GOERON: what changed
Two fiscal 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.
GOERON
Largest movements
- Tangible fixed assets +€29,833
up €29,833 (+5.9%), from €507,167 to €537,000
- Cash -€10,242
down €10,242 (-18.1%), from €56,495 to €46,253
mainly Investment in fixed assets (net) (-€29,833)
- Reserves +€19,094
up €19,094 (+4.3%), from €444,326 to €463,419
of which Distributable reserves: +€19,094
- Taxes -€542
down €542 (-5.7%), from €9,544 to €9,002
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 | €563,662 | €583,253 | +€19,591 | +3.5% |
| Fixed assets | 21/28 | €507,167 | €537,000 | +€29,833 | +5.9% |
| Tangible fixed assets | 22/27 | €507,167 | €537,000 | +€29,833 | +5.9% |
| Other tangible fixed assets | 26 | €507,167 | €537,000 | +€29,833 | +5.9% |
| Current assets | 29/58 | €56,495 | €46,253 | -€10,242 | -18.1% |
| Cash at bank and in hand | 54/58 | €56,495 | €46,253 | -€10,242 | -18.1% |
| Total equity and liabilities | 10/49 | €563,662 | €583,253 | +€19,591 | +3.5% |
| Equity | 10/15 | €552,916 | €572,010 | +€19,094 | +3.5% |
| Contributions | 10/11 | €108,591 | €108,591 | = | 0.0% |
| Reserves | 13 | €444,326 | €463,419 | +€19,094 | +4.3% |
| Non-distributable reserves | 130/1 | €12,099 | €12,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,099 | €12,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,165 | €4,165 | = | 0.0% |
| Distributable reserves | 133 | €428,061 | €447,155 | +€19,094 | +4.5% |
| Amounts payable | 17/49 | €10,746 | €11,243 | +€497 | +4.6% |
| Amounts payable after more than one year | 17 | €157 | €157 | = | 0.0% |
| Other amounts payable | 178/9 | €157 | €157 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,589 | €11,086 | +€497 | +4.7% |
| Trade debts | 44 | €1,045 | €1,540 | +€495 | +47.4% |
| Suppliers | 440/4 | €1,045 | €1,540 | +€495 | +47.4% |
| Taxes, remuneration and social security | 45 | €9,544 | €9,546 | +€2 | 0.0% |
| Taxes | 450/3 | €9,544 | €9,546 | +€2 | 0.0% |
| Non-recurring operating income | 76A | €29,833 | €29,833 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €28,346 | €28,261 | -€85 | -0.3% |
| Operating profit (loss) | 9901 | €28,228 | €28,141 | -€87 | -0.3% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €28,185 | €28,096 | -€89 | -0.3% |
| Income taxes | 67/77 | €9,544 | €9,002 | -€542 | -5.7% |
| Profit (loss) for the period | 9904 | €18,640 | €19,094 | +€453 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,640 | €19,094 | +€453 | +2.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.