GOTTLAND: 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.
GOTTLAND
Largest movements
- Deferred charges and accrued income -€125,897
down €125,897 (-65.6%), from €191,951 to €66,054
- Current investments -€96,256
no longer reported in 2025 (was €96,256)
- Receivables within one year +€43,193
up €43,193 (+23.4%), from €184,565 to €227,758
of which Trade receivables: +€51,855
- Advances received -€165,876
no longer reported in 2025 (was €165,876)
- Reserves +€40,820
up €40,820 (+14.9%), from €274,722 to €315,542
- Other debts -€24,730
down €24,730 (-15.3%), from €162,126 to €137,396
- Trade debts +€24,446
up €24,446 (+19.9%), from €122,649 to €147,094
- Current portion of long-term debt -€20,000
no longer reported in 2025 (was €20,000)
- Gross operating margin +€104,490
up €104,490, from -€592 to €103,898
- Financial charges +€43,462
up €43,462 (+2458.8%), from €1,768 to €45,230
- Taxes +€23,568
up €23,568 (+1079.8%), from €2,183 to €25,751
- Financial income +€1,645
up €1,645 (+16.2%), from €10,159 to €11,804
- Depreciation +€1,293
up €1,293 (+766.3%), from €169 to €1,462
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 | €785,667 | €618,647 | -€167,020 | -21.3% |
| Fixed assets | 21/28 | €1,071 | €6,892 | +€5,820 | +543.3% |
| Intangible fixed assets | 21 | €1,071 | €823 | -€248 | -23.2% |
| Tangible fixed assets | 22/27 | - | €6,068 | +€6,068 | |
| Furniture and vehicles | 24 | - | €6,068 | +€6,068 | |
| Current assets | 29/58 | €784,595 | €611,755 | -€172,840 | -22.0% |
| Amounts receivable within one year | 40/41 | €184,565 | €227,758 | +€43,193 | +23.4% |
| Trade receivables | 40 | €132,105 | €183,959 | +€51,855 | +39.3% |
| Other amounts receivable | 41 | €52,461 | €43,799 | -€8,661 | -16.5% |
| Current investments | 50/53 | €96,256 | - | -€96,256 | |
| Cash at bank and in hand | 54/58 | €311,824 | €317,943 | +€6,119 | +2.0% |
| Deferred charges and accrued income | 490/1 | €191,951 | €66,054 | -€125,897 | -65.6% |
| Total equity and liabilities | 10/49 | €785,667 | €618,647 | -€167,020 | -21.3% |
| Equity | 10/15 | €293,322 | €334,142 | +€40,820 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €274,722 | €315,542 | +€40,820 | +14.9% |
| Distributable reserves | 133 | €274,722 | €315,542 | +€40,820 | +14.9% |
| Amounts payable | 17/49 | €492,344 | €284,505 | -€207,839 | -42.2% |
| Amounts payable within one year | 42/48 | €473,750 | €284,505 | -€189,244 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | - | -€20,000 | |
| Trade debts | 44 | €122,649 | €147,094 | +€24,446 | +19.9% |
| Suppliers | 440/4 | €122,649 | €147,094 | +€24,446 | +19.9% |
| Advances received on contracts in progress | 46 | €165,876 | - | -€165,876 | |
| Taxes, remuneration and social security | 45 | €3,099 | €15 | -€3,084 | -99.5% |
| Taxes | 450/3 | €3,099 | €15 | -€3,084 | -99.5% |
| Other amounts payable | 47/48 | €162,126 | €137,396 | -€24,730 | -15.3% |
| Accrued charges and deferred income | 492/3 | €18,595 | - | -€18,595 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169 | €1,462 | +€1,293 | +766.3% |
| Other operating charges | 640/8 | €1,739 | €1,874 | +€136 | +7.8% |
| Non-recurring operating charges | 66A | - | €566 | +€566 | |
| Gross operating margin | 9900 | -€592 | €103,898 | +€104,490 | |
| Operating profit (loss) | 9901 | -€2,499 | €99,997 | +€102,496 | |
| Financial income | 75/76B | €10,159 | €11,804 | +€1,645 | +16.2% |
| Recurring financial income | 75 | €10,159 | €11,804 | +€1,645 | +16.2% |
| Financial charges | 65/66B | €1,768 | €45,230 | +€43,462 | +2458.8% |
| Recurring financial charges | 65 | €1,768 | €45,230 | +€43,462 | +2458.8% |
| Profit (loss) for the period before taxes | 9903 | €5,892 | €66,571 | +€60,678 | +1029.8% |
| Income taxes | 67/77 | €2,183 | €25,751 | +€23,568 | +1079.8% |
| Profit (loss) for the period | 9904 | €3,710 | €40,820 | +€37,110 | +1000.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,710 | €40,820 | +€37,110 | +1000.4% |
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 10 October 2026 via checked.be.