GISTIBRAINE: 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.
GISTIBRAINE
Largest movements
- Tangible fixed assets -€73,089
down €73,089 (-51.5%), from €142,041 to €68,952
of which Furniture and vehicles: -€39,104
- Cash +€21,713
up €21,713 (+6.0%), from €359,698 to €381,411
mainly Net result for the year (+€180,056) and Depreciation (+€51,127)
- Receivables within one year -€6,584
down €6,584 (-16.2%), from €40,740 to €34,156
of which Other amounts receivable: -€5,637
- Other debts -€66,518
down €66,518 (-25.3%), from €262,757 to €196,238
- Current portion of long-term debt +€23,540
new in 2025: €23,540
- Reserves -€18,588
no longer reported in 2025 (was €18,588)
- Tax, wage and social debts -€11,081
down €11,081 (-17.9%), from €61,839 to €50,758
of which Taxes: -€7,212
- Trade debts +€6,282
up €6,282 (+4.3%), from €145,495 to €151,776
- Gross operating margin -€109,825
down €109,825 (-13.0%), from €845,632 to €735,807
- Taxes -€29,919
down €29,919 (-32.4%), from €92,221 to €62,302
- Staff costs +€14,555
up €14,555 (+3.5%), from €413,631 to €428,186
- Depreciation -€11,413
down €11,413 (-18.2%), from €62,540 to €51,127
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 | €571,179 | €507,321 | -€63,858 | -11.2% |
| Fixed assets | 21/28 | €150,898 | €73,254 | -€77,644 | -51.5% |
| Intangible fixed assets | 21 | €8,355 | €3,800 | -€4,556 | -54.5% |
| Tangible fixed assets | 22/27 | €142,041 | €68,952 | -€73,089 | -51.5% |
| Land and buildings | 22 | €49,991 | €24,687 | -€25,304 | -50.6% |
| Plant, machinery and equipment | 23 | €33,389 | €24,708 | -€8,681 | -26.0% |
| Furniture and vehicles | 24 | €58,660 | €19,556 | -€39,104 | -66.7% |
| Financial fixed assets | 28 | €502 | €502 | = | 0.0% |
| Current assets | 29/58 | €420,281 | €434,068 | +€13,787 | +3.3% |
| Stocks and contracts in progress | 3 | €11,809 | €12,395 | +€586 | +5.0% |
| Stocks | 30/36 | €11,809 | €12,395 | +€586 | +5.0% |
| Amounts receivable within one year | 40/41 | €40,740 | €34,156 | -€6,584 | -16.2% |
| Trade receivables | 40 | €12,886 | €11,939 | -€947 | -7.3% |
| Other amounts receivable | 41 | €27,855 | €22,217 | -€5,637 | -20.2% |
| Cash at bank and in hand | 54/58 | €359,698 | €381,411 | +€21,713 | +6.0% |
| Deferred charges and accrued income | 490/1 | €8,034 | €6,106 | -€1,928 | -24.0% |
| Total equity and liabilities | 10/49 | €571,179 | €507,321 | -€63,858 | -11.2% |
| Equity | 10/15 | €93,588 | €75,000 | -€18,588 | -19.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €18,588 | - | -€18,588 | |
| Distributable reserves | 133 | €18,588 | - | -€18,588 | |
| Amounts payable | 17/49 | €477,591 | €432,321 | -€45,269 | -9.5% |
| Amounts payable within one year | 42/48 | €470,091 | €422,313 | -€47,777 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | - | €23,540 | +€23,540 | |
| Trade debts | 44 | €145,495 | €151,776 | +€6,282 | +4.3% |
| Suppliers | 440/4 | €145,495 | €151,776 | +€6,282 | +4.3% |
| Taxes, remuneration and social security | 45 | €61,839 | €50,758 | -€11,081 | -17.9% |
| Taxes | 450/3 | €7,221 | €9 | -€7,212 | -99.9% |
| Remuneration and social security | 454/9 | €54,618 | €50,750 | -€3,869 | -7.1% |
| Other amounts payable | 47/48 | €262,757 | €196,238 | -€66,518 | -25.3% |
| Accrued charges and deferred income | 492/3 | €7,500 | €10,008 | +€2,508 | +33.4% |
| Remuneration, social security and pensions | 62 | €413,631 | €428,186 | +€14,555 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,540 | €51,127 | -€11,413 | -18.2% |
| Other operating charges | 640/8 | €7,551 | €9,616 | +€2,065 | +27.3% |
| Gross operating margin | 9900 | €845,632 | €735,807 | -€109,825 | -13.0% |
| Operating profit (loss) | 9901 | €361,909 | €246,877 | -€115,032 | -31.8% |
| Financial income | 75/76B | €59 | €312 | +€253 | +432% |
| Recurring financial income | 75 | €59 | €312 | +€253 | +432% |
| Financial charges | 65/66B | €5,422 | €4,831 | -€591 | -10.9% |
| Recurring financial charges | 65 | €5,422 | €4,831 | -€591 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €356,546 | €242,358 | -€114,188 | -32.0% |
| Income taxes | 67/77 | €92,221 | €62,302 | -€29,919 | -32.4% |
| Profit (loss) for the period | 9904 | €264,325 | €180,056 | -€84,269 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €264,325 | €180,056 | -€84,269 | -31.9% |
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 25 October 2026 via checked.be.