GISOBJECT: what changed
Two fiscal 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.
GISOBJECT
Largest movements
- Receivables within one year +€42,169
up €42,169 (+170.4%), from €24,747 to €66,916
of which Trade receivables: +€24,615
- Cash +€15,371
up €15,371 (+23.3%), from €65,864 to €81,236
mainly Net result for the year (+€32,989) and Depreciation (+€20,666)
- Tangible fixed assets -€12,174
down €12,174 (-12.0%), from €101,674 to €89,500
of which Furniture and vehicles: -€9,781
- Reserves +€32,989
up €32,989 (+38.4%), from €85,873 to €118,862
- Tax, wage and social debts +€8,032
up €8,032 (+297.6%), from €2,699 to €10,731
of which Taxes: +€10,032
- Trade debts +€2,953
up €2,953 (+381.6%), from €774 to €3,727
- Gross operating margin +€66,101
up €66,101 (+3282.0%), from €2,014 to €68,115
- Taxes +€12,064
up €12,064 (+2578.9%), from €468 to €12,532
- Other operating charges +€1,545
up €1,545 (+162.0%), from €953 to €2,498
- Financial income +€864
up €864 (+576.3%), from €150 to €1,014
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 | €194,455 | €237,848 | +€43,393 | +22.3% |
| Fixed assets | 21/28 | €101,724 | €89,550 | -€12,174 | -12.0% |
| Tangible fixed assets | 22/27 | €101,674 | €89,500 | -€12,174 | -12.0% |
| Land and buildings | 22 | €85,965 | €83,854 | -€2,110 | -2.5% |
| Plant, machinery and equipment | 23 | €2,039 | €1,757 | -€282 | -13.9% |
| Furniture and vehicles | 24 | €13,670 | €3,889 | -€9,781 | -71.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €92,731 | €148,298 | +€55,567 | +59.9% |
| Amounts receivable within one year | 40/41 | €24,747 | €66,916 | +€42,169 | +170.4% |
| Trade receivables | 40 | €9,400 | €34,014 | +€24,615 | +261.9% |
| Other amounts receivable | 41 | €15,347 | €32,901 | +€17,554 | +114.4% |
| Current investments | 50/53 | €1,531 | - | -€1,531 | |
| Cash at bank and in hand | 54/58 | €65,864 | €81,236 | +€15,371 | +23.3% |
| Deferred charges and accrued income | 490/1 | €589 | €147 | -€442 | -75.1% |
| Total equity and liabilities | 10/49 | €194,455 | €237,848 | +€43,393 | +22.3% |
| Equity | 10/15 | €190,402 | €223,391 | +€32,989 | +17.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €85,873 | €118,862 | +€32,989 | +38.4% |
| Distributable reserves | 133 | €85,873 | €118,862 | +€32,989 | +38.4% |
| Profit (loss) carried forward | 14 | €92,129 | €92,129 | = | 0.0% |
| Amounts payable | 17/49 | €4,053 | €14,458 | +€10,404 | +256.7% |
| Amounts payable within one year | 42/48 | €3,473 | €14,458 | +€10,985 | +316.3% |
| Trade debts | 44 | €774 | €3,727 | +€2,953 | +381.6% |
| Suppliers | 440/4 | €774 | €3,727 | +€2,953 | +381.6% |
| Taxes, remuneration and social security | 45 | €2,699 | €10,731 | +€8,032 | +297.6% |
| Taxes | 450/3 | €699 | €10,731 | +€10,032 | +1435.1% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Accrued charges and deferred income | 492/3 | €581 | - | -€581 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,480 | €20,666 | +€186 | +0.9% |
| Other operating charges | 640/8 | €953 | €2,498 | +€1,545 | +162.0% |
| Gross operating margin | 9900 | €2,014 | €68,115 | +€66,101 | +3282.0% |
| Operating profit (loss) | 9901 | -€19,419 | €44,951 | +€64,371 | |
| Financial income | 75/76B | €150 | €1,014 | +€864 | +576.3% |
| Recurring financial income | 75 | €150 | €1,014 | +€864 | +576.3% |
| Financial charges | 65/66B | €314 | €444 | +€130 | +41.4% |
| Recurring financial charges | 65 | €314 | €444 | +€130 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | -€19,583 | €45,521 | +€65,105 | |
| Income taxes | 67/77 | €468 | €12,532 | +€12,064 | +2578.9% |
| Profit (loss) for the period | 9904 | -€20,051 | €32,989 | +€53,040 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,051 | €32,989 | +€53,040 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.