GOEYVAERTS R.: what changed
What changed
GOEYVAERTS R.
NACE 77.399, Renting and leasing of other machinery, equipment and tangible goods
filed annual accounts (NBB)
Net result for the year
€100,953
2024 · €1.5m-€1.4m
Equity
€6.4m
2024 · €6.3m+€100,953
Cash
€469,710
2024 · €564,535-€94,825
Balance sheet total
€13.2m
2024 · €12.7m+€546,606
Largest movements
Assets
- Tangible fixed assets +€3.3m
up €3.3m (+201%), from €1.6m to €4.9m
of which Land and buildings: +€3.6m
- Receivables within one year -€2.4m
down €2.4m (-27.6%), from €8.7m to €6.3m
of which Trade receivables: -€2.4m
- Current investments -€400,000
down €400,000 (-100%), from €400,000 to €0
Equity and liabilities
- Current portion of long-term debt +€228,288
up €228,288 (+75.9%), from €300,812 to €529,100
- Other debts -€190,268
down €190,268 (-14.1%), from €1.4m to €1.2m
- Short-term financial debts +€185,314
up €185,314 (+10.2%), from €1.8m to €2.0m
- Debts after one year +€155,949
up €155,949 (+8.9%), from €1.8m to €1.9m
Income statement
- Turnover -€1.4m
down €1.4m (-4.9%), from €28.4m to €27.0m
- Taxes -€522,437
down €522,437 (-95.3%), from €548,162 to €25,725
- Goods and materials -€491,433
down €491,433 (-13.3%), from €3.7m to €3.2m
of which Purchases: -€618,105
- Depreciation +€421,481
up €421,481 (+64.2%), from €656,070 to €1.1m
- Write-downs -€348,891
down €348,891 (-54.2%), from €643,422 to €294,531
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.5m
Turnover
-€1.4m
Other operating income
-€141,244
Goods and materials
+€491,433
Services and other goods
-€10,212
Staff costs
-€103,894
Depreciation
-€421,481
Write-downs
+€348,891
Other operating charges
+€8,922
Other operating items
-€645,278
Financial income
-€8,927
Financial charges
-€38,709
Taxes
+€522,437
Result 2025
€100,953
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3.3m
Investment
-€4.0m
Financing
+€569,551
Cash 2024
€564,535
From operations (derived)
+€3.3m
Net result for the year
+€100,953
Depreciation
+€1.1m
Stocks and contracts
-€109,729
Receivables within one year
+€2.4m
Deferred charges and accrued income
-€48,405
Trade debts
+€66,878
Tax, wage and social debts
+€14,324
Other debts
-€190,268
Accrued charges and deferred income
-€14,832
Investment (derived)
-€4.0m
Investment in fixed assets (net)
-€4.4m
Current investments
+€400,000
Financing
+€569,551
Debts after one year
+€155,949
Current portion of long-term debt
+€228,288
Short-term financial debts
+€185,314
Cash 2025
€469,710
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,679,105 | €13,225,711 | +€546,606 | +4.3% |
| Fixed assets | 21/28 | €1,690,192 | €4,973,317 | +€3.3m | +194% |
| Tangible fixed assets | 22/27 | €1,629,395 | €4,903,864 | +€3.3m | +201% |
| Land and buildings | 22 | €22,264 | €3,639,105 | +€3.6m | +16,246% |
| Plant, machinery and equipment | 23 | €1,439,694 | €1,130,563 | -€309,131 | -21.5% |
| Furniture and vehicles | 24 | €45,537 | €32,612 | -€12,925 | -28.4% |
| Other tangible fixed assets | 26 | €121,901 | €101,584 | -€20,317 | -16.7% |
| Financial fixed assets | 28 | €60,797 | €69,453 | +€8,656 | +14.2% |
| Affiliated companies | 280/1 | - | €12,000 | +€12,000 | |
| Participating interests | 280 | - | €12,000 | +€12,000 | |
| Other financial fixed assets | 284/8 | €60,797 | €57,453 | -€3,344 | -5.5% |
| Amounts receivable and cash guarantees | 285/8 | €60,797 | €57,453 | -€3,344 | -5.5% |
| Current assets | 29/58 | €10,988,913 | €8,252,393 | -€2.7m | -24.9% |
| Stocks and contracts in progress | 3 | €868,135 | €977,865 | +€109,729 | +12.6% |
| Stocks | 30/36 | €868,135 | €977,865 | +€109,729 | +12.6% |
| Finished goods | 33 | €868,135 | €977,865 | +€109,729 | +12.6% |
| Amounts receivable within one year | 40/41 | €8,688,695 | €6,288,867 | -€2.4m | -27.6% |
| Trade receivables | 40 | €8,215,104 | €5,858,927 | -€2.4m | -28.7% |
| Other amounts receivable | 41 | €473,591 | €429,940 | -€43,651 | -9.2% |
| Current investments | 50/53 | €400,000 | €0 | -€400,000 | -100% |
| Other investments | 51/53 | €400,000 | €0 | -€400,000 | -100% |
