GODI: 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.
GODI
Largest movements
- Receivables within one year +€9,130
up €9,130 (+10.8%), from €84,759 to €93,889
of which Trade receivables: +€12,536
- Tangible fixed assets -€5,658
no longer reported in 2025 (was €5,658)
- Cash +€4,268
up €4,268 (+2.0%), from €217,543 to €221,811
mainly Other debts (+€38,308) and Depreciation (+€5,658)
- Other debts +€38,308
up €38,308 (+33.4%), from €114,723 to €153,031
- Trade debts -€24,993
down €24,993 (-99.3%), from €25,163 to €170
- Tax, wage and social debts -€5,241
down €5,241 (-23.8%), from €22,039 to €16,798
of which Remuneration and social security: -€8,635
- Gross operating margin -€2,192
down €2,192 (-5.2%), from €41,946 to €39,754
- Staff costs +€1,372
up €1,372 (+4.7%), from €29,193 to €30,565
- Financial income +€1,096
up €1,096 (+4446.1%), from €25 to €1,121
- Other operating charges +€501
up €501 (+81.0%), from €618 to €1,119
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 | €323,117 | €332,860 | +€9,743 | +3.0% |
| Fixed assets | 21/28 | €5,658 | - | -€5,658 | |
| Tangible fixed assets | 22/27 | €5,658 | - | -€5,658 | |
| Furniture and vehicles | 24 | €5,658 | - | -€5,658 | |
| Current assets | 29/58 | €317,460 | €332,860 | +€15,400 | +4.9% |
| Amounts receivable within one year | 40/41 | €84,759 | €93,889 | +€9,130 | +10.8% |
| Trade receivables | 40 | €54,100 | €66,636 | +€12,536 | +23.2% |
| Other amounts receivable | 41 | €30,659 | €27,253 | -€3,406 | -11.1% |
| Current investments | 50/53 | €13,498 | €13,498 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €217,543 | €221,811 | +€4,268 | +2.0% |
| Deferred charges and accrued income | 490/1 | €1,660 | €3,662 | +€2,002 | +120.6% |
| Total equity and liabilities | 10/49 | €323,117 | €332,860 | +€9,743 | +3.0% |
| Equity | 10/15 | €161,192 | €162,860 | +€1,669 | +1.0% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €112,718 | €112,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €109,000 | €109,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,289 | €12,958 | +€1,669 | +14.8% |
| Amounts payable | 17/49 | €161,926 | €169,999 | +€8,074 | +5.0% |
| Amounts payable within one year | 42/48 | €161,926 | €169,999 | +€8,074 | +5.0% |
| Trade debts | 44 | €25,163 | €170 | -€24,993 | -99.3% |
| Suppliers | 440/4 | €25,163 | €170 | -€24,993 | -99.3% |
| Taxes, remuneration and social security | 45 | €22,039 | €16,798 | -€5,241 | -23.8% |
| Taxes | 450/3 | €3,998 | €7,392 | +€3,394 | +84.9% |
| Remuneration and social security | 454/9 | €18,041 | €9,406 | -€8,635 | -47.9% |
| Other amounts payable | 47/48 | €114,723 | €153,031 | +€38,308 | +33.4% |
| Remuneration, social security and pensions | 62 | €29,193 | €30,565 | +€1,372 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,817 | €5,658 | -€159 | -2.7% |
| Other operating charges | 640/8 | €618 | €1,119 | +€501 | +81.0% |
| Gross operating margin | 9900 | €41,946 | €39,754 | -€2,192 | -5.2% |
| Operating profit (loss) | 9901 | €6,318 | €2,412 | -€3,906 | -61.8% |
| Financial income | 75/76B | €25 | €1,121 | +€1,096 | +4446.1% |
| Recurring financial income | 75 | €25 | €1,121 | +€1,096 | +4446.1% |
| Financial charges | 65/66B | €68 | €259 | +€192 | +282.6% |
| Recurring financial charges | 65 | €68 | €259 | +€192 | +282.6% |
| Profit (loss) for the period before taxes | 9903 | €6,275 | €3,274 | -€3,001 | -47.8% |
| Income taxes | 67/77 | €1,496 | €1,605 | +€109 | +7.3% |
| Profit (loss) for the period | 9904 | €4,779 | €1,669 | -€3,110 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,779 | €1,669 | -€3,110 | -65.1% |
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 4 October 2026 via checked.be.