GOALDING: 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.
GOALDING
Largest movements
- Cash +€13,672
up €13,672 (+63.5%), from €21,533 to €35,205
mainly Depreciation (+€9,752) and Net result for the year (+€5,281)
- Tangible fixed assets -€9,752
down €9,752 (-5.8%), from €168,659 to €158,907
- Profit (loss) carried forward +€5,281
up €5,281 (+2.7%), from €198,977 to €204,259
- Gross operating margin +€5,238
up €5,238 (+37.4%), from €14,013 to €19,251
- Purchases and services -€4,806
down €4,806 (-15.6%), from €30,807 to €26,002
- Depreciation -€464
down €464 (-4.5%), from €10,216 to €9,752
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 | €311,662 | €317,521 | +€5,859 | +1.9% |
| Fixed assets | 21/28 | €168,659 | €158,907 | -€9,752 | -5.8% |
| Tangible fixed assets | 22/27 | €168,659 | €158,907 | -€9,752 | -5.8% |
| Land and buildings | 22 | €168,659 | €158,907 | -€9,752 | -5.8% |
| Current assets | 29/58 | €143,003 | €158,614 | +€15,611 | +10.9% |
| Amounts receivable within one year | 40/41 | €728 | €653 | -€75 | -10.3% |
| Trade receivables | 40 | €728 | €653 | -€75 | -10.3% |
| Current investments | 50/53 | €120,742 | €121,256 | +€514 | +0.4% |
| Cash at bank and in hand | 54/58 | €21,533 | €35,205 | +€13,672 | +63.5% |
| Deferred charges and accrued income | 490/1 | - | €1,500 | +€1,500 | |
| Total equity and liabilities | 10/49 | €311,662 | €317,521 | +€5,859 | +1.9% |
| Equity | 10/15 | €308,977 | €314,259 | +€5,281 | +1.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198,977 | €204,259 | +€5,281 | +2.7% |
| Amounts payable | 17/49 | €2,684 | €3,262 | +€578 | +21.5% |
| Amounts payable within one year | 42/48 | €284 | €862 | +€578 | +203.1% |
| Trade debts | 44 | €284 | €862 | +€578 | +203.1% |
| Suppliers | 440/4 | €284 | €862 | +€578 | +203.1% |
| Accrued charges and deferred income | 492/3 | €2,400 | €2,400 | = | 0.0% |
| Turnover | 70 | €44,821 | €45,253 | +€432 | +1.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €30,807 | €26,002 | -€4,806 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,216 | €9,752 | -€464 | -4.5% |
| Other operating charges | 640/8 | €4,569 | €4,686 | +€117 | +2.6% |
| Gross operating margin | 9900 | €14,013 | €19,251 | +€5,238 | +37.4% |
| Operating profit (loss) | 9901 | -€772 | €4,813 | +€5,585 | |
| Financial income | 75/76B | €1,060 | €734 | -€326 | -30.8% |
| Recurring financial income | 75 | €1,060 | €734 | -€326 | -30.8% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €243 | €5,501 | +€5,259 | +2166.1% |
| Income taxes | 67/77 | -€89 | €220 | +€309 | |
| Profit (loss) for the period | 9904 | €332 | €5,281 | +€4,949 | +1492.2% |
| Profit (loss) for the period to be appropriated | 9905 | €332 | €5,281 | +€4,949 | +1492.2% |
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 3 October 2026 via checked.be.