Girayhan: 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.
Girayhan
Largest movements
- Stocks and contracts +€69,182
up €69,182 (+361%), from €19,150 to €88,332
- Receivables within one year +€5,468
up €5,468, from €0 to €5,468
of which Trade receivables: +€4,600
- Cash +€2,708
up €2,708 (+12.7%), from €21,250 to €23,958
mainly Trade debts (+€53,966) and Advances received (+€16,482)
- Trade debts +€53,966
up €53,966 (+2,506%), from €2,154 to €56,120
- Advances received +€16,482
up €16,482 (+610%), from €2,700 to €19,182
- Tax, wage and social debts +€4,284
up €4,284 (+530%), from €809 to €5,092
- Other debts +€3,216
up €3,216 (+9.9%), from €32,618 to €35,834
- Other operating charges +€1,730
up €1,730 (+605%), from €286 to €2,016
- Gross operating margin +€358
up €358 (+28.9%), from €1,238 to €1,596
- Financial charges +€190
up €190, from €0 to €190
- Financial income +€20
new in 2024: €20
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,979 | €117,910 | +€76,931 | +188% |
| Fixed assets | 21/28 | €579 | €152 | -€427 | -73.8% |
| Tangible fixed assets | 22/27 | €579 | €152 | -€427 | -73.8% |
| Plant, machinery and equipment | 23 | €579 | €152 | -€427 | -73.8% |
| Current assets | 29/58 | €40,400 | €117,758 | +€77,358 | +191% |
| Stocks and contracts in progress | 3 | €19,150 | €88,332 | +€69,182 | +361% |
| Stocks | 30/36 | €19,150 | €88,332 | +€69,182 | +361% |
| Amounts receivable within one year | 40/41 | €0 | €5,468 | +€5,468 | |
| Trade receivables | 40 | - | €4,600 | +€4,600 | |
| Other amounts receivable | 41 | €0 | €868 | +€868 | |
| Cash at bank and in hand | 54/58 | €21,250 | €23,958 | +€2,708 | +12.7% |
| Total equity and liabilities | 10/49 | €40,979 | €117,910 | +€76,931 | +188% |
| Equity | 10/15 | €2,698 | €1,682 | -€1,016 | -37.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,302 | -€3,318 | -€1,016 | -44.2% |
| Amounts payable | 17/49 | €38,280 | €116,228 | +€77,947 | +204% |
| Amounts payable within one year | 42/48 | €38,280 | €116,228 | +€77,947 | +204% |
| Trade debts | 44 | €2,154 | €56,120 | +€53,966 | +2,506% |
| Suppliers | 440/4 | €2,154 | €56,120 | +€53,966 | +2,506% |
| Advances received on contracts in progress | 46 | €2,700 | €19,182 | +€16,482 | +610% |
| Taxes, remuneration and social security | 45 | €809 | €5,092 | +€4,284 | +530% |
| Taxes | 450/3 | €809 | €5,092 | +€4,284 | +530% |
| Other amounts payable | 47/48 | €32,618 | €35,834 | +€3,216 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €427 | €427 | = | 0.0% |
| Other operating charges | 640/8 | €286 | €2,016 | +€1,730 | +605% |
| Gross operating margin | 9900 | €1,238 | €1,596 | +€358 | +28.9% |
| Operating profit (loss) | 9901 | €525 | -€847 | -€1,372 | |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €0 | €190 | +€190 | |
| Recurring financial charges | 65 | €0 | €190 | +€190 | |
| Profit (loss) for the period before taxes | 9903 | €525 | -€1,016 | -€1,541 | |
| Profit (loss) for the period | 9904 | €525 | -€1,016 | -€1,541 | |
| Profit (loss) for the period to be appropriated | 9905 | €525 | -€1,016 | -€1,541 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.