GODIREAL: 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.
GODIREAL
Largest movements
- Cash +€28,348
up €28,348 (+174%), from €16,253 to €44,600
mainly Net result for the year (+€29,283) and Tax, wage and social debts (+€10,377)
- Tangible fixed assets -€4,530
down €4,530 (-24.1%), from €18,795 to €14,265
of which Furniture and vehicles: -€4,365
- Deferred charges and accrued income -€1,350
no longer reported in 2025 (was €1,350)
- Reserves +€24,283
new in 2025: €24,283
- Trade debts -€17,757
down €17,757 (-98.9%), from €17,953 to €195
- Tax, wage and social debts +€10,377
up €10,377 (+302%), from €3,431 to €13,808
of which Remuneration and social security: +€7,628
- Other debts +€5,122
up €5,122 (+14,461%), from €35 to €5,158
- Gross operating margin +€17,698
up €17,698 (+72.1%), from €24,560 to €42,258
- Taxes +€2,749
up €2,749 (+80.1%), from €3,431 to €6,180
- Depreciation -€1,449
down €1,449 (-18.0%), from €8,048 to €6,599
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.
Derived cash bridge
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 | €38,063 | €60,088 | +€22,025 | +57.9% |
| Fixed assets | 21/28 | €18,795 | €14,265 | -€4,530 | -24.1% |
| Tangible fixed assets | 22/27 | €18,795 | €14,265 | -€4,530 | -24.1% |
| Plant, machinery and equipment | 23 | €372 | €207 | -€165 | -44.3% |
| Furniture and vehicles | 24 | €18,422 | €14,057 | -€4,365 | -23.7% |
| Current assets | 29/58 | €19,268 | €45,823 | +€26,555 | +138% |
| Amounts receivable within one year | 40/41 | €1,666 | €1,223 | -€443 | -26.6% |
| Trade receivables | 40 | €238 | €238 | = | 0.0% |
| Other amounts receivable | 41 | €1,428 | €985 | -€443 | -31.0% |
| Cash at bank and in hand | 54/58 | €16,253 | €44,600 | +€28,348 | +174% |
| Deferred charges and accrued income | 490/1 | €1,350 | - | -€1,350 | |
| Total equity and liabilities | 10/49 | €38,063 | €60,088 | +€22,025 | +57.9% |
| Equity | 10/15 | €16,644 | €40,927 | +€24,283 | +146% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €4,000 | +€4,000 | |
| Other | 1109/19 | - | €4,000 | +€4,000 | |
| Reserves | 13 | - | €24,283 | +€24,283 | |
| Distributable reserves | 133 | - | €24,283 | +€24,283 | |
| Profit (loss) carried forward | 14 | €12,644 | €12,644 | = | 0.0% |
| Amounts payable | 17/49 | €21,419 | €19,161 | -€2,258 | -10.5% |
| Amounts payable within one year | 42/48 | €21,419 | €19,161 | -€2,258 | -10.5% |
| Trade debts | 44 | €17,953 | €195 | -€17,757 | -98.9% |
| Suppliers | 440/4 | €17,953 | €195 | -€17,757 | -98.9% |
| Taxes, remuneration and social security | 45 | €3,431 | €13,808 | +€10,377 | +302% |
| Taxes | 450/3 | €3,431 | €6,180 | +€2,749 | +80.1% |
| Remuneration and social security | 454/9 | - | €7,628 | +€7,628 | |
| Other amounts payable | 47/48 | €35 | €5,158 | +€5,122 | +14,461% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,048 | €6,599 | -€1,449 | -18.0% |
| Other operating charges | 640/8 | €396 | €149 | -€247 | -62.4% |
| Gross operating margin | 9900 | €24,560 | €42,258 | +€17,698 | +72.1% |
| Operating profit (loss) | 9901 | €16,116 | €35,511 | +€19,395 | +120% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.5% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.5% |
| Financial charges | 65/66B | €45 | €47 | +€2 | +5.2% |
| Recurring financial charges | 65 | €45 | €47 | +€2 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €16,075 | €35,463 | +€19,389 | +121% |
| Income taxes | 67/77 | €3,431 | €6,180 | +€2,749 | +80.1% |
| Profit (loss) for the period | 9904 | €12,644 | €29,283 | +€16,639 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €12,644 | €29,283 | +€16,639 | +132% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.