GIGANT: 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.
GIGANT
Largest movements
- Cash +€8,024
up €8,024 (+12.5%), from €63,968 to €71,992
mainly Net result for the year (+€12,747) and Depreciation (+€6,538)
- Tangible fixed assets +€1,964
up €1,964 (+14.1%), from €13,966 to €15,929
of which Land and buildings: +€1,244
- Receivables within one year -€1,486
down €1,486 (-43.1%), from €3,443 to €1,958
of which Other amounts receivable: -€2,027
- Stocks and contracts -€970
down €970 (-13.6%), from €7,110 to €6,140
- Reserves +€11,081
up €11,081 (+26.9%), from €41,137 to €52,218
- Tax, wage and social debts -€2,339
down €2,339 (-29.5%), from €7,941 to €5,601
of which Remuneration and social security: -€2,002
- Gross operating margin +€6,972
up €6,972 (+24.2%), from €28,773 to €35,746
- Taxes +€4,566
up €4,566 (+168%), from €2,712 to €7,278
- Staff costs -€2,631
down €2,631 (-32.3%), from €8,154 to €5,523
- Other operating charges +€1,633
up €1,633 (+136%), from €1,197 to €2,829
- Financial charges +€507
up €507 (+104%), from €488 to €995
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 | €88,487 | €96,019 | +€7,532 | +8.5% |
| Fixed assets | 21/28 | €13,966 | €15,929 | +€1,964 | +14.1% |
| Tangible fixed assets | 22/27 | €13,966 | €15,929 | +€1,964 | +14.1% |
| Land and buildings | 22 | €1,502 | €2,746 | +€1,244 | +82.9% |
| Plant, machinery and equipment | 23 | €11,726 | €11,315 | -€411 | -3.5% |
| Furniture and vehicles | 24 | €738 | €1,868 | +€1,131 | +153% |
| Current assets | 29/58 | €74,521 | €80,089 | +€5,568 | +7.5% |
| Stocks and contracts in progress | 3 | €7,110 | €6,140 | -€970 | -13.6% |
| Stocks | 30/36 | €7,110 | €6,140 | -€970 | -13.6% |
| Amounts receivable within one year | 40/41 | €3,443 | €1,958 | -€1,486 | -43.1% |
| Trade receivables | 40 | €328 | €869 | +€541 | +165% |
| Other amounts receivable | 41 | €3,116 | €1,089 | -€2,027 | -65.1% |
| Cash at bank and in hand | 54/58 | €63,968 | €71,992 | +€8,024 | +12.5% |
| Total equity and liabilities | 10/49 | €88,487 | €96,019 | +€7,532 | +8.5% |
| Equity | 10/15 | €68,637 | €79,718 | +€11,081 | +16.1% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €41,137 | €52,218 | +€11,081 | +26.9% |
| Distributable reserves | 133 | €41,137 | €52,218 | +€11,081 | +26.9% |
| Amounts payable | 17/49 | €19,850 | €16,301 | -€3,549 | -17.9% |
| Amounts payable within one year | 42/48 | €19,850 | €16,301 | -€3,549 | -17.9% |
| Trade debts | 44 | €6,900 | €6,355 | -€545 | -7.9% |
| Suppliers | 440/4 | €6,900 | €6,355 | -€545 | -7.9% |
| Taxes, remuneration and social security | 45 | €7,941 | €5,601 | -€2,339 | -29.5% |
| Taxes | 450/3 | €3,234 | €2,897 | -€337 | -10.4% |
| Remuneration and social security | 454/9 | €4,707 | €2,704 | -€2,002 | -42.5% |
| Other amounts payable | 47/48 | €5,009 | €4,344 | -€665 | -13.3% |
| Remuneration, social security and pensions | 62 | €8,154 | €5,523 | -€2,631 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,354 | €6,538 | +€185 | +2.9% |
| Other operating charges | 640/8 | €1,197 | €2,829 | +€1,633 | +136% |
| Gross operating margin | 9900 | €28,773 | €35,746 | +€6,972 | +24.2% |
| Operating profit (loss) | 9901 | €13,069 | €20,855 | +€7,786 | +59.6% |
| Financial income | 75/76B | €361 | €165 | -€196 | -54.3% |
| Recurring financial income | 75 | €361 | €165 | -€196 | -54.3% |
| Financial charges | 65/66B | €488 | €995 | +€507 | +104% |
| Recurring financial charges | 65 | €488 | €995 | +€507 | +104% |
| Profit (loss) for the period before taxes | 9903 | €12,942 | €20,025 | +€7,083 | +54.7% |
| Income taxes | 67/77 | €2,712 | €7,278 | +€4,566 | +168% |
| Profit (loss) for the period | 9904 | €10,230 | €12,747 | +€2,516 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,230 | €12,747 | +€2,516 | +24.6% |
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 13 October 2026 via checked.be.