LA GOUTTE: 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.
LA GOUTTE
Largest movements
- Tangible fixed assets -€42,361
down €42,361 (-6.6%), from €645,513 to €603,152
- Receivables within one year -€32,433
down €32,433 (-93.8%), from €34,577 to €2,144
of which Trade receivables: -€32,417
- Cash +€23,369
up €23,369 (+31.3%), from €74,699 to €98,068
mainly Depreciation (+€85,325) and Net result for the year (+€50,899)
- Other debts -€29,000
down €29,000 (-52.7%), from €55,000 to €26,000
- Reserves +€24,850
up €24,850 (+11.7%), from €212,160 to €237,010
- Trade debts -€20,435
down €20,435 (-52.9%), from €38,630 to €18,195
- Debts after one year -€18,971
down €18,971 (-14.8%), from €128,279 to €109,307
- Current portion of long-term debt -€8,908
down €8,908 (-3.8%), from €233,163 to €224,255
- Staff costs +€31,681
up €31,681 (+13.6%), from €232,316 to €263,996
- Gross operating margin +€18,966
up €18,966 (+4.4%), from €432,766 to €451,732
- Depreciation -€11,207
down €11,207 (-11.6%), from €96,531 to €85,325
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 | €777,481 | €728,755 | -€48,726 | -6.3% |
| Fixed assets | 21/28 | €645,513 | €603,152 | -€42,361 | -6.6% |
| Tangible fixed assets | 22/27 | €645,513 | €603,152 | -€42,361 | -6.6% |
| Land and buildings | 22 | €187,288 | €177,684 | -€9,604 | -5.1% |
| Plant, machinery and equipment | 23 | €404,273 | €384,364 | -€19,910 | -4.9% |
| Furniture and vehicles | 24 | €53,952 | €41,105 | -€12,847 | -23.8% |
| Current assets | 29/58 | €131,968 | €125,603 | -€6,365 | -4.8% |
| Stocks and contracts in progress | 3 | €21,676 | €22,971 | +€1,295 | +6.0% |
| Stocks | 30/36 | €21,676 | €22,971 | +€1,295 | +6.0% |
| Amounts receivable within one year | 40/41 | €34,577 | €2,144 | -€32,433 | -93.8% |
| Trade receivables | 40 | €34,561 | €2,144 | -€32,417 | -93.8% |
| Other amounts receivable | 41 | €16 | €0 | -€16 | -100% |
| Cash at bank and in hand | 54/58 | €74,699 | €98,068 | +€23,369 | +31.3% |
| Deferred charges and accrued income | 490/1 | €1,016 | €2,420 | +€1,403 | +138% |
| Total equity and liabilities | 10/49 | €777,481 | €728,755 | -€48,726 | -6.3% |
| Equity | 10/15 | €251,553 | €276,452 | +€24,899 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,160 | €237,010 | +€24,850 | +11.7% |
| Distributable reserves | 133 | €212,160 | €237,010 | +€24,850 | +11.7% |
| Profit (loss) carried forward | 14 | €20,793 | €20,842 | +€49 | +0.2% |
| Amounts payable | 17/49 | €525,928 | €452,303 | -€73,625 | -14.0% |
| Amounts payable after more than one year | 17 | €128,279 | €109,307 | -€18,971 | -14.8% |
| Financial debts | 170/4 | €128,279 | €109,307 | -€18,971 | -14.8% |
| Amounts payable within one year | 42/48 | €384,559 | €326,796 | -€57,764 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €233,163 | €224,255 | -€8,908 | -3.8% |
| Trade debts | 44 | €38,630 | €18,195 | -€20,435 | -52.9% |
| Suppliers | 440/4 | €38,630 | €18,195 | -€20,435 | -52.9% |
| Advances received on contracts in progress | 46 | €4,400 | €6,050 | +€1,650 | +37.5% |
| Taxes, remuneration and social security | 45 | €53,367 | €52,296 | -€1,071 | -2.0% |
| Taxes | 450/3 | €23,852 | €18,900 | -€4,952 | -20.8% |
| Remuneration and social security | 454/9 | €29,515 | €33,396 | +€3,881 | +13.1% |
| Other amounts payable | 47/48 | €55,000 | €26,000 | -€29,000 | -52.7% |
| Accrued charges and deferred income | 492/3 | €13,090 | €16,200 | +€3,110 | +23.8% |
| Non-recurring operating income | 76A | €1,170 | €2,268 | +€1,098 | +93.8% |
| Remuneration, social security and pensions | 62 | €232,316 | €263,996 | +€31,681 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,531 | €85,325 | -€11,207 | -11.6% |
| Other operating charges | 640/8 | €8,325 | €8,426 | +€102 | +1.2% |
| Non-recurring operating charges | 66A | €4,919 | €0 | -€4,919 | -100% |
| Gross operating margin | 9900 | €432,766 | €451,732 | +€18,966 | +4.4% |
| Operating profit (loss) | 9901 | €90,675 | €93,984 | +€3,309 | +3.6% |
| Financial income | 75/76B | €887 | €750 | -€137 | -15.4% |
| Recurring financial income | 75 | €887 | €750 | -€137 | -15.4% |
| Financial charges | 65/66B | €20,974 | €23,044 | +€2,070 | +9.9% |
| Recurring financial charges | 65 | €20,974 | €23,044 | +€2,070 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €70,588 | €71,690 | +€1,102 | +1.6% |
| Income taxes | 67/77 | €24,058 | €20,791 | -€3,267 | -13.6% |
| Profit (loss) for the period | 9904 | €46,530 | €50,899 | +€4,369 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,530 | €50,899 | +€4,369 | +9.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.