Bernard GOFFINET: what changed
Two fiscal 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.
Bernard GOFFINET
Largest movements
- Cash -€117,296
down €117,296 (-33.7%), from €347,961 to €230,666
mainly Contributions, distributions and other (-€210,900) and Other debts (-€146,198)
- Receivables within one year -€23,119
down €23,119 (-62.8%), from €36,822 to €13,704
of which Trade receivables: -€33,119
- Current investments -€14,287
no longer reported in 2025 (was €14,287)
- Tangible fixed assets -€11,301
down €11,301 (-24.1%), from €46,981 to €35,680
of which Furniture and vehicles: -€9,819
- Other debts -€146,198
down €146,198 (-40.9%), from €357,731 to €211,533
- Profit (loss) carried forward -€11,663
down €11,663 (-45.0%), from €25,894 to €14,231
- Tax, wage and social debts -€8,892
down €8,892 (-24.4%), from €36,486 to €27,594
- Gross operating margin -€14,435
down €14,435 (-4.9%), from €294,955 to €280,520
- Financial charges +€7,291
up €7,291 (+765.8%), from €952 to €8,243
- Financial income +€6,605
up €6,605 (+334.0%), from €1,978 to €8,583
- Depreciation -€5,402
down €5,402 (-26.2%), from €20,581 to €15,179
- Taxes -€3,487
down €3,487 (-5.3%), from €65,444 to €61,957
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.
Cash bridge derived
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 | €450,640 | €284,978 | -€165,662 | -36.8% |
| Fixed assets | 21/28 | €46,981 | €35,680 | -€11,301 | -24.1% |
| Tangible fixed assets | 22/27 | €46,981 | €35,680 | -€11,301 | -24.1% |
| Furniture and vehicles | 24 | €35,992 | €26,173 | -€9,819 | -27.3% |
| Other tangible fixed assets | 26 | €10,989 | €9,506 | -€1,482 | -13.5% |
| Current assets | 29/58 | €403,660 | €249,299 | -€154,361 | -38.2% |
| Amounts receivable within one year | 40/41 | €36,822 | €13,704 | -€23,119 | -62.8% |
| Trade receivables | 40 | €36,822 | €3,704 | -€33,119 | -89.9% |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Current investments | 50/53 | €14,287 | - | -€14,287 | |
| Cash at bank and in hand | 54/58 | €347,961 | €230,666 | -€117,296 | -33.7% |
| Deferred charges and accrued income | 490/1 | €4,590 | €4,930 | +€340 | +7.4% |
| Total equity and liabilities | 10/49 | €450,640 | €284,978 | -€165,662 | -36.8% |
| Equity | 10/15 | €52,354 | €40,691 | -€11,663 | -22.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,894 | €14,231 | -€11,663 | -45.0% |
| Amounts payable | 17/49 | €398,286 | €244,288 | -€153,999 | -38.7% |
| Amounts payable within one year | 42/48 | €398,286 | €244,288 | -€153,999 | -38.7% |
| Trade debts | 44 | €4,069 | €5,161 | +€1,091 | +26.8% |
| Suppliers | 440/4 | €4,069 | €5,161 | +€1,091 | +26.8% |
| Taxes, remuneration and social security | 45 | €36,486 | €27,594 | -€8,892 | -24.4% |
| Taxes | 450/3 | €36,486 | €27,594 | -€8,892 | -24.4% |
| Other amounts payable | 47/48 | €357,731 | €211,533 | -€146,198 | -40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,581 | €15,179 | -€5,402 | -26.2% |
| Other operating charges | 640/8 | €4,664 | €4,488 | -€176 | -3.8% |
| Gross operating margin | 9900 | €294,955 | €280,520 | -€14,435 | -4.9% |
| Operating profit (loss) | 9901 | €269,710 | €260,853 | -€8,856 | -3.3% |
| Financial income | 75/76B | €1,978 | €8,583 | +€6,605 | +334.0% |
| Recurring financial income | 75 | €1,978 | €8,583 | +€6,605 | +334.0% |
| Financial charges | 65/66B | €952 | €8,243 | +€7,291 | +765.8% |
| Recurring financial charges | 65 | €952 | €8,243 | +€7,291 | +765.8% |
| Profit (loss) for the period before taxes | 9903 | €270,736 | €261,194 | -€9,542 | -3.5% |
| Income taxes | 67/77 | €65,444 | €61,957 | -€3,487 | -5.3% |
| Profit (loss) for the period | 9904 | €205,292 | €199,237 | -€6,055 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €205,292 | €199,237 | -€6,055 | -2.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.