GOFFEAU et 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.
GOFFEAU et CO
Largest movements
- Current investments +€124,399
up €124,399 (+31.3%), from €397,265 to €521,665
- Receivables within one year +€24,885
up €24,885 (+421%), from €5,907 to €30,792
of which Other amounts receivable: +€27,411
- Tangible fixed assets -€18,330
down €18,330 (-11.7%), from €156,872 to €138,542
of which Other tangible fixed assets: -€20,134
- Cash +€15,400
up €15,400 (+2.1%), from €717,828 to €733,228
mainly Net result for the year (+€195,315) and Tax, wage and social debts (+€56,971)
- Reserves +€76,000
up €76,000 (+6.8%), from €1.1m to €1.2m
of which Distributable reserves: +€76,000
- Tax, wage and social debts +€56,971
up €56,971 (+163%), from €34,923 to €91,894
- Other debts +€28,806
up €28,806 (+6,630%), from €434 to €29,240
- Debts after one year -€18,068
down €18,068 (-39.6%), from €45,589 to €27,521
- Financial income +€69,033
up €69,033 (+191%), from €36,090 to €105,123
- Gross operating margin +€63,087
up €63,087 (+40.1%), from €157,286 to €220,373
- Taxes +€52,433
up €52,433 (+124%), from €42,259 to €94,691
- Depreciation -€2,823
down €2,823 (-11.4%), from €24,737 to €21,914
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 | €1,294,257 | €1,437,377 | +€143,121 | +11.1% |
| Fixed assets | 21/28 | €166,162 | €147,832 | -€18,330 | -11.0% |
| Tangible fixed assets | 22/27 | €156,872 | €138,542 | -€18,330 | -11.7% |
| Land and buildings | 22 | €39,680 | €39,452 | -€228 | -0.6% |
| Furniture and vehicles | 24 | €3,843 | €5,875 | +€2,032 | +52.9% |
| Other tangible fixed assets | 26 | €113,349 | €93,215 | -€20,134 | -17.8% |
| Financial fixed assets | 28 | €9,290 | €9,290 | = | 0.0% |
| Current assets | 29/58 | €1,128,095 | €1,289,545 | +€161,450 | +14.3% |
| Stocks and contracts in progress | 3 | €1,798 | - | -€1,798 | |
| Stocks | 30/36 | €1,798 | - | -€1,798 | |
| Amounts receivable within one year | 40/41 | €5,907 | €30,792 | +€24,885 | +421% |
| Trade receivables | 40 | €5,907 | €3,381 | -€2,526 | -42.8% |
| Other amounts receivable | 41 | - | €27,411 | +€27,411 | |
| Current investments | 50/53 | €397,265 | €521,665 | +€124,399 | +31.3% |
| Cash at bank and in hand | 54/58 | €717,828 | €733,228 | +€15,400 | +2.1% |
| Deferred charges and accrued income | 490/1 | €5,297 | €3,860 | -€1,436 | -27.1% |
| Total equity and liabilities | 10/49 | €1,294,257 | €1,437,377 | +€143,121 | +11.1% |
| Equity | 10/15 | €1,193,548 | €1,269,863 | +€76,315 | +6.4% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Capital | 10 | €32,226 | €32,226 | = | 0.0% |
| Issued capital | 100 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €1,117,223 | €1,193,223 | +€76,000 | +6.8% |
| Non-distributable reserves | 130/1 | €3,223 | €3,223 | = | 0.0% |
| Legal reserve | 130 | €3,223 | €3,223 | = | 0.0% |
| Distributable reserves | 133 | €1,114,000 | €1,190,000 | +€76,000 | +6.8% |
| Profit (loss) carried forward | 14 | €44,099 | €44,414 | +€315 | +0.7% |
| Amounts payable | 17/49 | €100,709 | €167,515 | +€66,806 | +66.3% |
| Amounts payable after more than one year | 17 | €45,589 | €27,521 | -€18,068 | -39.6% |
| Financial debts | 170/4 | €45,589 | €27,521 | -€18,068 | -39.6% |
| Amounts payable within one year | 42/48 | €55,004 | €139,994 | +€84,990 | +155% |
| Current portion of amounts payable after more than one year | 42 | €17,848 | €18,068 | +€220 | +1.2% |
| Trade debts | 44 | €1,798 | €791 | -€1,007 | -56.0% |
| Suppliers | 440/4 | €1,798 | €791 | -€1,007 | -56.0% |
| Taxes, remuneration and social security | 45 | €34,923 | €91,894 | +€56,971 | +163% |
| Taxes | 450/3 | €34,923 | €91,894 | +€56,971 | +163% |
| Other amounts payable | 47/48 | €434 | €29,240 | +€28,806 | +6,630% |
| Accrued charges and deferred income | 492/3 | €116 | - | -€116 | |
| Non-recurring operating income | 76A | - | €14,063 | +€14,063 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,737 | €21,914 | -€2,823 | -11.4% |
| Other operating charges | 640/8 | €7,846 | €9,624 | +€1,778 | +22.7% |
| Gross operating margin | 9900 | €157,286 | €220,373 | +€63,087 | +40.1% |
| Operating profit (loss) | 9901 | €124,703 | €188,835 | +€64,132 | +51.4% |
| Financial income | 75/76B | €36,090 | €105,123 | +€69,033 | +191% |
| Recurring financial income | 75 | €36,090 | €105,123 | +€69,033 | +191% |
| Financial charges | 65/66B | €4,683 | €3,953 | -€730 | -15.6% |
| Recurring financial charges | 65 | €4,683 | €3,953 | -€730 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €156,111 | €290,006 | +€133,895 | +85.8% |
| Income taxes | 67/77 | €42,259 | €94,691 | +€52,433 | +124% |
| Profit (loss) for the period | 9904 | €113,852 | €195,315 | +€81,463 | +71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €113,852 | €195,315 | +€81,463 | +71.6% |
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 31 October 2026 via checked.be.