GOOD MAINTAIN: 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.
GOOD MAINTAIN
Largest movements
- Receivables within one year +€52,401
up €52,401 (+111.7%), from €46,907 to €99,308
of which Other amounts receivable: +€27,667
- Cash -€36,634
down €36,634 (-96.4%), from €38,020 to €1,386
mainly Receivables within one year (-€52,401) and Advances received (-€31,786)
- Tangible fixed assets -€12,940
down €12,940 (-21.4%), from €60,370 to €47,430
of which Furniture and vehicles: -€12,292
- Advances received -€31,786
no longer reported in 2024 (was €31,786)
- Tax, wage and social debts +€22,400
up €22,400 (+77.1%), from €29,043 to €51,443
of which Remuneration and social security: +€23,765
- Debts after one year +€15,000
new in 2024: €15,000
- Trade debts -€3,763
down €3,763 (-46.6%), from €8,075 to €4,312
- Staff costs +€166,511
up €166,511 (+132.7%), from €125,447 to €291,958
- Gross operating margin +€112,949
up €112,949 (+55.4%), from €203,714 to €316,663
- Taxes -€21,454
no longer reported in 2024 (was €21,454)
- Depreciation +€8,463
up €8,463 (+73.8%), from €11,471 to €19,935
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,498 | €153,324 | +€2,826 | +1.9% |
| Fixed assets | 21/28 | €65,570 | €52,630 | -€12,940 | -19.7% |
| Tangible fixed assets | 22/27 | €60,370 | €47,430 | -€12,940 | -21.4% |
| Plant, machinery and equipment | 23 | €1,216 | €724 | -€492 | -40.5% |
| Furniture and vehicles | 24 | €58,951 | €46,660 | -€12,292 | -20.9% |
| Other tangible fixed assets | 26 | €203 | €46 | -€157 | -77.1% |
| Financial fixed assets | 28 | €5,200 | €5,200 | = | 0.0% |
| Current assets | 29/58 | €84,927 | €100,694 | +€15,767 | +18.6% |
| Amounts receivable within one year | 40/41 | €46,907 | €99,308 | +€52,401 | +111.7% |
| Trade receivables | 40 | €20,560 | €45,294 | +€24,734 | +120.3% |
| Other amounts receivable | 41 | €26,347 | €54,014 | +€27,667 | +105.0% |
| Cash at bank and in hand | 54/58 | €38,020 | €1,386 | -€36,634 | -96.4% |
| Total equity and liabilities | 10/49 | €150,498 | €153,324 | +€2,826 | +1.9% |
| Equity | 10/15 | €81,593 | €82,569 | +€976 | +1.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,593 | €75,569 | +€976 | +1.3% |
| Amounts payable | 17/49 | €68,904 | €70,755 | +€1,850 | +2.7% |
| Amounts payable after more than one year | 17 | - | €15,000 | +€15,000 | |
| Financial debts | 170/4 | - | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €68,904 | €55,755 | -€13,150 | -19.1% |
| Trade debts | 44 | €8,075 | €4,312 | -€3,763 | -46.6% |
| Suppliers | 440/4 | €8,075 | €4,312 | -€3,763 | -46.6% |
| Advances received on contracts in progress | 46 | €31,786 | - | -€31,786 | |
| Taxes, remuneration and social security | 45 | €29,043 | €51,443 | +€22,400 | +77.1% |
| Taxes | 450/3 | €13,266 | €11,900 | -€1,365 | -10.3% |
| Remuneration and social security | 454/9 | €15,778 | €39,543 | +€23,765 | +150.6% |
| Remuneration, social security and pensions | 62 | €125,447 | €291,958 | +€166,511 | +132.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,471 | €19,935 | +€8,463 | +73.8% |
| Other operating charges | 640/8 | €2,794 | €2,415 | -€379 | -13.6% |
| Gross operating margin | 9900 | €203,714 | €316,663 | +€112,949 | +55.4% |
| Operating profit (loss) | 9901 | €64,001 | €2,354 | -€61,647 | -96.3% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €297 | €1,389 | +€1,092 | +367.9% |
| Recurring financial charges | 65 | €297 | €1,389 | +€1,092 | +367.9% |
| Profit (loss) for the period before taxes | 9903 | €63,704 | €976 | -€62,728 | -98.5% |
| Income taxes | 67/77 | €21,454 | - | -€21,454 | |
| Profit (loss) for the period | 9904 | €42,251 | €976 | -€41,275 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,251 | €976 | -€41,275 | -97.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.