GHOOS ACCOUNTANTS: 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.
GHOOS ACCOUNTANTS
Largest movements
- Receivables within one year +€93,961
up €93,961 (+65.2%), from €144,134 to €238,095
of which Trade receivables: +€76,241
- Cash -€17,105
down €17,105 (-46.3%), from €36,904 to €19,799
mainly Receivables within one year (-€93,961) and Deferred charges and accrued income (-€4,650)
- Reserves +€161,295
up €161,295 (+41.9%), from €385,222 to €546,517
of which Distributable reserves: +€161,295
- Profit (loss) carried forward -€90,180
no longer reported in 2025 (was €90,180)
- Gross operating margin +€31,807
up €31,807 (+39.4%), from €80,787 to €112,594
- Financial charges -€5,977
down €5,977 (-95.2%), from €6,275 to €298
- Taxes -€4,951
down €4,951 (-13.6%), from €36,518 to €31,567
- Financial income +€4,008
up €4,008 (+54.9%), from €7,306 to €11,314
- Depreciation -€1,947
down €1,947 (-89.6%), from €2,172 to €226
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 | €534,179 | €615,459 | +€81,280 | +15.2% |
| Fixed assets | 21/28 | €526 | €301 | -€226 | -42.9% |
| Tangible fixed assets | 22/27 | €526 | €301 | -€226 | -42.9% |
| Furniture and vehicles | 24 | €526 | €301 | -€226 | -42.9% |
| Current assets | 29/58 | €533,652 | €615,158 | +€81,506 | +15.3% |
| Amounts receivable after more than one year | 29 | €339,282 | €339,282 | = | 0.0% |
| Other amounts receivable | 291 | €339,282 | €339,282 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €144,134 | €238,095 | +€93,961 | +65.2% |
| Trade receivables | 40 | €3,200 | €79,440 | +€76,241 | +2,383% |
| Other amounts receivable | 41 | €140,934 | €158,654 | +€17,720 | +12.6% |
| Cash at bank and in hand | 54/58 | €36,904 | €19,799 | -€17,105 | -46.3% |
| Deferred charges and accrued income | 490/1 | €13,332 | €17,982 | +€4,650 | +34.9% |
| Total equity and liabilities | 10/49 | €534,179 | €615,459 | +€81,280 | +15.2% |
| Equity | 10/15 | €481,602 | €552,717 | +€71,115 | +14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €385,222 | €546,517 | +€161,295 | +41.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €383,362 | €544,657 | +€161,295 | +42.1% |
| Profit (loss) carried forward | 14 | €90,180 | - | -€90,180 | |
| Amounts payable | 17/49 | €52,577 | €62,742 | +€10,166 | +19.3% |
| Amounts payable within one year | 42/48 | €52,577 | €62,742 | +€10,166 | +19.3% |
| Trade debts | 44 | €4,760 | €10,333 | +€5,573 | +117% |
| Suppliers | 440/4 | €4,760 | €10,333 | +€5,573 | +117% |
| Advances received on contracts in progress | 46 | €6,711 | €6,711 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €37,675 | €42,698 | +€5,024 | +13.3% |
| Taxes | 450/3 | €34,187 | €40,240 | +€6,054 | +17.7% |
| Remuneration and social security | 454/9 | €3,488 | €2,458 | -€1,030 | -29.5% |
| Other amounts payable | 47/48 | €3,431 | €3,000 | -€431 | -12.6% |
| Remuneration, social security and pensions | 62 | €15,280 | €16,740 | +€1,460 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,172 | €226 | -€1,947 | -89.6% |
| Other operating charges | 640/8 | €2,774 | €3,963 | +€1,189 | +42.9% |
| Gross operating margin | 9900 | €80,787 | €112,594 | +€31,807 | +39.4% |
| Operating profit (loss) | 9901 | €60,562 | €91,666 | +€31,104 | +51.4% |
| Financial income | 75/76B | €7,306 | €11,314 | +€4,008 | +54.9% |
| Recurring financial income | 75 | €7,306 | €11,314 | +€4,008 | +54.9% |
| Financial charges | 65/66B | €6,275 | €298 | -€5,977 | -95.2% |
| Recurring financial charges | 65 | €6,275 | €298 | -€5,977 | -95.2% |
| Profit (loss) for the period before taxes | 9903 | €61,593 | €102,681 | +€41,089 | +66.7% |
| Income taxes | 67/77 | €36,518 | €31,567 | -€4,951 | -13.6% |
| Profit (loss) for the period | 9904 | €25,075 | €71,115 | +€46,040 | +184% |
| Profit (loss) for the period to be appropriated | 9905 | €25,075 | €71,115 | +€46,040 | +184% |
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 27 October 2026 via checked.be.