Godefroid-Loonbedrijf: what changed
What changed
Godefroid-Loonbedrijf
NACE 01.610, Support activities for crop production
filed annual accounts (NBB)
Net result for the year
€43,256
2024 · €54,709-€11,453
Equity
€1.3m
2024 · €1.2m+€43,256
Cash
€8,243
2024 · €25,684-€17,441
Balance sheet total
€3.6m
2024 · €2.9m+€731,296
Largest movements
Assets
- Tangible fixed assets +€713,887
up €713,887 (+44.0%), from €1.6m to €2.3m
of which Plant, machinery and equipment: +€719,774
Equity and liabilities
- Debts after one year +€399,654
up €399,654 (+64.5%), from €619,897 to €1.0m
- Trade debts +€171,084
up €171,084 (+24.9%), from €688,209 to €859,293
- Current portion of long-term debt +€101,084
up €101,084 (+41.2%), from €245,168 to €346,252
- Reserves +€43,960
up €43,960 (+3.6%), from €1.2m to €1.3m
of which Distributable reserves: +€43,960
Income statement
- Gross operating margin +€78,591
up €78,591 (+13.2%), from €595,638 to €674,229
- Staff costs +€57,486
up €57,486 (+29.0%), from €198,149 to €255,635
- Depreciation +€36,297
up €36,297 (+12.5%), from €289,888 to €326,184
- Taxes -€13,723
down €13,723 (-97.0%), from €14,146 to €423
- Financial charges +€11,773
up €11,773 (+41.9%), from €28,101 to €39,874
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€54,709
Gross operating margin
+€78,591
Staff costs
-€57,486
Depreciation
-€36,297
Other operating charges
+€5,969
Other operating items
-€3,303
Financial income
-€876
Financial charges
-€11,773
Taxes
+€13,723
Result 2025
€43,256
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€517,130
Investment
-€1.0m
Financing
+€505,500
Cash 2024
€25,684
From operations (derived)
+€517,130
Net result for the year
+€43,256
Depreciation
+€326,184
Stocks and contracts
-€21,989
Receivables within one year
-€5,000
Deferred charges and accrued income
-€7,861
Trade debts
+€171,084
Tax, wage and social debts
+€12,863
Accrued charges and deferred income
-€1,407
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
+€505,500
Debts after one year
+€399,654
Current portion of long-term debt
+€101,084
Short-term financial debts
+€4,763
Cash 2025
€8,243
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,915,196 | €3,646,492 | +€731,296 | +25.1% |
| Fixed assets | 21/28 | €1,623,835 | €2,337,721 | +€713,887 | +44.0% |
| Tangible fixed assets | 22/27 | €1,623,380 | €2,337,267 | +€713,887 | +44.0% |
| Land and buildings | 22 | €70,000 | €70,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,528,389 | €2,248,163 | +€719,774 | +47.1% |
| Furniture and vehicles | 24 | €24,991 | €19,103 | -€5,887 | -23.6% |
| Financial fixed assets | 28 | €455 | €455 | = | 0.0% |
| Current assets | 29/58 | €1,291,361 | €1,308,771 | +€17,410 | +1.3% |
| Stocks and contracts in progress | 3 | €749,953 | €771,941 | +€21,989 | +2.9% |
| Stocks | 30/36 | €130,342 | €164,816 | +€34,474 | +26.4% |
| Contracts in progress | 37 | €619,610 | €607,125 | -€12,485 | -2.0% |
| Amounts receivable within one year | 40/41 | €514,559 | €519,559 | +€5,000 | +1.0% |
| Trade receivables | 40 | €396,045 | €386,522 | -€9,523 | -2.4% |
| Other amounts receivable | 41 | €118,514 | €133,037 | +€14,523 | +12.3% |
| Cash at bank and in hand | 54/58 | €25,684 | €8,243 | -€17,441 | -67.9% |
| Deferred charges and accrued income | 490/1 | €1,166 | €9,027 | +€7,861 | +674% |
| Total equity and liabilities | 10/49 | €2,915,196 | €3,646,492 | +€731,296 | +25.1% |
| Equity | 10/15 | €1,218,769 | €1,262,026 | +€43,256 | +3.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €1,211,860 | €1,255,820 | +€43,960 | +3.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,211,860 | €1,255,820 | +€43,960 | +3.6% |
| Profit (loss) carried forward | 14 | €704 | €0 | -€704 | -100% |
| Amounts payable | 17/49 | €1,696,426 | €2,384,467 | +€688,040 | +40.6% |
| Amounts payable after more than one year | 17 | €619,897 | €1,019,551 | +€399,654 | +64.5% |
| Financial debts | 170/4 | €619,897 | €1,019,551 | +€399,654 | +64.5% |
| Amounts payable within one year | 42/48 | €1,073,826 | €1,363,619 | +€289,794 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €245,168 | €346,252 | +€101,084 | +41.2% |
| Financial debts | 43 | €105,284 | €110,047 | +€4,763 | +4.5% |
| Credit institutions | 430/8 | €105,284 | €110,047 | +€4,763 | +4.5% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €688,209 | €859,293 | +€171,084 | +24.9% |
| Suppliers | 440/4 | €688,209 | €859,293 | +€171,084 | +24.9% |
| Taxes, remuneration and social security | 45 | €35,165 | €48,029 | +€12,863 | +36.6% |
| Taxes | 450/3 | €5,721 | €4,667 | -€1,054 | -18.4% |
| Remuneration and social security | 454/9 | €29,444 | €43,362 | +€13,918 | +47.3% |
| Accrued charges and deferred income | 492/3 | €2,704 | €1,296 | -€1,407 | -52.0% |
| Non-recurring operating income | 76A | €1,000 | €203,175 | +€202,175 | +20,218% |
| Remuneration, social security and pensions | 62 | €198,149 | €255,635 | +€57,486 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289,888 | €326,184 | +€36,297 | +12.5% |
| Other operating charges | 640/8 | €10,243 | €4,274 | -€5,969 | -58.3% |
| Non-recurring operating charges | 66A | €2,288 | €5,591 | +€3,303 | +144% |
| Gross operating margin | 9900 | €595,638 | €674,229 | +€78,591 | +13.2% |
| Operating profit (loss) | 9901 | €95,070 | €82,544 | -€12,526 | -13.2% |
| Financial income | 75/76B | €1,886 | €1,010 | -€876 | -46.4% |
| Recurring financial income | 75 | €1,886 | €1,010 | -€876 | -46.4% |
| Financial charges | 65/66B | €28,101 | €39,874 | +€11,773 | +41.9% |
| Recurring financial charges | 65 | €28,101 | €39,874 | +€11,773 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €68,855 | €43,680 | -€25,175 | -36.6% |
| Income taxes | 67/77 | €14,146 | €423 | -€13,723 | -97.0% |
| Profit (loss) for the period | 9904 | €54,709 | €43,256 | -€11,453 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,709 | €43,256 | -€11,453 | -20.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.