GOUWY: what changed
What changed
GOUWY
NACE 01.610, Support activities for crop production
filed annual accounts (NBB)
Net result for the year
€13,530
2025 · €43,396-€29,866
Equity
€609,278
2025 · €596,314+€12,964
Cash
€105,695
2025 · €98,747+€6,948
Balance sheet total
€3.1m
2025 · €3.4m-€322,926
Largest movements
Assets
- Tangible fixed assets -€830,525
down €830,525 (-27.9%), from €3.0m to €2.1m
of which Leasing and similar rights: -€739,420
- Receivables within one year +€512,532
up €512,532 (+191%), from €268,704 to €781,236
of which Trade receivables: +€491,499
Equity and liabilities
- Debts after one year -€518,916
down €518,916 (-27.7%), from €1.9m to €1.4m
- Trade debts +€403,300
up €403,300 (+180%), from €224,418 to €627,718
- Current portion of long-term debt -€315,353
down €315,353 (-46.7%), from €674,972 to €359,619
- Short-term financial debts +€100,000
up €100,000, from €0 to €100,000
Income statement
- Gross operating margin -€104,839
down €104,839 (-11.4%), from €916,523 to €811,684
- Depreciation -€97,906
down €97,906 (-18.3%), from €534,812 to €436,906
- Staff costs +€16,274
up €16,274 (+7.3%), from €223,357 to €239,631
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€43,396
Gross operating margin
-€104,839
Staff costs
-€16,274
Depreciation
+€97,906
Other operating charges
-€1,240
Other operating items
-€7,189
Financial income
-€1,414
Financial charges
+€5,535
Taxes
-€2,351
Result 2026
€13,530
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€348,030
Investment
+€393,754
Financing
-€734,836
Cash 2025
€98,747
From operations (derived)
+€348,030
Net result for the year
+€13,530
Depreciation
+€436,906
Stocks and contracts
+€22,840
Receivables within one year
-€512,532
Deferred charges and accrued income
-€11,094
Trade debts
+€403,300
Tax, wage and social debts
+€2,909
Other debts
-€7,411
Accrued charges and deferred income
-€419
Investment (derived)
+€393,754
Investment in fixed assets (net)
+€393,754
Financing
-€734,836
Debts after one year
-€518,916
Current portion of long-term debt
-€315,353
Short-term financial debts
+€100,000
Contributions, distributions and other
-€567
Cash 2026
€105,695
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,415,358 | €3,092,432 | -€322,926 | -9.5% |
| Fixed assets | 21/28 | €2,977,027 | €2,146,367 | -€830,660 | -27.9% |
| Tangible fixed assets | 22/27 | €2,976,862 | €2,146,337 | -€830,525 | -27.9% |
| Land and buildings | 22 | €1,239,191 | €1,186,524 | -€52,668 | -4.3% |
| Plant, machinery and equipment | 23 | €477,744 | €535,026 | +€57,282 | +12.0% |
| Furniture and vehicles | 24 | €97,783 | €2,064 | -€95,720 | -97.9% |
| Leasing and similar rights | 25 | €1,162,143 | €422,724 | -€739,420 | -63.6% |
| Financial fixed assets | 28 | €165 | €30 | -€135 | -81.8% |
| Current assets | 29/58 | €438,331 | €946,065 | +€507,734 | +116% |
| Stocks and contracts in progress | 3 | €43,000 | €20,160 | -€22,840 | -53.1% |
| Stocks | 30/36 | €43,000 | €20,160 | -€22,840 | -53.1% |
| Amounts receivable within one year | 40/41 | €268,704 | €781,236 | +€512,532 | +191% |
| Trade receivables | 40 | €245,265 | €736,764 | +€491,499 | +200% |
| Other amounts receivable | 41 | €23,439 | €44,472 | +€21,033 | +89.7% |
| Cash at bank and in hand | 54/58 | €98,747 | €105,695 | +€6,948 | +7.0% |
| Deferred charges and accrued income | 490/1 | €27,880 | €38,974 | +€11,094 | +39.8% |
| Total equity and liabilities | 10/49 | €3,415,358 | €3,092,432 | -€322,926 | -9.5% |
| Equity | 10/15 | €596,314 | €609,278 | +€12,964 | +2.2% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €469,200 | €489,200 | +€20,000 | +4.3% |
| Tax-exempt reserves | 132 | €16,200 | €16,200 | = | 0.0% |
| Distributable reserves | 133 | €453,000 | €473,000 | +€20,000 | +4.4% |
| Profit (loss) carried forward | 14 | €36,583 | €30,113 | -€6,470 | -17.7% |
| Investment grants | 15 | €10,531 | €9,965 | -€567 | -5.4% |
| Amounts payable | 17/49 | €2,819,044 | €2,483,154 | -€335,890 | -11.9% |
| Amounts payable after more than one year | 17 | €1,871,146 | €1,352,230 | -€518,916 | -27.7% |
| Financial debts | 170/4 | €1,871,146 | €1,352,230 | -€518,916 | -27.7% |
| Amounts payable within one year | 42/48 | €941,425 | €1,124,870 | +€183,445 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €674,972 | €359,619 | -€315,353 | -46.7% |
| Financial debts | 43 | €0 | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | €0 | €100,000 | +€100,000 | |
| Trade debts | 44 | €224,418 | €627,718 | +€403,300 | +180% |
| Suppliers | 440/4 | €224,418 | €627,718 | +€403,300 | +180% |
| Taxes, remuneration and social security | 45 | €34,313 | €37,223 | +€2,909 | +8.5% |
| Taxes | 450/3 | €1,500 | €3,277 | +€1,777 | +118% |
| Remuneration and social security | 454/9 | €32,813 | €33,946 | +€1,132 | +3.5% |
| Other amounts payable | 47/48 | €7,722 | €311 | -€7,411 | -96.0% |
| Accrued charges and deferred income | 492/3 | €6,473 | €6,054 | -€419 | -6.5% |
| Non-recurring operating income | 76A | €0 | €23,679 | +€23,679 | |
| Remuneration, social security and pensions | 62 | €223,357 | €239,631 | +€16,274 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534,812 | €436,906 | -€97,906 | -18.3% |
| Other operating charges | 640/8 | €12,217 | €13,457 | +€1,240 | +10.1% |
| Non-recurring operating charges | 66A | €6,368 | €13,556 | +€7,189 | +113% |
| Gross operating margin | 9900 | €916,523 | €811,684 | -€104,839 | -11.4% |
| Operating profit (loss) | 9901 | €139,770 | €108,134 | -€31,636 | -22.6% |
| Financial income | 75/76B | €2,037 | €623 | -€1,414 | -69.4% |
| Recurring financial income | 75 | €2,037 | €623 | -€1,414 | -69.4% |
| Financial charges | 65/66B | €98,382 | €92,847 | -€5,535 | -5.6% |
| Recurring financial charges | 65 | €98,382 | €92,847 | -€5,535 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €43,425 | €15,910 | -€27,515 | -63.4% |
| Income taxes | 67/77 | €28 | €2,380 | +€2,351 | +8,300% |
| Profit (loss) for the period | 9904 | €43,396 | €13,530 | -€29,866 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,396 | €13,530 | -€29,866 | -68.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.