5th GÖK: 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.
5th GÖK
Largest movements
- Receivables within one year +€46,271
up €46,271 (+247%), from €18,742 to €65,013
of which Trade receivables: +€42,887
- Deferred charges and accrued income -€30,860
down €30,860 (-78.2%), from €39,440 to €8,580
- Cash +€16,200
up €16,200 (+26.2%), from €61,914 to €78,114
mainly Tax, wage and social debts (+€46,765) and Deferred charges and accrued income (+€30,860)
- Tangible fixed assets -€2,832
down €2,832 (-40.9%), from €6,926 to €4,094
of which Other tangible fixed assets: -€2,645
- Stocks and contracts +€2,500
up €2,500 (+15.6%), from €16,000 to €18,500
- Tax, wage and social debts +€46,765
up €46,765 (+236%), from €19,813 to €66,578
of which Taxes: +€57,305
- Trade debts -€29,229
down €29,229 (-78.5%), from €37,246 to €8,017
- Profit (loss) carried forward +€12,393
up €12,393 (+14.8%), from €83,714 to €96,107
- Purchases and services -€302,177
no longer reported in 2024 (was €302,177)
- Gross operating margin -€17,200
down €17,200 (-17.5%), from €98,513 to €81,313
- Depreciation -€13,690
down €13,690 (-67.2%), from €20,359 to €6,669
- Taxes +€11,131
new in 2024: €11,131
- Staff costs -€4,319
down €4,319 (-8.8%), from €48,810 to €44,491
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,372 | €189,301 | +€29,929 | +18.8% |
| Fixed assets | 21/28 | €23,276 | €19,094 | -€4,182 | -18.0% |
| Intangible fixed assets | 21 | €16,250 | €15,000 | -€1,250 | -7.7% |
| Tangible fixed assets | 22/27 | €6,926 | €4,094 | -€2,832 | -40.9% |
| Plant, machinery and equipment | 23 | €48 | - | -€48 | |
| Furniture and vehicles | 24 | €139 | - | -€139 | |
| Other tangible fixed assets | 26 | €6,739 | €4,094 | -€2,645 | -39.2% |
| Financial fixed assets | 28 | €100 | - | -€100 | |
| Current assets | 29/58 | €136,096 | €170,207 | +€34,111 | +25.1% |
| Stocks and contracts in progress | 3 | €16,000 | €18,500 | +€2,500 | +15.6% |
| Stocks | 30/36 | €16,000 | €18,500 | +€2,500 | +15.6% |
| Amounts receivable within one year | 40/41 | €18,742 | €65,013 | +€46,271 | +247% |
| Trade receivables | 40 | - | €42,887 | +€42,887 | |
| Other amounts receivable | 41 | €18,742 | €22,126 | +€3,384 | +18.1% |
| Cash at bank and in hand | 54/58 | €61,914 | €78,114 | +€16,200 | +26.2% |
| Deferred charges and accrued income | 490/1 | €39,440 | €8,580 | -€30,860 | -78.2% |
| Total equity and liabilities | 10/49 | €159,372 | €189,301 | +€29,929 | +18.8% |
| Equity | 10/15 | €102,313 | €114,707 | +€12,394 | +12.1% |
| Contributions | 10/11 | €18,599 | €18,600 | +€1 | 0.0% |
| Capital | 10 | €18,599 | - | -€18,599 | |
| Issued capital | 100 | €18,599 | - | -€18,599 | |
| Profit (loss) carried forward | 14 | €83,714 | €96,107 | +€12,393 | +14.8% |
| Amounts payable | 17/49 | €57,059 | €74,594 | +€17,535 | +30.7% |
| Amounts payable within one year | 42/48 | €57,059 | €74,594 | +€17,535 | +30.7% |
| Trade debts | 44 | €37,246 | €8,017 | -€29,229 | -78.5% |
| Suppliers | 440/4 | €37,246 | €8,017 | -€29,229 | -78.5% |
| Taxes, remuneration and social security | 45 | €19,813 | €66,578 | +€46,765 | +236% |
| Taxes | 450/3 | €7,173 | €64,478 | +€57,305 | +799% |
| Remuneration and social security | 454/9 | €12,640 | €2,099 | -€10,541 | -83.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €302,177 | - | -€302,177 | |
| Remuneration, social security and pensions | 62 | €48,810 | €44,491 | -€4,319 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,359 | €6,669 | -€13,690 | -67.2% |
| Other operating charges | 640/8 | €3,784 | €5,927 | +€2,143 | +56.6% |
| Gross operating margin | 9900 | €98,513 | €81,313 | -€17,200 | -17.5% |
| Operating profit (loss) | 9901 | €25,560 | €24,227 | -€1,333 | -5.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €402 | €704 | +€302 | +75.0% |
| Recurring financial charges | 65 | €402 | €704 | +€302 | +75.0% |
| Profit (loss) for the period before taxes | 9903 | €25,158 | €23,524 | -€1,634 | -6.5% |
| Income taxes | 67/77 | - | €11,131 | +€11,131 | |
| Profit (loss) for the period | 9904 | €25,158 | €12,393 | -€12,765 | -50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,158 | €12,393 | -€12,765 | -50.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.