Godrie Projects: 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.
Godrie Projects
Largest movements
- Deferred charges and accrued income +€494,407
up €494,407 (+11577.0%), from €4,271 to €498,677
- Stocks and contracts -€415,028
down €415,028 (-94.8%), from €437,874 to €22,846
- Receivables within one year -€89,667
down €89,667 (-93.8%), from €95,547 to €5,879
of which Other amounts receivable: -€48,877
- Cash +€27,700
up €27,700 (+720.5%), from €3,844 to €31,544
mainly Stocks and contracts (+€415,028) and Debts after one year (+€94,468)
- Tangible fixed assets -€9,764
down €9,764 (-48.0%), from €20,336 to €10,571
of which Furniture and vehicles: -€9,100
- Current portion of long-term debt -€169,930
down €169,930 (-27.6%), from €615,462 to €445,532
- Debts after one year +€94,468
up €94,468 (+1575.4%), from €5,996 to €100,464
- Profit (loss) carried forward +€47,536
up €47,536 (+40.4%), from -€117,626 to -€70,090
- Other debts +€44,944
new in 2025: €44,944
- Trade debts -€10,388
down €10,388 (-37.9%), from €27,433 to €17,045
- Gross operating margin +€135,441
up €135,441, from -€13,211 to €122,231
- Other operating charges +€23,014
up €23,014 (+2417.4%), from €952 to €23,966
- Financial charges +€7,097
up €7,097 (+20.8%), from €34,094 to €41,191
- Financial income -€2,305
down €2,305 (-91.1%), from €2,531 to €226
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 | €561,871 | €570,084 | +€8,213 | +1.5% |
| Fixed assets | 21/28 | €20,336 | €11,137 | -€9,198 | -45.2% |
| Tangible fixed assets | 22/27 | €20,336 | €10,571 | -€9,764 | -48.0% |
| Land and buildings | 22 | €664 | - | -€664 | |
| Furniture and vehicles | 24 | €19,672 | €10,571 | -€9,100 | -46.3% |
| Financial fixed assets | 28 | - | €566 | +€566 | |
| Current assets | 29/58 | €541,535 | €558,947 | +€17,411 | +3.2% |
| Stocks and contracts in progress | 3 | €437,874 | €22,846 | -€415,028 | -94.8% |
| Stocks | 30/36 | €437,874 | €22,846 | -€415,028 | -94.8% |
| Amounts receivable within one year | 40/41 | €95,547 | €5,879 | -€89,667 | -93.8% |
| Trade receivables | 40 | €46,669 | €5,879 | -€40,790 | -87.4% |
| Other amounts receivable | 41 | €48,877 | - | -€48,877 | |
| Cash at bank and in hand | 54/58 | €3,844 | €31,544 | +€27,700 | +720.5% |
| Deferred charges and accrued income | 490/1 | €4,271 | €498,677 | +€494,407 | +11577.0% |
| Total equity and liabilities | 10/49 | €561,871 | €570,084 | +€8,213 | +1.5% |
| Equity | 10/15 | -€89,251 | -€41,715 | +€47,536 | +53.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €9,825 | €9,825 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €7,970 | €7,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,626 | -€70,090 | +€47,536 | +40.4% |
| Amounts payable | 17/49 | €651,122 | €611,799 | -€39,322 | -6.0% |
| Amounts payable after more than one year | 17 | €5,996 | €100,464 | +€94,468 | +1575.4% |
| Financial debts | 170/4 | €5,996 | €100,464 | +€94,468 | +1575.4% |
| Amounts payable within one year | 42/48 | €645,125 | €507,691 | -€137,435 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €615,462 | €445,532 | -€169,930 | -27.6% |
| Trade debts | 44 | €27,433 | €17,045 | -€10,388 | -37.9% |
| Suppliers | 440/4 | €27,433 | €17,045 | -€10,388 | -37.9% |
| Taxes, remuneration and social security | 45 | €2,230 | €170 | -€2,061 | -92.4% |
| Taxes | 450/3 | €2,230 | €170 | -€2,061 | -92.4% |
| Other amounts payable | 47/48 | - | €44,944 | +€44,944 | |
| Accrued charges and deferred income | 492/3 | - | €3,644 | +€3,644 | |
| Non-recurring operating income | 76A | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,783 | €9,764 | -€19 | -0.2% |
| Other operating charges | 640/8 | €952 | €23,966 | +€23,014 | +2417.4% |
| Gross operating margin | 9900 | -€13,211 | €122,231 | +€135,441 | |
| Operating profit (loss) | 9901 | -€23,946 | €88,500 | +€112,446 | |
| Financial income | 75/76B | €2,531 | €226 | -€2,305 | -91.1% |
| Recurring financial income | 75 | €2,531 | €226 | -€2,305 | -91.1% |
| Financial charges | 65/66B | €34,094 | €41,191 | +€7,097 | +20.8% |
| Recurring financial charges | 65 | €34,094 | €41,191 | +€7,097 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | -€55,509 | €47,536 | +€103,044 | |
| Profit (loss) for the period | 9904 | -€55,509 | €47,536 | +€103,044 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,509 | €47,536 | +€103,044 |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.