GANDA UPKOT: 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.
GANDA UPKOT
Largest movements
- Tangible fixed assets -€531,411
down €531,411 (-4.3%), from €12.4m to €11.9m
- Cash -€428,753
down €428,753 (-81.4%), from €526,535 to €97,782
mainly Contributions, distributions and other (-€439,313) and Receivables within one year (-€409,751)
- Receivables within one year +€409,751
up €409,751 (+98,754%), from €415 to €410,166
of which Other amounts receivable: +€410,000
- Contributions -€439,313
down €439,313 (-3.2%), from €13.9m to €13.5m
- Gross operating margin +€30,203
up €30,203 (+6.2%), from €485,376 to €515,579
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 | €12,927,452 | €12,390,282 | -€537,170 | -4.2% |
| Fixed assets | 21/28 | €12,397,771 | €11,866,360 | -€531,411 | -4.3% |
| Tangible fixed assets | 22/27 | €12,397,771 | €11,866,360 | -€531,411 | -4.3% |
| Land and buildings | 22 | €12,397,771 | €11,866,360 | -€531,411 | -4.3% |
| Current assets | 29/58 | €529,681 | €523,921 | -€5,759 | -1.1% |
| Amounts receivable within one year | 40/41 | €415 | €410,166 | +€409,751 | +98,754% |
| Trade receivables | 40 | €415 | €166 | -€249 | -60.1% |
| Other amounts receivable | 41 | €0 | €410,000 | +€410,000 | |
| Cash at bank and in hand | 54/58 | €526,535 | €97,782 | -€428,753 | -81.4% |
| Deferred charges and accrued income | 490/1 | €2,731 | €15,974 | +€13,243 | +485% |
| Total equity and liabilities | 10/49 | €12,927,452 | €12,390,282 | -€537,170 | -4.2% |
| Equity | 10/15 | €12,848,256 | €12,356,525 | -€491,731 | -3.8% |
| Contributions | 10/11 | €13,930,825 | €13,491,513 | -€439,313 | -3.2% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€1,082,569 | -€1,134,988 | -€52,419 | -4.8% |
| Amounts payable | 17/49 | €79,196 | €33,757 | -€45,439 | -57.4% |
| Amounts payable within one year | 42/48 | €21,861 | €1,613 | -€20,248 | -92.6% |
| Trade debts | 44 | €21,861 | €1,613 | -€20,248 | -92.6% |
| Suppliers | 440/4 | €21,861 | €1,613 | -€20,248 | -92.6% |
| Accrued charges and deferred income | 492/3 | €57,335 | €32,144 | -€25,191 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €531,411 | €531,411 | = | 0.0% |
| Other operating charges | 640/8 | €39,807 | €41,236 | +€1,429 | +3.6% |
| Non-recurring operating charges | 66A | €880 | €10 | -€870 | -98.9% |
| Gross operating margin | 9900 | €485,376 | €515,579 | +€30,203 | +6.2% |
| Operating profit (loss) | 9901 | -€86,722 | -€57,079 | +€29,644 | +34.2% |
| Financial income | 75/76B | €7,949 | €5,762 | -€2,187 | -27.5% |
| Recurring financial income | 75 | €7,949 | €5,762 | -€2,187 | -27.5% |
| Financial charges | 65/66B | €1,048 | €1,102 | +€54 | +5.2% |
| Recurring financial charges | 65 | €1,048 | €1,102 | +€54 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€79,822 | -€52,419 | +€27,403 | +34.3% |
| Profit (loss) for the period | 9904 | -€79,822 | -€52,419 | +€27,403 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,822 | -€52,419 | +€27,403 | +34.3% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.