GOBBAERT: 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.
GOBBAERT
Largest movements
- Cash -€25,793
down €25,793 (-31.9%), from €80,958 to €55,166
mainly Other debts (-€29,999) and Trade debts (-€11,549)
- Tangible fixed assets -€5,380
down €5,380 (-29.0%), from €18,549 to €13,169
of which Furniture and vehicles: -€4,800
- Receivables within one year -€3,632
down €3,632 (-10.0%), from €36,177 to €32,546
of which Trade receivables: -€2,923
- Other debts -€29,999
down €29,999 (-84.6%), from €35,468 to €5,469
- Trade debts -€11,549
down €11,549 (-68.1%), from €16,959 to €5,410
- Tax, wage and social debts +€3,801
up €3,801 (+75.5%), from €5,037 to €8,838
of which Remuneration and social security: +€5,735
- Reserves +€3,300
up €3,300 (+17.8%), from €18,527 to €21,827
- Gross operating margin -€3,448
down €3,448 (-25.1%), from €13,727 to €10,279
- Financial income +€622
up €622 (+315%), from €198 to €820
- Taxes -€323
down €323 (-44.0%), from €734 to €411
- Financial charges -€149
down €149 (-14.5%), from €1,026 to €878
- Depreciation -€138
down €138 (-2.5%), from €5,519 to €5,380
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 | €225,382 | €191,016 | -€34,366 | -15.2% |
| Fixed assets | 21/28 | €18,549 | €13,169 | -€5,380 | -29.0% |
| Tangible fixed assets | 22/27 | €18,549 | €13,169 | -€5,380 | -29.0% |
| Furniture and vehicles | 24 | €17,581 | €12,781 | -€4,800 | -27.3% |
| Other tangible fixed assets | 26 | €968 | €388 | -€580 | -59.9% |
| Current assets | 29/58 | €206,833 | €177,847 | -€28,986 | -14.0% |
| Stocks and contracts in progress | 3 | €3,080 | €2,553 | -€527 | -17.1% |
| Stocks | 30/36 | €3,080 | €2,553 | -€527 | -17.1% |
| Amounts receivable within one year | 40/41 | €36,177 | €32,546 | -€3,632 | -10.0% |
| Trade receivables | 40 | €30,509 | €27,586 | -€2,923 | -9.6% |
| Other amounts receivable | 41 | €5,668 | €4,960 | -€708 | -12.5% |
| Current investments | 50/53 | €81,942 | €82,499 | +€556 | +0.7% |
| Cash at bank and in hand | 54/58 | €80,958 | €55,166 | -€25,793 | -31.9% |
| Deferred charges and accrued income | 490/1 | €4,675 | €5,084 | +€409 | +8.7% |
| Total equity and liabilities | 10/49 | €225,382 | €191,016 | -€34,366 | -15.2% |
| Equity | 10/15 | €147,362 | €150,740 | +€3,378 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,527 | €21,827 | +€3,300 | +17.8% |
| Distributable reserves | 133 | €18,527 | €21,827 | +€3,300 | +17.8% |
| Profit (loss) carried forward | 14 | €110,235 | €110,313 | +€78 | +0.1% |
| Amounts payable | 17/49 | €78,020 | €40,277 | -€37,743 | -48.4% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,463 | €19,717 | -€37,747 | -65.7% |
| Trade debts | 44 | €16,959 | €5,410 | -€11,549 | -68.1% |
| Suppliers | 440/4 | €16,959 | €5,410 | -€11,549 | -68.1% |
| Taxes, remuneration and social security | 45 | €5,037 | €8,838 | +€3,801 | +75.5% |
| Taxes | 450/3 | €2,202 | €269 | -€1,933 | -87.8% |
| Remuneration and social security | 454/9 | €2,835 | €8,569 | +€5,735 | +202% |
| Other amounts payable | 47/48 | €35,468 | €5,469 | -€29,999 | -84.6% |
| Accrued charges and deferred income | 492/3 | €557 | €560 | +€3 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,519 | €5,380 | -€138 | -2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,179 | €1,053 | -€126 | -10.7% |
| Gross operating margin | 9900 | €13,727 | €10,279 | -€3,448 | -25.1% |
| Operating profit (loss) | 9901 | €7,030 | €3,846 | -€3,183 | -45.3% |
| Financial income | 75/76B | €198 | €820 | +€622 | +315% |
| Recurring financial income | 75 | €198 | €820 | +€622 | +315% |
| Financial charges | 65/66B | €1,026 | €878 | -€149 | -14.5% |
| Recurring financial charges | 65 | €1,026 | €878 | -€149 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €6,201 | €3,789 | -€2,412 | -38.9% |
| Income taxes | 67/77 | €734 | €411 | -€323 | -44.0% |
| Profit (loss) for the period | 9904 | €5,467 | €3,378 | -€2,089 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,467 | €3,378 | -€2,089 | -38.2% |
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 13 October 2026 via checked.be.