GOEMAERE & CO: 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 & CO
Largest movements
- Receivables within one year -€72,778
down €72,778 (-18.6%), from €391,940 to €319,162
of which Trade receivables: -€76,981
- Cash -€15,640
down €15,640 (-13.8%), from €113,334 to €97,694
mainly Trade debts (-€47,314) and Net result for the year (-€24,770)
- Trade debts -€47,314
down €47,314 (-15.7%), from €301,644 to €254,330
- Reserves -€24,770
down €24,770 (-4.8%), from €519,097 to €494,327
of which Distributable reserves: -€24,770
- Tax, wage and social debts -€12,684
down €12,684 (-54.3%), from €23,373 to €10,689
of which Taxes: -€12,684
- Gross operating margin -€37,591
down €37,591, from €8,696 to -€28,895
- Taxes -€5,560
down €5,560 (-100%), from €5,560 to €0
- Financial income +€4,414
up €4,414 (+32.8%), from €13,473 to €17,887
- Financial charges -€1,754
down €1,754 (-18.6%), from €9,415 to €7,661
- Staff costs +€498
up €498 (+78.5%), from €635 to €1,133
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 | €1,082,272 | €992,036 | -€90,235 | -8.3% |
| Fixed assets | 21/28 | €6,769 | €2,309 | -€4,460 | -65.9% |
| Tangible fixed assets | 22/27 | €6,769 | €2,309 | -€4,460 | -65.9% |
| Furniture and vehicles | 24 | €6,769 | €2,309 | -€4,460 | -65.9% |
| Current assets | 29/58 | €1,075,502 | €989,727 | -€85,775 | -8.0% |
| Stocks and contracts in progress | 3 | €88,912 | €85,768 | -€3,144 | -3.5% |
| Stocks | 30/36 | €88,912 | €85,768 | -€3,144 | -3.5% |
| Amounts receivable within one year | 40/41 | €391,940 | €319,162 | -€72,778 | -18.6% |
| Trade receivables | 40 | €391,940 | €314,959 | -€76,981 | -19.6% |
| Other amounts receivable | 41 | - | €4,203 | +€4,203 | |
| Current investments | 50/53 | €480,000 | €483,000 | +€3,000 | +0.6% |
| Cash at bank and in hand | 54/58 | €113,334 | €97,694 | -€15,640 | -13.8% |
| Deferred charges and accrued income | 490/1 | €1,316 | €4,103 | +€2,787 | +212% |
| Total equity and liabilities | 10/49 | €1,082,272 | €992,036 | -€90,235 | -8.3% |
| Equity | 10/15 | €643,097 | €618,327 | -€24,770 | -3.9% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €519,097 | €494,327 | -€24,770 | -4.8% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,883 | €8,883 | = | 0.0% |
| Distributable reserves | 133 | €497,814 | €473,044 | -€24,770 | -5.0% |
| Provisions and deferred taxes | 16 | €35,000 | €35,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €35,000 | €35,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable | 17/49 | €404,175 | €338,710 | -€65,465 | -16.2% |
| Amounts payable within one year | 42/48 | €397,217 | €337,158 | -€60,059 | -15.1% |
| Financial debts | 43 | €3,574 | €3,514 | -€60 | -1.7% |
| Credit institutions | 430/8 | €3,574 | €3,514 | -€60 | -1.7% |
| Trade debts | 44 | €301,644 | €254,330 | -€47,314 | -15.7% |
| Suppliers | 440/4 | €301,644 | €254,330 | -€47,314 | -15.7% |
| Taxes, remuneration and social security | 45 | €23,373 | €10,689 | -€12,684 | -54.3% |
| Taxes | 450/3 | €21,273 | €8,589 | -€12,684 | -59.6% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €68,625 | €68,625 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,958 | €1,552 | -€5,406 | -77.7% |
| Remuneration, social security and pensions | 62 | €635 | €1,133 | +€498 | +78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,460 | €4,460 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €698 | €508 | -€190 | -27.2% |
| Gross operating margin | 9900 | €8,696 | -€28,895 | -€37,591 | |
| Operating profit (loss) | 9901 | €2,903 | -€34,996 | -€37,899 | |
| Financial income | 75/76B | €13,473 | €17,887 | +€4,414 | +32.8% |
| Recurring financial income | 75 | €13,473 | €17,887 | +€4,414 | +32.8% |
| Financial charges | 65/66B | €9,415 | €7,661 | -€1,754 | -18.6% |
| Recurring financial charges | 65 | €9,415 | €7,661 | -€1,754 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €6,961 | -€24,770 | -€31,731 | |
| Income taxes | 67/77 | €5,560 | €0 | -€5,560 | -100% |
| Profit (loss) for the period | 9904 | €1,401 | -€24,770 | -€26,171 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,401 | -€24,770 | -€26,171 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.