Jan GODDET: 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.
Jan GODDET
Largest movements
- Receivables within one year -€12,366
down €12,366 (-85.9%), from €14,393 to €2,026
of which Other amounts receivable: -€10,874
- Cash -€6,774
down €6,774 (-5.7%), from €117,948 to €111,174
mainly Contributions, distributions and other (-€22,590) and Investment in fixed assets (net) (-€12,904)
- Tangible fixed assets +€4,789
up €4,789 (+66.7%), from €7,180 to €11,970
of which Land and buildings: +€7,017
- Reserves +€19,975
up €19,975 (+27.0%), from €74,050 to €94,025
- Profit (loss) carried forward -€18,863
no longer reported in 2025 (was €18,863)
- Other debts -€9,172
no longer reported in 2025 (was €9,172)
- Tax, wage and social debts -€3,911
down €3,911 (-22.3%), from €17,561 to €13,650
of which Remuneration and social security: -€2,153
- Current portion of long-term debt -€3,045
no longer reported in 2025 (was €3,045)
- Staff costs -€22,464
down €22,464 (-36.8%), from €61,018 to €38,553
- Gross operating margin -€9,404
down €9,404 (-10.0%), from €94,265 to €84,861
- Taxes +€5,280
up €5,280 (+74.3%), from €7,109 to €12,388
- Depreciation -€4,530
down €4,530 (-35.8%), from €12,644 to €8,115
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 | €141,120 | €127,429 | -€13,690 | -9.7% |
| Fixed assets | 21/28 | €7,365 | €12,155 | +€4,789 | +65.0% |
| Tangible fixed assets | 22/27 | €7,180 | €11,970 | +€4,789 | +66.7% |
| Land and buildings | 22 | - | €7,017 | +€7,017 | |
| Plant, machinery and equipment | 23 | €0 | €4,614 | +€4,614 | |
| Furniture and vehicles | 24 | €7,180 | €339 | -€6,841 | -95.3% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €133,754 | €115,275 | -€18,480 | -13.8% |
| Amounts receivable within one year | 40/41 | €14,393 | €2,026 | -€12,366 | -85.9% |
| Trade receivables | 40 | €1,493 | - | -€1,493 | |
| Other amounts receivable | 41 | €12,900 | €2,026 | -€10,874 | -84.3% |
| Cash at bank and in hand | 54/58 | €117,948 | €111,174 | -€6,774 | -5.7% |
| Deferred charges and accrued income | 490/1 | €1,414 | €2,074 | +€660 | +46.7% |
| Total equity and liabilities | 10/49 | €141,120 | €127,429 | -€13,690 | -9.7% |
| Equity | 10/15 | €100,685 | €101,797 | +€1,112 | +1.1% |
| Contributions | 10/11 | €7,772 | €7,772 | = | 0.0% |
| Reserves | 13 | €74,050 | €94,025 | +€19,975 | +27.0% |
| Distributable reserves | 133 | €74,050 | €94,025 | +€19,975 | +27.0% |
| Profit (loss) carried forward | 14 | €18,863 | - | -€18,863 | |
| Amounts payable | 17/49 | €40,435 | €25,632 | -€14,802 | -36.6% |
| Amounts payable within one year | 42/48 | €38,000 | €23,198 | -€14,802 | -39.0% |
| Current portion of amounts payable after more than one year | 42 | €3,045 | - | -€3,045 | |
| Trade debts | 44 | €8,222 | €9,548 | +€1,326 | +16.1% |
| Suppliers | 440/4 | €8,222 | €9,548 | +€1,326 | +16.1% |
| Taxes, remuneration and social security | 45 | €17,561 | €13,650 | -€3,911 | -22.3% |
| Taxes | 450/3 | €10,213 | €8,455 | -€1,758 | -17.2% |
| Remuneration and social security | 454/9 | €7,348 | €5,195 | -€2,153 | -29.3% |
| Other amounts payable | 47/48 | €9,172 | - | -€9,172 | |
| Accrued charges and deferred income | 492/3 | €2,434 | €2,434 | = | 0.0% |
| Non-recurring operating income | 76A | €799 | - | -€799 | |
| Remuneration, social security and pensions | 62 | €61,018 | €38,553 | -€22,464 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,644 | €8,115 | -€4,530 | -35.8% |
| Other operating charges | 640/8 | €834 | €1,339 | +€504 | +60.5% |
| Gross operating margin | 9900 | €94,265 | €84,861 | -€9,404 | -10.0% |
| Operating profit (loss) | 9901 | €19,769 | €36,855 | +€17,085 | +86.4% |
| Financial income | 75/76B | €568 | €1 | -€567 | -99.8% |
| Recurring financial income | 75 | €568 | €1 | -€567 | -99.8% |
| Financial charges | 65/66B | €951 | €765 | -€186 | -19.5% |
| Recurring financial charges | 65 | €951 | €765 | -€186 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €19,387 | €36,090 | +€16,704 | +86.2% |
| Income taxes | 67/77 | €7,109 | €12,388 | +€5,280 | +74.3% |
| Profit (loss) for the period | 9904 | €12,278 | €23,702 | +€11,424 | +93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,278 | €23,702 | +€11,424 | +93.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.