L. 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.
L. Goossens
Largest movements
- Deferred charges and accrued income +€15,985
up €15,985 (+969%), from €1,649 to €17,634
- Tangible fixed assets -€5,080
down €5,080 (-19.3%), from €26,335 to €21,255
of which Furniture and vehicles: -€4,612
- Cash +€3,832
up €3,832 (+5.8%), from €65,860 to €69,692
mainly Net result for the year (+€16,657) and Depreciation (+€6,606)
- Receivables within one year +€3,450
up €3,450 (+64.2%), from €5,376 to €8,826
of which Trade receivables: +€2,030
- Reserves +€16,657
up €16,657 (+30.1%), from €55,411 to €72,068
- Trade debts +€2,031
up €2,031 (+177%), from €1,148 to €3,179
- Tax, wage and social debts -€1,921
down €1,921 (-63.4%), from €3,028 to €1,107
of which Taxes: -€1,921
- Other debts +€1,419
up €1,419 (+60.6%), from €2,343 to €3,763
- Gross operating margin -€4,411
down €4,411 (-12.8%), from €34,578 to €30,167
- Taxes -€2,727
down €2,727 (-33.9%), from €8,042 to €5,315
- Depreciation +€1,776
up €1,776 (+36.8%), from €4,830 to €6,606
- Other operating charges -€516
down €516 (-22.5%), from €2,294 to €1,777
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 | €99,220 | €117,407 | +€18,187 | +18.3% |
| Fixed assets | 21/28 | €26,335 | €21,255 | -€5,080 | -19.3% |
| Tangible fixed assets | 22/27 | €26,335 | €21,255 | -€5,080 | -19.3% |
| Plant, machinery and equipment | 23 | €1,140 | €2,478 | +€1,338 | +117% |
| Furniture and vehicles | 24 | €20,963 | €16,351 | -€4,612 | -22.0% |
| Other tangible fixed assets | 26 | €4,232 | €2,426 | -€1,805 | -42.7% |
| Current assets | 29/58 | €72,885 | €96,152 | +€23,267 | +31.9% |
| Amounts receivable within one year | 40/41 | €5,376 | €8,826 | +€3,450 | +64.2% |
| Trade receivables | 40 | €4,717 | €6,747 | +€2,030 | +43.0% |
| Other amounts receivable | 41 | €659 | €2,079 | +€1,420 | +215% |
| Cash at bank and in hand | 54/58 | €65,860 | €69,692 | +€3,832 | +5.8% |
| Deferred charges and accrued income | 490/1 | €1,649 | €17,634 | +€15,985 | +969% |
| Total equity and liabilities | 10/49 | €99,220 | €117,407 | +€18,187 | +18.3% |
| Equity | 10/15 | €92,701 | €109,358 | +€16,657 | +18.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €55,411 | €72,068 | +€16,657 | +30.1% |
| Distributable reserves | 133 | €55,411 | €72,068 | +€16,657 | +30.1% |
| Profit (loss) carried forward | 14 | €18,697 | €18,697 | = | 0.0% |
| Amounts payable | 17/49 | €6,519 | €8,049 | +€1,530 | +23.5% |
| Amounts payable within one year | 42/48 | €6,519 | €8,049 | +€1,530 | +23.5% |
| Trade debts | 44 | €1,148 | €3,179 | +€2,031 | +177% |
| Suppliers | 440/4 | €1,148 | €3,179 | +€2,031 | +177% |
| Taxes, remuneration and social security | 45 | €3,028 | €1,107 | -€1,921 | -63.4% |
| Taxes | 450/3 | €2,028 | €107 | -€1,921 | -94.7% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €2,343 | €3,763 | +€1,419 | +60.6% |
| Non-recurring operating income | 76A | €5,362 | €15,170 | +€9,808 | +183% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,830 | €6,606 | +€1,776 | +36.8% |
| Other operating charges | 640/8 | €2,294 | €1,777 | -€516 | -22.5% |
| Gross operating margin | 9900 | €34,578 | €30,167 | -€4,411 | -12.8% |
| Operating profit (loss) | 9901 | €27,454 | €21,783 | -€5,671 | -20.7% |
| Financial income | 75/76B | €136 | €342 | +€206 | +151% |
| Recurring financial income | 75 | €136 | €342 | +€206 | +151% |
| Financial charges | 65/66B | €312 | €153 | -€159 | -50.9% |
| Recurring financial charges | 65 | €312 | €153 | -€159 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | €27,278 | €21,972 | -€5,306 | -19.5% |
| Income taxes | 67/77 | €8,042 | €5,315 | -€2,727 | -33.9% |
| Profit (loss) for the period | 9904 | €19,236 | €16,657 | -€2,579 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,236 | €16,657 | -€2,579 | -13.4% |
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 24 October 2026 via checked.be.