GOCYP: 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.
GOCYP
Largest movements
- Intangible fixed assets -€25,000
down €25,000 (-11.1%), from €225,000 to €200,000
- Cash -€24,444
down €24,444 (-46.1%), from €53,060 to €28,616
mainly Other debts (-€138,372) and Deferred charges and accrued income (-€12,214)
- Deferred charges and accrued income +€12,214
up €12,214 (+1243.0%), from €983 to €13,197
- Tangible fixed assets -€9,244
down €9,244 (-44.2%), from €20,922 to €11,677
- Other debts -€138,372
down €138,372 (-58.6%), from €236,044 to €97,673
- Profit (loss) carried forward +€46,115
up €46,115 (+120.5%), from €38,261 to €84,376
- Current portion of long-term debt +€30,093
new in 2025: €30,093
- Debts after one year +€12,892
new in 2025: €12,892
- Tax, wage and social debts +€12,563
up €12,563 (+97.2%), from €12,929 to €25,492
- Gross operating margin +€11,731
up €11,731 (+13.9%), from €84,680 to €96,411
- Taxes +€2,333
up €2,333 (+22.8%), from €10,229 to €12,563
- Financial charges +€1,461
up €1,461 (+1154.8%), from €127 to €1,588
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 | €299,964 | €253,490 | -€46,474 | -15.5% |
| Fixed assets | 21/28 | €245,922 | €211,677 | -€34,244 | -13.9% |
| Intangible fixed assets | 21 | €225,000 | €200,000 | -€25,000 | -11.1% |
| Tangible fixed assets | 22/27 | €20,922 | €11,677 | -€9,244 | -44.2% |
| Furniture and vehicles | 24 | €20,922 | €11,677 | -€9,244 | -44.2% |
| Current assets | 29/58 | €54,042 | €41,812 | -€12,230 | -22.6% |
| Cash at bank and in hand | 54/58 | €53,060 | €28,616 | -€24,444 | -46.1% |
| Deferred charges and accrued income | 490/1 | €983 | €13,197 | +€12,214 | +1243.0% |
| Total equity and liabilities | 10/49 | €299,964 | €253,490 | -€46,474 | -15.5% |
| Equity | 10/15 | €40,261 | €86,376 | +€46,115 | +114.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,261 | €84,376 | +€46,115 | +120.5% |
| Amounts payable | 17/49 | €259,703 | €167,114 | -€92,589 | -35.7% |
| Amounts payable after more than one year | 17 | - | €12,892 | +€12,892 | |
| Financial debts | 170/4 | - | €12,892 | +€12,892 | |
| Amounts payable within one year | 42/48 | €259,703 | €153,722 | -€105,982 | -40.8% |
| Current portion of amounts payable after more than one year | 42 | - | €30,093 | +€30,093 | |
| Trade debts | 44 | €10,729 | €464 | -€10,265 | -95.7% |
| Suppliers | 440/4 | €10,729 | €464 | -€10,265 | -95.7% |
| Taxes, remuneration and social security | 45 | €12,929 | €25,492 | +€12,563 | +97.2% |
| Taxes | 450/3 | €12,929 | €25,492 | +€12,563 | +97.2% |
| Other amounts payable | 47/48 | €236,044 | €97,673 | -€138,372 | -58.6% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,078 | €35,514 | +€436 | +1.2% |
| Other operating charges | 640/8 | €1,009 | €634 | -€375 | -37.2% |
| Gross operating margin | 9900 | €84,680 | €96,411 | +€11,731 | +13.9% |
| Operating profit (loss) | 9901 | €48,592 | €60,262 | +€11,670 | +24.0% |
| Financial income | 75/76B | €25 | €3 | -€22 | -87.8% |
| Recurring financial income | 75 | €25 | €3 | -€22 | -87.8% |
| Financial charges | 65/66B | €127 | €1,588 | +€1,461 | +1154.8% |
| Recurring financial charges | 65 | €127 | €1,588 | +€1,461 | +1154.8% |
| Profit (loss) for the period before taxes | 9903 | €48,490 | €58,678 | +€10,187 | +21.0% |
| Income taxes | 67/77 | €10,229 | €12,563 | +€2,333 | +22.8% |
| Profit (loss) for the period | 9904 | €38,261 | €46,115 | +€7,854 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,261 | €46,115 | +€7,854 | +20.5% |
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 4 October 2026 via checked.be.