GOKCE: 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.
GOKCE
Largest movements
- Stocks and contracts +€20,111
up €20,111 (+213.8%), from €9,408 to €29,519
- Receivables within one year +€7,367
up €7,367 (+40.3%), from €18,286 to €25,653
of which Trade receivables: +€5,011
- Tangible fixed assets -€4,382
down €4,382 (-24.8%), from €17,637 to €13,255
of which Furniture and vehicles: -€6,857
- Cash -€2,501
down €2,501 (-17.5%), from €14,251 to €11,750
mainly Stocks and contracts (-€20,111) and Trade debts (-€19,499)
- Deferred charges and accrued income -€1,768
no longer reported in 2025 (was €1,768)
- Other debts +€41,597
up €41,597 (+62.4%), from €66,667 to €108,263
- Trade debts -€19,499
down €19,499 (-22.0%), from €88,494 to €68,995
- Profit (loss) carried forward -€18,312
down €18,312 (-15.6%), from -€117,703 to -€136,015
- Tax, wage and social debts +€15,042
up €15,042 (+227.2%), from €6,620 to €21,662
- Gross operating margin +€42,753
up €42,753 (+356.3%), from €11,998 to €54,752
- Staff costs +€25,747
up €25,747 (+71.5%), from €36,009 to €61,756
- Other operating charges +€2,744
up €2,744 (+180.6%), from €1,519 to €4,263
- Financial income +€1,917
up €1,917 (+115.1%), from €1,665 to €3,582
- Financial charges +€1,183
up €1,183 (+81.1%), from €1,458 to €2,641
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 | €64,530 | €83,357 | +€18,827 | +29.2% |
| Fixed assets | 21/28 | €20,817 | €16,435 | -€4,382 | -21.0% |
| Tangible fixed assets | 22/27 | €17,637 | €13,255 | -€4,382 | -24.8% |
| Plant, machinery and equipment | 23 | €1,876 | €4,351 | +€2,475 | +131.9% |
| Furniture and vehicles | 24 | €15,761 | €8,904 | -€6,857 | -43.5% |
| Financial fixed assets | 28 | €3,180 | €3,180 | = | 0.0% |
| Current assets | 29/58 | €43,713 | €66,922 | +€23,209 | +53.1% |
| Stocks and contracts in progress | 3 | €9,408 | €29,519 | +€20,111 | +213.8% |
| Stocks | 30/36 | €9,408 | €29,519 | +€20,111 | +213.8% |
| Amounts receivable within one year | 40/41 | €18,286 | €25,653 | +€7,367 | +40.3% |
| Trade receivables | 40 | €2,020 | €7,031 | +€5,011 | +248.0% |
| Other amounts receivable | 41 | €16,266 | €18,622 | +€2,356 | +14.5% |
| Cash at bank and in hand | 54/58 | €14,251 | €11,750 | -€2,501 | -17.5% |
| Deferred charges and accrued income | 490/1 | €1,768 | - | -€1,768 | |
| Total equity and liabilities | 10/49 | €64,530 | €83,357 | +€18,827 | +29.2% |
| Equity | 10/15 | -€97,251 | -€115,564 | -€18,312 | -18.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,703 | -€136,015 | -€18,312 | -15.6% |
| Amounts payable | 17/49 | €161,781 | €198,921 | +€37,139 | +23.0% |
| Amounts payable within one year | 42/48 | €161,781 | €198,921 | +€37,139 | +23.0% |
| Trade debts | 44 | €88,494 | €68,995 | -€19,499 | -22.0% |
| Suppliers | 440/4 | €88,494 | €68,995 | -€19,499 | -22.0% |
| Taxes, remuneration and social security | 45 | €6,620 | €21,662 | +€15,042 | +227.2% |
| Remuneration and social security | 454/9 | €6,620 | €21,662 | +€15,042 | +227.2% |
| Other amounts payable | 47/48 | €66,667 | €108,263 | +€41,597 | +62.4% |
| Remuneration, social security and pensions | 62 | €36,009 | €61,756 | +€25,747 | +71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,592 | €7,853 | +€262 | +3.4% |
| Other operating charges | 640/8 | €1,519 | €4,263 | +€2,744 | +180.6% |
| Gross operating margin | 9900 | €11,998 | €54,752 | +€42,753 | +356.3% |
| Operating profit (loss) | 9901 | -€33,122 | -€19,121 | +€14,000 | +42.3% |
| Financial income | 75/76B | €1,665 | €3,582 | +€1,917 | +115.1% |
| Recurring financial income | 75 | €1,665 | €3,582 | +€1,917 | +115.1% |
| Financial charges | 65/66B | €1,458 | €2,641 | +€1,183 | +81.1% |
| Recurring financial charges | 65 | €1,458 | €2,641 | +€1,183 | +81.1% |
| Profit (loss) for the period before taxes | 9903 | -€32,914 | -€18,180 | +€14,734 | +44.8% |
| Income taxes | 67/77 | - | €132 | +€132 | |
| Profit (loss) for the period | 9904 | -€32,914 | -€18,312 | +€14,602 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,914 | -€18,312 | +€14,602 | +44.4% |
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 9 October 2026 via checked.be.