Leen 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.
Leen Goossens
Largest movements
- Current investments +€105,000
up €105,000 (+23.4%), from €449,309 to €554,309
- Cash -€96,660
down €96,660 (-47.1%), from €205,373 to €108,713
mainly Contributions, distributions and other (-€398,935) and Current investments (-€105,000)
- Tangible fixed assets +€11,575
up €11,575 (+91.6%), from €12,639 to €24,214
of which Furniture and vehicles: +€14,843
- Other debts +€184,643
up €184,643 (+107%), from €172,173 to €356,816
- Reserves -€175,699
down €175,699 (-36.7%), from €478,404 to €302,705
- Tax, wage and social debts +€14,662
up €14,662 (+44.4%), from €33,053 to €47,715
of which Remuneration and social security: +€42,270
- Gross operating margin +€18,459
up €18,459 (+7.1%), from €260,980 to €279,439
- Financial income +€12,781
up €12,781 (+150%), from €8,516 to €21,297
of which Financial income: +€7,237
- Taxes +€6,963
up €6,963 (+11.3%), from €61,398 to €68,360
- Depreciation +€3,334
up €3,334 (+63.1%), from €5,283 to €8,617
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 | €695,977 | €717,236 | +€21,259 | +3.1% |
| Fixed assets | 21/28 | €12,639 | €24,214 | +€11,575 | +91.6% |
| Tangible fixed assets | 22/27 | €12,639 | €24,214 | +€11,575 | +91.6% |
| Land and buildings | 22 | €7,342 | €5,050 | -€2,292 | -31.2% |
| Plant, machinery and equipment | 23 | €4,221 | €3,245 | -€976 | -23.1% |
| Furniture and vehicles | 24 | €1,076 | €15,919 | +€14,843 | +1,379% |
| Current assets | 29/58 | €683,338 | €693,021 | +€9,684 | +1.4% |
| Amounts receivable within one year | 40/41 | €28,656 | €30,000 | +€1,344 | +4.7% |
| Trade receivables | 40 | €28,656 | €30,000 | +€1,344 | +4.7% |
| Current investments | 50/53 | €449,309 | €554,309 | +€105,000 | +23.4% |
| Cash at bank and in hand | 54/58 | €205,373 | €108,713 | -€96,660 | -47.1% |
| Total equity and liabilities | 10/49 | €695,977 | €717,236 | +€21,259 | +3.1% |
| Equity | 10/15 | €488,404 | €312,705 | -€175,699 | -36.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €478,404 | €302,705 | -€175,699 | -36.7% |
| Distributable reserves | 133 | €478,404 | €302,705 | -€175,699 | -36.7% |
| Amounts payable | 17/49 | €207,573 | €404,531 | +€196,958 | +94.9% |
| Amounts payable within one year | 42/48 | €206,472 | €404,531 | +€198,059 | +95.9% |
| Trade debts | 44 | €1,247 | - | -€1,247 | |
| Suppliers | 440/4 | €1,247 | - | -€1,247 | |
| Taxes, remuneration and social security | 45 | €33,053 | €47,715 | +€14,662 | +44.4% |
| Taxes | 450/3 | €33,053 | €5,444 | -€27,608 | -83.5% |
| Remuneration and social security | 454/9 | - | €42,270 | +€42,270 | |
| Other amounts payable | 47/48 | €172,173 | €356,816 | +€184,643 | +107% |
| Accrued charges and deferred income | 492/3 | €1,101 | - | -€1,101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,283 | €8,617 | +€3,334 | +63.1% |
| Other operating charges | 640/8 | €511 | €524 | +€12 | +2.4% |
| Gross operating margin | 9900 | €260,980 | €279,439 | +€18,459 | +7.1% |
| Operating profit (loss) | 9901 | €255,186 | €270,299 | +€15,113 | +5.9% |
| Financial income | 75/76B | €8,516 | €21,297 | +€12,781 | +150% |
| Recurring financial income | 75 | €8,516 | €15,753 | +€7,237 | +85.0% |
| Non-recurring financial income | 76B | - | €5,544 | +€5,544 | |
| Financial charges | 65/66B | €83 | - | -€83 | |
| Recurring financial charges | 65 | €83 | - | -€83 | |
| Profit (loss) for the period before taxes | 9903 | €263,619 | €291,596 | +€27,977 | +10.6% |
| Income taxes | 67/77 | €61,398 | €68,360 | +€6,963 | +11.3% |
| Profit (loss) for the period | 9904 | €202,222 | €223,236 | +€21,014 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €202,222 | €223,236 | +€21,014 | +10.4% |
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 28 October 2026 via checked.be.