GORDIAM: 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.
GORDIAM
Largest movements
- Tangible fixed assets -€1,792
down €1,792 (-5.7%), from €31,429 to €29,637
of which Furniture and vehicles: -€3,846
- Cash +€1,388
up €1,388 (+39.1%), from €3,548 to €4,936
mainly Depreciation (+€7,083) and Other debts (+€2,556)
- Receivables within one year -€785
down €785 (-3.1%), from €24,968 to €24,184
- Tax, wage and social debts -€5,302
down €5,302 (-32.4%), from €16,379 to €11,077
of which Taxes: -€5,764
- Other debts +€2,556
up €2,556 (+18.0%), from €14,186 to €16,743
- Reserves +€2,238
up €2,238 (+14.6%), from €15,357 to €17,596
- Staff costs +€26,800
up €26,800 (+249%), from €10,764 to €37,564
- Purchases and services -€17,170
down €17,170 (-17.0%), from €100,818 to €83,649
- Gross operating margin +€11,021
up €11,021 (+28.8%), from €38,208 to €49,230
- Taxes -€4,780
down €4,780 (-74.6%), from €6,409 to €1,629
- Depreciation +€2,310
up €2,310 (+48.4%), from €4,773 to €7,083
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 | €61,900 | €60,871 | -€1,029 | -1.7% |
| Fixed assets | 21/28 | €31,429 | €29,637 | -€1,792 | -5.7% |
| Tangible fixed assets | 22/27 | €31,429 | €29,637 | -€1,792 | -5.7% |
| Plant, machinery and equipment | 23 | €710 | €5,063 | +€4,353 | +613% |
| Furniture and vehicles | 24 | €14,592 | €10,746 | -€3,846 | -26.4% |
| Other tangible fixed assets | 26 | €16,127 | €13,828 | -€2,298 | -14.3% |
| Current assets | 29/58 | €30,471 | €31,234 | +€763 | +2.5% |
| Amounts receivable within one year | 40/41 | €24,968 | €24,184 | -€785 | -3.1% |
| Trade receivables | 40 | €24,968 | €24,184 | -€785 | -3.1% |
| Cash at bank and in hand | 54/58 | €3,548 | €4,936 | +€1,388 | +39.1% |
| Deferred charges and accrued income | 490/1 | €1,955 | €2,114 | +€159 | +8.1% |
| Total equity and liabilities | 10/49 | €61,900 | €60,871 | -€1,029 | -1.7% |
| Equity | 10/15 | €28,937 | €31,175 | +€2,238 | +7.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Share premium | 1100/10 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,357 | €17,596 | +€2,238 | +14.6% |
| Distributable reserves | 133 | €15,357 | €17,596 | +€2,238 | +14.6% |
| Profit (loss) carried forward | 14 | €8,579 | €8,579 | = | 0.0% |
| Amounts payable | 17/49 | €32,963 | €29,696 | -€3,267 | -9.9% |
| Amounts payable within one year | 42/48 | €32,963 | €29,696 | -€3,267 | -9.9% |
| Trade debts | 44 | €2,398 | €1,876 | -€522 | -21.8% |
| Suppliers | 440/4 | €2,398 | €1,876 | -€522 | -21.8% |
| Taxes, remuneration and social security | 45 | €16,379 | €11,077 | -€5,302 | -32.4% |
| Taxes | 450/3 | €14,279 | €8,516 | -€5,764 | -40.4% |
| Remuneration and social security | 454/9 | €2,100 | €2,562 | +€462 | +22.0% |
| Other amounts payable | 47/48 | €14,186 | €16,743 | +€2,556 | +18.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €100,818 | €83,649 | -€17,170 | -17.0% |
| Remuneration, social security and pensions | 62 | €10,764 | €37,564 | +€26,800 | +249% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,773 | €7,083 | +€2,310 | +48.4% |
| Other operating charges | 640/8 | €384 | €616 | +€232 | +60.3% |
| Gross operating margin | 9900 | €38,208 | €49,230 | +€11,021 | +28.8% |
| Operating profit (loss) | 9901 | €22,286 | €3,966 | -€18,320 | -82.2% |
| Financial income | 75/76B | €1 | €1 | -€0 | -9.1% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -9.1% |
| Financial charges | 65/66B | €521 | €99 | -€422 | -81.0% |
| Recurring financial charges | 65 | €521 | €99 | -€422 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | €21,766 | €3,867 | -€17,898 | -82.2% |
| Income taxes | 67/77 | €6,409 | €1,629 | -€4,780 | -74.6% |
| Profit (loss) for the period | 9904 | €15,357 | €2,238 | -€13,119 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,357 | €2,238 | -€13,119 | -85.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.