GIJUTSU: 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.
GIJUTSU
Largest movements
- Cash +€23,198
up €23,198 (+44.3%), from €52,330 to €75,528
mainly Net result for the year (+€58,138) and Depreciation (+€14,099)
- Tangible fixed assets -€12,358
down €12,358 (-26.6%), from €46,541 to €34,183
of which Furniture and vehicles: -€12,169
- Receivables within one year +€4,329
up €4,329 (+59.6%), from €7,260 to €11,589
of which Other amounts receivable: +€4,669
- Reserves +€28,138
up €28,138 (+20.1%), from €139,750 to €167,888
- Tax, wage and social debts -€10,111
down €10,111 (-29.2%), from €34,593 to €24,482
of which Taxes: -€13,091
- Gross operating margin +€32,189
up €32,189 (+50.5%), from €63,726 to €95,915
- Taxes +€12,555
up €12,555 (+121%), from €10,334 to €22,889
- Financial income +€1,803
up €1,803 (+256%), from €704 to €2,508
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 | €208,324 | €224,259 | +€15,935 | +7.6% |
| Fixed assets | 21/28 | €46,541 | €34,183 | -€12,358 | -26.6% |
| Tangible fixed assets | 22/27 | €46,541 | €34,183 | -€12,358 | -26.6% |
| Plant, machinery and equipment | 23 | €347 | €158 | -€189 | -54.5% |
| Furniture and vehicles | 24 | €46,194 | €34,025 | -€12,169 | -26.3% |
| Current assets | 29/58 | €161,782 | €190,076 | +€28,293 | +17.5% |
| Amounts receivable within one year | 40/41 | €7,260 | €11,589 | +€4,329 | +59.6% |
| Trade receivables | 40 | €7,260 | €6,920 | -€340 | -4.7% |
| Other amounts receivable | 41 | - | €4,669 | +€4,669 | |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €52,330 | €75,528 | +€23,198 | +44.3% |
| Deferred charges and accrued income | 490/1 | €2,192 | €2,958 | +€766 | +34.9% |
| Total equity and liabilities | 10/49 | €208,324 | €224,259 | +€15,935 | +7.6% |
| Equity | 10/15 | €144,750 | €172,888 | +€28,138 | +19.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €139,750 | €167,888 | +€28,138 | +20.1% |
| Distributable reserves | 133 | €139,750 | €167,888 | +€28,138 | +20.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €63,573 | €51,370 | -€12,203 | -19.2% |
| Amounts payable within one year | 42/48 | €61,363 | €48,803 | -€12,560 | -20.5% |
| Trade debts | 44 | €2,301 | €1,707 | -€594 | -25.8% |
| Suppliers | 440/4 | €2,301 | €1,707 | -€594 | -25.8% |
| Taxes, remuneration and social security | 45 | €34,593 | €24,482 | -€10,111 | -29.2% |
| Taxes | 450/3 | €34,593 | €21,502 | -€13,091 | -37.8% |
| Remuneration and social security | 454/9 | €0 | €2,980 | +€2,980 | |
| Other amounts payable | 47/48 | €24,469 | €22,614 | -€1,855 | -7.6% |
| Accrued charges and deferred income | 492/3 | €2,211 | €2,567 | +€357 | +16.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,751 | €14,099 | +€347 | +2.5% |
| Other operating charges | 640/8 | €718 | €1,172 | +€454 | +63.2% |
| Gross operating margin | 9900 | €63,726 | €95,915 | +€32,189 | +50.5% |
| Operating profit (loss) | 9901 | €49,257 | €80,645 | +€31,388 | +63.7% |
| Financial income | 75/76B | €704 | €2,508 | +€1,803 | +256% |
| Recurring financial income | 75 | €704 | €2,508 | +€1,803 | +256% |
| Financial charges | 65/66B | €2,111 | €2,125 | +€14 | +0.7% |
| Recurring financial charges | 65 | €2,111 | €2,125 | +€14 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €47,851 | €81,027 | +€33,176 | +69.3% |
| Income taxes | 67/77 | €10,334 | €22,889 | +€12,555 | +121% |
| Profit (loss) for the period | 9904 | €37,516 | €58,138 | +€20,622 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,516 | €58,138 | +€20,622 | +55.0% |
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 15 October 2026 via checked.be.