GIJCLA: 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.
What changed
GIJCLA
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€52,693
2024 · -€3,446+€56,139
Equity
€14.1m
2024 · €14.0m+€52,693
Cash
€133,114
2024 · €29,945+€103,170
Balance sheet total
€15.0m
2024 · €15.5m-€546,515
Largest movements
Assets
- Financial fixed assets -€1.2m
down €1.2m (-18.6%), from €6.3m to €5.2m
- Receivables within one year +€801,834
up €801,834 (+111.2%), from €721,397 to €1.5m
of which Other amounts receivable: +€801,834
Equity and liabilities
- Other debts -€428,615
down €428,615 (-96.9%), from €442,267 to €13,652
Income statement
- Financial charges +€104,209
up €104,209 (+128.2%), from €81,310 to €185,519
- Gross operating margin +€95,047
up €95,047 (+114.2%), from €83,201 to €178,248
- Financial income +€64,616
up €64,616 (+25.1%), from €257,689 to €322,305
- Depreciation +€11,030
up €11,030 (+5.1%), from €214,702 to €225,732
- Other operating charges -€10,903
down €10,903 (-23.5%), from €46,472 to €35,569
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.
Result 2024
-€3,446
Gross operating margin
+€95,047
Depreciation
-€11,030
Other operating charges
+€10,903
Financial income
+€64,616
Financial charges
-€104,209
Taxes
+€812
Result 2025
€52,693
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.
From operations
-€991,842
Investment
+€1.2m
Financing
-€124,570
Cash 2024
€29,945
From operations (derived)
-€991,842
Net result for the year
+€52,693
Depreciation
+€225,732
Receivables within one year
-€801,834
Deferred charges and accrued income
+€6,205
Provisions
-€30,000
Trade debts
-€19,639
Smaller working-capital items
+€3,616
Other debts
-€428,615
Investment (derived)
+€1.2m
Investment in fixed assets (net)
+€1.1m
Current investments
+€142,273
Financing
-€124,570
Debts after one year
-€140,188
Current portion of long-term debt
+€15,618
Cash 2025
€133,114
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,548,303 | €15,001,788 | -€546,515 | -3.5% |
| Fixed assets | 21/28 | €10,938,279 | €9,635,238 | -€1.3m | -11.9% |
| Tangible fixed assets | 22/27 | €4,594,263 | €4,469,691 | -€124,571 | -2.7% |
| Land and buildings | 22 | €4,367,230 | €4,219,664 | -€147,565 | -3.4% |
| Plant, machinery and equipment | 23 | €26,366 | €27,519 | +€1,153 | +4.4% |
| Furniture and vehicles | 24 | €197,467 | €219,308 | +€21,841 | +11.1% |
| Other tangible fixed assets | 26 | €3,200 | €3,200 | = | 0.0% |
| Financial fixed assets | 28 | €6,344,016 | €5,165,547 | -€1.2m | -18.6% |
| Current assets | 29/58 | €4,610,024 | €5,366,550 | +€756,526 | +16.4% |
| Amounts receivable within one year | 40/41 | €721,397 | €1,523,232 | +€801,834 | +111.2% |
| Trade receivables | 40 | €8,390 | €8,390 | = | 0.0% |
| Other amounts receivable | 41 | €713,007 | €1,514,842 | +€801,834 | +112.5% |
| Current investments | 50/53 | €3,840,328 | €3,698,055 | -€142,273 | -3.7% |
| Cash at bank and in hand | 54/58 | €29,945 | €133,114 | +€103,170 | +344.5% |
| Deferred charges and accrued income | 490/1 | €18,354 | €12,149 | -€6,205 | -33.8% |
| Total equity and liabilities | 10/49 | €15,548,303 | €15,001,788 | -€546,515 | -3.5% |
| Equity | 10/15 | €14,038,078 | €14,090,771 | +€52,693 | +0.4% |
| Contributions | 10/11 | €12,764,511 | €12,764,511 | = | 0.0% |
| Reserves | 13 | €1,273,568 | €1,326,260 | +€52,693 | +4.1% |
| Distributable reserves | 133 | €1,273,568 | €1,326,260 | +€52,693 | +4.1% |
| Provisions and deferred taxes | 16 | €30,000 | - | -€30,000 | |
| Provisions for liabilities and charges | 160/5 | €30,000 | - | -€30,000 | |
| Pensions and similar obligations | 160 | €30,000 | - | -€30,000 | |
| Amounts payable | 17/49 | €1,480,225 | €911,017 | -€569,208 | -38.5% |
| Amounts payable after more than one year | 17 | €812,911 | €672,723 | -€140,188 | -17.2% |
| Financial debts | 170/4 | €812,911 | €672,723 | -€140,188 | -17.2% |
| Amounts payable within one year | 42/48 | €667,314 | €236,534 | -€430,780 | -64.6% |
| Current portion of amounts payable after more than one year | 42 | €186,422 | €202,040 | +€15,618 | +8.4% |
| Trade debts | 44 | €32,066 | €12,427 | -€19,639 | -61.2% |
| Suppliers | 440/4 | €32,066 | €12,427 | -€19,639 | -61.2% |
| Taxes, remuneration and social security | 45 | €6,559 | €8,415 | +€1,856 | +28.3% |
| Taxes | 450/3 | €6,559 | €8,415 | +€1,856 | +28.3% |
| Other amounts payable | 47/48 | €442,267 | €13,652 | -€428,615 | -96.9% |
| Accrued charges and deferred income | 492/3 | - | €1,760 | +€1,760 | |
| Non-recurring operating income | 76A | €10,000 | €30,000 | +€20,000 | +200.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,702 | €225,732 | +€11,030 | +5.1% |
| Other operating charges | 640/8 | €46,472 | €35,569 | -€10,903 | -23.5% |
| Gross operating margin | 9900 | €83,201 | €178,248 | +€95,047 | +114.2% |
| Operating profit (loss) | 9901 | -€177,973 | -€83,053 | +€94,920 | +53.3% |
| Financial income | 75/76B | €257,689 | €322,305 | +€64,616 | +25.1% |
| Recurring financial income | 75 | €257,689 | €322,305 | +€64,616 | +25.1% |
| Financial charges | 65/66B | €81,310 | €185,519 | +€104,209 | +128.2% |
| Recurring financial charges | 65 | €81,310 | €185,519 | +€104,209 | +128.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,594 | €53,732 | +€55,327 | |
| Income taxes | 67/77 | €1,852 | €1,040 | -€812 | -43.9% |
| Profit (loss) for the period | 9904 | -€3,446 | €52,693 | +€56,139 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,446 | €52,693 | +€56,139 |
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 4 October 2026 via checked.be.