Giovia: 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.
Giovia
Largest movements
- Cash +€36,069
up €36,069 (+115.6%), from €31,192 to €67,261
mainly Net result for the year (+€71,522) and Other debts (+€40,629)
- Receivables within one year +€5,121
up €5,121 (+19.3%), from €26,578 to €31,699
of which Other amounts receivable: +€2,787
- Tangible fixed assets -€1,600
down €1,600 (-45.9%), from €3,484 to €1,884
- Other debts +€40,629
up €40,629 (+131.5%), from €30,892 to €71,522
- Trade debts -€1,530
down €1,530 (-95.9%), from €1,595 to €65
- Gross operating margin +€38,783
up €38,783 (+63.3%), from €61,275 to €100,058
- Taxes +€10,005
up €10,005 (+96.8%), from €10,335 to €20,340
- Staff costs +€1,882
up €1,882 (+114.7%), from €1,640 to €3,521
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.
Cash bridge derived
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 | €61,254 | €100,844 | +€39,590 | +64.6% |
| Fixed assets | 21/28 | €3,484 | €1,884 | -€1,600 | -45.9% |
| Tangible fixed assets | 22/27 | €3,484 | €1,884 | -€1,600 | -45.9% |
| Furniture and vehicles | 24 | €3,484 | €1,884 | -€1,600 | -45.9% |
| Current assets | 29/58 | €57,770 | €98,961 | +€41,190 | +71.3% |
| Amounts receivable within one year | 40/41 | €26,578 | €31,699 | +€5,121 | +19.3% |
| Trade receivables | 40 | €14,969 | €17,303 | +€2,334 | +15.6% |
| Other amounts receivable | 41 | €11,609 | €14,396 | +€2,787 | +24.0% |
| Cash at bank and in hand | 54/58 | €31,192 | €67,261 | +€36,069 | +115.6% |
| Total equity and liabilities | 10/49 | €61,254 | €100,844 | +€39,590 | +64.6% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,654 | €82,244 | +€39,590 | +92.8% |
| Amounts payable within one year | 42/48 | €42,654 | €82,244 | +€39,590 | +92.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,595 | €65 | -€1,530 | -95.9% |
| Suppliers | 440/4 | €1,595 | €65 | -€1,530 | -95.9% |
| Taxes, remuneration and social security | 45 | €10,167 | €10,658 | +€491 | +4.8% |
| Taxes | 450/3 | €10,167 | €10,658 | +€491 | +4.8% |
| Other amounts payable | 47/48 | €30,892 | €71,522 | +€40,629 | +131.5% |
| Remuneration, social security and pensions | 62 | €1,640 | €3,521 | +€1,882 | +114.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,316 | €1,600 | +€284 | +21.6% |
| Other operating charges | 640/8 | €452 | €517 | +€65 | +14.3% |
| Gross operating margin | 9900 | €61,275 | €100,058 | +€38,783 | +63.3% |
| Operating profit (loss) | 9901 | €57,868 | €94,420 | +€36,552 | +63.2% |
| Financial income | 75/76B | €178 | €703 | +€525 | +295.3% |
| Recurring financial income | 75 | €178 | €703 | +€525 | +295.3% |
| Financial charges | 65/66B | €2,533 | €3,261 | +€728 | +28.7% |
| Recurring financial charges | 65 | €2,533 | €3,261 | +€728 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €55,512 | €91,861 | +€36,349 | +65.5% |
| Income taxes | 67/77 | €10,335 | €20,340 | +€10,005 | +96.8% |
| Profit (loss) for the period | 9904 | €45,177 | €71,522 | +€26,344 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,177 | €71,522 | +€26,344 | +58.3% |
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 9 October 2026 via checked.be.