New Godison: 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.
New Godison
Largest movements
- Tangible fixed assets +€13,903
up €13,903 (+10.2%), from €136,768 to €150,670
of which Plant, machinery and equipment: +€9,800
- Cash +€7,144
up €7,144 (+220%), from €3,243 to €10,386
mainly Trade debts (+€36,104) and Tax, wage and social debts (+€8,552)
- Receivables within one year -€6,085
down €6,085 (-41.2%), from €14,774 to €8,690
of which Other amounts receivable: -€6,096
- Stocks and contracts +€3,216
up €3,216 (+44.7%), from €7,188 to €10,403
- Trade debts +€36,104
up €36,104 (+367%), from €9,849 to €45,953
- Other debts -€17,399
down €17,399 (-32.1%), from €54,151 to €36,752
- Tax, wage and social debts +€8,552
up €8,552 (+3,649%), from €234 to €8,786
of which Remuneration and social security: +€4,453
- Debts after one year -€8,220
down €8,220 (-18.9%), from €43,433 to €35,213
- Depreciation -€49,157
down €49,157 (-96.5%), from €50,957 to €1,801
- Staff costs +€48,113
up €48,113 (+50.3%), from €95,603 to €143,715
- Gross operating margin -€14,352
down €14,352 (-8.7%), from €165,117 to €150,765
- Financial charges -€14,159
down €14,159 (-79.5%), from €17,809 to €3,649
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 | €161,972 | €180,150 | +€18,178 | +11.2% |
| Fixed assets | 21/28 | €136,768 | €150,670 | +€13,903 | +10.2% |
| Tangible fixed assets | 22/27 | €136,768 | €150,670 | +€13,903 | +10.2% |
| Plant, machinery and equipment | 23 | €134,288 | €144,088 | +€9,800 | +7.3% |
| Furniture and vehicles | 24 | €2,479 | €6,583 | +€4,103 | +165% |
| Current assets | 29/58 | €25,204 | €29,479 | +€4,275 | +17.0% |
| Stocks and contracts in progress | 3 | €7,188 | €10,403 | +€3,216 | +44.7% |
| Stocks | 30/36 | €7,188 | €10,403 | +€3,216 | +44.7% |
| Amounts receivable within one year | 40/41 | €14,774 | €8,690 | -€6,085 | -41.2% |
| Trade receivables | 40 | - | €11 | +€11 | |
| Other amounts receivable | 41 | €14,774 | €8,678 | -€6,096 | -41.3% |
| Cash at bank and in hand | 54/58 | €3,243 | €10,386 | +€7,144 | +220% |
| Total equity and liabilities | 10/49 | €161,972 | €180,150 | +€18,178 | +11.2% |
| Equity | 10/15 | €44,792 | €45,226 | +€434 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,192 | €26,626 | +€434 | +1.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,332 | €24,766 | +€434 | +1.8% |
| Amounts payable | 17/49 | €117,180 | €134,924 | +€17,743 | +15.1% |
| Amounts payable after more than one year | 17 | €43,433 | €35,213 | -€8,220 | -18.9% |
| Financial debts | 170/4 | €43,433 | €35,213 | -€8,220 | -18.9% |
| Amounts payable within one year | 42/48 | €73,748 | €99,711 | +€25,963 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €9,514 | €8,220 | -€1,294 | -13.6% |
| Trade debts | 44 | €9,849 | €45,953 | +€36,104 | +367% |
| Suppliers | 440/4 | €9,849 | €45,953 | +€36,104 | +367% |
| Taxes, remuneration and social security | 45 | €234 | €8,786 | +€8,552 | +3,649% |
| Taxes | 450/3 | €234 | €4,333 | +€4,098 | +1,749% |
| Remuneration and social security | 454/9 | - | €4,453 | +€4,453 | |
| Other amounts payable | 47/48 | €54,151 | €36,752 | -€17,399 | -32.1% |
| Non-recurring operating income | 76A | €22,727 | - | -€22,727 | |
| Remuneration, social security and pensions | 62 | €95,603 | €143,715 | +€48,113 | +50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,957 | €1,801 | -€49,157 | -96.5% |
| Other operating charges | 640/8 | €1,193 | €2,312 | +€1,119 | +93.8% |
| Gross operating margin | 9900 | €165,117 | €150,765 | -€14,352 | -8.7% |
| Operating profit (loss) | 9901 | €17,364 | €2,937 | -€14,427 | -83.1% |
| Financial income | 75/76B | €936 | €1,151 | +€215 | +23.0% |
| Recurring financial income | 75 | €936 | €1,151 | +€215 | +23.0% |
| Financial charges | 65/66B | €17,809 | €3,649 | -€14,159 | -79.5% |
| Recurring financial charges | 65 | €17,809 | €3,649 | -€14,159 | -79.5% |
| Profit (loss) for the period before taxes | 9903 | €491 | €439 | -€52 | -10.6% |
| Income taxes | 67/77 | €0 | €4 | +€4 | +4,350% |
| Profit (loss) for the period | 9904 | €491 | €434 | -€57 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €491 | €434 | -€57 | -11.5% |
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 17 October 2026 via checked.be.