Dr. E. Goossens: what changed
Two fiscal 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.
Dr. E. Goossens
Largest movements
- Receivables within one year +€57,332
up €57,332 (+1111.7%), from €5,157 to €62,489
of which Other amounts receivable: +€51,960
- Current investments -€39,549
down €39,549 (-3.9%), from €1.0m to €983,784
- Cash +€36,361
up €36,361 (+53.4%), from €68,104 to €104,464
mainly Net result for the year (+€41,457) and Current investments (+€39,549)
- Tangible fixed assets -€17,580
down €17,580 (-26.4%), from €66,630 to €49,050
of which Furniture and vehicles: -€11,027
- Reserves +€41,457
up €41,457 (+3.8%), from €1.1m to €1.1m
- Gross operating margin -€164,355
down €164,355 (-78.5%), from €209,329 to €44,974
- Taxes -€40,024
down €40,024 (-69.6%), from €57,529 to €17,505
- Financial income +€33,914
up €33,914 (+228.8%), from €14,823 to €48,738
- Other operating charges -€2,113
down €2,113 (-27.6%), from €7,650 to €5,536
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.
Cash bridge derived
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 | €1,163,224 | €1,199,788 | +€36,564 | +3.1% |
| Fixed assets | 21/28 | €66,630 | €49,050 | -€17,580 | -26.4% |
| Tangible fixed assets | 22/27 | €66,630 | €49,050 | -€17,580 | -26.4% |
| Land and buildings | 22 | €6,868 | €5,436 | -€1,432 | -20.8% |
| Plant, machinery and equipment | 23 | €8,563 | €6,894 | -€1,669 | -19.5% |
| Furniture and vehicles | 24 | €41,438 | €30,411 | -€11,027 | -26.6% |
| Other tangible fixed assets | 26 | €9,761 | €6,309 | -€3,452 | -35.4% |
| Current assets | 29/58 | €1,096,594 | €1,150,738 | +€54,144 | +4.9% |
| Amounts receivable within one year | 40/41 | €5,157 | €62,489 | +€57,332 | +1111.7% |
| Trade receivables | 40 | €2,558 | €7,930 | +€5,372 | +210.0% |
| Other amounts receivable | 41 | €2,600 | €54,560 | +€51,960 | +1998.8% |
| Current investments | 50/53 | €1,023,333 | €983,784 | -€39,549 | -3.9% |
| Cash at bank and in hand | 54/58 | €68,104 | €104,464 | +€36,361 | +53.4% |
| Total equity and liabilities | 10/49 | €1,163,224 | €1,199,788 | +€36,564 | +3.1% |
| Equity | 10/15 | €1,100,909 | €1,142,366 | +€41,457 | +3.8% |
| Contributions | 10/11 | €13,500 | €13,500 | = | 0.0% |
| Reserves | 13 | €1,087,409 | €1,128,866 | +€41,457 | +3.8% |
| Distributable reserves | 133 | €1,087,409 | €1,128,866 | +€41,457 | +3.8% |
| Amounts payable | 17/49 | €62,315 | €57,422 | -€4,893 | -7.9% |
| Amounts payable within one year | 42/48 | €62,315 | €57,422 | -€4,893 | -7.9% |
| Trade debts | 44 | €1,140 | €2,103 | +€963 | +84.5% |
| Suppliers | 440/4 | €1,140 | €2,103 | +€963 | +84.5% |
| Taxes, remuneration and social security | 45 | €7,676 | €7,837 | +€161 | +2.1% |
| Taxes | 450/3 | €7,676 | €7,837 | +€161 | +2.1% |
| Other amounts payable | 47/48 | €53,498 | €47,482 | -€6,016 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,541 | €18,678 | +€136 | +0.7% |
| Other operating charges | 640/8 | €7,650 | €5,536 | -€2,113 | -27.6% |
| Non-recurring operating charges | 66A | - | €3,580 | +€3,580 | |
| Gross operating margin | 9900 | €209,329 | €44,974 | -€164,355 | -78.5% |
| Operating profit (loss) | 9901 | €183,138 | €17,179 | -€165,959 | -90.6% |
| Financial income | 75/76B | €14,823 | €48,738 | +€33,914 | +228.8% |
| Recurring financial income | 75 | €14,823 | €48,738 | +€33,914 | +228.8% |
| Financial charges | 65/66B | €6,930 | €6,955 | +€25 | +0.4% |
| Recurring financial charges | 65 | €6,930 | €6,955 | +€25 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €191,031 | €58,962 | -€132,069 | -69.1% |
| Income taxes | 67/77 | €57,529 | €17,505 | -€40,024 | -69.6% |
| Profit (loss) for the period | 9904 | €133,502 | €41,457 | -€92,045 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €133,502 | €41,457 | -€92,045 | -68.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.