GoedVastgoed: 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.
GoedVastgoed
Largest movements
- Cash +€61,874
up €61,874 (+1,025%), from €6,037 to €67,911
mainly Net result for the year (+€70,142) and Tax, wage and social debts (+€2,045)
- Receivables within one year +€3,800
up €3,800 (+9.0%), from €42,175 to €45,974
of which Trade receivables: +€5,094
- Reserves +€70,142
up €70,142 (+311%), from €22,567 to €92,709
- Current portion of long-term debt -€10,000
down €10,000 (-100%), from €10,000 to €0
- Tax, wage and social debts +€2,045
up €2,045 (+29.5%), from €6,940 to €8,985
of which Taxes: +€6,545
- Trade debts +€1,937
up €1,937 (+26.1%), from €7,427 to €9,364
- Gross operating margin +€57,650
up €57,650 (+179%), from €32,137 to €89,786
- Taxes +€10,132
up €10,132 (+115%), from €8,808 to €18,940
- Financial income +€1,320
up €1,320 (+217%), from €609 to €1,929
- Depreciation +€1,116
up €1,116 (+148%), from €756 to €1,872
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 | €52,384 | €117,558 | +€65,173 | +124% |
| Fixed assets | 21/28 | €4,172 | €3,672 | -€500 | -12.0% |
| Tangible fixed assets | 22/27 | €4,172 | €3,672 | -€500 | -12.0% |
| Furniture and vehicles | 24 | €4,172 | €3,672 | -€500 | -12.0% |
| Current assets | 29/58 | €48,212 | €113,885 | +€65,673 | +136% |
| Amounts receivable within one year | 40/41 | €42,175 | €45,974 | +€3,800 | +9.0% |
| Trade receivables | 40 | €5,415 | €10,509 | +€5,094 | +94.1% |
| Other amounts receivable | 41 | €36,760 | €35,466 | -€1,294 | -3.5% |
| Cash at bank and in hand | 54/58 | €6,037 | €67,911 | +€61,874 | +1,025% |
| Total equity and liabilities | 10/49 | €52,384 | €117,558 | +€65,173 | +124% |
| Equity | 10/15 | €25,567 | €95,709 | +€70,142 | +274% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,567 | €92,709 | +€70,142 | +311% |
| Distributable reserves | 133 | €22,567 | €92,709 | +€70,142 | +311% |
| Amounts payable | 17/49 | €26,817 | €21,849 | -€4,968 | -18.5% |
| Amounts payable within one year | 42/48 | €24,367 | €18,349 | -€6,018 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €0 | -€10,000 | -100% |
| Trade debts | 44 | €7,427 | €9,364 | +€1,937 | +26.1% |
| Suppliers | 440/4 | €7,427 | €9,364 | +€1,937 | +26.1% |
| Taxes, remuneration and social security | 45 | €6,940 | €8,985 | +€2,045 | +29.5% |
| Taxes | 450/3 | €2,440 | €8,985 | +€6,545 | +268% |
| Remuneration and social security | 454/9 | €4,500 | €0 | -€4,500 | -100% |
| Accrued charges and deferred income | 492/3 | €2,450 | €3,500 | +€1,050 | +42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €756 | €1,872 | +€1,116 | +148% |
| Other operating charges | 640/8 | €449 | €473 | +€24 | +5.3% |
| Gross operating margin | 9900 | €32,137 | €89,786 | +€57,650 | +179% |
| Operating profit (loss) | 9901 | €30,931 | €87,441 | +€56,510 | +183% |
| Financial income | 75/76B | €609 | €1,929 | +€1,320 | +217% |
| Recurring financial income | 75 | €609 | €1,929 | +€1,320 | +217% |
| Financial charges | 65/66B | €165 | €287 | +€122 | +74.1% |
| Recurring financial charges | 65 | €165 | €287 | +€122 | +74.1% |
| Profit (loss) for the period before taxes | 9903 | €31,375 | €89,082 | +€57,707 | +184% |
| Income taxes | 67/77 | €8,808 | €18,940 | +€10,132 | +115% |
| Profit (loss) for the period | 9904 | €22,567 | €70,142 | +€47,575 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €22,567 | €70,142 | +€47,575 | +211% |
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 16 October 2026 via checked.be.