Gödde: 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.
Gödde
Largest movements
- Cash +€307,399
up €307,399 (+23.4%), from €1.3m to €1.6m
mainly Net result for the year (+€507,015) and Receivables within one year (+€163,296)
- Receivables within one year -€163,296
down €163,296 (-7.3%), from €2.2m to €2.1m
of which Trade receivables: -€119,017
- Profit (loss) carried forward +€507,015
up €507,015 (+26.5%), from €1.9m to €2.4m
- Trade debts -€482,695
down €482,695 (-37.0%), from €1.3m to €822,421
- Tax, wage and social debts +€82,322
up €82,322 (+27.1%), from €303,971 to €386,293
of which Taxes: +€47,641
- Gross operating margin +€286,737
up €286,737 (+17.2%), from €1.7m to €2.0m
- Staff costs +€109,333
up €109,333 (+10.5%), from €1.0m to €1.1m
- Taxes +€42,815
up €42,815 (+28.0%), from €152,665 to €195,480
- Other operating charges -€22,794
down €22,794 (-92.0%), from €24,773 to €1,979
- Write-downs +€21,860
up €21,860 (+97.7%), from -€22,378 to -€518
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 | €3,583,328 | €3,724,736 | +€141,408 | +3.9% |
| Fixed assets | 21/28 | €5,274 | €2,360 | -€2,914 | -55.3% |
| Tangible fixed assets | 22/27 | €5,224 | €2,310 | -€2,914 | -55.8% |
| Furniture and vehicles | 24 | €5,224 | €2,310 | -€2,914 | -55.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €3,578,055 | €3,722,376 | +€144,321 | +4.0% |
| Amounts receivable within one year | 40/41 | €2,247,731 | €2,084,435 | -€163,296 | -7.3% |
| Trade receivables | 40 | €2,148,932 | €2,029,915 | -€119,017 | -5.5% |
| Other amounts receivable | 41 | €98,799 | €54,520 | -€44,279 | -44.8% |
| Cash at bank and in hand | 54/58 | €1,312,001 | €1,619,400 | +€307,399 | +23.4% |
| Deferred charges and accrued income | 490/1 | €18,323 | €18,542 | +€218 | +1.2% |
| Total equity and liabilities | 10/49 | €3,583,328 | €3,724,736 | +€141,408 | +3.9% |
| Equity | 10/15 | €1,954,348 | €2,461,363 | +€507,015 | +25.9% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,913,446 | €2,420,461 | +€507,015 | +26.5% |
| Amounts payable | 17/49 | €1,628,980 | €1,263,373 | -€365,607 | -22.4% |
| Amounts payable within one year | 42/48 | €1,609,086 | €1,208,714 | -€400,372 | -24.9% |
| Trade debts | 44 | €1,305,115 | €822,421 | -€482,695 | -37.0% |
| Suppliers | 440/4 | €1,305,115 | €822,421 | -€482,695 | -37.0% |
| Taxes, remuneration and social security | 45 | €303,971 | €386,293 | +€82,322 | +27.1% |
| Taxes | 450/3 | €166,888 | €214,529 | +€47,641 | +28.5% |
| Remuneration and social security | 454/9 | €137,083 | €171,764 | +€34,681 | +25.3% |
| Accrued charges and deferred income | 492/3 | €19,894 | €54,659 | +€34,765 | +174.8% |
| Non-recurring operating income | 76A | €641 | €1,397 | +€756 | +117.9% |
| Remuneration, social security and pensions | 62 | €1,039,917 | €1,149,250 | +€109,333 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,305 | €2,914 | +€609 | +26.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€22,378 | -€518 | +€21,860 | +97.7% |
| Other operating charges | 640/8 | €24,773 | €1,979 | -€22,794 | -92.0% |
| Gross operating margin | 9900 | €1,665,862 | €1,952,599 | +€286,737 | +17.2% |
| Operating profit (loss) | 9901 | €621,244 | €798,974 | +€177,729 | +28.6% |
| Financial income | 75/76B | €8,297 | - | -€8,297 | |
| Recurring financial income | 75 | €8,297 | - | -€8,297 | |
| Financial charges | 65/66B | €96,254 | €96,479 | +€225 | +0.2% |
| Recurring financial charges | 65 | €96,254 | €96,479 | +€225 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €533,288 | €702,495 | +€169,207 | +31.7% |
| Income taxes | 67/77 | €152,665 | €195,480 | +€42,815 | +28.0% |
| Profit (loss) for the period | 9904 | €380,622 | €507,015 | +€126,392 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €380,622 | €507,015 | +€126,392 | +33.2% |
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 11 October 2026 via checked.be.