GOKA: 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.
GOKA
Largest movements
- Cash +€45,365
up €45,365 (+207%), from €21,925 to €67,290
mainly Net result for the year (+€66,490) and Other debts (+€9,293)
- Receivables within one year +€12,715
up €12,715 (+105%), from €12,129 to €24,844
of which Trade receivables: +€9,075
- Tangible fixed assets -€8,370
down €8,370 (-5.5%), from €152,656 to €144,286
of which Land and buildings: -€7,778
- Profit (loss) carried forward +€43,059
up €43,059 (+365%), from €11,808 to €54,867
- Debts after one year -€11,505
down €11,505 (-8.6%), from €133,674 to €122,169
- Other debts +€9,293
up €9,293 (+1,315%), from €707 to €10,000
- Tax, wage and social debts +€7,671
up €7,671 (+96.2%), from €7,971 to €15,642
- Gross operating margin +€81,314
up €81,314 (+311%), from €26,119 to €107,433
- Taxes +€21,225
up €21,225 (+676%), from €3,141 to €24,365
- Depreciation +€3,654
up €3,654 (+68.2%), from €5,356 to €9,010
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 | €187,492 | €236,768 | +€49,276 | +26.3% |
| Fixed assets | 21/28 | €152,656 | €144,286 | -€8,370 | -5.5% |
| Tangible fixed assets | 22/27 | €152,656 | €144,286 | -€8,370 | -5.5% |
| Land and buildings | 22 | €147,581 | €139,803 | -€7,778 | -5.3% |
| Plant, machinery and equipment | 23 | €2,313 | €1,872 | -€441 | -19.1% |
| Furniture and vehicles | 24 | €2,762 | €2,611 | -€151 | -5.5% |
| Current assets | 29/58 | €34,836 | €92,482 | +€57,646 | +165% |
| Amounts receivable within one year | 40/41 | €12,129 | €24,844 | +€12,715 | +105% |
| Trade receivables | 40 | €9,075 | €18,150 | +€9,075 | +100% |
| Other amounts receivable | 41 | €3,054 | €6,694 | +€3,640 | +119% |
| Cash at bank and in hand | 54/58 | €21,925 | €67,290 | +€45,365 | +207% |
| Deferred charges and accrued income | 490/1 | €781 | €348 | -€433 | -55.4% |
| Total equity and liabilities | 10/49 | €187,492 | €236,768 | +€49,276 | +26.3% |
| Equity | 10/15 | €32,596 | €75,654 | +€43,059 | +132% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,187 | €2,187 | = | 0.0% |
| Tax-exempt reserves | 132 | €327 | €327 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,808 | €54,867 | +€43,059 | +365% |
| Amounts payable | 17/49 | €154,897 | €161,114 | +€6,217 | +4.0% |
| Amounts payable after more than one year | 17 | €133,674 | €122,169 | -€11,505 | -8.6% |
| Financial debts | 170/4 | €133,674 | €122,169 | -€11,505 | -8.6% |
| Amounts payable within one year | 42/48 | €21,223 | €38,945 | +€17,722 | +83.5% |
| Current portion of amounts payable after more than one year | 42 | €11,116 | €11,505 | +€390 | +3.5% |
| Financial debts | 43 | €319 | €203 | -€117 | -36.5% |
| Other loans | 439 | €319 | €203 | -€117 | -36.5% |
| Trade debts | 44 | €1,110 | €1,595 | +€485 | +43.7% |
| Suppliers | 440/4 | €1,110 | €1,595 | +€485 | +43.7% |
| Taxes, remuneration and social security | 45 | €7,971 | €15,642 | +€7,671 | +96.2% |
| Taxes | 450/3 | €7,971 | €15,642 | +€7,671 | +96.2% |
| Other amounts payable | 47/48 | €707 | €10,000 | +€9,293 | +1,315% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,356 | €9,010 | +€3,654 | +68.2% |
| Other operating charges | 640/8 | €1,973 | €1,461 | -€512 | -25.9% |
| Non-recurring operating charges | 66A | €0 | €835 | +€835 | |
| Gross operating margin | 9900 | €26,119 | €107,433 | +€81,314 | +311% |
| Operating profit (loss) | 9901 | €18,790 | €96,127 | +€77,337 | +412% |
| Financial income | 75/76B | €176 | €339 | +€163 | +92.8% |
| Recurring financial income | 75 | €176 | €339 | +€163 | +92.8% |
| Financial charges | 65/66B | €6,648 | €5,611 | -€1,038 | -15.6% |
| Recurring financial charges | 65 | €6,648 | €5,611 | -€1,038 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €12,318 | €90,855 | +€78,538 | +638% |
| Income taxes | 67/77 | €3,141 | €24,365 | +€21,225 | +676% |
| Profit (loss) for the period | 9904 | €9,177 | €66,490 | +€57,313 | +625% |
| Profit (loss) for the period to be appropriated | 9905 | €9,177 | €66,490 | +€57,313 | +625% |
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.