GOOSSE ISOLATION: 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.
What changed
GOOSSE ISOLATION
NACE 43.230, Insulation installation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€188,867
2024 · €68,965+€119,902
Equity
€1.0m
2024 · €843,863+€188,867
Cash
€707,674
2024 · €255,834+€451,841
Balance sheet total
€3.7m
2024 · €2.9m+€822,179
Largest movements
Assets
- Cash +€451,841
up €451,841 (+177%), from €255,834 to €707,674
mainly Depreciation (+€299,580) and Debts after one year (+€276,702)
- Tangible fixed assets +€342,013
up €342,013 (+20.1%), from €1.7m to €2.0m
of which Assets under construction and advance payments: +€192,945
Equity and liabilities
- Debts after one year +€276,702
up €276,702 (+25.4%), from €1.1m to €1.4m
- Current portion of long-term debt +€236,836
up €236,836 (+89.9%), from €263,489 to €500,326
- Profit (loss) carried forward +€188,867
up €188,867 (+26.4%), from €715,824 to €904,692
- Trade debts +€99,895
up €99,895 (+17.3%), from €578,060 to €677,955
Income statement
- Staff costs -€92,839
down €92,839 (-17.7%), from €525,160 to €432,321
- Gross operating margin +€77,381
up €77,381 (+8.0%), from €965,389 to €1.0m
- Financial charges +€18,305
up €18,305 (+36.6%), from €49,980 to €68,285
- Depreciation -€11,364
down €11,364 (-3.7%), from €310,943 to €299,580
- Other operating charges +€11,347
up €11,347 (+27.7%), from €41,036 to €52,383
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.
Result 2024
€68,965
Gross operating margin
+€77,381
Staff costs
+€92,839
Depreciation
+€11,364
Write-downs
-€6,729
Other operating charges
-€11,347
Other operating items
-€15,118
Financial income
-€1,751
Financial charges
-€18,305
Taxes
-€8,432
Result 2025
€188,867
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€579,056
Investment
-€641,593
Financing
+€514,378
Cash 2024
€255,834
From operations (derived)
+€579,056
Net result for the year
+€188,867
Depreciation
+€299,580
Stocks and contracts
-€34,838
Receivables within one year
+€7,191
Smaller working-capital items
-€346
Trade debts
+€99,895
Tax, wage and social debts
+€12,691
Advances received
+€6,016
Investment (derived)
-€641,593
Investment in fixed assets (net)
-€641,593
Financing
+€514,378
Debts after one year
+€276,702
Current portion of long-term debt
+€236,836
Short-term financial debts
+€840
Cash 2025
€707,674
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,865,746 | €3,687,926 | +€822,179 | +28.7% |
| Fixed assets | 21/28 | €1,705,597 | €2,047,610 | +€342,013 | +20.1% |
| Tangible fixed assets | 22/27 | €1,703,027 | €2,045,041 | +€342,013 | +20.1% |
| Land and buildings | 22 | €659,783 | €503,726 | -€156,057 | -23.7% |
| Plant, machinery and equipment | 23 | €73,531 | €91,516 | +€17,985 | +24.5% |
| Furniture and vehicles | 24 | €125,956 | €241,729 | +€115,773 | +91.9% |
| Leasing and similar rights | 25 | €760,740 | €932,107 | +€171,367 | +22.5% |
| Assets under construction and advance payments | 27 | €83,017 | €275,962 | +€192,945 | +232% |
| Financial fixed assets | 28 | €2,569 | €2,569 | = | 0.0% |
| Current assets | 29/58 | €1,160,150 | €1,640,316 | +€480,166 | +41.4% |
| Stocks and contracts in progress | 3 | €71,805 | €106,643 | +€34,838 | +48.5% |
| Stocks | 30/36 | €71,805 | €106,643 | +€34,838 | +48.5% |
| Amounts receivable within one year | 40/41 | €815,670 | €808,479 | -€7,191 | -0.9% |
