Goalguard: 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.
Goalguard
Largest movements
- Cash +€278,234
up €278,234 (+329.0%), from €84,557 to €362,791
mainly Other debts (+€280,624) and Current investments (+€200,000)
- Current investments -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Other debts +€280,624
up €280,624 (+8154.6%), from €3,441 to €284,065
- Reserves -€234,496
down €234,496 (-94.9%), from €247,150 to €12,654
- Tax, wage and social debts +€43,201
up €43,201 (+90.6%), from €47,685 to €90,885
- Trade debts -€9,961
down €9,961 (-58.1%), from €17,139 to €7,178
- Gross operating margin +€16,963
up €16,963 (+17.9%), from €94,798 to €111,762
- Taxes +€5,260
up €5,260 (+26.9%), from €19,581 to €24,841
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 | €320,415 | €399,783 | +€79,367 | +24.8% |
| Fixed assets | 21/28 | €2,934 | €1,733 | -€1,201 | -40.9% |
| Tangible fixed assets | 22/27 | €2,834 | €1,633 | -€1,201 | -42.4% |
| Furniture and vehicles | 24 | €2,834 | €1,633 | -€1,201 | -42.4% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €317,481 | €398,050 | +€80,569 | +25.4% |
| Amounts receivable within one year | 40/41 | €32,044 | €31,134 | -€910 | -2.8% |
| Trade receivables | 40 | €32,044 | €31,103 | -€941 | -2.9% |
| Other amounts receivable | 41 | €0 | €31 | +€31 | +9662.5% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €84,557 | €362,791 | +€278,234 | +329.0% |
| Deferred charges and accrued income | 490/1 | €880 | €4,125 | +€3,245 | +368.6% |
| Total equity and liabilities | 10/49 | €320,415 | €399,783 | +€79,367 | +24.8% |
| Equity | 10/15 | €252,150 | €17,654 | -€234,496 | -93.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €247,150 | €12,654 | -€234,496 | -94.9% |
| Distributable reserves | 133 | €247,150 | €12,654 | -€234,496 | -94.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €68,265 | €382,128 | +€313,863 | +459.8% |
| Amounts payable within one year | 42/48 | €68,265 | €382,128 | +€313,863 | +459.8% |
| Trade debts | 44 | €17,139 | €7,178 | -€9,961 | -58.1% |
| Suppliers | 440/4 | €17,139 | €7,178 | -€9,961 | -58.1% |
| Taxes, remuneration and social security | 45 | €47,685 | €90,885 | +€43,201 | +90.6% |
| Taxes | 450/3 | €47,685 | €90,885 | +€43,201 | +90.6% |
| Other amounts payable | 47/48 | €3,441 | €284,065 | +€280,624 | +8154.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,201 | €1,201 | = | 0.0% |
| Other operating charges | 640/8 | €641 | €613 | -€27 | -4.3% |
| Gross operating margin | 9900 | €94,798 | €111,762 | +€16,963 | +17.9% |
| Operating profit (loss) | 9901 | €92,956 | €109,947 | +€16,991 | +18.3% |
| Financial income | 75/76B | €3,153 | €3,678 | +€525 | +16.7% |
| Recurring financial income | 75 | €3,153 | €3,678 | +€525 | +16.7% |
| Financial charges | 65/66B | €3,065 | €3,280 | +€216 | +7.0% |
| Recurring financial charges | 65 | €3,065 | €3,280 | +€216 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €93,045 | €110,345 | +€17,300 | +18.6% |
| Income taxes | 67/77 | €19,581 | €24,841 | +€5,260 | +26.9% |
| Profit (loss) for the period | 9904 | €73,464 | €85,504 | +€12,040 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,464 | €85,504 | +€12,040 | +16.4% |
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 8 October 2026 via checked.be.