GODFATHER: 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.
GODFATHER
Largest movements
- Receivables within one year +€5,725
up €5,725 (+2,039%), from €281 to €6,005
of which Trade receivables: +€5,732
- Cash -€1,969
down €1,969 (-85.6%), from €2,299 to €330
- Tangible fixed assets -€319
down €319 (-25.0%), from €1,275 to €956
- Profit (loss) carried forward -€42,756
down €42,756 (-181%), from -€23,670 to -€66,426
- Other debts +€36,463
up €36,463 (+253%), from €14,435 to €50,898
- Advances received +€5,640
new in 2025: €5,640
- Tax, wage and social debts +€5,121
up €5,121 (+46.6%), from €10,982 to €16,103
of which Remuneration and social security: +€9,407
- Trade debts -€1,031
down €1,031 (-53.8%), from €1,916 to €885
- Gross operating margin +€4,020
up €4,020 (+24.0%), from -€16,760 to -€12,741
- Staff costs -€2,628
no longer reported in 2025 (was €2,628)
- Other operating charges +€308
up €308 (+134%), from €230 to €538
From the 2023 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
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 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,854 | €7,291 | +€3,437 | +89.2% |
| Fixed assets | 21/28 | €1,275 | €956 | -€319 | -25.0% |
| Tangible fixed assets | 22/27 | €1,275 | €956 | -€319 | -25.0% |
| Plant, machinery and equipment | 23 | €1,275 | €956 | -€319 | -25.0% |
| Current assets | 29/58 | €2,579 | €6,335 | +€3,756 | +146% |
| Amounts receivable within one year | 40/41 | €281 | €6,005 | +€5,725 | +2,039% |
| Trade receivables | 40 | - | €5,732 | +€5,732 | |
| Other amounts receivable | 41 | €281 | €273 | -€7 | -2.6% |
| Cash at bank and in hand | 54/58 | €2,299 | €330 | -€1,969 | -85.6% |
| Total equity and liabilities | 10/49 | €3,854 | €7,291 | +€3,437 | +89.2% |
| Equity | 10/15 | -€23,479 | -€66,234 | -€42,756 | -182% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €92 | €92 | = | 0.0% |
| Non-distributable reserves | 130/1 | €92 | €92 | = | 0.0% |
| Reserves not available under the articles | 1311 | €92 | €92 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,670 | -€66,426 | -€42,756 | -181% |
| Amounts payable | 17/49 | €27,333 | €73,526 | +€46,193 | +169% |
| Amounts payable within one year | 42/48 | €27,333 | €73,526 | +€46,193 | +169% |
| Trade debts | 44 | €1,916 | €885 | -€1,031 | -53.8% |
| Suppliers | 440/4 | €1,916 | €885 | -€1,031 | -53.8% |
| Advances received on contracts in progress | 46 | - | €5,640 | +€5,640 | |
| Taxes, remuneration and social security | 45 | €10,982 | €16,103 | +€5,121 | +46.6% |
| Taxes | 450/3 | €4,447 | €161 | -€4,286 | -96.4% |
| Remuneration and social security | 454/9 | €6,536 | €15,942 | +€9,407 | +144% |
| Other amounts payable | 47/48 | €14,435 | €50,898 | +€36,463 | +253% |
| Remuneration, social security and pensions | 62 | €2,628 | - | -€2,628 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €319 | = | 0.0% |
| Other operating charges | 640/8 | €230 | €538 | +€308 | +134% |
| Gross operating margin | 9900 | -€16,760 | -€12,741 | +€4,020 | +24.0% |
| Operating profit (loss) | 9901 | -€19,937 | -€13,597 | +€6,340 | +31.8% |
| Financial charges | 65/66B | €70 | €75 | +€6 | +8.0% |
| Recurring financial charges | 65 | €70 | €75 | +€6 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,007 | -€13,673 | +€6,334 | +31.7% |
| Profit (loss) for the period | 9904 | -€20,007 | -€13,673 | +€6,334 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,007 | -€13,673 | +€6,334 | +31.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.