GOCEN & BENLI: 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.
GOCEN & BENLI
Largest movements
- Tangible fixed assets -€236,557
down €236,557 (-22.1%), from €1.1m to €835,698
of which Land and buildings: -€215,977
- Debts after one year -€331,268
down €331,268 (-30.1%), from €1.1m to €768,973
- Tax, wage and social debts +€99,770
up €99,770 (+1,430%), from €6,976 to €106,746
- Reserves +€59,142
up €59,142 (+9.9%), from €597,829 to €656,971
of which Distributable reserves: +€59,142
- Short-term financial debts -€37,654
down €37,654 (-100%), from €37,654 to €0
- Gross operating margin +€194,301
up €194,301 (+82.3%), from €236,197 to €430,498
- Financial income +€75,766
up €75,766 (+243%), from €31,151 to €106,916
- Taxes +€56,790
up €56,790 (+150%), from €37,890 to €94,680
- Financial charges +€12,944
up €12,944 (+38.1%), from €33,967 to €46,910
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 | €2,296,465 | €2,067,789 | -€228,676 | -10.0% |
| Fixed assets | 21/28 | €1,776,255 | €1,539,698 | -€236,557 | -13.3% |
| Tangible fixed assets | 22/27 | €1,072,255 | €835,698 | -€236,557 | -22.1% |
| Land and buildings | 22 | €971,714 | €755,737 | -€215,977 | -22.2% |
| Furniture and vehicles | 24 | €100,541 | €79,961 | -€20,580 | -20.5% |
| Financial fixed assets | 28 | €704,000 | €704,000 | = | 0.0% |
| Current assets | 29/58 | €520,210 | €528,091 | +€7,881 | +1.5% |
| Amounts receivable within one year | 40/41 | €513,129 | €497,690 | -€15,439 | -3.0% |
| Trade receivables | 40 | €61,511 | €71,081 | +€9,571 | +15.6% |
| Other amounts receivable | 41 | €451,618 | €426,608 | -€25,010 | -5.5% |
| Cash at bank and in hand | 54/58 | €5,549 | €6,885 | +€1,335 | +24.1% |
| Deferred charges and accrued income | 490/1 | €1,532 | €23,517 | +€21,985 | +1,435% |
| Total equity and liabilities | 10/49 | €2,296,465 | €2,067,789 | -€228,676 | -10.0% |
| Equity | 10/15 | €616,379 | €675,521 | +€59,142 | +9.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €597,829 | €656,971 | +€59,142 | +9.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €597,829 | €656,971 | +€59,142 | +9.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,680,086 | €1,392,269 | -€287,818 | -17.1% |
| Amounts payable after more than one year | 17 | €1,100,242 | €768,973 | -€331,268 | -30.1% |
| Financial debts | 170/4 | €1,100,242 | €768,973 | -€331,268 | -30.1% |
| Amounts payable within one year | 42/48 | €577,414 | €621,254 | +€43,841 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €212,003 | €205,193 | -€6,810 | -3.2% |
| Financial debts | 43 | €37,654 | €0 | -€37,654 | -100% |
| Credit institutions | 430/8 | €37,654 | €0 | -€37,654 | -100% |
| Trade debts | 44 | €13,717 | €22,910 | +€9,193 | +67.0% |
| Suppliers | 440/4 | €13,717 | €22,910 | +€9,193 | +67.0% |
| Taxes, remuneration and social security | 45 | €6,976 | €106,746 | +€99,770 | +1,430% |
| Taxes | 450/3 | €6,976 | €106,746 | +€99,770 | +1,430% |
| Other amounts payable | 47/48 | €307,063 | €286,405 | -€20,658 | -6.7% |
| Accrued charges and deferred income | 492/3 | €2,431 | €2,041 | -€390 | -16.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,808 | €56,751 | +€943 | +1.7% |
| Other operating charges | 640/8 | €1,807 | €4,931 | +€3,125 | +173% |
| Gross operating margin | 9900 | €236,197 | €430,498 | +€194,301 | +82.3% |
| Operating profit (loss) | 9901 | €178,582 | €368,816 | +€190,233 | +107% |
| Financial income | 75/76B | €31,151 | €106,916 | +€75,766 | +243% |
| Recurring financial income | 75 | €31,151 | €106,916 | +€75,766 | +243% |
| Financial charges | 65/66B | €33,967 | €46,910 | +€12,944 | +38.1% |
| Recurring financial charges | 65 | €33,967 | €46,910 | +€12,944 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | €175,766 | €428,822 | +€253,055 | +144% |
| Income taxes | 67/77 | €37,890 | €94,680 | +€56,790 | +150% |
| Profit (loss) for the period | 9904 | €137,877 | €334,142 | +€196,265 | +142% |
| Profit (loss) for the period to be appropriated | 9905 | €137,877 | €334,142 | +€196,265 | +142% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.