Giovannimmo: 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.
Giovannimmo
Largest movements
- Cash +€113,974
up €113,974 (+54.4%), from €209,571 to €323,545
mainly Debts after one year (+€232,106) and Depreciation (+€213,302)
- Tangible fixed assets +€111,421
up €111,421 (+6.1%), from €1.8m to €1.9m
- Receivables within one year +€36,941
up €36,941 (+519%), from €7,112 to €44,053
- Debts after one year +€232,106
up €232,106 (+24.4%), from €950,604 to €1.2m
- Other debts +€46,042
up €46,042 (+9.2%), from €501,811 to €547,854
- Depreciation +€67,094
up €67,094 (+45.9%), from €146,208 to €213,302
- Gross operating margin -€56,953
down €56,953 (-14.0%), from €408,116 to €351,162
- Taxes -€41,367
down €41,367 (-98.5%), from €41,982 to €615
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 | €2,049,053 | €2,311,573 | +€262,520 | +12.8% |
| Fixed assets | 21/28 | €1,821,869 | €1,933,290 | +€111,421 | +6.1% |
| Tangible fixed assets | 22/27 | €1,821,869 | €1,933,290 | +€111,421 | +6.1% |
| Land and buildings | 22 | €1,821,869 | €1,933,290 | +€111,421 | +6.1% |
| Current assets | 29/58 | €227,184 | €378,284 | +€151,099 | +66.5% |
| Amounts receivable within one year | 40/41 | €7,112 | €44,053 | +€36,941 | +519% |
| Other amounts receivable | 41 | €7,112 | €44,053 | +€36,941 | +519% |
| Cash at bank and in hand | 54/58 | €209,571 | €323,545 | +€113,974 | +54.4% |
| Deferred charges and accrued income | 490/1 | €10,502 | €10,686 | +€184 | +1.8% |
| Total equity and liabilities | 10/49 | €2,049,053 | €2,311,573 | +€262,520 | +12.8% |
| Equity | 10/15 | €394,479 | €394,479 | = | 0.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €375,887 | €375,887 | = | 0.0% |
| Distributable reserves | 133 | €375,887 | €375,887 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,654,574 | €1,917,094 | +€262,520 | +15.9% |
| Amounts payable after more than one year | 17 | €950,604 | €1,182,710 | +€232,106 | +24.4% |
| Financial debts | 170/4 | €950,604 | €1,182,710 | +€232,106 | +24.4% |
| Amounts payable within one year | 42/48 | €692,720 | €723,133 | +€30,414 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €162,705 | €153,862 | -€8,843 | -5.4% |
| Trade debts | 44 | €10,601 | €9,432 | -€1,169 | -11.0% |
| Suppliers | 440/4 | €10,601 | €9,432 | -€1,169 | -11.0% |
| Taxes, remuneration and social security | 45 | €17,602 | €11,986 | -€5,617 | -31.9% |
| Taxes | 450/3 | €17,602 | €11,986 | -€5,617 | -31.9% |
| Other amounts payable | 47/48 | €501,811 | €547,854 | +€46,042 | +9.2% |
| Accrued charges and deferred income | 492/3 | €11,250 | €11,250 | = | 0.0% |
| Non-recurring operating income | 76A | €43,333 | €0 | -€43,333 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,208 | €213,302 | +€67,094 | +45.9% |
| Other operating charges | 640/8 | €17,976 | €18,108 | +€132 | +0.7% |
| Non-recurring operating charges | 66A | - | €42,279 | +€42,279 | |
| Gross operating margin | 9900 | €408,116 | €351,162 | -€56,953 | -14.0% |
| Operating profit (loss) | 9901 | €243,931 | €77,473 | -€166,458 | -68.2% |
| Financial income | 75/76B | €802 | €3,217 | +€2,415 | +301% |
| Recurring financial income | 75 | €802 | €3,217 | +€2,415 | +301% |
| Financial charges | 65/66B | €37,431 | €33,813 | -€3,618 | -9.7% |
| Recurring financial charges | 65 | €37,431 | €33,813 | -€3,618 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €207,302 | €46,877 | -€160,425 | -77.4% |
| Income taxes | 67/77 | €41,982 | €615 | -€41,367 | -98.5% |
| Profit (loss) for the period | 9904 | €165,321 | €46,263 | -€119,058 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €165,321 | €46,263 | -€119,058 | -72.0% |
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 17 October 2026 via checked.be.