GIZMO Management: 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.
GIZMO Management
Largest movements
- Tangible fixed assets -€19,376
down €19,376 (-7.8%), from €247,588 to €228,212
of which Leasing and similar rights: -€11,198
- Cash -€3,360
down €3,360 (-10.5%), from €31,901 to €28,541
mainly Debts after one year (-€17,923) and Current portion of long-term debt (-€16,490)
- Debts after one year -€17,923
down €17,923 (-51.2%), from €35,023 to €17,100
- Current portion of long-term debt -€16,490
down €16,490 (-50.0%), from €33,013 to €16,523
- Reserves +€14,547
up €14,547 (+11.9%), from €122,089 to €136,636
of which Distributable reserves: +€16,535
- Gross operating margin -€12,070
down €12,070 (-20.8%), from €57,978 to €45,909
- Taxes -€3,141
down €3,141 (-29.7%), from €10,568 to €7,428
- Financial charges -€1,214
down €1,214 (-34.6%), from €3,509 to €2,295
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 | €312,711 | €291,375 | -€21,336 | -6.8% |
| Fixed assets | 21/28 | €266,308 | €246,932 | -€19,376 | -7.3% |
| Tangible fixed assets | 22/27 | €247,588 | €228,212 | -€19,376 | -7.8% |
| Land and buildings | 22 | €227,771 | €221,927 | -€5,844 | -2.6% |
| Furniture and vehicles | 24 | €3,894 | €1,560 | -€2,334 | -59.9% |
| Leasing and similar rights | 25 | €15,922 | €4,724 | -€11,198 | -70.3% |
| Financial fixed assets | 28 | €18,720 | €18,720 | = | 0.0% |
| Current assets | 29/58 | €46,403 | €44,443 | -€1,960 | -4.2% |
| Amounts receivable within one year | 40/41 | €749 | €1,756 | +€1,007 | +134.5% |
| Trade receivables | 40 | €330 | €210 | -€121 | -36.6% |
| Other amounts receivable | 41 | €419 | €1,547 | +€1,128 | +269.3% |
| Cash at bank and in hand | 54/58 | €31,901 | €28,541 | -€3,360 | -10.5% |
| Deferred charges and accrued income | 490/1 | €13,753 | €14,146 | +€393 | +2.9% |
| Total equity and liabilities | 10/49 | €312,711 | €291,375 | -€21,336 | -6.8% |
| Equity | 10/15 | €232,811 | €247,359 | +€14,547 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €122,089 | €136,636 | +€14,547 | +11.9% |
| Tax-exempt reserves | 132 | €1,987 | €0 | -€1,987 | -100.0% |
| Distributable reserves | 133 | €120,102 | €136,636 | +€16,535 | +13.8% |
| Profit (loss) carried forward | 14 | €92,122 | €92,122 | = | 0.0% |
| Provisions and deferred taxes | 16 | €662 | €0 | -€662 | -100.0% |
| Deferred taxes | 168 | €662 | €0 | -€662 | -100.0% |
| Amounts payable | 17/49 | €79,237 | €44,016 | -€35,221 | -44.4% |
| Amounts payable after more than one year | 17 | €35,023 | €17,100 | -€17,923 | -51.2% |
| Financial debts | 170/4 | €35,023 | €17,100 | -€17,923 | -51.2% |
| Amounts payable within one year | 42/48 | €42,483 | €25,576 | -€16,907 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | €33,013 | €16,523 | -€16,490 | -50.0% |
| Trade debts | 44 | €3,919 | €2,580 | -€1,339 | -34.2% |
| Suppliers | 440/4 | €3,919 | €2,580 | -€1,339 | -34.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,349 | €6,403 | +€1,054 | +19.7% |
| Taxes | 450/3 | €3,538 | €4,533 | +€995 | +28.1% |
| Remuneration and social security | 454/9 | €1,811 | €1,870 | +€59 | +3.3% |
| Other amounts payable | 47/48 | €203 | €71 | -€132 | -65.1% |
| Accrued charges and deferred income | 492/3 | €1,731 | €1,340 | -€391 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,387 | €19,376 | -€11 | -0.1% |
| Other operating charges | 640/8 | €2,853 | €2,949 | +€97 | +3.4% |
| Gross operating margin | 9900 | €57,978 | €45,909 | -€12,070 | -20.8% |
| Operating profit (loss) | 9901 | €35,739 | €23,583 | -€12,155 | -34.0% |
| Financial income | 75/76B | €1 | €24 | +€23 | +2162.3% |
| Recurring financial income | 75 | €1 | €24 | +€23 | +2162.3% |
| Financial charges | 65/66B | €3,509 | €2,295 | -€1,214 | -34.6% |
| Recurring financial charges | 65 | €3,509 | €2,295 | -€1,214 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €32,231 | €21,312 | -€10,918 | -33.9% |
| Transfer from deferred taxes | 780 | €662 | €662 | +€0 | 0.0% |
| Income taxes | 67/77 | €10,568 | €7,428 | -€3,141 | -29.7% |
| Profit (loss) for the period | 9904 | €22,325 | €14,547 | -€7,778 | -34.8% |
| Transfer from tax-exempt reserves | 789 | €1,987 | €1,987 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,312 | €16,535 | -€7,778 | -32.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.