GOEDONS: what changed
Two fiscal 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.
GOEDONS
Largest movements
- Receivables within one year -€197,779
down €197,779 (-61.8%), from €320,166 to €122,387
of which Other amounts receivable: -€191,037
- Cash +€186,713
up €186,713 (+955.9%), from €19,532 to €206,245
mainly Receivables within one year (+€197,779) and Net result for the year (+€28,596)
- Tangible fixed assets -€22,164
down €22,164 (-33.8%), from €65,611 to €43,447
of which Furniture and vehicles: -€11,898
- Trade debts -€45,632
down €45,632 (-64.8%), from €70,444 to €24,812
- Other debts +€22,026
up €22,026 (+195.4%), from €11,274 to €33,300
- Current portion of long-term debt -€5,039
down €5,039 (-82.9%), from €6,080 to €1,041
- Reserves -€4,704
down €4,704 (-1.6%), from €290,600 to €285,896
- Gross operating margin +€24,187
up €24,187 (+22.3%), from €108,249 to €132,436
- Write-downs -€21,901
down €21,901, from €14,173 to -€7,728
- Other operating charges -€14,980
down €14,980 (-89.3%), from €16,782 to €1,802
- Taxes -€8,159
down €8,159 (-41.4%), from €19,696 to €11,538
- Staff costs +€7,766
up €7,766 (+11.1%), from €70,008 to €77,774
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.
Cash bridge derived
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 | €414,950 | €382,320 | -€32,631 | -7.9% |
| Fixed assets | 21/28 | €65,611 | €43,447 | -€22,164 | -33.8% |
| Tangible fixed assets | 22/27 | €65,611 | €43,447 | -€22,164 | -33.8% |
| Land and buildings | 22 | €6,267 | - | -€6,267 | |
| Plant, machinery and equipment | 23 | €7,983 | €3,984 | -€3,999 | -50.1% |
| Furniture and vehicles | 24 | €51,362 | €39,464 | -€11,898 | -23.2% |
| Current assets | 29/58 | €349,339 | €338,872 | -€10,467 | -3.0% |
| Amounts receivable within one year | 40/41 | €320,166 | €122,387 | -€197,779 | -61.8% |
| Trade receivables | 40 | €99,818 | €93,076 | -€6,742 | -6.8% |
| Other amounts receivable | 41 | €220,348 | €29,311 | -€191,037 | -86.7% |
| Cash at bank and in hand | 54/58 | €19,532 | €206,245 | +€186,713 | +955.9% |
| Deferred charges and accrued income | 490/1 | €9,641 | €10,240 | +€599 | +6.2% |
| Total equity and liabilities | 10/49 | €414,950 | €382,320 | -€32,631 | -7.9% |
| Equity | 10/15 | €303,000 | €298,296 | -€4,704 | -1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €290,600 | €285,896 | -€4,704 | -1.6% |
| Distributable reserves | 133 | €290,600 | €285,896 | -€4,704 | -1.6% |
| Amounts payable | 17/49 | €111,951 | €84,024 | -€27,927 | -24.9% |
| Amounts payable after more than one year | 17 | €1,041 | - | -€1,041 | |
| Financial debts | 170/4 | €1,041 | - | -€1,041 | |
| Amounts payable within one year | 42/48 | €110,910 | €84,024 | -€26,886 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €6,080 | €1,041 | -€5,039 | -82.9% |
| Trade debts | 44 | €70,444 | €24,812 | -€45,632 | -64.8% |
| Suppliers | 440/4 | €70,444 | €24,812 | -€45,632 | -64.8% |
| Taxes, remuneration and social security | 45 | €23,113 | €24,872 | +€1,759 | +7.6% |
| Taxes | 450/3 | €18,897 | €19,235 | +€338 | +1.8% |
| Remuneration and social security | 454/9 | €4,216 | €5,637 | +€1,421 | +33.7% |
| Other amounts payable | 47/48 | €11,274 | €33,300 | +€22,026 | +195.4% |
| Non-recurring operating income | 76A | - | €700 | +€700 | |
| Remuneration, social security and pensions | 62 | €70,008 | €77,774 | +€7,766 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,081 | €22,164 | +€2,083 | +10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,173 | -€7,728 | -€21,901 | |
| Other operating charges | 640/8 | €16,782 | €1,802 | -€14,980 | -89.3% |
| Gross operating margin | 9900 | €108,249 | €132,436 | +€24,187 | +22.3% |
| Operating profit (loss) | 9901 | -€12,795 | €38,425 | +€51,220 | |
| Financial income | 75/76B | €2,241 | €2,015 | -€226 | -10.1% |
| Recurring financial income | 75 | €2,241 | €2,015 | -€226 | -10.1% |
| Financial charges | 65/66B | €1,368 | €306 | -€1,062 | -77.6% |
| Recurring financial charges | 65 | €1,183 | €306 | -€876 | -74.1% |
| Non-recurring financial charges | 66B | €185 | - | -€185 | |
| Profit (loss) for the period before taxes | 9903 | -€11,922 | €40,134 | +€52,056 | |
| Transfer from deferred taxes | 780 | €16,689 | - | -€16,689 | |
| Income taxes | 67/77 | €19,696 | €11,538 | -€8,159 | -41.4% |
| Profit (loss) for the period | 9904 | -€14,929 | €28,596 | +€43,525 | |
| Transfer from tax-exempt reserves | 789 | €66,757 | - | -€66,757 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,828 | €28,596 | -€23,232 | -44.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.