Goffin Engineering: 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.
Goffin Engineering
Largest movements
- Receivables within one year -€18,375
down €18,375 (-62.6%), from €29,366 to €10,991
of which Trade receivables: -€18,246
- Tangible fixed assets -€8,738
down €8,738 (-7.0%), from €125,162 to €116,423
of which Furniture and vehicles: -€7,562
- Cash -€3,914
down €3,914 (-44.4%), from €8,815 to €4,902
mainly Accrued charges and deferred income (-€26,742) and Other debts (-€22,682)
- Deferred charges and accrued income -€3,590
down €3,590 (-73.8%), from €4,864 to €1,275
- Accrued charges and deferred income -€26,742
down €26,742 (-98.4%), from €27,177 to €435
- Other debts -€22,682
down €22,682 (-29.8%), from €76,047 to €53,364
- Reserves +€11,783
up €11,783 (+1254.6%), from €939 to €12,723
- Debts after one year -€9,554
down €9,554 (-25.1%), from €38,026 to €28,472
- Trade debts +€6,547
up €6,547 (+250.1%), from €2,618 to €9,165
- Gross operating margin +€10,005
up €10,005 (+22.6%), from €44,174 to €54,179
- Depreciation +€8,707
up €8,707 (+41.6%), from €20,911 to €29,619
- Taxes +€5,482
up €5,482 (+314.0%), from €1,746 to €7,227
- Financial charges -€4,063
down €4,063 (-67.1%), from €6,059 to €1,996
of which Non-recurring financial charges: -€5,224
- Other operating charges +€1,732
up €1,732 (+84.2%), from €2,057 to €3,790
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 | €168,207 | €133,590 | -€34,617 | -20.6% |
| Fixed assets | 21/28 | €125,162 | €116,423 | -€8,738 | -7.0% |
| Tangible fixed assets | 22/27 | €125,162 | €116,423 | -€8,738 | -7.0% |
| Land and buildings | 22 | €23,867 | €22,236 | -€1,631 | -6.8% |
| Plant, machinery and equipment | 23 | €3,700 | €4,155 | +€455 | +12.3% |
| Furniture and vehicles | 24 | €97,595 | €90,033 | -€7,562 | -7.7% |
| Current assets | 29/58 | €43,046 | €17,167 | -€25,879 | -60.1% |
| Amounts receivable within one year | 40/41 | €29,366 | €10,991 | -€18,375 | -62.6% |
| Trade receivables | 40 | €28,527 | €10,281 | -€18,246 | -64.0% |
| Other amounts receivable | 41 | €839 | €710 | -€129 | -15.3% |
| Cash at bank and in hand | 54/58 | €8,815 | €4,902 | -€3,914 | -44.4% |
| Deferred charges and accrued income | 490/1 | €4,864 | €1,275 | -€3,590 | -73.8% |
| Total equity and liabilities | 10/49 | €168,207 | €133,590 | -€34,617 | -20.6% |
| Equity | 10/15 | €13,435 | €25,218 | +€11,783 | +87.7% |
| Contributions | 10/11 | €12,495 | €12,495 | = | 0.0% |
| Reserves | 13 | €939 | €12,723 | +€11,783 | +1254.6% |
| Distributable reserves | 133 | €939 | €12,723 | +€11,783 | +1254.6% |
| Amounts payable | 17/49 | €154,772 | €108,372 | -€46,400 | -30.0% |
| Amounts payable after more than one year | 17 | €38,026 | €28,472 | -€9,554 | -25.1% |
| Financial debts | 170/4 | €38,026 | €28,472 | -€9,554 | -25.1% |
| Amounts payable within one year | 42/48 | €89,570 | €79,465 | -€10,105 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €9,155 | €9,554 | +€399 | +4.4% |
| Trade debts | 44 | €2,618 | €9,165 | +€6,547 | +250.1% |
| Suppliers | 440/4 | €2,618 | €9,165 | +€6,547 | +250.1% |
| Taxes, remuneration and social security | 45 | €1,750 | €7,382 | +€5,633 | +321.9% |
| Taxes | 450/3 | €1,750 | €7,382 | +€5,633 | +321.9% |
| Other amounts payable | 47/48 | €76,047 | €53,364 | -€22,682 | -29.8% |
| Accrued charges and deferred income | 492/3 | €27,177 | €435 | -€26,742 | -98.4% |
| Non-recurring operating income | 76A | €1,773 | €2,605 | +€832 | +46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,911 | €29,619 | +€8,707 | +41.6% |
| Other operating charges | 640/8 | €2,057 | €3,790 | +€1,732 | +84.2% |
| Gross operating margin | 9900 | €44,174 | €54,179 | +€10,005 | +22.6% |
| Operating profit (loss) | 9901 | €21,205 | €20,771 | -€435 | -2.1% |
| Financial income | 75/76B | €238 | €236 | -€2 | -0.9% |
| Recurring financial income | 75 | €238 | €236 | -€2 | -0.9% |
| Financial charges | 65/66B | €6,059 | €1,996 | -€4,063 | -67.1% |
| Recurring financial charges | 65 | €835 | €1,996 | +€1,161 | +139.0% |
| Non-recurring financial charges | 66B | €5,224 | - | -€5,224 | |
| Profit (loss) for the period before taxes | 9903 | €15,384 | €19,010 | +€3,626 | +23.6% |
| Income taxes | 67/77 | €1,746 | €7,227 | +€5,482 | +314.0% |
| Profit (loss) for the period | 9904 | €13,638 | €11,783 | -€1,855 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,638 | €11,783 | -€1,855 | -13.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.