Goeman Construction Team: 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.
Goeman Construction Team
Largest movements
- Tangible fixed assets +€112,313
up €112,313 (+23.9%), from €469,159 to €581,472
of which Assets under construction and advance payments: +€139,404
- Receivables within one year -€49,908
down €49,908 (-22.2%), from €224,753 to €174,845
of which Trade receivables: -€41,282
- Stocks and contracts +€11,455
up €11,455 (+8.7%), from €131,280 to €142,735
- Tax, wage and social debts +€63,781
up €63,781 (+102%), from €62,367 to €126,148
of which Remuneration and social security: +€64,525
- Debts after one year -€60,980
down €60,980 (-14.7%), from €414,303 to €353,323
- Short-term financial debts +€42,000
up €42,000 (+33.3%), from €126,000 to €168,000
- Trade debts +€35,776
up €35,776 (+23.5%), from €152,370 to €188,146
- Gross operating margin -€22,767
down €22,767 (-2.8%), from €802,490 to €779,722
- Staff costs -€20,458
down €20,458 (-2.8%), from €735,475 to €715,017
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 | €846,074 | €929,038 | +€82,964 | +9.8% |
| Fixed assets | 21/28 | €478,134 | €592,472 | +€114,338 | +23.9% |
| Tangible fixed assets | 22/27 | €469,159 | €581,472 | +€112,313 | +23.9% |
| Land and buildings | 22 | €261,250 | €251,250 | -€10,000 | -3.8% |
| Plant, machinery and equipment | 23 | €3,378 | €7,060 | +€3,682 | +109% |
| Furniture and vehicles | 24 | €70,565 | €49,792 | -€20,773 | -29.4% |
| Assets under construction and advance payments | 27 | €133,966 | €273,370 | +€139,404 | +104% |
| Financial fixed assets | 28 | €8,975 | €11,000 | +€2,025 | +22.6% |
| Current assets | 29/58 | €367,940 | €336,566 | -€31,374 | -8.5% |
| Stocks and contracts in progress | 3 | €131,280 | €142,735 | +€11,455 | +8.7% |
| Stocks | 30/36 | €131,280 | €142,735 | +€11,455 | +8.7% |
| Amounts receivable within one year | 40/41 | €224,753 | €174,845 | -€49,908 | -22.2% |
| Trade receivables | 40 | €174,457 | €133,175 | -€41,282 | -23.7% |
| Other amounts receivable | 41 | €50,295 | €41,670 | -€8,626 | -17.1% |
| Cash at bank and in hand | 54/58 | €11,907 | €18,986 | +€7,079 | +59.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €846,074 | €929,038 | +€82,964 | +9.8% |
| Equity | 10/15 | €37,655 | €37,716 | +€61 | +0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,700 | €1,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,700 | €1,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,700 | €1,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,755 | €29,816 | +€61 | +0.2% |
| Amounts payable | 17/49 | €808,419 | €891,322 | +€82,903 | +10.3% |
| Amounts payable after more than one year | 17 | €414,303 | €353,323 | -€60,980 | -14.7% |
| Financial debts | 170/4 | €414,303 | €353,323 | -€60,980 | -14.7% |
| Amounts payable within one year | 42/48 | €394,116 | €537,999 | +€143,883 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €53,379 | €55,705 | +€2,326 | +4.4% |
| Financial debts | 43 | €126,000 | €168,000 | +€42,000 | +33.3% |
| Credit institutions | 430/8 | €126,000 | €168,000 | +€42,000 | +33.3% |
| Trade debts | 44 | €152,370 | €188,146 | +€35,776 | +23.5% |
| Suppliers | 440/4 | €152,370 | €188,146 | +€35,776 | +23.5% |
| Taxes, remuneration and social security | 45 | €62,367 | €126,148 | +€63,781 | +102% |
| Taxes | 450/3 | €5,573 | €4,828 | -€744 | -13.4% |
| Remuneration and social security | 454/9 | €56,795 | €121,320 | +€64,525 | +114% |
| Remuneration, social security and pensions | 62 | €735,475 | €715,017 | -€20,458 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,768 | €32,034 | +€2,266 | +7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,580 | €4,033 | -€546 | -11.9% |
| Non-recurring operating charges | 66A | €2,500 | €2,610 | +€110 | +4.4% |
| Gross operating margin | 9900 | €802,490 | €779,722 | -€22,767 | -2.8% |
| Operating profit (loss) | 9901 | €30,167 | €26,027 | -€4,139 | -13.7% |
| Financial income | 75/76B | €1,444 | €2,810 | +€1,366 | +94.6% |
| Recurring financial income | 75 | €1,444 | €2,810 | +€1,366 | +94.6% |
| Financial charges | 65/66B | €34,266 | €27,420 | -€6,846 | -20.0% |
| Recurring financial charges | 65 | €30,742 | €27,420 | -€3,322 | -10.8% |
| Non-recurring financial charges | 66B | €3,524 | €0 | -€3,524 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€2,655 | €1,417 | +€4,072 | |
| Income taxes | 67/77 | €250 | €1,356 | +€1,106 | +442% |
| Profit (loss) for the period | 9904 | -€2,906 | €61 | +€2,966 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,906 | €61 | +€2,966 |
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 22 October 2026 via checked.be.