GOELE CUSTERS: what changed
Two fiscal 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.
GOELE CUSTERS
Largest movements
- Cash +€76,909
up €76,909 (+39.0%), from €197,419 to €274,327
mainly Advances received (+€82,555) and Trade debts (+€29,736)
- Deferred charges and accrued income +€30,570
up €30,570 (+19.5%), from €156,752 to €187,322
- Tangible fixed assets -€18,050
down €18,050 (-27.5%), from €65,559 to €47,509
of which Furniture and vehicles: -€10,903
- Advances received +€82,555
up €82,555 (+45.2%), from €182,783 to €265,338
- Trade debts +€29,736
up €29,736 (+104.5%), from €28,444 to €58,179
- Accrued charges and deferred income -€18,448
down €18,448 (-58.0%), from €31,801 to €13,354
- Debts after one year -€12,727
down €12,727 (-34.3%), from €37,121 to €24,394
- Other debts +€6,849
up €6,849 (+20.6%), from €33,319 to €40,168
- Gross operating margin +€21,995
up €21,995 (+28.9%), from €76,043 to €98,038
- Other operating charges +€1,745
up €1,745 (+88.6%), from €1,970 to €3,715
- Taxes +€1,739
up €1,739 (+479.6%), from €363 to €2,101
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 | €430,305 | €516,774 | +€86,469 | +20.1% |
| Fixed assets | 21/28 | €68,909 | €50,859 | -€18,050 | -26.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €65,559 | €47,509 | -€18,050 | -27.5% |
| Plant, machinery and equipment | 23 | €3,201 | €2,301 | -€899 | -28.1% |
| Furniture and vehicles | 24 | €56,111 | €45,208 | -€10,903 | -19.4% |
| Other tangible fixed assets | 26 | €6,247 | €0 | -€6,247 | -100.0% |
| Financial fixed assets | 28 | €3,350 | €3,350 | = | 0.0% |
| Current assets | 29/58 | €361,396 | €465,915 | +€104,519 | +28.9% |
| Amounts receivable within one year | 40/41 | €7,226 | €4,265 | -€2,960 | -41.0% |
| Trade receivables | 40 | €7,017 | €3,367 | -€3,650 | -52.0% |
| Other amounts receivable | 41 | €209 | €899 | +€690 | +330.2% |
| Cash at bank and in hand | 54/58 | €197,419 | €274,327 | +€76,909 | +39.0% |
| Deferred charges and accrued income | 490/1 | €156,752 | €187,322 | +€30,570 | +19.5% |
| Total equity and liabilities | 10/49 | €430,305 | €516,774 | +€86,469 | +20.1% |
| Equity | 10/15 | €96,744 | €90,736 | -€6,008 | -6.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €70,892 | €64,884 | -€6,008 | -8.5% |
| Distributable reserves | 133 | €70,892 | €64,884 | -€6,008 | -8.5% |
| Profit (loss) carried forward | 14 | €852 | €852 | = | 0.0% |
| Amounts payable | 17/49 | €333,561 | €426,039 | +€92,478 | +27.7% |
| Amounts payable after more than one year | 17 | €37,121 | €24,394 | -€12,727 | -34.3% |
| Financial debts | 170/4 | €37,121 | €24,394 | -€12,727 | -34.3% |
| Amounts payable within one year | 42/48 | €264,639 | €388,291 | +€123,652 | +46.7% |
| Current portion of amounts payable after more than one year | 42 | €12,727 | €12,727 | = | 0.0% |
| Trade debts | 44 | €28,444 | €58,179 | +€29,736 | +104.5% |
| Suppliers | 440/4 | €28,444 | €58,179 | +€29,736 | +104.5% |
| Advances received on contracts in progress | 46 | €182,783 | €265,338 | +€82,555 | +45.2% |
| Taxes, remuneration and social security | 45 | €7,366 | €11,879 | +€4,512 | +61.3% |
| Taxes | 450/3 | €215 | €3,966 | +€3,751 | +1745.3% |
| Remuneration and social security | 454/9 | €7,151 | €7,913 | +€762 | +10.6% |
| Other amounts payable | 47/48 | €33,319 | €40,168 | +€6,849 | +20.6% |
| Accrued charges and deferred income | 492/3 | €31,801 | €13,354 | -€18,448 | -58.0% |
| Remuneration, social security and pensions | 62 | €44,467 | €45,379 | +€912 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,982 | €22,483 | +€501 | +2.3% |
| Other operating charges | 640/8 | €1,970 | €3,715 | +€1,745 | +88.6% |
| Gross operating margin | 9900 | €76,043 | €98,038 | +€21,995 | +28.9% |
| Operating profit (loss) | 9901 | €7,624 | €26,460 | +€18,836 | +247.0% |
| Financial income | 75/76B | €652 | €809 | +€157 | +24.1% |
| Recurring financial income | 75 | €652 | €809 | +€157 | +24.1% |
| Financial charges | 65/66B | €6,501 | €6,176 | -€325 | -5.0% |
| Recurring financial charges | 65 | €6,501 | €6,176 | -€325 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €1,775 | €21,093 | +€19,318 | +1088.2% |
| Income taxes | 67/77 | €363 | €2,101 | +€1,739 | +479.6% |
| Profit (loss) for the period | 9904 | €1,413 | €18,992 | +€17,579 | +1244.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,413 | €18,992 | +€17,579 | +1244.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.