Goeleven: 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.
Goeleven
Largest movements
- Cash +€24,658
up €24,658 (+30.0%), from €82,169 to €106,827
mainly Other debts (+€36,730) and Net result for the year (+€27,235)
- Receivables within one year -€8,554
down €8,554 (-34.9%), from €24,530 to €15,976
of which Trade receivables: -€10,855
- Tangible fixed assets +€3,943
up €3,943 (+85.3%), from €4,624 to €8,567
of which Furniture and vehicles: +€3,251
- Other debts +€36,730
up €36,730 (+762%), from €4,820 to €41,551
- Reserves -€14,448
down €14,448 (-16.1%), from €89,823 to €75,375
- Tax, wage and social debts -€1,866
down €1,866 (-55.1%), from €3,388 to €1,522
- Gross operating margin -€1,227
down €1,227 (-2.7%), from €45,827 to €44,600
- Depreciation +€980
up €980 (+42.6%), from €2,303 to €3,283
- Financial charges -€680
down €680 (-22.4%), from €3,035 to €2,355
- Taxes +€649
up €649 (+6.2%), from €10,436 to €11,085
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.
Derived cash bridge
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 | €114,686 | €134,898 | +€20,213 | +17.6% |
| Fixed assets | 21/28 | €4,624 | €8,567 | +€3,943 | +85.3% |
| Tangible fixed assets | 22/27 | €4,624 | €8,567 | +€3,943 | +85.3% |
| Plant, machinery and equipment | 23 | €1,347 | €2,040 | +€692 | +51.4% |
| Furniture and vehicles | 24 | €3,276 | €6,527 | +€3,251 | +99.2% |
| Current assets | 29/58 | €110,062 | €126,332 | +€16,269 | +14.8% |
| Amounts receivable within one year | 40/41 | €24,530 | €15,976 | -€8,554 | -34.9% |
| Trade receivables | 40 | €24,135 | €13,280 | -€10,855 | -45.0% |
| Other amounts receivable | 41 | €395 | €2,696 | +€2,301 | +583% |
| Cash at bank and in hand | 54/58 | €82,169 | €106,827 | +€24,658 | +30.0% |
| Deferred charges and accrued income | 490/1 | €3,363 | €3,529 | +€165 | +4.9% |
| Total equity and liabilities | 10/49 | €114,686 | €134,898 | +€20,213 | +17.6% |
| Equity | 10/15 | €101,697 | €87,249 | -€14,448 | -14.2% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €89,823 | €75,375 | -€14,448 | -16.1% |
| Distributable reserves | 133 | €89,823 | €75,375 | -€14,448 | -16.1% |
| Profit (loss) carried forward | 14 | €9,474 | €9,474 | = | 0.0% |
| Amounts payable | 17/49 | €12,989 | €47,650 | +€34,661 | +267% |
| Amounts payable within one year | 42/48 | €11,201 | €45,823 | +€34,622 | +309% |
| Trade debts | 44 | €2,993 | €2,751 | -€242 | -8.1% |
| Suppliers | 440/4 | €2,993 | €2,751 | -€242 | -8.1% |
| Taxes, remuneration and social security | 45 | €3,388 | €1,522 | -€1,866 | -55.1% |
| Taxes | 450/3 | €3,388 | €1,522 | -€1,866 | -55.1% |
| Other amounts payable | 47/48 | €4,820 | €41,551 | +€36,730 | +762% |
| Accrued charges and deferred income | 492/3 | €1,788 | €1,826 | +€38 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,303 | €3,283 | +€980 | +42.6% |
| Other operating charges | 640/8 | €449 | €642 | +€192 | +42.8% |
| Gross operating margin | 9900 | €45,827 | €44,600 | -€1,227 | -2.7% |
| Operating profit (loss) | 9901 | €43,075 | €40,675 | -€2,400 | -5.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,035 | €2,355 | -€680 | -22.4% |
| Recurring financial charges | 65 | €3,035 | €2,355 | -€680 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €40,040 | €38,320 | -€1,720 | -4.3% |
| Income taxes | 67/77 | €10,436 | €11,085 | +€649 | +6.2% |
| Profit (loss) for the period | 9904 | €29,604 | €27,235 | -€2,369 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,604 | €27,235 | -€2,369 | -8.0% |
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 13 October 2026 via checked.be.