Or would it need a verb in any case, such as:
"Goals to be reached by 2005" or
"Goals I want to reach by 2005" ?

Hi Godot - well, you've already proved that the waiting wasn't in vain!

I'd say that you do need a verb for this one. If you just have "goals by 2005" (which is closest to the right meaning) it also carries the second meaning of "goals I will have by 2005" i.e. it may be about the goals you want to have rather than actually attaining current goals.

I think that makes sense.

Fisk