GOUFFEAU: 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.
GOUFFEAU
Largest movements
- Cash +€18,137
up €18,137 (+202.2%), from €8,971 to €27,109
mainly Net result for the year (+€31,239) and Other debts (+€13,143)
- Receivables within one year +€9,922
up €9,922 (+28.4%), from €34,879 to €44,801
of which Trade receivables: +€9,845
- Tangible fixed assets -€2,954
down €2,954 (-14.5%), from €20,374 to €17,420
of which Land and buildings: -€1,817
- Profit (loss) carried forward +€17,739
up €17,739 (+30.6%), from €57,878 to €75,617
- Other debts +€13,143
up €13,143 (+219.1%), from €6,000 to €19,143
- Accrued charges and deferred income +€9,240
new in 2025: €9,240
- Current portion of long-term debt -€9,193
down €9,193 (-58.3%), from €15,779 to €6,585
- Debts after one year -€3,220
down €3,220 (-11.8%), from €27,284 to €24,064
- Gross operating margin -€8,156
down €8,156 (-16.3%), from €49,899 to €41,744
- Taxes +€6,539
up €6,539 (+65.4%), from €10,000 to €16,539
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 | €126,100 | €151,204 | +€25,105 | +19.9% |
| Fixed assets | 21/28 | €82,250 | €79,295 | -€2,954 | -3.6% |
| Tangible fixed assets | 22/27 | €20,374 | €17,420 | -€2,954 | -14.5% |
| Land and buildings | 22 | €16,572 | €14,755 | -€1,817 | -11.0% |
| Furniture and vehicles | 24 | €3,803 | €2,665 | -€1,137 | -29.9% |
| Financial fixed assets | 28 | €61,876 | €61,876 | = | 0.0% |
| Current assets | 29/58 | €43,850 | €71,909 | +€28,059 | +64.0% |
| Amounts receivable within one year | 40/41 | €34,879 | €44,801 | +€9,922 | +28.4% |
| Trade receivables | 40 | €34,842 | €44,687 | +€9,845 | +28.3% |
| Other amounts receivable | 41 | €37 | €113 | +€76 | +208.5% |
| Cash at bank and in hand | 54/58 | €8,971 | €27,109 | +€18,137 | +202.2% |
| Total equity and liabilities | 10/49 | €126,100 | €151,204 | +€25,105 | +19.9% |
| Equity | 10/15 | €72,138 | €89,877 | +€17,739 | +24.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,878 | €75,617 | +€17,739 | +30.6% |
| Amounts payable | 17/49 | €53,962 | €61,328 | +€7,366 | +13.7% |
| Amounts payable after more than one year | 17 | €27,284 | €24,064 | -€3,220 | -11.8% |
| Other amounts payable | 178/9 | €27,284 | €24,064 | -€3,220 | -11.8% |
| Amounts payable within one year | 42/48 | €26,677 | €28,024 | +€1,347 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €15,779 | €6,585 | -€9,193 | -58.3% |
| Trade debts | 44 | €4,583 | €1,754 | -€2,828 | -61.7% |
| Suppliers | 440/4 | €4,583 | €1,754 | -€2,828 | -61.7% |
| Taxes, remuneration and social security | 45 | €316 | €541 | +€225 | +71.2% |
| Taxes | 450/3 | €316 | €541 | +€225 | +71.2% |
| Other amounts payable | 47/48 | €6,000 | €19,143 | +€13,143 | +219.1% |
| Accrued charges and deferred income | 492/3 | - | €9,240 | +€9,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,714 | €2,954 | +€240 | +8.9% |
| Other operating charges | 640/8 | €1,108 | €1,072 | -€36 | -3.3% |
| Gross operating margin | 9900 | €49,899 | €41,744 | -€8,156 | -16.3% |
| Operating profit (loss) | 9901 | €46,077 | €37,717 | -€8,360 | -18.1% |
| Financial income | 75/76B | €15,147 | €14,766 | -€381 | -2.5% |
| Recurring financial income | 75 | €2 | €14,766 | +€14,764 | +738176.5% |
| Non-recurring financial income | 76B | €15,145 | - | -€15,145 | |
| Financial charges | 65/66B | €4,362 | €4,705 | +€343 | +7.9% |
| Recurring financial charges | 65 | €4,362 | €4,705 | +€343 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €56,862 | €47,778 | -€9,084 | -16.0% |
| Income taxes | 67/77 | €10,000 | €16,539 | +€6,539 | +65.4% |
| Profit (loss) for the period | 9904 | €46,862 | €31,239 | -€15,623 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,862 | €31,239 | -€15,623 | -33.3% |
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 9 October 2026 via checked.be.