GITSCAPE: 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.
GITSCAPE
Largest movements
- Receivables within one year -€50,416
down €50,416 (-53.6%), from €94,094 to €43,678
of which Trade receivables: -€55,492
- Tangible fixed assets +€14,355
up €14,355 (+398%), from €3,605 to €17,960
of which Other tangible fixed assets: +€14,863
- Cash +€5,055
up €5,055 (+19.0%), from €26,588 to €31,642
mainly Receivables within one year (+€50,416) and Provisions (+€20,821)
- Other debts -€47,771
no longer reported in 2025 (was €47,771)
- Provisions +€20,821
new in 2025: €20,821
- Tax, wage and social debts -€5,889
down €5,889 (-46.2%), from €12,739 to €6,850
of which Remuneration and social security: -€4,631
- Profit (loss) carried forward -€4,381
down €4,381 (-76.3%), from €5,745 to €1,364
- Trade debts +€3,555
up €3,555 (+56.7%), from €6,269 to €9,824
- Staff costs -€27,629
down €27,629, from €22,998 to -€4,631
- Gross operating margin -€26,575
down €26,575 (-77.5%), from €34,272 to €7,697
- Provisions +€20,821
new in 2025: €20,821
- Taxes -€6,944
down €6,944, from €1,825 to -€5,120
- Financial income +€5,258
up €5,258 (+13,146,100%), from €0 to €5,258
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 | €124,928 | €94,473 | -€30,456 | -24.4% |
| Fixed assets | 21/28 | €4,105 | €18,460 | +€14,355 | +350% |
| Tangible fixed assets | 22/27 | €3,605 | €17,960 | +€14,355 | +398% |
| Furniture and vehicles | 24 | €3,605 | €3,098 | -€507 | -14.1% |
| Other tangible fixed assets | 26 | - | €14,863 | +€14,863 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €120,823 | €76,012 | -€44,811 | -37.1% |
| Amounts receivable within one year | 40/41 | €94,094 | €43,678 | -€50,416 | -53.6% |
| Trade receivables | 40 | €68,892 | €13,400 | -€55,492 | -80.5% |
| Other amounts receivable | 41 | €25,202 | €30,278 | +€5,076 | +20.1% |
| Cash at bank and in hand | 54/58 | €26,588 | €31,642 | +€5,055 | +19.0% |
| Deferred charges and accrued income | 490/1 | €142 | €692 | +€550 | +388% |
| Total equity and liabilities | 10/49 | €124,928 | €94,473 | -€30,456 | -24.4% |
| Equity | 10/15 | €57,045 | €52,664 | -€4,381 | -7.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €49,300 | €49,300 | = | 0.0% |
| Distributable reserves | 133 | €49,300 | €49,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,745 | €1,364 | -€4,381 | -76.3% |
| Provisions and deferred taxes | 16 | - | €20,821 | +€20,821 | |
| Provisions for liabilities and charges | 160/5 | - | €20,821 | +€20,821 | |
| Other liabilities and charges | 164/5 | - | €20,821 | +€20,821 | |
| Amounts payable | 17/49 | €67,884 | €20,988 | -€46,896 | -69.1% |
| Amounts payable within one year | 42/48 | €67,884 | €20,988 | -€46,896 | -69.1% |
| Financial debts | 43 | €1,104 | €4,314 | +€3,210 | +291% |
| Credit institutions | 430/8 | €1,104 | €4,314 | +€3,210 | +291% |
| Trade debts | 44 | €6,269 | €9,824 | +€3,555 | +56.7% |
| Suppliers | 440/4 | €6,269 | €9,824 | +€3,555 | +56.7% |
| Taxes, remuneration and social security | 45 | €12,739 | €6,850 | -€5,889 | -46.2% |
| Taxes | 450/3 | €8,109 | €6,850 | -€1,259 | -15.5% |
| Remuneration and social security | 454/9 | €4,631 | - | -€4,631 | |
| Other amounts payable | 47/48 | €47,771 | - | -€47,771 | |
| Remuneration, social security and pensions | 62 | €22,998 | -€4,631 | -€27,629 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,673 | €3,836 | +€2,163 | +129% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €20,821 | +€20,821 | |
| Other operating charges | 640/8 | €1,378 | €921 | -€457 | -33.2% |
| Gross operating margin | 9900 | €34,272 | €7,697 | -€26,575 | -77.5% |
| Operating profit (loss) | 9901 | €8,224 | -€13,249 | -€21,473 | |
| Financial income | 75/76B | €0 | €5,258 | +€5,258 | +13,146,100% |
| Recurring financial income | 75 | €0 | €5,258 | +€5,258 | +13,146,100% |
| Financial charges | 65/66B | €1,509 | €1,510 | +€1 | +0.1% |
| Recurring financial charges | 65 | €1,509 | €1,510 | +€1 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €6,715 | -€9,501 | -€16,216 | |
| Income taxes | 67/77 | €1,825 | -€5,120 | -€6,944 | |
| Profit (loss) for the period | 9904 | €4,890 | -€4,381 | -€9,272 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,890 | -€4,381 | -€9,272 |
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 13 October 2026 via checked.be.