Ginger: 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.
Ginger
Largest movements
- Cash +€25,807
up €25,807 (+12.9%), from €199,369 to €225,176
mainly Net result for the year (+€35,968) and Depreciation (+€4,946)
- Tangible fixed assets -€4,946
down €4,946 (-48.3%), from €10,241 to €5,295
- Receivables within one year +€4,465
up €4,465 (+34.3%), from €13,025 to €17,490
- Reserves +€35,968
up €35,968 (+22.9%), from €156,773 to €192,741
of which Distributable reserves: +€35,968
- Other debts -€8,989
down €8,989 (-44.0%), from €20,448 to €11,459
- Gross operating margin +€38,555
up €38,555 (+181%), from €21,282 to €59,837
- Taxes +€13,635
up €13,635 (+248%), from €5,497 to €19,132
- Depreciation -€768
down €768 (-13.4%), from €5,714 to €4,946
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 | €222,763 | €247,961 | +€25,198 | +11.3% |
| Fixed assets | 21/28 | €10,241 | €5,295 | -€4,946 | -48.3% |
| Tangible fixed assets | 22/27 | €10,241 | €5,295 | -€4,946 | -48.3% |
| Furniture and vehicles | 24 | €10,241 | €5,295 | -€4,946 | -48.3% |
| Current assets | 29/58 | €212,522 | €242,665 | +€30,143 | +14.2% |
| Amounts receivable within one year | 40/41 | €13,025 | €17,490 | +€4,465 | +34.3% |
| Trade receivables | 40 | €13,025 | €17,490 | +€4,465 | +34.3% |
| Cash at bank and in hand | 54/58 | €199,369 | €225,176 | +€25,807 | +12.9% |
| Deferred charges and accrued income | 490/1 | €128 | €0 | -€128 | -100% |
| Total equity and liabilities | 10/49 | €222,763 | €247,961 | +€25,198 | +11.3% |
| Equity | 10/15 | €175,373 | €211,341 | +€35,968 | +20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,773 | €192,741 | +€35,968 | +22.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €154,913 | €190,881 | +€35,968 | +23.2% |
| Amounts payable | 17/49 | €47,390 | €36,619 | -€10,770 | -22.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €47,390 | €36,619 | -€10,770 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €343 | €0 | -€343 | -100% |
| Trade debts | 44 | €1,901 | €1,359 | -€542 | -28.5% |
| Suppliers | 440/4 | €1,901 | €1,359 | -€542 | -28.5% |
| Taxes, remuneration and social security | 45 | €24,697 | €23,802 | -€895 | -3.6% |
| Taxes | 450/3 | €24,697 | €21,170 | -€3,527 | -14.3% |
| Remuneration and social security | 454/9 | €0 | €2,631 | +€2,631 | |
| Other amounts payable | 47/48 | €20,448 | €11,459 | -€8,989 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,714 | €4,946 | -€768 | -13.4% |
| Other operating charges | 640/8 | €725 | €684 | -€42 | -5.7% |
| Gross operating margin | 9900 | €21,282 | €59,837 | +€38,555 | +181% |
| Operating profit (loss) | 9901 | €14,843 | €54,208 | +€39,365 | +265% |
| Financial income | 75/76B | €1,705 | €1,594 | -€111 | -6.5% |
| Recurring financial income | 75 | €1,705 | €1,594 | -€111 | -6.5% |
| Financial charges | 65/66B | €430 | €701 | +€272 | +63.2% |
| Recurring financial charges | 65 | €430 | €701 | +€272 | +63.2% |
| Profit (loss) for the period before taxes | 9903 | €16,119 | €55,100 | +€38,982 | +242% |
| Income taxes | 67/77 | €5,497 | €19,132 | +€13,635 | +248% |
| Profit (loss) for the period | 9904 | €10,622 | €35,968 | +€25,346 | +239% |
| Profit (loss) for the period to be appropriated | 9905 | €10,622 | €35,968 | +€25,346 | +239% |
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 26 October 2026 via checked.be.