GV WIZARD: 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.
GV WIZARD
Largest movements
- Cash +€87,564
up €87,564 (+84.1%), from €104,074 to €191,639
mainly Debts after one year (+€30,873) and Depreciation (+€17,566)
- Tangible fixed assets -€17,566
down €17,566 (-35.2%), from €49,933 to €32,368
of which Furniture and vehicles: -€16,458
- Receivables within one year -€3,539
down €3,539 (-59.5%), from €5,952 to €2,412
of which Other amounts receivable: -€1,884
- Debts after one year +€30,873
new in 2025: €30,873
- Other debts +€14,224
up €14,224 (+16.1%), from €88,276 to €102,500
- Current portion of long-term debt +€10,103
new in 2025: €10,103
- Tax, wage and social debts +€6,950
up €6,950 (+261%), from €2,661 to €9,611
- Profit (loss) carried forward +€2,538
up €2,538 (+6.7%), from €37,861 to €40,399
- Gross operating margin -€6,313
down €6,313 (-17.9%), from €35,186 to €28,872
- Financial charges +€1,602
up €1,602 (+24.4%), from €6,563 to €8,165
- Other operating charges -€481
down €481 (-31.5%), from €1,526 to €1,045
- Depreciation -€372
down €372 (-2.1%), from €17,937 to €17,566
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 | €161,242 | €227,701 | +€66,460 | +41.2% |
| Fixed assets | 21/28 | €50,515 | €32,950 | -€17,566 | -34.8% |
| Tangible fixed assets | 22/27 | €49,933 | €32,368 | -€17,566 | -35.2% |
| Plant, machinery and equipment | 23 | €4,143 | €3,035 | -€1,108 | -26.7% |
| Furniture and vehicles | 24 | €45,790 | €29,333 | -€16,458 | -35.9% |
| Financial fixed assets | 28 | €582 | €582 | = | 0.0% |
| Current assets | 29/58 | €110,727 | €194,752 | +€84,025 | +75.9% |
| Stocks and contracts in progress | 3 | €701 | €701 | = | 0.0% |
| Stocks | 30/36 | €701 | €701 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,952 | €2,412 | -€3,539 | -59.5% |
| Trade receivables | 40 | €3,984 | €2,328 | -€1,656 | -41.6% |
| Other amounts receivable | 41 | €1,967 | €84 | -€1,884 | -95.7% |
| Cash at bank and in hand | 54/58 | €104,074 | €191,639 | +€87,564 | +84.1% |
| Total equity and liabilities | 10/49 | €161,242 | €227,701 | +€66,460 | +41.2% |
| Equity | 10/15 | €65,361 | €67,899 | +€2,538 | +3.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,861 | €40,399 | +€2,538 | +6.7% |
| Amounts payable | 17/49 | €95,881 | €159,803 | +€63,922 | +66.7% |
| Amounts payable after more than one year | 17 | - | €30,873 | +€30,873 | |
| Financial debts | 170/4 | - | €30,873 | +€30,873 | |
| Amounts payable within one year | 42/48 | €93,766 | €126,815 | +€33,048 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | - | €10,103 | +€10,103 | |
| Trade debts | 44 | €2,829 | €4,600 | +€1,771 | +62.6% |
| Suppliers | 440/4 | €2,829 | €4,600 | +€1,771 | +62.6% |
| Taxes, remuneration and social security | 45 | €2,661 | €9,611 | +€6,950 | +261% |
| Taxes | 450/3 | €2,661 | €9,611 | +€6,950 | +261% |
| Other amounts payable | 47/48 | €88,276 | €102,500 | +€14,224 | +16.1% |
| Accrued charges and deferred income | 492/3 | €2,115 | €2,115 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,937 | €17,566 | -€372 | -2.1% |
| Other operating charges | 640/8 | €1,526 | €1,045 | -€481 | -31.5% |
| Gross operating margin | 9900 | €35,186 | €28,872 | -€6,313 | -17.9% |
| Operating profit (loss) | 9901 | €15,722 | €10,262 | -€5,460 | -34.7% |
| Financial income | 75/76B | €601 | €571 | -€30 | -4.9% |
| Recurring financial income | 75 | €601 | €571 | -€30 | -4.9% |
| Financial charges | 65/66B | €6,563 | €8,165 | +€1,602 | +24.4% |
| Recurring financial charges | 65 | €6,563 | €8,165 | +€1,602 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €9,760 | €2,668 | -€7,092 | -72.7% |
| Income taxes | 67/77 | €126 | €131 | +€5 | +4.1% |
| Profit (loss) for the period | 9904 | €9,635 | €2,538 | -€7,097 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,635 | €2,538 | -€7,097 | -73.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.