GOK DS: 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.
GOK DS
Largest movements
- Receivables after one year +€15,000
new in 2025: €15,000
- Deferred charges and accrued income +€6,820
up €6,820 (+4,248%), from €161 to €6,981
- Receivables within one year -€1,882
down €1,882 (-5.9%), from €31,935 to €30,053
of which Trade receivables: -€1,713
- Cash -€1,236
down €1,236 (-11.5%), from €10,743 to €9,507
mainly Receivables after one year (-€15,000) and Deferred charges and accrued income (-€6,820)
- Tangible fixed assets -€1,161
down €1,161 (-80.0%), from €1,451 to €290
- Profit (loss) carried forward +€10,980
up €10,980 (+144%), from €7,616 to €18,596
- Tax, wage and social debts +€9,081
up €9,081 (+82.4%), from €11,024 to €20,105
of which Remuneration and social security: +€8,204
- Trade debts +€5,051
up €5,051 (+261%), from €1,935 to €6,986
- Debts after one year -€3,559
no longer reported in 2025 (was €3,559)
- Other debts -€2,359
down €2,359 (-80.1%), from €2,944 to €585
- Gross operating margin +€23,930
up €23,930 (+32.2%), from €74,318 to €98,248
- Staff costs +€20,129
up €20,129 (+32.0%), from €62,835 to €82,963
- Taxes -€5,998
down €5,998 (-96.8%), from €6,199 to €201
- Depreciation -€2,124
down €2,124 (-64.7%), from €3,285 to €1,161
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.
Derived cash bridge
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 | €44,290 | €61,831 | +€17,541 | +39.6% |
| Fixed assets | 21/28 | €1,451 | €290 | -€1,161 | -80.0% |
| Tangible fixed assets | 22/27 | €1,451 | €290 | -€1,161 | -80.0% |
| Plant, machinery and equipment | 23 | €1,451 | €290 | -€1,161 | -80.0% |
| Current assets | 29/58 | €42,839 | €61,541 | +€18,702 | +43.7% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €31,935 | €30,053 | -€1,882 | -5.9% |
| Trade receivables | 40 | €30,432 | €28,719 | -€1,713 | -5.6% |
| Other amounts receivable | 41 | €1,503 | €1,334 | -€169 | -11.2% |
| Cash at bank and in hand | 54/58 | €10,743 | €9,507 | -€1,236 | -11.5% |
| Deferred charges and accrued income | 490/1 | €161 | €6,981 | +€6,820 | +4,248% |
| Total equity and liabilities | 10/49 | €44,290 | €61,831 | +€17,541 | +39.6% |
| Equity | 10/15 | €19,616 | €30,596 | +€10,980 | +56.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,616 | €18,596 | +€10,980 | +144% |
| Amounts payable | 17/49 | €24,674 | €31,235 | +€6,561 | +26.6% |
| Amounts payable after more than one year | 17 | €3,559 | - | -€3,559 | |
| Financial debts | 170/4 | €3,559 | - | -€3,559 | |
| Amounts payable within one year | 42/48 | €21,115 | €31,235 | +€10,120 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | €5,212 | €3,559 | -€1,653 | -31.7% |
| Trade debts | 44 | €1,935 | €6,986 | +€5,051 | +261% |
| Suppliers | 440/4 | €1,935 | €6,986 | +€5,051 | +261% |
| Taxes, remuneration and social security | 45 | €11,024 | €20,105 | +€9,081 | +82.4% |
| Taxes | 450/3 | €9,684 | €10,562 | +€877 | +9.1% |
| Remuneration and social security | 454/9 | €1,339 | €9,543 | +€8,204 | +613% |
| Other amounts payable | 47/48 | €2,944 | €585 | -€2,359 | -80.1% |
| Remuneration, social security and pensions | 62 | €62,835 | €82,963 | +€20,129 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,285 | €1,161 | -€2,124 | -64.7% |
| Other operating charges | 640/8 | €449 | €788 | +€339 | +75.4% |
| Gross operating margin | 9900 | €74,318 | €98,248 | +€23,930 | +32.2% |
| Operating profit (loss) | 9901 | €7,749 | €13,335 | +€5,586 | +72.1% |
| Financial charges | 65/66B | €1,236 | €2,154 | +€918 | +74.2% |
| Recurring financial charges | 65 | €1,236 | €2,154 | +€918 | +74.2% |
| Profit (loss) for the period before taxes | 9903 | €6,513 | €11,181 | +€4,668 | +71.7% |
| Income taxes | 67/77 | €6,199 | €201 | -€5,998 | -96.8% |
| Profit (loss) for the period | 9904 | €314 | €10,980 | +€10,666 | +3,395% |
| Profit (loss) for the period to be appropriated | 9905 | €314 | €10,980 | +€10,666 | +3,395% |
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 25 October 2026 via checked.be.