GIOVANNI MANAGEMENT: 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.
GIOVANNI MANAGEMENT
Largest movements
- Cash -€11,906
down €11,906 (-96.2%), from €12,371 to €466
mainly Contributions, distributions and other (-€271,724)
- Receivables within one year -€11,578
down €11,578 (-8.4%), from €137,733 to €126,155
of which Other amounts receivable: -€130,757
- Profit (loss) carried forward -€105,691
down €105,691 (-100%), from €105,691 to €0
- Tax, wage and social debts +€49,007
up €49,007 (+127%), from €38,444 to €87,452
of which Taxes: +€44,707
- Trade debts +€18,744
up €18,744 (+314%), from €5,969 to €24,712
- Current portion of long-term debt +€13,457
new in 2026: €13,457
- Gross operating margin +€105,250
up €105,250 (+99.1%), from €106,176 to €211,425
- Taxes +€27,144
up €27,144 (+115%), from €23,624 to €50,767
- Financial income +€5,657
up €5,657 (+112%), from €5,039 to €10,696
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,105 | €126,621 | -€23,484 | -15.6% |
| Current assets | 29/58 | €150,105 | €126,621 | -€23,484 | -15.6% |
| Amounts receivable within one year | 40/41 | €137,733 | €126,155 | -€11,578 | -8.4% |
| Trade receivables | 40 | €0 | €119,179 | +€119,179 | |
| Other amounts receivable | 41 | €137,733 | €6,976 | -€130,757 | -94.9% |
| Cash at bank and in hand | 54/58 | €12,371 | €466 | -€11,906 | -96.2% |
| Total equity and liabilities | 10/49 | €150,105 | €126,621 | -€23,484 | -15.6% |
| Equity | 10/15 | €105,691 | €1,000 | -€104,691 | -99.1% |
| Contributions | 10/11 | €0 | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | €105,691 | €0 | -€105,691 | -100% |
| Amounts payable | 17/49 | €44,413 | €125,621 | +€81,208 | +183% |
| Amounts payable within one year | 42/48 | €44,413 | €125,621 | +€81,208 | +183% |
| Current portion of amounts payable after more than one year | 42 | - | €13,457 | +€13,457 | |
| Trade debts | 44 | €5,969 | €24,712 | +€18,744 | +314% |
| Suppliers | 440/4 | €5,969 | €24,712 | +€18,744 | +314% |
| Taxes, remuneration and social security | 45 | €38,444 | €87,452 | +€49,007 | +127% |
| Taxes | 450/3 | €38,444 | €83,151 | +€44,707 | +116% |
| Remuneration and social security | 454/9 | - | €4,300 | +€4,300 | |
| Other operating charges | 640/8 | €2,480 | €2,110 | -€370 | -14.9% |
| Gross operating margin | 9900 | €106,176 | €211,425 | +€105,250 | +99.1% |
| Operating profit (loss) | 9901 | €103,696 | €209,315 | +€105,620 | +102% |
| Financial income | 75/76B | €5,039 | €10,696 | +€5,657 | +112% |
| Recurring financial income | 75 | €5,039 | €10,696 | +€5,657 | +112% |
| Financial charges | 65/66B | €1,044 | €2,212 | +€1,168 | +112% |
| Recurring financial charges | 65 | €1,044 | €2,212 | +€1,168 | +112% |
| Profit (loss) for the period before taxes | 9903 | €107,691 | €217,799 | +€110,108 | +102% |
| Income taxes | 67/77 | €23,624 | €50,767 | +€27,144 | +115% |
| Profit (loss) for the period | 9904 | €84,067 | €167,032 | +€82,965 | +98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €84,067 | €167,032 | +€82,965 | +98.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.