GOTALE: what changed
Two fiscal 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.
GOTALE
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+1636.6%), from €66,262 to €1.2m
of which Land and buildings: +€1.1m
- Cash +€48,153
up €48,153 (+11339.5%), from €425 to €48,578
mainly Debts after one year (+€858,550) and Other debts (+€143,228)
- Receivables within one year +€24,152
up €24,152 (+301.1%), from €8,020 to €32,173
of which Trade receivables: +€24,219
- Debts after one year +€858,550
new in 2025: €858,550
- Other debts +€143,228
up €143,228 (+321.1%), from €44,608 to €187,837
- Contributions +€100,000
up €100,000 (+89.0%), from €112,400 to €212,400
- Current portion of long-term debt +€46,200
new in 2025: €46,200
- Profit (loss) carried forward -€32,068
down €32,068 (-35.5%), from -€90,334 to -€122,402
- Financial charges +€18,311
up €18,311 (+7822.7%), from €234 to €18,545
- Depreciation +€13,272
up €13,272 (+124.8%), from €10,632 to €23,904
- Gross operating margin -€8,626
down €8,626 (-37.4%), from €23,079 to €14,452
- Taxes -€6,037
down €6,037 (-100.0%), from €6,037 to €0
- Other operating charges +€2,454
up €2,454 (+149.8%), from €1,638 to €4,092
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 | €82,660 | €1,231,449 | +€1.1m | +1389.8% |
| Fixed assets | 21/28 | €66,262 | €1,150,699 | +€1.1m | +1636.6% |
| Tangible fixed assets | 22/27 | €66,262 | €1,150,699 | +€1.1m | +1636.6% |
| Land and buildings | 22 | €2,357 | €1,088,474 | +€1.1m | +46078.9% |
| Plant, machinery and equipment | 23 | €26,864 | €0 | -€26,864 | -100.0% |
| Furniture and vehicles | 24 | - | €62,225 | +€62,225 | |
| Other tangible fixed assets | 26 | €37,041 | €0 | -€37,041 | -100.0% |
| Current assets | 29/58 | €16,399 | €80,750 | +€64,352 | +392.4% |
| Amounts receivable within one year | 40/41 | €8,020 | €32,173 | +€24,152 | +301.1% |
| Trade receivables | 40 | €7,280 | €31,498 | +€24,219 | +332.7% |
| Other amounts receivable | 41 | €740 | €674 | -€66 | -8.9% |
| Cash at bank and in hand | 54/58 | €425 | €48,578 | +€48,153 | +11339.5% |
| Deferred charges and accrued income | 490/1 | €7,954 | €0 | -€7,954 | -100.0% |
| Total equity and liabilities | 10/49 | €82,660 | €1,231,449 | +€1.1m | +1389.8% |
| Equity | 10/15 | €22,066 | €89,998 | +€67,932 | +307.9% |
| Contributions | 10/11 | €112,400 | €212,400 | +€100,000 | +89.0% |
| Profit (loss) carried forward | 14 | -€90,334 | -€122,402 | -€32,068 | -35.5% |
| Amounts payable | 17/49 | €60,594 | €1,141,451 | +€1.1m | +1783.8% |
| Amounts payable after more than one year | 17 | - | €858,550 | +€858,550 | |
| Financial debts | 170/4 | - | €858,550 | +€858,550 | |
| Amounts payable within one year | 42/48 | €60,594 | €254,922 | +€194,327 | +320.7% |
| Current portion of amounts payable after more than one year | 42 | - | €46,200 | +€46,200 | |
| Trade debts | 44 | €5,193 | €20,586 | +€15,393 | +296.4% |
| Suppliers | 440/4 | €5,193 | €20,586 | +€15,393 | +296.4% |
| Advances received on contracts in progress | 46 | €6,390 | €0 | -€6,390 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,404 | €299 | -€4,105 | -93.2% |
| Taxes | 450/3 | €4,404 | €299 | -€4,105 | -93.2% |
| Other amounts payable | 47/48 | €44,608 | €187,837 | +€143,228 | +321.1% |
| Accrued charges and deferred income | 492/3 | - | €27,979 | +€27,979 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,632 | €23,904 | +€13,272 | +124.8% |
| Other operating charges | 640/8 | €1,638 | €4,092 | +€2,454 | +149.8% |
| Non-recurring operating charges | 66A | €1,086 | €0 | -€1,086 | -100.0% |
| Gross operating margin | 9900 | €23,079 | €14,452 | -€8,626 | -37.4% |
| Operating profit (loss) | 9901 | €9,723 | -€13,544 | -€23,266 | |
| Financial income | 75/76B | €27 | €22 | -€5 | -19.1% |
| Recurring financial income | 75 | €27 | €22 | -€5 | -19.1% |
| Financial charges | 65/66B | €234 | €18,545 | +€18,311 | +7822.7% |
| Recurring financial charges | 65 | €234 | €18,545 | +€18,311 | +7822.7% |
| Profit (loss) for the period before taxes | 9903 | €9,515 | -€32,068 | -€41,583 | |
| Income taxes | 67/77 | €6,037 | €0 | -€6,037 | -100.0% |
| Profit (loss) for the period | 9904 | €3,478 | -€32,068 | -€35,546 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,478 | -€32,068 | -€35,546 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.