GONDO: 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.
GONDO
Largest movements
- Receivables within one year +€7,694
up €7,694 (+7.1%), from €109,051 to €116,745
of which Other amounts receivable: +€7,694
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€5,687
no longer reported in 2025 (was €5,687)
- Gross operating margin -€3,199
down €3,199 (-47.0%), from €6,813 to €3,614
- Financial charges -€2,375
down €2,375 (-87.7%), from €2,708 to €333
- Taxes +€906
up €906 (+144.3%), from €628 to €1,534
- Other operating charges +€175
up €175 (+17.7%), from €989 to €1,164
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 | €389,727 | €391,424 | +€1,697 | +0.4% |
| Fixed assets | 21/28 | €6,701 | €6,251 | -€450 | -6.7% |
| Tangible fixed assets | 22/27 | €929 | €479 | -€450 | -48.4% |
| Furniture and vehicles | 24 | €929 | €479 | -€450 | -48.4% |
| Financial fixed assets | 28 | €5,772 | €5,772 | = | 0.0% |
| Current assets | 29/58 | €383,027 | €385,173 | +€2,147 | +0.6% |
| Amounts receivable after more than one year | 29 | €9,705 | €9,705 | = | 0.0% |
| Trade receivables | 290 | €9,705 | €9,705 | = | 0.0% |
| Stocks and contracts in progress | 3 | €256,260 | €252,430 | -€3,830 | -1.5% |
| Stocks | 30/36 | €256,260 | €252,430 | -€3,830 | -1.5% |
| Amounts receivable within one year | 40/41 | €109,051 | €116,745 | +€7,694 | +7.1% |
| Trade receivables | 40 | €2,147 | €2,147 | = | 0.0% |
| Other amounts receivable | 41 | €106,905 | €114,598 | +€7,694 | +7.2% |
| Cash at bank and in hand | 54/58 | €8,010 | €6,293 | -€1,717 | -21.4% |
| Total equity and liabilities | 10/49 | €389,727 | €391,424 | +€1,697 | +0.4% |
| Equity | 10/15 | €160,304 | €160,438 | +€134 | +0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €298,740 | €298,740 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €292,540 | €292,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€200,435 | -€200,302 | +€134 | +0.1% |
| Amounts payable | 17/49 | €229,423 | €230,986 | +€1,563 | +0.7% |
| Amounts payable within one year | 42/48 | €229,423 | €230,986 | +€1,563 | +0.7% |
| Trade debts | 44 | €229,055 | €230,626 | +€1,571 | +0.7% |
| Suppliers | 440/4 | €229,055 | €230,626 | +€1,571 | +0.7% |
| Taxes, remuneration and social security | 45 | €368 | €361 | -€7 | -2.0% |
| Taxes | 450/3 | €368 | €361 | -€7 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €450 | €450 | = | 0.0% |
| Other operating charges | 640/8 | €989 | €1,164 | +€175 | +17.7% |
| Gross operating margin | 9900 | €6,813 | €3,614 | -€3,199 | -47.0% |
| Operating profit (loss) | 9901 | €5,375 | €2,000 | -€3,374 | -62.8% |
| Financial income | 75/76B | €5,687 | - | -€5,687 | |
| Recurring financial income | 75 | €5,687 | - | -€5,687 | |
| Financial charges | 65/66B | €2,708 | €333 | -€2,375 | -87.7% |
| Recurring financial charges | 65 | €2,708 | €333 | -€2,375 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | €8,354 | €1,667 | -€6,687 | -80.0% |
| Income taxes | 67/77 | €628 | €1,534 | +€906 | +144.3% |
| Profit (loss) for the period | 9904 | €7,726 | €134 | -€7,592 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,726 | €134 | -€7,592 | -98.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.