MONIQUE GOETELEN: what changed
MONIQUE GOETELEN
Largest movements
- Receivables within one year -€64,865
down €64,865 (-40.9%), from €158,678 to €93,813
of which Trade receivables: -€96,418
- Cash -€19,065
down €19,065 (-46.2%), from €41,256 to €22,191
mainly Trade debts (-€53,301) and Net result for the year (-€40,165)
- Tangible fixed assets +€9,956
up €9,956 (+114%), from €8,750 to €18,706
of which Furniture and vehicles: +€10,485
- Deferred charges and accrued income -€2,920
no longer reported in 2024 (was €2,920)
- Trade debts -€53,301
down €53,301 (-64.9%), from €82,136 to €28,835
- Profit (loss) carried forward -€40,165
new in 2024: -€40,165
- Debts after one year +€9,571
new in 2024: €9,571
- Tax, wage and social debts +€3,510
up €3,510 (+31.6%), from €11,115 to €14,625
of which Remuneration and social security: +€3,510
- Current portion of long-term debt +€3,493
up €3,493 (+39.5%), from €8,848 to €12,341
- Gross operating margin -€90,214
down €90,214 (-71.0%), from €126,991 to €36,777
- Staff costs +€28,742
up €28,742 (+74.1%), from €38,775 to €67,518
- Taxes -€24,629
down €24,629 (-96.7%), from €25,467 to €838
- Financial charges -€4,926
down €4,926 (-77.1%), from €6,386 to €1,460
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,854 | €136,961 | -€76,893 | -36.0% |
| Fixed assets | 21/28 | €11,000 | €20,956 | +€9,956 | +90.5% |
| Tangible fixed assets | 22/27 | €8,750 | €18,706 | +€9,956 | +114% |
| Furniture and vehicles | 24 | €7,825 | €18,309 | +€10,485 | +134% |
| Other tangible fixed assets | 26 | €925 | €397 | -€528 | -57.1% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €202,854 | €116,005 | -€86,850 | -42.8% |
| Amounts receivable within one year | 40/41 | €158,678 | €93,813 | -€64,865 | -40.9% |
| Trade receivables | 40 | €140,989 | €44,571 | -€96,418 | -68.4% |
| Other amounts receivable | 41 | €17,689 | €49,242 | +€31,553 | +178% |
| Cash at bank and in hand | 54/58 | €41,256 | €22,191 | -€19,065 | -46.2% |
| Deferred charges and accrued income | 490/1 | €2,920 | - | -€2,920 | |
| Total equity and liabilities | 10/49 | €213,854 | €136,961 | -€76,893 | -36.0% |
| Equity | 10/15 | €111,755 | €71,590 | -€40,165 | -35.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €111,655 | €111,655 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10 | - | -€10 | |
| Reserves not available under the articles | 1311 | €10 | - | -€10 | |
| Distributable reserves | 133 | €111,645 | €111,655 | +€10 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€40,165 | -€40,165 | |
| Amounts payable | 17/49 | €102,099 | €65,371 | -€36,728 | -36.0% |
| Amounts payable after more than one year | 17 | - | €9,571 | +€9,571 | |
| Financial debts | 170/4 | - | €9,571 | +€9,571 | |
| Amounts payable within one year | 42/48 | €102,099 | €55,800 | -€46,298 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €8,848 | €12,341 | +€3,493 | +39.5% |
| Trade debts | 44 | €82,136 | €28,835 | -€53,301 | -64.9% |
| Suppliers | 440/4 | €82,136 | €28,835 | -€53,301 | -64.9% |
| Taxes, remuneration and social security | 45 | €11,115 | €14,625 | +€3,510 | +31.6% |
| Taxes | 450/3 | €5,467 | €5,467 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,648 | €9,159 | +€3,510 | +62.1% |
| Remuneration, social security and pensions | 62 | €38,775 | €67,518 | +€28,742 | +74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,869 | €4,039 | +€1,170 | +40.8% |
| Other operating charges | 640/8 | €2,820 | €3,959 | +€1,139 | +40.4% |
| Gross operating margin | 9900 | €126,991 | €36,777 | -€90,214 | -71.0% |
| Operating profit (loss) | 9901 | €82,527 | -€38,738 | -€121,265 | |
| Financial income | 75/76B | €618 | €871 | +€253 | +40.9% |
| Recurring financial income | 75 | €618 | €871 | +€253 | +40.9% |
| Financial charges | 65/66B | €6,386 | €1,460 | -€4,926 | -77.1% |
| Recurring financial charges | 65 | €6,386 | €1,460 | -€4,926 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €76,759 | -€39,328 | -€116,086 | |
| Income taxes | 67/77 | €25,467 | €838 | -€24,629 | -96.7% |
| Profit (loss) for the period | 9904 | €51,292 | -€40,165 | -€91,458 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,292 | -€40,165 | -€91,458 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.