SID Paul GOSSET: 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.
SID Paul GOSSET
Largest movements
- Tangible fixed assets +€26,405
up €26,405 (+105.3%), from €25,073 to €51,478
of which Furniture and vehicles: +€28,284
- Receivables after one year -€9,800
down €9,800 (-12.6%), from €77,800 to €68,000
- Deferred charges and accrued income -€4,665
down €4,665 (-87.7%), from €5,322 to €657
- Receivables within one year +€3,276
up €3,276 (+3.5%), from €93,085 to €96,361
of which Trade receivables: +€5,612
- Debts after one year +€24,711
up €24,711 (+473.5%), from €5,219 to €29,930
- Reserves +€13,500
up €13,500 (+42.4%), from €31,860 to €45,360
- Tax, wage and social debts -€12,884
no longer reported in 2025 (was €12,884)
- Current portion of long-term debt -€6,798
down €6,798 (-33.5%), from €20,284 to €13,486
- Trade debts -€4,274
down €4,274 (-7.2%), from €59,037 to €54,763
- Gross operating margin +€16,676
up €16,676 (+57.0%), from €29,257 to €45,933
- Staff costs +€9,333
up €9,333 (+504.5%), from €1,850 to €11,183
- Taxes +€1,998
up €1,998 (+44.6%), from €4,481 to €6,479
- Depreciation -€1,714
down €1,714 (-14.5%), from €11,819 to €10,106
- Other operating charges -€981
down €981 (-40.6%), from €2,414 to €1,433
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 | €222,701 | €237,445 | +€14,744 | +6.6% |
| Fixed assets | 21/28 | €26,866 | €51,478 | +€24,612 | +91.6% |
| Intangible fixed assets | 21 | €1,793 | - | -€1,793 | |
| Tangible fixed assets | 22/27 | €25,073 | €51,478 | +€26,405 | +105.3% |
| Land and buildings | 22 | €12,984 | €11,104 | -€1,880 | -14.5% |
| Furniture and vehicles | 24 | €12,089 | €40,373 | +€28,284 | +234.0% |
| Current assets | 29/58 | €195,835 | €185,967 | -€9,868 | -5.0% |
| Amounts receivable after more than one year | 29 | €77,800 | €68,000 | -€9,800 | -12.6% |
| Other amounts receivable | 291 | €77,800 | €68,000 | -€9,800 | -12.6% |
| Amounts receivable within one year | 40/41 | €93,085 | €96,361 | +€3,276 | +3.5% |
| Trade receivables | 40 | €81,868 | €87,481 | +€5,612 | +6.9% |
| Other amounts receivable | 41 | €11,216 | €8,880 | -€2,337 | -20.8% |
| Cash at bank and in hand | 54/58 | €19,628 | €20,950 | +€1,322 | +6.7% |
| Deferred charges and accrued income | 490/1 | €5,322 | €657 | -€4,665 | -87.7% |
| Total equity and liabilities | 10/49 | €222,701 | €237,445 | +€14,744 | +6.6% |
| Equity | 10/15 | €125,277 | €139,265 | +€13,988 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €45,360 | +€13,500 | +42.4% |
| Distributable reserves | 133 | €31,860 | €45,360 | +€13,500 | +42.4% |
| Profit (loss) carried forward | 14 | €74,817 | €75,305 | +€488 | +0.7% |
| Amounts payable | 17/49 | €97,424 | €98,180 | +€755 | +0.8% |
| Amounts payable after more than one year | 17 | €5,219 | €29,930 | +€24,711 | +473.5% |
| Financial debts | 170/4 | €5,219 | €29,930 | +€24,711 | +473.5% |
| Amounts payable within one year | 42/48 | €92,205 | €68,250 | -€23,956 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €20,284 | €13,486 | -€6,798 | -33.5% |
| Trade debts | 44 | €59,037 | €54,763 | -€4,274 | -7.2% |
| Suppliers | 440/4 | €59,037 | €54,763 | -€4,274 | -7.2% |
| Taxes, remuneration and social security | 45 | €12,884 | - | -€12,884 | |
| Taxes | 450/3 | €12,884 | - | -€12,884 | |
| Remuneration, social security and pensions | 62 | €1,850 | €11,183 | +€9,333 | +504.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,819 | €10,106 | -€1,714 | -14.5% |
| Other operating charges | 640/8 | €2,414 | €1,433 | -€981 | -40.6% |
| Non-recurring operating charges | 66A | - | €1,286 | +€1,286 | |
| Gross operating margin | 9900 | €29,257 | €45,933 | +€16,676 | +57.0% |
| Operating profit (loss) | 9901 | €13,175 | €21,926 | +€8,751 | +66.4% |
| Financial income | 75/76B | - | €240 | +€240 | |
| Recurring financial income | 75 | - | €240 | +€240 | |
| Financial charges | 65/66B | €866 | €1,699 | +€832 | +96.1% |
| Recurring financial charges | 65 | €866 | €1,699 | +€832 | +96.1% |
| Profit (loss) for the period before taxes | 9903 | €12,309 | €20,467 | +€8,159 | +66.3% |
| Income taxes | 67/77 | €4,481 | €6,479 | +€1,998 | +44.6% |
| Profit (loss) for the period | 9904 | €7,828 | €13,988 | +€6,161 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,828 | €13,988 | +€6,161 | +78.7% |
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 5 October 2026 via checked.be.