GIOVANNI TRANS: 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 TRANS
Largest movements
- Tangible fixed assets +€640,763
up €640,763 (+201%), from €319,000 to €959,762
- Cash -€22,403
down €22,403 (-83.3%), from €26,903 to €4,500
mainly Investment in fixed assets (net) (-€660,000) and Net result for the year (-€66,201)
- Debts after one year +€565,482
new in 2025: €565,482
- Other debts +€74,110
up €74,110 (+101%), from €73,215 to €147,325
- Profit (loss) carried forward -€66,201
down €66,201 (-43.9%), from €150,704 to €84,504
- Current portion of long-term debt +€56,803
new in 2025: €56,803
- Other operating charges +€90,933
up €90,933 (+1,452%), from €6,262 to €97,195
- Gross operating margin +€15,188
up €15,188 (+28.7%), from €52,929 to €68,116
- Financial charges +€11,496
up €11,496 (+180%), from €6,389 to €17,885
- Depreciation +€8,237
up €8,237 (+74.9%), from €11,000 to €19,237
- Taxes -€7,319
no longer reported in 2025 (was €7,319)
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.
Derived cash bridge
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 | €346,084 | €969,622 | +€623,539 | +180% |
| Fixed assets | 21/28 | €319,000 | €959,762 | +€640,763 | +201% |
| Tangible fixed assets | 22/27 | €319,000 | €959,762 | +€640,763 | +201% |
| Land and buildings | 22 | €319,000 | €959,762 | +€640,763 | +201% |
| Current assets | 29/58 | €27,084 | €9,860 | -€17,224 | -63.6% |
| Amounts receivable within one year | 40/41 | €181 | €5,360 | +€5,179 | +2,867% |
| Other amounts receivable | 41 | €181 | €5,360 | +€5,179 | +2,867% |
| Cash at bank and in hand | 54/58 | €26,903 | €4,500 | -€22,403 | -83.3% |
| Total equity and liabilities | 10/49 | €346,084 | €969,622 | +€623,539 | +180% |
| Equity | 10/15 | €253,897 | €187,696 | -€66,201 | -26.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,192 | €3,192 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,192 | €3,192 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,192 | €3,192 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,704 | €84,504 | -€66,201 | -43.9% |
| Amounts payable | 17/49 | €92,187 | €781,926 | +€689,739 | +748% |
| Amounts payable after more than one year | 17 | - | €565,482 | +€565,482 | |
| Financial debts | 170/4 | - | €565,482 | +€565,482 | |
| Amounts payable within one year | 42/48 | €88,077 | €212,714 | +€124,637 | +142% |
| Current portion of amounts payable after more than one year | 42 | - | €56,803 | +€56,803 | |
| Trade debts | 44 | €2,028 | €725 | -€1,303 | -64.2% |
| Suppliers | 440/4 | €2,028 | €725 | -€1,303 | -64.2% |
| Advances received on contracts in progress | 46 | €4,500 | €4,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,334 | €3,360 | -€4,974 | -59.7% |
| Taxes | 450/3 | €8,334 | €3,360 | -€4,974 | -59.7% |
| Other amounts payable | 47/48 | €73,215 | €147,325 | +€74,110 | +101% |
| Accrued charges and deferred income | 492/3 | €4,110 | €3,730 | -€380 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,000 | €19,237 | +€8,237 | +74.9% |
| Other operating charges | 640/8 | €6,262 | €97,195 | +€90,933 | +1,452% |
| Gross operating margin | 9900 | €52,929 | €68,116 | +€15,188 | +28.7% |
| Operating profit (loss) | 9901 | €35,666 | -€48,316 | -€83,982 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,389 | €17,885 | +€11,496 | +180% |
| Recurring financial charges | 65 | €6,389 | €17,885 | +€11,496 | +180% |
| Profit (loss) for the period before taxes | 9903 | €29,277 | -€66,201 | -€95,478 | |
| Income taxes | 67/77 | €7,319 | - | -€7,319 | |
| Profit (loss) for the period | 9904 | €21,958 | -€66,201 | -€88,159 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,958 | -€66,201 | -€88,159 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.