GOESTE: 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.
GOESTE
Largest movements
- Cash +€50,671
up €50,671 (+72.2%), from €70,198 to €120,869
mainly Net result for the year (+€92,942) and Other debts (+€50,000)
- Receivables within one year -€16,731
down €16,731 (-64.4%), from €25,991 to €9,260
of which Other amounts receivable: -€18,000
- Other debts +€50,000
up €50,000 (+58.1%), from €86,000 to €136,000
- Reserves +€42,942
up €42,942 (+128.4%), from €33,453 to €76,395
- Debts after one year -€29,610
down €29,610 (-18.3%), from €161,492 to €131,883
- Tax, wage and social debts -€21,240
down €21,240 (-44.8%), from €47,433 to €26,193
of which Taxes: -€21,150
- Trade debts -€8,261
down €8,261 (-10.6%), from €78,012 to €69,750
- Gross operating margin +€109,303
up €109,303 (+138.8%), from €78,774 to €188,077
- Taxes +€24,529
up €24,529 (+334.4%), from €7,336 to €31,865
- Staff costs +€7,122
up €7,122 (+30.5%), from €23,359 to €30,481
- Financial income -€2,782
down €2,782 (-100.0%), from €2,782 to €0
- Depreciation +€2,170
up €2,170 (+9.8%), from €22,137 to €24,307
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 | €435,592 | €469,930 | +€34,338 | +7.9% |
| Fixed assets | 21/28 | €334,404 | €334,802 | +€398 | +0.1% |
| Intangible fixed assets | 21 | €450 | €127 | -€324 | -71.9% |
| Tangible fixed assets | 22/27 | €97,444 | €98,165 | +€721 | +0.7% |
| Plant, machinery and equipment | 23 | €48,565 | €56,925 | +€8,360 | +17.2% |
| Other tangible fixed assets | 26 | €48,879 | €41,240 | -€7,638 | -15.6% |
| Financial fixed assets | 28 | €236,509 | €236,509 | = | 0.0% |
| Current assets | 29/58 | €101,189 | €135,129 | +€33,940 | +33.5% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,991 | €9,260 | -€16,731 | -64.4% |
| Trade receivables | 40 | - | €1,269 | +€1,269 | |
| Other amounts receivable | 41 | €25,991 | €7,991 | -€18,000 | -69.3% |
| Cash at bank and in hand | 54/58 | €70,198 | €120,869 | +€50,671 | +72.2% |
| Total equity and liabilities | 10/49 | €435,592 | €469,930 | +€34,338 | +7.9% |
| Equity | 10/15 | €33,553 | €76,495 | +€42,942 | +128.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €33,453 | €76,395 | +€42,942 | +128.4% |
| Distributable reserves | 133 | €33,453 | €76,395 | +€42,942 | +128.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €402,040 | €393,435 | -€8,604 | -2.1% |
| Amounts payable after more than one year | 17 | €161,492 | €131,883 | -€29,610 | -18.3% |
| Financial debts | 170/4 | €161,492 | €131,883 | -€29,610 | -18.3% |
| Amounts payable within one year | 42/48 | €240,547 | €261,553 | +€21,005 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €29,102 | €29,610 | +€507 | +1.7% |
| Trade debts | 44 | €78,012 | €69,750 | -€8,261 | -10.6% |
| Suppliers | 440/4 | €78,012 | €69,750 | -€8,261 | -10.6% |
| Taxes, remuneration and social security | 45 | €47,433 | €26,193 | -€21,240 | -44.8% |
| Taxes | 450/3 | €43,859 | €22,709 | -€21,150 | -48.2% |
| Remuneration and social security | 454/9 | €3,574 | €3,483 | -€91 | -2.5% |
| Other amounts payable | 47/48 | €86,000 | €136,000 | +€50,000 | +58.1% |
| Remuneration, social security and pensions | 62 | €23,359 | €30,481 | +€7,122 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,137 | €24,307 | +€2,170 | +9.8% |
| Other operating charges | 640/8 | €1,686 | €1,919 | +€233 | +13.8% |
| Gross operating margin | 9900 | €78,774 | €188,077 | +€109,303 | +138.8% |
| Operating profit (loss) | 9901 | €31,591 | €131,370 | +€99,779 | +315.8% |
| Financial income | 75/76B | €2,782 | €0 | -€2,782 | -100.0% |
| Recurring financial income | 75 | €2,782 | €0 | -€2,782 | -100.0% |
| Financial charges | 65/66B | €5,298 | €6,563 | +€1,265 | +23.9% |
| Recurring financial charges | 65 | €5,298 | €6,563 | +€1,265 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €29,075 | €124,807 | +€95,732 | +329.3% |
| Income taxes | 67/77 | €7,336 | €31,865 | +€24,529 | +334.4% |
| Profit (loss) for the period | 9904 | €21,739 | €92,942 | +€71,203 | +327.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,739 | €92,942 | +€71,203 | +327.5% |
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 12 October 2026 via checked.be.