GJINI FACADES: 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.
GJINI FACADES
Largest movements
- Cash +€50,898
up €50,898 (+344%), from €14,780 to €65,678
mainly Net result for the year (+€68,182) and Debts after one year (+€21,333)
- Receivables within one year +€28,046
up €28,046 (+3,604%), from €778 to €28,824
of which Trade receivables: +€22,648
- Tangible fixed assets +€22,030
up €22,030 (+202%), from €10,897 to €32,927
of which Furniture and vehicles: +€25,030
- Stocks and contracts -€10,000
down €10,000 (-100%), from €10,000 to €0
- Profit (loss) carried forward +€68,182
up €68,182 (+2,080%), from €3,278 to €71,459
- Debts after one year +€21,333
new in 2025: €21,333
- Current portion of long-term debt +€6,810
new in 2025: €6,810
- Other debts -€6,636
down €6,636 (-38.3%), from €17,309 to €10,674
- Tax, wage and social debts +€2,161
up €2,161 (+71.2%), from €3,036 to €5,197
- Gross operating margin +€89,803
up €89,803 (+1,836%), from €4,892 to €94,694
- Taxes +€16,310
up €16,310 (+2,133%), from €765 to €17,074
- Depreciation +€7,744
up €7,744 (+924%), from €838 to €8,582
- Financial charges +€1,101
up €1,101 (+9,571%), from €12 to €1,112
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 | €36,456 | €127,912 | +€91,456 | +251% |
| Fixed assets | 21/28 | €10,897 | €32,927 | +€22,030 | +202% |
| Tangible fixed assets | 22/27 | €10,897 | €32,927 | +€22,030 | +202% |
| Plant, machinery and equipment | 23 | €8,323 | €5,323 | -€3,000 | -36.0% |
| Furniture and vehicles | 24 | €2,574 | €27,604 | +€25,030 | +972% |
| Current assets | 29/58 | €25,558 | €94,984 | +€69,426 | +272% |
| Stocks and contracts in progress | 3 | €10,000 | €0 | -€10,000 | -100% |
| Contracts in progress | 37 | €10,000 | €0 | -€10,000 | -100% |
| Amounts receivable within one year | 40/41 | €778 | €28,824 | +€28,046 | +3,604% |
| Trade receivables | 40 | - | €22,648 | +€22,648 | |
| Other amounts receivable | 41 | €778 | €6,177 | +€5,398 | +694% |
| Cash at bank and in hand | 54/58 | €14,780 | €65,678 | +€50,898 | +344% |
| Deferred charges and accrued income | 490/1 | - | €482 | +€482 | |
| Total equity and liabilities | 10/49 | €36,456 | €127,912 | +€91,456 | +251% |
| Equity | 10/15 | €13,278 | €81,459 | +€68,182 | +514% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,278 | €71,459 | +€68,182 | +2,080% |
| Amounts payable | 17/49 | €23,178 | €46,452 | +€23,274 | +100% |
| Amounts payable after more than one year | 17 | - | €21,333 | +€21,333 | |
| Financial debts | 170/4 | - | €21,333 | +€21,333 | |
| Amounts payable within one year | 42/48 | €23,178 | €25,120 | +€1,942 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | - | €6,810 | +€6,810 | |
| Trade debts | 44 | €2,833 | €2,439 | -€394 | -13.9% |
| Suppliers | 440/4 | €2,833 | €2,439 | -€394 | -13.9% |
| Taxes, remuneration and social security | 45 | €3,036 | €5,197 | +€2,161 | +71.2% |
| Taxes | 450/3 | €3,036 | €5,197 | +€2,161 | +71.2% |
| Other amounts payable | 47/48 | €17,309 | €10,674 | -€6,636 | -38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €838 | €8,582 | +€7,744 | +924% |
| Other operating charges | 640/8 | - | €265 | +€265 | |
| Gross operating margin | 9900 | €4,892 | €94,694 | +€89,803 | +1,836% |
| Operating profit (loss) | 9901 | €4,054 | €85,848 | +€81,794 | +2,018% |
| Financial income | 75/76B | €0 | €520 | +€520 | +2,599,650% |
| Recurring financial income | 75 | €0 | €520 | +€520 | +2,599,650% |
| Financial charges | 65/66B | €12 | €1,112 | +€1,101 | +9,571% |
| Recurring financial charges | 65 | €12 | €1,112 | +€1,101 | +9,571% |
| Profit (loss) for the period before taxes | 9903 | €4,042 | €85,256 | +€81,213 | +2,009% |
| Income taxes | 67/77 | €765 | €17,074 | +€16,310 | +2,133% |
| Profit (loss) for the period | 9904 | €3,278 | €68,182 | +€64,904 | +1,980% |
| Profit (loss) for the period to be appropriated | 9905 | €3,278 | €68,182 | +€64,904 | +1,980% |
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 23 October 2026 via checked.be.