GINELL: 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.
GINELL
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€683
down €683 (-3.0%), from €22,584 to €21,901
- Debts after one year +€620
up €620 (+12.5%), from €4,955 to €5,575
- Gross operating margin -€27
down €27 (-4.1%), from -€656 to -€683
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 | €48,022 | €47,959 | -€63 | -0.1% |
| Current assets | 29/58 | €48,022 | €47,959 | -€63 | -0.1% |
| Amounts receivable after more than one year | 29 | €47,958 | €47,958 | = | 0.0% |
| Trade receivables | 290 | €7,033 | €7,033 | = | 0.0% |
| Other amounts receivable | 291 | €40,926 | €40,926 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64 | €1 | -€63 | -98.9% |
| Total equity and liabilities | 10/49 | €48,022 | €47,959 | -€63 | -0.1% |
| Equity | 10/15 | €43,035 | €42,352 | -€683 | -1.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €22,584 | €21,901 | -€683 | -3.0% |
| Amounts payable | 17/49 | €4,987 | €5,607 | +€620 | +12.4% |
| Amounts payable after more than one year | 17 | €4,955 | €5,575 | +€620 | +12.5% |
| Other amounts payable | 178/9 | €4,955 | €5,575 | +€620 | +12.5% |
| Amounts payable within one year | 42/48 | €32 | €32 | = | 0.0% |
| Trade debts | 44 | €32 | €32 | = | 0.0% |
| Suppliers | 440/4 | €32 | €32 | = | 0.0% |
| Gross operating margin | 9900 | -€656 | -€683 | -€27 | -4.1% |
| Operating profit (loss) | 9901 | -€656 | -€683 | -€27 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | -€656 | -€683 | -€27 | -4.1% |
| Profit (loss) for the period | 9904 | -€656 | -€683 | -€27 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€656 | -€683 | -€27 | -4.1% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.