G.O.B.E.: 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.
G.O.B.E.
Largest movements
- Tangible fixed assets -€7,087
down €7,087 (-36.8%), from €19,282 to €12,195
of which Furniture and vehicles: -€6,877
- Cash +€747
up €747 (+8.2%), from €9,079 to €9,827
mainly Depreciation (+€7,087) and Trade debts (+€2,440)
- Tax, wage and social debts -€10,271
down €10,271 (-52.2%), from €19,691 to €9,421
of which Remuneration and social security: -€9,000
- Trade debts +€2,440
up €2,440 (+52.7%), from €4,633 to €7,073
- Profit (loss) carried forward +€1,461
up €1,461 (+17.3%), from €8,468 to €9,930
- Purchases and services +€91,085
up €91,085 (+76.8%), from €118,640 to €209,726
- Turnover +€86,051
up €86,051 (+64.4%), from €133,591 to €219,642
- Gross operating margin -€5,380
down €5,380 (-35.1%), from €15,316 to €9,936
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,493 | €32,123 | -€6,369 | -16.5% |
| Fixed assets | 21/28 | €19,282 | €12,195 | -€7,087 | -36.8% |
| Tangible fixed assets | 22/27 | €19,282 | €12,195 | -€7,087 | -36.8% |
| Plant, machinery and equipment | 23 | €1,033 | €823 | -€210 | -20.3% |
| Furniture and vehicles | 24 | €18,250 | €11,373 | -€6,877 | -37.7% |
| Current assets | 29/58 | €19,211 | €19,928 | +€717 | +3.7% |
| Amounts receivable within one year | 40/41 | €10,131 | €10,101 | -€30 | -0.3% |
| Trade receivables | 40 | €5,348 | €9,173 | +€3,825 | +71.5% |
| Other amounts receivable | 41 | €4,783 | €928 | -€3,855 | -80.6% |
| Cash at bank and in hand | 54/58 | €9,079 | €9,827 | +€747 | +8.2% |
| Total equity and liabilities | 10/49 | €38,493 | €32,123 | -€6,369 | -16.5% |
| Equity | 10/15 | €8,968 | €10,430 | +€1,461 | +16.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,468 | €9,930 | +€1,461 | +17.3% |
| Amounts payable | 17/49 | €29,524 | €21,694 | -€7,831 | -26.5% |
| Amounts payable within one year | 42/48 | €29,524 | €21,694 | -€7,831 | -26.5% |
| Trade debts | 44 | €4,633 | €7,073 | +€2,440 | +52.7% |
| Suppliers | 440/4 | €4,633 | €7,073 | +€2,440 | +52.7% |
| Taxes, remuneration and social security | 45 | €19,691 | €9,421 | -€10,271 | -52.2% |
| Taxes | 450/3 | €1,691 | €421 | -€1,271 | -75.1% |
| Remuneration and social security | 454/9 | €18,000 | €9,000 | -€9,000 | -50.0% |
| Other amounts payable | 47/48 | €5,200 | €5,200 | = | 0.0% |
| Turnover | 70 | €133,591 | €219,642 | +€86,051 | +64.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €118,640 | €209,726 | +€91,085 | +76.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,894 | €7,087 | +€193 | +2.8% |
| Other operating charges | 640/8 | - | €149 | +€149 | |
| Gross operating margin | 9900 | €15,316 | €9,936 | -€5,380 | -35.1% |
| Operating profit (loss) | 9901 | €8,422 | €2,701 | -€5,721 | -67.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €737 | €819 | +€81 | +11.0% |
| Recurring financial charges | 65 | €737 | €819 | +€81 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €7,684 | €1,882 | -€5,802 | -75.5% |
| Income taxes | 67/77 | €1,691 | €421 | -€1,271 | -75.1% |
| Profit (loss) for the period | 9904 | €5,993 | €1,461 | -€4,532 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,993 | €1,461 | -€4,532 | -75.6% |
Source: filed annual accounts (NBB), fiscal years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.