GODART DRUINE: 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.
GODART DRUINE
Largest movements
- Cash +€80,124
up €80,124 (+33.0%), from €242,779 to €322,903
mainly Net result for the year (+€77,756) and Depreciation (+€38,509)
- Intangible fixed assets -€12,500
down €12,500 (-16.7%), from €75,000 to €62,500
- Tangible fixed assets -€11,501
down €11,501 (-11.5%), from €99,740 to €88,239
of which Furniture and vehicles: -€8,178
- Profit (loss) carried forward +€46,090
up €46,090 (+57.6%), from €80,000 to €126,090
- Reserves +€30,000
up €30,000 (+37.0%), from €81,082 to €111,082
- Debts after one year -€18,973
down €18,973 (-26.3%), from €72,188 to €53,214
- Tax, wage and social debts -€12,563
down €12,563 (-18.1%), from €69,278 to €56,715
of which Taxes: -€21,033
- Trade debts +€5,291
up €5,291 (+36.8%), from €14,379 to €19,669
- Staff costs +€11,487
up €11,487 (+14.3%), from €80,435 to €91,922
- Gross operating margin +€5,580
up €5,580 (+2.3%), from €242,379 to €247,959
- Taxes -€2,598
down €2,598 (-9.9%), from €26,196 to €23,598
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 | €433,528 | €487,619 | +€54,091 | +12.5% |
| Fixed assets | 21/28 | €174,740 | €150,739 | -€24,001 | -13.7% |
| Intangible fixed assets | 21 | €75,000 | €62,500 | -€12,500 | -16.7% |
| Tangible fixed assets | 22/27 | €99,740 | €88,239 | -€11,501 | -11.5% |
| Plant, machinery and equipment | 23 | €62,223 | €58,900 | -€3,323 | -5.3% |
| Furniture and vehicles | 24 | €37,517 | €29,339 | -€8,178 | -21.8% |
| Current assets | 29/58 | €258,788 | €336,880 | +€78,093 | +30.2% |
| Stocks and contracts in progress | 3 | €13,699 | €13,665 | -€34 | -0.3% |
| Stocks | 30/36 | €13,699 | €13,665 | -€34 | -0.3% |
| Amounts receivable within one year | 40/41 | - | €134 | +€134 | |
| Other amounts receivable | 41 | - | €134 | +€134 | |
| Cash at bank and in hand | 54/58 | €242,779 | €322,903 | +€80,124 | +33.0% |
| Deferred charges and accrued income | 490/1 | €2,310 | €179 | -€2,130 | -92.2% |
| Total equity and liabilities | 10/49 | €433,528 | €487,619 | +€54,091 | +12.5% |
| Equity | 10/15 | €168,582 | €244,672 | +€76,090 | +45.1% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €81,082 | €111,082 | +€30,000 | +37.0% |
| Distributable reserves | 133 | €81,082 | €111,082 | +€30,000 | +37.0% |
| Profit (loss) carried forward | 14 | €80,000 | €126,090 | +€46,090 | +57.6% |
| Amounts payable | 17/49 | €264,946 | €242,947 | -€21,999 | -8.3% |
| Amounts payable after more than one year | 17 | €72,188 | €53,214 | -€18,973 | -26.3% |
| Financial debts | 170/4 | €72,188 | €53,214 | -€18,973 | -26.3% |
| Amounts payable within one year | 42/48 | €192,758 | €189,733 | -€3,025 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €19,084 | €20,060 | +€976 | +5.1% |
| Trade debts | 44 | €14,379 | €19,669 | +€5,291 | +36.8% |
| Suppliers | 440/4 | €14,379 | €19,669 | +€5,291 | +36.8% |
| Taxes, remuneration and social security | 45 | €69,278 | €56,715 | -€12,563 | -18.1% |
| Taxes | 450/3 | €61,307 | €40,274 | -€21,033 | -34.3% |
| Remuneration and social security | 454/9 | €7,971 | €16,441 | +€8,470 | +106% |
| Other amounts payable | 47/48 | €90,018 | €93,288 | +€3,270 | +3.6% |
| Remuneration, social security and pensions | 62 | €80,435 | €91,922 | +€11,487 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,739 | €38,509 | +€769 | +2.0% |
| Other operating charges | 640/8 | €2,359 | €2,057 | -€302 | -12.8% |
| Gross operating margin | 9900 | €242,379 | €247,959 | +€5,580 | +2.3% |
| Operating profit (loss) | 9901 | €121,846 | €115,472 | -€6,374 | -5.2% |
| Financial charges | 65/66B | €15,858 | €14,118 | -€1,740 | -11.0% |
| Recurring financial charges | 65 | €15,858 | €14,118 | -€1,740 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €105,988 | €101,354 | -€4,634 | -4.4% |
| Income taxes | 67/77 | €26,196 | €23,598 | -€2,598 | -9.9% |
| Profit (loss) for the period | 9904 | €79,792 | €77,756 | -€2,036 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €79,792 | €77,756 | -€2,036 | -2.6% |
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 31 October 2026 via checked.be.