GIOSOL'BAR: 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.
GIOSOL'BAR
Largest movements
- Tangible fixed assets -€5,597
down €5,597 (-52.9%), from €10,589 to €4,992
of which Furniture and vehicles: -€5,561
- Stocks and contracts +€4,835
up €4,835 (+117%), from €4,125 to €8,960
- Receivables within one year +€4,683
up €4,683 (+159%), from €2,948 to €7,631
of which Other amounts receivable: +€5,137
- Cash -€4,415
down €4,415 (-71.2%), from €6,200 to €1,786
mainly Net result for the year (-€7,487) and Stocks and contracts (-€4,835)
- Intangible fixed assets -€850
down €850 (-25.0%), from €3,400 to €2,550
- Debts after one year +€11,900
new in 2024: €11,900
- Profit (loss) carried forward -€7,487
down €7,487 (-7.6%), from -€98,594 to -€106,081
- Other debts -€4,736
down €4,736 (-24.7%), from €19,206 to €14,470
- Trade debts +€2,618
up €2,618 (+3.9%), from €67,339 to €69,957
- Tax, wage and social debts -€1,809
down €1,809 (-6.6%), from €27,608 to €25,799
of which Taxes: -€1,094
- Gross operating margin +€21,664
up €21,664 (+24.9%), from €87,056 to €108,721
- Staff costs -€13,480
down €13,480 (-12.5%), from €107,868 to €94,388
- Other operating charges +€2,034
up €2,034 (+73.9%), from €2,750 to €4,784
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,749 | €27,117 | -€632 | -2.3% |
| Fixed assets | 21/28 | €13,989 | €7,542 | -€6,447 | -46.1% |
| Intangible fixed assets | 21 | €3,400 | €2,550 | -€850 | -25.0% |
| Tangible fixed assets | 22/27 | €10,589 | €4,992 | -€5,597 | -52.9% |
| Land and buildings | 22 | €141 | €106 | -€35 | -25.0% |
| Furniture and vehicles | 24 | €10,448 | €4,887 | -€5,561 | -53.2% |
| Current assets | 29/58 | €13,760 | €19,574 | +€5,814 | +42.3% |
| Stocks and contracts in progress | 3 | €4,125 | €8,960 | +€4,835 | +117% |
| Stocks | 30/36 | €4,125 | €8,960 | +€4,835 | +117% |
| Amounts receivable within one year | 40/41 | €2,948 | €7,631 | +€4,683 | +159% |
| Trade receivables | 40 | €454 | - | -€454 | |
| Other amounts receivable | 41 | €2,494 | €7,631 | +€5,137 | +206% |
| Cash at bank and in hand | 54/58 | €6,200 | €1,786 | -€4,415 | -71.2% |
| Deferred charges and accrued income | 490/1 | €487 | €1,198 | +€711 | +146% |
| Total equity and liabilities | 10/49 | €27,749 | €27,117 | -€632 | -2.3% |
| Equity | 10/15 | -€90,234 | -€97,721 | -€7,487 | -8.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,100 | €12,100 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,594 | -€106,081 | -€7,487 | -7.6% |
| Amounts payable | 17/49 | €117,983 | €124,837 | +€6,854 | +5.8% |
| Amounts payable after more than one year | 17 | - | €11,900 | +€11,900 | |
| Financial debts | 170/4 | - | €11,900 | +€11,900 | |
| Amounts payable within one year | 42/48 | €117,983 | €112,937 | -€5,046 | -4.3% |
| Financial debts | 43 | €3,831 | €2,712 | -€1,119 | -29.2% |
| Credit institutions | 430/8 | €3,831 | €2,712 | -€1,119 | -29.2% |
| Trade debts | 44 | €67,339 | €69,957 | +€2,618 | +3.9% |
| Suppliers | 440/4 | €67,339 | €69,957 | +€2,618 | +3.9% |
| Taxes, remuneration and social security | 45 | €27,608 | €25,799 | -€1,809 | -6.6% |
| Taxes | 450/3 | €15,502 | €14,408 | -€1,094 | -7.1% |
| Remuneration and social security | 454/9 | €12,106 | €11,391 | -€715 | -5.9% |
| Other amounts payable | 47/48 | €19,206 | €14,470 | -€4,736 | -24.7% |
| Remuneration, social security and pensions | 62 | €107,868 | €94,388 | -€13,480 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,587 | €6,743 | +€156 | +2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €126 | +€126 | |
| Other operating charges | 640/8 | €2,750 | €4,784 | +€2,034 | +73.9% |
| Gross operating margin | 9900 | €87,056 | €108,721 | +€21,664 | +24.9% |
| Operating profit (loss) | 9901 | -€30,149 | €2,680 | +€32,829 | |
| Financial charges | 65/66B | €10,152 | €9,561 | -€592 | -5.8% |
| Recurring financial charges | 65 | €9,802 | €9,561 | -€241 | -2.5% |
| Non-recurring financial charges | 66B | €351 | - | -€351 | |
| Profit (loss) for the period before taxes | 9903 | -€40,301 | -€6,881 | +€33,421 | +82.9% |
| Income taxes | 67/77 | €589 | €606 | +€17 | +2.9% |
| Profit (loss) for the period | 9904 | -€40,890 | -€7,487 | +€33,404 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,890 | -€7,487 | +€33,404 | +81.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.