VAN GOUBERGEN: 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.
VAN GOUBERGEN
Largest movements
- Cash +€8,458
up €8,458 (+66.3%), from €12,749 to €21,207
mainly Net result for the year (+€15,925) and Depreciation (+€6,208)
- Tangible fixed assets -€5,702
down €5,702 (-32.6%), from €17,491 to €11,789
of which Furniture and vehicles: -€5,918
- Receivables within one year +€2,066
up €2,066 (+18.5%), from €11,191 to €13,257
of which Trade receivables: +€4,273
- Reserves +€10,678
new in 2025: €10,678
- Debts after one year -€6,972
no longer reported in 2025 (was €6,972)
- Profit (loss) carried forward +€5,246
no longer reported in 2025 (was -€5,246)
- Other debts -€3,926
down €3,926 (-35.7%), from €10,992 to €7,065
- Current portion of long-term debt -€634
down €634 (-8.3%), from €7,606 to €6,972
- Gross operating margin +€36,634
up €36,634, from -€10,695 to €25,939
- Other operating charges +€1,543
up €1,543 (+116%), from €1,326 to €2,869
- Taxes +€1,050
new in 2025: €1,050
- Depreciation -€767
down €767 (-11.0%), from €6,974 to €6,208
- Financial income +€340
up €340 (+78.8%), from €432 to €772
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 | €41,650 | €46,305 | +€4,655 | +11.2% |
| Fixed assets | 21/28 | €17,491 | €11,789 | -€5,702 | -32.6% |
| Tangible fixed assets | 22/27 | €17,491 | €11,789 | -€5,702 | -32.6% |
| Plant, machinery and equipment | 23 | €723 | €939 | +€216 | +29.9% |
| Furniture and vehicles | 24 | €16,768 | €10,850 | -€5,918 | -35.3% |
| Current assets | 29/58 | €24,159 | €34,516 | +€10,357 | +42.9% |
| Amounts receivable within one year | 40/41 | €11,191 | €13,257 | +€2,066 | +18.5% |
| Trade receivables | 40 | - | €4,273 | +€4,273 | |
| Other amounts receivable | 41 | €11,191 | €8,984 | -€2,208 | -19.7% |
| Cash at bank and in hand | 54/58 | €12,749 | €21,207 | +€8,458 | +66.3% |
| Deferred charges and accrued income | 490/1 | €219 | €53 | -€167 | -76.0% |
| Total equity and liabilities | 10/49 | €41,650 | €46,305 | +€4,655 | +11.2% |
| Equity | 10/15 | €13,354 | €29,278 | +€15,925 | +119% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €10,678 | +€10,678 | |
| Distributable reserves | 133 | - | €10,678 | +€10,678 | |
| Profit (loss) carried forward | 14 | -€5,246 | - | +€5,246 | |
| Amounts payable | 17/49 | €28,297 | €17,027 | -€11,270 | -39.8% |
| Amounts payable after more than one year | 17 | €6,972 | - | -€6,972 | |
| Financial debts | 170/4 | €6,972 | - | -€6,972 | |
| Amounts payable within one year | 42/48 | €21,325 | €17,027 | -€4,298 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €7,606 | €6,972 | -€634 | -8.3% |
| Trade debts | 44 | €2,727 | €2,989 | +€262 | +9.6% |
| Suppliers | 440/4 | €2,727 | €2,989 | +€262 | +9.6% |
| Other amounts payable | 47/48 | €10,992 | €7,065 | -€3,926 | -35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,974 | €6,208 | -€767 | -11.0% |
| Other operating charges | 640/8 | €1,326 | €2,869 | +€1,543 | +116% |
| Gross operating margin | 9900 | -€10,695 | €25,939 | +€36,634 | |
| Operating profit (loss) | 9901 | -€18,995 | €16,863 | +€35,858 | |
| Financial income | 75/76B | €432 | €772 | +€340 | +78.8% |
| Recurring financial income | 75 | €432 | €772 | +€340 | +78.8% |
| Financial charges | 65/66B | €971 | €661 | -€311 | -32.0% |
| Recurring financial charges | 65 | €971 | €661 | -€311 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,535 | €16,975 | +€36,510 | |
| Income taxes | 67/77 | - | €1,050 | +€1,050 | |
| Profit (loss) for the period | 9904 | -€19,535 | €15,925 | +€35,460 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,535 | €15,925 | +€35,460 |
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 1 November 2026 via checked.be.