GOENS SIEGFRIED: 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.
GOENS SIEGFRIED
Largest movements
- Cash +€146,829
up €146,829 (+339,961%), from €43 to €146,872
mainly Other debts (+€103,631) and Receivables within one year (+€64,437)
- Receivables within one year -€64,437
down €64,437 (-19.0%), from €339,266 to €274,828
- Tangible fixed assets +€10,536
up €10,536 (+11.7%), from €90,318 to €100,854
of which Furniture and vehicles: +€23,445
- Other debts +€103,631
up €103,631 (+875%), from €11,844 to €115,475
- Reserves -€47,014
down €47,014 (-12.0%), from €392,052 to €345,038
- Current portion of long-term debt +€17,389
up €17,389 (+416%), from €4,183 to €21,572
- Debts after one year +€17,233
new in 2025: €17,233
- Gross operating margin +€12,632
up €12,632 (+10.7%), from €117,676 to €130,308
- Depreciation +€9,503
up €9,503 (+29.3%), from €32,437 to €41,940
- Financial charges +€1,460
up €1,460 (+110%), from €1,324 to €2,784
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 | €432,628 | €526,243 | +€93,615 | +21.6% |
| Fixed assets | 21/28 | €90,318 | €100,854 | +€10,536 | +11.7% |
| Tangible fixed assets | 22/27 | €90,318 | €100,854 | +€10,536 | +11.7% |
| Plant, machinery and equipment | 23 | €65,245 | €52,336 | -€12,909 | -19.8% |
| Furniture and vehicles | 24 | €25,073 | €48,518 | +€23,445 | +93.5% |
| Current assets | 29/58 | €342,310 | €425,389 | +€83,079 | +24.3% |
| Amounts receivable within one year | 40/41 | €339,266 | €274,828 | -€64,437 | -19.0% |
| Other amounts receivable | 41 | €339,266 | €274,828 | -€64,437 | -19.0% |
| Cash at bank and in hand | 54/58 | €43 | €146,872 | +€146,829 | +339,961% |
| Deferred charges and accrued income | 490/1 | €3,001 | €3,689 | +€688 | +22.9% |
| Total equity and liabilities | 10/49 | €432,628 | €526,243 | +€93,615 | +21.6% |
| Equity | 10/15 | €398,252 | €351,238 | -€47,014 | -11.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €392,052 | €345,038 | -€47,014 | -12.0% |
| Distributable reserves | 133 | €392,052 | €345,038 | -€47,014 | -12.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €34,376 | €175,005 | +€140,629 | +409% |
| Amounts payable after more than one year | 17 | - | €17,233 | +€17,233 | |
| Financial debts | 170/4 | - | €17,233 | +€17,233 | |
| Amounts payable within one year | 42/48 | €26,621 | €146,735 | +€120,114 | +451% |
| Current portion of amounts payable after more than one year | 42 | €4,183 | €21,572 | +€17,389 | +416% |
| Financial debts | 43 | €4,132 | €0 | -€4,132 | -100% |
| Credit institutions | 430/8 | €4,132 | €0 | -€4,132 | -100% |
| Trade debts | 44 | €195 | €193 | -€2 | -1.2% |
| Suppliers | 440/4 | €195 | €193 | -€2 | -1.2% |
| Taxes, remuneration and social security | 45 | €6,267 | €9,496 | +€3,228 | +51.5% |
| Taxes | 450/3 | €4,067 | €7,296 | +€3,228 | +79.4% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €11,844 | €115,475 | +€103,631 | +875% |
| Accrued charges and deferred income | 492/3 | €7,755 | €11,036 | +€3,281 | +42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,437 | €41,940 | +€9,503 | +29.3% |
| Other operating charges | 640/8 | €3,718 | €2,702 | -€1,016 | -27.3% |
| Gross operating margin | 9900 | €117,676 | €130,308 | +€12,632 | +10.7% |
| Operating profit (loss) | 9901 | €81,520 | €85,666 | +€4,145 | +5.1% |
| Financial income | 75/76B | €9 | €0 | -€9 | -96.6% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -96.6% |
| Financial charges | 65/66B | €1,324 | €2,784 | +€1,460 | +110% |
| Recurring financial charges | 65 | €1,324 | €2,784 | +€1,460 | +110% |
| Profit (loss) for the period before taxes | 9903 | €80,206 | €82,882 | +€2,676 | +3.3% |
| Income taxes | 67/77 | €24,167 | €24,896 | +€728 | +3.0% |
| Profit (loss) for the period | 9904 | €56,038 | €57,986 | +€1,948 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €56,038 | €57,986 | +€1,948 | +3.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.