GOHY GROUP: 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.
GOHY GROUP
Largest movements
- Receivables within one year -€121,400
down €121,400 (-9.8%), from €1.2m to €1.1m
of which Trade receivables: -€114,669
- Intangible fixed assets +€96,186
up €96,186, from €0 to €96,186
- Cash -€57,936
down €57,936 (-53.8%), from €107,702 to €49,766
mainly Contributions, distributions and other (-€200,000) and Investment in fixed assets (net) (-€196,657)
- Tangible fixed assets +€33,618
up €33,618 (+14.7%), from €228,188 to €261,806
of which Furniture and vehicles: +€33,793
- Tax, wage and social debts -€178,981
down €178,981 (-54.5%), from €328,204 to €149,223
of which Taxes: -€191,937
- Other debts +€121,001
up €121,001 (+15.2%), from €797,685 to €918,686
- Current portion of long-term debt -€79,737
down €79,737 (-27.0%), from €295,454 to €215,717
- Profit (loss) carried forward +€79,023
up €79,023 (+6.8%), from €1.2m to €1.2m
- Staff costs +€100,987
up €100,987 (+14.9%), from €677,300 to €778,287
- Taxes -€32,406
down €32,406 (-25.5%), from €127,037 to €94,631
- Gross operating margin +€25,727
up €25,727 (+2.2%), from €1.2m to €1.2m
- Depreciation +€16,620
up €16,620 (+33.1%), from €50,233 to €66,854
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 | €3,087,335 | €3,032,435 | -€54,900 | -1.8% |
| Fixed assets | 21/28 | €1,735,688 | €1,865,492 | +€129,803 | +7.5% |
| Intangible fixed assets | 21 | €0 | €96,186 | +€96,186 | |
| Tangible fixed assets | 22/27 | €228,188 | €261,806 | +€33,618 | +14.7% |
| Furniture and vehicles | 24 | €227,204 | €260,997 | +€33,793 | +14.9% |
| Other tangible fixed assets | 26 | €984 | €809 | -€175 | -17.8% |
| Financial fixed assets | 28 | €1,507,500 | €1,507,500 | = | 0.0% |
| Current assets | 29/58 | €1,351,646 | €1,166,943 | -€184,703 | -13.7% |
| Amounts receivable within one year | 40/41 | €1,235,641 | €1,114,241 | -€121,400 | -9.8% |
| Trade receivables | 40 | €1,221,896 | €1,107,227 | -€114,669 | -9.4% |
| Other amounts receivable | 41 | €13,745 | €7,014 | -€6,731 | -49.0% |
| Cash at bank and in hand | 54/58 | €107,702 | €49,766 | -€57,936 | -53.8% |
| Deferred charges and accrued income | 490/1 | €8,303 | €2,936 | -€5,368 | -64.6% |
| Total equity and liabilities | 10/49 | €3,087,335 | €3,032,435 | -€54,900 | -1.8% |
| Equity | 10/15 | €1,178,587 | €1,257,610 | +€79,023 | +6.7% |
| Contributions | 10/11 | €19,200 | €19,200 | = | 0.0% |
| Reserves | 13 | €1,920 | €1,920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,920 | €1,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,157,467 | €1,236,490 | +€79,023 | +6.8% |
| Amounts payable | 17/49 | €1,908,748 | €1,774,825 | -€133,923 | -7.0% |
| Amounts payable after more than one year | 17 | €163,289 | €142,075 | -€21,215 | -13.0% |
| Financial debts | 170/4 | €163,289 | €142,075 | -€21,215 | -13.0% |
| Amounts payable within one year | 42/48 | €1,745,458 | €1,632,750 | -€112,708 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €295,454 | €215,717 | -€79,737 | -27.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €324,116 | €349,124 | +€25,008 | +7.7% |
| Suppliers | 440/4 | €324,116 | €349,124 | +€25,008 | +7.7% |
| Taxes, remuneration and social security | 45 | €328,204 | €149,223 | -€178,981 | -54.5% |
| Taxes | 450/3 | €230,304 | €38,367 | -€191,937 | -83.3% |
| Remuneration and social security | 454/9 | €97,900 | €110,856 | +€12,956 | +13.2% |
| Other amounts payable | 47/48 | €797,685 | €918,686 | +€121,001 | +15.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €677,300 | €778,287 | +€100,987 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,233 | €66,854 | +€16,620 | +33.1% |
| Other operating charges | 640/8 | €1,541 | €1,174 | -€367 | -23.8% |
| Non-recurring operating charges | 66A | - | €2,952 | +€2,952 | |
| Gross operating margin | 9900 | €1,164,579 | €1,190,306 | +€25,727 | +2.2% |
| Operating profit (loss) | 9901 | €435,505 | €341,040 | -€94,465 | -21.7% |
| Financial income | 75/76B | €45,000 | €45,000 | = | 0.0% |
| Recurring financial income | 75 | €45,000 | €45,000 | = | 0.0% |
| Financial charges | 65/66B | €8,167 | €12,386 | +€4,218 | +51.6% |
| Recurring financial charges | 65 | €8,167 | €12,386 | +€4,218 | +51.6% |
| Profit (loss) for the period before taxes | 9903 | €472,337 | €373,654 | -€98,683 | -20.9% |
| Income taxes | 67/77 | €127,037 | €94,631 | -€32,406 | -25.5% |
| Profit (loss) for the period | 9904 | €345,300 | €279,023 | -€66,277 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €345,300 | €279,023 | -€66,277 | -19.2% |
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 18 October 2026 via checked.be.