GIULIANI & FILS: what changed
GIULIANI & FILS
Largest movements
- Cash +€8,579
up €8,579 (+900%), from €954 to €9,532
mainly Debts after one year (+€100,347) and Net result for the year (+€66,506)
- Other debts -€152,000
down €152,000 (-95.7%), from €158,898 to €6,898
- Debts after one year +€100,347
up €100,347 (+309%), from €32,443 to €132,790
- Profit (loss) carried forward +€66,506
up €66,506 (+26.2%), from €254,116 to €320,622
- Contributions -€10,000
down €10,000 (-53.8%), from €18,600 to €8,600
- Gross operating margin +€9,506
up €9,506 (+13.1%), from €72,726 to €82,232
- Taxes +€1,672
up €1,672 (+15.7%), from €10,647 to €12,319
- Financial charges +€1,335
up €1,335 (+64.5%), from €2,072 to €3,407
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €512,120 | €520,698 | +€8,579 | +1.7% |
| Fixed assets | 21/28 | €498,666 | €498,666 | = | 0.0% |
| Financial fixed assets | 28 | €498,666 | €498,666 | = | 0.0% |
| Current assets | 29/58 | €13,454 | €22,032 | +€8,579 | +63.8% |
| Amounts receivable within one year | 40/41 | €12,500 | €12,500 | = | 0.0% |
| Trade receivables | 40 | €12,500 | €12,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €954 | €9,532 | +€8,579 | +900% |
| Total equity and liabilities | 10/49 | €512,120 | €520,698 | +€8,579 | +1.7% |
| Equity | 10/15 | €274,576 | €331,082 | +€56,506 | +20.6% |
| Contributions | 10/11 | €18,600 | €8,600 | -€10,000 | -53.8% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €254,116 | €320,622 | +€66,506 | +26.2% |
| Amounts payable | 17/49 | €237,544 | €189,617 | -€47,927 | -20.2% |
| Amounts payable after more than one year | 17 | €32,443 | €132,790 | +€100,347 | +309% |
| Financial debts | 170/4 | €32,443 | €132,790 | +€100,347 | +309% |
| Amounts payable within one year | 42/48 | €205,101 | €56,827 | -€148,275 | -72.3% |
| Current portion of amounts payable after more than one year | 42 | €29,378 | €31,981 | +€2,603 | +8.9% |
| Trade debts | 44 | €355 | - | -€355 | |
| Suppliers | 440/4 | €355 | - | -€355 | |
| Taxes, remuneration and social security | 45 | €16,470 | €17,948 | +€1,478 | +9.0% |
| Taxes | 450/3 | €12,470 | €13,948 | +€1,478 | +11.9% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €158,898 | €6,898 | -€152,000 | -95.7% |
| Gross operating margin | 9900 | €72,726 | €82,232 | +€9,506 | +13.1% |
| Operating profit (loss) | 9901 | €72,726 | €82,232 | +€9,506 | +13.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,072 | €3,407 | +€1,335 | +64.5% |
| Recurring financial charges | 65 | €2,072 | €3,407 | +€1,335 | +64.5% |
| Profit (loss) for the period before taxes | 9903 | €70,654 | €78,825 | +€8,171 | +11.6% |
| Income taxes | 67/77 | €10,647 | €12,319 | +€1,672 | +15.7% |
| Profit (loss) for the period | 9904 | €60,007 | €66,506 | +€6,499 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,007 | €66,506 | +€6,499 | +10.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.