GONEST: 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.
GONEST
Largest movements
- Tangible fixed assets -€32,003
down €32,003 (-3.0%), from €1.1m to €1.0m
of which Land and buildings: -€31,402
- Debts after one year -€46,649
down €46,649 (-5.4%), from €865,188 to €818,539
of which Financial debts: -€37,034
- Revaluation surpluses -€19,208
down €19,208 (-9.9%), from €194,521 to €175,313
- Reserves +€19,208
up €19,208 (+6.9%), from €280,121 to €299,329
- Depreciation -€52,143
down €52,143 (-53.9%), from €96,814 to €44,671
- Gross operating margin -€3,116
down €3,116 (-5.1%), from €61,372 to €58,256
- Financial income -€1,800
no longer reported in 2025 (was €1,800)
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 | €1,126,385 | €1,087,320 | -€39,065 | -3.5% |
| Formation expenses | 20 | €958 | €211 | -€747 | -78.0% |
| Fixed assets | 21/28 | €1,085,745 | €1,053,742 | -€32,003 | -2.9% |
| Tangible fixed assets | 22/27 | €1,081,795 | €1,049,792 | -€32,003 | -3.0% |
| Land and buildings | 22 | €1,080,238 | €1,048,836 | -€31,402 | -2.9% |
| Furniture and vehicles | 24 | €1,557 | €956 | -€601 | -38.6% |
| Financial fixed assets | 28 | €3,950 | €3,950 | = | 0.0% |
| Current assets | 29/58 | €39,682 | €33,367 | -€6,316 | -15.9% |
| Amounts receivable within one year | 40/41 | €14,756 | €9,749 | -€5,007 | -33.9% |
| Trade receivables | 40 | €14,260 | €7,000 | -€7,260 | -50.9% |
| Other amounts receivable | 41 | €496 | €2,749 | +€2,253 | +454.4% |
| Cash at bank and in hand | 54/58 | €23,559 | €22,557 | -€1,002 | -4.3% |
| Deferred charges and accrued income | 490/1 | €1,367 | €1,060 | -€307 | -22.5% |
| Total equity and liabilities | 10/49 | €1,126,385 | €1,087,320 | -€39,065 | -3.5% |
| Equity | 10/15 | €226,572 | €225,947 | -€625 | -0.3% |
| Contributions | 10/11 | €215,987 | €215,987 | = | 0.0% |
| Revaluation surpluses | 12 | €194,521 | €175,313 | -€19,208 | -9.9% |
| Reserves | 13 | €280,121 | €299,329 | +€19,208 | +6.9% |
| Distributable reserves | 133 | €280,121 | €299,329 | +€19,208 | +6.9% |
| Profit (loss) carried forward | 14 | -€464,056 | -€464,681 | -€625 | -0.1% |
| Amounts payable | 17/49 | €899,813 | €861,373 | -€38,440 | -4.3% |
| Amounts payable after more than one year | 17 | €865,188 | €818,539 | -€46,649 | -5.4% |
| Financial debts | 170/4 | €682,460 | €645,426 | -€37,034 | -5.4% |
| Other amounts payable | 178/9 | €182,728 | €173,113 | -€9,615 | -5.3% |
| Amounts payable within one year | 42/48 | €34,625 | €40,570 | +€5,945 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €33,134 | €35,540 | +€2,406 | +7.3% |
| Trade debts | 44 | €104 | €2,809 | +€2,704 | +2590.0% |
| Suppliers | 440/4 | €104 | €2,809 | +€2,704 | +2590.0% |
| Taxes, remuneration and social security | 45 | €1,386 | €2,221 | +€834 | +60.2% |
| Taxes | 450/3 | €1,386 | €2,221 | +€834 | +60.2% |
| Accrued charges and deferred income | 492/3 | - | €2,264 | +€2,264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,814 | €44,671 | -€52,143 | -53.9% |
| Other operating charges | 640/8 | €923 | €1,125 | +€203 | +22.0% |
| Gross operating margin | 9900 | €61,372 | €58,256 | -€3,116 | -5.1% |
| Operating profit (loss) | 9901 | -€36,365 | €12,460 | +€48,824 | |
| Financial income | 75/76B | €1,800 | - | -€1,800 | |
| Recurring financial income | 75 | €1,800 | - | -€1,800 | |
| Financial charges | 65/66B | €13,458 | €13,085 | -€373 | -2.8% |
| Recurring financial charges | 65 | €13,458 | €13,085 | -€373 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | -€48,022 | -€625 | +€47,397 | +98.7% |
| Income taxes | 67/77 | €160 | - | -€160 | |
| Profit (loss) for the period | 9904 | -€48,182 | -€625 | +€47,557 | +98.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,182 | -€625 | +€47,557 | +98.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.