GIGA PLUS: 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 PLUS
Largest movements
- Tangible fixed assets -€26,414
down €26,414 (-8.9%), from €295,449 to €269,035
of which Land and buildings: -€18,536
- Cash +€10,089
up €10,089 (+2863.3%), from €352 to €10,441
mainly Depreciation (+€28,558)
- Profit (loss) carried forward -€15,896
down €15,896 (-5.2%), from -€304,212 to -€320,108
- Gross operating margin +€3,597
up €3,597 (+21.9%), from €16,450 to €20,047
- Depreciation -€817
down €817 (-2.8%), from €29,375 to €28,558
- Other operating charges +€270
up €270 (+3.9%), from €6,961 to €7,231
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €299,255 | €283,359 | -€15,896 | -5.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €295,449 | €269,035 | -€26,414 | -8.9% |
| Tangible fixed assets | 22/27 | €295,449 | €269,035 | -€26,414 | -8.9% |
| Land and buildings | 22 | €253,972 | €235,436 | -€18,536 | -7.3% |
| Plant, machinery and equipment | 23 | €41,477 | €33,599 | -€7,878 | -19.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €3,806 | €14,324 | +€10,518 | +276.4% |
| Amounts receivable within one year | 40/41 | €2,485 | €2,910 | +€425 | +17.1% |
| Trade receivables | 40 | €2,485 | €2,910 | +€425 | +17.1% |
| Cash at bank and in hand | 54/58 | €352 | €10,441 | +€10,089 | +2863.3% |
| Deferred charges and accrued income | 490/1 | €968 | €973 | +€5 | +0.5% |
| Total equity and liabilities | 10/49 | €299,255 | €283,359 | -€15,896 | -5.3% |
| Equity | 10/15 | -€34,212 | -€50,108 | -€15,896 | -46.5% |
| Contributions | 10/11 | €270,000 | €270,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€304,212 | -€320,108 | -€15,896 | -5.2% |
| Amounts payable | 17/49 | €333,467 | €333,467 | = | 0.0% |
| Amounts payable within one year | 42/48 | €333,467 | €333,467 | = | 0.0% |
| Advances received on contracts in progress | 46 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €331,467 | €331,467 | = | 0.0% |
| Non-recurring operating income | 76A | €813 | €2,053 | +€1,240 | +152.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,375 | €28,558 | -€817 | -2.8% |
| Other operating charges | 640/8 | €6,961 | €7,231 | +€270 | +3.9% |
| Gross operating margin | 9900 | €16,450 | €20,047 | +€3,597 | +21.9% |
| Operating profit (loss) | 9901 | -€19,885 | -€15,742 | +€4,144 | +20.8% |
| Financial charges | 65/66B | €153 | €154 | +€1 | +0.7% |
| Recurring financial charges | 65 | €153 | €154 | +€1 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,039 | -€15,896 | +€4,143 | +20.7% |
| Profit (loss) for the period | 9904 | -€20,039 | -€15,896 | +€4,143 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,039 | -€15,896 | +€4,143 | +20.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.