gnosis: 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.
gnosis
Largest movements
- Current investments +€37,926
up €37,926 (+13.6%), from €279,780 to €317,707
- Receivables within one year -€18,066
down €18,066 (-89.5%), from €20,180 to €2,114
of which Trade receivables: -€20,056
- Tangible fixed assets -€6,306
down €6,306 (-3.4%), from €187,195 to €180,889
of which Land and buildings: -€5,288
- Reserves +€48,610
up €48,610 (+11.2%), from €435,161 to €483,772
- Debts after one year -€35,000
down €35,000 (-57.1%), from €61,250 to €26,250
- Gross operating margin +€26,335
up €26,335 (+46.8%), from €56,247 to €82,582
- Taxes +€8,650
up €8,650 (+56.9%), from €15,198 to €23,849
- Financial income +€1,679
up €1,679 (+156.3%), from €1,074 to €2,753
- Financial charges -€1,540
down €1,540 (-29.6%), from €5,211 to €3,671
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 | €565,707 | €576,407 | +€10,699 | +1.9% |
| Fixed assets | 21/28 | €187,195 | €180,889 | -€6,306 | -3.4% |
| Tangible fixed assets | 22/27 | €187,195 | €180,889 | -€6,306 | -3.4% |
| Land and buildings | 22 | €182,087 | €176,798 | -€5,288 | -2.9% |
| Plant, machinery and equipment | 23 | €2,249 | €1,899 | -€350 | -15.6% |
| Furniture and vehicles | 24 | €2,442 | €2,192 | -€250 | -10.2% |
| Other tangible fixed assets | 26 | €417 | €0 | -€417 | -100.0% |
| Current assets | 29/58 | €378,513 | €395,518 | +€17,005 | +4.5% |
| Amounts receivable within one year | 40/41 | €20,180 | €2,114 | -€18,066 | -89.5% |
| Trade receivables | 40 | €20,056 | - | -€20,056 | |
| Other amounts receivable | 41 | €124 | €2,114 | +€1,990 | +1607.9% |
| Current investments | 50/53 | €279,780 | €317,707 | +€37,926 | +13.6% |
| Cash at bank and in hand | 54/58 | €74,774 | €71,926 | -€2,847 | -3.8% |
| Deferred charges and accrued income | 490/1 | €3,779 | €3,771 | -€8 | -0.2% |
| Total equity and liabilities | 10/49 | €565,707 | €576,407 | +€10,699 | +1.9% |
| Equity | 10/15 | €450,143 | €498,753 | +€48,610 | +10.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €2,582 | €2,582 | = | 0.0% |
| Reserves | 13 | €435,161 | €483,772 | +€48,610 | +11.2% |
| Distributable reserves | 133 | €435,161 | €483,772 | +€48,610 | +11.2% |
| Amounts payable | 17/49 | €115,565 | €77,653 | -€37,911 | -32.8% |
| Amounts payable after more than one year | 17 | €61,250 | €26,250 | -€35,000 | -57.1% |
| Financial debts | 170/4 | €61,250 | €26,250 | -€35,000 | -57.1% |
| Amounts payable within one year | 42/48 | €54,314 | €50,929 | -€3,385 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €35,000 | €35,000 | = | 0.0% |
| Trade debts | 44 | €3,502 | €2,855 | -€646 | -18.5% |
| Suppliers | 440/4 | €3,502 | €2,855 | -€646 | -18.5% |
| Taxes, remuneration and social security | 45 | €8,175 | €5,475 | -€2,700 | -33.0% |
| Taxes | 450/3 | €8,175 | €5,475 | -€2,700 | -33.0% |
| Other amounts payable | 47/48 | €7,637 | €7,598 | -€39 | -0.5% |
| Accrued charges and deferred income | 492/3 | - | €474 | +€474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,587 | €6,901 | +€314 | +4.8% |
| Other operating charges | 640/8 | €3,003 | €2,304 | -€699 | -23.3% |
| Gross operating margin | 9900 | €56,247 | €82,582 | +€26,335 | +46.8% |
| Operating profit (loss) | 9901 | €46,657 | €73,377 | +€26,720 | +57.3% |
| Financial income | 75/76B | €1,074 | €2,753 | +€1,679 | +156.3% |
| Recurring financial income | 75 | €1,074 | €2,753 | +€1,679 | +156.3% |
| Financial charges | 65/66B | €5,211 | €3,671 | -€1,540 | -29.6% |
| Recurring financial charges | 65 | €5,211 | €3,671 | -€1,540 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €42,520 | €72,459 | +€29,939 | +70.4% |
| Income taxes | 67/77 | €15,198 | €23,849 | +€8,650 | +56.9% |
| Profit (loss) for the period | 9904 | €27,322 | €48,610 | +€21,289 | +77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,322 | €48,610 | +€21,289 | +77.9% |
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 9 October 2026 via checked.be.