GOJU: 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.
GOJU
Largest movements
- Cash -€75,777
down €75,777 (-75.3%), from €100,588 to €24,811
mainly Net result for the year (-€102,564) and Debts after one year (-€32,918)
- Tangible fixed assets -€41,023
down €41,023 (-4.4%), from €941,836 to €900,813
of which Land and buildings: -€28,793
- Receivables within one year +€13,102
up €13,102 (+62.3%), from €21,037 to €34,139
- Profit (loss) carried forward -€102,564
down €102,564 (-288.9%), from -€35,501 to -€138,065
- Other debts +€47,458
up €47,458 (+11.0%), from €430,267 to €477,725
- Debts after one year -€32,918
down €32,918 (-6.6%), from €502,366 to €469,448
- Gross operating margin +€24,058
up €24,058, from -€11,191 to €12,868
- Depreciation +€7,000
up €7,000 (+11.2%), from €62,522 to €69,522
- Financial charges -€862
down €862 (-4.6%), from €18,792 to €17,929
- Other operating charges -€248
down €248 (-0.9%), from €28,229 to €27,981
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 | €1,076,680 | €976,644 | -€100,037 | -9.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €941,836 | €900,813 | -€41,023 | -4.4% |
| Tangible fixed assets | 22/27 | €941,836 | €900,813 | -€41,023 | -4.4% |
| Land and buildings | 22 | €921,469 | €892,675 | -€28,793 | -3.1% |
| Plant, machinery and equipment | 23 | €927 | €880 | -€47 | -5.0% |
| Furniture and vehicles | 24 | €19,441 | €7,258 | -€12,183 | -62.7% |
| Current assets | 29/58 | €134,844 | €75,830 | -€59,014 | -43.8% |
| Amounts receivable within one year | 40/41 | €21,037 | €34,139 | +€13,102 | +62.3% |
| Trade receivables | 40 | €21,037 | €34,139 | +€13,102 | +62.3% |
| Cash at bank and in hand | 54/58 | €100,588 | €24,811 | -€75,777 | -75.3% |
| Deferred charges and accrued income | 490/1 | €13,220 | €16,881 | +€3,661 | +27.7% |
| Total equity and liabilities | 10/49 | €1,076,680 | €976,644 | -€100,037 | -9.3% |
| Equity | 10/15 | €81,034 | -€21,530 | -€102,564 | |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €54,562 | €54,562 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,242 | €3,242 | = | 0.0% |
| Legal reserve | 130 | €3,242 | €3,242 | = | 0.0% |
| Distributable reserves | 133 | €51,320 | €51,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,501 | -€138,065 | -€102,564 | -288.9% |
| Amounts payable | 17/49 | €995,647 | €998,174 | +€2,527 | +0.3% |
| Amounts payable after more than one year | 17 | €502,366 | €469,448 | -€32,918 | -6.6% |
| Financial debts | 170/4 | €502,366 | €469,448 | -€32,918 | -6.6% |
| Amounts payable within one year | 42/48 | €482,481 | €525,729 | +€43,248 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €31,835 | €32,918 | +€1,083 | +3.4% |
| Trade debts | 44 | €20,379 | €15,086 | -€5,293 | -26.0% |
| Suppliers | 440/4 | €20,379 | €15,086 | -€5,293 | -26.0% |
| Other amounts payable | 47/48 | €430,267 | €477,725 | +€47,458 | +11.0% |
| Accrued charges and deferred income | 492/3 | €10,800 | €2,997 | -€7,803 | -72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,522 | €69,522 | +€7,000 | +11.2% |
| Other operating charges | 640/8 | €28,229 | €27,981 | -€248 | -0.9% |
| Gross operating margin | 9900 | -€11,191 | €12,868 | +€24,058 | |
| Operating profit (loss) | 9901 | -€101,942 | -€84,635 | +€17,307 | +17.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €18,792 | €17,929 | -€862 | -4.6% |
| Recurring financial charges | 65 | €18,792 | €17,929 | -€862 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€120,734 | -€102,564 | +€18,169 | +15.0% |
| Profit (loss) for the period | 9904 | -€120,734 | -€102,564 | +€18,169 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€120,734 | -€102,564 | +€18,169 | +15.0% |
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.