GOWY: 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.
GOWY
Largest movements
- Tangible fixed assets -€208
down €208 (-100.0%), from €208 to €0
- Cash -€32
down €32 (-70.3%), from €46 to €14
mainly Trade debts (-€3,187) and Tax, wage and social debts (-€2,326)
- Other debts +€4,402
up €4,402 (+47.1%), from €9,341 to €13,743
- Trade debts -€3,187
down €3,187 (-67.9%), from €4,693 to €1,506
- Tax, wage and social debts -€2,326
down €2,326 (-47.9%), from €4,856 to €2,530
- Profit (loss) carried forward +€871
up €871 (+2.3%), from -€38,418 to -€37,547
- Gross operating margin +€2,426
up €2,426, from -€1,347 to €1,079
- Other operating charges -€528
down €528 (-100.0%), from €528 to €0
- Financial charges -€105
down €105 (-100.0%), from €105 to €0
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 | €933 | €693 | -€240 | -25.7% |
| Fixed assets | 21/28 | €208 | €0 | -€208 | -100.0% |
| Tangible fixed assets | 22/27 | €208 | €0 | -€208 | -100.0% |
| Furniture and vehicles | 24 | €208 | €0 | -€208 | -100.0% |
| Current assets | 29/58 | €725 | €693 | -€32 | -4.4% |
| Amounts receivable within one year | 40/41 | €679 | €679 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €679 | €679 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €46 | €14 | -€32 | -70.3% |
| Total equity and liabilities | 10/49 | €933 | €693 | -€240 | -25.7% |
| Equity | 10/15 | -€17,958 | -€17,087 | +€871 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€38,418 | -€37,547 | +€871 | +2.3% |
| Amounts payable | 17/49 | €18,890 | €17,779 | -€1,111 | -5.9% |
| Amounts payable within one year | 42/48 | €18,890 | €17,779 | -€1,111 | -5.9% |
| Trade debts | 44 | €4,693 | €1,506 | -€3,187 | -67.9% |
| Suppliers | 440/4 | €4,693 | €1,506 | -€3,187 | -67.9% |
| Taxes, remuneration and social security | 45 | €4,856 | €2,530 | -€2,326 | -47.9% |
| Taxes | 450/3 | €4,856 | €2,530 | -€2,326 | -47.9% |
| Other amounts payable | 47/48 | €9,341 | €13,743 | +€4,402 | +47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €208 | €208 | = | 0.0% |
| Other operating charges | 640/8 | €528 | €0 | -€528 | -100.0% |
| Gross operating margin | 9900 | -€1,347 | €1,079 | +€2,426 | |
| Operating profit (loss) | 9901 | -€2,083 | €871 | +€2,954 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €105 | €0 | -€105 | -100.0% |
| Recurring financial charges | 65 | €105 | €0 | -€105 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,188 | €871 | +€3,059 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€2,188 | €871 | +€3,059 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,188 | €871 | +€3,059 |
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 4 October 2026 via checked.be.