GORISSEN: 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.
GORISSEN
Largest movements
- Cash +€413,491
up €413,491 (+34.2%), from €1.2m to €1.6m
mainly Net result for the year (+€176,699) and Depreciation (+€121,495)
- Tangible fixed assets -€121,495
down €121,495 (-19.1%), from €636,200 to €514,705
- Stocks and contracts -€107,040
down €107,040 (-27.4%), from €390,872 to €283,832
of which Stocks: -€112,040
- Reserves +€176,699
up €176,699 (+5.1%), from €3.4m to €3.6m
- Gross operating margin -€459,790
down €459,790 (-31.7%), from €1.5m to €991,819
- Taxes -€149,423
down €149,423 (-65.4%), from €228,636 to €79,213
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 | €3,625,080 | €3,810,206 | +€185,126 | +5.1% |
| Fixed assets | 21/28 | €636,200 | €514,705 | -€121,495 | -19.1% |
| Tangible fixed assets | 22/27 | €636,200 | €514,705 | -€121,495 | -19.1% |
| Land and buildings | 22 | €241,534 | €215,928 | -€25,606 | -10.6% |
| Plant, machinery and equipment | 23 | €302,143 | €244,056 | -€58,087 | -19.2% |
| Furniture and vehicles | 24 | €92,523 | €54,722 | -€37,801 | -40.9% |
| Current assets | 29/58 | €2,988,880 | €3,295,501 | +€306,621 | +10.3% |
| Stocks and contracts in progress | 3 | €390,872 | €283,832 | -€107,040 | -27.4% |
| Stocks | 30/36 | €355,872 | €243,832 | -€112,040 | -31.5% |
| Contracts in progress | 37 | €35,000 | €40,000 | +€5,000 | +14.3% |
| Amounts receivable within one year | 40/41 | €310,876 | €295,061 | -€15,815 | -5.1% |
| Trade receivables | 40 | €244,531 | €215,803 | -€28,727 | -11.7% |
| Other amounts receivable | 41 | €66,345 | €79,257 | +€12,912 | +19.5% |
| Current investments | 50/53 | €1,073,775 | €1,086,428 | +€12,653 | +1.2% |
| Cash at bank and in hand | 54/58 | €1,208,041 | €1,621,532 | +€413,491 | +34.2% |
| Deferred charges and accrued income | 490/1 | €5,317 | €8,649 | +€3,331 | +62.7% |
| Total equity and liabilities | 10/49 | €3,625,080 | €3,810,206 | +€185,126 | +5.1% |
| Equity | 10/15 | €3,518,028 | €3,694,727 | +€176,699 | +5.0% |
| Contributions | 10/11 | €80,600 | €80,600 | = | 0.0% |
| Reserves | 13 | €3,437,428 | €3,614,127 | +€176,699 | +5.1% |
| Distributable reserves | 133 | €3,437,428 | €3,614,127 | +€176,699 | +5.1% |
| Amounts payable | 17/49 | €107,052 | €115,479 | +€8,427 | +7.9% |
| Amounts payable within one year | 42/48 | €107,052 | €115,479 | +€8,427 | +7.9% |
| Trade debts | 44 | €47,128 | €71,864 | +€24,737 | +52.5% |
| Suppliers | 440/4 | €47,128 | €71,864 | +€24,737 | +52.5% |
| Taxes, remuneration and social security | 45 | €57,341 | €41,032 | -€16,309 | -28.4% |
| Remuneration and social security | 454/9 | €57,341 | €41,032 | -€16,309 | -28.4% |
| Other amounts payable | 47/48 | €2,583 | €2,583 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €624,837 | €629,393 | +€4,556 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,179 | €121,495 | +€3,315 | +2.8% |
| Other operating charges | 640/8 | €17,828 | €18,826 | +€998 | +5.6% |
| Non-recurring operating charges | 66A | - | €3,385 | +€3,385 | |
| Gross operating margin | 9900 | €1,451,609 | €991,819 | -€459,790 | -31.7% |
| Operating profit (loss) | 9901 | €690,765 | €218,720 | -€472,044 | -68.3% |
| Financial income | 75/76B | €50,423 | €44,950 | -€5,473 | -10.9% |
| Recurring financial income | 75 | €50,423 | €44,950 | -€5,473 | -10.9% |
| Financial charges | 65/66B | €9,610 | €7,759 | -€1,850 | -19.3% |
| Recurring financial charges | 65 | €9,610 | €7,759 | -€1,850 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €731,578 | €255,911 | -€475,667 | -65.0% |
| Income taxes | 67/77 | €228,636 | €79,213 | -€149,423 | -65.4% |
| Profit (loss) for the period | 9904 | €502,942 | €176,699 | -€326,244 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €502,942 | €176,699 | -€326,244 | -64.9% |
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 5 October 2026 via checked.be.