GORIS: 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.
GORIS
Largest movements
- Tangible fixed assets +€145,131
up €145,131 (+2923.5%), from €4,964 to €150,095
of which Furniture and vehicles: +€145,685
- Receivables within one year -€46,524
down €46,524 (-69.0%), from €67,416 to €20,892
of which Trade receivables: -€49,131
- Stocks and contracts +€25,612
up €25,612 (+310.4%), from €8,250 to €33,862
- Cash -€18,083
down €18,083 (-68.6%), from €26,362 to €8,279
mainly Investment in fixed assets (net) (-€149,055) and Stocks and contracts (-€25,612)
- Debts after one year +€70,000
new in 2025: €70,000
- Reserves +€33,605
up €33,605 (+140.8%), from €23,865 to €57,470
- Other debts -€14,532
down €14,532 (-66.1%), from €21,980 to €7,447
- Trade debts +€13,420
up €13,420 (+143.9%), from €9,329 to €22,749
- Tax, wage and social debts +€3,643
up €3,643 (+104.5%), from €3,486 to €7,129
of which Remuneration and social security: +€3,338
- Gross operating margin +€26,687
up €26,687 (+33.3%), from €80,069 to €106,755
- Staff costs -€6,565
down €6,565 (-10.7%), from €61,539 to €54,974
- Taxes +€5,993
up €5,993 (+158.6%), from €3,780 to €9,773
- Depreciation +€1,866
up €1,866 (+90.6%), from €2,058 to €3,924
- Financial charges -€1,409
down €1,409 (-45.3%), from €3,113 to €1,703
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 | €106,992 | €213,128 | +€106,136 | +99.2% |
| Fixed assets | 21/28 | €4,964 | €150,095 | +€145,131 | +2923.5% |
| Tangible fixed assets | 22/27 | €4,964 | €150,095 | +€145,131 | +2923.5% |
| Plant, machinery and equipment | 23 | €1,623 | €1,069 | -€554 | -34.1% |
| Furniture and vehicles | 24 | €3,341 | €149,027 | +€145,685 | +4359.9% |
| Current assets | 29/58 | €102,028 | €63,033 | -€38,995 | -38.2% |
| Stocks and contracts in progress | 3 | €8,250 | €33,862 | +€25,612 | +310.4% |
| Stocks | 30/36 | €8,250 | €33,862 | +€25,612 | +310.4% |
| Amounts receivable within one year | 40/41 | €67,416 | €20,892 | -€46,524 | -69.0% |
| Trade receivables | 40 | €65,561 | €16,430 | -€49,131 | -74.9% |
| Other amounts receivable | 41 | €1,855 | €4,462 | +€2,607 | +140.5% |
| Cash at bank and in hand | 54/58 | €26,362 | €8,279 | -€18,083 | -68.6% |
| Total equity and liabilities | 10/49 | €106,992 | €213,128 | +€106,136 | +99.2% |
| Equity | 10/15 | €72,198 | €105,803 | +€33,605 | +46.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,865 | €57,470 | +€33,605 | +140.8% |
| Distributable reserves | 133 | €23,865 | €57,470 | +€33,605 | +140.8% |
| Profit (loss) carried forward | 14 | €29,733 | €29,733 | = | 0.0% |
| Amounts payable | 17/49 | €34,794 | €107,325 | +€72,531 | +208.5% |
| Amounts payable after more than one year | 17 | - | €70,000 | +€70,000 | |
| Financial debts | 170/4 | - | €70,000 | +€70,000 | |
| Amounts payable within one year | 42/48 | €34,794 | €37,325 | +€2,531 | +7.3% |
| Trade debts | 44 | €9,329 | €22,749 | +€13,420 | +143.9% |
| Suppliers | 440/4 | €9,329 | €22,749 | +€13,420 | +143.9% |
| Taxes, remuneration and social security | 45 | €3,486 | €7,129 | +€3,643 | +104.5% |
| Taxes | 450/3 | €1,130 | €1,435 | +€305 | +27.0% |
| Remuneration and social security | 454/9 | €2,356 | €5,694 | +€3,338 | +141.7% |
| Other amounts payable | 47/48 | €21,980 | €7,447 | -€14,532 | -66.1% |
| Remuneration, social security and pensions | 62 | €61,539 | €54,974 | -€6,565 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,058 | €3,924 | +€1,866 | +90.6% |
| Other operating charges | 640/8 | €1,597 | €2,858 | +€1,261 | +79.0% |
| Gross operating margin | 9900 | €80,069 | €106,755 | +€26,687 | +33.3% |
| Operating profit (loss) | 9901 | €14,874 | €44,999 | +€30,125 | +202.5% |
| Financial income | 75/76B | €7 | €82 | +€75 | +1064.0% |
| Recurring financial income | 75 | €7 | €82 | +€75 | +1064.0% |
| Financial charges | 65/66B | €3,113 | €1,703 | -€1,409 | -45.3% |
| Recurring financial charges | 65 | €3,113 | €1,703 | -€1,409 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €11,769 | €43,378 | +€31,609 | +268.6% |
| Income taxes | 67/77 | €3,780 | €9,773 | +€5,993 | +158.6% |
| Profit (loss) for the period | 9904 | €7,989 | €33,605 | +€25,616 | +320.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,989 | €33,605 | +€25,616 | +320.6% |
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.