GODAUX: 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.
GODAUX
Largest movements
- Receivables within one year +€276,772
up €276,772 (+4,055%), from €6,826 to €283,597
of which Trade receivables: +€241,065
- Stocks and contracts +€142,920
new in 2025: €142,920
- Cash +€73,507
up €73,507 (+4,749%), from €1,548 to €75,055
mainly Other debts (+€229,780) and Trade debts (+€224,273)
- Other debts +€229,780
up €229,780 (+784%), from €29,314 to €259,094
- Trade debts +€224,273
up €224,273 (+4,485%), from €5,000 to €229,273
of which Suppliers: +€224,273
- Tax, wage and social debts +€26,844
up €26,844 (+1,264%), from €2,124 to €28,968
- Profit (loss) carried forward +€11,102
up €11,102 (+36.7%), from -€30,238 to -€19,136
- Gross operating margin +€22,717
up €22,717, from -€5,160 to €17,556
- Other operating charges +€5,138
new in 2025: €5,138
- Depreciation -€904
down €904 (-43.0%), from €2,104 to €1,200
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 | €11,200 | €503,199 | +€491,999 | +4,393% |
| Fixed assets | 21/28 | €2,826 | €1,626 | -€1,200 | -42.5% |
| Tangible fixed assets | 22/27 | €1,326 | €126 | -€1,200 | -90.5% |
| Other tangible fixed assets | 26 | €1,326 | €126 | -€1,200 | -90.5% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €8,374 | €501,573 | +€493,199 | +5,890% |
| Stocks and contracts in progress | 3 | - | €142,920 | +€142,920 | |
| Stocks | 30/36 | - | €142,920 | +€142,920 | |
| Amounts receivable within one year | 40/41 | €6,826 | €283,597 | +€276,772 | +4,055% |
| Trade receivables | 40 | €6,164 | €247,229 | +€241,065 | +3,911% |
| Other amounts receivable | 41 | €662 | €36,368 | +€35,707 | +5,398% |
| Cash at bank and in hand | 54/58 | €1,548 | €75,055 | +€73,507 | +4,749% |
| Total equity and liabilities | 10/49 | €11,200 | €503,199 | +€491,999 | +4,393% |
| Equity | 10/15 | -€25,238 | -€14,136 | +€11,102 | +44.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,238 | -€19,136 | +€11,102 | +36.7% |
| Amounts payable | 17/49 | €36,438 | €517,335 | +€480,897 | +1,320% |
| Amounts payable within one year | 42/48 | €36,438 | €517,335 | +€480,897 | +1,320% |
| Trade debts | 44 | €5,000 | €229,273 | +€224,273 | +4,485% |
| Suppliers | 440/4 | - | €224,273 | +€224,273 | |
| Bills of exchange payable | 441 | €5,000 | €5,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,124 | €28,968 | +€26,844 | +1,264% |
| Taxes | 450/3 | €2,124 | €28,968 | +€26,844 | +1,264% |
| Other amounts payable | 47/48 | €29,314 | €259,094 | +€229,780 | +784% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,104 | €1,200 | -€904 | -43.0% |
| Other operating charges | 640/8 | - | €5,138 | +€5,138 | |
| Gross operating margin | 9900 | -€5,160 | €17,556 | +€22,717 | |
| Operating profit (loss) | 9901 | -€7,264 | €11,218 | +€18,483 | |
| Financial charges | 65/66B | - | €116 | +€116 | |
| Recurring financial charges | 65 | - | €116 | +€116 | |
| Profit (loss) for the period before taxes | 9903 | -€7,264 | €11,102 | +€18,366 | |
| Profit (loss) for the period | 9904 | -€7,264 | €11,102 | +€18,366 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,264 | €11,102 | +€18,366 |
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 15 October 2026 via checked.be.