GOSGOI: 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.
GOSGOI
Largest movements
- Current investments +€236,131
up €236,131 (+13.1%), from €1.8m to €2.0m
- Cash -€160,205
down €160,205 (-9.8%), from €1.6m to €1.5m
mainly Current investments (-€236,131) and Deferred charges and accrued income (-€12,496)
- Reserves +€60,796
up €60,796 (+7.6%), from €800,631 to €861,427
of which Distributable reserves: +€60,796
- Financial income +€59,575
up €59,575 (+70.9%), from €84,047 to €143,621
- Financial charges +€40,848
up €40,848 (+168%), from €24,246 to €65,094
- Depreciation +€3,236
up €3,236 (+18.2%), from €17,751 to €20,987
- Taxes -€2,561
down €2,561 (-22.9%), from €11,200 to €8,639
- Other operating charges +€571
up €571 (+15.3%), from €3,736 to €4,306
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 | €5,137,656 | €5,199,735 | +€62,078 | +1.2% |
| Fixed assets | 21/28 | €314,070 | €294,422 | -€19,648 | -6.3% |
| Tangible fixed assets | 22/27 | €150,406 | €130,758 | -€19,648 | -13.1% |
| Furniture and vehicles | 24 | €149,728 | €130,195 | -€19,533 | -13.0% |
| Other tangible fixed assets | 26 | €678 | €563 | -€115 | -17.0% |
| Financial fixed assets | 28 | €163,664 | €163,664 | = | 0.0% |
| Current assets | 29/58 | €4,823,587 | €4,905,313 | +€81,726 | +1.7% |
| Amounts receivable after more than one year | 29 | €1,200,000 | €1,200,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,200,000 | €1,200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €124,955 | €118,259 | -€6,696 | -5.4% |
| Trade receivables | 40 | €41,295 | €24,219 | -€17,076 | -41.4% |
| Other amounts receivable | 41 | €83,660 | €94,040 | +€10,380 | +12.4% |
| Current investments | 50/53 | €1,797,399 | €2,033,529 | +€236,131 | +13.1% |
| Cash at bank and in hand | 54/58 | €1,637,359 | €1,477,154 | -€160,205 | -9.8% |
| Deferred charges and accrued income | 490/1 | €63,874 | €76,370 | +€12,496 | +19.6% |
| Total equity and liabilities | 10/49 | €5,137,656 | €5,199,735 | +€62,078 | +1.2% |
| Equity | 10/15 | €5,135,197 | €5,195,994 | +€60,796 | +1.2% |
| Contributions | 10/11 | €195,900 | €195,900 | = | 0.0% |
| Capital | 10 | €195,900 | €195,900 | = | 0.0% |
| Issued capital | 100 | €195,900 | €195,900 | = | 0.0% |
| Reserves | 13 | €800,631 | €861,427 | +€60,796 | +7.6% |
| Non-distributable reserves | 130/1 | €19,590 | €19,590 | = | 0.0% |
| Legal reserve | 130 | €19,590 | €19,590 | = | 0.0% |
| Distributable reserves | 133 | €781,041 | €841,837 | +€60,796 | +7.8% |
| Profit (loss) carried forward | 14 | €4,138,666 | €4,138,666 | = | 0.0% |
| Amounts payable | 17/49 | €2,459 | €3,741 | +€1,282 | +52.1% |
| Amounts payable within one year | 42/48 | €2,459 | €1,839 | -€620 | -25.2% |
| Trade debts | 44 | €2,459 | €1,839 | -€620 | -25.2% |
| Suppliers | 440/4 | €2,459 | €1,839 | -€620 | -25.2% |
| Accrued charges and deferred income | 492/3 | - | €1,902 | +€1,902 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,751 | €20,987 | +€3,236 | +18.2% |
| Other operating charges | 640/8 | €3,736 | €4,306 | +€571 | +15.3% |
| Gross operating margin | 9900 | €15,816 | €16,201 | +€384 | +2.4% |
| Operating profit (loss) | 9901 | -€5,670 | -€9,092 | -€3,422 | -60.4% |
| Financial income | 75/76B | €84,047 | €143,621 | +€59,575 | +70.9% |
| Recurring financial income | 75 | €84,047 | €143,621 | +€59,575 | +70.9% |
| Financial charges | 65/66B | €24,246 | €65,094 | +€40,848 | +168% |
| Recurring financial charges | 65 | €24,246 | €65,094 | +€40,848 | +168% |
| Profit (loss) for the period before taxes | 9903 | €54,131 | €69,435 | +€15,304 | +28.3% |
| Income taxes | 67/77 | €11,200 | €8,639 | -€2,561 | -22.9% |
| Profit (loss) for the period | 9904 | €42,931 | €60,796 | +€17,865 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,931 | €60,796 | +€17,865 | +41.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.