GONULDEN: 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.
GONULDEN
Largest movements
- Stocks and contracts +€17,488
up €17,488 (+62.3%), from €28,054 to €45,542
- Receivables within one year -€8,250
down €8,250 (-96.3%), from €8,571 to €321
of which Trade receivables: -€7,845
- Cash +€6,324
up €6,324 (+24.0%), from €26,396 to €32,720
mainly Receivables within one year (+€8,250) and Debts after one year (+€5,623)
- Financial fixed assets -€3,300
down €3,300 (-94.3%), from €3,500 to €200
- Debts after one year +€5,623
new in 2025: €5,623
- Current portion of long-term debt +€4,981
new in 2025: €4,981
- Profit (loss) carried forward +€4,852
up €4,852 (+86.7%), from -€5,594 to -€742
- Tax, wage and social debts -€4,618
down €4,618 (-85.8%), from €5,382 to €764
of which Remuneration and social security: -€3,750
- Other debts +€3,109
up €3,109 (+64.3%), from €4,838 to €7,947
- Gross operating margin +€10,967
up €10,967, from -€4,525 to €6,442
- Financial charges +€643
up €643 (+295.0%), from €218 to €861
- Other operating charges -€122
down €122 (-14.4%), from €851 to €729
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 | €66,871 | €79,169 | +€12,298 | +18.4% |
| Fixed assets | 21/28 | €3,500 | €200 | -€3,300 | -94.3% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €3,500 | €200 | -€3,300 | -94.3% |
| Current assets | 29/58 | €63,371 | €78,969 | +€15,598 | +24.6% |
| Stocks and contracts in progress | 3 | €28,054 | €45,542 | +€17,488 | +62.3% |
| Stocks | 30/36 | €28,054 | €45,542 | +€17,488 | +62.3% |
| Amounts receivable within one year | 40/41 | €8,571 | €321 | -€8,250 | -96.3% |
| Trade receivables | 40 | €8,074 | €229 | -€7,845 | -97.2% |
| Other amounts receivable | 41 | €497 | €93 | -€404 | -81.3% |
| Cash at bank and in hand | 54/58 | €26,396 | €32,720 | +€6,324 | +24.0% |
| Deferred charges and accrued income | 490/1 | €350 | €386 | +€36 | +10.4% |
| Total equity and liabilities | 10/49 | €66,871 | €79,169 | +€12,298 | +18.4% |
| Equity | 10/15 | €54,561 | €59,413 | +€4,852 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,555 | €41,555 | = | 0.0% |
| Distributable reserves | 133 | €41,555 | €41,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,594 | -€742 | +€4,852 | +86.7% |
| Amounts payable | 17/49 | €12,310 | €19,756 | +€7,446 | +60.5% |
| Amounts payable after more than one year | 17 | - | €5,623 | +€5,623 | |
| Financial debts | 170/4 | - | €5,623 | +€5,623 | |
| Amounts payable within one year | 42/48 | €12,310 | €14,134 | +€1,823 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | - | €4,981 | +€4,981 | |
| Trade debts | 44 | €2,091 | €443 | -€1,648 | -78.8% |
| Suppliers | 440/4 | €2,091 | €443 | -€1,648 | -78.8% |
| Taxes, remuneration and social security | 45 | €5,382 | €764 | -€4,618 | -85.8% |
| Taxes | 450/3 | €1,632 | €764 | -€868 | -53.2% |
| Remuneration and social security | 454/9 | €3,750 | - | -€3,750 | |
| Other amounts payable | 47/48 | €4,838 | €7,947 | +€3,109 | +64.3% |
| Other operating charges | 640/8 | €851 | €729 | -€122 | -14.4% |
| Gross operating margin | 9900 | -€4,525 | €6,442 | +€10,967 | |
| Operating profit (loss) | 9901 | -€5,376 | €5,713 | +€11,090 | |
| Financial charges | 65/66B | €218 | €861 | +€643 | +295.0% |
| Recurring financial charges | 65 | €218 | €861 | +€643 | +295.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,594 | €4,852 | +€10,446 | |
| Profit (loss) for the period | 9904 | -€5,594 | €4,852 | +€10,446 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,594 | €4,852 | +€10,446 |
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 3 October 2026 via checked.be.