GIVIN: 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.
GIVIN
Largest movements
- Tangible fixed assets -€4,400
down €4,400 (-37.4%), from €11,773 to €7,373
of which Other tangible fixed assets: -€2,475
- Receivables within one year +€4,046
up €4,046 (+49.3%), from €8,209 to €12,255
of which Other amounts receivable: +€6,033
- Cash +€3,049
up €3,049 (+47.7%), from €6,386 to €9,435
mainly Other debts (+€15,071) and Depreciation (+€4,400)
- Other debts +€15,071
up €15,071 (+118%), from €12,722 to €27,793
- Profit (loss) carried forward -€10,522
down €10,522, from €7,372 to -€3,151
- Trade debts -€1,839
down €1,839 (-99.0%), from €1,858 to €19
- Gross operating margin +€68,520
up €68,520 (+97.8%), from -€70,061 to -€1,541
- Other operating charges +€3,538
up €3,538 (+913%), from €387 to €3,925
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 | €26,368 | €29,063 | +€2,695 | +10.2% |
| Fixed assets | 21/28 | €11,773 | €7,373 | -€4,400 | -37.4% |
| Tangible fixed assets | 22/27 | €11,773 | €7,373 | -€4,400 | -37.4% |
| Furniture and vehicles | 24 | €6,969 | €5,044 | -€1,924 | -27.6% |
| Other tangible fixed assets | 26 | €4,804 | €2,329 | -€2,475 | -51.5% |
| Current assets | 29/58 | €14,595 | €21,690 | +€7,095 | +48.6% |
| Amounts receivable within one year | 40/41 | €8,209 | €12,255 | +€4,046 | +49.3% |
| Trade receivables | 40 | €1,987 | - | -€1,987 | |
| Other amounts receivable | 41 | €6,221 | €12,255 | +€6,033 | +97.0% |
| Cash at bank and in hand | 54/58 | €6,386 | €9,435 | +€3,049 | +47.7% |
| Total equity and liabilities | 10/49 | €26,368 | €29,063 | +€2,695 | +10.2% |
| Equity | 10/15 | €11,372 | €849 | -€10,522 | -92.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,372 | -€3,151 | -€10,522 | |
| Amounts payable | 17/49 | €14,996 | €28,213 | +€13,217 | +88.1% |
| Amounts payable within one year | 42/48 | €14,996 | €28,213 | +€13,217 | +88.1% |
| Trade debts | 44 | €1,858 | €19 | -€1,839 | -99.0% |
| Suppliers | 440/4 | €1,858 | €19 | -€1,839 | -99.0% |
| Taxes, remuneration and social security | 45 | €415 | €401 | -€14 | -3.4% |
| Taxes | 450/3 | €415 | €401 | -€14 | -3.4% |
| Other amounts payable | 47/48 | €12,722 | €27,793 | +€15,071 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,377 | €4,400 | +€22 | +0.5% |
| Other operating charges | 640/8 | €387 | €3,925 | +€3,538 | +913% |
| Gross operating margin | 9900 | -€70,061 | -€1,541 | +€68,520 | +97.8% |
| Operating profit (loss) | 9901 | -€74,825 | -€9,866 | +€64,959 | +86.8% |
| Financial charges | 65/66B | €327 | €255 | -€72 | -21.9% |
| Recurring financial charges | 65 | €327 | €255 | -€72 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€75,152 | -€10,121 | +€65,031 | +86.5% |
| Income taxes | 67/77 | €415 | €401 | -€14 | -3.4% |
| Profit (loss) for the period | 9904 | -€75,567 | -€10,522 | +€65,045 | +86.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,567 | -€10,522 | +€65,045 | +86.1% |
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 13 October 2026 via checked.be.