Ben Goossens: 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.
Ben Goossens
Largest movements
- Current investments +€49,823
up €49,823 (+123%), from €40,384 to €90,207
- Cash +€35,525
up €35,525 (+117%), from €30,465 to €65,990
mainly Net result for the year (+€59,418) and Tax, wage and social debts (+€19,757)
- Tangible fixed assets -€8,868
down €8,868 (-22.6%), from €39,286 to €30,418
of which Furniture and vehicles: -€7,784
- Deferred charges and accrued income +€4,189
new in 2025: €4,189
- Receivables within one year -€3,190
down €3,190 (-25.7%), from €12,407 to €9,217
of which Trade receivables: -€2,790
- Reserves +€57,752
up €57,752 (+73.0%), from €79,148 to €136,900
- Tax, wage and social debts +€19,757
up €19,757 (+136%), from €14,565 to €34,322
- Other debts -€7,993
down €7,993 (-51.6%), from €15,498 to €7,505
- Trade debts +€7,562
up €7,562 (+57.1%), from €13,232 to €20,794
- Gross operating margin +€36,789
up €36,789 (+70.0%), from €52,570 to €89,359
- Taxes +€6,074
up €6,074 (+42.7%), from €14,228 to €20,302
- Depreciation +€5,523
up €5,523 (+165%), from €3,345 to €8,868
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 | €122,543 | €200,021 | +€77,478 | +63.2% |
| Fixed assets | 21/28 | €39,286 | €30,418 | -€8,868 | -22.6% |
| Tangible fixed assets | 22/27 | €39,286 | €30,418 | -€8,868 | -22.6% |
| Plant, machinery and equipment | 23 | €2,478 | €1,394 | -€1,084 | -43.8% |
| Furniture and vehicles | 24 | €36,808 | €29,024 | -€7,784 | -21.1% |
| Current assets | 29/58 | €83,257 | €169,603 | +€86,346 | +104% |
| Amounts receivable within one year | 40/41 | €12,407 | €9,217 | -€3,190 | -25.7% |
| Trade receivables | 40 | €8,099 | €5,308 | -€2,790 | -34.5% |
| Other amounts receivable | 41 | €4,308 | €3,909 | -€400 | -9.3% |
| Current investments | 50/53 | €40,384 | €90,207 | +€49,823 | +123% |
| Cash at bank and in hand | 54/58 | €30,465 | €65,990 | +€35,525 | +117% |
| Deferred charges and accrued income | 490/1 | - | €4,189 | +€4,189 | |
| Total equity and liabilities | 10/49 | €122,543 | €200,021 | +€77,478 | +63.2% |
| Equity | 10/15 | €79,248 | €137,000 | +€57,752 | +72.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €79,148 | €136,900 | +€57,752 | +73.0% |
| Distributable reserves | 133 | €79,148 | €136,900 | +€57,752 | +73.0% |
| Amounts payable | 17/49 | €43,295 | €63,021 | +€19,726 | +45.6% |
| Amounts payable within one year | 42/48 | €43,295 | €62,621 | +€19,326 | +44.6% |
| Trade debts | 44 | €13,232 | €20,794 | +€7,562 | +57.1% |
| Suppliers | 440/4 | €13,232 | €20,794 | +€7,562 | +57.1% |
| Taxes, remuneration and social security | 45 | €14,565 | €34,322 | +€19,757 | +136% |
| Taxes | 450/3 | €14,565 | €34,322 | +€19,757 | +136% |
| Other amounts payable | 47/48 | €15,498 | €7,505 | -€7,993 | -51.6% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,345 | €8,868 | +€5,523 | +165% |
| Other operating charges | 640/8 | €1,402 | €759 | -€644 | -45.9% |
| Non-recurring operating charges | 66A | €2,728 | - | -€2,728 | |
| Gross operating margin | 9900 | €52,570 | €89,359 | +€36,789 | +70.0% |
| Operating profit (loss) | 9901 | €45,095 | €79,732 | +€34,637 | +76.8% |
| Financial income | 75/76B | €592 | €796 | +€204 | +34.4% |
| Recurring financial income | 75 | €592 | €796 | +€204 | +34.4% |
| Financial charges | 65/66B | €1,230 | €808 | -€422 | -34.3% |
| Recurring financial charges | 65 | €1,230 | €808 | -€422 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €44,457 | €79,720 | +€35,263 | +79.3% |
| Income taxes | 67/77 | €14,228 | €20,302 | +€6,074 | +42.7% |
| Profit (loss) for the period | 9904 | €30,229 | €59,418 | +€29,189 | +96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,229 | €59,418 | +€29,189 | +96.6% |
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 23 October 2026 via checked.be.