Goe beestig: 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.
Goe beestig
Largest movements
- Tangible fixed assets -€175,639
down €175,639 (-13.3%), from €1.3m to €1.1m
of which Other tangible fixed assets: -€137,286
- Profit (loss) carried forward -€275,282
down €275,282 (-61.7%), from -€445,858 to -€721,140
- Trade debts +€76,369
up €76,369 (+56.8%), from €134,543 to €210,911
- Debts after one year -€64,305
down €64,305 (-7.4%), from €864,412 to €800,107
- Other debts +€34,200
up €34,200 (+30.5%), from €112,136 to €146,336
- Staff costs +€36,098
up €36,098 (+19.5%), from €185,373 to €221,471
- Gross operating margin +€20,319
up €20,319 (+11.6%), from €175,915 to €196,234
- Other operating charges +€14,457
up €14,457 (+82.5%), from €17,526 to €31,983
- Depreciation +€14,226
up €14,226 (+8.7%), from €163,875 to €178,101
- Financial charges -€10,671
down €10,671 (-20.8%), from €51,190 to €40,519
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,713,849 | €1,508,621 | -€205,228 | -12.0% |
| Fixed assets | 21/28 | €1,325,023 | €1,149,384 | -€175,639 | -13.3% |
| Tangible fixed assets | 22/27 | €1,325,023 | €1,149,384 | -€175,639 | -13.3% |
| Plant, machinery and equipment | 23 | €157,417 | €119,065 | -€38,353 | -24.4% |
| Other tangible fixed assets | 26 | €1,167,605 | €1,030,319 | -€137,286 | -11.8% |
| Current assets | 29/58 | €388,826 | €359,237 | -€29,589 | -7.6% |
| Stocks and contracts in progress | 3 | €360,150 | €344,901 | -€15,250 | -4.2% |
| Stocks | 30/36 | €360,150 | €344,901 | -€15,250 | -4.2% |
| Amounts receivable within one year | 40/41 | - | €2 | +€2 | |
| Trade receivables | 40 | - | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | €26,679 | €12,775 | -€13,904 | -52.1% |
| Deferred charges and accrued income | 490/1 | €1,997 | €1,559 | -€437 | -21.9% |
| Total equity and liabilities | 10/49 | €1,713,849 | €1,508,621 | -€205,228 | -12.0% |
| Equity | 10/15 | €356,132 | €80,850 | -€275,282 | -77.3% |
| Contributions | 10/11 | €801,990 | €801,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€445,858 | -€721,140 | -€275,282 | -61.7% |
| Amounts payable | 17/49 | €1,357,716 | €1,427,771 | +€70,054 | +5.2% |
| Amounts payable after more than one year | 17 | €864,412 | €800,107 | -€64,305 | -7.4% |
| Financial debts | 170/4 | €864,412 | €800,107 | -€64,305 | -7.4% |
| Amounts payable within one year | 42/48 | €493,304 | €623,226 | +€129,922 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €212,219 | €214,305 | +€2,086 | +1.0% |
| Trade debts | 44 | €134,543 | €210,911 | +€76,369 | +56.8% |
| Suppliers | 440/4 | €134,543 | €210,911 | +€76,369 | +56.8% |
| Advances received on contracts in progress | 46 | - | €1,810 | +€1,810 | |
| Taxes, remuneration and social security | 45 | €34,407 | €49,864 | +€15,457 | +44.9% |
| Taxes | 450/3 | €9,790 | €14,852 | +€5,061 | +51.7% |
| Remuneration and social security | 454/9 | €24,617 | €35,013 | +€10,396 | +42.2% |
| Other amounts payable | 47/48 | €112,136 | €146,336 | +€34,200 | +30.5% |
| Accrued charges and deferred income | 492/3 | - | €4,437 | +€4,437 | |
| Remuneration, social security and pensions | 62 | €185,373 | €221,471 | +€36,098 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,875 | €178,101 | +€14,226 | +8.7% |
| Other operating charges | 640/8 | €17,526 | €31,983 | +€14,457 | +82.5% |
| Gross operating margin | 9900 | €175,915 | €196,234 | +€20,319 | +11.6% |
| Operating profit (loss) | 9901 | -€190,860 | -€235,322 | -€44,462 | -23.3% |
| Financial income | 75/76B | €1,717 | €559 | -€1,158 | -67.5% |
| Recurring financial income | 75 | €1,717 | €559 | -€1,158 | -67.5% |
| Financial charges | 65/66B | €51,190 | €40,519 | -€10,671 | -20.8% |
| Recurring financial charges | 65 | €51,190 | €40,519 | -€10,671 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€240,333 | -€275,282 | -€34,949 | -14.5% |
| Profit (loss) for the period | 9904 | -€240,333 | -€275,282 | -€34,949 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€240,333 | -€275,282 | -€34,949 | -14.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.