BORREMANS-GOETHALS: 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.
BORREMANS-GOETHALS
Largest movements
- Cash +€319
up €319 (+130%), from €247 to €566
mainly Other debts (+€16,365) and Receivables within one year (+€221)
- Receivables within one year -€221
down €221 (-74.4%), from €297 to €76
- Other debts +€16,365
up €16,365 (+73.5%), from €22,274 to €38,640
- Debts after one year -€13,648
down €13,648 (-43.5%), from €31,362 to €17,713
- Profit (loss) carried forward -€1,787
down €1,787 (-2.3%), from -€76,724 to -€78,511
- Current portion of long-term debt -€824
down €824 (-6.3%), from €13,106 to €12,281
- Trade debts -€7
down €7 (-1.3%), from €526 to €519
- Financial charges -€1,911
down €1,911 (-77.5%), from €2,465 to €554
- Gross operating margin +€1,216
up €1,216 (+49.6%), from -€2,449 to -€1,233
- Other operating charges -€280
no longer reported in 2025 (was €280)
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 | €543 | €642 | +€99 | +18.2% |
| Current assets | 29/58 | €543 | €642 | +€99 | +18.2% |
| Amounts receivable within one year | 40/41 | €297 | €76 | -€221 | -74.4% |
| Other amounts receivable | 41 | €297 | €76 | -€221 | -74.4% |
| Cash at bank and in hand | 54/58 | €247 | €566 | +€319 | +130% |
| Total equity and liabilities | 10/49 | €543 | €642 | +€99 | +18.2% |
| Equity | 10/15 | -€66,724 | -€68,511 | -€1,787 | -2.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,724 | -€78,511 | -€1,787 | -2.3% |
| Amounts payable | 17/49 | €67,267 | €69,153 | +€1,886 | +2.8% |
| Amounts payable after more than one year | 17 | €31,362 | €17,713 | -€13,648 | -43.5% |
| Financial debts | 170/4 | €31,362 | €17,713 | -€13,648 | -43.5% |
| Amounts payable within one year | 42/48 | €35,905 | €51,440 | +€15,534 | +43.3% |
| Current portion of amounts payable after more than one year | 42 | €13,106 | €12,281 | -€824 | -6.3% |
| Trade debts | 44 | €526 | €519 | -€7 | -1.3% |
| Suppliers | 440/4 | €526 | €519 | -€7 | -1.3% |
| Other amounts payable | 47/48 | €22,274 | €38,640 | +€16,365 | +73.5% |
| Other operating charges | 640/8 | €280 | - | -€280 | |
| Gross operating margin | 9900 | -€2,449 | -€1,233 | +€1,216 | +49.6% |
| Operating profit (loss) | 9901 | -€2,730 | -€1,233 | +€1,496 | +54.8% |
| Financial charges | 65/66B | €2,465 | €554 | -€1,911 | -77.5% |
| Recurring financial charges | 65 | €2,465 | €554 | -€1,911 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,194 | -€1,787 | +€3,407 | +65.6% |
| Profit (loss) for the period | 9904 | -€5,194 | -€1,787 | +€3,407 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,194 | -€1,787 | +€3,407 | +65.6% |
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 18 October 2026 via checked.be.