SYNDIC GORGUN: 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.
SYNDIC GORGUN
Largest movements
- Cash +€54,230
up €54,230 (+160%), from €33,864 to €88,095
mainly Net result for the year (+€74,745) and Depreciation (+€6,572)
- Financial fixed assets +€14,000
up €14,000 (+23,333%), from €60 to €14,060
- Receivables within one year +€7,886
up €7,886 (+2,661%), from €296 to €8,182
of which Other amounts receivable: +€8,000
- Tangible fixed assets -€6,572
down €6,572 (-12.9%), from €50,760 to €44,188
of which Land and buildings: -€5,200
- Current investments +€4,041
new in 2025: €4,041
- Profit (loss) carried forward +€74,745
up €74,745 (+99.4%), from €75,231 to €149,977
- Trade debts -€1,605
down €1,605 (-92.4%), from €1,737 to €132
- Gross operating margin +€58,400
up €58,400 (+155%), from €37,612 to €96,012
- Taxes -€1,158
down €1,158 (-13.1%), from €8,864 to €7,706
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 | €84,981 | €158,565 | +€73,584 | +86.6% |
| Fixed assets | 21/28 | €50,820 | €58,248 | +€7,428 | +14.6% |
| Tangible fixed assets | 22/27 | €50,760 | €44,188 | -€6,572 | -12.9% |
| Land and buildings | 22 | €47,558 | €42,359 | -€5,200 | -10.9% |
| Furniture and vehicles | 24 | €3,202 | €1,830 | -€1,373 | -42.9% |
| Financial fixed assets | 28 | €60 | €14,060 | +€14,000 | +23,333% |
| Current assets | 29/58 | €34,161 | €100,317 | +€66,156 | +194% |
| Amounts receivable within one year | 40/41 | €296 | €8,182 | +€7,886 | +2,661% |
| Trade receivables | 40 | €296 | €182 | -€114 | -38.6% |
| Other amounts receivable | 41 | - | €8,000 | +€8,000 | |
| Current investments | 50/53 | - | €4,041 | +€4,041 | |
| Cash at bank and in hand | 54/58 | €33,864 | €88,095 | +€54,230 | +160% |
| Total equity and liabilities | 10/49 | €84,981 | €158,565 | +€73,584 | +86.6% |
| Equity | 10/15 | €81,431 | €156,177 | +€74,745 | +91.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,231 | €149,977 | +€74,745 | +99.4% |
| Amounts payable | 17/49 | €3,550 | €2,389 | -€1,161 | -32.7% |
| Amounts payable within one year | 42/48 | €3,550 | €2,389 | -€1,161 | -32.7% |
| Trade debts | 44 | €1,737 | €132 | -€1,605 | -92.4% |
| Suppliers | 440/4 | €1,737 | €132 | -€1,605 | -92.4% |
| Taxes, remuneration and social security | 45 | €60 | €0 | -€60 | -99.9% |
| Remuneration and social security | 454/9 | €60 | €0 | -€60 | -99.9% |
| Other amounts payable | 47/48 | €1,752 | €2,257 | +€504 | +28.8% |
| Remuneration, social security and pensions | 62 | €2,240 | €2,720 | +€480 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,925 | €6,572 | +€647 | +10.9% |
| Other operating charges | 640/8 | €4,008 | €3,815 | -€194 | -4.8% |
| Gross operating margin | 9900 | €37,612 | €96,012 | +€58,400 | +155% |
| Operating profit (loss) | 9901 | €25,439 | €82,905 | +€57,466 | +226% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,370 | €453 | -€917 | -66.9% |
| Recurring financial charges | 65 | €88 | €453 | +€366 | +417% |
| Non-recurring financial charges | 66B | €1,283 | - | -€1,283 | |
| Profit (loss) for the period before taxes | 9903 | €24,069 | €82,452 | +€58,382 | +243% |
| Income taxes | 67/77 | €8,864 | €7,706 | -€1,158 | -13.1% |
| Profit (loss) for the period | 9904 | €15,205 | €74,745 | +€59,540 | +392% |
| Profit (loss) for the period to be appropriated | 9905 | €15,205 | €74,745 | +€59,540 | +392% |
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 31 October 2026 via checked.be.