GIZIFIT: 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.
GIZIFIT
Largest movements
- Receivables after one year +€20,000
new in 2025: €20,000
- Receivables within one year +€2,987
up €2,987 (+14.5%), from €20,530 to €23,517
of which Other amounts receivable: +€1,986
- Tangible fixed assets -€2,717
down €2,717 (-39.3%), from €6,920 to €4,203
- Deferred charges and accrued income +€1,293
new in 2025: €1,293
- Reserves +€27,000
up €27,000 (+85.7%), from €31,500 to €58,500
- Tax, wage and social debts -€4,481
down €4,481 (-65.2%), from €6,878 to €2,397
of which Taxes: -€4,481
- Provisions -€13,979
down €13,979 (-96.9%), from €14,423 to €444
- Financial charges +€13,646
up €13,646 (+432.3%), from €3,156 to €16,802
- Taxes -€1,921
down €1,921 (-13.2%), from €14,586 to €12,666
- Depreciation +€1,543
up €1,543 (+131.4%), from €1,174 to €2,717
- Financial income +€1,263
up €1,263 (+197275.0%), from €1 to €1,263
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 | €56,644 | €78,501 | +€21,856 | +38.6% |
| Fixed assets | 21/28 | €6,920 | €4,203 | -€2,717 | -39.3% |
| Tangible fixed assets | 22/27 | €6,920 | €4,203 | -€2,717 | -39.3% |
| Furniture and vehicles | 24 | €6,920 | €4,203 | -€2,717 | -39.3% |
| Current assets | 29/58 | €49,724 | €74,298 | +€24,574 | +49.4% |
| Amounts receivable after more than one year | 29 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 291 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €20,530 | €23,517 | +€2,987 | +14.5% |
| Trade receivables | 40 | €7,897 | €8,898 | +€1,001 | +12.7% |
| Other amounts receivable | 41 | €12,633 | €14,619 | +€1,986 | +15.7% |
| Cash at bank and in hand | 54/58 | €29,194 | €29,488 | +€294 | +1.0% |
| Deferred charges and accrued income | 490/1 | - | €1,293 | +€1,293 | |
| Total equity and liabilities | 10/49 | €56,644 | €78,501 | +€21,856 | +38.6% |
| Equity | 10/15 | €33,685 | €59,995 | +€26,310 | +78.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €31,500 | €58,500 | +€27,000 | +85.7% |
| Distributable reserves | 133 | €31,500 | €58,500 | +€27,000 | +85.7% |
| Profit (loss) carried forward | 14 | €1,185 | €495 | -€690 | -58.2% |
| Provisions and deferred taxes | 16 | €14,423 | €14,867 | +€444 | +3.1% |
| Provisions for liabilities and charges | 160/5 | €14,423 | €14,867 | +€444 | +3.1% |
| Other liabilities and charges | 164/5 | €14,423 | €14,867 | +€444 | +3.1% |
| Amounts payable | 17/49 | €8,536 | €3,638 | -€4,897 | -57.4% |
| Amounts payable within one year | 42/48 | €8,536 | €3,638 | -€4,897 | -57.4% |
| Trade debts | 44 | €1,057 | €575 | -€481 | -45.6% |
| Suppliers | 440/4 | €1,057 | €575 | -€481 | -45.6% |
| Taxes, remuneration and social security | 45 | €6,878 | €2,397 | -€4,481 | -65.2% |
| Taxes | 450/3 | €5,678 | €1,197 | -€4,481 | -78.9% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €601 | €666 | +€65 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,174 | €2,717 | +€1,543 | +131.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €14,423 | €444 | -€13,979 | -96.9% |
| Other operating charges | 640/8 | €5 | €324 | +€319 | +6642.3% |
| Gross operating margin | 9900 | €57,933 | €58,832 | +€900 | +1.6% |
| Operating profit (loss) | 9901 | €42,331 | €55,348 | +€13,017 | +30.8% |
| Financial income | 75/76B | €1 | €1,263 | +€1,263 | +197275.0% |
| Recurring financial income | 75 | €1 | €1,263 | +€1,263 | +197275.0% |
| Financial charges | 65/66B | €3,156 | €16,802 | +€13,646 | +432.3% |
| Recurring financial charges | 65 | €3,156 | €16,802 | +€13,646 | +432.3% |
| Profit (loss) for the period before taxes | 9903 | €39,175 | €39,809 | +€634 | +1.6% |
| Income taxes | 67/77 | €14,586 | €12,666 | -€1,921 | -13.2% |
| Profit (loss) for the period | 9904 | €24,589 | €27,143 | +€2,555 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,589 | €27,143 | +€2,555 | +10.4% |
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 4 October 2026 via checked.be.