GOD BESMILE: what changed
GOD BESMILE
Largest movements
- Current investments +€30,000
up €30,000 (+25.0%), from €120,000 to €150,000
- Cash -€13,275
down €13,275 (-70.4%), from €18,863 to €5,588
mainly Current investments (-€30,000) and Tax, wage and social debts (-€20,120)
- Intangible fixed assets -€4,500
down €4,500 (-13.2%), from €34,000 to €29,500
- Tangible fixed assets -€3,921
down €3,921 (-13.9%), from €28,172 to €24,251
of which Plant, machinery and equipment: -€3,699
- Profit (loss) carried forward +€26,172
up €26,172 (+2,828%), from €926 to €27,097
- Tax, wage and social debts -€20,120
down €20,120 (-79.1%), from €25,433 to €5,313
of which Taxes: -€20,070
- Other debts +€4,270
up €4,270 (+6.1%), from €70,369 to €74,639
- Debts after one year -€3,041
down €3,041 (-19.2%), from €15,839 to €12,798
- Purchases and services +€12,629
up €12,629 (+11.5%), from €110,062 to €122,691
- Gross operating margin -€10,144
down €10,144 (-18.2%), from €55,867 to €45,723
- Turnover -€4,965
down €4,965 (-3.1%), from €160,140 to €155,175
- Financial income +€3,610
new in 2024: €3,610
- Depreciation -€2,898
down €2,898 (-25.6%), from €11,319 to €8,421
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,134 | €210,103 | +€7,969 | +3.9% |
| Fixed assets | 21/28 | €62,172 | €53,751 | -€8,421 | -13.5% |
| Intangible fixed assets | 21 | €34,000 | €29,500 | -€4,500 | -13.2% |
| Tangible fixed assets | 22/27 | €28,172 | €24,251 | -€3,921 | -13.9% |
| Plant, machinery and equipment | 23 | €27,951 | €24,251 | -€3,699 | -13.2% |
| Furniture and vehicles | 24 | €221 | €0 | -€221 | -100% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €139,962 | €156,352 | +€16,390 | +11.7% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | - | €0 | = | |
| Current investments | 50/53 | €120,000 | €150,000 | +€30,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €18,863 | €5,588 | -€13,275 | -70.4% |
| Deferred charges and accrued income | 490/1 | €1,099 | €764 | -€336 | -30.5% |
| Total equity and liabilities | 10/49 | €202,134 | €210,103 | +€7,969 | +3.9% |
| Equity | 10/15 | €86,129 | €112,300 | +€26,172 | +30.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €66,203 | €66,203 | = | 0.0% |
| Non-distributable reserves | 130/1 | €66,203 | €66,203 | = | 0.0% |
| Other | 1319 | €66,203 | €66,203 | = | 0.0% |
| Profit (loss) carried forward | 14 | €926 | €27,097 | +€26,172 | +2,828% |
| Amounts payable | 17/49 | €116,006 | €97,803 | -€18,203 | -15.7% |
| Amounts payable after more than one year | 17 | €15,839 | €12,798 | -€3,041 | -19.2% |
| Financial debts | 170/4 | €15,839 | €12,798 | -€3,041 | -19.2% |
| Amounts payable within one year | 42/48 | €99,993 | €84,831 | -€15,162 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €2,954 | €3,041 | +€87 | +2.9% |
| Trade debts | 44 | €1,237 | €1,838 | +€601 | +48.6% |
| Suppliers | 440/4 | €1,237 | €1,838 | +€601 | +48.6% |
| Taxes, remuneration and social security | 45 | €25,433 | €5,313 | -€20,120 | -79.1% |
| Taxes | 450/3 | €25,383 | €5,313 | -€20,070 | -79.1% |
| Remuneration and social security | 454/9 | €50 | €0 | -€50 | -100% |
| Other amounts payable | 47/48 | €70,369 | €74,639 | +€4,270 | +6.1% |
| Accrued charges and deferred income | 492/3 | €174 | €174 | = | 0.0% |
| Turnover | 70 | €160,140 | €155,175 | -€4,965 | -3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €110,062 | €122,691 | +€12,629 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,319 | €8,421 | -€2,898 | -25.6% |
| Other operating charges | 640/8 | €1,854 | €2,039 | +€185 | +10.0% |
| Gross operating margin | 9900 | €55,867 | €45,723 | -€10,144 | -18.2% |
| Operating profit (loss) | 9901 | €42,694 | €35,263 | -€7,431 | -17.4% |
| Financial income | 75/76B | - | €3,610 | +€3,610 | |
| Recurring financial income | 75 | - | €3,610 | +€3,610 | |
| Financial charges | 65/66B | €702 | €618 | -€84 | -11.9% |
| Recurring financial charges | 65 | €702 | €618 | -€84 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €41,992 | €38,255 | -€3,738 | -8.9% |
| Income taxes | 67/77 | €12,525 | €12,083 | -€442 | -3.5% |
| Profit (loss) for the period | 9904 | €29,467 | €26,172 | -€3,295 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,467 | €26,172 | -€3,295 | -11.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.