GIGA'S: 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.
GIGA'S
Largest movements
- Tangible fixed assets +€42,817
new in 2024: €42,817
- Cash -€30,035
down €30,035 (-96.4%), from €31,171 to €1,136
mainly Investment in fixed assets (net) (-€46,156) and Receivables within one year (-€27,987)
- Receivables within one year +€27,987
up €27,987 (+149%), from €18,817 to €46,804
of which Trade receivables: +€23,641
- Debts after one year +€53,428
new in 2024: €53,428
- Other debts -€7,363
down €7,363 (-40.7%), from €18,076 to €10,713
- Profit (loss) carried forward -€5,309
down €5,309 (-56.3%), from €9,424 to €4,116
- Gross operating margin -€6,729
down €6,729 (-52.7%), from €12,775 to €6,045
- Write-downs +€5,622
new in 2024: €5,622
- Taxes -€3,590
down €3,590 (-92.6%), from €3,876 to €287
- Depreciation +€3,339
new in 2024: €3,339
- Financial charges +€1,140
up €1,140 (+156%), from €729 to €1,869
of which Financial charges: +€1,640
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.
Derived cash bridge
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 | €60,011 | €100,883 | +€40,873 | +68.1% |
| Fixed assets | 21/28 | - | €42,817 | +€42,817 | |
| Tangible fixed assets | 22/27 | - | €42,817 | +€42,817 | |
| Other tangible fixed assets | 26 | - | €42,817 | +€42,817 | |
| Current assets | 29/58 | €60,011 | €58,066 | -€1,944 | -3.2% |
| Amounts receivable within one year | 40/41 | €18,817 | €46,804 | +€27,987 | +149% |
| Trade receivables | 40 | €18,165 | €41,806 | +€23,641 | +130% |
| Other amounts receivable | 41 | €652 | €4,998 | +€4,346 | +666% |
| Cash at bank and in hand | 54/58 | €31,171 | €1,136 | -€30,035 | -96.4% |
| Deferred charges and accrued income | 490/1 | €10,022 | €10,127 | +€104 | +1.0% |
| Total equity and liabilities | 10/49 | €60,011 | €100,883 | +€40,873 | +68.1% |
| Equity | 10/15 | €28,924 | €23,616 | -€5,309 | -18.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €17,500 | €17,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,424 | €4,116 | -€5,309 | -56.3% |
| Amounts payable | 17/49 | €31,086 | €77,267 | +€46,181 | +149% |
| Amounts payable after more than one year | 17 | - | €53,428 | +€53,428 | |
| Financial debts | 170/4 | - | €53,428 | +€53,428 | |
| Amounts payable within one year | 42/48 | €30,696 | €23,254 | -€7,442 | -24.2% |
| Trade debts | 44 | €4,710 | €4,015 | -€695 | -14.8% |
| Suppliers | 440/4 | €4,710 | €4,015 | -€695 | -14.8% |
| Taxes, remuneration and social security | 45 | €7,910 | €8,526 | +€616 | +7.8% |
| Taxes | 450/3 | €7,910 | €8,526 | +€616 | +7.8% |
| Other amounts payable | 47/48 | €18,076 | €10,713 | -€7,363 | -40.7% |
| Accrued charges and deferred income | 492/3 | €390 | €585 | +€195 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,339 | +€3,339 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,622 | +€5,622 | |
| Other operating charges | 640/8 | €493 | €236 | -€257 | -52.2% |
| Gross operating margin | 9900 | €12,775 | €6,045 | -€6,729 | -52.7% |
| Operating profit (loss) | 9901 | €12,281 | -€3,153 | -€15,434 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €729 | €1,869 | +€1,140 | +156% |
| Recurring financial charges | 65 | €229 | €1,869 | +€1,640 | +715% |
| Non-recurring financial charges | 66B | €500 | - | -€500 | |
| Profit (loss) for the period before taxes | 9903 | €11,552 | -€5,022 | -€16,574 | |
| Income taxes | 67/77 | €3,876 | €287 | -€3,590 | -92.6% |
| Profit (loss) for the period | 9904 | €7,675 | -€5,309 | -€12,984 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,675 | -€5,309 | -€12,984 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.