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GOEVANDY: 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.

What changed

GOEVANDY

BE 0439.791.763
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€8,421
2024 · -€19,599+€11,177
Equity
€318,578
2024 · €326,999-€8,421
Cash
€29,638
2024 · €16,823+€12,815
Balance sheet total
€629,142
2024 · €659,966-€30,824

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€46,000

    down €46,000 (-7.2%), from €637,535 to €591,535

    of which Land and buildings: -€37,576

  • Cash +€12,815

    up €12,815 (+76.2%), from €16,823 to €29,638

    mainly Depreciation (+€46,000) and Receivables within one year (+€2,328)

Equity and liabilities
  • Debts after one year -€20,000

    down €20,000 (-6.8%), from €295,451 to €275,451

    of which Financial debts: -€20,000

  • Profit (loss) carried forward -€8,421

    down €8,421 (-2.0%), from -€425,365 to -€433,787

Income statement
  • Gross operating margin +€9,519

    up €9,519 (+20.7%), from €46,058 to €55,577

  • Depreciation -€2,091

    down €2,091 (-4.3%), from €48,091 to €46,000

  • Other operating charges +€645

    up €645 (+4.1%), from €15,785 to €16,431

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€19,599
Gross operating margin +€9,519
Depreciation +€2,091
Other operating charges -€645
Financial income +€21
Financial charges +€167
Taxes +€25
Result 2025 -€8,421

Cash bridge derived

cash 2024 to 2025

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.

From operations +€32,815
Investment €0
Financing -€20,000
Cash 2024 €16,823
Net result for the year -€8,421
Depreciation +€46,000
Receivables within one year +€2,328
Deferred charges and accrued income -€4,689
Tax, wage and social debts -€22
Other debts +€1,426
Accrued charges and deferred income -€3,807
Debts after one year -€20,000
Cash 2025 €29,638
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €659,966 €629,142 -€30,824 -4.7%
Fixed assets 21/28 €637,535 €591,535 -€46,000 -7.2%
Tangible fixed assets 22/27 €637,535 €591,535 -€46,000 -7.2%
Land and buildings 22 €576,231 €538,655 -€37,576 -6.5%
Plant, machinery and equipment 23 €20,206 €17,734 -€2,471 -12.2%
Furniture and vehicles 24 €41,099 €35,146 -€5,953 -14.5%
Current assets 29/58 €22,430 €37,607 +€15,176 +67.7%
Amounts receivable within one year 40/41 €3,424 €1,096 -€2,328 -68.0%
Other amounts receivable 41 €3,424 €1,096 -€2,328 -68.0%
Cash at bank and in hand 54/58 €16,823 €29,638 +€12,815 +76.2%
Deferred charges and accrued income 490/1 €2,183 €6,872 +€4,689 +214.8%
Total equity and liabilities 10/49 €659,966 €629,142 -€30,824 -4.7%
Equity 10/15 €326,999 €318,578 -€8,421 -2.6%
Contributions 10/11 €620,000 €620,000 = 0.0%
Reserves 13 €132,364 €132,364 = 0.0%
Non-distributable reserves 130/1 €7,189 €7,189 = 0.0%
Reserves not available under the articles 1311 €7,189 €7,189 = 0.0%
Distributable reserves 133 €125,176 €125,176 = 0.0%
Profit (loss) carried forward 14 -€425,365 -€433,787 -€8,421 -2.0%
Amounts payable 17/49 €332,967 €310,564 -€22,403 -6.7%
Amounts payable after more than one year 17 €295,451 €275,451 -€20,000 -6.8%
Financial debts 170/4 €31,666 €11,666 -€20,000 -63.2%
Other amounts payable 178/9 €263,785 €263,785 = 0.0%
Amounts payable within one year 42/48 €25,714 €27,118 +€1,404 +5.5%
Current portion of amounts payable after more than one year 42 €20,000 €20,000 = 0.0%
Taxes, remuneration and social security 45 €148 €126 -€22 -14.8%
Taxes 450/3 €148 €126 -€22 -14.8%
Other amounts payable 47/48 €5,566 €6,992 +€1,426 +25.6%
Accrued charges and deferred income 492/3 €11,801 €7,995 -€3,807 -32.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €48,091 €46,000 -€2,091 -4.3%
Other operating charges 640/8 €15,785 €16,431 +€645 +4.1%
Gross operating margin 9900 €46,058 €55,577 +€9,519 +20.7%
Operating profit (loss) 9901 -€17,818 -€6,854 +€10,965 +61.5%
Financial income 75/76B €30 €51 +€21 +68.9%
Recurring financial income 75 €30 €51 +€21 +68.9%
Financial charges 65/66B €1,654 €1,488 -€167 -10.1%
Recurring financial charges 65 €1,654 €1,488 -€167 -10.1%
Profit (loss) for the period before taxes 9903 -€19,442 -€8,290 +€11,152 +57.4%
Income taxes 67/77 €157 €132 -€25 -16.2%
Profit (loss) for the period 9904 -€19,599 -€8,421 +€11,177 +57.0%
Profit (loss) for the period to be appropriated 9905 -€19,599 -€8,421 +€11,177 +57.0%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.