Gio & Co.: 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.
Gio & Co.
Largest movements
- Tangible fixed assets +€140,682
up €140,682 (+117%), from €120,340 to €261,022
of which Land and buildings: +€126,356
- Receivables within one year -€18,085
down €18,085 (-16.7%), from €108,004 to €89,919
of which Other amounts receivable: -€39,762
- Cash -€7,950
down €7,950 (-95.7%), from €8,307 to €357
mainly Investment in fixed assets (net) (-€164,282) and Tax, wage and social debts (-€2,103)
- Debts after one year +€47,803
up €47,803 (+18.6%), from €257,370 to €305,173
- Current portion of long-term debt +€21,205
up €21,205 (+60.9%), from €34,812 to €56,018
- Reserves +€18,721
up €18,721 (+11.0%), from €169,653 to €188,374
- Other debts +€16,232
up €16,232 (+843%), from €1,926 to €18,158
- Trade debts +€12,078
up €12,078 (+134%), from €9,036 to €21,114
- Financial charges +€7,510
up €7,510 (+72.5%), from €10,365 to €17,874
- Gross operating margin -€7,310
down €7,310 (-9.2%), from €79,404 to €72,094
- Depreciation +€5,737
up €5,737 (+32.1%), from €17,863 to €23,599
- Taxes -€3,449
down €3,449 (-24.3%), from €14,180 to €10,730
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 | €489,528 | €604,189 | +€114,661 | +23.4% |
| Fixed assets | 21/28 | €372,840 | €513,522 | +€140,682 | +37.7% |
| Tangible fixed assets | 22/27 | €120,340 | €261,022 | +€140,682 | +117% |
| Land and buildings | 22 | €116,567 | €242,923 | +€126,356 | +108% |
| Plant, machinery and equipment | 23 | - | €11,800 | +€11,800 | |
| Furniture and vehicles | 24 | €1,215 | €918 | -€298 | -24.5% |
| Other tangible fixed assets | 26 | €2,558 | €5,382 | +€2,824 | +110% |
| Financial fixed assets | 28 | €252,500 | €252,500 | = | 0.0% |
| Current assets | 29/58 | €116,688 | €90,667 | -€26,021 | -22.3% |
| Amounts receivable within one year | 40/41 | €108,004 | €89,919 | -€18,085 | -16.7% |
| Trade receivables | 40 | €53,004 | €74,681 | +€21,677 | +40.9% |
| Other amounts receivable | 41 | €55,000 | €15,238 | -€39,762 | -72.3% |
| Cash at bank and in hand | 54/58 | €8,307 | €357 | -€7,950 | -95.7% |
| Deferred charges and accrued income | 490/1 | €377 | €390 | +€13 | +3.6% |
| Total equity and liabilities | 10/49 | €489,528 | €604,189 | +€114,661 | +23.4% |
| Equity | 10/15 | €171,153 | €189,874 | +€18,721 | +10.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €169,653 | €188,374 | +€18,721 | +11.0% |
| Distributable reserves | 133 | €169,653 | €188,374 | +€18,721 | +11.0% |
| Amounts payable | 17/49 | €318,375 | €414,315 | +€95,940 | +30.1% |
| Amounts payable after more than one year | 17 | €257,370 | €305,173 | +€47,803 | +18.6% |
| Financial debts | 170/4 | €257,370 | €305,173 | +€47,803 | +18.6% |
| Amounts payable within one year | 42/48 | €61,005 | €108,679 | +€47,674 | +78.1% |
| Current portion of amounts payable after more than one year | 42 | €34,812 | €56,018 | +€21,205 | +60.9% |
| Trade debts | 44 | €9,036 | €21,114 | +€12,078 | +134% |
| Suppliers | 440/4 | €9,036 | €21,114 | +€12,078 | +134% |
| Advances received on contracts in progress | 46 | - | €261 | +€261 | |
| Taxes, remuneration and social security | 45 | €15,231 | €13,129 | -€2,103 | -13.8% |
| Taxes | 450/3 | €15,231 | €13,129 | -€2,103 | -13.8% |
| Other amounts payable | 47/48 | €1,926 | €18,158 | +€16,232 | +843% |
| Accrued charges and deferred income | 492/3 | - | €464 | +€464 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,863 | €23,599 | +€5,737 | +32.1% |
| Other operating charges | 640/8 | €788 | €1,432 | +€644 | +81.7% |
| Gross operating margin | 9900 | €79,404 | €72,094 | -€7,310 | -9.2% |
| Operating profit (loss) | 9901 | €60,753 | €47,063 | -€13,691 | -22.5% |
| Financial income | 75/76B | €1 | €263 | +€263 | +51,476% |
| Recurring financial income | 75 | €1 | €263 | +€263 | +51,476% |
| Financial charges | 65/66B | €10,365 | €17,874 | +€7,510 | +72.5% |
| Recurring financial charges | 65 | €10,365 | €17,874 | +€7,510 | +72.5% |
| Profit (loss) for the period before taxes | 9903 | €50,389 | €29,451 | -€20,938 | -41.6% |
| Income taxes | 67/77 | €14,180 | €10,730 | -€3,449 | -24.3% |
| Profit (loss) for the period | 9904 | €36,209 | €18,721 | -€17,488 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,209 | €18,721 | -€17,488 | -48.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.