GOEGEBEUR: 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.
GOEGEBEUR
Largest movements
- Tangible fixed assets -€49,981
down €49,981 (-3.5%), from €1.4m to €1.4m
of which Land and buildings: -€49,927
- Receivables within one year +€26,527
up €26,527 (+123.9%), from €21,404 to €47,931
of which Other amounts receivable: +€29,095
- Debts after one year -€83,578
down €83,578 (-7.9%), from €1.1m to €976,677
- Reserves +€65,783
up €65,783 (+1467.1%), from €4,484 to €70,267
- Gross operating margin +€12,411
up €12,411 (+8.9%), from €139,143 to €151,554
- Other operating charges -€2,428
down €2,428 (-22.9%), from €10,593 to €8,165
- Financial charges -€2,370
down €2,370 (-8.0%), from €29,525 to €27,155
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 | €1,475,900 | €1,456,777 | -€19,123 | -1.3% |
| Formation expenses | 20 | €4,516 | €2,983 | -€1,533 | -34.0% |
| Fixed assets | 21/28 | €1,439,667 | €1,389,687 | -€49,981 | -3.5% |
| Tangible fixed assets | 22/27 | €1,439,667 | €1,389,687 | -€49,981 | -3.5% |
| Land and buildings | 22 | €1,439,559 | €1,389,633 | -€49,927 | -3.5% |
| Plant, machinery and equipment | 23 | €108 | €54 | -€54 | -50.0% |
| Current assets | 29/58 | €31,716 | €64,107 | +€32,391 | +102.1% |
| Amounts receivable within one year | 40/41 | €21,404 | €47,931 | +€26,527 | +123.9% |
| Trade receivables | 40 | €11,070 | €8,502 | -€2,568 | -23.2% |
| Other amounts receivable | 41 | €10,334 | €39,429 | +€29,095 | +281.5% |
| Current investments | 50/53 | €32 | €32 | +€0 | +0.6% |
| Cash at bank and in hand | 54/58 | €8,910 | €14,718 | +€5,809 | +65.2% |
| Deferred charges and accrued income | 490/1 | €1,371 | €1,426 | +€55 | +4.0% |
| Total equity and liabilities | 10/49 | €1,475,900 | €1,456,777 | -€19,123 | -1.3% |
| Equity | 10/15 | €323,084 | €388,867 | +€65,783 | +20.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €4,484 | €70,267 | +€65,783 | +1467.1% |
| Distributable reserves | 133 | €4,484 | €70,267 | +€65,783 | +1467.1% |
| Amounts payable | 17/49 | €1,152,816 | €1,067,910 | -€84,906 | -7.4% |
| Amounts payable after more than one year | 17 | €1,060,255 | €976,677 | -€83,578 | -7.9% |
| Financial debts | 170/4 | €1,060,255 | €976,677 | -€83,578 | -7.9% |
| Amounts payable within one year | 42/48 | €86,715 | €85,326 | -€1,389 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €81,645 | €83,578 | +€1,933 | +2.4% |
| Trade debts | 44 | €2,545 | €624 | -€1,921 | -75.5% |
| Suppliers | 440/4 | €2,545 | €624 | -€1,921 | -75.5% |
| Other amounts payable | 47/48 | €2,525 | €1,124 | -€1,401 | -55.5% |
| Accrued charges and deferred income | 492/3 | €5,846 | €5,907 | +€61 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,558 | €51,514 | -€1,044 | -2.0% |
| Other operating charges | 640/8 | €10,593 | €8,165 | -€2,428 | -22.9% |
| Gross operating margin | 9900 | €139,143 | €151,554 | +€12,411 | +8.9% |
| Operating profit (loss) | 9901 | €75,992 | €91,875 | +€15,883 | +20.9% |
| Financial income | 75/76B | €719 | €1,064 | +€345 | +48.0% |
| Recurring financial income | 75 | €719 | €1,064 | +€345 | +48.0% |
| Financial charges | 65/66B | €29,525 | €27,155 | -€2,370 | -8.0% |
| Recurring financial charges | 65 | €29,525 | €27,155 | -€2,370 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €47,185 | €65,783 | +€18,598 | +39.4% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -11.1% |
| Profit (loss) for the period | 9904 | €47,185 | €65,783 | +€18,598 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,185 | €65,783 | +€18,598 | +39.4% |
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 9 October 2026 via checked.be.