GOEIE KOST: what changed
GOEIE KOST
Largest movements
- Tangible fixed assets -€14,008
down €14,008 (-11.8%), from €119,001 to €104,993
of which Land and buildings: -€7,499
- Cash +€6,539
up €6,539 (+493%), from €1,325 to €7,864
mainly Depreciation (+€9,200) and Investment in fixed assets (net) (+€4,808)
- Debts after one year -€5,559
down €5,559 (-3.0%), from €185,141 to €179,582
of which Financial debts: -€5,559
- Profit (loss) carried forward -€1,596
down €1,596 (-1.4%), from -€110,111 to -€111,707
- Gross operating margin +€6,736
up €6,736 (+132%), from €5,090 to €11,827
- Depreciation -€2,980
down €2,980 (-24.5%), from €12,180 to €9,200
- Financial charges -€1,567
down €1,567 (-39.4%), from €3,974 to €2,407
of which Non-recurring financial charges: -€1,391
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,327 | €112,857 | -€7,470 | -6.2% |
| Fixed assets | 21/28 | €119,001 | €104,993 | -€14,008 | -11.8% |
| Tangible fixed assets | 22/27 | €119,001 | €104,993 | -€14,008 | -11.8% |
| Land and buildings | 22 | €111,300 | €103,800 | -€7,499 | -6.7% |
| Plant, machinery and equipment | 23 | €7,051 | €941 | -€6,110 | -86.7% |
| Furniture and vehicles | 24 | €650 | €251 | -€399 | -61.3% |
| Current assets | 29/58 | €1,325 | €7,864 | +€6,539 | +493% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,325 | €7,864 | +€6,539 | +493% |
| Total equity and liabilities | 10/49 | €120,327 | €112,857 | -€7,470 | -6.2% |
| Equity | 10/15 | -€97,711 | -€99,307 | -€1,596 | -1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,111 | -€111,707 | -€1,596 | -1.4% |
| Amounts payable | 17/49 | €218,038 | €212,165 | -€5,873 | -2.7% |
| Amounts payable after more than one year | 17 | €185,141 | €179,582 | -€5,559 | -3.0% |
| Financial debts | 170/4 | €70,141 | €64,582 | -€5,559 | -7.9% |
| Other amounts payable | 178/9 | €115,000 | €115,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,896 | €32,583 | -€314 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €5,385 | €5,559 | +€174 | +3.2% |
| Trade debts | 44 | €367 | €0 | -€367 | -100% |
| Suppliers | 440/4 | €367 | €0 | -€367 | -100% |
| Taxes, remuneration and social security | 45 | €30 | €90 | +€60 | +198% |
| Taxes | 450/3 | €30 | €90 | +€60 | +198% |
| Other amounts payable | 47/48 | €27,115 | €26,934 | -€181 | -0.7% |
| Non-recurring operating income | 76A | - | €192 | +€192 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,180 | €9,200 | -€2,980 | -24.5% |
| Other operating charges | 640/8 | €1,766 | €1,816 | +€50 | +2.9% |
| Gross operating margin | 9900 | €5,090 | €11,827 | +€6,736 | +132% |
| Operating profit (loss) | 9901 | -€8,855 | €811 | +€9,665 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €3,974 | €2,407 | -€1,567 | -39.4% |
| Recurring financial charges | 65 | €2,583 | €2,407 | -€176 | -6.8% |
| Non-recurring financial charges | 66B | €1,391 | €0 | -€1,391 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€12,829 | -€1,596 | +€11,233 | +87.6% |
| Profit (loss) for the period | 9904 | -€12,829 | -€1,596 | +€11,233 | +87.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,829 | -€1,596 | +€11,233 | +87.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.