GÔK'S 2: 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.
GÔK'S 2
Largest movements
- Cash -€44,504
down €44,504 (-52.0%), from €85,551 to €41,047
mainly Trade debts (-€54,909) and Contributions, distributions and other (-€51,030)
- Tangible fixed assets -€25,292
down €25,292 (-9.9%), from €255,720 to €230,427
- Trade debts -€54,909
down €54,909 (-43.5%), from €126,238 to €71,329
- Reserves -€51,030
down €51,030 (-23.0%), from €221,612 to €170,582
of which Distributable reserves: -€51,030
- Other debts +€51,030
new in 2025: €51,030
- Tax, wage and social debts -€18,225
down €18,225 (-37.8%), from €48,265 to €30,041
of which Taxes: -€18,159
- Gross operating margin +€28,578
up €28,578 (+14.7%), from €193,789 to €222,367
- Staff costs +€22,778
up €22,778 (+18.0%), from €126,712 to €149,490
- Other operating charges +€21,098
up €21,098 (+698%), from €3,023 to €24,121
- Financial charges +€11,796
up €11,796 (+1,863%), from €633 to €12,430
- Depreciation +€10,740
up €10,740 (+47.4%), from €22,650 to €33,389
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 | €503,282 | €433,859 | -€69,423 | -13.8% |
| Fixed assets | 21/28 | €255,720 | €230,427 | -€25,292 | -9.9% |
| Tangible fixed assets | 22/27 | €255,720 | €230,427 | -€25,292 | -9.9% |
| Land and buildings | 22 | €166,438 | €157,063 | -€9,375 | -5.6% |
| Plant, machinery and equipment | 23 | €45,788 | €37,822 | -€7,966 | -17.4% |
| Furniture and vehicles | 24 | €12,935 | €10,110 | -€2,825 | -21.8% |
| Other tangible fixed assets | 26 | €30,558 | €25,432 | -€5,126 | -16.8% |
| Current assets | 29/58 | €247,562 | €203,432 | -€44,130 | -17.8% |
| Stocks and contracts in progress | 3 | €11,376 | €12,260 | +€884 | +7.8% |
| Stocks | 30/36 | €11,376 | €12,260 | +€884 | +7.8% |
| Amounts receivable within one year | 40/41 | €145,011 | €143,847 | -€1,164 | -0.8% |
| Trade receivables | 40 | €68,644 | €44,596 | -€24,048 | -35.0% |
| Other amounts receivable | 41 | €76,367 | €99,251 | +€22,884 | +30.0% |
| Cash at bank and in hand | 54/58 | €85,551 | €41,047 | -€44,504 | -52.0% |
| Deferred charges and accrued income | 490/1 | €5,623 | €6,277 | +€654 | +11.6% |
| Total equity and liabilities | 10/49 | €503,282 | €433,859 | -€69,423 | -13.8% |
| Equity | 10/15 | €328,779 | €279,197 | -€49,582 | -15.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €221,612 | €170,582 | -€51,030 | -23.0% |
| Tax-exempt reserves | 132 | €80,722 | €80,722 | = | 0.0% |
| Distributable reserves | 133 | €140,890 | €89,860 | -€51,030 | -36.2% |
| Profit (loss) carried forward | 14 | €100,967 | €102,415 | +€1,448 | +1.4% |
| Amounts payable | 17/49 | €174,503 | €154,662 | -€19,841 | -11.4% |
| Amounts payable within one year | 42/48 | €174,503 | €152,400 | -€22,103 | -12.7% |
| Trade debts | 44 | €126,238 | €71,329 | -€54,909 | -43.5% |
| Suppliers | 440/4 | €126,238 | €71,329 | -€54,909 | -43.5% |
| Taxes, remuneration and social security | 45 | €48,265 | €30,041 | -€18,225 | -37.8% |
| Taxes | 450/3 | €38,212 | €20,054 | -€18,159 | -47.5% |
| Remuneration and social security | 454/9 | €10,053 | €9,987 | -€66 | -0.7% |
| Other amounts payable | 47/48 | - | €51,030 | +€51,030 | |
| Accrued charges and deferred income | 492/3 | - | €2,263 | +€2,263 | |
| Remuneration, social security and pensions | 62 | €126,712 | €149,490 | +€22,778 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,650 | €33,389 | +€10,740 | +47.4% |
| Other operating charges | 640/8 | €3,023 | €24,121 | +€21,098 | +698% |
| Gross operating margin | 9900 | €193,789 | €222,367 | +€28,578 | +14.7% |
| Operating profit (loss) | 9901 | €41,403 | €15,367 | -€26,037 | -62.9% |
| Financial income | 75/76B | €3,948 | €4,259 | +€311 | +7.9% |
| Recurring financial income | 75 | €3,948 | €4,259 | +€311 | +7.9% |
| Financial charges | 65/66B | €633 | €12,430 | +€11,796 | +1,863% |
| Recurring financial charges | 65 | €633 | €12,430 | +€11,796 | +1,863% |
| Profit (loss) for the period before taxes | 9903 | €44,718 | €7,196 | -€37,522 | -83.9% |
| Income taxes | 67/77 | €14,195 | €5,748 | -€8,447 | -59.5% |
| Profit (loss) for the period | 9904 | €30,524 | €1,448 | -€29,075 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,524 | €1,448 | -€29,075 | -95.3% |
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.