GOCARDIO: 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.
GOCARDIO
Largest movements
- Cash +€116,966
up €116,966 (+19.8%), from €589,505 to €706,470
mainly Net result for the year (+€141,418) and Depreciation (+€39,572)
- Tangible fixed assets -€39,572
down €39,572 (-10.2%), from €389,561 to €349,989
of which Furniture and vehicles: -€22,432
- Reserves +€80,000
up €80,000 (+23.4%), from €341,860 to €421,860
of which Distributable reserves: +€80,000
- Debts after one year -€25,116
down €25,116 (-9.4%), from €266,039 to €240,924
- Profit (loss) carried forward +€21,418
up €21,418 (+5.6%), from €382,477 to €403,895
- Other debts +€12,539
up €12,539 (+28.6%), from €43,852 to €56,390
- Gross operating margin +€75,425
up €75,425 (+32.8%), from €229,795 to €305,221
- Taxes +€27,628
up €27,628 (+72.6%), from €38,059 to €65,687
- Staff costs -€4,250
down €4,250 (-8.4%), from €50,614 to €46,364
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 | €1,118,590 | €1,207,579 | +€88,989 | +8.0% |
| Fixed assets | 21/28 | €389,561 | €349,989 | -€39,572 | -10.2% |
| Tangible fixed assets | 22/27 | €389,561 | €349,989 | -€39,572 | -10.2% |
| Land and buildings | 22 | €327,115 | €315,368 | -€11,748 | -3.6% |
| Plant, machinery and equipment | 23 | €26,496 | €21,104 | -€5,392 | -20.4% |
| Furniture and vehicles | 24 | €35,949 | €13,517 | -€22,432 | -62.4% |
| Current assets | 29/58 | €729,030 | €857,591 | +€128,561 | +17.6% |
| Amounts receivable within one year | 40/41 | €2,500 | €2,500 | = | 0.0% |
| Other amounts receivable | 41 | €2,500 | €2,500 | = | 0.0% |
| Current investments | 50/53 | €130,170 | €136,267 | +€6,097 | +4.7% |
| Cash at bank and in hand | 54/58 | €589,505 | €706,470 | +€116,966 | +19.8% |
| Deferred charges and accrued income | 490/1 | €6,855 | €12,354 | +€5,499 | +80.2% |
| Total equity and liabilities | 10/49 | €1,118,590 | €1,207,579 | +€88,989 | +8.0% |
| Equity | 10/15 | €736,737 | €838,155 | +€101,418 | +13.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €341,860 | €421,860 | +€80,000 | +23.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €340,000 | €420,000 | +€80,000 | +23.5% |
| Profit (loss) carried forward | 14 | €382,477 | €403,895 | +€21,418 | +5.6% |
| Amounts payable | 17/49 | €381,853 | €369,424 | -€12,429 | -3.3% |
| Amounts payable after more than one year | 17 | €266,039 | €240,924 | -€25,116 | -9.4% |
| Financial debts | 170/4 | €266,039 | €240,924 | -€25,116 | -9.4% |
| Amounts payable within one year | 42/48 | €115,814 | €128,500 | +€12,686 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €30,528 | €29,818 | -€710 | -2.3% |
| Trade debts | 44 | €17,622 | €6,976 | -€10,646 | -60.4% |
| Suppliers | 440/4 | €17,622 | €6,976 | -€10,646 | -60.4% |
| Advances received on contracts in progress | 46 | €4,500 | €4,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €19,313 | €30,816 | +€11,504 | +59.6% |
| Taxes | 450/3 | €7,750 | €19,750 | +€12,000 | +154.8% |
| Remuneration and social security | 454/9 | €11,563 | €11,066 | -€496 | -4.3% |
| Other amounts payable | 47/48 | €43,852 | €56,390 | +€12,539 | +28.6% |
| Remuneration, social security and pensions | 62 | €50,614 | €46,364 | -€4,250 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,558 | €39,572 | +€1,014 | +2.6% |
| Other operating charges | 640/8 | €3,650 | €4,202 | +€552 | +15.1% |
| Gross operating margin | 9900 | €229,795 | €305,221 | +€75,425 | +32.8% |
| Operating profit (loss) | 9901 | €136,973 | €215,083 | +€78,110 | +57.0% |
| Financial income | 75/76B | €303 | €3,320 | +€3,017 | +996.4% |
| Recurring financial income | 75 | €303 | €3,320 | +€3,017 | +996.4% |
| Financial charges | 65/66B | €12,337 | €11,298 | -€1,039 | -8.4% |
| Recurring financial charges | 65 | €12,337 | €11,298 | -€1,039 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €124,939 | €207,105 | +€82,166 | +65.8% |
| Income taxes | 67/77 | €38,059 | €65,687 | +€27,628 | +72.6% |
| Profit (loss) for the period | 9904 | €86,880 | €141,418 | +€54,538 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €86,880 | €141,418 | +€54,538 | +62.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.