Gisou: 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.
Gisou
Largest movements
- Receivables within one year -€27,136
down €27,136 (-37.2%), from €72,917 to €45,781
of which Other amounts receivable: -€31,731
- Tangible fixed assets +€6,825
up €6,825, from €0 to €6,825
of which Plant, machinery and equipment: +€4,236
- Cash -€2,069
down €2,069 (-5.0%), from €41,216 to €39,146
mainly Contributions, distributions and other (-€102,613) and Investment in fixed assets (net) (-€8,215)
- Reserves -€24,071
down €24,071 (-23.5%), from €102,613 to €78,542
- Tax, wage and social debts +€1,970
up €1,970 (+25.1%), from €7,837 to €9,808
- Gross operating margin +€70,910
up €70,910 (+219%), from €32,387 to €103,297
- Taxes +€15,428
up €15,428 (+224%), from €6,872 to €22,301
- Depreciation -€4,918
down €4,918 (-78.0%), from €6,307 to €1,390
- Financial income -€3,836
down €3,836 (-100%), from €3,836 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.
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 | €114,133 | €91,753 | -€22,380 | -19.6% |
| Fixed assets | 21/28 | €0 | €6,825 | +€6,825 | |
| Tangible fixed assets | 22/27 | €0 | €6,825 | +€6,825 | |
| Plant, machinery and equipment | 23 | - | €4,236 | +€4,236 | |
| Furniture and vehicles | 24 | €0 | €2,589 | +€2,589 | |
| Current assets | 29/58 | €114,133 | €84,927 | -€29,205 | -25.6% |
| Amounts receivable within one year | 40/41 | €72,917 | €45,781 | -€27,136 | -37.2% |
| Trade receivables | 40 | €14,151 | €18,747 | +€4,595 | +32.5% |
| Other amounts receivable | 41 | €58,766 | €27,035 | -€31,731 | -54.0% |
| Cash at bank and in hand | 54/58 | €41,216 | €39,146 | -€2,069 | -5.0% |
| Total equity and liabilities | 10/49 | €114,133 | €91,753 | -€22,380 | -19.6% |
| Equity | 10/15 | €103,613 | €79,542 | -€24,071 | -23.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €102,613 | €78,542 | -€24,071 | -23.5% |
| Distributable reserves | 133 | €102,613 | €78,542 | -€24,071 | -23.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €10,520 | €12,211 | +€1,691 | +16.1% |
| Amounts payable within one year | 42/48 | €10,520 | €12,211 | +€1,691 | +16.1% |
| Trade debts | 44 | €2,682 | €2,403 | -€279 | -10.4% |
| Suppliers | 440/4 | €2,682 | €2,403 | -€279 | -10.4% |
| Taxes, remuneration and social security | 45 | €7,837 | €9,808 | +€1,970 | +25.1% |
| Taxes | 450/3 | €7,837 | €9,808 | +€1,970 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,307 | €1,390 | -€4,918 | -78.0% |
| Other operating charges | 640/8 | €1,536 | €841 | -€694 | -45.2% |
| Gross operating margin | 9900 | €32,387 | €103,297 | +€70,910 | +219% |
| Operating profit (loss) | 9901 | €24,544 | €101,066 | +€76,522 | +312% |
| Financial income | 75/76B | €3,836 | €0 | -€3,836 | -100% |
| Recurring financial income | 75 | €3,836 | €0 | -€3,836 | -100% |
| Financial charges | 65/66B | €67 | €224 | +€157 | +234% |
| Recurring financial charges | 65 | €67 | €224 | +€157 | +234% |
| Profit (loss) for the period before taxes | 9903 | €28,313 | €100,843 | +€72,529 | +256% |
| Income taxes | 67/77 | €6,872 | €22,301 | +€15,428 | +224% |
| Profit (loss) for the period | 9904 | €21,441 | €78,542 | +€57,101 | +266% |
| Profit (loss) for the period to be appropriated | 9905 | €21,441 | €78,542 | +€57,101 | +266% |
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 16 October 2026 via checked.be.