Gorssen: 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.
Gorssen
Largest movements
- Cash +€49,765
up €49,765 (+78.1%), from €63,746 to €113,511
mainly Net result for the year (+€63,061) and Receivables within one year (+€37,490)
- Receivables within one year -€37,490
down €37,490 (-96.8%), from €38,720 to €1,230
of which Trade receivables: -€38,720
- Deferred charges and accrued income +€18,588
new in 2025: €18,588
- Tangible fixed assets +€6,045
up €6,045 (+135%), from €4,490 to €10,535
of which Furniture and vehicles: +€6,691
- Reserves +€63,061
up €63,061 (+86.4%), from €72,978 to €136,039
- Trade debts -€19,461
down €19,461 (-96.6%), from €20,145 to €684
- Tax, wage and social debts -€6,693
down €6,693 (-49.0%), from €13,660 to €6,966
of which Taxes: -€6,693
- Gross operating margin -€10,465
down €10,465 (-10.6%), from €98,860 to €88,395
- Financial charges +€3,215
up €3,215 (+137%), from €2,341 to €5,556
- Taxes -€2,530
down €2,530 (-13.2%), from €19,242 to €16,711
- Depreciation -€1,043
down €1,043 (-29.8%), from €3,503 to €2,460
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 | €106,956 | €143,864 | +€36,908 | +34.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €4,490 | €10,535 | +€6,045 | +135% |
| Tangible fixed assets | 22/27 | €4,490 | €10,535 | +€6,045 | +135% |
| Plant, machinery and equipment | 23 | €2,517 | €1,872 | -€645 | -25.6% |
| Furniture and vehicles | 24 | €1,973 | €8,663 | +€6,691 | +339% |
| Current assets | 29/58 | €102,466 | €133,329 | +€30,863 | +30.1% |
| Amounts receivable within one year | 40/41 | €38,720 | €1,230 | -€37,490 | -96.8% |
| Trade receivables | 40 | €38,720 | - | -€38,720 | |
| Other amounts receivable | 41 | - | €1,230 | +€1,230 | |
| Cash at bank and in hand | 54/58 | €63,746 | €113,511 | +€49,765 | +78.1% |
| Deferred charges and accrued income | 490/1 | - | €18,588 | +€18,588 | |
| Total equity and liabilities | 10/49 | €106,956 | €143,864 | +€36,908 | +34.5% |
| Equity | 10/15 | €73,078 | €136,139 | +€63,061 | +86.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €72,978 | €136,039 | +€63,061 | +86.4% |
| Distributable reserves | 133 | €72,978 | €136,039 | +€63,061 | +86.4% |
| Amounts payable | 17/49 | €33,878 | €7,725 | -€26,152 | -77.2% |
| Amounts payable within one year | 42/48 | €33,878 | €7,650 | -€26,227 | -77.4% |
| Trade debts | 44 | €20,145 | €684 | -€19,461 | -96.6% |
| Suppliers | 440/4 | €20,145 | €684 | -€19,461 | -96.6% |
| Taxes, remuneration and social security | 45 | €13,660 | €6,966 | -€6,693 | -49.0% |
| Taxes | 450/3 | €11,160 | €4,466 | -€6,693 | -60.0% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €73 | - | -€73 | |
| Accrued charges and deferred income | 492/3 | - | €75 | +€75 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,503 | €2,460 | -€1,043 | -29.8% |
| Other operating charges | 640/8 | €797 | €610 | -€187 | -23.5% |
| Gross operating margin | 9900 | €98,860 | €88,395 | -€10,465 | -10.6% |
| Operating profit (loss) | 9901 | €94,560 | €85,325 | -€9,235 | -9.8% |
| Financial income | 75/76B | €1 | €2 | +€2 | +275% |
| Recurring financial income | 75 | €1 | €2 | +€2 | +275% |
| Financial charges | 65/66B | €2,341 | €5,556 | +€3,215 | +137% |
| Recurring financial charges | 65 | €2,341 | €5,556 | +€3,215 | +137% |
| Profit (loss) for the period before taxes | 9903 | €92,220 | €79,772 | -€12,448 | -13.5% |
| Income taxes | 67/77 | €19,242 | €16,711 | -€2,530 | -13.2% |
| Profit (loss) for the period | 9904 | €72,978 | €63,061 | -€9,918 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,978 | €63,061 | -€9,918 | -13.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.