GIVEMA: 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.
GIVEMA
Largest movements
- Cash -€121,951
down €121,951 (-98.7%), from €123,504 to €1,552
mainly Other debts (-€180,407) and Receivables within one year (-€2,131)
- Other debts -€180,407
down €180,407 (-4.3%), from €4.2m to €4.1m
- Gross operating margin +€67,692
up €67,692, from -€16,890 to €50,802
- Write-downs +€31,000
new in 2025: €31,000
- Financial income +€11,177
up €11,177 (+47.2%), from €23,665 to €34,842
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 | €4,667,925 | €4,535,529 | -€132,396 | -2.8% |
| Fixed assets | 21/28 | €4,210,366 | €4,197,542 | -€12,824 | -0.3% |
| Tangible fixed assets | 22/27 | €49,051 | €36,227 | -€12,824 | -26.1% |
| Furniture and vehicles | 24 | €35,802 | €24,478 | -€11,324 | -31.6% |
| Other tangible fixed assets | 26 | €13,248 | €11,748 | -€1,500 | -11.3% |
| Financial fixed assets | 28 | €4,161,315 | €4,161,315 | = | 0.0% |
| Current assets | 29/58 | €457,559 | €337,986 | -€119,572 | -26.1% |
| Amounts receivable after more than one year | 29 | €46,000 | €46,000 | = | 0.0% |
| Other amounts receivable | 291 | €46,000 | €46,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €285,135 | €287,267 | +€2,131 | +0.7% |
| Trade receivables | 40 | €86,640 | €89,520 | +€2,880 | +3.3% |
| Other amounts receivable | 41 | €198,495 | €197,747 | -€749 | -0.4% |
| Cash at bank and in hand | 54/58 | €123,504 | €1,552 | -€121,951 | -98.7% |
| Deferred charges and accrued income | 490/1 | €2,920 | €3,167 | +€248 | +8.5% |
| Total equity and liabilities | 10/49 | €4,667,925 | €4,535,529 | -€132,396 | -2.8% |
| Equity | 10/15 | €428,712 | €468,275 | +€39,563 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €410,112 | €449,675 | +€39,563 | +9.6% |
| Distributable reserves | 133 | €410,112 | €449,675 | +€39,563 | +9.6% |
| Amounts payable | 17/49 | €4,239,213 | €4,067,253 | -€171,959 | -4.1% |
| Amounts payable within one year | 42/48 | €4,239,213 | €4,067,253 | -€171,959 | -4.1% |
| Trade debts | 44 | €1,891 | €4,795 | +€2,905 | +153.7% |
| Suppliers | 440/4 | €1,891 | €4,795 | +€2,905 | +153.7% |
| Taxes, remuneration and social security | 45 | €4,442 | €9,985 | +€5,543 | +124.8% |
| Taxes | 450/3 | €4,442 | €9,985 | +€5,543 | +124.8% |
| Other amounts payable | 47/48 | €4,232,880 | €4,052,473 | -€180,407 | -4.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,991 | €12,824 | -€167 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €31,000 | +€31,000 | |
| Other operating charges | 640/8 | €1,882 | €1,874 | -€8 | -0.4% |
| Gross operating margin | 9900 | -€16,890 | €50,802 | +€67,692 | |
| Operating profit (loss) | 9901 | -€31,763 | €5,104 | +€36,868 | |
| Financial income | 75/76B | €23,665 | €34,842 | +€11,177 | +47.2% |
| Recurring financial income | 75 | €23,665 | €34,842 | +€11,177 | +47.2% |
| Financial charges | 65/66B | €138 | €22 | -€116 | -83.9% |
| Recurring financial charges | 65 | €138 | €22 | -€116 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,237 | €39,924 | +€48,161 | |
| Income taxes | 67/77 | €362 | €360 | -€1 | -0.4% |
| Profit (loss) for the period | 9904 | -€8,599 | €39,563 | +€48,162 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,599 | €39,563 | +€48,162 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.