GYORGI: 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.
GYORGI
Largest movements
- Tangible fixed assets +€159,693
up €159,693 (+621.9%), from €25,676 to €185,370
of which Land and buildings: +€174,118
- Receivables within one year +€45,751
up €45,751 (+62.8%), from €72,794 to €118,545
of which Trade receivables: +€43,053
- Cash +€31,217
up €31,217 (+80.1%), from €38,988 to €70,206
mainly Trade debts (+€149,499) and Other debts (+€73,971)
- Trade debts +€149,499
up €149,499 (+203.0%), from €73,635 to €223,134
- Other debts +€73,971
up €73,971 (+987.6%), from €7,490 to €81,461
- Profit (loss) carried forward +€23,001
up €23,001 (+110.6%), from €20,799 to €43,800
- Current portion of long-term debt -€8,463
no longer reported in 2025 (was €8,463)
- Debts after one year -€5,875
no longer reported in 2025 (was €5,875)
- Turnover -€258,043
no longer reported in 2025 (was €258,043)
- Purchases and services +€26,085
up €26,085 (+13.8%), from €189,430 to €215,515
- Gross operating margin -€25,308
down €25,308 (-36.6%), from €69,196 to €43,888
- Staff costs -€20,885
down €20,885 (-99.3%), from €21,023 to €139
- Other operating charges -€17,125
down €17,125 (-82.5%), from €20,757 to €3,633
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 | €139,316 | €376,117 | +€236,801 | +170.0% |
| Fixed assets | 21/28 | €26,126 | €185,985 | +€159,858 | +611.9% |
| Tangible fixed assets | 22/27 | €25,676 | €185,370 | +€159,693 | +621.9% |
| Land and buildings | 22 | - | €174,118 | +€174,118 | |
| Plant, machinery and equipment | 23 | €10,019 | €8,325 | -€1,694 | -16.9% |
| Furniture and vehicles | 24 | €15,658 | €2,928 | -€12,730 | -81.3% |
| Financial fixed assets | 28 | €450 | €615 | +€165 | +36.7% |
| Current assets | 29/58 | €113,190 | €190,132 | +€76,943 | +68.0% |
| Amounts receivable within one year | 40/41 | €72,794 | €118,545 | +€45,751 | +62.8% |
| Trade receivables | 40 | €72,151 | €115,204 | +€43,053 | +59.7% |
| Other amounts receivable | 41 | €643 | €3,341 | +€2,698 | +419.3% |
| Cash at bank and in hand | 54/58 | €38,988 | €70,206 | +€31,217 | +80.1% |
| Deferred charges and accrued income | 490/1 | €1,407 | €1,381 | -€25 | -1.8% |
| Total equity and liabilities | 10/49 | €139,316 | €376,117 | +€236,801 | +170.0% |
| Equity | 10/15 | €25,799 | €48,800 | +€23,001 | +89.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,799 | €43,800 | +€23,001 | +110.6% |
| Amounts payable | 17/49 | €113,517 | €327,317 | +€213,800 | +188.3% |
| Amounts payable after more than one year | 17 | €5,875 | - | -€5,875 | |
| Financial debts | 170/4 | €5,875 | - | -€5,875 | |
| Amounts payable within one year | 42/48 | €107,642 | €327,317 | +€219,675 | +204.1% |
| Current portion of amounts payable after more than one year | 42 | €8,463 | - | -€8,463 | |
| Trade debts | 44 | €73,635 | €223,134 | +€149,499 | +203.0% |
| Suppliers | 440/4 | €73,635 | €223,134 | +€149,499 | +203.0% |
| Taxes, remuneration and social security | 45 | €18,054 | €22,722 | +€4,668 | +25.9% |
| Taxes | 450/3 | €9,720 | €8,652 | -€1,068 | -11.0% |
| Remuneration and social security | 454/9 | €8,334 | €14,070 | +€5,736 | +68.8% |
| Other amounts payable | 47/48 | €7,490 | €81,461 | +€73,971 | +987.6% |
| Turnover | 70 | €258,043 | - | -€258,043 | |
| Goods, raw materials, services and sundry goods | 60/61 | €189,430 | €215,515 | +€26,085 | +13.8% |
| Remuneration, social security and pensions | 62 | €21,023 | €139 | -€20,885 | -99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,590 | €7,819 | -€6,772 | -46.4% |
| Other operating charges | 640/8 | €20,757 | €3,633 | -€17,125 | -82.5% |
| Gross operating margin | 9900 | €69,196 | €43,888 | -€25,308 | -36.6% |
| Operating profit (loss) | 9901 | €12,826 | €32,298 | +€19,473 | +151.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,074 | €645 | -€429 | -39.9% |
| Recurring financial charges | 65 | €1,074 | €645 | -€429 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €11,752 | €31,653 | +€19,902 | +169.4% |
| Income taxes | 67/77 | €3,169 | €8,652 | +€5,483 | +173.0% |
| Profit (loss) for the period | 9904 | €8,583 | €23,001 | +€14,418 | +168.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,583 | €23,001 | +€14,418 | +168.0% |
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 3 October 2026 via checked.be.