GORKHA: 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.
GORKHA
Largest movements
- Tangible fixed assets +€22,896
up €22,896 (+110%), from €20,808 to €43,704
of which Plant, machinery and equipment: +€14,014
- Cash -€20,763
down €20,763 (-12.5%), from €165,484 to €144,721
mainly Investment in fixed assets (net) (-€38,177) and Net result for the year (-€21,819)
- Receivables within one year -€7,119
down €7,119 (-51.9%), from €13,712 to €6,592
of which Other amounts receivable: -€8,596
- Financial fixed assets +€2,400
up €2,400 (+88.1%), from €2,725 to €5,125
- Profit (loss) carried forward -€25,069
down €25,069 (-20.2%), from €124,288 to €99,220
- Other debts +€18,988
up €18,988 (+178%), from €10,651 to €29,638
- Trade debts +€15,008
up €15,008 (+337%), from €4,455 to €19,463
- Tax, wage and social debts -€7,735
down €7,735 (-24.7%), from €31,330 to €23,596
of which Taxes: -€13,986
- Debts after one year -€2,716
down €2,716 (-59.3%), from €4,579 to €1,863
- Staff costs +€54,242
up €54,242 (+65.9%), from €82,346 to €136,588
- Gross operating margin +€20,541
up €20,541 (+17.8%), from €115,157 to €135,698
- Depreciation +€6,075
up €6,075 (+89.3%), from €6,806 to €12,881
- Other operating charges +€2,873
up €2,873 (+100%), from €2,870 to €5,744
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 | €204,987 | €202,556 | -€2,431 | -1.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €23,533 | €48,829 | +€25,296 | +107% |
| Tangible fixed assets | 22/27 | €20,808 | €43,704 | +€22,896 | +110% |
| Land and buildings | 22 | €7,260 | €15,391 | +€8,131 | +112% |
| Plant, machinery and equipment | 23 | €13,548 | €27,561 | +€14,014 | +103% |
| Furniture and vehicles | 24 | - | €752 | +€752 | |
| Financial fixed assets | 28 | €2,725 | €5,125 | +€2,400 | +88.1% |
| Current assets | 29/58 | €181,454 | €153,727 | -€27,727 | -15.3% |
| Stocks and contracts in progress | 3 | €1,550 | €1,550 | = | 0.0% |
| Stocks | 30/36 | €1,550 | €1,550 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,712 | €6,592 | -€7,119 | -51.9% |
| Trade receivables | 40 | €2,213 | €3,689 | +€1,477 | +66.7% |
| Other amounts receivable | 41 | €11,499 | €2,903 | -€8,596 | -74.8% |
| Cash at bank and in hand | 54/58 | €165,484 | €144,721 | -€20,763 | -12.5% |
| Deferred charges and accrued income | 490/1 | €708 | €863 | +€156 | +22.0% |
| Total equity and liabilities | 10/49 | €204,987 | €202,556 | -€2,431 | -1.2% |
| Equity | 10/15 | €150,348 | €125,280 | -€25,069 | -16.7% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Contributions outside capital | 11 | €14,200 | - | -€14,200 | |
| Other | 1109/19 | €14,200 | - | -€14,200 | |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,288 | €99,220 | -€25,069 | -20.2% |
| Amounts payable | 17/49 | €54,639 | €77,277 | +€22,637 | +41.4% |
| Amounts payable after more than one year | 17 | €4,579 | €1,863 | -€2,716 | -59.3% |
| Financial debts | 170/4 | €4,579 | €1,863 | -€2,716 | -59.3% |
| Amounts payable within one year | 42/48 | €50,060 | €75,414 | +€25,354 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €3,624 | €2,716 | -€908 | -25.0% |
| Trade debts | 44 | €4,455 | €19,463 | +€15,008 | +337% |
| Suppliers | 440/4 | €4,455 | €19,463 | +€15,008 | +337% |
| Taxes, remuneration and social security | 45 | €31,330 | €23,596 | -€7,735 | -24.7% |
| Taxes | 450/3 | €22,250 | €8,265 | -€13,986 | -62.9% |
| Remuneration and social security | 454/9 | €9,080 | €15,331 | +€6,251 | +68.8% |
| Other amounts payable | 47/48 | €10,651 | €29,638 | +€18,988 | +178% |
| Non-recurring operating income | 76A | €15,204 | - | -€15,204 | |
| Remuneration, social security and pensions | 62 | €82,346 | €136,588 | +€54,242 | +65.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,806 | €12,881 | +€6,075 | +89.3% |
| Other operating charges | 640/8 | €2,870 | €5,744 | +€2,873 | +100% |
| Gross operating margin | 9900 | €115,157 | €135,698 | +€20,541 | +17.8% |
| Operating profit (loss) | 9901 | €23,134 | -€19,515 | -€42,648 | |
| Financial income | 75/76B | €3 | €127 | +€124 | +4,076% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -65.6% |
| Non-recurring financial income | 76B | - | €126 | +€126 | |
| Financial charges | 65/66B | €1,252 | €2,431 | +€1,179 | +94.2% |
| Recurring financial charges | 65 | €1,252 | €2,431 | +€1,179 | +94.2% |
| Profit (loss) for the period before taxes | 9903 | €21,885 | -€21,819 | -€43,703 | |
| Profit (loss) for the period | 9904 | €21,885 | -€21,819 | -€43,703 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,885 | -€21,819 | -€43,703 |
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 16 October 2026 via checked.be.