GIVAGRI: 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.
GIVAGRI
Largest movements
- Deferred charges and accrued income +€29,540
up €29,540 (+1,142%), from €2,586 to €32,126
- Cash -€22,547
down €22,547 (-36.7%), from €61,403 to €38,856
mainly Deferred charges and accrued income (-€29,540) and Investment in fixed assets (net) (-€25,652)
- Receivables within one year +€3,578
up €3,578 (+222%), from €1,610 to €5,188
- Tangible fixed assets -€2,609
down €2,609 (-1.8%), from €147,575 to €144,965
of which Plant, machinery and equipment: -€6,657
- Accrued charges and deferred income +€12,183
up €12,183 (+66.7%), from €18,255 to €30,437
- Other debts +€7,603
up €7,603 (+31.1%), from €24,455 to €32,058
- Tax, wage and social debts -€6,841
down €6,841 (-75.8%), from €9,030 to €2,189
of which Taxes: -€6,343
- Trade debts -€4,409
down €4,409 (-33.4%), from €13,187 to €8,779
- Purchases and services -€192,255
no longer reported in 2025 (was €192,255)
- Turnover -€153,496
no longer reported in 2025 (was €153,496)
- Depreciation +€11,043
up €11,043 (+64.1%), from €17,217 to €28,261
- Financial income -€6,642
down €6,642 (-83.8%), from €7,924 to €1,283
of which Financial income: -€4,312
- Taxes -€5,991
down €5,991 (-94.4%), from €6,348 to €357
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 | €217,504 | €225,466 | +€7,962 | +3.7% |
| Fixed assets | 21/28 | €151,905 | €149,296 | -€2,609 | -1.7% |
| Tangible fixed assets | 22/27 | €147,575 | €144,965 | -€2,609 | -1.8% |
| Land and buildings | 22 | €120,832 | €121,355 | +€523 | +0.4% |
| Plant, machinery and equipment | 23 | €26,743 | €20,086 | -€6,657 | -24.9% |
| Furniture and vehicles | 24 | - | €3,524 | +€3,524 | |
| Financial fixed assets | 28 | €4,330 | €4,330 | = | 0.0% |
| Current assets | 29/58 | €65,599 | €76,170 | +€10,571 | +16.1% |
| Amounts receivable within one year | 40/41 | €1,610 | €5,188 | +€3,578 | +222% |
| Other amounts receivable | 41 | €1,610 | €5,188 | +€3,578 | +222% |
| Cash at bank and in hand | 54/58 | €61,403 | €38,856 | -€22,547 | -36.7% |
| Deferred charges and accrued income | 490/1 | €2,586 | €32,126 | +€29,540 | +1,142% |
| Total equity and liabilities | 10/49 | €217,504 | €225,466 | +€7,962 | +3.7% |
| Equity | 10/15 | €152,577 | €152,002 | -€574 | -0.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | - | €10,000 | +€10,000 | |
| Issued capital | 100 | - | €20,000 | +€20,000 | |
| Uncalled capital | 101 | - | €10,000 | +€10,000 | |
| Reserves | 13 | €27,000 | €27,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | - | €2,000 | +€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,577 | €115,002 | -€574 | -0.5% |
| Amounts payable | 17/49 | €64,927 | €73,464 | +€8,536 | +13.1% |
| Amounts payable within one year | 42/48 | €46,673 | €43,026 | -€3,646 | -7.8% |
| Trade debts | 44 | €13,187 | €8,779 | -€4,409 | -33.4% |
| Suppliers | 440/4 | €13,187 | €8,779 | -€4,409 | -33.4% |
| Taxes, remuneration and social security | 45 | €9,030 | €2,189 | -€6,841 | -75.8% |
| Taxes | 450/3 | €7,828 | €1,485 | -€6,343 | -81.0% |
| Remuneration and social security | 454/9 | €1,202 | €704 | -€498 | -41.4% |
| Other amounts payable | 47/48 | €24,455 | €32,058 | +€7,603 | +31.1% |
| Accrued charges and deferred income | 492/3 | €18,255 | €30,437 | +€12,183 | +66.7% |
| Turnover | 70 | €153,496 | - | -€153,496 | |
| Non-recurring operating income | 76A | €81,112 | - | -€81,112 | |
| Goods, raw materials, services and sundry goods | 60/61 | €192,255 | - | -€192,255 | |
| Remuneration, social security and pensions | 62 | €9,340 | €10,873 | +€1,532 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,217 | €28,261 | +€11,043 | +64.1% |
| Other operating charges | 640/8 | €237 | €272 | +€35 | +15.0% |
| Gross operating margin | 9900 | €42,353 | €38,628 | -€3,725 | -8.8% |
| Operating profit (loss) | 9901 | €15,558 | -€778 | -€16,336 | |
| Financial income | 75/76B | €7,924 | €1,283 | -€6,642 | -83.8% |
| Recurring financial income | 75 | €4,844 | €533 | -€4,312 | -89.0% |
| Non-recurring financial income | 76B | €3,080 | €750 | -€2,330 | -75.6% |
| Financial charges | 65/66B | €316 | €70 | -€246 | -77.8% |
| Recurring financial charges | 65 | €316 | €70 | -€246 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €23,166 | €435 | -€22,732 | -98.1% |
| Income taxes | 67/77 | €6,348 | €357 | -€5,991 | -94.4% |
| Profit (loss) for the period | 9904 | €16,819 | €77 | -€16,741 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,819 | €77 | -€16,741 | -99.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.