jérôme GOTTI: 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.
jérôme GOTTI
Largest movements
- Cash +€17,476
up €17,476 (+108%), from €16,156 to €33,632
mainly Net result for the year (+€38,608) and Current portion of long-term debt (+€2,361)
- Receivables within one year +€14,630
up €14,630 (+20.6%), from €71,009 to €85,639
of which Other amounts receivable: +€14,694
- Profit (loss) carried forward +€29,608
up €29,608 (+13.1%), from €226,750 to €256,358
- Gross operating margin +€5,244
up €5,244 (+12.0%), from €43,762 to €49,006
- Taxes +€943
up €943 (+10.8%), from €8,698 to €9,641
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 | €258,738 | €290,844 | +€32,106 | +12.4% |
| Fixed assets | 21/28 | €171,573 | €171,573 | = | 0.0% |
| Financial fixed assets | 28 | €171,573 | €171,573 | = | 0.0% |
| Current assets | 29/58 | €87,165 | €119,272 | +€32,106 | +36.8% |
| Amounts receivable within one year | 40/41 | €71,009 | €85,639 | +€14,630 | +20.6% |
| Trade receivables | 40 | €64 | - | -€64 | |
| Other amounts receivable | 41 | €70,945 | €85,639 | +€14,694 | +20.7% |
| Cash at bank and in hand | 54/58 | €16,156 | €33,632 | +€17,476 | +108% |
| Total equity and liabilities | 10/49 | €258,738 | €290,844 | +€32,106 | +12.4% |
| Equity | 10/15 | €251,978 | €281,586 | +€29,608 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,628 | €6,628 | = | 0.0% |
| Distributable reserves | 133 | €6,628 | €6,628 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,750 | €256,358 | +€29,608 | +13.1% |
| Amounts payable | 17/49 | €6,760 | €9,258 | +€2,498 | +37.0% |
| Amounts payable within one year | 42/48 | €6,760 | €9,258 | +€2,498 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,361 | +€2,361 | |
| Taxes, remuneration and social security | 45 | €6,608 | €6,815 | +€207 | +3.1% |
| Taxes | 450/3 | €6,608 | €6,815 | +€207 | +3.1% |
| Other amounts payable | 47/48 | €152 | €83 | -€70 | -45.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €43,762 | €49,006 | +€5,244 | +12.0% |
| Operating profit (loss) | 9901 | €43,375 | €48,606 | +€5,231 | +12.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €172 | €358 | +€185 | +108% |
| Recurring financial charges | 65 | €172 | €358 | +€185 | +108% |
| Profit (loss) for the period before taxes | 9903 | €43,204 | €48,249 | +€5,045 | +11.7% |
| Income taxes | 67/77 | €8,698 | €9,641 | +€943 | +10.8% |
| Profit (loss) for the period | 9904 | €34,506 | €38,608 | +€4,102 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,506 | €38,608 | +€4,102 | +11.9% |
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 15 October 2026 via checked.be.