GOY: 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.
GOY
Largest movements
- Receivables within one year -€210,052
down €210,052 (-90.7%), from €231,616 to €21,564
of which Other amounts receivable: -€203,592
- Tangible fixed assets +€154,040
up €154,040 (+29.9%), from €514,883 to €668,923
of which Land and buildings: +€171,267
- Cash -€52,940
down €52,940 (-86.5%), from €61,231 to €8,292
mainly Investment in fixed assets (net) (-€218,320) and Net result for the year (-€67,449)
- Profit (loss) carried forward -€67,449
down €67,449 (-35.2%), from €191,678 to €124,229
- Debts after one year -€24,569
down €24,569 (-7.5%), from €328,767 to €304,198
- Tax, wage and social debts -€8,753
down €8,753 (-63.6%), from €13,753 to €5,000
- Gross operating margin -€87,030
down €87,030, from €77,278 to -€9,752
- Depreciation +€29,309
up €29,309 (+83.8%), from €34,971 to €64,280
- Taxes -€21,498
down €21,498, from €14,436 to -€7,062
- Financial income -€4,937
down €4,937 (-41.3%), from €11,957 to €7,020
- Other operating charges +€875
up €875 (+345.9%), from €253 to €1,128
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 | €807,851 | €698,778 | -€109,073 | -13.5% |
| Fixed assets | 21/28 | €514,883 | €668,923 | +€154,040 | +29.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €514,883 | €668,923 | +€154,040 | +29.9% |
| Land and buildings | 22 | €442,517 | €613,784 | +€171,267 | +38.7% |
| Furniture and vehicles | 24 | €67,105 | €52,663 | -€14,442 | -21.5% |
| Other tangible fixed assets | 26 | €5,261 | €2,476 | -€2,785 | -52.9% |
| Current assets | 29/58 | €292,968 | €29,855 | -€263,113 | -89.8% |
| Amounts receivable within one year | 40/41 | €231,616 | €21,564 | -€210,052 | -90.7% |
| Trade receivables | 40 | €10,000 | €3,540 | -€6,460 | -64.6% |
| Other amounts receivable | 41 | €221,616 | €18,023 | -€203,592 | -91.9% |
| Cash at bank and in hand | 54/58 | €61,231 | €8,292 | -€52,940 | -86.5% |
| Deferred charges and accrued income | 490/1 | €122 | - | -€122 | |
| Total equity and liabilities | 10/49 | €807,851 | €698,778 | -€109,073 | -13.5% |
| Equity | 10/15 | €429,406 | €361,957 | -€67,449 | -15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €219,128 | €219,128 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €217,268 | €217,268 | = | 0.0% |
| Profit (loss) carried forward | 14 | €191,678 | €124,229 | -€67,449 | -35.2% |
| Amounts payable | 17/49 | €378,445 | €336,821 | -€41,624 | -11.0% |
| Amounts payable after more than one year | 17 | €328,767 | €304,198 | -€24,569 | -7.5% |
| Financial debts | 170/4 | €328,767 | €304,198 | -€24,569 | -7.5% |
| Amounts payable within one year | 42/48 | €49,678 | €32,623 | -€17,055 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €31,833 | €27,623 | -€4,210 | -13.2% |
| Trade debts | 44 | €4,092 | - | -€4,092 | |
| Suppliers | 440/4 | €4,092 | - | -€4,092 | |
| Taxes, remuneration and social security | 45 | €13,753 | €5,000 | -€8,753 | -63.6% |
| Taxes | 450/3 | €13,753 | €5,000 | -€8,753 | -63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,971 | €64,280 | +€29,309 | +83.8% |
| Other operating charges | 640/8 | €253 | €1,128 | +€875 | +345.9% |
| Gross operating margin | 9900 | €77,278 | -€9,752 | -€87,030 | |
| Operating profit (loss) | 9901 | €42,055 | -€75,160 | -€117,214 | |
| Financial income | 75/76B | €11,957 | €7,020 | -€4,937 | -41.3% |
| Recurring financial income | 75 | €11,957 | €7,020 | -€4,937 | -41.3% |
| Financial charges | 65/66B | €5,684 | €6,371 | +€687 | +12.1% |
| Recurring financial charges | 65 | €5,684 | €5,892 | +€208 | +3.7% |
| Non-recurring financial charges | 66B | - | €480 | +€480 | |
| Profit (loss) for the period before taxes | 9903 | €48,328 | -€74,511 | -€122,839 | |
| Income taxes | 67/77 | €14,436 | -€7,062 | -€21,498 | |
| Profit (loss) for the period | 9904 | €33,892 | -€67,449 | -€101,341 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,892 | -€67,449 | -€101,341 |
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 6 October 2026 via checked.be.