GOBELIJN STRIPS: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
GOBELIJN STRIPS
Largest movements
- Cash -€28,333
down €28,333 (-48.2%), from €58,817 to €30,484
mainly Trade debts (-€29,923) and Net result for the year (-€12,501)
- Stocks and contracts +€4,267
up €4,267 (+3.1%), from €138,816 to €143,083
- Receivables within one year +€3,877
up €3,877 (+135%), from €2,877 to €6,754
of which Trade receivables: +€4,006
- Trade debts -€29,923
down €29,923 (-40.7%), from €73,588 to €43,664
- Advances received +€14,371
up €14,371 (+367%), from €3,913 to €18,284
- Reserves -€10,000
down €10,000 (-10.6%), from €94,092 to €84,092
of which Distributable reserves: -€10,000
- Other debts +€3,330
up €3,330 (+17.8%), from €18,757 to €22,088
- Profit (loss) carried forward -€2,501
down €2,501 (-94.0%), from €2,659 to €158
- Write-downs -€30,516
no longer reported in 2025 (was €30,516)
- Staff costs +€27,653
up €27,653 (+162%), from €17,040 to €44,693
- Gross operating margin -€18,601
down €18,601 (-34.1%), from €54,547 to €35,946
- Financial charges -€1,184
down €1,184 (-40.1%), from €2,954 to €1,770
- Taxes -€623
down €623 (-78.0%), from €799 to €176
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,297 | €193,948 | -€23,349 | -10.7% |
| Fixed assets | 21/28 | €12,700 | €11,320 | -€1,380 | -10.9% |
| Intangible fixed assets | 21 | €1,788 | €1,092 | -€696 | -38.9% |
| Tangible fixed assets | 22/27 | €1,261 | €535 | -€726 | -57.6% |
| Plant, machinery and equipment | 23 | €1,261 | €535 | -€726 | -57.6% |
| Financial fixed assets | 28 | €9,651 | €9,693 | +€42 | +0.4% |
| Current assets | 29/58 | €204,597 | €182,628 | -€21,969 | -10.7% |
| Stocks and contracts in progress | 3 | €138,816 | €143,083 | +€4,267 | +3.1% |
| Stocks | 30/36 | €138,816 | €143,083 | +€4,267 | +3.1% |
| Amounts receivable within one year | 40/41 | €2,877 | €6,754 | +€3,877 | +135% |
| Trade receivables | 40 | €2,596 | €6,602 | +€4,006 | +154% |
| Other amounts receivable | 41 | €282 | €153 | -€129 | -45.8% |
| Cash at bank and in hand | 54/58 | €58,817 | €30,484 | -€28,333 | -48.2% |
| Deferred charges and accrued income | 490/1 | €4,087 | €2,307 | -€1,780 | -43.6% |
| Total equity and liabilities | 10/49 | €217,297 | €193,948 | -€23,349 | -10.7% |
| Equity | 10/15 | €115,343 | €102,843 | -€12,501 | -10.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €94,092 | €84,092 | -€10,000 | -10.6% |
| Tax-exempt reserves | 132 | €92 | €92 | = | 0.0% |
| Distributable reserves | 133 | €94,000 | €84,000 | -€10,000 | -10.6% |
| Profit (loss) carried forward | 14 | €2,659 | €158 | -€2,501 | -94.0% |
| Amounts payable | 17/49 | €101,954 | €91,105 | -€10,849 | -10.6% |
| Amounts payable within one year | 42/48 | €101,954 | €91,105 | -€10,849 | -10.6% |
| Trade debts | 44 | €73,588 | €43,664 | -€29,923 | -40.7% |
| Suppliers | 440/4 | €73,588 | €43,664 | -€29,923 | -40.7% |
| Advances received on contracts in progress | 46 | €3,913 | €18,284 | +€14,371 | +367% |
| Taxes, remuneration and social security | 45 | €5,696 | €7,068 | +€1,373 | +24.1% |
| Taxes | 450/3 | €3,719 | €6,700 | +€2,980 | +80.1% |
| Remuneration and social security | 454/9 | €1,976 | €369 | -€1,608 | -81.4% |
| Other amounts payable | 47/48 | €18,757 | €22,088 | +€3,330 | +17.8% |
| Remuneration, social security and pensions | 62 | €17,040 | €44,693 | +€27,653 | +162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,422 | €1,422 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,516 | - | -€30,516 | |
| Other operating charges | 640/8 | - | €428 | +€428 | |
| Gross operating margin | 9900 | €54,547 | €35,946 | -€18,601 | -34.1% |
| Operating profit (loss) | 9901 | €5,569 | -€10,597 | -€16,166 | |
| Financial income | 75/76B | €259 | €43 | -€217 | -83.6% |
| Recurring financial income | 75 | €259 | €43 | -€217 | -83.6% |
| Financial charges | 65/66B | €2,954 | €1,770 | -€1,184 | -40.1% |
| Recurring financial charges | 65 | €2,954 | €1,770 | -€1,184 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €2,874 | -€12,325 | -€15,199 | |
| Income taxes | 67/77 | €799 | €176 | -€623 | -78.0% |
| Profit (loss) for the period | 9904 | €2,075 | -€12,501 | -€14,576 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,075 | -€12,501 | -€14,576 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.