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Godspear Games: what changed

You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.

What changed

Godspear Games

BE 0774.460.371
NACE 58.210, Publishing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€23,803
2024 · €7,509-€31,313
Equity
€1,562
2024 · €25,366-€23,803
Cash
€13,787
2024 · €56,344-€42,556
Balance sheet total
€44,971
2024 · €60,446-€15,475

Largest movements

2024 to 2025
Assets
  • Cash -€42,556

    down €42,556 (-75.5%), from €56,344 to €13,787

    mainly Receivables within one year (-€25,379) and Net result for the year (-€23,803)

  • Receivables within one year +€25,379

    up €25,379 (+802%), from €3,163 to €28,542

    of which Trade receivables: +€25,573

  • Intangible fixed assets +€1,928

    new in 2025: €1,928

Equity and liabilities
  • Profit (loss) carried forward -€23,803

    down €23,803, from €20,366 to -€3,438

  • Tax, wage and social debts +€17,666

    up €17,666 (+1,323%), from €1,335 to €19,001

    of which Remuneration and social security: +€12,385

  • Other debts -€9,818

    down €9,818 (-29.9%), from €32,880 to €23,062

Income statement
  • Staff costs +€28,516

    up €28,516 (+368%), from €7,760 to €36,276

  • Gross operating margin -€6,404

    down €6,404 (-31.8%), from €20,165 to €13,761

  • Taxes -€2,122

    no longer reported in 2025 (was €2,122)

  • Depreciation -€1,057

    down €1,057 (-50.6%), from €2,089 to €1,032

  • Other operating charges -€474

    no longer reported in 2025 (was €474)

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 €7,509
Gross operating margin -€6,404
Staff costs -€28,516
Depreciation +€1,057
Other operating charges +€474
Financial income +€38
Financial charges -€83
Taxes +€2,122
Result 2025 -€23,803
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations -€40,146
Investment -€2,410
Financing €0
Cash 2024 €56,344
Net result for the year -€23,803
Depreciation +€1,032
Receivables within one year -€25,379
Deferred charges and accrued income -€325
Trade debts +€481
Tax, wage and social debts +€17,666
Other debts -€9,818
Investment in fixed assets (net) -€2,410
Cash 2025 €13,787
brings cash intakes cash out
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €60,446 €44,971 -€15,475 -25.6%
Fixed assets 21/28 €939 €2,316 +€1,378 +147%
Intangible fixed assets 21 - €1,928 +€1,928
Tangible fixed assets 22/27 €550 - -€550
Furniture and vehicles 24 €550 - -€550
Financial fixed assets 28 €388 €388 = 0.0%
Current assets 29/58 €59,507 €42,655 -€16,852 -28.3%
Amounts receivable within one year 40/41 €3,163 €28,542 +€25,379 +802%
Trade receivables 40 €2,969 €28,542 +€25,573 +861%
Other amounts receivable 41 €194 - -€194
Cash at bank and in hand 54/58 €56,344 €13,787 -€42,556 -75.5%
Deferred charges and accrued income 490/1 - €325 +€325
Total equity and liabilities 10/49 €60,446 €44,971 -€15,475 -25.6%
Equity 10/15 €25,366 €1,562 -€23,803 -93.8%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €20,366 -€3,438 -€23,803
Amounts payable 17/49 €35,080 €43,409 +€8,329 +23.7%
Amounts payable within one year 42/48 €35,080 €43,409 +€8,329 +23.7%
Trade debts 44 €865 €1,346 +€481 +55.6%
Suppliers 440/4 €865 €1,346 +€481 +55.6%
Taxes, remuneration and social security 45 €1,335 €19,001 +€17,666 +1,323%
Taxes 450/3 €1,335 €6,616 +€5,281 +396%
Remuneration and social security 454/9 - €12,385 +€12,385
Other amounts payable 47/48 €32,880 €23,062 -€9,818 -29.9%
Remuneration, social security and pensions 62 €7,760 €36,276 +€28,516 +368%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,089 €1,032 -€1,057 -50.6%
Other operating charges 640/8 €474 - -€474
Gross operating margin 9900 €20,165 €13,761 -€6,404 -31.8%
Operating profit (loss) 9901 €9,842 -€23,547 -€33,389
Financial income 75/76B €0 €38 +€38 +376,200%
Recurring financial income 75 €0 €38 +€38 +376,200%
Non-recurring financial income 76B €0 - -€0
Financial charges 65/66B €211 €294 +€83 +39.5%
Recurring financial charges 65 €211 €294 +€83 +39.5%
Profit (loss) for the period before taxes 9903 €9,631 -€23,803 -€33,435
Income taxes 67/77 €2,122 - -€2,122
Profit (loss) for the period 9904 €7,509 -€23,803 -€31,313
Profit (loss) for the period to be appropriated 9905 €7,509 -€23,803 -€31,313

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.