Annabel Goossens: what changed
Annabel Goossens
Largest movements
- Receivables within one year +€132,375
up €132,375 (+86.9%), from €152,340 to €284,715
of which Other amounts receivable: +€132,375
- Tangible fixed assets +€91,126
up €91,126 (+134%), from €67,939 to €159,066
of which Furniture and vehicles: +€96,622
- Cash -€40,295
down €40,295 (-98.7%), from €40,832 to €538
mainly Receivables within one year (-€132,375) and Investment in fixed assets (net) (-€119,670)
- Reserves +€103,236
up €103,236 (+27.8%), from €371,217 to €474,453
- Debts after one year +€60,147
up €60,147 (+101%), from €59,432 to €119,578
- Current portion of long-term debt +€19,267
up €19,267 (+191%), from €10,108 to €29,375
- Gross operating margin +€38,456
up €38,456 (+30.4%), from €126,708 to €165,164
- Depreciation +€22,826
up €22,826 (+399%), from €5,717 to €28,543
- Taxes +€6,712
up €6,712 (+17.8%), from €37,630 to €44,342
- Financial income +€3,381
up €3,381 (+25.4%), from €13,328 to €16,709
- Financial charges +€2,509
up €2,509 (+164%), from €1,529 to €4,038
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 | €475,983 | €665,730 | +€189,747 | +39.9% |
| Fixed assets | 21/28 | €67,939 | €159,066 | +€91,126 | +134% |
| Tangible fixed assets | 22/27 | €67,939 | €159,066 | +€91,126 | +134% |
| Plant, machinery and equipment | 23 | €1,479 | €1,675 | +€196 | +13.3% |
| Furniture and vehicles | 24 | - | €96,622 | +€96,622 | |
| Other tangible fixed assets | 26 | €66,460 | €60,768 | -€5,692 | -8.6% |
| Current assets | 29/58 | €408,044 | €506,665 | +€98,621 | +24.2% |
| Amounts receivable after more than one year | 29 | €209,783 | €216,099 | +€6,316 | +3.0% |
| Other amounts receivable | 291 | €209,783 | €216,099 | +€6,316 | +3.0% |
| Amounts receivable within one year | 40/41 | €152,340 | €284,715 | +€132,375 | +86.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €152,340 | €284,715 | +€132,375 | +86.9% |
| Cash at bank and in hand | 54/58 | €40,832 | €538 | -€40,295 | -98.7% |
| Deferred charges and accrued income | 490/1 | €5,088 | €5,313 | +€225 | +4.4% |
| Total equity and liabilities | 10/49 | €475,983 | €665,730 | +€189,747 | +39.9% |
| Equity | 10/15 | €383,617 | €486,853 | +€103,236 | +26.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €371,217 | €474,453 | +€103,236 | +27.8% |
| Distributable reserves | 133 | €371,217 | €474,453 | +€103,236 | +27.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,366 | €178,877 | +€86,512 | +93.7% |
| Amounts payable after more than one year | 17 | €59,432 | €119,578 | +€60,147 | +101% |
| Financial debts | 170/4 | €59,432 | €119,578 | +€60,147 | +101% |
| Amounts payable within one year | 42/48 | €32,934 | €59,299 | +€26,365 | +80.1% |
| Current portion of amounts payable after more than one year | 42 | €10,108 | €29,375 | +€19,267 | +191% |
| Financial debts | 43 | €0 | €5,433 | +€5,433 | |
| Credit institutions | 430/8 | €0 | €5,433 | +€5,433 | |
| Trade debts | 44 | €5,206 | €6,074 | +€868 | +16.7% |
| Suppliers | 440/4 | €5,206 | €6,074 | +€868 | +16.7% |
| Taxes, remuneration and social security | 45 | €17,621 | €18,418 | +€797 | +4.5% |
| Taxes | 450/3 | €17,621 | €14,342 | -€3,278 | -18.6% |
| Remuneration and social security | 454/9 | €0 | €4,076 | +€4,076 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,386 | €0 | -€3,386 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,717 | €28,543 | +€22,826 | +399% |
| Other operating charges | 640/8 | €258 | €1,713 | +€1,455 | +563% |
| Gross operating margin | 9900 | €126,708 | €165,164 | +€38,456 | +30.4% |
| Operating profit (loss) | 9901 | €120,732 | €134,907 | +€14,175 | +11.7% |
| Financial income | 75/76B | €13,328 | €16,709 | +€3,381 | +25.4% |
| Recurring financial income | 75 | €13,328 | €16,709 | +€3,381 | +25.4% |
| Financial charges | 65/66B | €1,529 | €4,038 | +€2,509 | +164% |
| Recurring financial charges | 65 | €1,529 | €4,038 | +€2,509 | +164% |
| Profit (loss) for the period before taxes | 9903 | €132,531 | €147,578 | +€15,047 | +11.4% |
| Income taxes | 67/77 | €37,630 | €44,342 | +€6,712 | +17.8% |
| Profit (loss) for the period | 9904 | €94,901 | €103,236 | +€8,335 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €94,901 | €103,236 | +€8,335 | +8.8% |
Next steps
Calculation and sources
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 4 November 2026 via checked.be.