GOSIAU: 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.
GOSIAU
Largest movements
- Receivables within one year -€112,025
down €112,025 (-86.1%), from €130,155 to €18,131
of which Trade receivables: -€117,075
- Tangible fixed assets -€36,318
down €36,318 (-2.7%), from €1.3m to €1.3m
of which Land and buildings: -€21,371
- Stocks and contracts +€22,867
up €22,867 (+21.5%), from €106,513 to €129,380
- Trade debts -€97,909
down €97,909 (-46.1%), from €212,274 to €114,365
- Debts after one year -€64,742
down €64,742 (-13.8%), from €469,582 to €404,840
- Current portion of long-term debt +€31,554
up €31,554 (+2,386%), from €1,322 to €32,876
- Other debts -€21,905
down €21,905 (-10.6%), from €206,352 to €184,446
- Accrued charges and deferred income +€17,638
new in 2024: €17,638
- Depreciation +€22,635
up €22,635 (+173%), from €13,102 to €35,736
- Other operating charges -€17,638
down €17,638 (-79.8%), from €22,103 to €4,465
- Gross operating margin -€7,916
down €7,916 (-10.6%), from €74,579 to €66,663
- Staff costs -€5,823
no longer reported in 2024 (was €5,823)
- Taxes -€3,563
down €3,563 (-55.8%), from €6,390 to €2,827
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,563,734 | €1,434,138 | -€129,596 | -8.3% |
| Fixed assets | 21/28 | €1,322,824 | €1,286,507 | -€36,318 | -2.7% |
| Tangible fixed assets | 22/27 | €1,322,824 | €1,286,507 | -€36,318 | -2.7% |
| Land and buildings | 22 | €1,291,145 | €1,269,774 | -€21,371 | -1.7% |
| Plant, machinery and equipment | 23 | €2,520 | €2,128 | -€392 | -15.5% |
| Furniture and vehicles | 24 | €24,799 | €14,604 | -€10,194 | -41.1% |
| Other tangible fixed assets | 26 | €4,361 | - | -€4,361 | |
| Current assets | 29/58 | €240,909 | €147,631 | -€93,279 | -38.7% |
| Stocks and contracts in progress | 3 | €106,513 | €129,380 | +€22,867 | +21.5% |
| Stocks | 30/36 | €106,513 | €129,380 | +€22,867 | +21.5% |
| Amounts receivable within one year | 40/41 | €130,155 | €18,131 | -€112,025 | -86.1% |
| Trade receivables | 40 | €128,405 | €11,331 | -€117,075 | -91.2% |
| Other amounts receivable | 41 | €1,750 | €6,800 | +€5,050 | +289% |
| Cash at bank and in hand | 54/58 | €443 | €121 | -€322 | -72.7% |
| Deferred charges and accrued income | 490/1 | €3,798 | - | -€3,798 | |
| Total equity and liabilities | 10/49 | €1,563,734 | €1,434,138 | -€129,596 | -8.3% |
| Equity | 10/15 | €637,358 | €638,439 | +€1,081 | +0.2% |
| Contributions | 10/11 | €500,500 | €500,500 | = | 0.0% |
| Capital | 10 | €500,500 | €500,500 | = | 0.0% |
| Issued capital | 100 | €500,500 | €500,500 | = | 0.0% |
| Revaluation surpluses | 12 | €100,870 | €100,870 | = | 0.0% |
| Reserves | 13 | €285 | €1,366 | +€1,081 | +379% |
| Non-distributable reserves | 130/1 | €285 | €1,366 | +€1,081 | +379% |
| Legal reserve | 130 | €285 | €1,366 | +€1,081 | +379% |
| Profit (loss) carried forward | 14 | €35,703 | €35,703 | = | 0.0% |
| Amounts payable | 17/49 | €926,375 | €795,699 | -€130,677 | -14.1% |
| Amounts payable after more than one year | 17 | €469,582 | €404,840 | -€64,742 | -13.8% |
| Financial debts | 170/4 | €469,582 | €404,840 | -€64,742 | -13.8% |
| Amounts payable within one year | 42/48 | €456,794 | €373,221 | -€83,573 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €1,322 | €32,876 | +€31,554 | +2,386% |
| Financial debts | 43 | - | €2 | +€2 | |
| Credit institutions | 430/8 | - | €2 | +€2 | |
| Trade debts | 44 | €212,274 | €114,365 | -€97,909 | -46.1% |
| Suppliers | 440/4 | €212,274 | €114,365 | -€97,909 | -46.1% |
| Taxes, remuneration and social security | 45 | €36,846 | €41,532 | +€4,686 | +12.7% |
| Taxes | 450/3 | €31,110 | €30,876 | -€234 | -0.8% |
| Remuneration and social security | 454/9 | €5,736 | €10,656 | +€4,920 | +85.8% |
| Other amounts payable | 47/48 | €206,352 | €184,446 | -€21,905 | -10.6% |
| Accrued charges and deferred income | 492/3 | - | €17,638 | +€17,638 | |
| Non-recurring operating income | 76A | - | €2,969 | +€2,969 | |
| Remuneration, social security and pensions | 62 | €5,823 | - | -€5,823 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,102 | €35,736 | +€22,635 | +173% |
| Other operating charges | 640/8 | €22,103 | €4,465 | -€17,638 | -79.8% |
| Gross operating margin | 9900 | €74,579 | €66,663 | -€7,916 | -10.6% |
| Operating profit (loss) | 9901 | €33,551 | €26,462 | -€7,089 | -21.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €21,452 | €22,554 | +€1,102 | +5.1% |
| Recurring financial charges | 65 | €21,452 | €22,554 | +€1,102 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €12,099 | €3,908 | -€8,191 | -67.7% |
| Income taxes | 67/77 | €6,390 | €2,827 | -€3,563 | -55.8% |
| Profit (loss) for the period | 9904 | €5,709 | €1,081 | -€4,629 | -81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,709 | €1,081 | -€4,629 | -81.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.