GODERIS WILLY: what changed
Two fiscal 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.
GODERIS WILLY
Largest movements
- Receivables within one year -€56,591
down €56,591 (-64.9%), from €87,238 to €30,647
of which Trade receivables: -€61,174
- Tangible fixed assets -€13,675
down €13,675 (-7.5%), from €183,484 to €169,810
of which Furniture and vehicles: -€9,475
- Cash +€9,416
up €9,416 (+156.1%), from €6,031 to €15,447
mainly Receivables within one year (+€56,591) and Depreciation (+€16,001)
- Trade debts -€28,783
down €28,783 (-69.3%), from €41,519 to €12,737
- Short-term financial debts -€23,030
down €23,030 (-100.0%), from €23,030 to €0
- Revaluation surpluses -€6,320
down €6,320 (-5.1%), from €124,981 to €118,661
- Gross operating margin -€5,711
down €5,711 (-22.6%), from €25,237 to €19,526
- Financial charges -€1,609
down €1,609 (-43.8%), from €3,677 to €2,067
- Taxes -€1,373
down €1,373 (-73.3%), from €1,872 to €499
- Financial income -€358
down €358 (-99.8%), from €358 to €1
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.
Cash bridge derived
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 | €333,299 | €271,486 | -€61,813 | -18.5% |
| Fixed assets | 21/28 | €183,734 | €170,060 | -€13,675 | -7.4% |
| Tangible fixed assets | 22/27 | €183,484 | €169,810 | -€13,675 | -7.5% |
| Land and buildings | 22 | €160,875 | €154,475 | -€6,400 | -4.0% |
| Plant, machinery and equipment | 23 | - | €2,201 | +€2,201 | |
| Furniture and vehicles | 24 | €22,609 | €13,134 | -€9,475 | -41.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €149,565 | €101,427 | -€48,138 | -32.2% |
| Stocks and contracts in progress | 3 | €51,916 | €50,810 | -€1,106 | -2.1% |
| Stocks | 30/36 | €51,916 | €50,810 | -€1,106 | -2.1% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €87,238 | €30,647 | -€56,591 | -64.9% |
| Trade receivables | 40 | €83,191 | €22,016 | -€61,174 | -73.5% |
| Other amounts receivable | 41 | €4,047 | €8,630 | +€4,583 | +113.3% |
| Cash at bank and in hand | 54/58 | €6,031 | €15,447 | +€9,416 | +156.1% |
| Deferred charges and accrued income | 490/1 | €4,380 | €4,523 | +€143 | +3.3% |
| Total equity and liabilities | 10/49 | €333,299 | €271,486 | -€61,813 | -18.5% |
| Equity | 10/15 | €249,635 | €244,085 | -€5,551 | -2.2% |
| Contributions | 10/11 | €20,500 | €20,500 | = | 0.0% |
| Revaluation surpluses | 12 | €124,981 | €118,661 | -€6,320 | -5.1% |
| Reserves | 13 | €104,154 | €104,924 | +€770 | +0.7% |
| Tax-exempt reserves | 132 | €142 | €142 | = | 0.0% |
| Distributable reserves | 133 | €104,012 | €104,782 | +€770 | +0.7% |
| Amounts payable | 17/49 | €83,664 | €27,402 | -€56,262 | -67.2% |
| Amounts payable after more than one year | 17 | €3,098 | €0 | -€3,098 | -100.0% |
| Financial debts | 170/4 | €3,098 | €0 | -€3,098 | -100.0% |
| Amounts payable within one year | 42/48 | €79,231 | €26,459 | -€52,772 | -66.6% |
| Current portion of amounts payable after more than one year | 42 | €4,590 | €3,098 | -€1,491 | -32.5% |
| Financial debts | 43 | €23,030 | €0 | -€23,030 | -100.0% |
| Credit institutions | 430/8 | €23,030 | €0 | -€23,030 | -100.0% |
| Trade debts | 44 | €41,519 | €12,737 | -€28,783 | -69.3% |
| Suppliers | 440/4 | €41,519 | €12,737 | -€28,783 | -69.3% |
| Taxes, remuneration and social security | 45 | €0 | €533 | +€533 | |
| Taxes | 450/3 | €0 | €533 | +€533 | |
| Other amounts payable | 47/48 | €10,092 | €10,092 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,335 | €942 | -€392 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,172 | €16,001 | -€171 | -1.1% |
| Other operating charges | 640/8 | €6,588 | €6,509 | -€79 | -1.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €25,237 | €19,526 | -€5,711 | -22.6% |
| Operating profit (loss) | 9901 | €2,477 | -€2,985 | -€5,462 | |
| Financial income | 75/76B | €358 | €1 | -€358 | -99.8% |
| Recurring financial income | 75 | €358 | €1 | -€358 | -99.8% |
| Financial charges | 65/66B | €3,677 | €2,067 | -€1,609 | -43.8% |
| Recurring financial charges | 65 | €3,677 | €2,067 | -€1,609 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | -€841 | -€5,051 | -€4,210 | -500.4% |
| Income taxes | 67/77 | €1,872 | €499 | -€1,373 | -73.3% |
| Profit (loss) for the period | 9904 | -€2,713 | -€5,551 | -€2,837 | -104.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,713 | -€5,551 | -€2,837 | -104.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.