LUC 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.
LUC GOOSSENS
Largest movements
- Receivables within one year -€13,056
down €13,056 (-32.5%), from €40,115 to €27,059
of which Trade receivables: -€13,447
- Cash +€7,975
up €7,975 (+10.9%), from €73,123 to €81,098
mainly Receivables within one year (+€13,056) and Depreciation (+€6,885)
- Tangible fixed assets -€6,885
down €6,885 (-4.9%), from €141,747 to €134,862
of which Furniture and vehicles: -€4,905
- Reserves -€13,085
down €13,085 (-10.9%), from €120,330 to €107,245
of which Distributable reserves: -€13,085
- Current portion of long-term debt -€5,556
down €5,556 (-100%), from €5,556 to €0
- Tax, wage and social debts +€5,000
up €5,000 (+74.5%), from €6,710 to €11,710
of which Remuneration and social security: +€5,000
- Trade debts +€4,225
up €4,225 (+145%), from €2,920 to €7,145
- Other debts -€3,187
down €3,187 (-7.1%), from €45,101 to €41,914
- Gross operating margin -€25,060
down €25,060 (-83.4%), from €30,042 to €4,982
- Taxes -€4,224
down €4,224 (-100%), from €4,224 to €0
- Other operating charges +€3,288
up €3,288 (+40.3%), from €8,158 to €11,446
- Depreciation +€598
up €598 (+9.5%), from €6,287 to €6,885
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 | €254,985 | €243,111 | -€11,873 | -4.7% |
| Fixed assets | 21/28 | €141,747 | €134,862 | -€6,885 | -4.9% |
| Tangible fixed assets | 22/27 | €141,747 | €134,862 | -€6,885 | -4.9% |
| Land and buildings | 22 | €125,184 | €123,904 | -€1,281 | -1.0% |
| Plant, machinery and equipment | 23 | €2,134 | €1,434 | -€699 | -32.8% |
| Furniture and vehicles | 24 | €14,429 | €9,524 | -€4,905 | -34.0% |
| Current assets | 29/58 | €113,238 | €108,249 | -€4,988 | -4.4% |
| Amounts receivable within one year | 40/41 | €40,115 | €27,059 | -€13,056 | -32.5% |
| Trade receivables | 40 | €34,943 | €21,495 | -€13,447 | -38.5% |
| Other amounts receivable | 41 | €5,172 | €5,564 | +€391 | +7.6% |
| Cash at bank and in hand | 54/58 | €73,123 | €81,098 | +€7,975 | +10.9% |
| Deferred charges and accrued income | 490/1 | €0 | €93 | +€93 | |
| Total equity and liabilities | 10/49 | €254,985 | €243,111 | -€11,873 | -4.7% |
| Equity | 10/15 | €194,698 | €181,613 | -€13,085 | -6.7% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €120,330 | €107,245 | -€13,085 | -10.9% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €101,580 | €88,495 | -€13,085 | -12.9% |
| Amounts payable | 17/49 | €60,287 | €61,498 | +€1,211 | +2.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €60,287 | €60,769 | +€482 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €5,556 | €0 | -€5,556 | -100% |
| Trade debts | 44 | €2,920 | €7,145 | +€4,225 | +145% |
| Suppliers | 440/4 | €2,920 | €7,145 | +€4,225 | +145% |
| Taxes, remuneration and social security | 45 | €6,710 | €11,710 | +€5,000 | +74.5% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €6,710 | €11,710 | +€5,000 | +74.5% |
| Other amounts payable | 47/48 | €45,101 | €41,914 | -€3,187 | -7.1% |
| Accrued charges and deferred income | 492/3 | - | €729 | +€729 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,287 | €6,885 | +€598 | +9.5% |
| Other operating charges | 640/8 | €8,158 | €11,446 | +€3,288 | +40.3% |
| Gross operating margin | 9900 | €30,042 | €4,982 | -€25,060 | -83.4% |
| Operating profit (loss) | 9901 | €15,597 | -€13,349 | -€28,946 | |
| Financial income | 75/76B | €338 | €445 | +€107 | +31.8% |
| Recurring financial income | 75 | €338 | €445 | +€107 | +31.8% |
| Financial charges | 65/66B | €314 | €181 | -€133 | -42.4% |
| Recurring financial charges | 65 | €314 | €181 | -€133 | -42.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €15,621 | -€13,085 | -€28,705 | |
| Income taxes | 67/77 | €4,224 | €0 | -€4,224 | -100% |
| Profit (loss) for the period | 9904 | €11,396 | -€13,085 | -€24,481 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,396 | -€13,085 | -€24,481 |
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 30 October 2026 via checked.be.