Giucap: 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.
Giucap
Largest movements
- Cash +€112,141
up €112,141 (+2784.8%), from €4,027 to €116,168
mainly Net result for the year (+€193,801) and Receivables within one year (+€103,956)
- Receivables within one year -€103,956
down €103,956 (-41.8%), from €248,587 to €144,631
of which Other amounts receivable: -€71,690
- Tangible fixed assets +€3,281
up €3,281 (+78.8%), from €4,163 to €7,444
of which Furniture and vehicles: +€3,281
- Profit (loss) carried forward +€193,801
up €193,801, from €0 to €193,801
- Other debts -€166,752
down €166,752 (-100.0%), from €166,752 to €0
- Tax, wage and social debts -€15,431
down €15,431 (-19.5%), from €79,242 to €63,811
- Gross operating margin +€141,965
up €141,965 (+90.3%), from €157,185 to €299,150
- Write-downs +€53,165
up €53,165, from -€12,932 to €40,233
- Taxes +€27,988
up €27,988 (+75.4%), from €37,113 to €65,101
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €259,348 | €268,904 | +€9,556 | +3.7% |
| Fixed assets | 21/28 | €4,163 | €7,444 | +€3,281 | +78.8% |
| Tangible fixed assets | 22/27 | €4,163 | €7,444 | +€3,281 | +78.8% |
| Furniture and vehicles | 24 | €743 | €4,024 | +€3,281 | +441.3% |
| Other tangible fixed assets | 26 | €3,420 | €3,420 | = | 0.0% |
| Current assets | 29/58 | €255,185 | €261,460 | +€6,275 | +2.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €248,587 | €144,631 | -€103,956 | -41.8% |
| Trade receivables | 40 | €40,715 | €8,449 | -€32,266 | -79.2% |
| Other amounts receivable | 41 | €207,873 | €136,182 | -€71,690 | -34.5% |
| Cash at bank and in hand | 54/58 | €4,027 | €116,168 | +€112,141 | +2784.8% |
| Deferred charges and accrued income | 490/1 | €2,571 | €662 | -€1,910 | -74.3% |
| Total equity and liabilities | 10/49 | €259,348 | €268,904 | +€9,556 | +3.7% |
| Equity | 10/15 | €5,000 | €198,801 | +€193,801 | +3876.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €193,801 | +€193,801 | |
| Amounts payable | 17/49 | €254,348 | €70,103 | -€184,245 | -72.4% |
| Amounts payable within one year | 42/48 | €254,348 | €70,103 | -€184,245 | -72.4% |
| Trade debts | 44 | €8,354 | €6,292 | -€2,062 | -24.7% |
| Suppliers | 440/4 | €8,354 | €6,292 | -€2,062 | -24.7% |
| Taxes, remuneration and social security | 45 | €79,242 | €63,811 | -€15,431 | -19.5% |
| Taxes | 450/3 | €79,242 | €63,811 | -€15,431 | -19.5% |
| Other amounts payable | 47/48 | €166,752 | €0 | -€166,752 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €380 | +€132 | +53.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€12,932 | €40,233 | +€53,165 | |
| Other operating charges | 640/8 | €2,622 | €2,267 | -€355 | -13.5% |
| Non-recurring operating charges | 66A | €12,932 | €0 | -€12,932 | -100.0% |
| Gross operating margin | 9900 | €157,185 | €299,150 | +€141,965 | +90.3% |
| Operating profit (loss) | 9901 | €154,315 | €256,270 | +€101,955 | +66.1% |
| Financial income | 75/76B | €4,753 | €5,605 | +€851 | +17.9% |
| Recurring financial income | 75 | €4,753 | €5,605 | +€851 | +17.9% |
| Financial charges | 65/66B | €2,811 | €2,973 | +€162 | +5.8% |
| Recurring financial charges | 65 | €2,811 | €2,973 | +€162 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €156,258 | €258,902 | +€102,644 | +65.7% |
| Income taxes | 67/77 | €37,113 | €65,101 | +€27,988 | +75.4% |
| Profit (loss) for the period | 9904 | €119,145 | €193,801 | +€74,657 | +62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €119,145 | €193,801 | +€74,657 | +62.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.