GIOVANNY CONSTRUCTION: 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.
GIOVANNY CONSTRUCTION
Largest movements
- Cash +€37,935
up €37,935 (+28.8%), from €131,872 to €169,808
mainly Depreciation (+€31,744) and Net result for the year (+€31,138)
- Tangible fixed assets -€20,370
down €20,370 (-41.3%), from €49,333 to €28,963
of which Plant, machinery and equipment: -€14,565
- Intangible fixed assets -€7,500
down €7,500 (-16.7%), from €45,000 to €37,500
- Receivables within one year +€5,830
up €5,830 (+134%), from €4,342 to €10,171
of which Trade receivables: +€3,313
- Profit (loss) carried forward +€31,138
up €31,138 (+38.9%), from €80,046 to €111,184
- Other debts -€15,683
down €15,683 (-12.0%), from €130,224 to €114,541
- Trade debts +€7,712
up €7,712 (+1,170%), from €659 to €8,371
- Debts after one year -€4,192
down €4,192 (-74.6%), from €5,620 to €1,427
- Gross operating margin -€10,511
down €10,511 (-9.6%), from €110,052 to €99,541
- Financial charges +€2,419
up €2,419 (+59.4%), from €4,072 to €6,491
- Staff costs -€1,874
down €1,874 (-7.8%), from €24,174 to €22,300
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 | €231,008 | €246,522 | +€15,514 | +6.7% |
| Fixed assets | 21/28 | €94,333 | €66,463 | -€27,870 | -29.5% |
| Intangible fixed assets | 21 | €45,000 | €37,500 | -€7,500 | -16.7% |
| Tangible fixed assets | 22/27 | €49,333 | €28,963 | -€20,370 | -41.3% |
| Plant, machinery and equipment | 23 | €31,512 | €16,948 | -€14,565 | -46.2% |
| Furniture and vehicles | 24 | €17,821 | €12,015 | -€5,806 | -32.6% |
| Current assets | 29/58 | €136,676 | €180,060 | +€43,384 | +31.7% |
| Amounts receivable within one year | 40/41 | €4,342 | €10,171 | +€5,830 | +134% |
| Trade receivables | 40 | €2,086 | €5,399 | +€3,313 | +159% |
| Other amounts receivable | 41 | €2,256 | €4,772 | +€2,517 | +112% |
| Cash at bank and in hand | 54/58 | €131,872 | €169,808 | +€37,935 | +28.8% |
| Deferred charges and accrued income | 490/1 | €462 | €81 | -€381 | -82.5% |
| Total equity and liabilities | 10/49 | €231,008 | €246,522 | +€15,514 | +6.7% |
| Equity | 10/15 | €85,046 | €116,184 | +€31,138 | +36.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,046 | €111,184 | +€31,138 | +38.9% |
| Amounts payable | 17/49 | €145,963 | €130,338 | -€15,624 | -10.7% |
| Amounts payable after more than one year | 17 | €5,620 | €1,427 | -€4,192 | -74.6% |
| Financial debts | 170/4 | €5,620 | €1,427 | -€4,192 | -74.6% |
| Amounts payable within one year | 42/48 | €140,343 | €128,911 | -€11,432 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €4,062 | €4,192 | +€130 | +3.2% |
| Trade debts | 44 | €659 | €8,371 | +€7,712 | +1,170% |
| Suppliers | 440/4 | €659 | €8,371 | +€7,712 | +1,170% |
| Advances received on contracts in progress | 46 | €1,500 | €0 | -€1,500 | -100% |
| Taxes, remuneration and social security | 45 | €3,897 | €1,806 | -€2,091 | -53.7% |
| Taxes | 450/3 | €1,771 | €1,806 | +€35 | +2.0% |
| Remuneration and social security | 454/9 | €2,126 | €0 | -€2,126 | -100% |
| Other amounts payable | 47/48 | €130,224 | €114,541 | -€15,683 | -12.0% |
| Remuneration, social security and pensions | 62 | €24,174 | €22,300 | -€1,874 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,446 | €31,744 | +€298 | +0.9% |
| Gross operating margin | 9900 | €110,052 | €99,541 | -€10,511 | -9.6% |
| Operating profit (loss) | 9901 | €54,432 | €45,497 | -€8,935 | -16.4% |
| Financial income | 75/76B | €0 | €5 | +€5 | +1,193% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +1,193% |
| Financial charges | 65/66B | €4,072 | €6,491 | +€2,419 | +59.4% |
| Recurring financial charges | 65 | €4,072 | €6,491 | +€2,419 | +59.4% |
| Profit (loss) for the period before taxes | 9903 | €50,360 | €39,011 | -€11,349 | -22.5% |
| Income taxes | 67/77 | €8,727 | €7,873 | -€854 | -9.8% |
| Profit (loss) for the period | 9904 | €41,634 | €31,138 | -€10,495 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,634 | €31,138 | -€10,495 | -25.2% |
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.