FOTO VAN GORP: 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.
FOTO VAN GORP
Largest movements
- Cash +€10,631
up €10,631 (+107%), from €9,897 to €20,528
mainly Net result for the year (+€7,048) and Receivables within one year (+€4,076)
- Receivables within one year -€4,076
down €4,076 (-61.2%), from €6,656 to €2,581
of which Trade receivables: -€4,009
- Reserves +€7,048
up €7,048 (+8.6%), from €82,010 to €89,058
- Trade debts -€1,825
down €1,825 (-89.5%), from €2,040 to €215
- Tax, wage and social debts +€1,298
up €1,298 (+55.1%), from €2,354 to €3,652
- Gross operating margin +€5,081
up €5,081 (+66.4%), from €7,647 to €12,729
- Depreciation -€935
down €935 (-22.2%), from €4,209 to €3,274
- Taxes +€584
up €584 (+482%), from €121 to €705
- Financial income +€436
up €436 (+1,132%), from €39 to €474
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 | €106,282 | €113,107 | +€6,824 | +6.4% |
| Fixed assets | 21/28 | €86,422 | €86,248 | -€174 | -0.2% |
| Tangible fixed assets | 22/27 | €86,422 | €86,248 | -€174 | -0.2% |
| Land and buildings | 22 | €81,858 | €81,210 | -€648 | -0.8% |
| Plant, machinery and equipment | 23 | €1,440 | €3,299 | +€1,859 | +129% |
| Furniture and vehicles | 24 | €3,123 | €1,739 | -€1,385 | -44.3% |
| Current assets | 29/58 | €19,861 | €26,859 | +€6,998 | +35.2% |
| Stocks and contracts in progress | 3 | €1,829 | €2,207 | +€378 | +20.6% |
| Stocks | 30/36 | €1,829 | €2,207 | +€378 | +20.6% |
| Amounts receivable within one year | 40/41 | €6,656 | €2,581 | -€4,076 | -61.2% |
| Trade receivables | 40 | €6,562 | €2,553 | -€4,009 | -61.1% |
| Other amounts receivable | 41 | €95 | €28 | -€67 | -70.5% |
| Cash at bank and in hand | 54/58 | €9,897 | €20,528 | +€10,631 | +107% |
| Deferred charges and accrued income | 490/1 | €1,478 | €1,544 | +€65 | +4.4% |
| Total equity and liabilities | 10/49 | €106,282 | €113,107 | +€6,824 | +6.4% |
| Equity | 10/15 | €100,610 | €107,658 | +€7,048 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,010 | €89,058 | +€7,048 | +8.6% |
| Distributable reserves | 133 | €82,010 | €89,058 | +€7,048 | +8.6% |
| Amounts payable | 17/49 | €5,672 | €5,448 | -€224 | -3.9% |
| Amounts payable within one year | 42/48 | €5,672 | €5,144 | -€528 | -9.3% |
| Trade debts | 44 | €2,040 | €215 | -€1,825 | -89.5% |
| Suppliers | 440/4 | €2,040 | €215 | -€1,825 | -89.5% |
| Taxes, remuneration and social security | 45 | €2,354 | €3,652 | +€1,298 | +55.1% |
| Taxes | 450/3 | €2,354 | €3,652 | +€1,298 | +55.1% |
| Other amounts payable | 47/48 | €1,278 | €1,278 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €304 | +€304 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,209 | €3,274 | -€935 | -22.2% |
| Other operating charges | 640/8 | €1,843 | €1,920 | +€77 | +4.2% |
| Gross operating margin | 9900 | €7,647 | €12,729 | +€5,081 | +66.4% |
| Operating profit (loss) | 9901 | €1,595 | €7,535 | +€5,940 | +372% |
| Financial income | 75/76B | €39 | €474 | +€436 | +1,132% |
| Recurring financial income | 75 | €39 | €474 | +€436 | +1,132% |
| Financial charges | 65/66B | €302 | €256 | -€47 | -15.4% |
| Recurring financial charges | 65 | €302 | €256 | -€47 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €1,331 | €7,753 | +€6,422 | +482% |
| Income taxes | 67/77 | €121 | €705 | +€584 | +482% |
| Profit (loss) for the period | 9904 | €1,210 | €7,048 | +€5,838 | +482% |
| Profit (loss) for the period to be appropriated | 9905 | €1,210 | €7,048 | +€5,838 | +482% |
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 13 October 2026 via checked.be.