GORI TIFFANY: 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.
GORI TIFFANY
Largest movements
- Cash +€87,971
up €87,971 (+48.9%), from €180,068 to €268,038
mainly Other debts (+€238,471) and Net result for the year (+€127,026)
- Tangible fixed assets -€5,062
down €5,062 (-14.0%), from €36,273 to €31,210
of which Plant, machinery and equipment: -€4,175
- Other debts +€238,471
up €238,471 (+1,125%), from €21,195 to €259,666
- Profit (loss) carried forward -€178,674
down €178,674 (-99.4%), from €179,701 to €1,027
- Tax, wage and social debts +€43,398
up €43,398 (+430%), from €10,096 to €53,493
of which Taxes: +€43,250
- Trade debts -€16,289
down €16,289 (-71.9%), from €22,652 to €6,363
- Debts after one year -€4,049
down €4,049 (-29.1%), from €13,925 to €9,876
- Gross operating margin +€67,391
up €67,391 (+46.8%), from €143,958 to €211,349
- Taxes +€16,585
up €16,585 (+80.0%), from €20,742 to €37,327
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 | €256,761 | €338,506 | +€81,745 | +31.8% |
| Fixed assets | 21/28 | €38,273 | €33,210 | -€5,062 | -13.2% |
| Tangible fixed assets | 22/27 | €36,273 | €31,210 | -€5,062 | -14.0% |
| Plant, machinery and equipment | 23 | €16,583 | €12,408 | -€4,175 | -25.2% |
| Furniture and vehicles | 24 | €1,255 | €1,227 | -€29 | -2.3% |
| Other tangible fixed assets | 26 | €18,434 | €17,576 | -€859 | -4.7% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €218,488 | €305,296 | +€86,807 | +39.7% |
| Stocks and contracts in progress | 3 | €22,361 | €21,238 | -€1,123 | -5.0% |
| Stocks | 30/36 | €22,361 | €21,238 | -€1,123 | -5.0% |
| Amounts receivable within one year | 40/41 | €11,651 | €8,969 | -€2,682 | -23.0% |
| Trade receivables | 40 | €2,328 | €1,359 | -€969 | -41.6% |
| Other amounts receivable | 41 | €9,323 | €7,610 | -€1,713 | -18.4% |
| Cash at bank and in hand | 54/58 | €180,068 | €268,038 | +€87,971 | +48.9% |
| Deferred charges and accrued income | 490/1 | €4,409 | €7,050 | +€2,641 | +59.9% |
| Total equity and liabilities | 10/49 | €256,761 | €338,506 | +€81,745 | +31.8% |
| Equity | 10/15 | €183,701 | €5,027 | -€178,674 | -97.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €179,701 | €1,027 | -€178,674 | -99.4% |
| Amounts payable | 17/49 | €73,060 | €333,479 | +€260,419 | +356% |
| Amounts payable after more than one year | 17 | €13,925 | €9,876 | -€4,049 | -29.1% |
| Financial debts | 170/4 | €13,925 | €9,876 | -€4,049 | -29.1% |
| Amounts payable within one year | 42/48 | €59,096 | €323,571 | +€264,475 | +448% |
| Current portion of amounts payable after more than one year | 42 | €5,153 | €4,049 | -€1,104 | -21.4% |
| Trade debts | 44 | €22,652 | €6,363 | -€16,289 | -71.9% |
| Suppliers | 440/4 | €22,652 | €6,363 | -€16,289 | -71.9% |
| Taxes, remuneration and social security | 45 | €10,096 | €53,493 | +€43,398 | +430% |
| Taxes | 450/3 | €5,928 | €49,177 | +€43,250 | +730% |
| Remuneration and social security | 454/9 | €4,168 | €4,316 | +€148 | +3.6% |
| Other amounts payable | 47/48 | €21,195 | €259,666 | +€238,471 | +1,125% |
| Accrued charges and deferred income | 492/3 | €40 | €32 | -€8 | -20.2% |
| Remuneration, social security and pensions | 62 | €33,300 | €34,960 | +€1,660 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,319 | €6,882 | +€1,564 | +29.4% |
| Other operating charges | 640/8 | €2,879 | €2,837 | -€42 | -1.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €143,958 | €211,349 | +€67,391 | +46.8% |
| Operating profit (loss) | 9901 | €102,460 | €166,670 | +€64,210 | +62.7% |
| Financial income | 75/76B | €1,026 | €920 | -€106 | -10.4% |
| Recurring financial income | 75 | €1,026 | €920 | -€106 | -10.4% |
| Financial charges | 65/66B | €3,426 | €3,237 | -€189 | -5.5% |
| Recurring financial charges | 65 | €3,426 | €3,237 | -€189 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €100,060 | €164,353 | +€64,293 | +64.3% |
| Income taxes | 67/77 | €20,742 | €37,327 | +€16,585 | +80.0% |
| Profit (loss) for the period | 9904 | €79,318 | €127,026 | +€47,708 | +60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €79,318 | €127,026 | +€47,708 | +60.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.