GOODLANDS: 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.
GOODLANDS
Largest movements
- Cash +€17,308
up €17,308 (+87.0%), from €19,884 to €37,192
mainly Trade debts (+€8,580) and Investment in fixed assets (net) (+€8,102)
- Tangible fixed assets -€13,331
down €13,331 (-44.2%), from €30,173 to €16,842
of which Furniture and vehicles: -€9,399
- Receivables within one year -€4,088
down €4,088 (-21.6%), from €18,925 to €14,837
of which Trade receivables: -€3,628
- Deferred charges and accrued income +€3,830
new in 2025: €3,830
- Trade debts +€8,580
up €8,580 (+107.2%), from €8,001 to €16,581
- Profit (loss) carried forward -€5,813
down €5,813, from €345 to -€5,468
- Other debts +€4,792
up €4,792 (+64.6%), from €7,418 to €12,210
- Tax, wage and social debts -€3,839
down €3,839 (-24.6%), from €15,582 to €11,742
of which Taxes: -€3,839
- Taxes +€1,792
up €1,792 (+69.4%), from €2,583 to €4,376
- Other operating charges +€1,473
up €1,473 (+162.2%), from €908 to €2,381
- Financial charges +€1,270
up €1,270 (+189.8%), from €669 to €1,938
- Depreciation -€903
down €903 (-14.7%), from €6,132 to €5,229
- Gross operating margin -€476
down €476 (-5.6%), from €8,459 to €7,984
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 | €68,981 | €72,700 | +€3,719 | +5.4% |
| Fixed assets | 21/28 | €30,173 | €16,842 | -€13,331 | -44.2% |
| Tangible fixed assets | 22/27 | €30,173 | €16,842 | -€13,331 | -44.2% |
| Plant, machinery and equipment | 23 | €4,215 | €2,485 | -€1,729 | -41.0% |
| Furniture and vehicles | 24 | €9,399 | - | -€9,399 | |
| Other tangible fixed assets | 26 | €16,559 | €14,356 | -€2,202 | -13.3% |
| Current assets | 29/58 | €38,808 | €55,858 | +€17,050 | +43.9% |
| Amounts receivable within one year | 40/41 | €18,925 | €14,837 | -€4,088 | -21.6% |
| Trade receivables | 40 | €17,368 | €13,740 | -€3,628 | -20.9% |
| Other amounts receivable | 41 | €1,557 | €1,097 | -€460 | -29.5% |
| Cash at bank and in hand | 54/58 | €19,884 | €37,192 | +€17,308 | +87.0% |
| Deferred charges and accrued income | 490/1 | - | €3,830 | +€3,830 | |
| Total equity and liabilities | 10/49 | €68,981 | €72,700 | +€3,719 | +5.4% |
| Equity | 10/15 | €37,980 | €32,166 | -€5,813 | -15.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,035 | €19,035 | = | 0.0% |
| Distributable reserves | 133 | €19,035 | €19,035 | = | 0.0% |
| Profit (loss) carried forward | 14 | €345 | -€5,468 | -€5,813 | |
| Amounts payable | 17/49 | €31,001 | €40,534 | +€9,533 | +30.8% |
| Amounts payable within one year | 42/48 | €31,001 | €40,534 | +€9,533 | +30.8% |
| Trade debts | 44 | €8,001 | €16,581 | +€8,580 | +107.2% |
| Suppliers | 440/4 | €8,001 | €16,581 | +€8,580 | +107.2% |
| Taxes, remuneration and social security | 45 | €15,582 | €11,742 | -€3,839 | -24.6% |
| Taxes | 450/3 | €14,082 | €10,242 | -€3,839 | -27.3% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €7,418 | €12,210 | +€4,792 | +64.6% |
| Non-recurring operating income | 76A | - | €8,151 | +€8,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,132 | €5,229 | -€903 | -14.7% |
| Other operating charges | 640/8 | €908 | €2,381 | +€1,473 | +162.2% |
| Gross operating margin | 9900 | €8,459 | €7,984 | -€476 | -5.6% |
| Operating profit (loss) | 9901 | €1,419 | €374 | -€1,045 | -73.7% |
| Financial income | 75/76B | €71 | €127 | +€56 | +79.4% |
| Recurring financial income | 75 | €71 | €127 | +€56 | +79.4% |
| Financial charges | 65/66B | €669 | €1,938 | +€1,270 | +189.8% |
| Recurring financial charges | 65 | €669 | €1,938 | +€1,270 | +189.8% |
| Profit (loss) for the period before taxes | 9903 | €821 | -€1,438 | -€2,259 | |
| Income taxes | 67/77 | €2,583 | €4,376 | +€1,792 | +69.4% |
| Profit (loss) for the period | 9904 | -€1,762 | -€5,813 | -€4,051 | -229.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,762 | -€5,813 | -€4,051 | -229.9% |
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 12 October 2026 via checked.be.