Gitsdal: 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.
Gitsdal
Largest movements
- Receivables within one year +€78,699
up €78,699 (+2399.3%), from €3,280 to €81,979
of which Other amounts receivable: +€77,936
- Stocks and contracts +€17,673
new in 2025: €17,673
- Reserves +€54,327
new in 2025: €54,327
- Tax, wage and social debts +€20,586
up €20,586 (+875.3%), from €2,352 to €22,938
- Profit (loss) carried forward +€17,655
no longer reported in 2025 (was -€17,655)
- Other debts +€4,655
up €4,655 (+12.8%), from €36,497 to €41,152
- Trade debts -€1,376
down €1,376 (-58.6%), from €2,348 to €972
- Gross operating margin +€107,703
up €107,703, from -€12,817 to €94,886
- Taxes +€18,952
new in 2025: €18,952
- Depreciation -€1,218
down €1,218 (-32.5%), from €3,750 to €2,532
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 | €26,043 | €121,890 | +€95,847 | +368.0% |
| Fixed assets | 21/28 | €8,750 | €8,906 | +€156 | +1.8% |
| Tangible fixed assets | 22/27 | €8,750 | €8,906 | +€156 | +1.8% |
| Plant, machinery and equipment | 23 | - | €2,656 | +€2,656 | |
| Furniture and vehicles | 24 | €8,750 | €6,250 | -€2,500 | -28.6% |
| Current assets | 29/58 | €17,293 | €112,984 | +€95,691 | +553.4% |
| Stocks and contracts in progress | 3 | - | €17,673 | +€17,673 | |
| Stocks | 30/36 | - | €17,673 | +€17,673 | |
| Amounts receivable within one year | 40/41 | €3,280 | €81,979 | +€78,699 | +2399.3% |
| Trade receivables | 40 | €657 | €1,420 | +€763 | +116.1% |
| Other amounts receivable | 41 | €2,623 | €80,559 | +€77,936 | +2971.1% |
| Cash at bank and in hand | 54/58 | €13,631 | €13,331 | -€299 | -2.2% |
| Deferred charges and accrued income | 490/1 | €382 | - | -€382 | |
| Total equity and liabilities | 10/49 | €26,043 | €121,890 | +€95,847 | +368.0% |
| Equity | 10/15 | -€15,155 | €56,827 | +€71,981 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €54,327 | +€54,327 | |
| Distributable reserves | 133 | - | €54,327 | +€54,327 | |
| Profit (loss) carried forward | 14 | -€17,655 | - | +€17,655 | |
| Amounts payable | 17/49 | €41,197 | €65,063 | +€23,866 | +57.9% |
| Amounts payable within one year | 42/48 | €41,197 | €65,063 | +€23,866 | +57.9% |
| Trade debts | 44 | €2,348 | €972 | -€1,376 | -58.6% |
| Suppliers | 440/4 | €2,348 | €972 | -€1,376 | -58.6% |
| Taxes, remuneration and social security | 45 | €2,352 | €22,938 | +€20,586 | +875.3% |
| Taxes | 450/3 | €2,352 | €22,938 | +€20,586 | +875.3% |
| Other amounts payable | 47/48 | €36,497 | €41,152 | +€4,655 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,750 | €2,532 | -€1,218 | -32.5% |
| Other operating charges | 640/8 | €923 | €1,146 | +€223 | +24.2% |
| Gross operating margin | 9900 | -€12,817 | €94,886 | +€107,703 | |
| Operating profit (loss) | 9901 | -€17,490 | €91,208 | +€108,698 | |
| Financial income | 75/76B | €3 | €358 | +€355 | +11063.6% |
| Recurring financial income | 75 | €3 | €358 | +€355 | +11063.6% |
| Financial charges | 65/66B | €168 | €633 | +€465 | +277.3% |
| Recurring financial charges | 65 | €168 | €633 | +€465 | +277.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,655 | €90,933 | +€108,588 | |
| Income taxes | 67/77 | - | €18,952 | +€18,952 | |
| Profit (loss) for the period | 9904 | -€17,655 | €71,981 | +€89,636 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,655 | €71,981 | +€89,636 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.