GISCOM: what changed
What changed
GISCOM
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
-€638
2024 · €62,932-€63,570
Equity
€811,978
2024 · €812,616-€638
Cash
€87,236
2024 · €121,730-€34,495
Balance sheet total
€968,039
2024 · €1.1m-€83,998
Largest movements
Assets
- Cash -€34,495
down €34,495 (-28.3%), from €121,730 to €87,236
mainly Debts after one year (-€31,379) and Tax, wage and social debts (-€28,705)
- Receivables within one year -€30,358
down €30,358 (-82.4%), from €36,856 to €6,498
of which Other amounts receivable: -€26,000
- Tangible fixed assets -€14,487
down €14,487 (-1.6%), from €885,573 to €871,086
of which Land and buildings: -€8,844
Equity and liabilities
- Debts after one year -€31,379
down €31,379 (-23.5%), from €133,672 to €102,293
- Tax, wage and social debts -€28,705
down €28,705 (-82.8%), from €34,683 to €5,978
- Other debts -€21,183
down €21,183 (-56.4%), from €37,570 to €16,387
Income statement
- Gross operating margin -€101,267
down €101,267 (-82.0%), from €123,514 to €22,247
- Taxes -€30,143
down €30,143 (-97.4%), from €30,960 to €818
- Other operating charges -€8,346
down €8,346 (-88.0%), from €9,484 to €1,138
- Depreciation +€1,374
up €1,374 (+10.5%), from €13,112 to €14,487
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€62,932
Gross operating margin
-€101,267
Staff costs
-€0
Depreciation
-€1,374
Other operating charges
+€8,346
Financial income
-€1
Financial charges
+€584
Taxes
+€30,143
Result 2025
-€638
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€3,399
Investment
-€150
Financing
-€30,946
Cash 2024
€121,730
From operations (derived)
-€3,399
Net result for the year
-€638
Depreciation
+€14,487
Receivables within one year
+€30,358
Deferred charges and accrued income
+€4,809
Trade debts
-€1,445
Tax, wage and social debts
-€28,705
Other debts
-€21,183
Accrued charges and deferred income
-€1,081
Investment (derived)
-€150
Investment in fixed assets (net)
-€150
Financing
-€30,946
Debts after one year
-€31,379
Current portion of long-term debt
+€433
Cash 2025
€87,236
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,052,037 | €968,039 | -€83,998 | -8.0% |
| Fixed assets | 21/28 | €885,672 | €871,335 | -€14,337 | -1.6% |
| Tangible fixed assets | 22/27 | €885,573 | €871,086 | -€14,487 | -1.6% |
| Land and buildings | 22 | €876,811 | €867,968 | -€8,844 | -1.0% |
| Plant, machinery and equipment | 23 | €3,945 | €1,789 | -€2,157 | -54.7% |
| Furniture and vehicles | 24 | €4,816 | €1,330 | -€3,486 | -72.4% |
| Financial fixed assets | 28 | €99 | €249 | +€150 | +152% |
| Current assets | 29/58 | €166,365 | €96,703 | -€69,662 | -41.9% |
| Amounts receivable within one year | 40/41 | €36,856 | €6,498 | -€30,358 | -82.4% |
| Trade receivables | 40 | €10,856 | €6,498 | -€4,358 | -40.1% |
| Other amounts receivable | 41 | €26,000 | - | -€26,000 | |
| Cash at bank and in hand | 54/58 | €121,730 | €87,236 | -€34,495 | -28.3% |
| Deferred charges and accrued income | 490/1 | €7,779 | €2,969 | -€4,809 | -61.8% |
| Total equity and liabilities | 10/49 | €1,052,037 | €968,039 | -€83,998 | -8.0% |
| Equity | 10/15 | €812,616 | €811,978 | -€638 | -0.1% |
| Contributions | 10/11 | €185,200 | €185,200 | = | 0.0% |
| Contributions outside capital | 11 | €185,200 | €185,200 | = | 0.0% |
| Other | 1109/19 | €185,200 | €185,200 | = | 0.0% |
| Reserves | 13 | €81,452 | €81,452 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,520 | - | -€18,520 | |
| Legal reserve | 130 | €18,520 | - | -€18,520 | |
| Distributable reserves | 133 | €62,932 | €81,452 | +€18,520 | +29.4% |
| Profit (loss) carried forward | 14 | €545,964 | €545,326 | -€638 | -0.1% |
| Amounts payable | 17/49 | €239,421 | €156,061 | -€83,360 | -34.8% |
| Amounts payable after more than one year | 17 | €133,672 | €102,293 | -€31,379 | -23.5% |
| Financial debts | 170/4 | €133,672 | €102,293 | -€31,379 | -23.5% |
| Amounts payable within one year | 42/48 | €104,644 | €53,743 | -€50,900 | -48.6% |
| Current portion of amounts payable after more than one year | 42 | €30,946 | €31,379 | +€433 | +1.4% |
| Trade debts | 44 | €1,445 | - | -€1,445 | |
| Suppliers | 440/4 | €1,445 | - | -€1,445 | |
| Taxes, remuneration and social security | 45 | €34,683 | €5,978 | -€28,705 | -82.8% |
| Taxes | 450/3 | €34,683 | €5,978 | -€28,705 | -82.8% |
| Other amounts payable | 47/48 | €37,570 | €16,387 | -€21,183 | -56.4% |
| Accrued charges and deferred income | 492/3 | €1,105 | €25 | -€1,081 | -97.8% |
| Non-recurring operating income | 76A | €950 | - | -€950 | |
| Remuneration, social security and pensions | 62 | €1,942 | €1,943 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,112 | €14,487 | +€1,374 | +10.5% |
| Other operating charges | 640/8 | €9,484 | €1,138 | -€8,346 | -88.0% |
| Gross operating margin | 9900 | €123,514 | €22,247 | -€101,267 | -82.0% |
| Operating profit (loss) | 9901 | €98,975 | €4,680 | -€94,295 | -95.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €5,084 | €4,500 | -€584 | -11.5% |
| Recurring financial charges | 65 | €5,084 | €4,500 | -€584 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €93,892 | €180 | -€93,712 | -99.8% |
| Income taxes | 67/77 | €30,960 | €818 | -€30,143 | -97.4% |
| Profit (loss) for the period | 9904 | €62,932 | -€638 | -€63,570 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,932 | -€638 | -€63,570 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.