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.
GIRISPORT
Largest movements
- Stocks and contracts +€7,260
up €7,260 (+5.0%), from €144,787 to €152,047
- Receivables within one year +€6,632
up €6,632 (+917.8%), from €723 to €7,355
- Tangible fixed assets -€3,315
down €3,315 (-12.1%), from €27,484 to €24,169
of which Furniture and vehicles: -€4,229
- Profit (loss) carried forward +€45,540
up €45,540 (+11.7%), from -€389,352 to -€343,812
- Other debts -€23,886
down €23,886 (-38.8%), from €61,511 to €37,625
- Short-term financial debts -€9,593
down €9,593 (-100.0%), from €9,593 to €0
- Current portion of long-term debt -€3,039
down €3,039 (-74.4%), from €4,085 to €1,046
- Gross operating margin +€7,403
up €7,403 (+14.8%), from €49,903 to €57,306
- Depreciation +€576
up €576 (+6.5%), from €8,924 to €9,500
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 | €183,315 | €192,869 | +€9,553 | +5.2% |
| Fixed assets | 21/28 | €28,783 | €24,268 | -€4,515 | -15.7% |
| Intangible fixed assets | 21 | €1,200 | €0 | -€1,200 | -100.0% |
| Tangible fixed assets | 22/27 | €27,484 | €24,169 | -€3,315 | -12.1% |
| Land and buildings | 22 | €1,046 | €448 | -€598 | -57.2% |
| Plant, machinery and equipment | 23 | €19,965 | €21,477 | +€1,512 | +7.6% |
| Furniture and vehicles | 24 | €6,473 | €2,245 | -€4,229 | -65.3% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €154,532 | €168,600 | +€14,068 | +9.1% |
| Stocks and contracts in progress | 3 | €144,787 | €152,047 | +€7,260 | +5.0% |
| Stocks | 30/36 | €144,787 | €152,047 | +€7,260 | +5.0% |
| Amounts receivable within one year | 40/41 | €723 | €7,355 | +€6,632 | +917.8% |
| Trade receivables | 40 | €723 | €7,355 | +€6,632 | +917.8% |
| Cash at bank and in hand | 54/58 | €6,622 | €6,668 | +€46 | +0.7% |
| Deferred charges and accrued income | 490/1 | €2,400 | €2,530 | +€130 | +5.4% |
| Total equity and liabilities | 10/49 | €183,315 | €192,869 | +€9,553 | +5.2% |
| Equity | 10/15 | -€35,122 | €10,418 | +€45,540 | |
| Contributions | 10/11 | €347,100 | €347,100 | = | 0.0% |
| Reserves | 13 | €7,130 | €7,130 | = | 0.0% |
| Distributable reserves | 133 | €7,130 | €7,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€389,352 | -€343,812 | +€45,540 | +11.7% |
| Amounts payable | 17/49 | €218,437 | €182,451 | -€35,986 | -16.5% |
| Amounts payable after more than one year | 17 | €124,992 | €123,947 | -€1,046 | -0.8% |
| Financial debts | 170/4 | €1,046 | €0 | -€1,046 | -100.0% |
| Other amounts payable | 178/9 | €123,947 | €123,947 | = | 0.0% |
| Amounts payable within one year | 42/48 | €92,279 | €56,997 | -€35,282 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | €4,085 | €1,046 | -€3,039 | -74.4% |
| Financial debts | 43 | €9,593 | €0 | -€9,593 | -100.0% |
| Credit institutions | 430/8 | €9,593 | €0 | -€9,593 | -100.0% |
| Trade debts | 44 | €6,533 | €6,530 | -€3 | -0.1% |
| Suppliers | 440/4 | €6,533 | €6,530 | -€3 | -0.1% |
| Taxes, remuneration and social security | 45 | €10,557 | €11,796 | +€1,239 | +11.7% |
| Taxes | 450/3 | €10,557 | €11,796 | +€1,239 | +11.7% |
| Other amounts payable | 47/48 | €61,511 | €37,625 | -€23,886 | -38.8% |
| Accrued charges and deferred income | 492/3 | €1,166 | €1,508 | +€342 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,924 | €9,500 | +€576 | +6.5% |
| Other operating charges | 640/8 | €545 | €966 | +€420 | +77.1% |
| Gross operating margin | 9900 | €49,903 | €57,306 | +€7,403 | +14.8% |
| Operating profit (loss) | 9901 | €40,434 | €46,840 | +€6,406 | +15.8% |
| Financial income | 75/76B | €823 | €1,319 | +€496 | +60.2% |
| Recurring financial income | 75 | €823 | €1,319 | +€496 | +60.2% |
| Financial charges | 65/66B | €3,066 | €2,619 | -€447 | -14.6% |
| Recurring financial charges | 65 | €3,066 | €2,619 | -€447 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €38,191 | €45,540 | +€7,349 | +19.2% |
| Profit (loss) for the period | 9904 | €38,191 | €45,540 | +€7,349 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,191 | €45,540 | +€7,349 | +19.2% |
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 26 September 2026 via checked.be.