Goodless Smart Group: 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.
Goodless Smart Group
Largest movements
- Tangible fixed assets -€325,428
down €325,428 (-31.3%), from €1.0m to €713,309
of which Plant, machinery and equipment: -€217,644
- Receivables within one year -€135,795
down €135,795 (-56.0%), from €242,539 to €106,744
of which Trade receivables: -€156,031
- Other debts +€1.1m
up €1.1m (+99.1%), from €1.1m to €2.1m
- Profit (loss) carried forward -€1.0m
down €1.0m (-111%), from -€915,837 to -€1.9m
- Debts after one year -€320,934
down €320,934 (-42.3%), from €757,892 to €436,958
- Trade debts -€192,971
down €192,971 (-61.3%), from €314,767 to €121,796
- Short-term financial debts -€26,000
down €26,000 (-25.7%), from €101,000 to €75,000
- Gross operating margin -€734,628
down €734,628, from €425,131 to -€309,497
- Staff costs -€187,449
down €187,449 (-44.6%), from €420,430 to €232,981
- Depreciation -€149,964
down €149,964 (-31.0%), from €483,222 to €333,258
- Financial charges -€54,083
down €54,083 (-43.5%), from €124,297 to €70,214
of which Non-recurring financial charges: -€53,905
- Other operating charges +€34,038
up €34,038 (+100%), from €33,956 to €67,994
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 | €1,703,538 | €1,212,284 | -€491,254 | -28.8% |
| Fixed assets | 21/28 | €1,395,300 | €1,051,468 | -€343,832 | -24.6% |
| Intangible fixed assets | 21 | €6,562 | €3,159 | -€3,403 | -51.9% |
| Tangible fixed assets | 22/27 | €1,038,737 | €713,309 | -€325,428 | -31.3% |
| Plant, machinery and equipment | 23 | €809,893 | €592,249 | -€217,644 | -26.9% |
| Furniture and vehicles | 24 | €1,122 | €639 | -€483 | -43.0% |
| Leasing and similar rights | 25 | €108,439 | €26,995 | -€81,444 | -75.1% |
| Other tangible fixed assets | 26 | €119,283 | €93,426 | -€25,858 | -21.7% |
| Financial fixed assets | 28 | €350,000 | €335,000 | -€15,000 | -4.3% |
| Current assets | 29/58 | €308,238 | €160,816 | -€147,422 | -47.8% |
| Stocks and contracts in progress | 3 | €46,251 | €46,251 | = | 0.0% |
| Stocks | 30/36 | €46,251 | €46,251 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €242,539 | €106,744 | -€135,795 | -56.0% |
| Trade receivables | 40 | €239,707 | €83,676 | -€156,031 | -65.1% |
| Other amounts receivable | 41 | €2,832 | €23,068 | +€20,236 | +715% |
| Cash at bank and in hand | 54/58 | €5,445 | €5,942 | +€497 | +9.1% |
| Deferred charges and accrued income | 490/1 | €14,003 | €1,880 | -€12,124 | -86.6% |
| Total equity and liabilities | 10/49 | €1,703,538 | €1,212,284 | -€491,254 | -28.8% |
| Equity | 10/15 | -€640,837 | -€1,654,591 | -€1.0m | -158% |
| Contributions | 10/11 | €275,000 | €275,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€915,837 | -€1,929,591 | -€1.0m | -111% |
| Amounts payable | 17/49 | €2,344,375 | €2,866,876 | +€522,501 | +22.3% |
| Amounts payable after more than one year | 17 | €757,892 | €436,958 | -€320,934 | -42.3% |
| Financial debts | 170/4 | €757,892 | €436,958 | -€320,934 | -42.3% |
| Amounts payable within one year | 42/48 | €1,586,482 | €2,429,438 | +€842,956 | +53.1% |
| Current portion of amounts payable after more than one year | 42 | €83,398 | €84,268 | +€870 | +1.0% |
| Financial debts | 43 | €101,000 | €75,000 | -€26,000 | -25.7% |
| Credit institutions | 430/8 | €101,000 | €75,000 | -€26,000 | -25.7% |
| Trade debts | 44 | €314,767 | €121,796 | -€192,971 | -61.3% |
| Suppliers | 440/4 | €314,767 | €121,796 | -€192,971 | -61.3% |
| Taxes, remuneration and social security | 45 | €17,010 | €17,119 | +€109 | +0.6% |
| Taxes | 450/3 | €174 | €351 | +€176 | +101% |
| Remuneration and social security | 454/9 | €16,835 | €16,768 | -€67 | -0.4% |
| Other amounts payable | 47/48 | €1,070,307 | €2,131,256 | +€1.1m | +99.1% |
| Accrued charges and deferred income | 492/3 | - | €479 | +€479 | |
| Remuneration, social security and pensions | 62 | €420,430 | €232,981 | -€187,449 | -44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €483,222 | €333,258 | -€149,964 | -31.0% |
| Other operating charges | 640/8 | €33,956 | €67,994 | +€34,038 | +100% |
| Non-recurring operating charges | 66A | €26,189 | €0 | -€26,189 | -100% |
| Gross operating margin | 9900 | €425,131 | -€309,497 | -€734,628 | |
| Operating profit (loss) | 9901 | -€538,666 | -€943,730 | -€405,064 | -75.2% |
| Financial income | 75/76B | €3,571 | €365 | -€3,205 | -89.8% |
| Recurring financial income | 75 | €3,571 | €365 | -€3,205 | -89.8% |
| Financial charges | 65/66B | €124,297 | €70,214 | -€54,083 | -43.5% |
| Recurring financial charges | 65 | €48,393 | €48,214 | -€179 | -0.4% |
| Non-recurring financial charges | 66B | €75,905 | €22,000 | -€53,905 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | -€659,393 | -€1,013,578 | -€354,186 | -53.7% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€659,567 | -€1,013,755 | -€354,188 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€659,567 | -€1,013,755 | -€354,188 | -53.7% |
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 20 October 2026 via checked.be.