GOBLO: 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.
GOBLO
Largest movements
- Cash +€32,183
up €32,183 (+304%), from €10,590 to €42,773
mainly Depreciation (+€13,638) and Net result for the year (+€12,984)
- Receivables within one year -€12,114
down €12,114 (-30.8%), from €39,365 to €27,251
of which Trade receivables: -€12,786
- Tangible fixed assets -€3,292
down €3,292 (-2.6%), from €126,828 to €123,536
of which Plant, machinery and equipment: -€3,017
- Deferred charges and accrued income +€2,626
up €2,626 (+237%), from €1,108 to €3,734
- Reserves +€12,984
up €12,984 (+9.1%), from €142,663 to €155,647
of which Distributable reserves: +€12,984
- Trade debts +€4,237
up €4,237 (+352%), from €1,205 to €5,442
- Tax, wage and social debts +€2,125
up €2,125 (+13.9%), from €15,299 to €17,424
of which Taxes: +€2,168
- Gross operating margin +€10,459
up €10,459 (+39.9%), from €26,217 to €36,676
- Taxes +€2,147
up €2,147 (+41.9%), from €5,123 to €7,271
- Other operating charges +€1,132
up €1,132 (+78.4%), from €1,444 to €2,576
- Depreciation +€1,012
up €1,012 (+8.0%), from €12,626 to €13,638
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 | €177,940 | €197,343 | +€19,403 | +10.9% |
| Fixed assets | 21/28 | €126,878 | €123,586 | -€3,292 | -2.6% |
| Tangible fixed assets | 22/27 | €126,828 | €123,536 | -€3,292 | -2.6% |
| Land and buildings | 22 | €119,204 | €118,929 | -€275 | -0.2% |
| Plant, machinery and equipment | 23 | €7,624 | €4,606 | -€3,017 | -39.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €51,063 | €73,758 | +€22,695 | +44.4% |
| Amounts receivable within one year | 40/41 | €39,365 | €27,251 | -€12,114 | -30.8% |
| Trade receivables | 40 | €39,365 | €26,579 | -€12,786 | -32.5% |
| Other amounts receivable | 41 | €0 | €672 | +€672 | |
| Cash at bank and in hand | 54/58 | €10,590 | €42,773 | +€32,183 | +304% |
| Deferred charges and accrued income | 490/1 | €1,108 | €3,734 | +€2,626 | +237% |
| Total equity and liabilities | 10/49 | €177,940 | €197,343 | +€19,403 | +10.9% |
| Equity | 10/15 | €161,263 | €174,247 | +€12,984 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €142,663 | €155,647 | +€12,984 | +9.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €142,663 | €155,647 | +€12,984 | +9.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €16,677 | €23,096 | +€6,419 | +38.5% |
| Amounts payable within one year | 42/48 | €16,677 | €23,096 | +€6,419 | +38.5% |
| Trade debts | 44 | €1,205 | €5,442 | +€4,237 | +352% |
| Suppliers | 440/4 | €1,205 | €5,442 | +€4,237 | +352% |
| Taxes, remuneration and social security | 45 | €15,299 | €17,424 | +€2,125 | +13.9% |
| Taxes | 450/3 | €15,256 | €17,424 | +€2,168 | +14.2% |
| Remuneration and social security | 454/9 | €44 | €0 | -€44 | -100% |
| Other amounts payable | 47/48 | €173 | €231 | +€58 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,626 | €13,638 | +€1,012 | +8.0% |
| Other operating charges | 640/8 | €1,444 | €2,576 | +€1,132 | +78.4% |
| Gross operating margin | 9900 | €26,217 | €36,676 | +€10,459 | +39.9% |
| Operating profit (loss) | 9901 | €12,147 | €20,462 | +€8,315 | +68.5% |
| Financial income | 75/76B | €8 | €0 | -€8 | -99.6% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -99.6% |
| Financial charges | 65/66B | €33 | €208 | +€174 | +523% |
| Recurring financial charges | 65 | €33 | €208 | +€174 | +523% |
| Profit (loss) for the period before taxes | 9903 | €12,122 | €20,255 | +€8,133 | +67.1% |
| Income taxes | 67/77 | €5,123 | €7,271 | +€2,147 | +41.9% |
| Profit (loss) for the period | 9904 | €6,998 | €12,984 | +€5,986 | +85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,998 | €12,984 | +€5,986 | +85.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.