | +€49,763 | +86.6% |
| Amounts receivable within one year | 40/41 | €3,005 | €0 | -€3,005 | -100.0% |
| Trade receivables | 40 | €3,005 | €0 | -€3,005 | -100.0% |
| Cash at bank and in hand | 54/58 | €54,238 | €107,039 | +€52,801 | +97.4% |
| Deferred charges and accrued income | 490/1 | €194 | €160 | -€34 | -17.3% |
| Total equity and liabilities | 10/49 | €66,303 | €113,270 | +€46,967 | +70.8% |
| Equity | 10/15 | €42,464 | €38,503 | -€3,961 | -9.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,464 | €37,503 | -€3,961 | -9.6% |
| Amounts payable | 17/49 | €23,838 | €74,767 | +€50,929 | +213.6% |
| Amounts payable after more than one year | 17 | €13,151 | €9,421 | -€3,730 | -28.4% |
| Financial debts | 170/4 | €13,151 | €9,421 | -€3,730 | -28.4% |
| Amounts payable within one year | 42/48 | €10,687 | €65,346 | +€54,659 | +511.5% |
| Current portion of amounts payable after more than one year | 42 | €3,635 | €3,730 | +€95 | +2.6% |
| Trade debts | 44 | €0 | €7,929 | +€7,929 | |
| Suppliers | 440/4 | €0 | €7,929 | +€7,929 | |
| Taxes, remuneration and social security | 45 | €5,050 | €8,550 | +€3,500 | +69.3% |
| Taxes | 450/3 | €5,050 | €8,550 | +€3,500 | +69.3% |
| Other amounts payable | 47/48 | €2,002 | €45,136 | +€43,135 | +2154.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,231 | €2,796 | -€4,434 | -61.3% |
| Other operating charges | 640/8 | €281 | €373 | +€93 | +33.0% |
| Gross operating margin | 9900 | €35,510 | €52,662 | +€17,152 | +48.3% |
| Operating profit (loss) | 9901 | €27,999 | €49,492 | +€21,493 | +76.8% |
| Financial income | 75/76B | €0 | €6,994 | +€6,994 | |
| Recurring financial income | 75 | €0 | €13 | +€13 | |
| Non-recurring financial income | 76B | - | €6,981 | +€6,981 | |
| Financial charges | 65/66B | €516 | €467 | -€49 | -9.5% |
| Recurring financial charges | 65 | €516 | €467 | -€49 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €27,483 | €56,020 | +€28,536 | +103.8% |
| Income taxes | 67/77 | €4,000 | €9,981 | +€5,981 | +149.5% |
| Profit (loss) for the period | 9904 | €23,483 | €46,039 | +€22,555 | +96.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,483 | €46,039 | +€22,555 | +96.0% |
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 5 October 2026 via checked.be.