GOUVYMAT: 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.
GOUVYMAT
Largest movements
- Receivables within one year +€66,946
up €66,946 (+9.0%), from €742,512 to €809,458
of which Trade receivables: +€66,946
- Tangible fixed assets -€61,962
down €61,962 (-25.1%), from €246,710 to €184,749
- Stocks and contracts -€33,383
down €33,383 (-5.1%), from €656,704 to €623,322
- Debts after one year -€123,023
down €123,023 (-21.2%), from €580,749 to €457,727
- Accrued charges and deferred income +€100,574
up €100,574 (+241%), from €41,789 to €142,363
- Current portion of long-term debt +€90,821
up €90,821 (+289%), from €31,441 to €122,263
- Profit (loss) carried forward -€44,135
down €44,135 (-41.8%), from €105,655 to €61,520
- Trade debts -€43,168
down €43,168 (-17.6%), from €244,826 to €201,658
- Gross operating margin -€189,663
down €189,663 (-35.6%), from €532,749 to €343,086
- Depreciation -€68,276
down €68,276 (-46.7%), from €146,250 to €77,974
- Staff costs -€63,396
down €63,396 (-19.5%), from €325,518 to €262,123
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 | €1,736,273 | €1,698,921 | -€37,352 | -2.2% |
| Fixed assets | 21/28 | €277,901 | €217,382 | -€60,520 | -21.8% |
| Intangible fixed assets | 21 | €31,191 | €32,633 | +€1,442 | +4.6% |
| Tangible fixed assets | 22/27 | €246,710 | €184,749 | -€61,962 | -25.1% |
| Land and buildings | 22 | €69,403 | €59,813 | -€9,590 | -13.8% |
| Plant, machinery and equipment | 23 | €24,325 | €18,898 | -€5,427 | -22.3% |
| Furniture and vehicles | 24 | €89,104 | €64,159 | -€24,945 | -28.0% |
| Leasing and similar rights | 25 | €63,878 | €41,878 | -€22,000 | -34.4% |
| Current assets | 29/58 | €1,458,371 | €1,481,539 | +€23,168 | +1.6% |
| Stocks and contracts in progress | 3 | €656,704 | €623,322 | -€33,383 | -5.1% |
| Stocks | 30/36 | €656,704 | €623,322 | -€33,383 | -5.1% |
| Amounts receivable within one year | 40/41 | €742,512 | €809,458 | +€66,946 | +9.0% |
| Trade receivables | 40 | €420,286 | €487,232 | +€66,946 | +15.9% |
| Other amounts receivable | 41 | €322,226 | €322,226 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €59,154 | €48,759 | -€10,395 | -17.6% |
| Total equity and liabilities | 10/49 | €1,736,273 | €1,698,921 | -€37,352 | -2.2% |
| Equity | 10/15 | €548,155 | €504,020 | -€44,135 | -8.1% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €267,500 | €267,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €267,500 | €267,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,500 | €17,500 | = | 0.0% |
| Other | 1319 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,655 | €61,520 | -€44,135 | -41.8% |
| Amounts payable | 17/49 | €1,188,117 | €1,194,900 | +€6,783 | +0.6% |
| Amounts payable after more than one year | 17 | €580,749 | €457,727 | -€123,023 | -21.2% |
| Financial debts | 170/4 | €580,749 | €457,727 | -€123,023 | -21.2% |
| Amounts payable within one year | 42/48 | €565,579 | €594,811 | +€29,232 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €31,441 | €122,263 | +€90,821 | +289% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €244,826 | €201,658 | -€43,168 | -17.6% |
| Suppliers | 440/4 | €244,826 | €201,658 | -€43,168 | -17.6% |
| Taxes, remuneration and social security | 45 | €62,174 | €43,752 | -€18,422 | -29.6% |
| Taxes | 450/3 | €18,128 | €23,708 | +€5,580 | +30.8% |
| Remuneration and social security | 454/9 | €44,046 | €20,044 | -€24,002 | -54.5% |
| Other amounts payable | 47/48 | €127,138 | €127,138 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €41,789 | €142,363 | +€100,574 | +241% |
| Remuneration, social security and pensions | 62 | €325,518 | €262,123 | -€63,396 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,250 | €77,974 | -€68,276 | -46.7% |
| Other operating charges | 640/8 | €8,725 | €6,998 | -€1,727 | -19.8% |
| Gross operating margin | 9900 | €532,749 | €343,086 | -€189,663 | -35.6% |
| Operating profit (loss) | 9901 | €52,255 | -€4,010 | -€56,265 | |
| Financial income | 75/76B | €5,124 | €4,843 | -€281 | -5.5% |
| Recurring financial income | 75 | €5,124 | €4,843 | -€281 | -5.5% |
| Financial charges | 65/66B | €40,100 | €44,968 | +€4,868 | +12.1% |
| Recurring financial charges | 65 | €40,100 | €44,968 | +€4,868 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €17,279 | -€44,135 | -€61,414 | |
| Profit (loss) for the period | 9904 | €17,279 | -€44,135 | -€61,414 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,279 | -€44,135 | -€61,414 |
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 17 October 2026 via checked.be.