GIVACARS: 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.
GIVACARS
Largest movements
- Stocks and contracts +€122,020
up €122,020 (+436.9%), from €27,930 to €149,950
- Receivables within one year -€17,031
down €17,031 (-12.4%), from €137,887 to €120,856
of which Trade receivables: -€28,405
- Trade debts +€105,749
up €105,749 (+5634.9%), from €1,877 to €107,625
- Short-term financial debts +€10,000
up €10,000 (+11.8%), from €85,000 to €95,000
of which Credit institutions: +€10,000
- Other debts -€9,251
down €9,251 (-35.1%), from €26,358 to €17,106
- Gross operating margin -€37,427
down €37,427 (-69.5%), from €53,841 to €16,415
- Taxes -€10,212
down €10,212 (-76.4%), from €13,359 to €3,148
- Other operating charges -€3,440
down €3,440 (-64.3%), from €5,345 to €1,906
- Financial charges -€1,959
down €1,959 (-29.8%), from €6,576 to €4,616
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 | €328,330 | €432,264 | +€103,933 | +31.7% |
| Fixed assets | 21/28 | €151,203 | €151,203 | = | 0.0% |
| Financial fixed assets | 28 | €151,203 | €151,203 | = | 0.0% |
| Current assets | 29/58 | €177,128 | €281,061 | +€103,933 | +58.7% |
| Stocks and contracts in progress | 3 | €27,930 | €149,950 | +€122,020 | +436.9% |
| Stocks | 30/36 | €27,930 | €149,950 | +€122,020 | +436.9% |
| Amounts receivable within one year | 40/41 | €137,887 | €120,856 | -€17,031 | -12.4% |
| Trade receivables | 40 | €28,435 | €30 | -€28,405 | -99.9% |
| Other amounts receivable | 41 | €109,452 | €120,826 | +€11,374 | +10.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,489 | €9,429 | -€1,060 | -10.1% |
| Deferred charges and accrued income | 490/1 | €821 | €826 | +€5 | +0.6% |
| Total equity and liabilities | 10/49 | €328,330 | €432,264 | +€103,933 | +31.7% |
| Equity | 10/15 | €213,869 | €211,487 | -€2,382 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €195,269 | €192,887 | -€2,382 | -1.2% |
| Distributable reserves | 133 | €195,269 | €192,887 | -€2,382 | -1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €114,462 | €220,776 | +€106,315 | +92.9% |
| Amounts payable within one year | 42/48 | €113,357 | €219,732 | +€106,375 | +93.8% |
| Financial debts | 43 | €85,000 | €95,000 | +€10,000 | +11.8% |
| Credit institutions | 430/8 | €85,000 | €95,000 | +€10,000 | +11.8% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €1,877 | €107,625 | +€105,749 | +5634.9% |
| Suppliers | 440/4 | €1,877 | €107,625 | +€105,749 | +5634.9% |
| Taxes, remuneration and social security | 45 | €122 | €0 | -€122 | -100.0% |
| Taxes | 450/3 | €122 | €0 | -€122 | -100.0% |
| Other amounts payable | 47/48 | €26,358 | €17,106 | -€9,251 | -35.1% |
| Accrued charges and deferred income | 492/3 | €1,105 | €1,045 | -€60 | -5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,345 | €1,906 | -€3,440 | -64.3% |
| Gross operating margin | 9900 | €53,841 | €16,415 | -€37,427 | -69.5% |
| Operating profit (loss) | 9901 | €48,496 | €14,509 | -€33,987 | -70.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €6,576 | €4,616 | -€1,959 | -29.8% |
| Recurring financial charges | 65 | €6,576 | €4,616 | -€1,959 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €41,920 | €9,892 | -€32,028 | -76.4% |
| Income taxes | 67/77 | €13,359 | €3,148 | -€10,212 | -76.4% |
| Profit (loss) for the period | 9904 | €28,561 | €6,745 | -€21,816 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,561 | €6,745 | -€21,816 | -76.4% |
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 9 October 2026 via checked.be.