GINV: 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.
GINV
Largest movements
- Current assets +€998,049
up €998,049 (+3458.9%), from €28,855 to €1.0m
- Tangible fixed assets -€93,993
down €93,993 (-2.4%), from €3.9m to €3.8m
- Debts within one year +€999,841
up €999,841 (+19.4%), from €5.1m to €6.1m
- Profit (loss) carried forward -€95,785
down €95,785 (-7.1%), from -€1.3m to -€1.4m
- Gross operating margin +€7,679
up €7,679 (+21.3%), from €36,050 to €43,729
- Depreciation +€3,668
up €3,668 (+2.9%), from €127,001 to €130,668
From the 2008 result to the 2009 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2008 | 2009 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,895,382 | €4,799,438 | +€904,056 | +23.2% |
| Fixed assets | 21/28 | €3,866,527 | €3,772,534 | -€93,993 | -2.4% |
| Tangible fixed assets | 22/27 | €3,866,527 | €3,772,534 | -€93,993 | -2.4% |
| Current assets | 29/58 | €28,855 | €1,026,904 | +€998,049 | +3458.9% |
| Amounts receivable within one year | 40/41 | €6,103 | €5,495 | -€608 | -10.0% |
| Cash at bank and in hand | 54/58 | €22,752 | €21,409 | -€1,342 | -5.9% |
| Total equity and liabilities | 10/49 | €3,895,382 | €4,799,438 | +€904,056 | +23.2% |
| Equity | 10/15 | -€1,252,540 | -€1,348,325 | -€95,785 | -7.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €30,176 | €30,176 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,344,689 | -€1,440,474 | -€95,785 | -7.1% |
| Amounts payable | 17/49 | €5,147,922 | €6,147,763 | +€999,841 | +19.4% |
| Amounts payable within one year | 42/48 | €5,147,922 | €6,147,763 | +€999,841 | +19.4% |
| Trade debts | 44 | - | €1,663 | +€1,663 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,001 | €130,668 | +€3,668 | +2.9% |
| Gross operating margin | 9900 | €36,050 | €43,729 | +€7,679 | +21.3% |
| Operating profit (loss) | 9901 | -€98,289 | -€95,805 | +€2,483 | +2.5% |
| Recurring financial income | 75 | €477 | €85 | -€392 | -82.2% |
| Recurring financial charges | 65 | €110 | €65 | -€45 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | -€97,922 | -€95,785 | +€2,137 | +2.2% |
| Profit (loss) for the period | 9904 | -€97,922 | -€95,785 | +€2,137 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,922 | -€95,785 | +€2,137 | +2.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2008 and 31 December 2009. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.