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 -€39,373
down €39,373 (-20.5%), from €191,972 to €152,599
- Receivables within one year +€37,855
up €37,855 (+59.1%), from €64,051 to €101,906
of which Trade receivables: +€40,074
- Cash +€14,217
up €14,217 (+15.8%), from €89,877 to €104,094
mainly Other debts (+€46,167) and Depreciation (+€43,087)
- Stocks and contracts +€7,946
up €7,946 (+16.3%), from €48,636 to €56,582
- Other debts +€46,167
up €46,167 (+272.8%), from €16,923 to €63,089
- Reserves -€28,422
down €28,422 (-9.0%), from €314,780 to €286,358
- Accrued charges and deferred income +€11,998
up €11,998 (+259.9%), from €4,616 to €16,614
- Trade debts -€5,988
down €5,988 (-16.1%), from €37,212 to €31,224
- Gross operating margin +€14,202
up €14,202 (+21.6%), from €65,878 to €80,080
- Taxes +€3,678
up €3,678 (+59.2%), from €6,215 to €9,892
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 | €400,126 | €419,880 | +€19,753 | +4.9% |
| Fixed assets | 21/28 | €192,572 | €153,199 | -€39,373 | -20.4% |
| Tangible fixed assets | 22/27 | €191,972 | €152,599 | -€39,373 | -20.5% |
| Land and buildings | 22 | €126,869 | €107,765 | -€19,104 | -15.1% |
| Plant, machinery and equipment | 23 | €6,606 | €4,326 | -€2,281 | -34.5% |
| Furniture and vehicles | 24 | €58,496 | €40,508 | -€17,988 | -30.8% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €207,555 | €266,681 | +€59,126 | +28.5% |
| Stocks and contracts in progress | 3 | €48,636 | €56,582 | +€7,946 | +16.3% |
| Stocks | 30/36 | €48,636 | €56,582 | +€7,946 | +16.3% |
| Amounts receivable within one year | 40/41 | €64,051 | €101,906 | +€37,855 | +59.1% |
| Trade receivables | 40 | €50,000 | €90,074 | +€40,074 | +80.1% |
| Other amounts receivable | 41 | €14,051 | €11,832 | -€2,219 | -15.8% |
| Cash at bank and in hand | 54/58 | €89,877 | €104,094 | +€14,217 | +15.8% |
| Deferred charges and accrued income | 490/1 | €4,991 | €4,099 | -€892 | -17.9% |
| Total equity and liabilities | 10/49 | €400,126 | €419,880 | +€19,753 | +4.9% |
| Equity | 10/15 | €327,180 | €298,758 | -€28,422 | -8.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €314,780 | €286,358 | -€28,422 | -9.0% |
| Distributable reserves | 133 | €314,780 | €286,358 | -€28,422 | -9.0% |
| Amounts payable | 17/49 | €72,946 | €121,122 | +€48,176 | +66.0% |
| Amounts payable within one year | 42/48 | €68,330 | €104,508 | +€36,178 | +52.9% |
| Trade debts | 44 | €37,212 | €31,224 | -€5,988 | -16.1% |
| Suppliers | 440/4 | €37,212 | €31,224 | -€5,988 | -16.1% |
| Advances received on contracts in progress | 46 | €1,961 | €1,025 | -€936 | -47.7% |
| Taxes, remuneration and social security | 45 | €12,234 | €9,170 | -€3,065 | -25.0% |
| Taxes | 450/3 | €12,234 | €9,170 | -€3,065 | -25.0% |
| Other amounts payable | 47/48 | €16,923 | €63,089 | +€46,167 | +272.8% |
| Accrued charges and deferred income | 492/3 | €4,616 | €16,614 | +€11,998 | +259.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,302 | €43,087 | -€215 | -0.5% |
| Other operating charges | 640/8 | €232 | €389 | +€157 | +67.6% |
| Non-recurring operating charges | 66A | - | €292 | +€292 | |
| Gross operating margin | 9900 | €65,878 | €80,080 | +€14,202 | +21.6% |
| Operating profit (loss) | 9901 | €22,344 | €36,312 | +€13,968 | +62.5% |
| Financial income | 75/76B | €177 | €170 | -€7 | -4.2% |
| Recurring financial income | 75 | €177 | €170 | -€7 | -4.2% |
| Financial charges | 65/66B | €872 | €617 | -€255 | -29.2% |
| Recurring financial charges | 65 | €872 | €617 | -€255 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €21,649 | €35,864 | +€14,216 | +65.7% |
| Income taxes | 67/77 | €6,215 | €9,892 | +€3,678 | +59.2% |
| Profit (loss) for the period | 9904 | €15,434 | €25,972 | +€10,538 | +68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,434 | €25,972 | +€10,538 | +68.3% |
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 1 October 2026 via checked.be.