GONAY Patrick: 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.
GONAY Patrick
Largest movements
- Cash +€89,818
up €89,818 (+175%), from €51,332 to €141,149
mainly Net result for the year (+€92,975) and Trade debts (+€7,949)
- Deferred charges and accrued income -€7,480
down €7,480 (-33.1%), from €22,621 to €15,141
- Current investments -€5,067
down €5,067 (-83.8%), from €6,050 to €982
- Receivables within one year +€2,939
up €2,939 (+4.7%), from €62,826 to €65,765
of which Trade receivables: +€2,378
- Reserves +€92,975
up €92,975 (+96.7%), from €96,148 to €189,123
- Other debts -€10,743
down €10,743 (-84.7%), from €12,679 to €1,936
- Tax, wage and social debts -€8,558
down €8,558 (-40.5%), from €21,156 to €12,598
of which Remuneration and social security: -€12,505
- Trade debts +€7,949
up €7,949 (+110%), from €7,215 to €15,164
- Gross operating margin +€16,189
up €16,189 (+5.5%), from €294,448 to €310,638
- Staff costs +€4,001
up €4,001 (+2.3%), from €176,218 to €180,219
- Taxes +€3,581
up €3,581 (+16.6%), from €21,561 to €25,142
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 | €147,198 | €228,821 | +€81,623 | +55.5% |
| Fixed assets | 21/28 | €4,370 | €5,783 | +€1,413 | +32.3% |
| Tangible fixed assets | 22/27 | €4,370 | €5,783 | +€1,413 | +32.3% |
| Plant, machinery and equipment | 23 | €4,329 | €5,783 | +€1,454 | +33.6% |
| Furniture and vehicles | 24 | €41 | - | -€41 | |
| Current assets | 29/58 | €142,828 | €223,038 | +€80,210 | +56.2% |
| Amounts receivable within one year | 40/41 | €62,826 | €65,765 | +€2,939 | +4.7% |
| Trade receivables | 40 | €59,641 | €62,019 | +€2,378 | +4.0% |
| Other amounts receivable | 41 | €3,184 | €3,746 | +€561 | +17.6% |
| Current investments | 50/53 | €6,050 | €982 | -€5,067 | -83.8% |
| Cash at bank and in hand | 54/58 | €51,332 | €141,149 | +€89,818 | +175% |
| Deferred charges and accrued income | 490/1 | €22,621 | €15,141 | -€7,480 | -33.1% |
| Total equity and liabilities | 10/49 | €147,198 | €228,821 | +€81,623 | +55.5% |
| Equity | 10/15 | €106,148 | €199,123 | +€92,975 | +87.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €96,148 | €189,123 | +€92,975 | +96.7% |
| Distributable reserves | 133 | €96,148 | €189,123 | +€92,975 | +96.7% |
| Amounts payable | 17/49 | €41,050 | €29,698 | -€11,352 | -27.7% |
| Amounts payable within one year | 42/48 | €41,050 | €29,698 | -€11,352 | -27.7% |
| Trade debts | 44 | €7,215 | €15,164 | +€7,949 | +110% |
| Suppliers | 440/4 | €7,215 | €15,164 | +€7,949 | +110% |
| Taxes, remuneration and social security | 45 | €21,156 | €12,598 | -€8,558 | -40.5% |
| Taxes | 450/3 | €5,974 | €9,921 | +€3,947 | +66.1% |
| Remuneration and social security | 454/9 | €15,182 | €2,677 | -€12,505 | -82.4% |
| Other amounts payable | 47/48 | €12,679 | €1,936 | -€10,743 | -84.7% |
| Remuneration, social security and pensions | 62 | €176,218 | €180,219 | +€4,001 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,633 | €2,337 | -€1,296 | -35.7% |
| Other operating charges | 640/8 | €2,289 | €2,685 | +€396 | +17.3% |
| Gross operating margin | 9900 | €294,448 | €310,638 | +€16,189 | +5.5% |
| Operating profit (loss) | 9901 | €112,309 | €125,397 | +€13,089 | +11.7% |
| Financial income | 75/76B | €28 | €200 | +€172 | +616% |
| Recurring financial income | 75 | €28 | €200 | +€172 | +616% |
| Financial charges | 65/66B | €8,531 | €7,481 | -€1,049 | -12.3% |
| Recurring financial charges | 65 | €8,531 | €7,481 | -€1,049 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €103,806 | €118,116 | +€14,310 | +13.8% |
| Income taxes | 67/77 | €21,561 | €25,142 | +€3,581 | +16.6% |
| Profit (loss) for the period | 9904 | €82,245 | €92,975 | +€10,730 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,245 | €92,975 | +€10,730 | +13.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.