DE GOEDE AARDE: 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.
DE GOEDE AARDE
Largest movements
- Cash +€175,227
up €175,227 (+1,977%), from €8,863 to €184,090
mainly Net result for the year (+€169,901) and Investment in fixed assets (net) (+€12,075)
- Tangible fixed assets -€16,132
down €16,132 (-48.2%), from €33,475 to €17,344
of which Land and buildings: -€32,542
- Receivables within one year +€3,700
up €3,700 (+92.6%), from €3,997 to €7,697
- Profit (loss) carried forward +€130,901
up €130,901, from -€129,913 to €988
- Reserves +€39,000
up €39,000 (+5,552%), from €702 to €39,702
of which Distributable reserves: +€39,702
- Other debts -€7,058
down €7,058 (-14.8%), from €47,544 to €40,486
- Trade debts -€5,046
down €5,046 (-96.5%), from €5,228 to €182
- Tax, wage and social debts +€4,393
up €4,393 (+1,159%), from €379 to €4,772
- Gross operating margin +€177,932
up €177,932 (+1,552%), from €11,468 to €189,400
- Taxes +€12,160
new in 2025: €12,160
- Other operating charges -€4,767
down €4,767 (-60.6%), from €7,870 to €3,103
- Depreciation +€2,275
up €2,275 (+128%), from €1,783 to €4,057
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 | €47,083 | €209,424 | +€162,341 | +345% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €33,550 | €17,418 | -€16,132 | -48.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €33,475 | €17,344 | -€16,132 | -48.2% |
| Land and buildings | 22 | €32,542 | - | -€32,542 | |
| Plant, machinery and equipment | 23 | €934 | €746 | -€188 | -20.1% |
| Furniture and vehicles | 24 | €0 | €16,598 | +€16,598 | |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €13,533 | €192,006 | +€178,473 | +1,319% |
| Stocks and contracts in progress | 3 | €56 | - | -€56 | |
| Stocks | 30/36 | €56 | - | -€56 | |
| Amounts receivable within one year | 40/41 | €3,997 | €7,697 | +€3,700 | +92.6% |
| Trade receivables | 40 | €3,997 | €7,697 | +€3,700 | +92.6% |
| Cash at bank and in hand | 54/58 | €8,863 | €184,090 | +€175,227 | +1,977% |
| Deferred charges and accrued income | 490/1 | €617 | €220 | -€398 | -64.4% |
| Total equity and liabilities | 10/49 | €47,083 | €209,424 | +€162,341 | +345% |
| Equity | 10/15 | -€6,501 | €163,400 | +€169,901 | |
| Contributions | 10/11 | €122,710 | €122,710 | = | 0.0% |
| Reserves | 13 | €702 | €39,702 | +€39,000 | +5,552% |
| Non-distributable reserves | 130/1 | €702 | - | -€702 | |
| Reserves not available under the articles | 1311 | €702 | - | -€702 | |
| Distributable reserves | 133 | - | €39,702 | +€39,702 | |
| Profit (loss) carried forward | 14 | -€129,913 | €988 | +€130,901 | |
| Amounts payable | 17/49 | €53,584 | €46,024 | -€7,560 | -14.1% |
| Amounts payable within one year | 42/48 | €53,151 | €45,440 | -€7,711 | -14.5% |
| Trade debts | 44 | €5,228 | €182 | -€5,046 | -96.5% |
| Suppliers | 440/4 | €5,228 | €182 | -€5,046 | -96.5% |
| Taxes, remuneration and social security | 45 | €379 | €4,772 | +€4,393 | +1,159% |
| Taxes | 450/3 | €379 | €4,772 | +€4,393 | +1,159% |
| Other amounts payable | 47/48 | €47,544 | €40,486 | -€7,058 | -14.8% |
| Accrued charges and deferred income | 492/3 | €433 | €584 | +€151 | +34.9% |
| Non-recurring operating income | 76A | - | €166,021 | +€166,021 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,783 | €4,057 | +€2,275 | +128% |
| Other operating charges | 640/8 | €7,870 | €3,103 | -€4,767 | -60.6% |
| Gross operating margin | 9900 | €11,468 | €189,400 | +€177,932 | +1,552% |
| Operating profit (loss) | 9901 | €1,815 | €182,240 | +€180,425 | +9,941% |
| Financial charges | 65/66B | €187 | €179 | -€8 | -4.2% |
| Recurring financial charges | 65 | €187 | €179 | -€8 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €1,628 | €182,061 | +€180,433 | +11,082% |
| Income taxes | 67/77 | - | €12,160 | +€12,160 | |
| Profit (loss) for the period | 9904 | €1,628 | €169,901 | +€168,273 | +10,335% |
| Profit (loss) for the period to be appropriated | 9905 | €1,628 | €169,901 | +€168,273 | +10,335% |
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 22 October 2026 via checked.be.