Goyvers: 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.
Goyvers
Largest movements
- Tangible fixed assets -€77,247
down €77,247 (-6.2%), from €1.3m to €1.2m
of which Land and buildings: -€50,645
- Debts after one year -€81,421
down €81,421 (-19.3%), from €422,552 to €341,131
of which Financial debts: -€133,630
- Reserves +€24,008
up €24,008 (+3.7%), from €656,259 to €680,267
- Gross operating margin -€34,254
down €34,254 (-19.7%), from €173,481 to €139,227
- Taxes -€12,861
down €12,861 (-63.6%), from €20,212 to €7,351
- Financial charges +€4,985
up €4,985 (+36.3%), from €13,751 to €18,736
- Depreciation +€4,577
up €4,577 (+6.1%), from €75,570 to €80,147
- Other operating charges -€3,773
down €3,773 (-29.6%), from €12,758 to €8,985
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.
Cash bridge derived
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 | €1,261,199 | €1,197,709 | -€63,490 | -5.0% |
| Fixed assets | 21/28 | €1,253,346 | €1,176,099 | -€77,247 | -6.2% |
| Tangible fixed assets | 22/27 | €1,253,346 | €1,176,099 | -€77,247 | -6.2% |
| Land and buildings | 22 | €1,149,335 | €1,098,690 | -€50,645 | -4.4% |
| Plant, machinery and equipment | 23 | €3,214 | €4,350 | +€1,137 | +35.4% |
| Furniture and vehicles | 24 | €100,797 | €73,058 | -€27,739 | -27.5% |
| Current assets | 29/58 | €7,853 | €21,610 | +€13,757 | +175.2% |
| Amounts receivable within one year | 40/41 | €0 | €10,909 | +€10,909 | |
| Trade receivables | 40 | €0 | €7,260 | +€7,260 | |
| Other amounts receivable | 41 | €0 | €3,649 | +€3,649 | |
| Cash at bank and in hand | 54/58 | €7,853 | €8,456 | +€603 | +7.7% |
| Deferred charges and accrued income | 490/1 | €0 | €2,245 | +€2,245 | |
| Total equity and liabilities | 10/49 | €1,261,199 | €1,197,709 | -€63,490 | -5.0% |
| Equity | 10/15 | €678,259 | €702,267 | +€24,008 | +3.5% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €656,259 | €680,267 | +€24,008 | +3.7% |
| Distributable reserves | 133 | €656,259 | €680,267 | +€24,008 | +3.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €582,940 | €495,442 | -€87,498 | -15.0% |
| Amounts payable after more than one year | 17 | €422,552 | €341,131 | -€81,421 | -19.3% |
| Financial debts | 170/4 | €377,090 | €243,459 | -€133,630 | -35.4% |
| Other amounts payable | 178/9 | €45,462 | €97,672 | +€52,209 | +114.8% |
| Amounts payable within one year | 42/48 | €160,388 | €154,311 | -€6,077 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €129,928 | €133,630 | +€3,703 | +2.8% |
| Trade debts | 44 | €501 | €2,392 | +€1,890 | +377.1% |
| Suppliers | 440/4 | €501 | €2,392 | +€1,890 | +377.1% |
| Taxes, remuneration and social security | 45 | €24,956 | €13,731 | -€11,225 | -45.0% |
| Taxes | 450/3 | €24,956 | €13,731 | -€11,225 | -45.0% |
| Other amounts payable | 47/48 | €5,003 | €4,557 | -€446 | -8.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,570 | €80,147 | +€4,577 | +6.1% |
| Other operating charges | 640/8 | €12,758 | €8,985 | -€3,773 | -29.6% |
| Gross operating margin | 9900 | €173,481 | €139,227 | -€34,254 | -19.7% |
| Operating profit (loss) | 9901 | €85,153 | €50,095 | -€35,058 | -41.2% |
| Financial charges | 65/66B | €13,751 | €18,736 | +€4,985 | +36.3% |
| Recurring financial charges | 65 | €13,751 | €18,736 | +€4,985 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €71,402 | €31,359 | -€40,043 | -56.1% |
| Income taxes | 67/77 | €20,212 | €7,351 | -€12,861 | -63.6% |
| Profit (loss) for the period | 9904 | €51,189 | €24,008 | -€27,181 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €51,189 | €24,008 | -€27,181 | -53.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.