GOGI: 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.
GOGI
Largest movements
- Tangible fixed assets +€1.6m
up €1.6m (+1209.5%), from €136,038 to €1.8m
of which Land and buildings: +€1.6m
- Receivables within one year +€158,777
up €158,777 (+137.2%), from €115,709 to €274,486
of which Trade receivables: +€156,700
- Financial fixed assets +€32,774
up €32,774 (+3451.2%), from €950 to €33,723
- Debts after one year +€1.5m
new in 2024: €1.5m
- Profit (loss) carried forward +€262,591
up €262,591 (+203.3%), from €129,180 to €391,771
- Accrued charges and deferred income +€237,177
up €237,177 (+686.2%), from €34,566 to €271,743
- Trade debts -€61,879
down €61,879 (-100.0%), from €61,879 to €0
- Other debts -€54,232
down €54,232 (-30.1%), from €180,391 to €126,159
- Gross operating margin +€538,208
up €538,208 (+206.3%), from €260,869 to €799,076
- Other operating charges +€209,911
up €209,911 (+4101.9%), from €5,117 to €215,029
- Staff costs +€151,506
up €151,506 (+420.5%), from €36,026 to €187,532
- Taxes +€48,007
up €48,007 (+146.8%), from €32,695 to €80,701
- Depreciation +€20,216
up €20,216 (+144.3%), from €14,013 to €34,229
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €482,157 | €2,341,502 | +€1.9m | +385.6% |
| Formation expenses | 20 | €791 | €607 | -€184 | -23.2% |
| Fixed assets | 21/28 | €136,988 | €1,815,116 | +€1.7m | +1225.0% |
| Tangible fixed assets | 22/27 | €136,038 | €1,781,393 | +€1.6m | +1209.5% |
| Land and buildings | 22 | - | €1,646,984 | +€1.6m | |
| Plant, machinery and equipment | 23 | €57,209 | €43,762 | -€13,447 | -23.5% |
| Furniture and vehicles | 24 | €2,648 | €1,916 | -€733 | -27.7% |
| Other tangible fixed assets | 26 | €76,181 | €88,731 | +€12,551 | +16.5% |
| Financial fixed assets | 28 | €950 | €33,723 | +€32,774 | +3451.2% |
| Current assets | 29/58 | €344,379 | €525,780 | +€181,401 | +52.7% |
| Amounts receivable within one year | 40/41 | €115,709 | €274,486 | +€158,777 | +137.2% |
| Trade receivables | 40 | €114,622 | €271,321 | +€156,700 | +136.7% |
| Other amounts receivable | 41 | €1,087 | €3,165 | +€2,077 | +191.0% |
| Cash at bank and in hand | 54/58 | €228,670 | €250,916 | +€22,246 | +9.7% |
| Deferred charges and accrued income | 490/1 | - | €379 | +€379 | |
| Total equity and liabilities | 10/49 | €482,157 | €2,341,502 | +€1.9m | +385.6% |
| Equity | 10/15 | €139,180 | €401,771 | +€262,591 | +188.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,180 | €391,771 | +€262,591 | +203.3% |
| Amounts payable | 17/49 | €342,978 | €1,939,732 | +€1.6m | +465.6% |
| Amounts payable after more than one year | 17 | - | €1,465,330 | +€1.5m | |
| Financial debts | 170/4 | - | €1,465,330 | +€1.5m | |
| Amounts payable within one year | 42/48 | €308,412 | €202,658 | -€105,754 | -34.3% |
| Trade debts | 44 | €61,879 | €0 | -€61,879 | -100.0% |
| Suppliers | 440/4 | €61,879 | €0 | -€61,879 | -100.0% |
| Taxes, remuneration and social security | 45 | €66,142 | €76,500 | +€10,358 | +15.7% |
| Taxes | 450/3 | €55,917 | €50,585 | -€5,332 | -9.5% |
| Remuneration and social security | 454/9 | €10,224 | €25,915 | +€15,690 | +153.5% |
| Other amounts payable | 47/48 | €180,391 | €126,159 | -€54,232 | -30.1% |
| Accrued charges and deferred income | 492/3 | €34,566 | €271,743 | +€237,177 | +686.2% |
| Remuneration, social security and pensions | 62 | €36,026 | €187,532 | +€151,506 | +420.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,013 | €34,229 | +€20,216 | +144.3% |
| Other operating charges | 640/8 | €5,117 | €215,029 | +€209,911 | +4101.9% |
| Non-recurring operating charges | 66A | - | €311 | +€311 | |
| Gross operating margin | 9900 | €260,869 | €799,076 | +€538,208 | +206.3% |
| Operating profit (loss) | 9901 | €205,712 | €361,975 | +€156,263 | +76.0% |
| Financial income | 75/76B | €1,046 | €2,182 | +€1,136 | +108.6% |
| Recurring financial income | 75 | €1,046 | €2,182 | +€1,136 | +108.6% |
| Financial charges | 65/66B | €4,884 | €21,107 | +€16,223 | +332.2% |
| Recurring financial charges | 65 | €4,884 | €21,107 | +€16,223 | +332.2% |
| Profit (loss) for the period before taxes | 9903 | €201,874 | €343,050 | +€141,176 | +69.9% |
| Income taxes | 67/77 | €32,695 | €80,701 | +€48,007 | +146.8% |
| Profit (loss) for the period | 9904 | €169,180 | €262,349 | +€93,170 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €169,180 | €262,349 | +€93,170 | +55.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.