GODDAER & CO: 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.
GODDAER & CO
Largest movements
- Cash +€49,776
up €49,776 (+354%), from €14,081 to €63,857
mainly Depreciation (+€22,182) and Net result for the year (+€21,413)
- Tangible fixed assets -€22,182
down €22,182 (-29.6%), from €74,835 to €52,653
of which Furniture and vehicles: -€21,682
- Receivables within one year -€14,633
down €14,633 (-37.6%), from €38,897 to €24,265
of which Trade receivables: -€28,958
- Reserves +€21,413
up €21,413 (+4.2%), from €512,078 to €533,491
- Gross operating margin -€147,500
down €147,500 (-63.1%), from €233,686 to €86,186
- Taxes -€45,560
down €45,560 (-87.0%), from €52,368 to €6,808
- Financial income +€3,668
up €3,668 (+75.0%), from €4,893 to €8,561
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 | €543,878 | €556,935 | +€13,057 | +2.4% |
| Fixed assets | 21/28 | €75,035 | €52,853 | -€22,182 | -29.6% |
| Tangible fixed assets | 22/27 | €74,835 | €52,653 | -€22,182 | -29.6% |
| Plant, machinery and equipment | 23 | €660 | €160 | -€500 | -75.7% |
| Furniture and vehicles | 24 | €74,175 | €52,493 | -€21,682 | -29.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €468,843 | €504,082 | +€35,239 | +7.5% |
| Amounts receivable within one year | 40/41 | €38,897 | €24,265 | -€14,633 | -37.6% |
| Trade receivables | 40 | €37,464 | €8,507 | -€28,958 | -77.3% |
| Other amounts receivable | 41 | €1,433 | €15,758 | +€14,325 | +1,000% |
| Current investments | 50/53 | €411,052 | €411,189 | +€137 | 0.0% |
| Cash at bank and in hand | 54/58 | €14,081 | €63,857 | +€49,776 | +354% |
| Deferred charges and accrued income | 490/1 | €4,814 | €4,771 | -€43 | -0.9% |
| Total equity and liabilities | 10/49 | €543,878 | €556,935 | +€13,057 | +2.4% |
| Equity | 10/15 | €518,278 | €539,691 | +€21,413 | +4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €512,078 | €533,491 | +€21,413 | +4.2% |
| Distributable reserves | 133 | €512,078 | €533,491 | +€21,413 | +4.2% |
| Amounts payable | 17/49 | €25,600 | €17,244 | -€8,356 | -32.6% |
| Amounts payable within one year | 42/48 | €25,600 | €17,244 | -€8,356 | -32.6% |
| Financial debts | 43 | €2,480 | €1,392 | -€1,088 | -43.9% |
| Credit institutions | 430/8 | €2,480 | €1,392 | -€1,088 | -43.9% |
| Trade debts | 44 | €11,702 | €8,459 | -€3,243 | -27.7% |
| Suppliers | 440/4 | €11,702 | €8,459 | -€3,243 | -27.7% |
| Taxes, remuneration and social security | 45 | €11,203 | €7,038 | -€4,166 | -37.2% |
| Taxes | 450/3 | €6,576 | €2,301 | -€4,275 | -65.0% |
| Remuneration and social security | 454/9 | €4,628 | €4,737 | +€109 | +2.4% |
| Other amounts payable | 47/48 | €215 | €355 | +€140 | +64.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €41,752 | €43,107 | +€1,355 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,182 | €22,182 | = | 0.0% |
| Other operating charges | 640/8 | €977 | €1,136 | +€158 | +16.2% |
| Gross operating margin | 9900 | €233,686 | €86,186 | -€147,500 | -63.1% |
| Operating profit (loss) | 9901 | €168,775 | €19,761 | -€149,013 | -88.3% |
| Financial income | 75/76B | €4,893 | €8,561 | +€3,668 | +75.0% |
| Recurring financial income | 75 | €4,893 | €8,561 | +€3,668 | +75.0% |
| Financial charges | 65/66B | €108 | €102 | -€7 | -6.0% |
| Recurring financial charges | 65 | €108 | €102 | -€7 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €173,560 | €28,221 | -€145,339 | -83.7% |
| Income taxes | 67/77 | €52,368 | €6,808 | -€45,560 | -87.0% |
| Profit (loss) for the period | 9904 | €121,192 | €21,413 | -€99,779 | -82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €121,192 | €21,413 | -€99,779 | -82.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.