ISABELLE GOOSSENS: 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.
ISABELLE GOOSSENS
Largest movements
- Cash -€18,209
down €18,209 (-54.2%), from €33,609 to €15,400
mainly Contributions, distributions and other (-€103,347) and Receivables within one year (-€17,794)
- Receivables within one year +€17,794
up €17,794 (+31.9%), from €55,700 to €73,494
of which Trade receivables: +€21,943
- Receivables after one year -€8,839
down €8,839 (-3.5%), from €250,094 to €241,255
- Reserves -€39,508
down €39,508 (-20.9%), from €189,127 to €149,619
of which Distributable reserves: -€39,508
- Other debts +€32,132
up €32,132 (+113%), from €28,402 to €60,533
- Tax, wage and social debts +€12,434
up €12,434 (+93.0%), from €13,374 to €25,808
- Trade debts -€4,551
down €4,551 (-55.7%), from €8,168 to €3,617
- Short-term financial debts -€4,358
down €4,358 (-40.5%), from €10,753 to €6,395
- Gross operating margin +€39,485
up €39,485 (+75.6%), from €52,221 to €91,705
- Taxes +€10,773
up €10,773 (+68.0%), from €15,850 to €26,623
- Depreciation -€2,442
down €2,442 (-43.0%), from €5,682 to €3,240
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 | €346,061 | €336,381 | -€9,680 | -2.8% |
| Fixed assets | 21/28 | €3,904 | €3,402 | -€502 | -12.9% |
| Intangible fixed assets | 21 | €2,006 | - | -€2,006 | |
| Tangible fixed assets | 22/27 | €1,899 | €3,402 | +€1,503 | +79.2% |
| Plant, machinery and equipment | 23 | €1,899 | €984 | -€915 | -48.2% |
| Furniture and vehicles | 24 | - | €2,418 | +€2,418 | |
| Current assets | 29/58 | €342,157 | €332,979 | -€9,177 | -2.7% |
| Amounts receivable after more than one year | 29 | €250,094 | €241,255 | -€8,839 | -3.5% |
| Other amounts receivable | 291 | €250,094 | €241,255 | -€8,839 | -3.5% |
| Amounts receivable within one year | 40/41 | €55,700 | €73,494 | +€17,794 | +31.9% |
| Trade receivables | 40 | €51,550 | €73,494 | +€21,943 | +42.6% |
| Other amounts receivable | 41 | €4,150 | - | -€4,150 | |
| Cash at bank and in hand | 54/58 | €33,609 | €15,400 | -€18,209 | -54.2% |
| Deferred charges and accrued income | 490/1 | €2,753 | €2,830 | +€77 | +2.8% |
| Total equity and liabilities | 10/49 | €346,061 | €336,381 | -€9,680 | -2.8% |
| Equity | 10/15 | €278,044 | €238,536 | -€39,508 | -14.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €189,127 | €149,619 | -€39,508 | -20.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €182,927 | €143,419 | -€39,508 | -21.6% |
| Profit (loss) carried forward | 14 | €26,917 | €26,917 | = | 0.0% |
| Amounts payable | 17/49 | €68,017 | €97,845 | +€29,828 | +43.9% |
| Amounts payable after more than one year | 17 | €1,492 | - | -€1,492 | |
| Financial debts | 170/4 | €1,492 | - | -€1,492 | |
| Amounts payable within one year | 42/48 | €66,526 | €97,845 | +€31,320 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €5,829 | €1,492 | -€4,337 | -74.4% |
| Financial debts | 43 | €10,753 | €6,395 | -€4,358 | -40.5% |
| Credit institutions | 430/8 | €10,753 | €6,395 | -€4,358 | -40.5% |
| Trade debts | 44 | €8,168 | €3,617 | -€4,551 | -55.7% |
| Suppliers | 440/4 | €8,168 | €3,617 | -€4,551 | -55.7% |
| Taxes, remuneration and social security | 45 | €13,374 | €25,808 | +€12,434 | +93.0% |
| Taxes | 450/3 | €13,374 | €25,808 | +€12,434 | +93.0% |
| Other amounts payable | 47/48 | €28,402 | €60,533 | +€32,132 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,682 | €3,240 | -€2,442 | -43.0% |
| Other operating charges | 640/8 | €1,461 | €967 | -€494 | -33.8% |
| Gross operating margin | 9900 | €52,221 | €91,705 | +€39,485 | +75.6% |
| Operating profit (loss) | 9901 | €45,078 | €87,498 | +€42,421 | +94.1% |
| Financial income | 75/76B | €7,261 | €7,262 | +€0 | 0.0% |
| Recurring financial income | 75 | €7,261 | €7,262 | +€0 | 0.0% |
| Financial charges | 65/66B | €4,867 | €4,298 | -€569 | -11.7% |
| Recurring financial charges | 65 | €4,867 | €4,298 | -€569 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €47,472 | €90,462 | +€42,990 | +90.6% |
| Income taxes | 67/77 | €15,850 | €26,623 | +€10,773 | +68.0% |
| Profit (loss) for the period | 9904 | €31,622 | €63,839 | +€32,217 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €31,622 | €63,839 | +€32,217 | +102% |
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 29 October 2026 via checked.be.