GIJO: 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.
GIJO
Largest movements
- Cash -€10,985
down €10,985 (-75.3%), from €14,581 to €3,597
mainly Net result for the year (-€23,334) and Investment in fixed assets (net) (-€9,385)
- Receivables within one year -€9,686
down €9,686 (-98.5%), from €9,830 to €144
of which Trade receivables: -€9,830
- Tangible fixed assets -€7,907
down €7,907 (-1.5%), from €542,352 to €534,445
of which Land and buildings: -€14,657
- Reserves -€23,334
down €23,334 (-12.2%), from €191,038 to €167,703
- Other debts -€7,920
down €7,920 (-3.8%), from €206,869 to €198,949
- Gross operating margin -€7,915
down €7,915, from €6,432 to -€1,483
- Financial charges -€1,537
down €1,537 (-90.0%), from €1,708 to €171
- Depreciation -€117
down €117 (-0.7%), from €17,408 to €17,291
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 | €566,763 | €538,185 | -€28,578 | -5.0% |
| Fixed assets | 21/28 | €542,352 | €534,445 | -€7,907 | -1.5% |
| Tangible fixed assets | 22/27 | €542,352 | €534,445 | -€7,907 | -1.5% |
| Land and buildings | 22 | €542,352 | €527,694 | -€14,657 | -2.7% |
| Plant, machinery and equipment | 23 | - | €6,751 | +€6,751 | |
| Current assets | 29/58 | €24,412 | €3,741 | -€20,671 | -84.7% |
| Amounts receivable within one year | 40/41 | €9,830 | €144 | -€9,686 | -98.5% |
| Trade receivables | 40 | €9,830 | - | -€9,830 | |
| Other amounts receivable | 41 | - | €144 | +€144 | |
| Cash at bank and in hand | 54/58 | €14,581 | €3,597 | -€10,985 | -75.3% |
| Total equity and liabilities | 10/49 | €566,763 | €538,185 | -€28,578 | -5.0% |
| Equity | 10/15 | €209,638 | €186,303 | -€23,334 | -11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €191,038 | €167,703 | -€23,334 | -12.2% |
| Distributable reserves | 133 | €191,038 | €167,703 | -€23,334 | -12.2% |
| Amounts payable | 17/49 | €357,126 | €351,882 | -€5,244 | -1.5% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €207,064 | €199,932 | -€7,132 | -3.4% |
| Trade debts | 44 | €195 | €983 | +€788 | +404.2% |
| Suppliers | 440/4 | €195 | €983 | +€788 | +404.2% |
| Other amounts payable | 47/48 | €206,869 | €198,949 | -€7,920 | -3.8% |
| Accrued charges and deferred income | 492/3 | €62 | €1,950 | +€1,888 | +3045.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,408 | €17,291 | -€117 | -0.7% |
| Other operating charges | 640/8 | €4,384 | €4,395 | +€11 | +0.3% |
| Gross operating margin | 9900 | €6,432 | -€1,483 | -€7,915 | |
| Operating profit (loss) | 9901 | -€15,360 | -€23,170 | -€7,810 | -50.8% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €1,708 | €171 | -€1,537 | -90.0% |
| Recurring financial charges | 65 | €1,708 | €171 | -€1,537 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,068 | -€23,334 | -€6,266 | -36.7% |
| Profit (loss) for the period | 9904 | -€17,068 | -€23,334 | -€6,266 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,068 | -€23,334 | -€6,266 | -36.7% |
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 6 October 2026 via checked.be.