GIRONDINE: 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.
GIRONDINE
Largest movements
- Tangible fixed assets -€23,207
down €23,207 (-6.9%), from €337,217 to €314,010
- Profit (loss) carried forward -€36,026
down €36,026 (-31.9%), from -€112,859 to -€148,886
- Other debts +€10,503
up €10,503 (+81.1%), from €12,953 to €23,455
- Gross operating margin -€24,120
down €24,120, from €12,059 to -€12,061
- Other operating charges -€204
down €204 (-26.5%), from €770 to €565
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 | €340,441 | €314,570 | -€25,871 | -7.6% |
| Fixed assets | 21/28 | €337,217 | €314,010 | -€23,207 | -6.9% |
| Tangible fixed assets | 22/27 | €337,217 | €314,010 | -€23,207 | -6.9% |
| Land and buildings | 22 | €337,217 | €314,010 | -€23,207 | -6.9% |
| Current assets | 29/58 | €3,224 | €560 | -€2,664 | -82.6% |
| Cash at bank and in hand | 54/58 | €3,224 | €560 | -€2,664 | -82.6% |
| Total equity and liabilities | 10/49 | €340,441 | €314,570 | -€25,871 | -7.6% |
| Equity | 10/15 | €327,141 | €291,114 | -€36,026 | -11.0% |
| Contributions | 10/11 | €440,000 | €440,000 | = | 0.0% |
| Capital | 10 | €440,000 | €440,000 | = | 0.0% |
| Issued capital | 100 | €440,000 | €440,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,859 | -€148,886 | -€36,026 | -31.9% |
| Amounts payable | 17/49 | €13,300 | €23,455 | +€10,155 | +76.4% |
| Amounts payable within one year | 42/48 | €13,300 | €23,455 | +€10,155 | +76.4% |
| Trade debts | 44 | €348 | - | -€348 | |
| Suppliers | 440/4 | €348 | - | -€348 | |
| Other amounts payable | 47/48 | €12,953 | €23,455 | +€10,503 | +81.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,207 | €23,207 | = | 0.0% |
| Other operating charges | 640/8 | €770 | €565 | -€204 | -26.5% |
| Gross operating margin | 9900 | €12,059 | -€12,061 | -€24,120 | |
| Operating profit (loss) | 9901 | -€11,917 | -€35,833 | -€23,916 | -201% |
| Financial charges | 65/66B | €218 | €193 | -€25 | -11.3% |
| Recurring financial charges | 65 | €218 | €193 | -€25 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,135 | -€36,026 | -€23,892 | -197% |
| Profit (loss) for the period | 9904 | -€12,135 | -€36,026 | -€23,892 | -197% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,135 | -€36,026 | -€23,892 | -197% |
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 19 October 2026 via checked.be.