Goedertier Decor: 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.
Goedertier Decor
Largest movements
- Cash +€101,143
up €101,143 (+54.8%), from €184,587 to €285,730
mainly Net result for the year (+€147,705) and Depreciation (+€46,998)
- Reserves +€147,705
up €147,705 (+19.3%), from €767,161 to €914,866
of which Non-distributable reserves: +€147,705
- Other debts -€59,367
down €59,367 (-28.0%), from €211,792 to €152,425
- Trade debts +€46,907
up €46,907 (+18.4%), from €255,424 to €302,331
- Tax, wage and social debts -€16,495
down €16,495 (-32.0%), from €51,496 to €35,001
of which Taxes: -€15,999
- Accrued charges and deferred income -€16,072
down €16,072 (-55.1%), from €29,172 to €13,100
- Financial income -€189,333
down €189,333 (-98.4%), from €192,374 to €3,041
- Gross operating margin +€133,629
up €133,629 (+45.1%), from €296,126 to €429,756
- Depreciation +€30,117
up €30,117 (+178%), from €16,882 to €46,998
- Taxes +€25,688
up €25,688 (+59.2%), from €43,417 to €69,104
- Financial charges -€16,931
down €16,931 (-52.3%), from €32,349 to €15,418
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 | €1,365,044 | €1,467,723 | +€102,679 | +7.5% |
| Fixed assets | 21/28 | €1,169,614 | €1,165,815 | -€3,799 | -0.3% |
| Tangible fixed assets | 22/27 | €211,175 | €207,375 | -€3,799 | -1.8% |
| Furniture and vehicles | 24 | €18,997 | €54,045 | +€35,049 | +184% |
| Other tangible fixed assets | 26 | €192,178 | €153,330 | -€38,848 | -20.2% |
| Financial fixed assets | 28 | €958,440 | €958,440 | = | 0.0% |
| Current assets | 29/58 | €195,430 | €301,908 | +€106,478 | +54.5% |
| Stocks and contracts in progress | 3 | €5,359 | €2,987 | -€2,372 | -44.3% |
| Stocks | 30/36 | €5,359 | €2,987 | -€2,372 | -44.3% |
| Amounts receivable within one year | 40/41 | €2,372 | €7,589 | +€5,217 | +220% |
| Trade receivables | 40 | €2,372 | €840 | -€1,532 | -64.6% |
| Other amounts receivable | 41 | - | €6,748 | +€6,748 | |
| Cash at bank and in hand | 54/58 | €184,587 | €285,730 | +€101,143 | +54.8% |
| Deferred charges and accrued income | 490/1 | €3,112 | €5,602 | +€2,490 | +80.0% |
| Total equity and liabilities | 10/49 | €1,365,044 | €1,467,723 | +€102,679 | +7.5% |
| Equity | 10/15 | €817,161 | €964,866 | +€147,705 | +18.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €767,161 | €914,866 | +€147,705 | +19.3% |
| Non-distributable reserves | 130/1 | €740,832 | €888,537 | +€147,705 | +19.9% |
| Other | 1319 | €740,832 | €888,537 | +€147,705 | +19.9% |
| Tax-exempt reserves | 132 | €26,329 | €26,329 | = | 0.0% |
| Amounts payable | 17/49 | €547,884 | €502,857 | -€45,027 | -8.2% |
| Amounts payable within one year | 42/48 | €518,712 | €489,757 | -€28,955 | -5.6% |
| Trade debts | 44 | €255,424 | €302,331 | +€46,907 | +18.4% |
| Suppliers | 440/4 | €255,424 | €302,331 | +€46,907 | +18.4% |
| Taxes, remuneration and social security | 45 | €51,496 | €35,001 | -€16,495 | -32.0% |
| Taxes | 450/3 | €30,349 | €14,350 | -€15,999 | -52.7% |
| Remuneration and social security | 454/9 | €21,147 | €20,651 | -€496 | -2.3% |
| Other amounts payable | 47/48 | €211,792 | €152,425 | -€59,367 | -28.0% |
| Accrued charges and deferred income | 492/3 | €29,172 | €13,100 | -€16,072 | -55.1% |
| Non-recurring operating income | 76A | €33,412 | €9,000 | -€24,412 | -73.1% |
| Remuneration, social security and pensions | 62 | €143,999 | €148,335 | +€4,336 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,882 | €46,998 | +€30,117 | +178% |
| Other operating charges | 640/8 | €10,525 | €5,236 | -€5,290 | -50.3% |
| Non-recurring operating charges | 66A | €592 | - | -€592 | |
| Gross operating margin | 9900 | €296,126 | €429,756 | +€133,629 | +45.1% |
| Operating profit (loss) | 9901 | €124,128 | €229,187 | +€105,058 | +84.6% |
| Financial income | 75/76B | €192,374 | €3,041 | -€189,333 | -98.4% |
| Recurring financial income | 75 | €192,374 | €3,041 | -€189,333 | -98.4% |
| Financial charges | 65/66B | €32,349 | €15,418 | -€16,931 | -52.3% |
| Recurring financial charges | 65 | €32,349 | €15,418 | -€16,931 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €284,153 | €216,810 | -€67,344 | -23.7% |
| Income taxes | 67/77 | €43,417 | €69,104 | +€25,688 | +59.2% |
| Profit (loss) for the period | 9904 | €240,737 | €147,705 | -€93,031 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €240,737 | €147,705 | -€93,031 | -38.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.