GORRIQUER Cécile: 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.
GORRIQUER Cécile
Largest movements
- Receivables within one year -€508,892
down €508,892 (-70.8%), from €718,993 to €210,101
of which Trade receivables: -€546,680
- Cash -€228,960
down €228,960 (-85.3%), from €268,274 to €39,314
mainly Trade debts (-€726,053) and Investment in fixed assets (net) (-€41,687)
- Tangible fixed assets +€35,096
new in 2025: €35,096
of which Furniture and vehicles: +€31,887
- Stocks and contracts -€24,638
down €24,638 (-14.0%), from €176,133 to €151,495
- Trade debts -€726,053
down €726,053 (-83.4%), from €870,332 to €144,279
- Gross operating margin -€60,246
down €60,246 (-30.3%), from €198,641 to €138,395
- Financial charges -€23,407
down €23,407 (-25.3%), from €92,463 to €69,056
- Taxes -€10,738
down €10,738 (-49.3%), from €21,785 to €11,047
- Staff costs +€7,929
up €7,929 (+38.0%), from €20,843 to €28,772
- Other operating charges +€7,076
up €7,076 (+77.7%), from €9,109 to €16,185
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 | €1,163,401 | €436,006 | -€727,395 | -62.5% |
| Fixed assets | 21/28 | - | €35,096 | +€35,096 | |
| Tangible fixed assets | 22/27 | - | €35,096 | +€35,096 | |
| Plant, machinery and equipment | 23 | - | €3,209 | +€3,209 | |
| Furniture and vehicles | 24 | - | €31,887 | +€31,887 | |
| Current assets | 29/58 | €1,163,401 | €400,910 | -€762,491 | -65.5% |
| Stocks and contracts in progress | 3 | €176,133 | €151,495 | -€24,638 | -14.0% |
| Stocks | 30/36 | €176,133 | €151,495 | -€24,638 | -14.0% |
| Amounts receivable within one year | 40/41 | €718,993 | €210,101 | -€508,892 | -70.8% |
| Trade receivables | 40 | €708,748 | €162,068 | -€546,680 | -77.1% |
| Other amounts receivable | 41 | €10,245 | €48,033 | +€37,788 | +368.8% |
| Cash at bank and in hand | 54/58 | €268,274 | €39,314 | -€228,960 | -85.3% |
| Total equity and liabilities | 10/49 | €1,163,401 | €436,006 | -€727,395 | -62.5% |
| Equity | 10/15 | €278,187 | €284,923 | +€6,735 | +2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €154,712 | €161,447 | +€6,735 | +4.4% |
| 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 | €152,852 | €159,587 | +€6,735 | +4.4% |
| Profit (loss) carried forward | 14 | €117,276 | €117,276 | = | 0.0% |
| Amounts payable | 17/49 | €885,213 | €151,083 | -€734,130 | -82.9% |
| Amounts payable within one year | 42/48 | €885,213 | €151,083 | -€734,130 | -82.9% |
| Trade debts | 44 | €870,332 | €144,279 | -€726,053 | -83.4% |
| Suppliers | 440/4 | €870,332 | €144,279 | -€726,053 | -83.4% |
| Taxes, remuneration and social security | 45 | €10,208 | €5,114 | -€5,094 | -49.9% |
| Taxes | 450/3 | €5,785 | - | -€5,785 | |
| Remuneration and social security | 454/9 | €4,423 | €5,114 | +€691 | +15.6% |
| Other amounts payable | 47/48 | €4,673 | €1,690 | -€2,983 | -63.8% |
| Remuneration, social security and pensions | 62 | €20,843 | €28,772 | +€7,929 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,591 | +€6,591 | |
| Other operating charges | 640/8 | €9,109 | €16,185 | +€7,076 | +77.7% |
| Non-recurring operating charges | 66A | - | €8 | +€8 | |
| Gross operating margin | 9900 | €198,641 | €138,395 | -€60,246 | -30.3% |
| Operating profit (loss) | 9901 | €168,688 | €86,838 | -€81,850 | -48.5% |
| Financial charges | 65/66B | €92,463 | €69,056 | -€23,407 | -25.3% |
| Recurring financial charges | 65 | €92,463 | €69,056 | -€23,407 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €76,225 | €17,783 | -€58,442 | -76.7% |
| Income taxes | 67/77 | €21,785 | €11,047 | -€10,738 | -49.3% |
| Profit (loss) for the period | 9904 | €54,440 | €6,735 | -€47,705 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,440 | €6,735 | -€47,705 | -87.6% |
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 9 October 2026 via checked.be.