GIO-JO: 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.
GIO-JO
Largest movements
- Cash +€9,293
up €9,293 (+67.0%), from €13,862 to €23,155
mainly Other debts (+€30,561) and Net result for the year (+€4,375)
- Tangible fixed assets -€4,165
down €4,165 (-32.7%), from €12,746 to €8,582
of which Leasing and similar rights: -€2,959
- Receivables within one year -€3,063
down €3,063 (-10.6%), from €28,903 to €25,840
of which Other amounts receivable: -€1,984
- Stocks and contracts +€1,354
up €1,354 (+24.1%), from €5,618 to €6,972
- Other debts +€30,561
up €30,561 (+210.2%), from €14,538 to €45,099
- Reserves -€26,400
down €26,400 (-85.8%), from €30,775 to €4,375
- Trade debts +€2,955
up €2,955 (+201.3%), from €1,468 to €4,423
- Debts after one year -€2,931
down €2,931 (-53.1%), from €5,515 to €2,585
- Short-term financial debts -€1,016
down €1,016 (-100.0%), from €1,016 to €0
- Gross operating margin +€10,662
up €10,662 (+137.7%), from €7,743 to €18,406
- Financial charges +€3,893
up €3,893 (+1073.1%), from €363 to €4,256
- Taxes +€2,405
up €2,405 (+238.2%), from €1,010 to €3,415
- Other operating charges +€306
up €306 (+14.9%), from €2,047 to €2,353
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 | €61,130 | €64,659 | +€3,529 | +5.8% |
| Fixed assets | 21/28 | €12,746 | €8,582 | -€4,165 | -32.7% |
| Tangible fixed assets | 22/27 | €12,746 | €8,582 | -€4,165 | -32.7% |
| Land and buildings | 22 | €1,569 | €1,345 | -€224 | -14.3% |
| Plant, machinery and equipment | 23 | €797 | €537 | -€259 | -32.6% |
| Furniture and vehicles | 24 | €2,273 | €1,552 | -€722 | -31.7% |
| Leasing and similar rights | 25 | €8,107 | €5,148 | -€2,959 | -36.5% |
| Current assets | 29/58 | €48,384 | €56,078 | +€7,694 | +15.9% |
| Stocks and contracts in progress | 3 | €5,618 | €6,972 | +€1,354 | +24.1% |
| Stocks | 30/36 | €5,618 | €6,972 | +€1,354 | +24.1% |
| Amounts receivable within one year | 40/41 | €28,903 | €25,840 | -€3,063 | -10.6% |
| Trade receivables | 40 | €26,679 | €25,601 | -€1,079 | -4.0% |
| Other amounts receivable | 41 | €2,224 | €239 | -€1,984 | -89.2% |
| Cash at bank and in hand | 54/58 | €13,862 | €23,155 | +€9,293 | +67.0% |
| Deferred charges and accrued income | 490/1 | - | €110 | +€110 | |
| Total equity and liabilities | 10/49 | €61,130 | €64,659 | +€3,529 | +5.8% |
| Equity | 10/15 | €33,775 | €7,375 | -€26,400 | -78.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,775 | €4,375 | -€26,400 | -85.8% |
| Distributable reserves | 133 | €30,775 | €4,375 | -€26,400 | -85.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €27,355 | €57,284 | +€29,929 | +109.4% |
| Amounts payable after more than one year | 17 | €5,515 | €2,585 | -€2,931 | -53.1% |
| Financial debts | 170/4 | €5,515 | €2,585 | -€2,931 | -53.1% |
| Amounts payable within one year | 42/48 | €21,840 | €54,700 | +€32,860 | +150.5% |
| Current portion of amounts payable after more than one year | 42 | €2,862 | €2,931 | +€69 | +2.4% |
| Financial debts | 43 | €1,016 | €0 | -€1,016 | -100.0% |
| Credit institutions | 430/8 | €1,016 | €0 | -€1,016 | -100.0% |
| Trade debts | 44 | €1,468 | €4,423 | +€2,955 | +201.3% |
| Suppliers | 440/4 | €1,468 | €4,423 | +€2,955 | +201.3% |
| Taxes, remuneration and social security | 45 | €1,956 | €2,246 | +€291 | +14.9% |
| Taxes | 450/3 | €1,956 | €2,246 | +€291 | +14.9% |
| Other amounts payable | 47/48 | €14,538 | €45,099 | +€30,561 | +210.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,165 | €4,165 | = | 0.0% |
| Other operating charges | 640/8 | €2,047 | €2,353 | +€306 | +14.9% |
| Gross operating margin | 9900 | €7,743 | €18,406 | +€10,662 | +137.7% |
| Operating profit (loss) | 9901 | €1,532 | €11,888 | +€10,356 | +676.2% |
| Financial income | 75/76B | €7 | €158 | +€151 | +2114.3% |
| Recurring financial income | 75 | €7 | €158 | +€151 | +2114.3% |
| Financial charges | 65/66B | €363 | €4,256 | +€3,893 | +1073.1% |
| Recurring financial charges | 65 | €363 | €4,256 | +€3,893 | +1073.1% |
| Profit (loss) for the period before taxes | 9903 | €1,176 | €7,790 | +€6,614 | +562.5% |
| Income taxes | 67/77 | €1,010 | €3,415 | +€2,405 | +238.2% |
| Profit (loss) for the period | 9904 | €166 | €4,375 | +€4,209 | +2533.0% |
| Profit (loss) for the period to be appropriated | 9905 | €166 | €4,375 | +€4,209 | +2533.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.