GOED TER LEY: 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.
GOED TER LEY
Largest movements
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Cash +€41,072
up €41,072 (+281%), from €14,599 to €55,671
mainly Current investments (+€50,000) and Depreciation (+€3,917)
- Tangible fixed assets +€7,009
up €7,009 (+46.9%), from €14,950 to €21,959
of which Plant, machinery and equipment: +€3,577
- Receivables within one year +€5,072
up €5,072 (+45.5%), from €11,136 to €16,208
of which Trade receivables: +€2,919
- Trade debts +€3,209
up €3,209 (+456%), from €704 to €3,914
- Gross operating margin -€14,503
down €14,503 (-74.2%), from €19,558 to €5,055
- Taxes -€2,245
down €2,245 (-65.8%), from €3,413 to €1,169
- Financial income +€1,631
up €1,631 (+1,154%), from €141 to €1,772
- Other operating charges +€273
up €273 (+45.9%), from €594 to €866
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 | €92,201 | €95,515 | +€3,314 | +3.6% |
| Fixed assets | 21/28 | €14,950 | €21,959 | +€7,009 | +46.9% |
| Tangible fixed assets | 22/27 | €14,950 | €21,959 | +€7,009 | +46.9% |
| Land and buildings | 22 | €13,445 | €14,944 | +€1,499 | +11.2% |
| Plant, machinery and equipment | 23 | €1,505 | €5,082 | +€3,577 | +238% |
| Furniture and vehicles | 24 | - | €1,933 | +€1,933 | |
| Current assets | 29/58 | €77,251 | €73,556 | -€3,695 | -4.8% |
| Amounts receivable within one year | 40/41 | €11,136 | €16,208 | +€5,072 | +45.5% |
| Trade receivables | 40 | €9,759 | €12,678 | +€2,919 | +29.9% |
| Other amounts receivable | 41 | €1,377 | €3,530 | +€2,153 | +156% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €14,599 | €55,671 | +€41,072 | +281% |
| Deferred charges and accrued income | 490/1 | €1,515 | €1,677 | +€162 | +10.7% |
| Total equity and liabilities | 10/49 | €92,201 | €95,515 | +€3,314 | +3.6% |
| Equity | 10/15 | €87,984 | €88,657 | +€673 | +0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €81,784 | €82,457 | +€673 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €79,924 | €80,597 | +€673 | +0.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,217 | €6,858 | +€2,641 | +62.6% |
| Amounts payable within one year | 42/48 | €4,217 | €6,858 | +€2,641 | +62.6% |
| Trade debts | 44 | €704 | €3,914 | +€3,209 | +456% |
| Suppliers | 440/4 | €704 | €3,914 | +€3,209 | +456% |
| Taxes, remuneration and social security | 45 | €2,003 | €1,155 | -€848 | -42.4% |
| Taxes | 450/3 | €2,003 | €1,155 | -€848 | -42.4% |
| Other amounts payable | 47/48 | €1,509 | €1,789 | +€280 | +18.5% |
| Remuneration, social security and pensions | 62 | €55 | €0 | -€55 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,865 | €3,917 | +€52 | +1.3% |
| Other operating charges | 640/8 | €594 | €866 | +€273 | +45.9% |
| Gross operating margin | 9900 | €19,558 | €5,055 | -€14,503 | -74.2% |
| Operating profit (loss) | 9901 | €15,044 | €271 | -€14,772 | -98.2% |
| Financial income | 75/76B | €141 | €1,772 | +€1,631 | +1,154% |
| Recurring financial income | 75 | €141 | €1,772 | +€1,631 | +1,154% |
| Financial charges | 65/66B | €200 | €201 | +€1 | +0.5% |
| Recurring financial charges | 65 | €200 | €201 | +€1 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €14,984 | €1,842 | -€13,143 | -87.7% |
| Income taxes | 67/77 | €3,413 | €1,169 | -€2,245 | -65.8% |
| Profit (loss) for the period | 9904 | €11,571 | €673 | -€10,898 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,571 | €673 | -€10,898 | -94.2% |
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 30 October 2026 via checked.be.