GOVERS WOONPROJECTEN: 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.
GOVERS WOONPROJECTEN
Largest movements
- Cash -€516,267
down €516,267 (-70.5%), from €732,309 to €216,042
mainly Debts after one year (-€459,408) and Stocks and contracts (-€340,823)
- Stocks and contracts +€340,823
up €340,823 (+54.7%), from €623,288 to €964,111
- Receivables within one year +€83,141
up €83,141 (+134%), from €61,859 to €145,000
of which Trade receivables: +€84,712
- Tangible fixed assets -€27,612
down €27,612 (-2.5%), from €1.1m to €1.1m
of which Land and buildings: -€30,376
- Debts after one year -€459,408
down €459,408 (-37.3%), from €1.2m to €770,753
- Other debts +€329,389
up €329,389 (+78.6%), from €419,116 to €748,504
- Reserves +€113,830
up €113,830 (+20.4%), from €557,698 to €671,527
- Trade debts -€106,456
down €106,456 (-99.9%), from €106,550 to €93
- Gross operating margin +€291,201
up €291,201 (+171%), from €169,942 to €461,143
- Taxes +€91,377
up €91,377 (+356%), from €25,686 to €117,063
- Financial income +€8,680
up €8,680 (+101%), from €8,590 to €17,270
- Financial charges +€7,269
up €7,269 (+10.3%), from €70,829 to €78,098
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 | €2,531,982 | €2,413,688 | -€118,294 | -4.7% |
| Fixed assets | 21/28 | €1,113,873 | €1,086,262 | -€27,612 | -2.5% |
| Tangible fixed assets | 22/27 | €1,113,873 | €1,086,262 | -€27,612 | -2.5% |
| Land and buildings | 22 | €1,113,873 | €1,083,497 | -€30,376 | -2.7% |
| Plant, machinery and equipment | 23 | - | €2,764 | +€2,764 | |
| Current assets | 29/58 | €1,418,109 | €1,327,427 | -€90,682 | -6.4% |
| Stocks and contracts in progress | 3 | €623,288 | €964,111 | +€340,823 | +54.7% |
| Stocks | 30/36 | €623,288 | €964,111 | +€340,823 | +54.7% |
| Amounts receivable within one year | 40/41 | €61,859 | €145,000 | +€83,141 | +134% |
| Trade receivables | 40 | €60,288 | €145,000 | +€84,712 | +141% |
| Other amounts receivable | 41 | €1,571 | €0 | -€1,571 | -100% |
| Cash at bank and in hand | 54/58 | €732,309 | €216,042 | -€516,267 | -70.5% |
| Deferred charges and accrued income | 490/1 | €653 | €2,273 | +€1,621 | +248% |
| Total equity and liabilities | 10/49 | €2,531,982 | €2,413,688 | -€118,294 | -4.7% |
| Equity | 10/15 | €677,698 | €791,527 | +€113,830 | +16.8% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €557,698 | €671,527 | +€113,830 | +20.4% |
| Distributable reserves | 133 | €557,698 | €671,527 | +€113,830 | +20.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,854,285 | €1,622,161 | -€232,124 | -12.5% |
| Amounts payable after more than one year | 17 | €1,230,161 | €770,753 | -€459,408 | -37.3% |
| Financial debts | 170/4 | €1,230,161 | €770,753 | -€459,408 | -37.3% |
| Amounts payable within one year | 42/48 | €591,745 | €814,731 | +€222,985 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €33,433 | €34,408 | +€974 | +2.9% |
| Financial debts | 43 | €8,130 | €0 | -€8,130 | -100% |
| Credit institutions | 430/8 | €8,130 | €0 | -€8,130 | -100% |
| Trade debts | 44 | €106,550 | €93 | -€106,456 | -99.9% |
| Suppliers | 440/4 | €106,550 | €93 | -€106,456 | -99.9% |
| Taxes, remuneration and social security | 45 | €24,517 | €31,725 | +€7,208 | +29.4% |
| Taxes | 450/3 | €24,517 | €31,725 | +€7,208 | +29.4% |
| Other amounts payable | 47/48 | €419,116 | €748,504 | +€329,389 | +78.6% |
| Accrued charges and deferred income | 492/3 | €32,379 | €36,678 | +€4,299 | +13.3% |
| Non-recurring operating income | 76A | €10,457 | €0 | -€10,457 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,842 | €30,388 | +€4,546 | +17.6% |
| Other operating charges | 640/8 | €1,133 | €2,148 | +€1,015 | +89.5% |
| Gross operating margin | 9900 | €169,942 | €461,143 | +€291,201 | +171% |
| Operating profit (loss) | 9901 | €142,966 | €428,607 | +€285,641 | +200% |
| Financial income | 75/76B | €8,590 | €17,270 | +€8,680 | +101% |
| Recurring financial income | 75 | €8,590 | €17,270 | +€8,680 | +101% |
| Financial charges | 65/66B | €70,829 | €78,098 | +€7,269 | +10.3% |
| Recurring financial charges | 65 | €70,829 | €78,098 | +€7,269 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €80,728 | €367,779 | +€287,051 | +356% |
| Income taxes | 67/77 | €25,686 | €117,063 | +€91,377 | +356% |
| Profit (loss) for the period | 9904 | €55,042 | €250,716 | +€195,674 | +356% |
| Profit (loss) for the period to be appropriated | 9905 | €55,042 | €250,716 | +€195,674 | +356% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.