GODEFROY CONSULTING: 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.
GODEFROY CONSULTING
Largest movements
- Cash -€211,578
down €211,578 (-48.1%), from €439,895 to €228,317
- Tangible fixed assets -€11,775
down €11,775 (-47.3%), from €24,919 to €13,143
of which Land and buildings: -€10,868
- Deferred charges and accrued income -€8,311
down €8,311 (-32.4%), from €25,641 to €17,329
- Other debts -€183,418
down €183,418 (-98.9%), from €185,510 to €2,093
- Profit (loss) carried forward -€56,227
down €56,227, from €0 to -€56,227
- Gross operating margin -€14,995
down €14,995 (-60.5%), from -€24,789 to -€39,785
- Other operating charges +€2,339
up €2,339 (+67.0%), from €3,492 to €5,832
- Financial income +€1,974
up €1,974 (+1,707%), from €116 to €2,089
- Depreciation -€1,730
down €1,730 (-12.8%), from €13,505 to €11,775
From the 2023 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €495,344 | €260,028 | -€235,316 | -47.5% |
| Fixed assets | 21/28 | €24,998 | €13,223 | -€11,775 | -47.1% |
| Tangible fixed assets | 22/27 | €24,919 | €13,143 | -€11,775 | -47.3% |
| Land and buildings | 22 | €22,528 | €11,660 | -€10,868 | -48.2% |
| Plant, machinery and equipment | 23 | €825 | €670 | -€155 | -18.8% |
| Furniture and vehicles | 24 | €1,218 | €466 | -€752 | -61.8% |
| Other tangible fixed assets | 26 | €347 | €347 | = | 0.0% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €470,346 | €246,805 | -€223,541 | -47.5% |
| Amounts receivable within one year | 40/41 | €4,810 | €1,159 | -€3,651 | -75.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,810 | €1,159 | -€3,651 | -75.9% |
| Cash at bank and in hand | 54/58 | €439,895 | €228,317 | -€211,578 | -48.1% |
| Deferred charges and accrued income | 490/1 | €25,641 | €17,329 | -€8,311 | -32.4% |
| Total equity and liabilities | 10/49 | €495,344 | €260,028 | -€235,316 | -47.5% |
| Equity | 10/15 | €307,277 | €251,050 | -€56,227 | -18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €288,677 | €288,677 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €286,817 | €288,677 | +€1,860 | +0.6% |
| Profit (loss) carried forward | 14 | €0 | -€56,227 | -€56,227 | |
| Amounts payable | 17/49 | €188,067 | €8,978 | -€179,089 | -95.2% |
| Amounts payable within one year | 42/48 | €188,067 | €8,978 | -€179,089 | -95.2% |
| Financial debts | 43 | - | €4,249 | +€4,249 | |
| Other loans | 439 | - | €4,249 | +€4,249 | |
| Trade debts | 44 | €1,337 | €93 | -€1,244 | -93.0% |
| Suppliers | 440/4 | €1,337 | €93 | -€1,244 | -93.0% |
| Taxes, remuneration and social security | 45 | €1,220 | €2,543 | +€1,323 | +108% |
| Taxes | 450/3 | €1,220 | €2,543 | +€1,323 | +108% |
| Other amounts payable | 47/48 | €185,510 | €2,093 | -€183,418 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,505 | €11,775 | -€1,730 | -12.8% |
| Other operating charges | 640/8 | €3,492 | €5,832 | +€2,339 | +67.0% |
| Gross operating margin | 9900 | -€24,789 | -€39,785 | -€14,995 | -60.5% |
| Operating profit (loss) | 9901 | -€41,787 | -€57,392 | -€15,605 | -37.3% |
| Financial income | 75/76B | €116 | €2,089 | +€1,974 | +1,707% |
| Recurring financial income | 75 | €116 | €2,089 | +€1,974 | +1,707% |
| Financial charges | 65/66B | €150 | €196 | +€46 | +30.9% |
| Recurring financial charges | 65 | €150 | €196 | +€46 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | -€41,821 | -€55,499 | -€13,678 | -32.7% |
| Income taxes | 67/77 | €491 | €728 | +€236 | +48.1% |
| Profit (loss) for the period | 9904 | -€42,313 | -€56,227 | -€13,914 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,313 | -€56,227 | -€13,914 | -32.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.