Goemans & Partners: 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.
Goemans & Partners
Largest movements
- Receivables within one year -€21,849
down €21,849 (-29.4%), from €74,420 to €52,571
of which Trade receivables: -€15,385
- Deferred charges and accrued income -€20,925
down €20,925 (-83.5%), from €25,058 to €4,133
- Tangible fixed assets -€20,828
down €20,828 (-67.4%), from €30,891 to €10,063
of which Leasing and similar rights: -€14,083
- Reserves -€70,283
down €70,283 (-11.4%), from €613,840 to €543,557
- Tax, wage and social debts +€9,158
up €9,158 (+309%), from €2,961 to €12,118
of which Taxes: +€9,158
- Gross operating margin +€80,874
up €80,874 (+261%), from €31,017 to €111,891
- Taxes +€24,212
up €24,212 (+600%), from €4,035 to €28,247
- Write-downs +€12,812
up €12,812 (+81.2%), from -€15,785 to -€2,973
- Other operating charges -€10,439
down €10,439 (-63.6%), from €16,401 to €5,963
- Financial income +€2,166
up €2,166 (+131%), from €1,659 to €3,826
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 | €655,013 | €591,069 | -€63,945 | -9.8% |
| Fixed assets | 21/28 | €30,891 | €10,063 | -€20,828 | -67.4% |
| Tangible fixed assets | 22/27 | €30,891 | €10,063 | -€20,828 | -67.4% |
| Land and buildings | 22 | €15,630 | €6,742 | -€8,888 | -56.9% |
| Furniture and vehicles | 24 | €1,177 | €3,321 | +€2,144 | +182% |
| Leasing and similar rights | 25 | €14,083 | - | -€14,083 | |
| Current assets | 29/58 | €624,123 | €581,006 | -€43,117 | -6.9% |
| Amounts receivable within one year | 40/41 | €74,420 | €52,571 | -€21,849 | -29.4% |
| Trade receivables | 40 | €66,918 | €51,533 | -€15,385 | -23.0% |
| Other amounts receivable | 41 | €7,501 | €1,038 | -€6,464 | -86.2% |
| Current investments | 50/53 | €300,887 | €302,908 | +€2,021 | +0.7% |
| Cash at bank and in hand | 54/58 | €223,759 | €221,395 | -€2,364 | -1.1% |
| Deferred charges and accrued income | 490/1 | €25,058 | €4,133 | -€20,925 | -83.5% |
| Total equity and liabilities | 10/49 | €655,013 | €591,069 | -€63,945 | -9.8% |
| Equity | 10/15 | €632,390 | €562,107 | -€70,283 | -11.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €613,840 | €543,557 | -€70,283 | -11.4% |
| Distributable reserves | 133 | €613,840 | €543,557 | -€70,283 | -11.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €22,623 | €28,961 | +€6,338 | +28.0% |
| Amounts payable after more than one year | 17 | €6,036 | - | -€6,036 | |
| Financial debts | 170/4 | €6,036 | - | -€6,036 | |
| Amounts payable within one year | 42/48 | €16,587 | €28,486 | +€11,899 | +71.7% |
| Current portion of amounts payable after more than one year | 42 | €7,228 | €6,592 | -€636 | -8.8% |
| Trade debts | 44 | €2,866 | €4,353 | +€1,487 | +51.9% |
| Suppliers | 440/4 | €2,866 | €4,353 | +€1,487 | +51.9% |
| Advances received on contracts in progress | 46 | €2,000 | €2,810 | +€810 | +40.5% |
| Taxes, remuneration and social security | 45 | €2,961 | €12,118 | +€9,158 | +309% |
| Taxes | 450/3 | €2,961 | €12,118 | +€9,158 | +309% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,533 | €2,613 | +€1,080 | +70.5% |
| Accrued charges and deferred income | 492/3 | €0 | €475 | +€475 | |
| Non-recurring operating income | 76A | €565 | - | -€565 | |
| Remuneration, social security and pensions | 62 | €892 | - | -€892 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,642 | €21,186 | -€456 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€15,785 | -€2,973 | +€12,812 | +81.2% |
| Other operating charges | 640/8 | €16,401 | €5,963 | -€10,439 | -63.6% |
| Non-recurring operating charges | 66A | - | €3,411 | +€3,411 | |
| Gross operating margin | 9900 | €31,017 | €111,891 | +€80,874 | +261% |
| Operating profit (loss) | 9901 | €7,867 | €84,304 | +€76,437 | +972% |
| Financial income | 75/76B | €1,659 | €3,826 | +€2,166 | +131% |
| Recurring financial income | 75 | €1,659 | €3,826 | +€2,166 | +131% |
| Financial charges | 65/66B | €2,051 | €1,166 | -€885 | -43.1% |
| Recurring financial charges | 65 | €2,051 | €1,166 | -€885 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €7,475 | €86,964 | +€79,488 | +1,063% |
| Income taxes | 67/77 | €4,035 | €28,247 | +€24,212 | +600% |
| Profit (loss) for the period | 9904 | €3,441 | €58,717 | +€55,276 | +1,606% |
| Profit (loss) for the period to be appropriated | 9905 | €3,441 | €58,717 | +€55,276 | +1,606% |
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 23 October 2026 via checked.be.