GIOC: 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.
GIOC
Largest movements
- Tangible fixed assets -€3,542
down €3,542 (-30.7%), from €11,540 to €7,998
of which Furniture and vehicles: -€1,881
- Cash -€699
down €699 (-55.1%), from €1,268 to €569
mainly Net result for the year (-€6,411)
- Profit (loss) carried forward -€6,411
down €6,411 (-9.2%), from -€69,398 to -€75,809
- Other debts +€2,170
up €2,170 (+2.8%), from €77,763 to €79,932
- Other operating charges -€4,884
down €4,884 (-98.5%), from €4,960 to €76
- Gross operating margin +€3,040
up €3,040 (+53.5%), from -€5,683 to -€2,643
- Staff costs -€1,876
no longer reported in 2025 (was €1,876)
- Depreciation -€916
down €916 (-20.6%), from €4,457 to €3,541
- Financial income -€57
no longer reported in 2025 (was €57)
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 | €14,564 | €10,323 | -€4,241 | -29.1% |
| Fixed assets | 21/28 | €11,720 | €8,178 | -€3,542 | -30.2% |
| Tangible fixed assets | 22/27 | €11,540 | €7,998 | -€3,542 | -30.7% |
| Furniture and vehicles | 24 | €3,776 | €1,895 | -€1,881 | -49.8% |
| Other tangible fixed assets | 26 | €7,764 | €6,102 | -€1,661 | -21.4% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €2,844 | €2,146 | -€699 | -24.6% |
| Amounts receivable within one year | 40/41 | €1,577 | €1,577 | = | 0.0% |
| Other amounts receivable | 41 | €1,577 | €1,577 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,268 | €569 | -€699 | -55.1% |
| Total equity and liabilities | 10/49 | €14,564 | €10,323 | -€4,241 | -29.1% |
| Equity | 10/15 | -€63,198 | -€69,609 | -€6,411 | -10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,398 | -€75,809 | -€6,411 | -9.2% |
| Amounts payable | 17/49 | €77,763 | €79,932 | +€2,170 | +2.8% |
| Amounts payable within one year | 42/48 | €77,763 | €79,932 | +€2,170 | +2.8% |
| Other amounts payable | 47/48 | €77,763 | €79,932 | +€2,170 | +2.8% |
| Non-recurring operating income | 76A | - | €136 | +€136 | |
| Remuneration, social security and pensions | 62 | €1,876 | - | -€1,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,457 | €3,541 | -€916 | -20.6% |
| Other operating charges | 640/8 | €4,960 | €76 | -€4,884 | -98.5% |
| Gross operating margin | 9900 | -€5,683 | -€2,643 | +€3,040 | +53.5% |
| Operating profit (loss) | 9901 | -€16,976 | -€6,260 | +€10,716 | +63.1% |
| Financial income | 75/76B | €57 | - | -€57 | |
| Recurring financial income | 75 | €57 | - | -€57 | |
| Financial charges | 65/66B | €140 | €151 | +€11 | +7.8% |
| Recurring financial charges | 65 | €140 | €151 | +€11 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | -€17,059 | -€6,411 | +€10,648 | +62.4% |
| Profit (loss) for the period | 9904 | -€17,059 | -€6,411 | +€10,648 | +62.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,059 | -€6,411 | +€10,648 | +62.4% |
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 8 October 2026 via checked.be.