Gorgan Move: 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.
Gorgan Move
Largest movements
- Receivables within one year +€742,079
up €742,079 (+797.5%), from €93,051 to €835,130
of which Trade receivables: +€835,013
- Cash -€28,880
no longer reported in 2024 (was €28,880)
mainly Receivables within one year (-€742,079)
- Tax, wage and social debts +€607,043
up €607,043 (+870.3%), from €69,754 to €676,796
- Reserves +€59,100
new in 2024: €59,100
- Profit (loss) carried forward +€36,893
up €36,893 (+102.2%), from €36,109 to €73,003
- Gross operating margin +€205,496
up €205,496 (+515.1%), from €39,895 to €245,392
- Purchases and services -€179,969
down €179,969 (-26.5%), from €678,712 to €498,743
- Staff costs +€123,020
new in 2024: €123,020
- Turnover +€25,528
up €25,528 (+3.6%), from €718,607 to €744,135
- Taxes +€25,331
new in 2024: €25,331
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,280 | €835,130 | +€704,851 | +541.0% |
| Formation expenses | 20 | €1,598 | - | -€1,598 | |
| Fixed assets | 21/28 | €6,750 | - | -€6,750 | |
| Financial fixed assets | 28 | €6,750 | - | -€6,750 | |
| Current assets | 29/58 | €121,931 | €835,130 | +€713,199 | +584.9% |
| Amounts receivable within one year | 40/41 | €93,051 | €835,130 | +€742,079 | +797.5% |
| Trade receivables | 40 | €117 | €835,130 | +€835,013 | +711739.7% |
| Other amounts receivable | 41 | €92,934 | - | -€92,934 | |
| Cash at bank and in hand | 54/58 | €28,880 | - | -€28,880 | |
| Total equity and liabilities | 10/49 | €130,280 | €835,130 | +€704,851 | +541.0% |
| Equity | 10/15 | €37,009 | €133,003 | +€95,993 | +259.4% |
| Contributions | 10/11 | €900 | €900 | = | 0.0% |
| Capital | 10 | €900 | - | -€900 | |
| Issued capital | 100 | €900 | - | -€900 | |
| Reserves | 13 | - | €59,100 | +€59,100 | |
| Non-distributable reserves | 130/1 | - | €59,100 | +€59,100 | |
| Reserves not available under the articles | 1311 | - | €59,100 | +€59,100 | |
| Profit (loss) carried forward | 14 | €36,109 | €73,003 | +€36,893 | +102.2% |
| Amounts payable | 17/49 | €93,270 | €702,127 | +€608,857 | +652.8% |
| Amounts payable within one year | 42/48 | €93,270 | €702,127 | +€608,857 | +652.8% |
| Trade debts | 44 | €23,517 | €25,331 | +€1,815 | +7.7% |
| Suppliers | 440/4 | €23,517 | €25,331 | +€1,815 | +7.7% |
| Taxes, remuneration and social security | 45 | €69,754 | €676,796 | +€607,043 | +870.3% |
| Taxes | 450/3 | €69,754 | €676,796 | +€607,043 | +870.3% |
| Turnover | 70 | €718,607 | €744,135 | +€25,528 | +3.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €678,712 | €498,743 | -€179,969 | -26.5% |
| Remuneration, social security and pensions | 62 | - | €123,020 | +€123,020 | |
| Other operating charges | 640/8 | €3,329 | €1,047 | -€2,282 | -68.5% |
| Gross operating margin | 9900 | €39,895 | €245,392 | +€205,496 | +515.1% |
| Operating profit (loss) | 9901 | €36,566 | €121,325 | +€84,758 | +231.8% |
| Financial income | 75/76B | €8,241 | €0 | -€8,241 | -100.0% |
| Recurring financial income | 75 | €8,241 | €0 | -€8,241 | -100.0% |
| Financial charges | 65/66B | €8,698 | €0 | -€8,698 | -100.0% |
| Recurring financial charges | 65 | €8,698 | €0 | -€8,698 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €36,109 | €121,325 | +€85,215 | +236.0% |
| Income taxes | 67/77 | - | €25,331 | +€25,331 | |
| Profit (loss) for the period | 9904 | €36,109 | €95,993 | +€59,884 | +165.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,109 | €95,993 | +€59,884 | +165.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.