GOEMA: 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.
GOEMA
Largest movements
- Receivables within one year -€33,573
down €33,573 (-49.1%), from €68,397 to €34,824
of which Trade receivables: -€31,408
- Cash +€26,365
up €26,365 (+14270.6%), from €185 to €26,550
mainly Receivables within one year (+€33,573) and Depreciation (+€14,731)
- Tangible fixed assets -€13,691
down €13,691 (-94.0%), from €14,557 to €866
- Deferred charges and accrued income -€3,420
no longer reported in 2025 (was €3,420)
- Trade debts -€13,927
down €13,927 (-95.9%), from €14,516 to €589
- Profit (loss) carried forward +€13,457
up €13,457 (+50.9%), from €26,427 to €39,884
- Debts after one year -€11,924
no longer reported in 2025 (was €11,924)
- Other debts -€7,530
no longer reported in 2025 (was €7,530)
- Current portion of long-term debt -€5,460
down €5,460 (-31.4%), from €17,385 to €11,924
- Depreciation -€3,031
down €3,031 (-17.1%), from €17,762 to €14,731
- Gross operating margin +€2,899
up €2,899 (+10.5%), from €27,710 to €30,609
- Taxes +€1,224
new in 2025: €1,224
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.
Cash bridge derived
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 | €86,559 | €62,240 | -€24,319 | -28.1% |
| Fixed assets | 21/28 | €14,557 | €866 | -€13,691 | -94.0% |
| Tangible fixed assets | 22/27 | €14,557 | €866 | -€13,691 | -94.0% |
| Plant, machinery and equipment | 23 | €14,557 | €866 | -€13,691 | -94.0% |
| Current assets | 29/58 | €72,002 | €61,374 | -€10,628 | -14.8% |
| Amounts receivable within one year | 40/41 | €68,397 | €34,824 | -€33,573 | -49.1% |
| Trade receivables | 40 | €66,085 | €34,677 | -€31,408 | -47.5% |
| Other amounts receivable | 41 | €2,312 | €147 | -€2,164 | -93.6% |
| Cash at bank and in hand | 54/58 | €185 | €26,550 | +€26,365 | +14270.6% |
| Deferred charges and accrued income | 490/1 | €3,420 | - | -€3,420 | |
| Total equity and liabilities | 10/49 | €86,559 | €62,240 | -€24,319 | -28.1% |
| Equity | 10/15 | €34,887 | €48,344 | +€13,457 | +38.6% |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,427 | €39,884 | +€13,457 | +50.9% |
| Amounts payable | 17/49 | €51,672 | €13,896 | -€37,776 | -73.1% |
| Amounts payable after more than one year | 17 | €11,924 | - | -€11,924 | |
| Financial debts | 170/4 | €11,924 | - | -€11,924 | |
| Amounts payable within one year | 42/48 | €39,431 | €13,738 | -€25,693 | -65.2% |
| Current portion of amounts payable after more than one year | 42 | €17,385 | €11,924 | -€5,460 | -31.4% |
| Trade debts | 44 | €14,516 | €589 | -€13,927 | -95.9% |
| Suppliers | 440/4 | €14,516 | €589 | -€13,927 | -95.9% |
| Taxes, remuneration and social security | 45 | - | €1,224 | +€1,224 | |
| Taxes | 450/3 | - | €1,224 | +€1,224 | |
| Other amounts payable | 47/48 | €7,530 | - | -€7,530 | |
| Accrued charges and deferred income | 492/3 | €316 | €158 | -€159 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,762 | €14,731 | -€3,031 | -17.1% |
| Other operating charges | 640/8 | €516 | €528 | +€12 | +2.3% |
| Gross operating margin | 9900 | €27,710 | €30,609 | +€2,899 | +10.5% |
| Operating profit (loss) | 9901 | €9,432 | €15,350 | +€5,918 | +62.7% |
| Financial charges | 65/66B | €966 | €669 | -€297 | -30.8% |
| Recurring financial charges | 65 | €966 | €669 | -€297 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €8,466 | €14,682 | +€6,215 | +73.4% |
| Income taxes | 67/77 | - | €1,224 | +€1,224 | |
| Profit (loss) for the period | 9904 | €8,466 | €13,457 | +€4,991 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,466 | €13,457 | +€4,991 | +58.9% |
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 9 October 2026 via checked.be.