François GOFFINET Design: 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.
François GOFFINET Design
Largest movements
- Financial fixed assets +€620,100
up €620,100 (+1,250,706%), from €50 to €620,150
- Tangible fixed assets -€43,288
down €43,288 (-10.3%), from €421,566 to €378,278
of which Land and buildings: -€53,377
- Cash -€17,684
down €17,684 (-47.9%), from €36,891 to €19,207
mainly Investment in fixed assets (net) (-€645,669) and Debts after one year (-€53,675)
- Contributions +€620,100
up €620,100 (+345%), from €179,885 to €799,985
- Debts after one year -€53,675
down €53,675 (-79.5%), from €67,488 to €13,814
- Other debts -€16,536
down €16,536 (-14.9%), from €110,912 to €94,376
- Reserves +€16,000
up €16,000 (+21.4%), from €74,597 to €90,597
of which Distributable reserves: +€16,000
- Trade debts -€14,257
down €14,257 (-81.2%), from €17,556 to €3,299
- Gross operating margin +€9,135
up €9,135 (+9.3%), from €97,740 to €106,875
- Other operating charges +€3,896
up €3,896 (+160%), from €2,429 to €6,325
- Taxes +€2,627
up €2,627 (+33.2%), from €7,917 to €10,544
- Financial charges -€2,453
down €2,453 (-33.8%), from €7,251 to €4,798
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 | €533,759 | €1,089,673 | +€555,914 | +104% |
| Fixed assets | 21/28 | €421,615 | €998,428 | +€576,812 | +137% |
| Tangible fixed assets | 22/27 | €421,566 | €378,278 | -€43,288 | -10.3% |
| Land and buildings | 22 | €410,682 | €357,305 | -€53,377 | -13.0% |
| Plant, machinery and equipment | 23 | €7,660 | €8,678 | +€1,018 | +13.3% |
| Furniture and vehicles | 24 | €1,602 | €2,036 | +€435 | +27.1% |
| Other tangible fixed assets | 26 | €1,622 | €450 | -€1,172 | -72.2% |
| Assets under construction and advance payments | 27 | - | €9,809 | +€9,809 | |
| Financial fixed assets | 28 | €50 | €620,150 | +€620,100 | +1,250,706% |
| Current assets | 29/58 | €112,144 | €91,246 | -€20,898 | -18.6% |
| Amounts receivable within one year | 40/41 | €74,901 | €72,039 | -€2,862 | -3.8% |
| Trade receivables | 40 | €71,409 | €68,136 | -€3,274 | -4.6% |
| Other amounts receivable | 41 | €3,492 | €3,903 | +€411 | +11.8% |
| Cash at bank and in hand | 54/58 | €36,891 | €19,207 | -€17,684 | -47.9% |
| Deferred charges and accrued income | 490/1 | €352 | - | -€352 | |
| Total equity and liabilities | 10/49 | €533,759 | €1,089,673 | +€555,914 | +104% |
| Equity | 10/15 | €286,061 | €922,538 | +€636,477 | +222% |
| Contributions | 10/11 | €179,885 | €799,985 | +€620,100 | +345% |
| Reserves | 13 | €74,597 | €90,597 | +€16,000 | +21.4% |
| Tax-exempt reserves | 132 | €18,025 | €18,025 | = | 0.0% |
| Distributable reserves | 133 | €56,572 | €72,572 | +€16,000 | +28.3% |
| Profit (loss) carried forward | 14 | €31,579 | €31,955 | +€377 | +1.2% |
| Amounts payable | 17/49 | €247,698 | €167,136 | -€80,563 | -32.5% |
| Amounts payable after more than one year | 17 | €67,488 | €13,814 | -€53,675 | -79.5% |
| Financial debts | 170/4 | €67,488 | €13,814 | -€53,675 | -79.5% |
| Amounts payable within one year | 42/48 | €180,138 | €153,322 | -€26,816 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €51,233 | €53,675 | +€2,441 | +4.8% |
| Trade debts | 44 | €17,556 | €3,299 | -€14,257 | -81.2% |
| Suppliers | 440/4 | €17,556 | €3,299 | -€14,257 | -81.2% |
| Taxes, remuneration and social security | 45 | €436 | €1,973 | +€1,536 | +352% |
| Taxes | 450/3 | €436 | €1,973 | +€1,536 | +352% |
| Other amounts payable | 47/48 | €110,912 | €94,376 | -€16,536 | -14.9% |
| Accrued charges and deferred income | 492/3 | €72 | - | -€72 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,701 | €68,856 | -€844 | -1.2% |
| Other operating charges | 640/8 | €2,429 | €6,325 | +€3,896 | +160% |
| Gross operating margin | 9900 | €97,740 | €106,875 | +€9,135 | +9.3% |
| Operating profit (loss) | 9901 | €25,611 | €31,694 | +€6,083 | +23.8% |
| Financial income | 75/76B | €109 | €25 | -€84 | -76.9% |
| Recurring financial income | 75 | €109 | €25 | -€84 | -76.9% |
| Financial charges | 65/66B | €7,251 | €4,798 | -€2,453 | -33.8% |
| Recurring financial charges | 65 | €7,251 | €4,798 | -€2,453 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €18,469 | €26,921 | +€8,452 | +45.8% |
| Income taxes | 67/77 | €7,917 | €10,544 | +€2,627 | +33.2% |
| Profit (loss) for the period | 9904 | €10,552 | €16,377 | +€5,825 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,552 | €16,377 | +€5,825 | +55.2% |
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 18 October 2026 via checked.be.