GOSTAR HOLDING: 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.
GOSTAR HOLDING
Largest movements
- Receivables within one year -€25,499
down €25,499 (-71.3%), from €35,781 to €10,282
of which Trade receivables: -€25,499
- Tangible fixed assets -€15,769
down €15,769 (-3.3%), from €479,987 to €464,218
of which Land and buildings: -€15,430
- Debts after one year -€61,169
down €61,169 (-18.9%), from €323,092 to €261,923
of which Other amounts payable: -€40,000
- Other debts +€30,016
up €30,016 (+290%), from €10,346 to €40,363
- Trade debts -€11,182
down €11,182 (-79.9%), from €13,990 to €2,809
- Gross operating margin +€12,964
up €12,964 (+65.6%), from €19,768 to €32,731
- Financial charges -€1,965
down €1,965 (-25.2%), from €7,795 to €5,831
- Other operating charges -€1,131
down €1,131 (-32.7%), from €3,456 to €2,325
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 | €1,012,682 | €978,260 | -€34,422 | -3.4% |
| Fixed assets | 21/28 | €975,987 | €960,218 | -€15,769 | -1.6% |
| Tangible fixed assets | 22/27 | €479,987 | €464,218 | -€15,769 | -3.3% |
| Land and buildings | 22 | €477,273 | €461,843 | -€15,430 | -3.2% |
| Plant, machinery and equipment | 23 | €2,715 | €2,375 | -€339 | -12.5% |
| Financial fixed assets | 28 | €496,000 | €496,000 | = | 0.0% |
| Current assets | 29/58 | €36,694 | €18,042 | -€18,653 | -50.8% |
| Amounts receivable within one year | 40/41 | €35,781 | €10,282 | -€25,499 | -71.3% |
| Trade receivables | 40 | €35,771 | €10,272 | -€25,499 | -71.3% |
| Other amounts receivable | 41 | €10 | €10 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €913 | €7,162 | +€6,249 | +684% |
| Deferred charges and accrued income | 490/1 | - | €598 | +€598 | |
| Total equity and liabilities | 10/49 | €1,012,682 | €978,260 | -€34,422 | -3.4% |
| Equity | 10/15 | €637,015 | €646,107 | +€9,092 | +1.4% |
| Contributions | 10/11 | €439,000 | €439,000 | = | 0.0% |
| Reserves | 13 | €239,855 | €239,855 | = | 0.0% |
| Distributable reserves | 133 | €239,855 | €239,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,840 | -€32,748 | +€9,092 | +21.7% |
| Amounts payable | 17/49 | €375,666 | €332,152 | -€43,514 | -11.6% |
| Amounts payable after more than one year | 17 | €323,092 | €261,923 | -€61,169 | -18.9% |
| Financial debts | 170/4 | €242,806 | €221,637 | -€21,169 | -8.7% |
| Other amounts payable | 178/9 | €80,286 | €40,286 | -€40,000 | -49.8% |
| Amounts payable within one year | 42/48 | €52,574 | €70,229 | +€17,655 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €19,051 | €20,273 | +€1,222 | +6.4% |
| Trade debts | 44 | €13,990 | €2,809 | -€11,182 | -79.9% |
| Suppliers | 440/4 | €13,990 | €2,809 | -€11,182 | -79.9% |
| Taxes, remuneration and social security | 45 | €9,187 | €6,785 | -€2,402 | -26.1% |
| Taxes | 450/3 | €9,187 | €6,785 | -€2,402 | -26.1% |
| Other amounts payable | 47/48 | €10,346 | €40,363 | +€30,016 | +290% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,602 | €15,434 | -€168 | -1.1% |
| Other operating charges | 640/8 | €3,456 | €2,325 | -€1,131 | -32.7% |
| Gross operating margin | 9900 | €19,768 | €32,731 | +€12,964 | +65.6% |
| Operating profit (loss) | 9901 | €710 | €14,972 | +€14,263 | +2,010% |
| Financial income | 75/76B | €4 | €134 | +€129 | +3,164% |
| Recurring financial income | 75 | €4 | €134 | +€129 | +3,164% |
| Financial charges | 65/66B | €7,795 | €5,831 | -€1,965 | -25.2% |
| Recurring financial charges | 65 | €7,795 | €5,831 | -€1,965 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,082 | €9,275 | +€16,357 | |
| Income taxes | 67/77 | €216 | €183 | -€33 | -15.4% |
| Profit (loss) for the period | 9904 | -€7,298 | €9,092 | +€16,390 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,298 | €9,092 | +€16,390 |
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 31 October 2026 via checked.be.