GHODS: 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.
GHODS
Largest movements
- Tangible fixed assets -€7,369
down €7,369 (-25.0%), from €29,474 to €22,106
- Cash +€4,090
up €4,090 (+257.9%), from €1,586 to €5,676
mainly Depreciation (+€7,369) and Trade debts (+€70)
- Receivables within one year +€768
up €768 (+248.7%), from €309 to €1,076
- Profit (loss) carried forward -€2,580
down €2,580 (-69.7%), from €3,703 to €1,122
- Contributions -€1,859
down €1,859 (-19.0%), from €9,810 to €7,951
- Reserves +€1,859
new in 2025: €1,859
- Gross operating margin -€4,484
down €4,484 (-46.4%), from €9,672 to €5,188
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 | €31,369 | €28,858 | -€2,511 | -8.0% |
| Fixed assets | 21/28 | €29,474 | €22,106 | -€7,369 | -25.0% |
| Tangible fixed assets | 22/27 | €29,474 | €22,106 | -€7,369 | -25.0% |
| Furniture and vehicles | 24 | €29,474 | €22,106 | -€7,369 | -25.0% |
| Current assets | 29/58 | €1,894 | €6,752 | +€4,858 | +256.4% |
| Amounts receivable within one year | 40/41 | €309 | €1,076 | +€768 | +248.7% |
| Other amounts receivable | 41 | €309 | €1,076 | +€768 | +248.7% |
| Cash at bank and in hand | 54/58 | €1,586 | €5,676 | +€4,090 | +257.9% |
| Total equity and liabilities | 10/49 | €31,369 | €28,858 | -€2,511 | -8.0% |
| Equity | 10/15 | €13,513 | €10,932 | -€2,580 | -19.1% |
| Contributions | 10/11 | €9,810 | €7,951 | -€1,859 | -19.0% |
| Reserves | 13 | - | €1,859 | +€1,859 | |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €3,703 | €1,122 | -€2,580 | -69.7% |
| Amounts payable | 17/49 | €17,856 | €17,926 | +€70 | +0.4% |
| Amounts payable within one year | 42/48 | €17,856 | €17,926 | +€70 | +0.4% |
| Trade debts | 44 | €541 | €611 | +€70 | +12.9% |
| Suppliers | 440/4 | €541 | €611 | +€70 | +12.9% |
| Other amounts payable | 47/48 | €17,315 | €17,315 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,369 | €7,369 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €9,672 | €5,188 | -€4,484 | -46.4% |
| Operating profit (loss) | 9901 | €1,916 | -€2,580 | -€4,497 | |
| Profit (loss) for the period before taxes | 9903 | €1,916 | -€2,580 | -€4,497 | |
| Profit (loss) for the period | 9904 | €1,916 | -€2,580 | -€4,497 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,916 | -€2,580 | -€4,497 |
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 10 October 2026 via checked.be.