GOTCH: 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.
GOTCH
Largest movements
- Receivables within one year -€21,073
down €21,073 (-39.9%), from €52,843 to €31,770
of which Trade receivables: -€24,556
- Tangible fixed assets -€2,469
down €2,469 (-39.0%), from €6,338 to €3,869
of which Furniture and vehicles: -€2,462
- Trade debts -€22,822
down €22,822 (-90.4%), from €25,236 to €2,415
- Profit (loss) carried forward +€9,636
up €9,636 (+127.1%), from €7,582 to €17,218
- Other debts -€6,000
no longer reported in 2025 (was €6,000)
- Tax, wage and social debts -€3,110
down €3,110 (-28.7%), from €10,823 to €7,713
- Accrued charges and deferred income -€1,118
no longer reported in 2025 (was €1,118)
- Gross operating margin +€29,396
up €29,396, from -€16,207 to €13,189
- Financial income -€1,511
no longer reported in 2025 (was €1,511)
- Depreciation -€1,325
down €1,325 (-39.3%), from €3,370 to €2,046
- Other operating charges -€785
down €785 (-40.5%), from €1,940 to €1,155
- Taxes -€313
no longer reported in 2025 (was €313)
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 | €62,363 | €38,596 | -€23,767 | -38.1% |
| Fixed assets | 21/28 | €6,363 | €3,894 | -€2,469 | -38.8% |
| Tangible fixed assets | 22/27 | €6,338 | €3,869 | -€2,469 | -39.0% |
| Plant, machinery and equipment | 23 | €7 | - | -€7 | |
| Furniture and vehicles | 24 | €6,331 | €3,869 | -€2,462 | -38.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €56,000 | €34,702 | -€21,298 | -38.0% |
| Amounts receivable within one year | 40/41 | €52,843 | €31,770 | -€21,073 | -39.9% |
| Trade receivables | 40 | €25,149 | €593 | -€24,556 | -97.6% |
| Other amounts receivable | 41 | €27,694 | €31,177 | +€3,483 | +12.6% |
| Cash at bank and in hand | 54/58 | €2,937 | €2,932 | -€5 | -0.2% |
| Deferred charges and accrued income | 490/1 | €221 | - | -€221 | |
| Total equity and liabilities | 10/49 | €62,363 | €38,596 | -€23,767 | -38.1% |
| Equity | 10/15 | €18,832 | €28,468 | +€9,636 | +51.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,050 | €5,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,190 | €3,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,582 | €17,218 | +€9,636 | +127.1% |
| Amounts payable | 17/49 | €43,531 | €10,128 | -€33,403 | -76.7% |
| Amounts payable within one year | 42/48 | €42,414 | €10,128 | -€32,285 | -76.1% |
| Financial debts | 43 | €354 | - | -€354 | |
| Credit institutions | 430/8 | €354 | - | -€354 | |
| Trade debts | 44 | €25,236 | €2,415 | -€22,822 | -90.4% |
| Suppliers | 440/4 | €25,236 | €2,415 | -€22,822 | -90.4% |
| Taxes, remuneration and social security | 45 | €10,823 | €7,713 | -€3,110 | -28.7% |
| Taxes | 450/3 | €10,823 | €7,713 | -€3,110 | -28.7% |
| Other amounts payable | 47/48 | €6,000 | - | -€6,000 | |
| Accrued charges and deferred income | 492/3 | €1,118 | - | -€1,118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,370 | €2,046 | -€1,325 | -39.3% |
| Other operating charges | 640/8 | €1,940 | €1,155 | -€785 | -40.5% |
| Gross operating margin | 9900 | -€16,207 | €13,189 | +€29,396 | |
| Operating profit (loss) | 9901 | -€21,517 | €9,988 | +€31,506 | |
| Financial income | 75/76B | €1,511 | - | -€1,511 | |
| Recurring financial income | 75 | €1,511 | - | -€1,511 | |
| Financial charges | 65/66B | €405 | €353 | -€53 | -13.0% |
| Recurring financial charges | 65 | €405 | €353 | -€53 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,411 | €9,636 | +€30,047 | |
| Income taxes | 67/77 | €313 | - | -€313 | |
| Profit (loss) for the period | 9904 | -€20,724 | €9,636 | +€30,360 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,724 | €9,636 | +€30,360 |
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 6 October 2026 via checked.be.