GOZEN GROUP: 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.
GOZEN GROUP
Largest movements
- Receivables within one year +€133,489
up €133,489 (+471%), from €28,349 to €161,838
of which Trade receivables: +€114,240
- Tangible fixed assets +€37,410
new in 2025: €37,410
- Cash +€12,726
up €12,726 (+457%), from €2,787 to €15,513
mainly Net result for the year (+€114,296) and Tax, wage and social debts (+€30,107)
- Reserves +€123,913
new in 2025: €123,913
- Tax, wage and social debts +€30,107
up €30,107 (+1,252%), from €2,404 to €32,511
- Debts after one year +€27,832
new in 2025: €27,832
- Profit (loss) carried forward -€9,617
no longer reported in 2025 (was €9,617)
- Current portion of long-term debt +€9,509
new in 2025: €9,509
- Gross operating margin +€139,034
up €139,034 (+1,139%), from €12,206 to €151,240
- Taxes +€30,107
up €30,107 (+1,252%), from €2,404 to €32,511
- Depreciation +€2,672
new in 2025: €2,672
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 | €31,136 | €214,761 | +€183,625 | +590% |
| Fixed assets | 21/28 | - | €37,410 | +€37,410 | |
| Tangible fixed assets | 22/27 | - | €37,410 | +€37,410 | |
| Furniture and vehicles | 24 | - | €37,410 | +€37,410 | |
| Current assets | 29/58 | €31,136 | €177,351 | +€146,215 | +470% |
| Amounts receivable within one year | 40/41 | €28,349 | €161,838 | +€133,489 | +471% |
| Trade receivables | 40 | €5,000 | €119,240 | +€114,240 | +2,285% |
| Other amounts receivable | 41 | €23,349 | €42,598 | +€19,249 | +82.4% |
| Cash at bank and in hand | 54/58 | €2,787 | €15,513 | +€12,726 | +457% |
| Total equity and liabilities | 10/49 | €31,136 | €214,761 | +€183,625 | +590% |
| Equity | 10/15 | €14,617 | €128,913 | +€114,296 | +782% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €123,913 | +€123,913 | |
| Distributable reserves | 133 | - | €123,913 | +€123,913 | |
| Profit (loss) carried forward | 14 | €9,617 | - | -€9,617 | |
| Amounts payable | 17/49 | €16,519 | €85,848 | +€69,329 | +420% |
| Amounts payable after more than one year | 17 | - | €27,832 | +€27,832 | |
| Financial debts | 170/4 | - | €27,832 | +€27,832 | |
| Amounts payable within one year | 42/48 | €16,519 | €58,016 | +€41,497 | +251% |
| Current portion of amounts payable after more than one year | 42 | - | €9,509 | +€9,509 | |
| Trade debts | 44 | €14,115 | €15,996 | +€1,881 | +13.3% |
| Suppliers | 440/4 | €14,115 | €15,996 | +€1,881 | +13.3% |
| Taxes, remuneration and social security | 45 | €2,404 | €32,511 | +€30,107 | +1,252% |
| Taxes | 450/3 | €2,404 | €32,511 | +€30,107 | +1,252% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,672 | +€2,672 | |
| Other operating charges | 640/8 | €147 | €1,120 | +€973 | +662% |
| Gross operating margin | 9900 | €12,206 | €151,240 | +€139,034 | +1,139% |
| Operating profit (loss) | 9901 | €12,059 | €147,448 | +€135,390 | +1,123% |
| Financial charges | 65/66B | €38 | €641 | +€603 | +1,596% |
| Recurring financial charges | 65 | €38 | €641 | +€603 | +1,596% |
| Profit (loss) for the period before taxes | 9903 | €12,021 | €146,808 | +€134,787 | +1,121% |
| Income taxes | 67/77 | €2,404 | €32,511 | +€30,107 | +1,252% |
| Profit (loss) for the period | 9904 | €9,617 | €114,296 | +€104,679 | +1,089% |
| Profit (loss) for the period to be appropriated | 9905 | €9,617 | €114,296 | +€104,679 | +1,089% |
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 27 October 2026 via checked.be.