GOED TER GEEST: 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.
What changed
GOED TER GEEST
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€109,701
2024 · €11,785-€121,486
Equity
€714,866
2024 · €1.1m-€413,299
Cash
€15,198
2024 · €23,625-€8,427
Balance sheet total
€1.3m
2024 · €1.3m-€10,167
Largest movements
Assets
- Current investments -€134,766
down €134,766 (-14.1%), from €955,438 to €820,672
- Receivables within one year +€129,252
up €129,252 (+206%), from €62,697 to €191,949
of which Other amounts receivable: +€165,481
Equity and liabilities
- Other debts +€349,155
up €349,155 (+1,029%), from €33,942 to €383,098
- Reserves -€320,594
down €320,594 (-31.2%), from €1.0m to €707,571
of which Distributable reserves: -€303,598
- Tax, wage and social debts +€97,205
up €97,205 (+541%), from €17,961 to €115,166
of which Taxes: +€102,986
- Profit (loss) carried forward -€92,705
down €92,705, from €0 to -€92,705
- Debts after one year -€40,000
down €40,000 (-100%), from €40,000 to €0
Income statement
- Gross operating margin +€135,046
up €135,046 (+111%), from €121,144 to €256,190
- Taxes +€98,824
up €98,824 (+968%), from €10,213 to €109,037
- Staff costs -€33,882
down €33,882, from €33,263 to -€619
- Financial charges -€10,066
down €10,066, from €9,262 to -€804
- Financial income +€6,238
up €6,238 (+22.9%), from €27,182 to €33,419
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.
Result 2024
€11,785
Gross operating margin
+€135,046
Staff costs
+€33,882
Depreciation
-€52
Other operating charges
-€636
Other operating items
-€207,204
Financial income
+€6,238
Financial charges
+€10,066
Taxes
-€98,824
Result 2025
-€109,701
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€265,471
Investment
+€69,700
Financing
-€343,598
Cash 2024
€23,625
From operations (derived)
+€265,471
Net result for the year
-€109,701
Depreciation
+€62,795
Receivables within one year
-€129,252
Deferred charges and accrued income
-€1,503
Provisions
-€4,249
Trade debts
+€12,386
Tax, wage and social debts
+€97,205
Other debts
+€349,155
Accrued charges and deferred income
-€11,366
Investment (derived)
+€69,700
Investment in fixed assets (net)
-€65,067
Current investments
+€134,766
Financing
-€343,598
Debts after one year
-€40,000
Contributions, distributions and other
-€303,598
Cash 2025
€15,198
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,262,627 | €1,252,460 | -€10,167 | -0.8% |
| Fixed assets | 21/28 | €208,298 | €210,569 | +€2,271 | +1.1% |
| Tangible fixed assets | 22/27 | €208,298 | €210,569 | +€2,271 | +1.1% |
| Furniture and vehicles | 24 | €58,114 | €103,571 | +€45,458 | +78.2% |
| Other tangible fixed assets | 26 | €150,184 | €106,998 | -€43,186 | -28.8% |
| Current assets | 29/58 | €1,054,330 | €1,041,891 | -€12,439 | -1.2% |
| Amounts receivable within one year | 40/41 | €62,697 | €191,949 | +€129,252 | +206% |
| Trade receivables | 40 | €55,747 | €19,518 | -€36,229 | -65.0% |
| Other amounts receivable | 41 | €6,950 | €172,430 | +€165,481 | +2,381% |
| Current investments | 50/53 | €955,438 | €820,672 | -€134,766 | -14.1% |
| Cash at bank and in hand | 54/58 | €23,625 | €15,198 | -€8,427 | -35.7% |
| Deferred charges and accrued income | 490/1 | €12,569 | €14,072 | +€1,503 | +12.0% |
| Total equity and liabilities | 10/49 | €1,262,627 | €1,252,460 | -€10,167 | -0.8% |
| Equity | 10/15 | €1,128,165 | €714,866 | -€413,299 | -36.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,028,165 | €707,571 | -€320,594 | -31.2% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €81,777 | €64,781 | -€16,996 | -20.8% |
| Distributable reserves | 133 | €936,388 | €632,790 | -€303,598 | -32.4% |
| Profit (loss) carried forward | 14 | €0 | -€92,705 | -€92,705 | |
| Provisions and deferred taxes | 16 | €20,444 | €16,195 | -€4,249 | -20.8% |
| Deferred taxes | 168 | €20,444 | €16,195 | -€4,249 | -20.8% |
| Amounts payable | 17/49 | €114,018 | €521,399 | +€407,381 | +357% |
| Amounts payable after more than one year | 17 | €40,000 | €0 | -€40,000 | -100% |
| Financial debts | 170/4 | €40,000 | €0 | -€40,000 | -100% |
| Amounts payable within one year | 42/48 | €58,551 | €517,297 | +€458,747 | +784% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,647 | €19,033 | +€12,386 | +186% |
| Suppliers | 440/4 | €6,647 | €19,033 | +€12,386 | +186% |
| Taxes, remuneration and social security | 45 | €17,961 | €115,166 | +€97,205 | +541% |
| Taxes | 450/3 | €10,618 | €113,604 | +€102,986 | +970% |
| Remuneration and social security | 454/9 | €7,343 | €1,562 | -€5,781 | -78.7% |
| Other amounts payable | 47/48 | €33,942 | €383,098 | +€349,155 | +1,029% |
| Accrued charges and deferred income | 492/3 | €15,468 | €4,102 | -€11,366 | -73.5% |
| Non-recurring operating income | 76A | €6,150 | €235,857 | +€229,706 | +3,735% |
| Remuneration, social security and pensions | 62 | €33,263 | -€619 | -€33,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,743 | €62,795 | +€52 | +0.1% |
| Other operating charges | 640/8 | €25,309 | €25,945 | +€636 | +2.5% |
| Non-recurring operating charges | 66A | - | €207,204 | +€207,204 | |
| Gross operating margin | 9900 | €121,144 | €256,190 | +€135,046 | +111% |
| Operating profit (loss) | 9901 | -€171 | -€39,136 | -€38,965 | -22,827% |
| Financial income | 75/76B | €27,182 | €33,419 | +€6,238 | +22.9% |
| Recurring financial income | 75 | €27,182 | €33,419 | +€6,238 | +22.9% |
| Financial charges | 65/66B | €9,262 | -€804 | -€10,066 | |
| Recurring financial charges | 65 | €9,262 | -€804 | -€10,066 | |
| Profit (loss) for the period before taxes | 9903 | €17,749 | -€4,913 | -€22,662 | |
| Transfer from deferred taxes | 780 | €4,249 | €4,249 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €10,213 | €109,037 | +€98,824 | +968% |
| Profit (loss) for the period | 9904 | €11,785 | -€109,701 | -€121,486 | |
| Transfer from tax-exempt reserves | 789 | €16,996 | €16,996 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,781 | -€92,705 | -€121,486 |
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 29 October 2026 via checked.be.