GAUCHAN: what changed
Two fiscal 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.
GAUCHAN
Largest movements
- Receivables within one year +€20,907
up €20,907 (+278.8%), from €7,500 to €28,407
of which Trade receivables: +€20,607
- Cash -€12,156
down €12,156 (-58.5%), from €20,769 to €8,613
mainly Net result for the year (-€30,012) and Receivables within one year (-€20,907)
- Stocks and contracts +€9,344
new in 2025: €9,344
- Intangible fixed assets -€3,000
down €3,000 (-12.0%), from €25,027 to €22,027
- Tangible fixed assets +€1,477
up €1,477 (+196.1%), from €753 to €2,230
of which Furniture and vehicles: +€1,838
- Debts after one year +€33,636
new in 2025: €33,636
- Profit (loss) carried forward -€30,012
down €30,012, from €12,755 to -€17,257
- Other debts -€20,326
down €20,326 (-81.5%), from €24,938 to €4,612
- Trade debts +€18,952
up €18,952 (+4206.6%), from €451 to €19,402
- Tax, wage and social debts +€14,322
up €14,322 (+242.5%), from €5,906 to €20,228
of which Remuneration and social security: +€18,925
- Staff costs +€42,744
up €42,744 (+174.7%), from €24,474 to €67,218
- Other operating charges +€4,452
up €4,452 (+208.1%), from €2,139 to €6,591
- Taxes -€3,272
down €3,272 (-100.0%), from €3,272 to €0
- Gross operating margin +€2,943
up €2,943 (+6.5%), from €45,522 to €48,466
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.
Cash bridge derived
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 | €54,050 | €70,622 | +€16,572 | +30.7% |
| Fixed assets | 21/28 | €25,781 | €24,258 | -€1,523 | -5.9% |
| Intangible fixed assets | 21 | €25,027 | €22,027 | -€3,000 | -12.0% |
| Tangible fixed assets | 22/27 | €753 | €2,230 | +€1,477 | +196.1% |
| Plant, machinery and equipment | 23 | €753 | €392 | -€361 | -47.9% |
| Furniture and vehicles | 24 | - | €1,838 | +€1,838 | |
| Current assets | 29/58 | €28,269 | €46,364 | +€18,095 | +64.0% |
| Stocks and contracts in progress | 3 | - | €9,344 | +€9,344 | |
| Stocks | 30/36 | - | €9,344 | +€9,344 | |
| Amounts receivable within one year | 40/41 | €7,500 | €28,407 | +€20,907 | +278.8% |
| Trade receivables | 40 | - | €20,607 | +€20,607 | |
| Other amounts receivable | 41 | €7,500 | €7,800 | +€300 | +4.0% |
| Cash at bank and in hand | 54/58 | €20,769 | €8,613 | -€12,156 | -58.5% |
| Total equity and liabilities | 10/49 | €54,050 | €70,622 | +€16,572 | +30.7% |
| Equity | 10/15 | €22,755 | -€7,257 | -€30,012 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,755 | -€17,257 | -€30,012 | |
| Amounts payable | 17/49 | €31,295 | €77,879 | +€46,584 | +148.9% |
| Amounts payable after more than one year | 17 | - | €33,636 | +€33,636 | |
| Financial debts | 170/4 | - | €33,636 | +€33,636 | |
| Amounts payable within one year | 42/48 | €31,295 | €44,243 | +€12,948 | +41.4% |
| Trade debts | 44 | €451 | €19,402 | +€18,952 | +4206.6% |
| Suppliers | 440/4 | €451 | €19,402 | +€18,952 | +4206.6% |
| Taxes, remuneration and social security | 45 | €5,906 | €20,228 | +€14,322 | +242.5% |
| Taxes | 450/3 | €4,927 | €324 | -€4,603 | -93.4% |
| Remuneration and social security | 454/9 | €979 | €19,904 | +€18,925 | +1932.8% |
| Other amounts payable | 47/48 | €24,938 | €4,612 | -€20,326 | -81.5% |
| Remuneration, social security and pensions | 62 | €24,474 | €67,218 | +€42,744 | +174.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,329 | €3,588 | +€259 | +7.8% |
| Other operating charges | 640/8 | €2,139 | €6,591 | +€4,452 | +208.1% |
| Gross operating margin | 9900 | €45,522 | €48,466 | +€2,943 | +6.5% |
| Operating profit (loss) | 9901 | €15,580 | -€28,931 | -€44,511 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,367 | €1,085 | -€282 | -20.6% |
| Recurring financial charges | 65 | €1,367 | €1,085 | -€282 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €14,213 | -€30,012 | -€44,225 | |
| Income taxes | 67/77 | €3,272 | €0 | -€3,272 | -100.0% |
| Profit (loss) for the period | 9904 | €10,941 | -€30,012 | -€40,953 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,941 | -€30,012 | -€40,953 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.