BEKAERT GOEMAERE: 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.
BEKAERT GOEMAERE
Largest movements
- Cash -€3,011
down €3,011 (-69.3%), from €4,341 to €1,331
mainly Debts after one year (-€5,890) and Trade debts (-€2,438)
- Receivables within one year -€1,960
down €1,960 (-12.2%), from €16,108 to €14,148
of which Trade receivables: -€3,005
- Tangible fixed assets -€931
down €931 (-11.7%), from €7,947 to €7,017
of which Furniture and vehicles: -€829
- Debts after one year -€5,890
down €5,890 (-28.3%), from €20,798 to €14,908
- Profit (loss) carried forward +€3,920
up €3,920 (+20.9%), from -€18,757 to -€14,837
- Trade debts -€2,438
down €2,438 (-53.9%), from €4,526 to €2,088
- Tax, wage and social debts -€1,666
down €1,666 (-27.2%), from €6,133 to €4,467
- Gross operating margin -€10,167
down €10,167 (-48.6%), from €20,922 to €10,755
- Depreciation -€7,168
down €7,168 (-68.9%), from €10,398 to €3,230
- Financial charges -€1,554
down €1,554 (-50.8%), from €3,060 to €1,506
- Taxes +€1,334
up €1,334 (+1,006%), from €133 to €1,467
- Other operating charges -€506
down €506 (-44.3%), from €1,142 to €636
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 | €30,463 | €24,669 | -€5,794 | -19.0% |
| Fixed assets | 21/28 | €7,947 | €7,017 | -€931 | -11.7% |
| Tangible fixed assets | 22/27 | €7,947 | €7,017 | -€931 | -11.7% |
| Furniture and vehicles | 24 | €7,845 | €7,017 | -€829 | -10.6% |
| Other tangible fixed assets | 26 | €102 | - | -€102 | |
| Current assets | 29/58 | €22,516 | €17,653 | -€4,863 | -21.6% |
| Amounts receivable within one year | 40/41 | €16,108 | €14,148 | -€1,960 | -12.2% |
| Trade receivables | 40 | €8,469 | €5,465 | -€3,005 | -35.5% |
| Other amounts receivable | 41 | €7,639 | €8,683 | +€1,044 | +13.7% |
| Cash at bank and in hand | 54/58 | €4,341 | €1,331 | -€3,011 | -69.3% |
| Deferred charges and accrued income | 490/1 | €2,066 | €2,174 | +€108 | +5.2% |
| Total equity and liabilities | 10/49 | €30,463 | €24,669 | -€5,794 | -19.0% |
| Equity | 10/15 | -€6,604 | -€2,683 | +€3,920 | +59.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,954 | €5,954 | = | 0.0% |
| Distributable reserves | 133 | €5,954 | €5,954 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,757 | -€14,837 | +€3,920 | +20.9% |
| Amounts payable | 17/49 | €37,066 | €27,353 | -€9,714 | -26.2% |
| Amounts payable after more than one year | 17 | €20,798 | €14,908 | -€5,890 | -28.3% |
| Financial debts | 170/4 | €20,798 | €14,908 | -€5,890 | -28.3% |
| Amounts payable within one year | 42/48 | €16,269 | €12,445 | -€3,824 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €5,611 | €5,890 | +€279 | +5.0% |
| Trade debts | 44 | €4,526 | €2,088 | -€2,438 | -53.9% |
| Suppliers | 440/4 | €4,526 | €2,088 | -€2,438 | -53.9% |
| Taxes, remuneration and social security | 45 | €6,133 | €4,467 | -€1,666 | -27.2% |
| Taxes | 450/3 | €6,133 | €4,467 | -€1,666 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,398 | €3,230 | -€7,168 | -68.9% |
| Other operating charges | 640/8 | €1,142 | €636 | -€506 | -44.3% |
| Gross operating margin | 9900 | €20,922 | €10,755 | -€10,167 | -48.6% |
| Operating profit (loss) | 9901 | €9,382 | €6,889 | -€2,493 | -26.6% |
| Financial income | 75/76B | €0 | €4 | +€4 | +13,033% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +13,033% |
| Financial charges | 65/66B | €3,060 | €1,506 | -€1,554 | -50.8% |
| Recurring financial charges | 65 | €3,060 | €1,506 | -€1,554 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €6,322 | €5,387 | -€935 | -14.8% |
| Income taxes | 67/77 | €133 | €1,467 | +€1,334 | +1,006% |
| Profit (loss) for the period | 9904 | €6,189 | €3,920 | -€2,269 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,189 | €3,920 | -€2,269 | -36.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.