De Goaverse Statie: what changed
What changed
De Goaverse Statie
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€67,761
2024 · €10,190+€57,571
Equity
€181,794
2024 · €114,034+€67,761
Cash
€275,095
2024 · €103,501+€171,594
Balance sheet total
€8.8m
2024 · €7.4m+€1.4m
Largest movements
Assets
- Stocks and contracts +€728,106
up €728,106 (+10.4%), from €7.0m to €7.8m
- Tangible fixed assets +€483,857
up €483,857 (+180%), from €269,197 to €753,054
of which Assets under construction and advance payments: +€544,755
- Cash +€171,594
up €171,594 (+166%), from €103,501 to €275,095
mainly Short-term financial debts (+€782,777) and Trade debts (+€281,453)
Equity and liabilities
- Short-term financial debts +€782,777
up €782,777 (+18.3%), from €4.3m to €5.1m
- Trade debts +€281,453
up €281,453 (+258%), from €109,293 to €390,746
- Tax, wage and social debts +€123,441
new in 2025: €123,441
- Other debts +€120,000
up €120,000 (+5.6%), from €2.1m to €2.2m
Income statement
- Gross operating margin +€95,792
up €95,792 (+41.1%), from €232,828 to €328,620
- Financial charges +€44,347
up €44,347 (+21.0%), from €211,192 to €255,539
- Other operating charges -€6,876
down €6,876 (-79.7%), from €8,628 to €1,752
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.
Result 2024
€10,190
Gross operating margin
+€95,792
Other operating charges
+€6,876
Financial income
-€502
Financial charges
-€44,347
Taxes
-€249
Result 2025
€67,761
raises the resultlowers the result
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.
From operations
-€127,325
Investment
-€483,857
Financing
+€782,777
Cash 2024
€103,501
From operations (derived)
-€127,325
Net result for the year
+€67,761
Stocks and contracts
-€728,106
Receivables within one year
+€8,125
Trade debts
+€281,453
Tax, wage and social debts
+€123,441
Other debts
+€120,000
Investment (derived)
-€483,857
Investment in fixed assets (net)
-€483,857
Financing
+€782,777
Short-term financial debts
+€782,777
Cash 2025
€275,095
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,439,870 | €8,815,302 | +€1.4m | +18.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €269,197 | €753,054 | +€483,857 | +180% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €269,197 | €753,054 | +€483,857 | +180% |
| Land and buildings | 22 | €269,197 | €208,299 | -€60,898 | -22.6% |
| Assets under construction and advance payments | 27 | - | €544,755 | +€544,755 | |
| Current assets | 29/58 | €7,170,673 | €8,062,248 | +€891,575 | +12.4% |
| Stocks and contracts in progress | 3 | €7,030,767 | €7,758,873 | +€728,106 | +10.4% |
| Contracts in progress | 37 | €7,030,767 | €7,758,873 | +€728,106 | +10.4% |
| Amounts receivable within one year | 40/41 | €36,404 | €28,279 | -€8,125 | -22.3% |
| Trade receivables | 40 | €26,009 | €28,279 | +€2,270 | +8.7% |
| Other amounts receivable | 41 | €10,395 | €0 | -€10,395 | -100% |
| Cash at bank and in hand | 54/58 | €103,501 | €275,095 | +€171,594 | +166% |
| Total equity and liabilities | 10/49 | €7,439,870 | €8,815,302 | +€1.4m | +18.5% |
| Equity | 10/15 | €114,034 | €181,794 | +€67,761 | +59.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €4,150 | €4,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €208 | €208 | = | 0.0% |
| Reserves not available under the articles | 1311 | €208 | €208 | = | 0.0% |
| Distributable reserves | 133 | €3,942 | €3,942 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,884 | €77,645 | +€67,761 | +686% |
| Amounts payable | 17/49 | €7,325,836 | €8,633,508 | +€1.3m | +17.9% |
| Amounts payable after more than one year | 17 | €800,000 | €800,000 | = | 0.0% |
| Financial debts | 170/4 | €800,000 | €800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,525,836 | €7,833,508 | +€1.3m | +20.0% |
| Financial debts | 43 | €4,286,723 | €5,069,500 | +€782,777 | +18.3% |
| Credit institutions | 430/8 | €4,286,723 | €5,069,500 | +€782,777 | +18.3% |
| Trade debts | 44 | €109,293 | €390,746 | +€281,453 | +258% |
| Suppliers | 440/4 | €109,293 | €390,746 | +€281,453 | +258% |
| Taxes, remuneration and social security | 45 | - | €123,441 | +€123,441 | |
| Taxes | 450/3 | - | €123,441 | +€123,441 | |
| Other amounts payable | 47/48 | €2,129,820 | €2,249,820 | +€120,000 | +5.6% |
| Other operating charges | 640/8 | €8,628 | €1,752 | -€6,876 | -79.7% |
| Gross operating margin | 9900 | €232,828 | €328,620 | +€95,792 | +41.1% |
| Operating profit (loss) | 9901 | €224,200 | €326,868 | +€102,668 | +45.8% |
| Financial income | 75/76B | €552 | €50 | -€502 | -90.9% |
| Recurring financial income | 75 | €552 | €50 | -€502 | -90.9% |
| Financial charges | 65/66B | €211,192 | €255,539 | +€44,347 | +21.0% |
| Recurring financial charges | 65 | €211,192 | €255,539 | +€44,347 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €13,561 | €71,380 | +€57,819 | +426% |
| Income taxes | 67/77 | €3,371 | €3,619 | +€249 | +7.4% |
| Profit (loss) for the period | 9904 | €10,190 | €67,761 | +€57,571 | +565% |
| Profit (loss) for the period to be appropriated | 9905 | €10,190 | €67,761 | +€57,571 | +565% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.