GIVERNY: 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.
GIVERNY
Largest movements
- Cash +€13,713
up €13,713 (+9.3%), from €147,369 to €161,082
mainly Net result for the year (+€15,421) and Receivables within one year (+€4,995)
- Stocks and contracts +€5,340
up €5,340 (+7.2%), from €74,489 to €79,829
- Receivables within one year -€4,995
down €4,995 (-74.1%), from €6,740 to €1,745
of which Other amounts receivable: -€4,995
- Tangible fixed assets -€2,717
down €2,717 (-23.7%), from €11,449 to €8,732
of which Other tangible fixed assets: -€2,594
- Reserves +€15,000
up €15,000 (+21.8%), from €68,750 to €83,750
of which Tax-exempt reserves: +€15,000
- Trade debts -€6,710
down €6,710 (-40.0%), from €16,789 to €10,079
- Tax, wage and social debts +€2,893
up €2,893 (+10.7%), from €27,010 to €29,902
of which Taxes: +€2,600
- Gross operating margin +€21,143
up €21,143 (+20.9%), from €101,182 to €122,325
- Turnover +€16,084
up €16,084 (+3.8%), from €423,458 to €439,542
- Write-downs +€7,533
up €7,533, from -€823 to €6,711
- Purchases and services -€7,064
down €7,064 (-2.2%), from €324,814 to €317,751
- Taxes +€4,995
up €4,995 (+153%), from €3,260 to €8,255
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 | €241,146 | €252,420 | +€11,274 | +4.7% |
| Fixed assets | 21/28 | €11,449 | €8,732 | -€2,717 | -23.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €11,449 | €8,732 | -€2,717 | -23.7% |
| Furniture and vehicles | 24 | €1,071 | €948 | -€123 | -11.5% |
| Other tangible fixed assets | 26 | €10,378 | €7,783 | -€2,594 | -25.0% |
| Current assets | 29/58 | €229,697 | €243,689 | +€13,992 | +6.1% |
| Stocks and contracts in progress | 3 | €74,489 | €79,829 | +€5,340 | +7.2% |
| Stocks | 30/36 | €74,489 | €79,829 | +€5,340 | +7.2% |
| Amounts receivable within one year | 40/41 | €6,740 | €1,745 | -€4,995 | -74.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,740 | €1,745 | -€4,995 | -74.1% |
| Cash at bank and in hand | 54/58 | €147,369 | €161,082 | +€13,713 | +9.3% |
| Deferred charges and accrued income | 490/1 | €1,099 | €1,033 | -€66 | -6.0% |
| Total equity and liabilities | 10/49 | €241,146 | €252,420 | +€11,274 | +4.7% |
| Equity | 10/15 | €195,113 | €210,534 | +€15,421 | +7.9% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Capital | 10 | €37,500 | €37,500 | = | 0.0% |
| Issued capital | 100 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €68,750 | €83,750 | +€15,000 | +21.8% |
| Non-distributable reserves | 130/1 | €3,750 | €3,750 | = | 0.0% |
| Legal reserve | 130 | €3,750 | €3,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €65,000 | €80,000 | +€15,000 | +23.1% |
| Profit (loss) carried forward | 14 | €88,863 | €89,284 | +€421 | +0.5% |
| Amounts payable | 17/49 | €46,034 | €41,886 | -€4,147 | -9.0% |
| Amounts payable within one year | 42/48 | €43,799 | €39,981 | -€3,818 | -8.7% |
| Trade debts | 44 | €16,789 | €10,079 | -€6,710 | -40.0% |
| Suppliers | 440/4 | €16,789 | €10,079 | -€6,710 | -40.0% |
| Taxes, remuneration and social security | 45 | €27,010 | €29,902 | +€2,893 | +10.7% |
| Taxes | 450/3 | €11,774 | €14,374 | +€2,600 | +22.1% |
| Remuneration and social security | 454/9 | €15,235 | €15,528 | +€293 | +1.9% |
| Accrued charges and deferred income | 492/3 | €2,235 | €1,905 | -€330 | -14.7% |
| Turnover | 70 | €423,458 | €439,542 | +€16,084 | +3.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €324,814 | €317,751 | -€7,064 | -2.2% |
| Remuneration, social security and pensions | 62 | €87,611 | €89,197 | +€1,585 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,922 | €3,130 | -€793 | -20.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€823 | €6,711 | +€7,533 | |
| Other operating charges | 640/8 | €3,332 | €3,085 | -€247 | -7.4% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | €101,182 | €122,325 | +€21,143 | +20.9% |
| Operating profit (loss) | 9901 | €7,088 | €20,203 | +€13,115 | +185% |
| Financial income | 75/76B | €5,482 | €5,686 | +€204 | +3.7% |
| Recurring financial income | 75 | €5,482 | €5,686 | +€204 | +3.7% |
| Financial charges | 65/66B | €2,481 | €2,213 | -€268 | -10.8% |
| Recurring financial charges | 65 | €2,481 | €2,213 | -€268 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €10,089 | €23,676 | +€13,587 | +135% |
| Income taxes | 67/77 | €3,260 | €8,255 | +€4,995 | +153% |
| Profit (loss) for the period | 9904 | €6,829 | €15,421 | +€8,593 | +126% |
| Transfer to tax-exempt reserves | 689 | - | €15,000 | +€15,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,829 | €421 | -€6,407 | -93.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.