GINKGO: 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.
GINKGO
Largest movements
- Tangible fixed assets -€11,921
down €11,921 (-8.5%), from €139,682 to €127,761
of which Other tangible fixed assets: -€6,512
- Cash -€1,852
no longer reported in 2025 (was €1,852)
mainly Debts after one year (-€18,185) and Tax, wage and social debts (-€367)
- Debts after one year -€18,185
down €18,185 (-17.4%), from €104,656 to €86,471
- Other debts +€2,471
up €2,471 (+25.8%), from €9,567 to €12,038
- Gross operating margin -€5,678
down €5,678 (-23.1%), from €24,598 to €18,920
- Depreciation -€3,014
down €3,014 (-20.2%), from €14,935 to €11,921
- Financial charges -€757
down €757 (-12.5%), from €6,047 to €5,290
- Taxes -€540
down €540 (-80.0%), from €675 to €135
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 | €141,534 | €127,761 | -€13,773 | -9.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €139,682 | €127,761 | -€11,921 | -8.5% |
| Tangible fixed assets | 22/27 | €139,682 | €127,761 | -€11,921 | -8.5% |
| Land and buildings | 22 | €132,470 | €127,061 | -€5,409 | -4.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €7,212 | €700 | -€6,512 | -90.3% |
| Current assets | 29/58 | €1,852 | - | -€1,852 | |
| Cash at bank and in hand | 54/58 | €1,852 | - | -€1,852 | |
| Total equity and liabilities | 10/49 | €141,534 | €127,761 | -€13,773 | -9.7% |
| Equity | 10/15 | €8,704 | €9,057 | +€353 | +4.1% |
| Contributions | 10/11 | €6,267 | €6,267 | = | 0.0% |
| Reserves | 13 | €2,428 | €2,428 | = | 0.0% |
| Distributable reserves | 133 | €2,428 | €2,428 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9 | €362 | +€353 | +4058.9% |
| Amounts payable | 17/49 | €132,830 | €118,704 | -€14,126 | -10.6% |
| Amounts payable after more than one year | 17 | €104,656 | €86,471 | -€18,185 | -17.4% |
| Financial debts | 170/4 | €104,656 | €86,471 | -€18,185 | -17.4% |
| Amounts payable within one year | 42/48 | €28,174 | €32,232 | +€4,059 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €17,431 | €18,185 | +€753 | +4.3% |
| Financial debts | 43 | - | €1,202 | +€1,202 | |
| Credit institutions | 430/8 | - | €1,202 | +€1,202 | |
| Taxes, remuneration and social security | 45 | €1,175 | €808 | -€367 | -31.3% |
| Taxes | 450/3 | €1,175 | €808 | -€367 | -31.3% |
| Other amounts payable | 47/48 | €9,567 | €12,038 | +€2,471 | +25.8% |
| Remuneration, social security and pensions | 62 | €108 | - | -€108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,935 | €11,921 | -€3,014 | -20.2% |
| Other operating charges | 640/8 | €1,403 | €1,221 | -€182 | -13.0% |
| Gross operating margin | 9900 | €24,598 | €18,920 | -€5,678 | -23.1% |
| Operating profit (loss) | 9901 | €8,151 | €5,778 | -€2,373 | -29.1% |
| Financial charges | 65/66B | €6,047 | €5,290 | -€757 | -12.5% |
| Recurring financial charges | 65 | €6,047 | €5,290 | -€757 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €2,104 | €488 | -€1,616 | -76.8% |
| Income taxes | 67/77 | €675 | €135 | -€540 | -80.0% |
| Profit (loss) for the period | 9904 | €1,429 | €353 | -€1,075 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,429 | €353 | -€1,075 | -75.3% |
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 9 October 2026 via checked.be.