GOULOCK: 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.
GOULOCK
Largest movements
- Cash +€2,849
up €2,849 (+1,380%), from €206 to €3,056
mainly Stocks and contracts (+€953) and Receivables within one year (+€727)
- Stocks and contracts -€953
down €953 (-13.2%), from €7,228 to €6,275
- Receivables within one year -€727
down €727 (-99.0%), from €734 to €7
of which Trade receivables: -€600
- Formation expenses -€409
down €409 (-44.7%), from €916 to €507
- Trade debts +€347
up €347 (+89.6%), from €387 to €734
- Tax, wage and social debts +€306
new in 2025: €306
- Gross operating margin +€2,059
up €2,059, from -€1,055 to €1,004
- Financial charges +€101
up €101 (+197%), from €52 to €153
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €9,084 | €9,845 | +€760 | +8.4% |
| Formation expenses | 20 | €916 | €507 | -€409 | -44.7% |
| Current assets | 29/58 | €8,169 | €9,338 | +€1,170 | +14.3% |
| Stocks and contracts in progress | 3 | €7,228 | €6,275 | -€953 | -13.2% |
| Stocks | 30/36 | €7,228 | €6,275 | -€953 | -13.2% |
| Amounts receivable within one year | 40/41 | €734 | €7 | -€727 | -99.0% |
| Trade receivables | 40 | €600 | - | -€600 | |
| Other amounts receivable | 41 | €134 | €7 | -€127 | -94.7% |
| Cash at bank and in hand | 54/58 | €206 | €3,056 | +€2,849 | +1,380% |
| Total equity and liabilities | 10/49 | €9,084 | €9,845 | +€760 | +8.4% |
| Equity | 10/15 | €8,693 | €8,734 | +€42 | +0.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,307 | -€6,266 | +€42 | +0.7% |
| Amounts payable | 17/49 | €392 | €1,111 | +€719 | +183% |
| Amounts payable within one year | 42/48 | €392 | €1,111 | +€719 | +183% |
| Trade debts | 44 | €387 | €734 | +€347 | +89.6% |
| Suppliers | 440/4 | €387 | €734 | +€347 | +89.6% |
| Taxes, remuneration and social security | 45 | - | €306 | +€306 | |
| Taxes | 450/3 | - | €306 | +€306 | |
| Other amounts payable | 47/48 | €5 | €70 | +€66 | +1,460% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €409 | €409 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,055 | €1,004 | +€2,059 | |
| Operating profit (loss) | 9901 | -€1,852 | €195 | +€2,047 | |
| Financial charges | 65/66B | €52 | €153 | +€101 | +197% |
| Recurring financial charges | 65 | €52 | €153 | +€101 | +197% |
| Profit (loss) for the period before taxes | 9903 | -€1,904 | €42 | +€1,945 | |
| Profit (loss) for the period | 9904 | -€1,904 | €42 | +€1,945 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,904 | €42 | +€1,945 |
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 24 October 2026 via checked.be.