Goemaere Projects: 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 Projects
Largest movements
- Cash -€943,909
down €943,909 (-91.0%), from €1.0m to €93,819
mainly Current investments (-€600,000) and Other debts (-€317,164)
- Current investments +€600,000
new in 2025: €600,000
- Other debts -€317,164
down €317,164 (-78.0%), from €406,430 to €89,266
- Reserves -€20,912
down €20,912 (-3.5%), from €596,674 to €575,763
- Gross operating margin -€55,361
down €55,361 (-37.2%), from €148,902 to €93,541
- Taxes -€13,967
down €13,967 (-34.3%), from €40,720 to €26,753
- Financial charges -€2,984
down €2,984 (-22.7%), from €13,171 to €10,186
- Financial income -€2,286
down €2,286 (-8.8%), from €25,901 to €23,615
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 | €1,062,509 | €713,168 | -€349,341 | -32.9% |
| Fixed assets | 21/28 | €1,570 | €1,177 | -€393 | -25.0% |
| Tangible fixed assets | 22/27 | €1,570 | €1,177 | -€393 | -25.0% |
| Plant, machinery and equipment | 23 | €1,570 | €1,177 | -€393 | -25.0% |
| Current assets | 29/58 | €1,060,939 | €711,991 | -€348,948 | -32.9% |
| Amounts receivable within one year | 40/41 | €20,526 | €15,291 | -€5,235 | -25.5% |
| Trade receivables | 40 | €9,737 | - | -€9,737 | |
| Other amounts receivable | 41 | €10,789 | €15,291 | +€4,502 | +41.7% |
| Current investments | 50/53 | - | €600,000 | +€600,000 | |
| Cash at bank and in hand | 54/58 | €1,037,728 | €93,819 | -€943,909 | -91.0% |
| Deferred charges and accrued income | 490/1 | €2,685 | €2,880 | +€195 | +7.3% |
| Total equity and liabilities | 10/49 | €1,062,509 | €713,168 | -€349,341 | -32.9% |
| Equity | 10/15 | €616,674 | €595,763 | -€20,912 | -3.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €596,674 | €575,763 | -€20,912 | -3.5% |
| Distributable reserves | 133 | €596,674 | €575,763 | -€20,912 | -3.5% |
| Amounts payable | 17/49 | €445,835 | €117,405 | -€328,429 | -73.7% |
| Amounts payable within one year | 42/48 | €442,839 | €116,866 | -€325,973 | -73.6% |
| Trade debts | 44 | €36,409 | €27,600 | -€8,809 | -24.2% |
| Suppliers | 440/4 | €36,409 | €27,600 | -€8,809 | -24.2% |
| Other amounts payable | 47/48 | €406,430 | €89,266 | -€317,164 | -78.0% |
| Accrued charges and deferred income | 492/3 | €2,996 | €540 | -€2,456 | -82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €393 | €393 | = | 0.0% |
| Other operating charges | 640/8 | €880 | €734 | -€145 | -16.5% |
| Gross operating margin | 9900 | €148,902 | €93,541 | -€55,361 | -37.2% |
| Operating profit (loss) | 9901 | €147,629 | €92,413 | -€55,216 | -37.4% |
| Financial income | 75/76B | €25,901 | €23,615 | -€2,286 | -8.8% |
| Recurring financial income | 75 | €25,901 | €23,615 | -€2,286 | -8.8% |
| Financial charges | 65/66B | €13,171 | €10,186 | -€2,984 | -22.7% |
| Recurring financial charges | 65 | €13,171 | €10,186 | -€2,984 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €160,359 | €105,842 | -€54,517 | -34.0% |
| Income taxes | 67/77 | €40,720 | €26,753 | -€13,967 | -34.3% |
| Profit (loss) for the period | 9904 | €119,639 | €79,088 | -€40,550 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €119,639 | €79,088 | -€40,550 | -33.9% |
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 12 October 2026 via checked.be.