| Cash at bank and in hand | 54/58 | €564,535 | €469,710 | -€94,825 | -16.8% |
| Deferred charges and accrued income | 490/1 | €467,548 | €515,952 | +€48,405 | +10.4% |
| Total equity and liabilities | 10/49 | €12,679,105 | €13,225,711 | +€546,606 | +4.3% |
| Equity | 10/15 | €6,301,685 | €6,402,638 | +€100,953 | +1.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €4,806,045 | €4,806,045 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €4,804,045 | €4,804,045 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,475,641 | €1,576,594 | +€100,953 | +6.8% |
| Amounts payable | 17/49 | €6,377,419 | €6,823,072 | +€445,653 | +7.0% |
| Amounts payable after more than one year | 17 | €1,757,730 | €1,913,680 | +€155,949 | +8.9% |
| Financial debts | 170/4 | €1,757,730 | €1,913,680 | +€155,949 | +8.9% |
| Credit institutions | 173 | €1,757,730 | €1,913,680 | +€155,949 | +8.9% |
| Amounts payable within one year | 42/48 | €4,516,866 | €4,821,402 | +€304,535 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €300,812 | €529,100 | +€228,288 | +75.9% |
| Financial debts | 43 | €1,819,863 | €2,005,176 | +€185,314 | +10.2% |
| Credit institutions | 430/8 | €1,819,863 | €2,005,176 | +€185,314 | +10.2% |
| Trade debts | 44 | €838,283 | €905,161 | +€66,878 | +8.0% |
| Suppliers | 440/4 | €838,283 | €905,161 | +€66,878 | +8.0% |
| Taxes, remuneration and social security | 45 | €205,744 | €220,068 | +€14,324 | +7.0% |
| Taxes | 450/3 | €166,183 | €172,803 | +€6,620 | +4.0% |
| Remuneration and social security | 454/9 | €39,561 | €47,265 | +€7,704 | +19.5% |
| Other amounts payable | 47/48 | €1,352,164 | €1,161,896 | -€190,268 | -14.1% |
| Accrued charges and deferred income | 492/3 | €102,823 | €87,991 | -€14,832 | -14.4% |
| Operating income | 70/76A | €29,322,494 | €27,176,797 | -€2.1m | -7.3% |
| Turnover | 70 | €28,354,424 | €26,977,798 | -€1.4m | -4.9% |
| Other operating income | 74 | €225,701 | €84,456 | -€141,244 | -62.6% |
| Non-recurring operating income | 76A | €742,370 | €114,543 | -€627,827 | -84.6% |
| Operating charges | 60/66A | €27,073,359 | €26,777,150 | -€296,208 | -1.1% |
| Goods for resale, raw materials and consumables | 60 | €3,702,679 | €3,211,246 | -€491,433 | -13.3% |
| Purchases | 600/8 | €3,939,080 | €3,320,975 | -€618,105 | -15.7% |
| Change in stocks: decrease (increase) | 609 | -€236,401 | -€109,729 | +€126,672 | +53.6% |
| Services and other goods | 61 | €21,516,798 | €21,527,010 | +€10,212 | 0.0% |
| Remuneration, social security and pensions | 62 | €478,848 | €582,742 | +€103,894 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €656,070 | €1,077,551 | +€421,481 | +64.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €643,422 | €294,531 | -€348,891 | -54.2% |
| Other operating charges | 640/8 | €75,542 | €66,620 | -€8,922 | -11.8% |
| Non-recurring operating charges | 66A | - | €17,450 | +€17,450 | |
| Operating profit (loss) | 9901 | €2,249,135 | €399,647 | -€1.8m | -82.2% |
| Financial income | 75/76B | €8,953 | €26 | -€8,927 | -99.7% |
| Recurring financial income | 75 | €8,953 | €26 | -€8,927 | -99.7% |
| Income from financial fixed assets | 750 | €7,596 | €0 | -€7,596 | -100% |
| Income from current assets | 751 | €30 | €0 | -€30 | -100% |
| Other financial income | 752/9 | €1,327 | €26 | -€1,301 | -98.0% |
| Financial charges | 65/66B | €234,287 | €272,995 | +€38,709 | +16.5% |
| Recurring financial charges | 65 | €234,287 | €272,995 | +€38,709 | +16.5% |
| Debt charges | 650 | €194,230 | €241,206 | +€46,976 | +24.2% |
| Other financial charges | 652/9 | €40,057 | €31,789 | -€8,268 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €2,023,802 | €126,678 | -€1.9m | -93.7% |
| Income taxes | 67/77 | €548,162 | €25,725 | -€522,437 | -95.3% |
| Taxes | 670/3 | €548,162 | €25,725 | -€522,437 | -95.3% |
| Profit (loss) for the period | 9904 | €1,475,641 | €100,953 | -€1.4m | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,475,641 | €100,953 | -€1.4m | -93.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.