Gouverneur: 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.
Gouverneur
Largest movements
- Cash +€14,207
up €14,207 (+113%), from €12,540 to €26,747
mainly Net result for the year (+€34,698) and Depreciation (+€13,614)
- Tangible fixed assets +€8,103
up €8,103 (+14.3%), from €56,722 to €64,825
of which Furniture and vehicles: +€7,580
- Receivables within one year -€4,802
down €4,802 (-31.3%), from €15,318 to €10,516
- Reserves +€34,698
up €34,698 (+173%), from €20,006 to €54,704
- Other debts -€22,623
down €22,623 (-89.3%), from €25,320 to €2,697
- Tax, wage and social debts +€4,364
up €4,364 (+12.5%), from €34,988 to €39,351
of which Taxes: +€10,327
- Trade debts +€1,331
up €1,331 (+358%), from €372 to €1,703
- Gross operating margin +€34,871
up €34,871 (+94.7%), from €36,812 to €71,682
- Financial charges -€10,043
down €10,043 (-99.3%), from €10,116 to €74
of which Non-recurring financial charges: -€10,000
- Taxes +€9,931
up €9,931 (+169%), from €5,877 to €15,808
- Depreciation +€9,930
up €9,930 (+270%), from €3,684 to €13,614
- Write-downs +€5,606
new in 2024: €5,606
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.
Derived cash bridge
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 | €85,686 | €103,456 | +€17,770 | +20.7% |
| Fixed assets | 21/28 | €56,722 | €64,825 | +€8,103 | +14.3% |
| Tangible fixed assets | 22/27 | €56,722 | €64,825 | +€8,103 | +14.3% |
| Land and buildings | 22 | €22,524 | €21,267 | -€1,258 | -5.6% |
| Plant, machinery and equipment | 23 | - | €1,780 | +€1,780 | |
| Furniture and vehicles | 24 | €34,198 | €41,778 | +€7,580 | +22.2% |
| Current assets | 29/58 | €28,964 | €38,630 | +€9,667 | +33.4% |
| Amounts receivable within one year | 40/41 | €15,318 | €10,516 | -€4,802 | -31.3% |
| Trade receivables | 40 | €15,318 | €10,516 | -€4,802 | -31.3% |
| Cash at bank and in hand | 54/58 | €12,540 | €26,747 | +€14,207 | +113% |
| Deferred charges and accrued income | 490/1 | €1,106 | €1,367 | +€261 | +23.6% |
| Total equity and liabilities | 10/49 | €85,686 | €103,456 | +€17,770 | +20.7% |
| Equity | 10/15 | €25,006 | €59,704 | +€34,698 | +139% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,006 | €54,704 | +€34,698 | +173% |
| Distributable reserves | 133 | €20,006 | €54,704 | +€34,698 | +173% |
| Amounts payable | 17/49 | €60,680 | €43,752 | -€16,928 | -27.9% |
| Amounts payable within one year | 42/48 | €60,680 | €43,752 | -€16,928 | -27.9% |
| Trade debts | 44 | €372 | €1,703 | +€1,331 | +358% |
| Suppliers | 440/4 | €372 | €1,703 | +€1,331 | +358% |
| Taxes, remuneration and social security | 45 | €34,988 | €39,351 | +€4,364 | +12.5% |
| Taxes | 450/3 | €11,788 | €22,114 | +€10,327 | +87.6% |
| Remuneration and social security | 454/9 | €23,200 | €17,237 | -€5,963 | -25.7% |
| Other amounts payable | 47/48 | €25,320 | €2,697 | -€22,623 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,684 | €13,614 | +€9,930 | +270% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,606 | +€5,606 | |
| Other operating charges | 640/8 | €555 | €1,887 | +€1,332 | +240% |
| Non-recurring operating charges | 66A | €3,145 | - | -€3,145 | |
| Gross operating margin | 9900 | €36,812 | €71,682 | +€34,871 | +94.7% |
| Operating profit (loss) | 9901 | €29,427 | €50,576 | +€21,148 | +71.9% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €10,116 | €74 | -€10,043 | -99.3% |
| Recurring financial charges | 65 | €116 | €74 | -€43 | -36.9% |
| Non-recurring financial charges | 66B | €10,000 | - | -€10,000 | |
| Profit (loss) for the period before taxes | 9903 | €19,311 | €50,506 | +€31,195 | +162% |
| Income taxes | 67/77 | €5,877 | €15,808 | +€9,931 | +169% |
| Profit (loss) for the period | 9904 | €13,434 | €34,698 | +€21,264 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €13,434 | €34,698 | +€21,264 | +158% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.