Giro Work Finishing: what changed
Giro Work Finishing
Largest movements
- Receivables within one year +€7,423
up €7,423 (+123,724%), from €6 to €7,429
of which Trade receivables: +€5,844
- Tangible fixed assets -€2,692
down €2,692 (-31.9%), from €8,448 to €5,756
- Cash -€1,153
down €1,153 (-81.8%), from €1,410 to €257
mainly Receivables within one year (-€7,423) and Net result for the year (-€4,408)
- Other debts +€7,313
up €7,313 (+9,376%), from €78 to €7,391
- Profit (loss) carried forward -€4,409
down €4,409 (-57.7%), from €7,635 to €3,226
- Tax, wage and social debts +€891
up €891 (+46.1%), from €1,933 to €2,824
- Trade debts -€218
no longer reported in 2025 (was €218)
- Gross operating margin -€12,910
down €12,910, from €12,185 to -€725
- Taxes -€1,291
down €1,291 (-66.8%), from €1,932 to €641
- Depreciation +€372
up €372 (+16.0%), from €2,320 to €2,692
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,864 | €13,442 | +€3,578 | +36.3% |
| Fixed assets | 21/28 | €8,448 | €5,756 | -€2,692 | -31.9% |
| Tangible fixed assets | 22/27 | €8,448 | €5,756 | -€2,692 | -31.9% |
| Furniture and vehicles | 24 | €8,448 | €5,756 | -€2,692 | -31.9% |
| Current assets | 29/58 | €1,416 | €7,686 | +€6,270 | +443% |
| Amounts receivable within one year | 40/41 | €6 | €7,429 | +€7,423 | +123,724% |
| Trade receivables | 40 | - | €5,844 | +€5,844 | |
| Other amounts receivable | 41 | €6 | €1,585 | +€1,579 | +26,323% |
| Cash at bank and in hand | 54/58 | €1,410 | €257 | -€1,153 | -81.8% |
| Total equity and liabilities | 10/49 | €9,864 | €13,442 | +€3,578 | +36.3% |
| Equity | 10/15 | €7,635 | €3,226 | -€4,409 | -57.7% |
| Profit (loss) carried forward | 14 | €7,635 | €3,226 | -€4,409 | -57.7% |
| Amounts payable | 17/49 | €2,229 | €10,215 | +€7,986 | +358% |
| Amounts payable within one year | 42/48 | €2,229 | €10,215 | +€7,986 | +358% |
| Trade debts | 44 | €218 | - | -€218 | |
| Suppliers | 440/4 | €218 | - | -€218 | |
| Taxes, remuneration and social security | 45 | €1,933 | €2,824 | +€891 | +46.1% |
| Taxes | 450/3 | €1,933 | €2,824 | +€891 | +46.1% |
| Other amounts payable | 47/48 | €78 | €7,391 | +€7,313 | +9,376% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,320 | €2,692 | +€372 | +16.0% |
| Other operating charges | 640/8 | €239 | €302 | +€63 | +26.2% |
| Gross operating margin | 9900 | €12,185 | -€725 | -€12,910 | |
| Operating profit (loss) | 9901 | €9,626 | -€3,719 | -€13,345 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €59 | €48 | -€11 | -18.5% |
| Recurring financial charges | 65 | €59 | €48 | -€11 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €9,567 | -€3,767 | -€13,334 | |
| Income taxes | 67/77 | €1,932 | €641 | -€1,291 | -66.8% |
| Profit (loss) for the period | 9904 | €7,635 | -€4,408 | -€12,043 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,635 | -€4,408 | -€12,043 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.