GTO Tailor Made: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
GTO Tailor Made
Largest movements
- Receivables within one year +€7,710
up €7,710 (+44.1%), from €17,469 to €25,179
of which Other amounts receivable: +€18,000
- Cash +€6,189
up €6,189 (+88.7%), from €6,980 to €13,169
mainly Net result for the year (+€41,575) and Trade debts (+€2,309)
- Reserves +€41,575
up €41,575 (+78.4%), from €53,002 to €94,577
- Debts after one year -€28,160
down €28,160 (-21.9%), from €128,537 to €100,376
- Tax, wage and social debts -€2,966
down €2,966 (-9.3%), from €31,977 to €29,011
of which Taxes: -€5,502
- Gross operating margin +€13,860
up €13,860 (+28.4%), from €48,888 to €62,748
- Financial income +€7,002
up €7,002 (+4,667,680%), from €0 to €7,002
- Taxes +€5,215
up €5,215 (+35.9%), from €14,509 to €19,725
- Financial charges -€1,307
down €1,307 (-14.4%), from €9,061 to €7,754
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €255,894 | €269,840 | +€13,946 | +5.4% |
| Fixed assets | 21/28 | €230,091 | €230,091 | = | 0.0% |
| Financial fixed assets | 28 | €230,091 | €230,091 | = | 0.0% |
| Current assets | 29/58 | €25,803 | €39,749 | +€13,946 | +54.0% |
| Amounts receivable within one year | 40/41 | €17,469 | €25,179 | +€7,710 | +44.1% |
| Trade receivables | 40 | €12,469 | €2,179 | -€10,290 | -82.5% |
| Other amounts receivable | 41 | €5,000 | €23,000 | +€18,000 | +360% |
| Cash at bank and in hand | 54/58 | €6,980 | €13,169 | +€6,189 | +88.7% |
| Deferred charges and accrued income | 490/1 | €1,354 | €1,401 | +€47 | +3.5% |
| Total equity and liabilities | 10/49 | €255,894 | €269,840 | +€13,946 | +5.4% |
| Equity | 10/15 | €63,002 | €104,577 | +€41,575 | +66.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €53,002 | €94,577 | +€41,575 | +78.4% |
| Distributable reserves | 133 | €53,002 | €94,577 | +€41,575 | +78.4% |
| Amounts payable | 17/49 | €192,892 | €165,263 | -€27,629 | -14.3% |
| Amounts payable after more than one year | 17 | €128,537 | €100,376 | -€28,160 | -21.9% |
| Financial debts | 170/4 | €128,537 | €100,376 | -€28,160 | -21.9% |
| Amounts payable within one year | 42/48 | €64,356 | €64,887 | +€531 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €26,972 | €28,160 | +€1,188 | +4.4% |
| Financial debts | 43 | €3,762 | €3,762 | +€0 | 0.0% |
| Other loans | 439 | €3,762 | €3,762 | +€0 | 0.0% |
| Trade debts | 44 | €1,628 | €3,937 | +€2,309 | +142% |
| Suppliers | 440/4 | €1,628 | €3,937 | +€2,309 | +142% |
| Taxes, remuneration and social security | 45 | €31,977 | €29,011 | -€2,966 | -9.3% |
| Taxes | 450/3 | €31,977 | €26,475 | -€5,502 | -17.2% |
| Remuneration and social security | 454/9 | - | €2,536 | +€2,536 | |
| Other amounts payable | 47/48 | €17 | €17 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81 | - | -€81 | |
| Other operating charges | 640/8 | €1,153 | €696 | -€457 | -39.6% |
| Gross operating margin | 9900 | €48,888 | €62,748 | +€13,860 | +28.4% |
| Operating profit (loss) | 9901 | €47,654 | €62,052 | +€14,398 | +30.2% |
| Financial income | 75/76B | €0 | €7,002 | +€7,002 | +4,667,680% |
| Recurring financial income | 75 | €0 | €7,002 | +€7,002 | +4,667,680% |
| Financial charges | 65/66B | €9,061 | €7,754 | -€1,307 | -14.4% |
| Recurring financial charges | 65 | €9,061 | €7,754 | -€1,307 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €38,593 | €61,299 | +€22,706 | +58.8% |
| Income taxes | 67/77 | €14,509 | €19,725 | +€5,215 | +35.9% |
| Profit (loss) for the period | 9904 | €24,084 | €41,575 | +€17,491 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,084 | €41,575 | +€17,491 | +72.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.