GOODSWITCH: 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.
GOODSWITCH
Largest movements
- Cash +€17,676
up €17,676 (+303.8%), from €5,817 to €23,493
mainly Receivables within one year (+€13,719) and Net result for the year (+€12,147)
- Receivables within one year -€13,719
down €13,719 (-20.7%), from €66,409 to €52,691
of which Trade receivables: -€18,498
- Tangible fixed assets +€11,208
up €11,208 (+324.9%), from €3,450 to €14,658
- Profit (loss) carried forward +€12,147
up €12,147 (+32.6%), from €37,209 to €49,356
- Debts after one year +€7,963
new in 2025: €7,963
- Other debts -€7,000
down €7,000 (-70.0%), from €10,000 to €3,000
- Current portion of long-term debt +€2,874
new in 2025: €2,874
- Tax, wage and social debts -€1,884
down €1,884 (-9.9%), from €18,940 to €17,055
- Gross operating margin +€18,064
up €18,064 (+721.7%), from €2,503 to €20,567
- Taxes +€3,973
up €3,973 (+717.5%), from €554 to €4,526
- Financial income -€859
down €859 (-29.9%), from €2,872 to €2,014
- Financial charges -€258
down €258 (-14.4%), from €1,794 to €1,536
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 | €78,549 | €92,855 | +€14,307 | +18.2% |
| Fixed assets | 21/28 | €3,450 | €14,658 | +€11,208 | +324.9% |
| Tangible fixed assets | 22/27 | €3,450 | €14,658 | +€11,208 | +324.9% |
| Furniture and vehicles | 24 | €3,450 | €14,658 | +€11,208 | +324.9% |
| Current assets | 29/58 | €75,099 | €78,198 | +€3,098 | +4.1% |
| Amounts receivable within one year | 40/41 | €66,409 | €52,691 | -€13,719 | -20.7% |
| Trade receivables | 40 | €32,593 | €14,094 | -€18,498 | -56.8% |
| Other amounts receivable | 41 | €33,817 | €38,597 | +€4,780 | +14.1% |
| Cash at bank and in hand | 54/58 | €5,817 | €23,493 | +€17,676 | +303.8% |
| Deferred charges and accrued income | 490/1 | €2,872 | €2,014 | -€859 | -29.9% |
| Total equity and liabilities | 10/49 | €78,549 | €92,855 | +€14,307 | +18.2% |
| Equity | 10/15 | €49,609 | €61,756 | +€12,147 | +24.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,209 | €49,356 | +€12,147 | +32.6% |
| Amounts payable | 17/49 | €28,940 | €31,100 | +€2,160 | +7.5% |
| Amounts payable after more than one year | 17 | - | €7,963 | +€7,963 | |
| Financial debts | 170/4 | - | €7,963 | +€7,963 | |
| Amounts payable within one year | 42/48 | €28,940 | €23,136 | -€5,803 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | - | €2,874 | +€2,874 | |
| Trade debts | 44 | - | €207 | +€207 | |
| Suppliers | 440/4 | - | €207 | +€207 | |
| Taxes, remuneration and social security | 45 | €18,940 | €17,055 | -€1,884 | -9.9% |
| Taxes | 450/3 | €18,940 | €17,055 | -€1,884 | -9.9% |
| Other amounts payable | 47/48 | €10,000 | €3,000 | -€7,000 | -70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,617 | €3,626 | +€8 | +0.2% |
| Other operating charges | 640/8 | €557 | €745 | +€188 | +33.8% |
| Gross operating margin | 9900 | €2,503 | €20,567 | +€18,064 | +721.7% |
| Operating profit (loss) | 9901 | -€1,671 | €16,196 | +€17,867 | |
| Financial income | 75/76B | €2,872 | €2,014 | -€859 | -29.9% |
| Recurring financial income | 75 | €2,872 | €2,014 | -€859 | -29.9% |
| Financial charges | 65/66B | €1,794 | €1,536 | -€258 | -14.4% |
| Recurring financial charges | 65 | €1,794 | €1,536 | -€258 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€593 | €16,673 | +€17,266 | |
| Income taxes | 67/77 | €554 | €4,526 | +€3,973 | +717.5% |
| Profit (loss) for the period | 9904 | -€1,147 | €12,147 | +€13,293 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,147 | €12,147 | +€13,293 |
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.