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.
GOEMAERE
Largest movements
- Tangible fixed assets -€24,451
down €24,451 (-39.7%), from €61,613 to €37,162
of which Furniture and vehicles: -€23,516
- Cash +€13,707
up €13,707 (+64.1%), from €21,399 to €35,106
mainly Depreciation (+€24,451) and Net result for the year (+€15,515)
- Deferred charges and accrued income +€7,115
up €7,115 (+312%), from €2,283 to €9,397
- Reserves +€15,515
up €15,515 (+53.4%), from €29,042 to €44,557
- Debts after one year -€10,210
down €10,210 (-70.1%), from €14,576 to €4,365
- Tax, wage and social debts -€5,299
down €5,299 (-35.1%), from €15,109 to €9,810
- Trade debts -€4,178
down €4,178 (-72.7%), from €5,745 to €1,567
- Depreciation +€9,640
up €9,640 (+65.1%), from €14,811 to €24,451
- Gross operating margin -€5,691
down €5,691 (-10.6%), from €53,642 to €47,951
- Taxes -€1,885
down €1,885 (-22.5%), from €8,367 to €6,482
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 | €85,294 | €81,665 | -€3,630 | -4.3% |
| Fixed assets | 21/28 | €61,613 | €37,162 | -€24,451 | -39.7% |
| Tangible fixed assets | 22/27 | €61,613 | €37,162 | -€24,451 | -39.7% |
| Plant, machinery and equipment | 23 | €4,407 | €3,471 | -€935 | -21.2% |
| Furniture and vehicles | 24 | €57,206 | €33,690 | -€23,516 | -41.1% |
| Current assets | 29/58 | €23,681 | €44,503 | +€20,822 | +87.9% |
| Cash at bank and in hand | 54/58 | €21,399 | €35,106 | +€13,707 | +64.1% |
| Deferred charges and accrued income | 490/1 | €2,283 | €9,397 | +€7,115 | +312% |
| Total equity and liabilities | 10/49 | €85,294 | €81,665 | -€3,630 | -4.3% |
| Equity | 10/15 | €34,042 | €49,557 | +€15,515 | +45.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,042 | €44,557 | +€15,515 | +53.4% |
| Distributable reserves | 133 | €29,042 | €44,557 | +€15,515 | +53.4% |
| Amounts payable | 17/49 | €51,252 | €32,108 | -€19,144 | -37.4% |
| Amounts payable after more than one year | 17 | €14,576 | €4,365 | -€10,210 | -70.1% |
| Financial debts | 170/4 | €14,576 | €4,365 | -€10,210 | -70.1% |
| Amounts payable within one year | 42/48 | €36,676 | €27,742 | -€8,934 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €9,845 | €10,210 | +€365 | +3.7% |
| Trade debts | 44 | €5,745 | €1,567 | -€4,178 | -72.7% |
| Suppliers | 440/4 | €5,745 | €1,567 | -€4,178 | -72.7% |
| Taxes, remuneration and social security | 45 | €15,109 | €9,810 | -€5,299 | -35.1% |
| Taxes | 450/3 | €15,109 | €9,810 | -€5,299 | -35.1% |
| Other amounts payable | 47/48 | €5,976 | €6,155 | +€178 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,811 | €24,451 | +€9,640 | +65.1% |
| Other operating charges | 640/8 | €737 | €740 | +€3 | +0.4% |
| Gross operating margin | 9900 | €53,642 | €47,951 | -€5,691 | -10.6% |
| Operating profit (loss) | 9901 | €38,094 | €22,760 | -€15,334 | -40.3% |
| Financial income | 75/76B | €63 | €47 | -€16 | -25.2% |
| Recurring financial income | 75 | €63 | €47 | -€16 | -25.2% |
| Financial charges | 65/66B | €747 | €810 | +€63 | +8.4% |
| Recurring financial charges | 65 | €747 | €810 | +€63 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €37,410 | €21,997 | -€15,413 | -41.2% |
| Income taxes | 67/77 | €8,367 | €6,482 | -€1,885 | -22.5% |
| Profit (loss) for the period | 9904 | €29,042 | €15,515 | -€13,528 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,042 | €15,515 | -€13,528 | -46.6% |
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.