| Trade receivables | 40 | €713,765 | €697,235 | -€16,530 | -2.3% |
| Other amounts receivable | 41 | €101,906 | €111,244 | +€9,338 | +9.2% |
| Cash at bank and in hand | 54/58 | €255,834 | €707,674 | +€451,841 | +177% |
| Deferred charges and accrued income | 490/1 | €16,841 | €17,519 | +€679 | +4.0% |
| Total equity and liabilities | 10/49 | €2,865,746 | €3,687,926 | +€822,179 | +28.7% |
| Equity | 10/15 | €843,863 | €1,032,730 | +€188,867 | +22.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €108,038 | €108,038 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,428 | €8,428 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,428 | €8,428 | = | 0.0% |
| Distributable reserves | 133 | €99,611 | €99,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | €715,824 | €904,692 | +€188,867 | +26.4% |
| Amounts payable | 17/49 | €2,021,884 | €2,655,196 | +€633,312 | +31.3% |
| Amounts payable after more than one year | 17 | €1,089,780 | €1,366,482 | +€276,702 | +25.4% |
| Financial debts | 170/4 | €1,089,780 | €1,366,482 | +€276,702 | +25.4% |
| Amounts payable within one year | 42/48 | €931,569 | €1,288,714 | +€357,145 | +38.3% |
| Current portion of amounts payable after more than one year | 42 | €263,489 | €500,326 | +€236,836 | +89.9% |
| Financial debts | 43 | €2,652 | €3,492 | +€840 | +31.7% |
| Credit institutions | 430/8 | €2,652 | €3,492 | +€840 | +31.7% |
| Trade debts | 44 | €578,060 | €677,955 | +€99,895 | +17.3% |
| Suppliers | 440/4 | €578,060 | €677,955 | +€99,895 | +17.3% |
| Advances received on contracts in progress | 46 | - | €6,016 | +€6,016 | |
| Taxes, remuneration and social security | 45 | €84,372 | €97,063 | +€12,691 | +15.0% |
| Taxes | 450/3 | €69,730 | €88,555 | +€18,825 | +27.0% |
| Remuneration and social security | 454/9 | €14,642 | €8,507 | -€6,135 | -41.9% |
| Other amounts payable | 47/48 | €2,995 | €3,862 | +€867 | +29.0% |
| Accrued charges and deferred income | 492/3 | €535 | €0 | -€535 | -100% |
| Non-recurring operating income | 76A | - | €135,299 | +€135,299 | |
| Remuneration, social security and pensions | 62 | €525,160 | €432,321 | -€92,839 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310,943 | €299,580 | -€11,364 | -3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €6,729 | +€6,729 | |
| Other operating charges | 640/8 | €41,036 | €52,383 | +€11,347 | +27.7% |
| Non-recurring operating charges | 66A | €0 | €15,118 | +€15,118 | |
| Gross operating margin | 9900 | €965,389 | €1,042,770 | +€77,381 | +8.0% |
| Operating profit (loss) | 9901 | €88,250 | €236,640 | +€148,390 | +168% |
| Financial income | 75/76B | €65,341 | €63,590 | -€1,751 | -2.7% |
| Recurring financial income | 75 | €65,341 | €63,590 | -€1,751 | -2.7% |
| Financial charges | 65/66B | €49,980 | €68,285 | +€18,305 | +36.6% |
| Recurring financial charges | 65 | €49,980 | €68,285 | +€18,305 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €103,610 | €231,944 | +€128,334 | +124% |
| Income taxes | 67/77 | €34,645 | €43,077 | +€8,432 | +24.3% |
| Profit (loss) for the period | 9904 | €68,965 | €188,867 | +€119,902 | +174% |
| Profit (loss) for the period to be appropriated | 9905 | €68,965 | €188,867 | +€119,902 | +174% |
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 28 October 2026 via checked.be.