GOBERT VISION: 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.
GOBERT VISION
Largest movements
- Intangible fixed assets -€35,000
down €35,000 (-11.1%), from €315,000 to €280,000
- Receivables within one year +€31,787
up €31,787 (+263%), from €12,074 to €43,860
of which Trade receivables: +€17,562
- Tangible fixed assets -€17,214
down €17,214 (-20.5%), from €83,904 to €66,689
of which Furniture and vehicles: -€20,171
- Cash +€6,746
up €6,746 (+6.8%), from €98,691 to €105,437
mainly Depreciation (+€56,870) and Net result for the year (+€30,387)
- Stocks and contracts +€6,415
up €6,415 (+5.4%), from €117,913 to €124,328
- Debts after one year -€61,685
down €61,685 (-18.3%), from €337,793 to €276,108
- Profit (loss) carried forward +€30,387
up €30,387 (+27.8%), from €109,143 to €139,530
- Trade debts +€29,389
up €29,389 (+76.1%), from €38,599 to €67,988
- Tax, wage and social debts -€27,692
down €27,692 (-56.1%), from €49,334 to €21,641
of which Taxes: -€28,265
- Current portion of long-term debt +€27,226
up €27,226 (+45.7%), from €59,513 to €86,739
- Gross operating margin -€100,826
down €100,826 (-35.1%), from €287,069 to €186,243
- Taxes -€21,922
down €21,922 (-69.4%), from €31,587 to €9,665
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 | €627,582 | €621,049 | -€6,533 | -1.0% |
| Fixed assets | 21/28 | €398,904 | €346,689 | -€52,214 | -13.1% |
| Intangible fixed assets | 21 | €315,000 | €280,000 | -€35,000 | -11.1% |
| Tangible fixed assets | 22/27 | €83,904 | €66,689 | -€17,214 | -20.5% |
| Plant, machinery and equipment | 23 | - | €2,957 | +€2,957 | |
| Furniture and vehicles | 24 | €83,904 | €63,733 | -€20,171 | -24.0% |
| Current assets | 29/58 | €228,678 | €274,360 | +€45,682 | +20.0% |
| Stocks and contracts in progress | 3 | €117,913 | €124,328 | +€6,415 | +5.4% |
| Stocks | 30/36 | €117,913 | €124,328 | +€6,415 | +5.4% |
| Amounts receivable within one year | 40/41 | €12,074 | €43,860 | +€31,787 | +263% |
| Trade receivables | 40 | €415 | €17,977 | +€17,562 | +4,237% |
| Other amounts receivable | 41 | €11,659 | €25,884 | +€14,224 | +122% |
| Cash at bank and in hand | 54/58 | €98,691 | €105,437 | +€6,746 | +6.8% |
| Deferred charges and accrued income | 490/1 | - | €734 | +€734 | |
| Total equity and liabilities | 10/49 | €627,582 | €621,049 | -€6,533 | -1.0% |
| Equity | 10/15 | €119,143 | €149,530 | +€30,387 | +25.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,143 | €139,530 | +€30,387 | +27.8% |
| Amounts payable | 17/49 | €508,439 | €471,519 | -€36,919 | -7.3% |
| Amounts payable after more than one year | 17 | €337,793 | €276,108 | -€61,685 | -18.3% |
| Financial debts | 170/4 | €337,793 | €276,108 | -€61,685 | -18.3% |
| Amounts payable within one year | 42/48 | €167,446 | €192,211 | +€24,765 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €59,513 | €86,739 | +€27,226 | +45.7% |
| Trade debts | 44 | €38,599 | €67,988 | +€29,389 | +76.1% |
| Suppliers | 440/4 | €38,599 | €67,988 | +€29,389 | +76.1% |
| Taxes, remuneration and social security | 45 | €49,334 | €21,641 | -€27,692 | -56.1% |
| Taxes | 450/3 | €41,615 | €13,351 | -€28,265 | -67.9% |
| Remuneration and social security | 454/9 | €7,718 | €8,291 | +€573 | +7.4% |
| Other amounts payable | 47/48 | €20,000 | €15,843 | -€4,157 | -20.8% |
| Accrued charges and deferred income | 492/3 | €3,200 | €3,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €74,673 | €74,143 | -€530 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,128 | €56,870 | +€1,742 | +3.2% |
| Other operating charges | 640/8 | €1,049 | €836 | -€213 | -20.3% |
| Gross operating margin | 9900 | €287,069 | €186,243 | -€100,826 | -35.1% |
| Operating profit (loss) | 9901 | €156,220 | €54,394 | -€101,826 | -65.2% |
| Financial income | 75/76B | €2,765 | €2,978 | +€213 | +7.7% |
| Recurring financial income | 75 | €2,765 | €2,978 | +€213 | +7.7% |
| Financial charges | 65/66B | €18,255 | €17,321 | -€935 | -5.1% |
| Recurring financial charges | 65 | €18,255 | €17,321 | -€935 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €140,730 | €40,051 | -€100,679 | -71.5% |
| Income taxes | 67/77 | €31,587 | €9,665 | -€21,922 | -69.4% |
| Profit (loss) for the period | 9904 | €109,143 | €30,387 | -€78,757 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €109,143 | €30,387 | -€78,757 | -72.2% |
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 27 October 2026 via checked.be.