GYJAN: 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.
GYJAN
Largest movements
- Receivables within one year +€116,951
up €116,951 (+6814.2%), from €1,716 to €118,668
of which Other amounts receivable: +€118,668
- Cash -€77,240
down €77,240 (-88.6%), from €87,173 to €9,933
mainly Receivables within one year (-€116,951) and Current portion of long-term debt (-€19,754)
- Tangible fixed assets -€10,668
down €10,668 (-12.5%), from €85,461 to €74,792
- Other debts +€24,023
new in 2025: €24,023
- Current portion of long-term debt -€19,754
no longer reported in 2025 (was €19,754)
- Reserves +€19,255
up €19,255 (+57.7%), from €33,374 to €52,628
of which Distributable reserves: +€19,255
- Tax, wage and social debts +€7,009
up €7,009 (+10.7%), from €65,757 to €72,766
- Gross operating margin -€229,157
down €229,157 (-84.1%), from €272,381 to €43,224
- Taxes -€58,748
down €58,748 (-89.3%), from €65,757 to €7,009
- Other operating charges -€10,979
down €10,979 (-61.2%), from €17,927 to €6,949
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 | €174,350 | €203,430 | +€29,080 | +16.7% |
| Fixed assets | 21/28 | €85,461 | €74,792 | -€10,668 | -12.5% |
| Tangible fixed assets | 22/27 | €85,461 | €74,792 | -€10,668 | -12.5% |
| Land and buildings | 22 | €85,461 | €74,792 | -€10,668 | -12.5% |
| Current assets | 29/58 | €88,889 | €128,638 | +€39,749 | +44.7% |
| Amounts receivable within one year | 40/41 | €1,716 | €118,668 | +€116,951 | +6814.2% |
| Trade receivables | 40 | €1,716 | - | -€1,716 | |
| Other amounts receivable | 41 | - | €118,668 | +€118,668 | |
| Cash at bank and in hand | 54/58 | €87,173 | €9,933 | -€77,240 | -88.6% |
| Deferred charges and accrued income | 490/1 | - | €37 | +€37 | |
| Total equity and liabilities | 10/49 | €174,350 | €203,430 | +€29,080 | +16.7% |
| Equity | 10/15 | €86,172 | €105,427 | +€19,255 | +22.3% |
| Contributions | 10/11 | €52,798 | €52,798 | = | 0.0% |
| Reserves | 13 | €33,374 | €52,628 | +€19,255 | +57.7% |
| Non-distributable reserves | 130/1 | €11 | €11 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11 | €11 | = | 0.0% |
| Distributable reserves | 133 | €33,363 | €52,618 | +€19,255 | +57.7% |
| Amounts payable | 17/49 | €88,178 | €98,004 | +€9,826 | +11.1% |
| Amounts payable within one year | 42/48 | €87,478 | €97,942 | +€10,464 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €19,754 | - | -€19,754 | |
| Trade debts | 44 | €1,967 | €1,153 | -€814 | -41.4% |
| Suppliers | 440/4 | €1,967 | €1,153 | -€814 | -41.4% |
| Taxes, remuneration and social security | 45 | €65,757 | €72,766 | +€7,009 | +10.7% |
| Taxes | 450/3 | €65,757 | €72,766 | +€7,009 | +10.7% |
| Other amounts payable | 47/48 | - | €24,023 | +€24,023 | |
| Accrued charges and deferred income | 492/3 | €700 | €62 | -€638 | -91.1% |
| Non-recurring operating income | 76A | €232,066 | - | -€232,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,909 | €10,668 | -€2,241 | -17.4% |
| Other operating charges | 640/8 | €17,927 | €6,949 | -€10,979 | -61.2% |
| Gross operating margin | 9900 | €272,381 | €43,224 | -€229,157 | -84.1% |
| Operating profit (loss) | 9901 | €241,544 | €25,607 | -€215,937 | -89.4% |
| Financial income | 75/76B | €419 | €1,248 | +€829 | +197.8% |
| Recurring financial income | 75 | €419 | €1,248 | +€829 | +197.8% |
| Financial charges | 65/66B | €651 | €591 | -€60 | -9.3% |
| Recurring financial charges | 65 | €651 | €591 | -€60 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €241,311 | €26,264 | -€215,048 | -89.1% |
| Income taxes | 67/77 | €65,757 | €7,009 | -€58,748 | -89.3% |
| Profit (loss) for the period | 9904 | €175,554 | €19,255 | -€156,299 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €175,554 | €19,255 | -€156,299 | -89.0% |
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 8 October 2026 via checked.be.