GOANNA: 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.
GOANNA
Largest movements
- Tangible fixed assets +€211,055
up €211,055 (+277%), from €76,093 to €287,148
of which Land and buildings: +€233,170
- Cash +€52,157
up €52,157 (+514%), from €10,151 to €62,308
mainly Debts after one year (+€169,353) and Net result for the year (+€120,666)
- Current investments -€33,359
down €33,359 (-23.8%), from €140,000 to €106,641
- Receivables within one year -€26,227
down €26,227 (-25.6%), from €102,309 to €76,082
- Debts after one year +€169,353
up €169,353 (+429%), from €39,500 to €208,852
- Reserves +€75,666
up €75,666 (+19.1%), from €396,114 to €471,780
- Other debts -€24,554
down €24,554 (-32.1%), from €76,535 to €51,981
- Trade debts -€13,711
down €13,711 (-83.2%), from €16,487 to €2,776
- Gross operating margin +€10,944
up €10,944 (+5.5%), from €198,264 to €209,208
- Taxes +€5,243
up €5,243 (+9.6%), from €54,337 to €59,580
- Financial income +€4,718
new in 2025: €4,718
- Other operating charges +€3,385
up €3,385 (+74.9%), from €4,522 to €7,906
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 | €586,311 | €790,166 | +€203,855 | +34.8% |
| Fixed assets | 21/28 | €326,093 | €537,148 | +€211,055 | +64.7% |
| Tangible fixed assets | 22/27 | €76,093 | €287,148 | +€211,055 | +277% |
| Land and buildings | 22 | - | €233,170 | +€233,170 | |
| Plant, machinery and equipment | 23 | €3,406 | €1,699 | -€1,707 | -50.1% |
| Furniture and vehicles | 24 | €1,796 | €45,287 | +€43,490 | +2,421% |
| Leasing and similar rights | 25 | €61,455 | €0 | -€61,455 | -100% |
| Other tangible fixed assets | 26 | €9,435 | €6,992 | -€2,443 | -25.9% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €260,218 | €253,018 | -€7,201 | -2.8% |
| Amounts receivable within one year | 40/41 | €102,309 | €76,082 | -€26,227 | -25.6% |
| Trade receivables | 40 | €102,309 | €76,082 | -€26,227 | -25.6% |
| Current investments | 50/53 | €140,000 | €106,641 | -€33,359 | -23.8% |
| Cash at bank and in hand | 54/58 | €10,151 | €62,308 | +€52,157 | +514% |
| Deferred charges and accrued income | 490/1 | €7,759 | €7,987 | +€228 | +2.9% |
| Total equity and liabilities | 10/49 | €586,311 | €790,166 | +€203,855 | +34.8% |
| Equity | 10/15 | €396,114 | €471,780 | +€75,666 | +19.1% |
| Reserves | 13 | €396,114 | €471,780 | +€75,666 | +19.1% |
| Distributable reserves | 133 | €396,114 | €471,780 | +€75,666 | +19.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €190,197 | €318,386 | +€128,188 | +67.4% |
| Amounts payable after more than one year | 17 | €39,500 | €208,852 | +€169,353 | +429% |
| Financial debts | 170/4 | €39,500 | €208,852 | +€169,353 | +429% |
| Amounts payable within one year | 42/48 | €150,698 | €109,533 | -€41,165 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €18,513 | €19,176 | +€664 | +3.6% |
| Financial debts | 43 | - | €3,019 | +€3,019 | |
| Credit institutions | 430/8 | - | €3,019 | +€3,019 | |
| Trade debts | 44 | €16,487 | €2,776 | -€13,711 | -83.2% |
| Suppliers | 440/4 | €16,487 | €2,776 | -€13,711 | -83.2% |
| Taxes, remuneration and social security | 45 | €39,163 | €32,581 | -€6,582 | -16.8% |
| Taxes | 450/3 | €38,163 | €32,581 | -€5,582 | -14.6% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts payable | 47/48 | €76,535 | €51,981 | -€24,554 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,810 | €23,277 | -€533 | -2.2% |
| Other operating charges | 640/8 | €4,522 | €7,906 | +€3,385 | +74.9% |
| Non-recurring operating charges | 66A | €926 | €0 | -€926 | -100% |
| Gross operating margin | 9900 | €198,264 | €209,208 | +€10,944 | +5.5% |
| Operating profit (loss) | 9901 | €169,007 | €178,025 | +€9,017 | +5.3% |
| Financial income | 75/76B | - | €4,718 | +€4,718 | |
| Recurring financial income | 75 | - | €4,718 | +€4,718 | |
| Financial charges | 65/66B | €2,582 | €2,495 | -€87 | -3.4% |
| Recurring financial charges | 65 | €2,582 | €2,495 | -€87 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €166,425 | €180,247 | +€13,822 | +8.3% |
| Income taxes | 67/77 | €54,337 | €59,580 | +€5,243 | +9.6% |
| Profit (loss) for the period | 9904 | €112,088 | €120,666 | +€8,578 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €112,088 | €120,666 | +€8,578 | +7.7% |
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 13 October 2026 via checked.be.