FIRMA GODEMA: what changed
What changed
FIRMA GODEMA
NACE 73.110, Advertising agencies
filed annual accounts (NBB)
Net result for the year
€6,429
2024 · -€96+€6,525
Equity
€174,740
2024 · €168,312+€6,429
Cash
€22,215
2024 · €5,602+€16,613
Balance sheet total
€220,997
2024 · €203,083+€17,915
Largest movements
Assets
- Tangible fixed assets -€25,563
down €25,563 (-15.8%), from €162,245 to €136,682
of which Furniture and vehicles: -€21,762
- Cash +€16,613
up €16,613 (+297%), from €5,602 to €22,215
mainly Depreciation (+€25,563) and Trade debts (+€9,518)
- Stocks and contracts +€14,173
up €14,173 (+43.9%), from €32,250 to €46,423
- Receivables within one year +€9,286
up €9,286 (+327%), from €2,840 to €12,125
of which Trade receivables: +€5,078
- Deferred charges and accrued income +€3,407
up €3,407, from €0 to €3,407
Equity and liabilities
- Trade debts +€9,518
up €9,518 (+104%), from €9,151 to €18,669
- Profit (loss) carried forward +€6,429
up €6,429 (+13.6%), from -€47,137 to -€40,709
Income statement
- Gross operating margin +€9,921
up €9,921 (+34.4%), from €28,830 to €38,751
- Taxes +€4,179
up €4,179 (+259%), from €1,613 to €5,792
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€96
Gross operating margin
+€9,921
Depreciation
+€269
Other operating charges
+€134
Financial income
+€356
Financial charges
+€23
Taxes
-€4,179
Result 2025
€6,429
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€16,613
Investment
€0
Financing
€0
Cash 2024
€5,602
From operations (derived)
+€16,613
Net result for the year
+€6,429
Depreciation
+€25,563
Stocks and contracts
-€14,173
Receivables within one year
-€9,286
Deferred charges and accrued income
-€3,407
Trade debts
+€9,518
Tax, wage and social debts
-€36
Other debts
+€2,005
Cash 2025
€22,215
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,083 | €220,997 | +€17,915 | +8.8% |
| Fixed assets | 21/28 | €162,391 | €136,828 | -€25,563 | -15.7% |
| Tangible fixed assets | 22/27 | €162,245 | €136,682 | -€25,563 | -15.8% |
| Land and buildings | 22 | €90,016 | €86,850 | -€3,167 | -3.5% |
| Plant, machinery and equipment | 23 | €817 | €442 | -€375 | -45.9% |
| Furniture and vehicles | 24 | €68,829 | €47,067 | -€21,762 | -31.6% |
| Other tangible fixed assets | 26 | €2,583 | €2,323 | -€260 | -10.1% |
| Financial fixed assets | 28 | €146 | €146 | = | 0.0% |
| Current assets | 29/58 | €40,692 | €84,170 | +€43,478 | +107% |
| Stocks and contracts in progress | 3 | €32,250 | €46,423 | +€14,173 | +43.9% |
| Stocks | 30/36 | €32,250 | €46,423 | +€14,173 | +43.9% |
| Amounts receivable within one year | 40/41 | €2,840 | €12,125 | +€9,286 | +327% |
| Trade receivables | 40 | €2,840 | €7,917 | +€5,078 | +179% |
| Other amounts receivable | 41 | - | €4,208 | +€4,208 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,602 | €22,215 | +€16,613 | +297% |
| Deferred charges and accrued income | 490/1 | €0 | €3,407 | +€3,407 | |
| Total equity and liabilities | 10/49 | €203,083 | €220,997 | +€17,915 | +8.8% |
| Equity | 10/15 | €168,312 | €174,740 | +€6,429 | +3.8% |
| Contributions | 10/11 | €8,697 | €8,697 | = | 0.0% |
| Reserves | 13 | €206,752 | €206,752 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,500 | €10,500 | = | 0.0% |
| Distributable reserves | 133 | €196,252 | €196,252 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,137 | -€40,709 | +€6,429 | +13.6% |
| Amounts payable | 17/49 | €34,771 | €46,257 | +€11,486 | +33.0% |
| Amounts payable within one year | 42/48 | €34,771 | €46,257 | +€11,486 | +33.0% |
| Trade debts | 44 | €9,151 | €18,669 | +€9,518 | +104% |
| Suppliers | 440/4 | €9,151 | €18,669 | +€9,518 | +104% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,512 | €2,476 | -€36 | -1.5% |
| Taxes | 450/3 | €2,512 | €2,476 | -€36 | -1.5% |
| Other amounts payable | 47/48 | €23,108 | €25,113 | +€2,005 | +8.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,833 | €25,563 | -€269 | -1.0% |
| Other operating charges | 640/8 | €2,362 | €2,228 | -€134 | -5.7% |
| Gross operating margin | 9900 | €28,830 | €38,751 | +€9,921 | +34.4% |
| Operating profit (loss) | 9901 | €635 | €10,959 | +€10,324 | +1,625% |
| Financial income | 75/76B | €1,058 | €1,414 | +€356 | +33.7% |
| Recurring financial income | 75 | €1,058 | €1,414 | +€356 | +33.7% |
| Financial charges | 65/66B | €175 | €153 | -€23 | -12.9% |
| Recurring financial charges | 65 | €175 | €153 | -€23 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €1,517 | €12,221 | +€10,703 | +705% |
| Income taxes | 67/77 | €1,613 | €5,792 | +€4,179 | +259% |
| Profit (loss) for the period | 9904 | -€96 | €6,429 | +€6,525 | |
| Profit (loss) for the period to be appropriated | 9905 | -€96 | €6,429 | +€6,525 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.