GODINRY: 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.
GODINRY
Largest movements
- Receivables within one year -€31,081
down €31,081 (-61.7%), from €50,393 to €19,312
of which Trade receivables: -€31,081
- Tangible fixed assets +€6,903
up €6,903 (+1.3%), from €524,867 to €531,770
of which Land and buildings: +€20,060
- Trade debts -€29,459
down €29,459 (-64.6%), from €45,579 to €16,121
- Debts after one year +€7,758
up €7,758 (+3.0%), from €256,143 to €263,901
of which Financial debts: +€7,758
- Gross operating margin -€6,803
down €6,803 (-12.4%), from €54,707 to €47,905
- Depreciation +€3,705
up €3,705 (+12.6%), from €29,402 to €33,107
- Taxes -€3,134
down €3,134 (-97.5%), from €3,215 to €80
- Financial charges +€1,769
up €1,769 (+18.8%), from €9,408 to €11,177
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 | €597,940 | €577,726 | -€20,213 | -3.4% |
| Fixed assets | 21/28 | €524,867 | €531,770 | +€6,903 | +1.3% |
| Tangible fixed assets | 22/27 | €524,867 | €531,770 | +€6,903 | +1.3% |
| Land and buildings | 22 | €460,611 | €480,671 | +€20,060 | +4.4% |
| Plant, machinery and equipment | 23 | €29,987 | €26,149 | -€3,838 | -12.8% |
| Furniture and vehicles | 24 | €24,269 | €14,950 | -€9,319 | -38.4% |
| Assets under construction and advance payments | 27 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €73,073 | €45,956 | -€27,117 | -37.1% |
| Stocks and contracts in progress | 3 | €800 | €3,800 | +€3,000 | +375.0% |
| Stocks | 30/36 | €800 | €3,800 | +€3,000 | +375.0% |
| Amounts receivable within one year | 40/41 | €50,393 | €19,312 | -€31,081 | -61.7% |
| Trade receivables | 40 | €48,608 | €17,527 | -€31,081 | -63.9% |
| Other amounts receivable | 41 | €1,785 | €1,785 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,070 | €21,479 | +€408 | +1.9% |
| Deferred charges and accrued income | 490/1 | €809 | €1,365 | +€556 | +68.8% |
| Total equity and liabilities | 10/49 | €597,940 | €577,726 | -€20,213 | -3.4% |
| Equity | 10/15 | €204,138 | €205,092 | +€954 | +0.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €39,999 | €39,999 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €37,999 | €37,999 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,139 | €145,094 | +€954 | +0.7% |
| Amounts payable | 17/49 | €393,802 | €372,634 | -€21,168 | -5.4% |
| Amounts payable after more than one year | 17 | €256,143 | €263,901 | +€7,758 | +3.0% |
| Financial debts | 170/4 | €216,143 | €223,901 | +€7,758 | +3.6% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €137,586 | €108,660 | -€28,925 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €22,581 | €22,335 | -€246 | -1.1% |
| Trade debts | 44 | €45,579 | €16,121 | -€29,459 | -64.6% |
| Suppliers | 440/4 | €45,579 | €16,121 | -€29,459 | -64.6% |
| Taxes, remuneration and social security | 45 | €4,784 | €4,431 | -€353 | -7.4% |
| Taxes | 450/3 | €4,784 | €4,431 | -€353 | -7.4% |
| Other amounts payable | 47/48 | €64,642 | €65,775 | +€1,133 | +1.8% |
| Accrued charges and deferred income | 492/3 | €73 | €73 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,402 | €33,107 | +€3,705 | +12.6% |
| Other operating charges | 640/8 | €2,629 | €2,586 | -€43 | -1.6% |
| Gross operating margin | 9900 | €54,707 | €47,905 | -€6,803 | -12.4% |
| Operating profit (loss) | 9901 | €22,676 | €12,212 | -€10,465 | -46.1% |
| Financial income | 75/76B | €15 | €0 | -€15 | -100.0% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -100.0% |
| Financial charges | 65/66B | €9,408 | €11,177 | +€1,769 | +18.8% |
| Recurring financial charges | 65 | €9,408 | €11,177 | +€1,769 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €13,284 | €1,035 | -€12,249 | -92.2% |
| Income taxes | 67/77 | €3,215 | €80 | -€3,134 | -97.5% |
| Profit (loss) for the period | 9904 | €10,069 | €954 | -€9,115 | -90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,069 | €954 | -€9,115 | -90.5% |
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 6 October 2026 via checked.be.