Lies Goderis: 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.
Lies Goderis
Largest movements
- Cash +€10,910
up €10,910 (+125%), from €8,728 to €19,638
mainly Depreciation (+€9,085) and Net result for the year (+€8,886)
- Tangible fixed assets -€8,485
down €8,485 (-43.1%), from €19,675 to €11,190
of which Furniture and vehicles: -€8,201
- Intangible fixed assets -€600
down €600 (-80.2%), from €748 to €148
- Deferred charges and accrued income +€502
new in 2025: €502
- Reserves +€8,886
up €8,886 (+32.5%), from €27,348 to €36,235
- Current portion of long-term debt -€7,368
down €7,368 (-83.2%), from €8,851 to €1,483
- Tax, wage and social debts +€1,931
up €1,931 (+40.2%), from €4,806 to €6,737
of which Taxes: +€1,931
- Debts after one year -€1,483
down €1,483 (-100%), from €1,483 to €0
- Gross operating margin -€8,839
down €8,839 (-30.0%), from €29,471 to €20,633
- Taxes +€1,968
up €1,968 (+1,411%), from €140 to €2,108
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 | €46,704 | €48,634 | +€1,930 | +4.1% |
| Fixed assets | 21/28 | €20,423 | €11,338 | -€9,085 | -44.5% |
| Intangible fixed assets | 21 | €748 | €148 | -€600 | -80.2% |
| Tangible fixed assets | 22/27 | €19,675 | €11,190 | -€8,485 | -43.1% |
| Plant, machinery and equipment | 23 | €2,119 | €1,834 | -€284 | -13.4% |
| Furniture and vehicles | 24 | €17,557 | €9,356 | -€8,201 | -46.7% |
| Current assets | 29/58 | €26,281 | €37,295 | +€11,015 | +41.9% |
| Amounts receivable within one year | 40/41 | €17,553 | €17,155 | -€398 | -2.3% |
| Trade receivables | 40 | €7,161 | €2,013 | -€5,148 | -71.9% |
| Other amounts receivable | 41 | €10,392 | €15,142 | +€4,750 | +45.7% |
| Cash at bank and in hand | 54/58 | €8,728 | €19,638 | +€10,910 | +125% |
| Deferred charges and accrued income | 490/1 | - | €502 | +€502 | |
| Total equity and liabilities | 10/49 | €46,704 | €48,634 | +€1,930 | +4.1% |
| Equity | 10/15 | €30,348 | €39,235 | +€8,886 | +29.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,348 | €36,235 | +€8,886 | +32.5% |
| Distributable reserves | 133 | €27,348 | €36,235 | +€8,886 | +32.5% |
| Amounts payable | 17/49 | €16,356 | €9,399 | -€6,957 | -42.5% |
| Amounts payable after more than one year | 17 | €1,483 | €0 | -€1,483 | -100% |
| Financial debts | 170/4 | €1,483 | €0 | -€1,483 | -100% |
| Amounts payable within one year | 42/48 | €14,873 | €9,399 | -€5,474 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €8,851 | €1,483 | -€7,368 | -83.2% |
| Trade debts | 44 | €1,216 | €1,024 | -€193 | -15.9% |
| Suppliers | 440/4 | €1,216 | €1,024 | -€193 | -15.9% |
| Taxes, remuneration and social security | 45 | €4,806 | €6,737 | +€1,931 | +40.2% |
| Taxes | 450/3 | €4,806 | €6,737 | +€1,931 | +40.2% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €0 | €156 | +€156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,085 | €9,085 | = | 0.0% |
| Other operating charges | 640/8 | €279 | €272 | -€6 | -2.2% |
| Gross operating margin | 9900 | €29,471 | €20,633 | -€8,839 | -30.0% |
| Operating profit (loss) | 9901 | €20,108 | €11,275 | -€8,833 | -43.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €267 | €281 | +€14 | +5.3% |
| Recurring financial charges | 65 | €267 | €281 | +€14 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €19,841 | €10,994 | -€8,847 | -44.6% |
| Income taxes | 67/77 | €140 | €2,108 | +€1,968 | +1,411% |
| Profit (loss) for the period | 9904 | €19,701 | €8,886 | -€10,815 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,701 | €8,886 | -€10,815 | -54.9% |
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 15 October 2026 via checked.be.