GINO & GIOVANNI: 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.
GINO & GIOVANNI
Largest movements
- Receivables within one year +€1,270
up €1,270 (+15.8%), from €8,018 to €9,288
- Cash +€1,182
up €1,182 (+3.8%), from €31,214 to €32,397
mainly Trade debts (+€12,266) and Stocks and contracts (+€155)
- Trade debts +€12,266
up €12,266 (+81.4%), from €15,076 to €27,342
- Other debts -€5,746
down €5,746 (-78.9%), from €7,284 to €1,538
- Tax, wage and social debts -€3,676
down €3,676 (-41.5%), from €8,866 to €5,190
of which Taxes: -€3,676
- Gross operating margin -€9,019
down €9,019 (-69.1%), from €13,053 to €4,034
- Taxes -€1,550
down €1,550 (-59.9%), from €2,589 to €1,040
- Other operating charges -€1,223
down €1,223 (-53.0%), from €2,306 to €1,083
- Financial charges -€869
down €869 (-27.9%), from €3,116 to €2,247
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 | €43,242 | €45,550 | +€2,308 | +5.3% |
| Fixed assets | 21/28 | €1,133 | €1,133 | = | 0.0% |
| Financial fixed assets | 28 | €1,133 | €1,133 | = | 0.0% |
| Current assets | 29/58 | €42,109 | €44,417 | +€2,308 | +5.5% |
| Stocks and contracts in progress | 3 | €2,265 | €2,110 | -€155 | -6.8% |
| Stocks | 30/36 | €2,265 | €2,110 | -€155 | -6.8% |
| Amounts receivable within one year | 40/41 | €8,018 | €9,288 | +€1,270 | +15.8% |
| Trade receivables | 40 | €8,018 | €9,288 | +€1,270 | +15.8% |
| Cash at bank and in hand | 54/58 | €31,214 | €32,397 | +€1,182 | +3.8% |
| Deferred charges and accrued income | 490/1 | €613 | €622 | +€10 | +1.6% |
| Total equity and liabilities | 10/49 | €43,242 | €45,550 | +€2,308 | +5.3% |
| Equity | 10/15 | €11,067 | €10,731 | -€336 | -3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,533 | -€7,869 | -€336 | -4.5% |
| Amounts payable | 17/49 | €32,176 | €34,819 | +€2,643 | +8.2% |
| Amounts payable within one year | 42/48 | €31,226 | €34,069 | +€2,843 | +9.1% |
| Trade debts | 44 | €15,076 | €27,342 | +€12,266 | +81.4% |
| Suppliers | 440/4 | €15,076 | €27,342 | +€12,266 | +81.4% |
| Taxes, remuneration and social security | 45 | €8,866 | €5,190 | -€3,676 | -41.5% |
| Taxes | 450/3 | €8,834 | €5,157 | -€3,676 | -41.6% |
| Remuneration and social security | 454/9 | €33 | €33 | = | 0.0% |
| Other amounts payable | 47/48 | €7,284 | €1,538 | -€5,746 | -78.9% |
| Accrued charges and deferred income | 492/3 | €950 | €750 | -€200 | -21.1% |
| Other operating charges | 640/8 | €2,306 | €1,083 | -€1,223 | -53.0% |
| Gross operating margin | 9900 | €13,053 | €4,034 | -€9,019 | -69.1% |
| Operating profit (loss) | 9901 | €10,747 | €2,951 | -€7,796 | -72.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.2% |
| Financial charges | 65/66B | €3,116 | €2,247 | -€869 | -27.9% |
| Recurring financial charges | 65 | €3,116 | €2,247 | -€869 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €7,632 | €704 | -€6,928 | -90.8% |
| Income taxes | 67/77 | €2,589 | €1,040 | -€1,550 | -59.9% |
| Profit (loss) for the period | 9904 | €5,042 | -€336 | -€5,378 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,042 | -€336 | -€5,378 |
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 11 October 2026 via checked.be.