GOEMICO: 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.
GOEMICO
Largest movements
- Receivables within one year +€96,856
up €96,856 (+821%), from €11,796 to €108,652
of which Trade receivables: +€108,652
- Reserves +€264,361
up €264,361 (+84.6%), from €312,360 to €576,721
- Profit (loss) carried forward -€125,239
no longer reported in 2025 (was €125,239)
- Debts after one year -€91,750
down €91,750 (-27.0%), from €340,000 to €248,250
- Tax, wage and social debts +€34,053
up €34,053 (+423%), from €8,041 to €42,094
of which Taxes: +€35,753
- Other debts +€25,357
up €25,357 (+9.9%), from €255,911 to €281,268
- Gross operating margin +€159,481
up €159,481 (+295%), from €54,111 to €213,592
- Financial income -€100,000
no longer reported in 2025 (was €100,000)
- Taxes +€48,286
up €48,286 (+265%), from €18,204 to €66,490
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 | €1,068,746 | €1,167,682 | +€98,936 | +9.3% |
| Fixed assets | 21/28 | €1,050,000 | €1,050,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,050,000 | €1,050,000 | = | 0.0% |
| Current assets | 29/58 | €18,746 | €117,682 | +€98,936 | +528% |
| Amounts receivable within one year | 40/41 | €11,796 | €108,652 | +€96,856 | +821% |
| Trade receivables | 40 | - | €108,652 | +€108,652 | |
| Other amounts receivable | 41 | €11,796 | - | -€11,796 | |
| Cash at bank and in hand | 54/58 | €6,950 | €9,029 | +€2,079 | +29.9% |
| Total equity and liabilities | 10/49 | €1,068,746 | €1,167,682 | +€98,936 | +9.3% |
| Equity | 10/15 | €456,199 | €595,321 | +€139,121 | +30.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €312,360 | €576,721 | +€264,361 | +84.6% |
| Distributable reserves | 133 | €312,360 | €576,721 | +€264,361 | +84.6% |
| Profit (loss) carried forward | 14 | €125,239 | - | -€125,239 | |
| Amounts payable | 17/49 | €612,547 | €572,361 | -€40,186 | -6.6% |
| Amounts payable after more than one year | 17 | €340,000 | €248,250 | -€91,750 | -27.0% |
| Other amounts payable | 178/9 | €340,000 | €248,250 | -€91,750 | -27.0% |
| Amounts payable within one year | 42/48 | €272,547 | €324,111 | +€51,564 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €4,802 | - | -€4,802 | |
| Trade debts | 44 | €3,793 | €749 | -€3,044 | -80.3% |
| Suppliers | 440/4 | €3,793 | €749 | -€3,044 | -80.3% |
| Taxes, remuneration and social security | 45 | €8,041 | €42,094 | +€34,053 | +423% |
| Taxes | 450/3 | €6,341 | €42,094 | +€35,753 | +564% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | €255,911 | €281,268 | +€25,357 | +9.9% |
| Other operating charges | 640/8 | €1,156 | €1,135 | -€21 | -1.8% |
| Gross operating margin | 9900 | €54,111 | €213,592 | +€159,481 | +295% |
| Operating profit (loss) | 9901 | €52,955 | €212,457 | +€159,502 | +301% |
| Financial income | 75/76B | €100,000 | - | -€100,000 | |
| Recurring financial income | 75 | €100,000 | - | -€100,000 | |
| Financial charges | 65/66B | €6,920 | €6,846 | -€74 | -1.1% |
| Recurring financial charges | 65 | €6,920 | €6,846 | -€74 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €146,035 | €205,611 | +€59,576 | +40.8% |
| Income taxes | 67/77 | €18,204 | €66,490 | +€48,286 | +265% |
| Profit (loss) for the period | 9904 | €127,831 | €139,121 | +€11,290 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €127,831 | €139,121 | +€11,290 | +8.8% |
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 24 October 2026 via checked.be.