GOELANDIMMO: 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.
GOELANDIMMO
Largest movements
- Current investments -€300,000
no longer reported in 2023 (was €300,000)
- Cash +€233,499
up €233,499 (+1,961%), from €11,906 to €245,405
mainly Other debts (+€11.9m) and Current investments (+€300,000)
- Other debts +€11.9m
up €11.9m (+6,622%), from €180,000 to €12.1m
- Contributions -€11.2m
down €11.2m (-83.4%), from €13.4m to €2.2m
- Reserves -€805,840
down €805,840 (-82.4%), from €977,840 to €172,000
- Financial income -€76,000
down €76,000 (-98.8%), from €76,950 to €950
- Gross operating margin -€46,701
down €46,701 (-50.1%), from €93,275 to €46,574
- Taxes -€11,638
down €11,638 (-75.1%), from €15,493 to €3,855
- Financial charges -€2,966
down €2,966 (-70.5%), from €4,210 to €1,244
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,658,714 | €14,504,900 | -€153,814 | -1.0% |
| Fixed assets | 21/28 | €14,240,847 | €14,246,881 | +€6,034 | 0.0% |
| Financial fixed assets | 28 | €14,240,847 | €14,246,881 | +€6,034 | 0.0% |
| Current assets | 29/58 | €417,867 | €258,019 | -€159,848 | -38.3% |
| Amounts receivable within one year | 40/41 | €105,379 | €12,614 | -€92,765 | -88.0% |
| Trade receivables | 40 | €10,123 | - | -€10,123 | |
| Other amounts receivable | 41 | €95,256 | €12,614 | -€82,642 | -86.8% |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €11,906 | €245,405 | +€233,499 | +1,961% |
| Deferred charges and accrued income | 490/1 | €581 | - | -€581 | |
| Total equity and liabilities | 10/49 | €14,658,714 | €14,504,900 | -€153,814 | -1.0% |
| Equity | 10/15 | €14,385,838 | €2,395,667 | -€12.0m | -83.3% |
| Contributions | 10/11 | €13,407,998 | €2,223,667 | -€11.2m | -83.4% |
| Reserves | 13 | €977,840 | €172,000 | -€805,840 | -82.4% |
| Distributable reserves | 133 | €977,840 | €172,000 | -€805,840 | -82.4% |
| Amounts payable | 17/49 | €272,876 | €12,109,233 | +€11.8m | +4,338% |
| Amounts payable after more than one year | 17 | €6,375 | - | -€6,375 | |
| Financial debts | 170/4 | €6,375 | - | -€6,375 | |
| Amounts payable within one year | 42/48 | €266,501 | €12,109,233 | +€11.8m | +4,444% |
| Current portion of amounts payable after more than one year | 42 | €76,500 | - | -€76,500 | |
| Trade debts | 44 | €2,077 | €5,156 | +€3,079 | +148% |
| Suppliers | 440/4 | €2,077 | €5,156 | +€3,079 | +148% |
| Taxes, remuneration and social security | 45 | €7,924 | €4,077 | -€3,847 | -48.5% |
| Taxes | 450/3 | €854 | €132 | -€722 | -84.5% |
| Remuneration and social security | 454/9 | €7,070 | €3,945 | -€3,125 | -44.2% |
| Other amounts payable | 47/48 | €180,000 | €12,100,000 | +€11.9m | +6,622% |
| Remuneration, social security and pensions | 62 | €32,256 | €32,443 | +€187 | +0.6% |
| Other operating charges | 640/8 | €210 | €153 | -€57 | -27.1% |
| Gross operating margin | 9900 | €93,275 | €46,574 | -€46,701 | -50.1% |
| Operating profit (loss) | 9901 | €60,810 | €13,978 | -€46,832 | -77.0% |
| Financial income | 75/76B | €76,950 | €950 | -€76,000 | -98.8% |
| Recurring financial income | 75 | €76,950 | €950 | -€76,000 | -98.8% |
| Financial charges | 65/66B | €4,210 | €1,244 | -€2,966 | -70.5% |
| Recurring financial charges | 65 | €4,210 | €1,244 | -€2,966 | -70.5% |
| Profit (loss) for the period before taxes | 9903 | €133,550 | €13,684 | -€119,866 | -89.8% |
| Income taxes | 67/77 | €15,493 | €3,855 | -€11,638 | -75.1% |
| Profit (loss) for the period | 9904 | €118,057 | €9,829 | -€108,228 | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €118,057 | €9,829 | -€108,228 | -91.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.