GOBLIN: 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.
GOBLIN
Largest movements
- Cash -€44,912
down €44,912 (-99.9%), from €44,967 to €56
mainly Other debts (-€38,035) and Net result for the year (-€9,943)
- Tangible fixed assets -€3,878
down €3,878 (-26.6%), from €14,561 to €10,682
of which Furniture and vehicles: -€2,122
- Receivables within one year -€3,070
down €3,070 (-67.2%), from €4,565 to €1,496
of which Trade receivables: -€2,973
- Other debts -€38,035
down €38,035 (-65.8%), from €57,831 to €19,796
- Profit (loss) carried forward -€9,943
down €9,943 (-995.0%), from -€999 to -€10,942
- Tax, wage and social debts -€4,047
down €4,047 (-91.7%), from €4,414 to €368
- Gross operating margin -€1,662
down €1,662 (-43.8%), from -€3,793 to -€5,455
- Depreciation +€284
up €284 (+7.9%), from €3,594 to €3,878
- Other operating charges -€249
no longer reported in 2025 (was €249)
- Financial charges +€213
up €213 (+139.0%), from €153 to €366
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 | €64,107 | €12,234 | -€51,874 | -80.9% |
| Fixed assets | 21/28 | €14,561 | €10,682 | -€3,878 | -26.6% |
| Tangible fixed assets | 22/27 | €14,561 | €10,682 | -€3,878 | -26.6% |
| Furniture and vehicles | 24 | €9,964 | €7,843 | -€2,122 | -21.3% |
| Other tangible fixed assets | 26 | €4,596 | €2,840 | -€1,757 | -38.2% |
| Current assets | 29/58 | €49,547 | €1,551 | -€47,995 | -96.9% |
| Amounts receivable within one year | 40/41 | €4,565 | €1,496 | -€3,070 | -67.2% |
| Trade receivables | 40 | €3,672 | €699 | -€2,973 | -81.0% |
| Other amounts receivable | 41 | €894 | €797 | -€97 | -10.9% |
| Cash at bank and in hand | 54/58 | €44,967 | €56 | -€44,912 | -99.9% |
| Deferred charges and accrued income | 490/1 | €14 | - | -€14 | |
| Total equity and liabilities | 10/49 | €64,107 | €12,234 | -€51,874 | -80.9% |
| Equity | 10/15 | €1,501 | -€8,442 | -€9,943 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€999 | -€10,942 | -€9,943 | -995.0% |
| Amounts payable | 17/49 | €62,607 | €20,676 | -€41,931 | -67.0% |
| Amounts payable within one year | 42/48 | €62,594 | €20,657 | -€41,937 | -67.0% |
| Trade debts | 44 | €349 | €493 | +€144 | +41.3% |
| Suppliers | 440/4 | €349 | €493 | +€144 | +41.3% |
| Taxes, remuneration and social security | 45 | €4,414 | €368 | -€4,047 | -91.7% |
| Taxes | 450/3 | €4,414 | €368 | -€4,047 | -91.7% |
| Other amounts payable | 47/48 | €57,831 | €19,796 | -€38,035 | -65.8% |
| Accrued charges and deferred income | 492/3 | €13 | €19 | +€7 | +50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,594 | €3,878 | +€284 | +7.9% |
| Other operating charges | 640/8 | €249 | - | -€249 | |
| Gross operating margin | 9900 | -€3,793 | -€5,455 | -€1,662 | -43.8% |
| Operating profit (loss) | 9901 | -€7,636 | -€9,333 | -€1,697 | -22.2% |
| Financial charges | 65/66B | €153 | €366 | +€213 | +139.0% |
| Recurring financial charges | 65 | €153 | €366 | +€213 | +139.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,789 | -€9,699 | -€1,911 | -24.5% |
| Income taxes | 67/77 | €203 | €244 | +€40 | +19.9% |
| Profit (loss) for the period | 9904 | -€7,992 | -€9,943 | -€1,951 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,992 | -€9,943 | -€1,951 | -24.4% |
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 12 October 2026 via checked.be.