GINGIR: 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.
GINGIR
Largest movements
- Tangible fixed assets -€6,713
down €6,713 (-6.8%), from €98,149 to €91,435
of which Land and buildings: -€6,522
- Cash -€6,173
down €6,173 (-17.5%), from €35,279 to €29,105
mainly Debts after one year (-€9,164) and Other debts (-€4,500)
- Receivables within one year +€3,000
up €3,000 (+16483.5%), from €18 to €3,018
- Debts after one year -€9,164
down €9,164 (-39.2%), from €23,363 to €14,199
- Profit (loss) carried forward +€5,211
up €5,211 (+21.2%), from €24,618 to €29,829
- Other debts -€4,500
down €4,500 (-9.1%), from €49,500 to €45,000
- Tax, wage and social debts -€3,801
down €3,801 (-67.6%), from €5,627 to €1,825
of which Taxes: -€3,345
- Trade debts +€2,133
up €2,133 (+35.9%), from €5,945 to €8,078
- Staff costs +€13,747
up €13,747 (+97.7%), from €14,076 to €27,823
- Taxes -€7,374
no longer reported in 2025 (was €7,374)
- Gross operating margin -€1,917
down €1,917 (-4.1%), from €46,955 to €45,038
- Other operating charges -€1,093
down €1,093 (-48.7%), from €2,244 to €1,151
- Financial charges +€1,072
up €1,072 (+35.0%), from €3,067 to €4,140
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 | €136,583 | €126,696 | -€9,887 | -7.2% |
| Fixed assets | 21/28 | €98,149 | €91,435 | -€6,713 | -6.8% |
| Tangible fixed assets | 22/27 | €98,149 | €91,435 | -€6,713 | -6.8% |
| Land and buildings | 22 | €97,766 | €91,244 | -€6,522 | -6.7% |
| Furniture and vehicles | 24 | €383 | €192 | -€192 | -50.0% |
| Current assets | 29/58 | €38,434 | €35,260 | -€3,173 | -8.3% |
| Stocks and contracts in progress | 3 | €3,137 | €3,137 | = | 0.0% |
| Stocks | 30/36 | €3,137 | €3,137 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18 | €3,018 | +€3,000 | +16483.5% |
| Other amounts receivable | 41 | €18 | €3,018 | +€3,000 | +16483.5% |
| Cash at bank and in hand | 54/58 | €35,279 | €29,105 | -€6,173 | -17.5% |
| Total equity and liabilities | 10/49 | €136,583 | €126,696 | -€9,887 | -7.2% |
| Equity | 10/15 | €43,218 | €48,429 | +€5,211 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,618 | €29,829 | +€5,211 | +21.2% |
| Amounts payable | 17/49 | €93,364 | €78,266 | -€15,098 | -16.2% |
| Amounts payable after more than one year | 17 | €23,363 | €14,199 | -€9,164 | -39.2% |
| Financial debts | 170/4 | €23,363 | €14,199 | -€9,164 | -39.2% |
| Amounts payable within one year | 42/48 | €70,001 | €64,067 | -€5,934 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €8,929 | €9,164 | +€235 | +2.6% |
| Trade debts | 44 | €5,945 | €8,078 | +€2,133 | +35.9% |
| Suppliers | 440/4 | €5,945 | €8,078 | +€2,133 | +35.9% |
| Taxes, remuneration and social security | 45 | €5,627 | €1,825 | -€3,801 | -67.6% |
| Taxes | 450/3 | €4,389 | €1,044 | -€3,345 | -76.2% |
| Remuneration and social security | 454/9 | €1,238 | €781 | -€457 | -36.9% |
| Other amounts payable | 47/48 | €49,500 | €45,000 | -€4,500 | -9.1% |
| Remuneration, social security and pensions | 62 | €14,076 | €27,823 | +€13,747 | +97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,898 | €6,713 | -€184 | -2.7% |
| Other operating charges | 640/8 | €2,244 | €1,151 | -€1,093 | -48.7% |
| Gross operating margin | 9900 | €46,955 | €45,038 | -€1,917 | -4.1% |
| Operating profit (loss) | 9901 | €23,738 | €9,351 | -€14,387 | -60.6% |
| Financial charges | 65/66B | €3,067 | €4,140 | +€1,072 | +35.0% |
| Recurring financial charges | 65 | €3,067 | €4,140 | +€1,072 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €20,670 | €5,211 | -€15,459 | -74.8% |
| Income taxes | 67/77 | €7,374 | - | -€7,374 | |
| Profit (loss) for the period | 9904 | €13,296 | €5,211 | -€8,086 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,296 | €5,211 | -€8,086 | -60.8% |
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.