GIVEST: 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.
GIVEST
Largest movements
- Tangible fixed assets +€11,550
up €11,550 (+5.9%), from €196,641 to €208,191
of which Furniture and vehicles: +€17,288
- Receivables within one year -€10,500
down €10,500 (-10.7%), from €98,117 to €87,617
of which Trade receivables: -€8,360
- Stocks and contracts +€4,167
up €4,167 (+186%), from €2,240 to €6,407
- Financial fixed assets +€3,600
up €3,600 (+720%), from €500 to €4,100
- Profit (loss) carried forward -€25,371
new in 2025: -€25,371
- Current portion of long-term debt +€13,968
up €13,968 (+35.0%), from €39,867 to €53,835
- Debts after one year +€12,076
up €12,076 (+7.8%), from €153,898 to €165,974
- Trade debts +€8,944
up €8,944 (+15.6%), from €57,158 to €66,102
- Depreciation +€40,777
up €40,777 (+417%), from €9,786 to €50,563
- Financial charges +€10,254
up €10,254 (+407%), from €2,520 to €12,775
- Staff costs +€9,636
up €9,636 (+23.7%), from €40,730 to €50,366
- Taxes -€9,115
no longer reported in 2025 (was €9,115)
- Other operating charges +€1,835
up €1,835 (+171%), from €1,073 to €2,908
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 | €298,761 | €306,315 | +€7,554 | +2.5% |
| Fixed assets | 21/28 | €197,141 | €212,291 | +€15,150 | +7.7% |
| Tangible fixed assets | 22/27 | €196,641 | €208,191 | +€11,550 | +5.9% |
| Plant, machinery and equipment | 23 | €26,145 | €20,407 | -€5,738 | -21.9% |
| Furniture and vehicles | 24 | €170,496 | €187,784 | +€17,288 | +10.1% |
| Financial fixed assets | 28 | €500 | €4,100 | +€3,600 | +720% |
| Current assets | 29/58 | €101,620 | €94,024 | -€7,596 | -7.5% |
| Stocks and contracts in progress | 3 | €2,240 | €6,407 | +€4,167 | +186% |
| Stocks | 30/36 | €2,240 | €6,407 | +€4,167 | +186% |
| Amounts receivable within one year | 40/41 | €98,117 | €87,617 | -€10,500 | -10.7% |
| Trade receivables | 40 | €58,848 | €50,488 | -€8,360 | -14.2% |
| Other amounts receivable | 41 | €39,269 | €37,129 | -€2,140 | -5.4% |
| Cash at bank and in hand | 54/58 | €1,160 | - | -€1,160 | |
| Deferred charges and accrued income | 490/1 | €104 | - | -€104 | |
| Total equity and liabilities | 10/49 | €298,761 | €306,315 | +€7,554 | +2.5% |
| Equity | 10/15 | €30,677 | €5,307 | -€25,371 | -82.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €28,677 | €28,677 | = | 0.0% |
| Distributable reserves | 133 | €28,677 | €28,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€25,371 | -€25,371 | |
| Amounts payable | 17/49 | €268,084 | €301,008 | +€32,925 | +12.3% |
| Amounts payable after more than one year | 17 | €153,898 | €165,974 | +€12,076 | +7.8% |
| Financial debts | 170/4 | €153,898 | €165,974 | +€12,076 | +7.8% |
| Amounts payable within one year | 42/48 | €114,186 | €135,034 | +€20,848 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €39,867 | €53,835 | +€13,968 | +35.0% |
| Financial debts | 43 | - | €3 | +€3 | |
| Credit institutions | 430/8 | - | €3 | +€3 | |
| Trade debts | 44 | €57,158 | €66,102 | +€8,944 | +15.6% |
| Suppliers | 440/4 | €57,158 | €66,102 | +€8,944 | +15.6% |
| Taxes, remuneration and social security | 45 | €17,160 | €15,094 | -€2,066 | -12.0% |
| Taxes | 450/3 | €13,270 | €10,856 | -€2,413 | -18.2% |
| Remuneration and social security | 454/9 | €3,891 | €4,238 | +€347 | +8.9% |
| Non-recurring operating income | 76A | - | €4,511 | +€4,511 | |
| Remuneration, social security and pensions | 62 | €40,730 | €50,366 | +€9,636 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,786 | €50,563 | +€40,777 | +417% |
| Other operating charges | 640/8 | €1,073 | €2,908 | +€1,835 | +171% |
| Gross operating margin | 9900 | €91,337 | €89,922 | -€1,415 | -1.5% |
| Operating profit (loss) | 9901 | €39,747 | -€13,916 | -€53,663 | |
| Financial income | 75/76B | €566 | €1,320 | +€754 | +133% |
| Recurring financial income | 75 | €566 | €1,320 | +€754 | +133% |
| Financial charges | 65/66B | €2,520 | €12,775 | +€10,254 | +407% |
| Recurring financial charges | 65 | €2,520 | €12,775 | +€10,254 | +407% |
| Profit (loss) for the period before taxes | 9903 | €37,793 | -€25,371 | -€63,163 | |
| Income taxes | 67/77 | €9,115 | - | -€9,115 | |
| Profit (loss) for the period | 9904 | €28,677 | -€25,371 | -€54,048 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,677 | -€25,371 | -€54,048 |
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 31 October 2026 via checked.be.