GiraKi: 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.
GiraKi
Largest movements
- Receivables within one year -€4,843
down €4,843 (-29.6%), from €16,350 to €11,507
of which Trade receivables: -€6,733
- Debts after one year -€18,842
down €18,842 (-44.6%), from €42,224 to €23,382
- Reserves +€16,315
up €16,315 (+41.1%), from €39,717 to €56,031
- Tax, wage and social debts -€3,832
down €3,832 (-40.3%), from €9,503 to €5,671
- Trade debts +€1,995
up €1,995 (+71.5%), from €2,790 to €4,784
- Short-term financial debts -€1,831
down €1,831 (-36.3%), from €5,044 to €3,214
- Gross operating margin -€1,026
down €1,026 (-2.9%), from €35,926 to €34,901
- Staff costs +€543
up €543 (+28.3%), from €1,920 to €2,463
- Other operating charges +€407
up €407 (+117%), from €347 to €754
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 | €142,384 | €137,498 | -€4,886 | -3.4% |
| Fixed assets | 21/28 | €120,520 | €120,097 | -€422 | -0.4% |
| Tangible fixed assets | 22/27 | €520 | €97 | -€422 | -81.3% |
| Plant, machinery and equipment | 23 | €520 | €97 | -€422 | -81.3% |
| Financial fixed assets | 28 | €120,000 | €120,000 | = | 0.0% |
| Current assets | 29/58 | €21,865 | €17,401 | -€4,464 | -20.4% |
| Amounts receivable within one year | 40/41 | €16,350 | €11,507 | -€4,843 | -29.6% |
| Trade receivables | 40 | €16,350 | €9,617 | -€6,733 | -41.2% |
| Other amounts receivable | 41 | - | €1,890 | +€1,890 | |
| Cash at bank and in hand | 54/58 | €5,514 | €5,894 | +€379 | +6.9% |
| Total equity and liabilities | 10/49 | €142,384 | €137,498 | -€4,886 | -3.4% |
| Equity | 10/15 | €41,717 | €58,031 | +€16,315 | +39.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €39,717 | €56,031 | +€16,315 | +41.1% |
| Distributable reserves | 133 | €39,717 | €56,031 | +€16,315 | +41.1% |
| Amounts payable | 17/49 | €100,667 | €79,467 | -€21,201 | -21.1% |
| Amounts payable after more than one year | 17 | €42,224 | €23,382 | -€18,842 | -44.6% |
| Financial debts | 170/4 | €42,224 | €23,382 | -€18,842 | -44.6% |
| Amounts payable within one year | 42/48 | €58,444 | €56,085 | -€2,359 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €19,329 | €18,842 | -€487 | -2.5% |
| Financial debts | 43 | €5,044 | €3,214 | -€1,831 | -36.3% |
| Credit institutions | 430/8 | €5,044 | €3,214 | -€1,831 | -36.3% |
| Trade debts | 44 | €2,790 | €4,784 | +€1,995 | +71.5% |
| Suppliers | 440/4 | €2,790 | €4,784 | +€1,995 | +71.5% |
| Taxes, remuneration and social security | 45 | €9,503 | €5,671 | -€3,832 | -40.3% |
| Taxes | 450/3 | €9,503 | €5,671 | -€3,832 | -40.3% |
| Other amounts payable | 47/48 | €21,778 | €23,574 | +€1,796 | +8.2% |
| Remuneration, social security and pensions | 62 | €1,920 | €2,463 | +€543 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €422 | €422 | = | 0.0% |
| Other operating charges | 640/8 | €347 | €754 | +€407 | +117% |
| Gross operating margin | 9900 | €35,926 | €34,901 | -€1,026 | -2.9% |
| Operating profit (loss) | 9901 | €33,237 | €31,261 | -€1,976 | -5.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,345 | €4,205 | -€140 | -3.2% |
| Recurring financial charges | 65 | €4,345 | €4,205 | -€140 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €28,892 | €27,056 | -€1,836 | -6.4% |
| Income taxes | 67/77 | €10,631 | €10,741 | +€110 | +1.0% |
| Profit (loss) for the period | 9904 | €18,260 | €16,315 | -€1,945 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,260 | €16,315 | -€1,945 | -10.7% |
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 22 October 2026 via checked.be.