GOKEN: what changed
Two fiscal 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.
GOKEN
Largest movements
- Receivables within one year +€12,395
up €12,395 (+140.2%), from €8,842 to €21,237
of which Trade receivables: +€15,616
- Cash -€8,105
down €8,105 (-21.9%), from €36,974 to €28,868
mainly Receivables within one year (-€12,395) and Tax, wage and social debts (-€6,973)
- Tangible fixed assets +€2,164
up €2,164 (+40.5%), from €5,350 to €7,514
of which Plant, machinery and equipment: +€1,681
- Reserves +€18,465
up €18,465 (+62.4%), from €29,613 to €48,078
- Tax, wage and social debts -€6,973
down €6,973 (-59.0%), from €11,812 to €4,839
- Trade debts -€4,505
down €4,505 (-76.6%), from €5,879 to €1,374
- Gross operating margin -€12,151
down €12,151 (-29.9%), from €40,615 to €28,463
- Taxes -€3,873
down €3,873 (-36.6%), from €10,591 to €6,718
- Financial charges +€2,013
up €2,013 (+6259.7%), from €32 to €2,045
- Depreciation +€576
up €576 (+117.6%), from €490 to €1,066
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 | €51,165 | €57,930 | +€6,765 | +13.2% |
| Fixed assets | 21/28 | €5,350 | €7,514 | +€2,164 | +40.5% |
| Tangible fixed assets | 22/27 | €5,350 | €7,514 | +€2,164 | +40.5% |
| Plant, machinery and equipment | 23 | - | €1,681 | +€1,681 | |
| Other tangible fixed assets | 26 | €5,350 | €5,833 | +€484 | +9.0% |
| Current assets | 29/58 | €45,815 | €50,416 | +€4,601 | +10.0% |
| Amounts receivable within one year | 40/41 | €8,842 | €21,237 | +€12,395 | +140.2% |
| Trade receivables | 40 | €3,947 | €19,563 | +€15,616 | +395.6% |
| Other amounts receivable | 41 | €4,895 | €1,674 | -€3,221 | -65.8% |
| Cash at bank and in hand | 54/58 | €36,974 | €28,868 | -€8,105 | -21.9% |
| Deferred charges and accrued income | 490/1 | - | €312 | +€312 | |
| Total equity and liabilities | 10/49 | €51,165 | €57,930 | +€6,765 | +13.2% |
| Equity | 10/15 | €33,213 | €51,678 | +€18,465 | +55.6% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €29,613 | €48,078 | +€18,465 | +62.4% |
| Distributable reserves | 133 | €29,613 | €48,078 | +€18,465 | +62.4% |
| Amounts payable | 17/49 | €17,952 | €6,252 | -€11,700 | -65.2% |
| Amounts payable within one year | 42/48 | €17,691 | €6,213 | -€11,478 | -64.9% |
| Trade debts | 44 | €5,879 | €1,374 | -€4,505 | -76.6% |
| Suppliers | 440/4 | €5,879 | €1,374 | -€4,505 | -76.6% |
| Taxes, remuneration and social security | 45 | €11,812 | €4,839 | -€6,973 | -59.0% |
| Taxes | 450/3 | €11,812 | €4,839 | -€6,973 | -59.0% |
| Accrued charges and deferred income | 492/3 | €261 | €39 | -€222 | -85.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €1,066 | +€576 | +117.6% |
| Other operating charges | 640/8 | €168 | €414 | +€247 | +147.3% |
| Gross operating margin | 9900 | €40,615 | €28,463 | -€12,151 | -29.9% |
| Operating profit (loss) | 9901 | €39,957 | €26,983 | -€12,974 | -32.5% |
| Financial income | 75/76B | €279 | €245 | -€34 | -12.1% |
| Recurring financial income | 75 | €279 | €245 | -€34 | -12.1% |
| Financial charges | 65/66B | €32 | €2,045 | +€2,013 | +6259.7% |
| Recurring financial charges | 65 | €32 | €2,045 | +€2,013 | +6259.7% |
| Profit (loss) for the period before taxes | 9903 | €40,204 | €25,183 | -€15,021 | -37.4% |
| Income taxes | 67/77 | €10,591 | €6,718 | -€3,873 | -36.6% |
| Profit (loss) for the period | 9904 | €29,613 | €18,465 | -€11,148 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,613 | €18,465 | -€11,148 | -37.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.