'T GOE GENOT: what changed
'T GOE GENOT
Largest movements
- Receivables within one year +€6,146
up €6,146 (+133%), from €4,619 to €10,765
- Tangible fixed assets -€3,745
no longer reported in 2025 (was €3,745)
- Cash +€1,462
up €1,462 (+94.4%), from €1,548 to €3,009
mainly Net result for the year (+€36,897) and Investment in fixed assets (net) (+€4,135)
- Deferred charges and accrued income -€436
no longer reported in 2025 (was €436)
- Formation expenses -€427
no longer reported in 2025 (was €427)
- Profit (loss) carried forward +€36,897
up €36,897 (+50.6%), from -€72,878 to -€35,981
- Other debts -€24,817
down €24,817 (-51.1%), from €48,529 to €23,712
- Debts after one year -€11,228
no longer reported in 2025 (was €11,228)
- Tax, wage and social debts +€2,151
up €2,151 (+90.2%), from €2,385 to €4,536
of which Taxes: +€1,651
- Current portion of long-term debt +€176
up €176 (+1.6%), from €11,052 to €11,228
- Gross operating margin +€25,777
up €25,777 (+189%), from €13,657 to €39,434
- Depreciation -€6,085
down €6,085 (-99.4%), from €6,121 to €37
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,775 | €13,774 | +€2,999 | +27.8% |
| Formation expenses | 20 | €427 | - | -€427 | |
| Fixed assets | 21/28 | €3,745 | - | -€3,745 | |
| Tangible fixed assets | 22/27 | €3,745 | - | -€3,745 | |
| Furniture and vehicles | 24 | €3,745 | - | -€3,745 | |
| Current assets | 29/58 | €6,603 | €13,774 | +€7,171 | +109% |
| Amounts receivable within one year | 40/41 | €4,619 | €10,765 | +€6,146 | +133% |
| Trade receivables | 40 | €4,619 | €10,765 | +€6,146 | +133% |
| Cash at bank and in hand | 54/58 | €1,548 | €3,009 | +€1,462 | +94.4% |
| Deferred charges and accrued income | 490/1 | €436 | - | -€436 | |
| Total equity and liabilities | 10/49 | €10,775 | €13,774 | +€2,999 | +27.8% |
| Equity | 10/15 | -€64,694 | -€27,797 | +€36,897 | +57.0% |
| Contributions | 10/11 | €8,184 | €8,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,878 | -€35,981 | +€36,897 | +50.6% |
| Amounts payable | 17/49 | €75,469 | €41,571 | -€33,898 | -44.9% |
| Amounts payable after more than one year | 17 | €11,228 | - | -€11,228 | |
| Financial debts | 170/4 | €11,228 | - | -€11,228 | |
| Amounts payable within one year | 42/48 | €64,241 | €41,571 | -€22,670 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | €11,052 | €11,228 | +€176 | +1.6% |
| Financial debts | 43 | €2,000 | €1,835 | -€164 | -8.2% |
| Credit institutions | 430/8 | €2,000 | €1,835 | -€164 | -8.2% |
| Trade debts | 44 | €275 | €260 | -€15 | -5.4% |
| Suppliers | 440/4 | €275 | €260 | -€15 | -5.4% |
| Taxes, remuneration and social security | 45 | €2,385 | €4,536 | +€2,151 | +90.2% |
| Taxes | 450/3 | €2,242 | €3,893 | +€1,651 | +73.6% |
| Remuneration and social security | 454/9 | €143 | €643 | +€500 | +349% |
| Other amounts payable | 47/48 | €48,529 | €23,712 | -€24,817 | -51.1% |
| Non-recurring operating income | 76A | - | €712 | +€712 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,121 | €37 | -€6,085 | -99.4% |
| Other operating charges | 640/8 | €912 | €1,208 | +€296 | +32.5% |
| Non-recurring operating charges | 66A | €427 | €427 | +€0 | 0.0% |
| Gross operating margin | 9900 | €13,657 | €39,434 | +€25,777 | +189% |
| Operating profit (loss) | 9901 | €6,197 | €37,762 | +€31,565 | +509% |
| Financial income | 75/76B | €0 | €1 | +€1 | +193% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +193% |
| Financial charges | 65/66B | €998 | €652 | -€346 | -34.6% |
| Recurring financial charges | 65 | €998 | €652 | -€346 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €5,199 | €37,111 | +€31,912 | +614% |
| Income taxes | 67/77 | €213 | €214 | +€1 | +0.4% |
| Profit (loss) for the period | 9904 | €4,986 | €36,897 | +€31,911 | +640% |
| Profit (loss) for the period to be appropriated | 9905 | €4,986 | €36,897 | +€31,911 | +640% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.