GIROMLOU: 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.
GIROMLOU
Largest movements
- Tangible fixed assets -€199,336
down €199,336 (-4.7%), from €4.2m to €4.0m
- Receivables within one year +€174,272
new in 2025: €174,272
- Deferred charges and accrued income -€167,630
down €167,630 (-99.0%), from €169,271 to €1,641
- Debts after one year -€282,985
down €282,985 (-12.0%), from €2.4m to €2.1m
- Profit (loss) carried forward +€99,419
up €99,419 (+11.5%), from -€864,364 to -€764,945
- Gross operating margin +€47,885
up €47,885 (+9.7%), from €495,367 to €543,253
- Other operating charges +€34,191
up €34,191 (+66.1%), from €51,709 to €85,900
- Financial charges -€31,517
down €31,517 (-16.6%), from €190,114 to €158,597
- Depreciation -€12,724
down €12,724 (-6.0%), from €212,060 to €199,336
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 | €4,446,608 | €4,217,713 | -€228,895 | -5.1% |
| Fixed assets | 21/28 | €4,222,273 | €4,022,937 | -€199,336 | -4.7% |
| Tangible fixed assets | 22/27 | €4,222,273 | €4,022,937 | -€199,336 | -4.7% |
| Land and buildings | 22 | €4,222,273 | €4,022,937 | -€199,336 | -4.7% |
| Current assets | 29/58 | €224,335 | €194,776 | -€29,559 | -13.2% |
| Amounts receivable within one year | 40/41 | - | €174,272 | +€174,272 | |
| Trade receivables | 40 | - | €174,272 | +€174,272 | |
| Cash at bank and in hand | 54/58 | €55,064 | €18,863 | -€36,201 | -65.7% |
| Deferred charges and accrued income | 490/1 | €169,271 | €1,641 | -€167,630 | -99.0% |
| Total equity and liabilities | 10/49 | €4,446,608 | €4,217,713 | -€228,895 | -5.1% |
| Equity | 10/15 | -€802,864 | -€703,445 | +€99,419 | +12.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€864,364 | -€764,945 | +€99,419 | +11.5% |
| Amounts payable | 17/49 | €5,249,472 | €4,921,158 | -€328,314 | -6.3% |
| Amounts payable after more than one year | 17 | €2,364,613 | €2,081,628 | -€282,985 | -12.0% |
| Financial debts | 170/4 | €2,364,613 | €2,081,628 | -€282,985 | -12.0% |
| Amounts payable within one year | 42/48 | €2,735,439 | €2,718,060 | -€17,379 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €277,851 | €282,985 | +€5,134 | +1.8% |
| Other amounts payable | 47/48 | €2,457,588 | €2,435,075 | -€22,513 | -0.9% |
| Accrued charges and deferred income | 492/3 | €149,420 | €121,470 | -€27,951 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212,060 | €199,336 | -€12,724 | -6.0% |
| Other operating charges | 640/8 | €51,709 | €85,900 | +€34,191 | +66.1% |
| Gross operating margin | 9900 | €495,367 | €543,253 | +€47,885 | +9.7% |
| Operating profit (loss) | 9901 | €231,598 | €258,016 | +€26,418 | +11.4% |
| Financial charges | 65/66B | €190,114 | €158,597 | -€31,517 | -16.6% |
| Recurring financial charges | 65 | €190,114 | €158,597 | -€31,517 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €41,484 | €99,419 | +€57,935 | +140% |
| Profit (loss) for the period | 9904 | €41,484 | €99,419 | +€57,935 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €41,484 | €99,419 | +€57,935 | +140% |
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 29 October 2026 via checked.be.