LA GOETTE DEVELOPMENTS: 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.
LA GOETTE DEVELOPMENTS
Largest movements
- Tangible fixed assets -€656,771
down €656,771 (-47.2%), from €1.4m to €734,183
of which Furniture and vehicles: -€509,926
- Receivables within one year +€263,383
up €263,383 (+112%), from €235,830 to €499,213
of which Other amounts receivable: +€262,685
- Deferred charges and accrued income -€157,000
down €157,000 (-67.3%), from €233,342 to €76,342
- Receivables after one year +€44,713
up €44,713 (+23.3%), from €191,658 to €236,371
- Contributions -€600,000
down €600,000 (-32.9%), from €1.8m to €1.2m
- Profit (loss) carried forward -€522,034
down €522,034, from €476,570 to -€45,464
- Other debts +€465,283
up €465,283 (+210%), from €221,404 to €686,687
- Tax, wage and social debts +€160,458
up €160,458 (+6,795%), from €2,362 to €162,820
of which Taxes: +€159,508
- Trade debts +€103,726
up €103,726 (+547%), from €18,974 to €122,700
- Other operating charges +€151,327
up €151,327 (+595%), from €25,442 to €176,769
- Gross operating margin +€80,204
up €80,204 (+25.5%), from €314,126 to €394,331
- Financial charges +€42,292
up €42,292 (+124%), from €34,002 to €76,294
- Financial income +€32,437
up €32,437 (+222%), from €14,609 to €47,045
- Depreciation -€22,529
down €22,529 (-24.6%), from €91,425 to €68,896
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 | €3,648,991 | €3,143,346 | -€505,645 | -13.9% |
| Fixed assets | 21/28 | €2,769,994 | €2,113,223 | -€656,771 | -23.7% |
| Tangible fixed assets | 22/27 | €1,390,954 | €734,183 | -€656,771 | -47.2% |
| Land and buildings | 22 | €860,741 | €709,971 | -€150,771 | -17.5% |
| Plant, machinery and equipment | 23 | - | €3,925 | +€3,925 | |
| Furniture and vehicles | 24 | €530,212 | €20,287 | -€509,926 | -96.2% |
| Financial fixed assets | 28 | €1,379,040 | €1,379,040 | = | 0.0% |
| Current assets | 29/58 | €878,997 | €1,030,123 | +€151,126 | +17.2% |
| Amounts receivable after more than one year | 29 | €191,658 | €236,371 | +€44,713 | +23.3% |
| Trade receivables | 290 | €191,658 | €236,371 | +€44,713 | +23.3% |
| Stocks and contracts in progress | 3 | €110,250 | €110,250 | = | 0.0% |
| Stocks | 30/36 | €110,250 | €110,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €235,830 | €499,213 | +€263,383 | +112% |
| Trade receivables | 40 | €141,140 | €141,837 | +€698 | +0.5% |
| Other amounts receivable | 41 | €94,690 | €357,375 | +€262,685 | +277% |
| Cash at bank and in hand | 54/58 | €107,917 | €107,947 | +€30 | 0.0% |
| Deferred charges and accrued income | 490/1 | €233,342 | €76,342 | -€157,000 | -67.3% |
| Total equity and liabilities | 10/49 | €3,648,991 | €3,143,346 | -€505,645 | -13.9% |
| Equity | 10/15 | €2,490,834 | €1,368,800 | -€1.1m | -45.0% |
| Contributions | 10/11 | €1,825,000 | €1,225,000 | -€600,000 | -32.9% |
| Capital | 10 | €1,825,000 | €1,225,000 | -€600,000 | -32.9% |
| Issued capital | 100 | €1,825,000 | €1,225,000 | -€600,000 | -32.9% |
| Reserves | 13 | €189,264 | €189,264 | = | 0.0% |
| Non-distributable reserves | 130/1 | €39,264 | €39,264 | = | 0.0% |
| Legal reserve | 130 | €39,264 | €39,264 | = | 0.0% |
| Tax-exempt reserves | 132 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €476,570 | -€45,464 | -€522,034 | |
| Amounts payable | 17/49 | €1,158,158 | €1,774,546 | +€616,389 | +53.2% |
| Amounts payable after more than one year | 17 | €425,959 | €332,663 | -€93,297 | -21.9% |
| Financial debts | 170/4 | €425,959 | €332,663 | -€93,297 | -21.9% |
| Amounts payable within one year | 42/48 | €710,124 | €1,440,503 | +€730,379 | +103% |
| Current portion of amounts payable after more than one year | 42 | €92,385 | €93,297 | +€912 | +1.0% |
| Financial debts | 43 | €375,000 | €375,000 | = | 0.0% |
| Credit institutions | 430/8 | €375,000 | €375,000 | = | 0.0% |
| Trade debts | 44 | €18,974 | €122,700 | +€103,726 | +547% |
| Suppliers | 440/4 | €18,974 | €122,700 | +€103,726 | +547% |
| Taxes, remuneration and social security | 45 | €2,362 | €162,820 | +€160,458 | +6,795% |
| Taxes | 450/3 | €2,362 | €161,870 | +€159,508 | +6,754% |
| Remuneration and social security | 454/9 | - | €950 | +€950 | |
| Other amounts payable | 47/48 | €221,404 | €686,687 | +€465,283 | +210% |
| Accrued charges and deferred income | 492/3 | €22,075 | €1,381 | -€20,693 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,425 | €68,896 | -€22,529 | -24.6% |
| Other operating charges | 640/8 | €25,442 | €176,769 | +€151,327 | +595% |
| Non-recurring operating charges | 66A | €6,626 | €641,452 | +€634,826 | +9,580% |
| Gross operating margin | 9900 | €314,126 | €394,331 | +€80,204 | +25.5% |
| Operating profit (loss) | 9901 | €190,633 | -€492,786 | -€683,419 | |
| Financial income | 75/76B | €14,609 | €47,045 | +€32,437 | +222% |
| Recurring financial income | 75 | €14,609 | €47,045 | +€32,437 | +222% |
| Financial charges | 65/66B | €34,002 | €76,294 | +€42,292 | +124% |
| Recurring financial charges | 65 | €34,002 | €76,294 | +€42,292 | +124% |
| Profit (loss) for the period before taxes | 9903 | €171,241 | -€522,034 | -€693,275 | |
| Income taxes | 67/77 | €240 | - | -€240 | |
| Profit (loss) for the period | 9904 | €171,001 | -€522,034 | -€693,035 | |
| Profit (loss) for the period to be appropriated | 9905 | €171,001 | -€522,034 | -€693,035 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.