GISÈLE DEVELOPMENT: 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.
GISÈLE DEVELOPMENT
Largest movements
- Receivables within one year +€48,400
up €48,400 (+88.0%), from €55,000 to €103,400
of which Trade receivables: +€48,400
- Cash -€2,354
down €2,354 (-71.3%), from €3,301 to €947
mainly Receivables within one year (-€48,400) and Deferred charges and accrued income (-€2,297)
- Deferred charges and accrued income +€2,297
up €2,297 (+70.3%), from €3,269 to €5,566
- Trade debts +€48,263
up €48,263 (+3447.0%), from €1,400 to €49,663
- Depreciation -€2,095
down €2,095 (-100.0%), from €2,095 to €0
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.
Cash bridge derived
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 | €61,570 | €109,913 | +€48,343 | +78.5% |
| Current assets | 29/58 | €61,570 | €109,913 | +€48,343 | +78.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €55,000 | €103,400 | +€48,400 | +88.0% |
| Trade receivables | 40 | - | €48,400 | +€48,400 | |
| Other amounts receivable | 41 | €55,000 | €55,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,301 | €947 | -€2,354 | -71.3% |
| Deferred charges and accrued income | 490/1 | €3,269 | €5,566 | +€2,297 | +70.3% |
| Total equity and liabilities | 10/49 | €61,570 | €109,913 | +€48,343 | +78.5% |
| Equity | 10/15 | €60,169 | €60,250 | +€80 | +0.1% |
| 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 | -€1,331 | -€1,250 | +€80 | +6.0% |
| Amounts payable | 17/49 | €1,400 | €49,663 | +€48,263 | +3447.0% |
| Amounts payable within one year | 42/48 | €1,400 | €49,663 | +€48,263 | +3447.0% |
| Trade debts | 44 | €1,400 | €49,663 | +€48,263 | +3447.0% |
| Suppliers | 440/4 | €1,400 | €49,663 | +€48,263 | +3447.0% |
| Operating charges | 60/66A | €4,396 | €2,164 | -€2,231 | -50.8% |
| Services and other goods | 61 | €1,154 | €1,416 | +€262 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,095 | €0 | -€2,095 | -100.0% |
| Other operating charges | 640/8 | €1,147 | €748 | -€399 | -34.8% |
| Operating profit (loss) | 9901 | -€4,396 | -€2,164 | +€2,231 | +50.8% |
| Financial income | 75/76B | €3,269 | €2,297 | -€971 | -29.7% |
| Recurring financial income | 75 | €3,269 | €2,297 | -€971 | -29.7% |
| Income from current assets | 751 | €3,269 | €2,297 | -€971 | -29.7% |
| Financial charges | 65/66B | €204 | €53 | -€151 | -74.1% |
| Recurring financial charges | 65 | €204 | €53 | -€151 | -74.1% |
| Other financial charges | 652/9 | €204 | €53 | -€151 | -74.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,331 | €80 | +€1,411 | |
| Profit (loss) for the period | 9904 | -€1,331 | €80 | +€1,411 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,331 | €80 | +€1,411 |
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 11 October 2026 via checked.be.