Florence Goffin: 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.
Florence Goffin
Largest movements
- Receivables within one year -€14,045
down €14,045 (-48.5%), from €28,962 to €14,917
of which Other amounts receivable: -€14,045
- Tangible fixed assets +€11,035
up €11,035 (+139%), from €7,913 to €18,948
of which Furniture and vehicles: +€10,011
- Cash -€7,033
down €7,033 (-4.3%), from €162,128 to €155,095
mainly Contributions, distributions and other (-€120,000) and Investment in fixed assets (net) (-€11,806)
- Profit (loss) carried forward -€92,158
down €92,158 (-55.9%), from €164,820 to €72,662
- Other debts +€76,480
new in 2025: €76,480
- Trade debts +€5,968
up €5,968 (+401%), from €1,488 to €7,456
- Taxes -€23,568
down €23,568 (-58.3%), from €40,392 to €16,824
- Gross operating margin -€20,434
down €20,434 (-31.3%), from €65,300 to €44,866
- Other operating charges -€20,347
down €20,347 (-93.3%), from €21,803 to €1,455
- Depreciation +€771
new in 2025: €771
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 | €201,204 | €191,160 | -€10,043 | -5.0% |
| Fixed assets | 21/28 | €7,913 | €18,948 | +€11,035 | +139% |
| Tangible fixed assets | 22/27 | €7,913 | €18,948 | +€11,035 | +139% |
| Plant, machinery and equipment | 23 | €7,913 | €8,937 | +€1,023 | +12.9% |
| Furniture and vehicles | 24 | - | €10,011 | +€10,011 | |
| Current assets | 29/58 | €193,290 | €172,212 | -€21,078 | -10.9% |
| Amounts receivable within one year | 40/41 | €28,962 | €14,917 | -€14,045 | -48.5% |
| Trade receivables | 40 | €9,075 | €9,075 | = | 0.0% |
| Other amounts receivable | 41 | €19,887 | €5,842 | -€14,045 | -70.6% |
| Cash at bank and in hand | 54/58 | €162,128 | €155,095 | -€7,033 | -4.3% |
| Deferred charges and accrued income | 490/1 | €2,200 | €2,200 | = | 0.0% |
| Total equity and liabilities | 10/49 | €201,204 | €191,160 | -€10,043 | -5.0% |
| Equity | 10/15 | €166,820 | €74,662 | -€92,158 | -55.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,820 | €72,662 | -€92,158 | -55.9% |
| Amounts payable | 17/49 | €34,383 | €116,498 | +€82,115 | +239% |
| Amounts payable within one year | 42/48 | €34,383 | €116,498 | +€82,115 | +239% |
| Trade debts | 44 | €1,488 | €7,456 | +€5,968 | +401% |
| Suppliers | 440/4 | €1,488 | €7,456 | +€5,968 | +401% |
| Taxes, remuneration and social security | 45 | €32,896 | €32,563 | -€333 | -1.0% |
| Taxes | 450/3 | €32,896 | €32,563 | -€333 | -1.0% |
| Other amounts payable | 47/48 | - | €76,480 | +€76,480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €771 | +€771 | |
| Other operating charges | 640/8 | €21,803 | €1,455 | -€20,347 | -93.3% |
| Gross operating margin | 9900 | €65,300 | €44,866 | -€20,434 | -31.3% |
| Operating profit (loss) | 9901 | €43,497 | €42,639 | -€858 | -2.0% |
| Financial income | 75/76B | €2,018 | €2,133 | +€115 | +5.7% |
| Recurring financial income | 75 | €2,018 | €2,131 | +€113 | +5.6% |
| Non-recurring financial income | 76B | - | €2 | +€2 | |
| Financial charges | 65/66B | €96 | €107 | +€11 | +11.1% |
| Recurring financial charges | 65 | €96 | €96 | = | 0.0% |
| Non-recurring financial charges | 66B | - | €11 | +€11 | |
| Profit (loss) for the period before taxes | 9903 | €45,419 | €44,666 | -€754 | -1.7% |
| Income taxes | 67/77 | €40,392 | €16,824 | -€23,568 | -58.3% |
| Profit (loss) for the period | 9904 | €5,027 | €27,842 | +€22,815 | +454% |
| Profit (loss) for the period to be appropriated | 9905 | €5,027 | €27,842 | +€22,815 | +454% |
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 15 October 2026 via checked.be.