G.O.E.M.S.: 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.
G.O.E.M.S.
Largest movements
- Receivables within one year -€25,926
down €25,926 (-35.5%), from €72,999 to €47,072
of which Other amounts receivable: -€17,798
- Current investments +€13,233
up €13,233 (+478%), from €2,767 to €16,000
- Cash +€1,849
up €1,849 (+84.8%), from €2,180 to €4,030
mainly Receivables within one year (+€25,926) and Depreciation (+€1,222)
- Tangible fixed assets -€1,222
down €1,222 (-58.0%), from €2,109 to €887
- Profit (loss) carried forward -€7,545
down €7,545 (-31.6%), from €23,861 to €16,316
- Trade debts -€2,599
down €2,599 (-36.1%), from €7,197 to €4,598
- Tax, wage and social debts -€1,404
down €1,404 (-82.7%), from €1,698 to €294
- Gross operating margin -€6,881
down €6,881 (-3,087%), from -€223 to -€7,104
- Depreciation -€974
down €974 (-44.3%), from €2,196 to €1,222
- Financial income -€480
down €480 (-16.2%), from €2,961 to €2,481
- Taxes +€201
up €201 (+216%), from €93 to €294
- Financial charges -€88
down €88 (-13.5%), from €646 to €559
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 | €80,347 | €68,799 | -€11,548 | -14.4% |
| Fixed assets | 21/28 | €2,109 | €887 | -€1,222 | -58.0% |
| Tangible fixed assets | 22/27 | €2,109 | €887 | -€1,222 | -58.0% |
| Furniture and vehicles | 24 | €2,109 | €887 | -€1,222 | -58.0% |
| Current assets | 29/58 | €78,238 | €67,913 | -€10,326 | -13.2% |
| Amounts receivable within one year | 40/41 | €72,999 | €47,072 | -€25,926 | -35.5% |
| Trade receivables | 40 | €17,124 | €8,996 | -€8,128 | -47.5% |
| Other amounts receivable | 41 | €55,874 | €38,076 | -€17,798 | -31.9% |
| Current investments | 50/53 | €2,767 | €16,000 | +€13,233 | +478% |
| Cash at bank and in hand | 54/58 | €2,180 | €4,030 | +€1,849 | +84.8% |
| Deferred charges and accrued income | 490/1 | €292 | €810 | +€518 | +177% |
| Total equity and liabilities | 10/49 | €80,347 | €68,799 | -€11,548 | -14.4% |
| Equity | 10/15 | €71,452 | €63,907 | -€7,545 | -10.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €27,131 | €27,131 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,081 | €1,081 | = | 0.0% |
| Distributable reserves | 133 | €26,050 | €26,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,861 | €16,316 | -€7,545 | -31.6% |
| Amounts payable | 17/49 | €8,895 | €4,892 | -€4,003 | -45.0% |
| Amounts payable within one year | 42/48 | €8,895 | €4,892 | -€4,003 | -45.0% |
| Trade debts | 44 | €7,197 | €4,598 | -€2,599 | -36.1% |
| Suppliers | 440/4 | €7,197 | €4,598 | -€2,599 | -36.1% |
| Taxes, remuneration and social security | 45 | €1,698 | €294 | -€1,404 | -82.7% |
| Taxes | 450/3 | €1,698 | €294 | -€1,404 | -82.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,196 | €1,222 | -€974 | -44.3% |
| Other operating charges | 640/8 | €818 | €847 | +€29 | +3.5% |
| Gross operating margin | 9900 | -€223 | -€7,104 | -€6,881 | -3,087% |
| Operating profit (loss) | 9901 | -€3,238 | -€9,173 | -€5,936 | -183% |
| Financial income | 75/76B | €2,961 | €2,481 | -€480 | -16.2% |
| Recurring financial income | 75 | €2,961 | €2,481 | -€480 | -16.2% |
| Financial charges | 65/66B | €646 | €559 | -€88 | -13.5% |
| Recurring financial charges | 65 | €646 | €559 | -€88 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€923 | -€7,251 | -€6,328 | -686% |
| Income taxes | 67/77 | €93 | €294 | +€201 | +216% |
| Profit (loss) for the period | 9904 | -€1,016 | -€7,545 | -€6,529 | -643% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,016 | -€7,545 | -€6,529 | -643% |
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 19 October 2026 via checked.be.