Julien GOHY: 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.
Julien GOHY
Largest movements
- Cash +€22,385
up €22,385 (+43.1%), from €51,906 to €74,291
mainly Net result for the year (+€11,767) and Receivables within one year (+€9,803)
- Receivables within one year -€9,803
down €9,803 (-39.1%), from €25,040 to €15,238
of which Trade receivables: -€6,155
- Reserves +€11,767
up €11,767 (+18.3%), from €64,151 to €75,918
- Gross operating margin -€16,109
down €16,109 (-45.1%), from €35,713 to €19,604
- Taxes -€918
down €918 (-11.9%), from €7,737 to €6,819
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 | €78,355 | €90,953 | +€12,598 | +16.1% |
| Fixed assets | 21/28 | €489 | €453 | -€36 | -7.4% |
| Tangible fixed assets | 22/27 | €36 | €0 | -€36 | -100.0% |
| Furniture and vehicles | 24 | €36 | €0 | -€36 | -100.0% |
| Financial fixed assets | 28 | €453 | €453 | = | 0.0% |
| Current assets | 29/58 | €77,866 | €90,500 | +€12,634 | +16.2% |
| Amounts receivable within one year | 40/41 | €25,040 | €15,238 | -€9,803 | -39.1% |
| Trade receivables | 40 | €19,454 | €13,299 | -€6,155 | -31.6% |
| Other amounts receivable | 41 | €5,587 | €1,939 | -€3,648 | -65.3% |
| Cash at bank and in hand | 54/58 | €51,906 | €74,291 | +€22,385 | +43.1% |
| Deferred charges and accrued income | 490/1 | €920 | €971 | +€52 | +5.6% |
| Total equity and liabilities | 10/49 | €78,355 | €90,953 | +€12,598 | +16.1% |
| Equity | 10/15 | €76,551 | €88,318 | +€11,767 | +15.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €64,151 | €75,918 | +€11,767 | +18.3% |
| Distributable reserves | 133 | €64,151 | €75,918 | +€11,767 | +18.3% |
| Amounts payable | 17/49 | €1,804 | €2,635 | +€831 | +46.0% |
| Amounts payable within one year | 42/48 | €1,804 | €2,635 | +€831 | +46.0% |
| Trade debts | 44 | €67 | €550 | +€483 | +715.7% |
| Suppliers | 440/4 | €67 | €550 | +€483 | +715.7% |
| Taxes, remuneration and social security | 45 | €1,737 | €2,085 | +€348 | +20.0% |
| Taxes | 450/3 | €1,737 | €2,085 | +€348 | +20.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204 | €0 | -€204 | -100.0% |
| Other operating charges | 640/8 | €796 | €907 | +€111 | +13.9% |
| Non-recurring operating charges | 66A | - | €36 | +€36 | |
| Gross operating margin | 9900 | €35,713 | €19,604 | -€16,109 | -45.1% |
| Operating profit (loss) | 9901 | €34,713 | €18,661 | -€16,052 | -46.2% |
| Financial income | 75/76B | €66 | €144 | +€78 | +119.4% |
| Recurring financial income | 75 | €66 | €144 | +€78 | +119.4% |
| Financial charges | 65/66B | €181 | €219 | +€38 | +21.1% |
| Recurring financial charges | 65 | €181 | €219 | +€38 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €34,598 | €18,586 | -€16,012 | -46.3% |
| Income taxes | 67/77 | €7,737 | €6,819 | -€918 | -11.9% |
| Profit (loss) for the period | 9904 | €26,861 | €11,767 | -€15,094 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,861 | €11,767 | -€15,094 | -56.2% |
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 2 October 2026 via checked.be.