GORRENS D: 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.
GORRENS D
Largest movements
- Cash +€82,519
up €82,519 (+60.6%), from €136,268 to €218,787
mainly Net result for the year (+€79,883) and Depreciation (+€31,313)
- Tangible fixed assets +€47,287
up €47,287 (+139.7%), from €33,841 to €81,129
of which Furniture and vehicles: +€48,829
- Receivables within one year -€21,063
down €21,063 (-82.1%), from €25,659 to €4,595
of which Trade receivables: -€21,063
- Reserves +€67,100
up €67,100 (+42.1%), from €159,548 to €226,649
- Debts after one year +€18,057
up €18,057 (+164.3%), from €10,988 to €29,045
- Other debts +€14,268
up €14,268 (+452.2%), from €3,155 to €17,423
- Tax, wage and social debts +€10,184
up €10,184 (+74.1%), from €13,737 to €23,920
of which Taxes: +€12,212
- Trade debts -€8,382
down €8,382 (-62.7%), from €13,366 to €4,984
- Gross operating margin +€49,837
up €49,837 (+49.1%), from €101,405 to €151,242
- Depreciation +€14,285
up €14,285 (+83.9%), from €17,028 to €31,313
- Taxes +€9,058
up €9,058 (+33.0%), from €27,468 to €36,526
- Financial charges +€1,514
up €1,514 (+159.8%), from €947 to €2,462
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 | €222,962 | €331,276 | +€108,314 | +48.6% |
| Fixed assets | 21/28 | €33,841 | €81,129 | +€47,287 | +139.7% |
| Tangible fixed assets | 22/27 | €33,841 | €81,129 | +€47,287 | +139.7% |
| Plant, machinery and equipment | 23 | €3,846 | €2,304 | -€1,542 | -40.1% |
| Furniture and vehicles | 24 | €29,996 | €78,825 | +€48,829 | +162.8% |
| Current assets | 29/58 | €189,121 | €250,147 | +€61,027 | +32.3% |
| Stocks and contracts in progress | 3 | €684 | €240 | -€444 | -64.9% |
| Stocks | 30/36 | €684 | €240 | -€444 | -64.9% |
| Amounts receivable within one year | 40/41 | €25,659 | €4,595 | -€21,063 | -82.1% |
| Trade receivables | 40 | €25,659 | €4,595 | -€21,063 | -82.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €26,000 | €26,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €136,268 | €218,787 | +€82,519 | +60.6% |
| Deferred charges and accrued income | 490/1 | €510 | €525 | +€15 | +3.0% |
| Total equity and liabilities | 10/49 | €222,962 | €331,276 | +€108,314 | +48.6% |
| Equity | 10/15 | €171,948 | €239,049 | +€67,100 | +39.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €159,548 | €226,649 | +€67,100 | +42.1% |
| Distributable reserves | 133 | €159,548 | €226,649 | +€67,100 | +42.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,014 | €92,227 | +€41,214 | +80.8% |
| Amounts payable after more than one year | 17 | €10,988 | €29,045 | +€18,057 | +164.3% |
| Financial debts | 170/4 | €10,988 | €29,045 | +€18,057 | +164.3% |
| Amounts payable within one year | 42/48 | €39,575 | €62,732 | +€23,156 | +58.5% |
| Current portion of amounts payable after more than one year | 42 | €9,318 | €16,405 | +€7,087 | +76.1% |
| Trade debts | 44 | €13,366 | €4,984 | -€8,382 | -62.7% |
| Suppliers | 440/4 | €13,366 | €4,984 | -€8,382 | -62.7% |
| Taxes, remuneration and social security | 45 | €13,737 | €23,920 | +€10,184 | +74.1% |
| Taxes | 450/3 | €9,658 | €21,870 | +€12,212 | +126.4% |
| Remuneration and social security | 454/9 | €4,078 | €2,050 | -€2,028 | -49.7% |
| Other amounts payable | 47/48 | €3,155 | €17,423 | +€14,268 | +452.2% |
| Accrued charges and deferred income | 492/3 | €450 | €450 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,028 | €31,313 | +€14,285 | +83.9% |
| Other operating charges | 640/8 | €1,689 | €1,764 | +€75 | +4.5% |
| Gross operating margin | 9900 | €101,405 | €151,242 | +€49,837 | +49.1% |
| Operating profit (loss) | 9901 | €82,689 | €118,165 | +€35,477 | +42.9% |
| Financial income | 75/76B | €1,324 | €706 | -€618 | -46.7% |
| Recurring financial income | 75 | €1,324 | €706 | -€618 | -46.7% |
| Financial charges | 65/66B | €947 | €2,462 | +€1,514 | +159.8% |
| Recurring financial charges | 65 | €947 | €2,462 | +€1,514 | +159.8% |
| Profit (loss) for the period before taxes | 9903 | €83,065 | €116,409 | +€33,344 | +40.1% |
| Income taxes | 67/77 | €27,468 | €36,526 | +€9,058 | +33.0% |
| Profit (loss) for the period | 9904 | €55,597 | €79,883 | +€24,286 | +43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,597 | €79,883 | +€24,286 | +43.7% |
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 8 October 2026 via checked.be.