GOEMINNE: 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.
GOEMINNE
Largest movements
- Current investments +€126,000
up €126,000 (+50.4%), from €250,000 to €376,000
- Cash +€98,910
up €98,910 (+51.8%), from €190,900 to €289,810
mainly Net result for the year (+€177,153) and Trade debts (+€39,786)
- Tangible fixed assets -€57,180
down €57,180 (-21.6%), from €265,195 to €208,015
- Reserves +€177,153
up €177,153 (+32.4%), from €546,342 to €723,495
- Trade debts +€39,786
up €39,786 (+37.0%), from €107,486 to €147,271
- Debts after one year -€35,661
down €35,661 (-36.1%), from €98,667 to €63,005
- Gross operating margin +€80,360
up €80,360 (+20.0%), from €400,933 to €481,293
- Staff costs +€21,934
up €21,934 (+13.9%), from €157,511 to €179,446
- Taxes +€14,822
up €14,822 (+22.7%), from €65,228 to €80,050
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 | €912,378 | €1,087,680 | +€175,303 | +19.2% |
| Fixed assets | 21/28 | €265,573 | €208,393 | -€57,180 | -21.5% |
| Tangible fixed assets | 22/27 | €265,195 | €208,015 | -€57,180 | -21.6% |
| Land and buildings | 22 | €156,893 | €146,417 | -€10,476 | -6.7% |
| Plant, machinery and equipment | 23 | €83,031 | €61,598 | -€21,433 | -25.8% |
| Furniture and vehicles | 24 | €25,271 | - | -€25,271 | |
| Financial fixed assets | 28 | €378 | €378 | = | 0.0% |
| Current assets | 29/58 | €646,804 | €879,288 | +€232,483 | +35.9% |
| Stocks and contracts in progress | 3 | €3,133 | €2,931 | -€202 | -6.4% |
| Stocks | 30/36 | €3,133 | €2,931 | -€202 | -6.4% |
| Amounts receivable within one year | 40/41 | €196,606 | €198,511 | +€1,905 | +1.0% |
| Trade receivables | 40 | €193,019 | €196,779 | +€3,760 | +1.9% |
| Other amounts receivable | 41 | €3,587 | €1,733 | -€1,855 | -51.7% |
| Current investments | 50/53 | €250,000 | €376,000 | +€126,000 | +50.4% |
| Cash at bank and in hand | 54/58 | €190,900 | €289,810 | +€98,910 | +51.8% |
| Deferred charges and accrued income | 490/1 | €6,165 | €12,035 | +€5,870 | +95.2% |
| Total equity and liabilities | 10/49 | €912,378 | €1,087,680 | +€175,303 | +19.2% |
| Equity | 10/15 | €564,942 | €742,095 | +€177,153 | +31.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €546,342 | €723,495 | +€177,153 | +32.4% |
| Distributable reserves | 133 | €546,342 | €723,495 | +€177,153 | +32.4% |
| Amounts payable | 17/49 | €347,435 | €345,586 | -€1,850 | -0.5% |
| Amounts payable after more than one year | 17 | €98,667 | €63,005 | -€35,661 | -36.1% |
| Financial debts | 170/4 | €98,667 | €63,005 | -€35,661 | -36.1% |
| Amounts payable within one year | 42/48 | €248,769 | €282,580 | +€33,812 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €38,799 | €31,777 | -€7,023 | -18.1% |
| Trade debts | 44 | €107,486 | €147,271 | +€39,786 | +37.0% |
| Suppliers | 440/4 | €107,486 | €147,271 | +€39,786 | +37.0% |
| Taxes, remuneration and social security | 45 | €78,115 | €79,968 | +€1,854 | +2.4% |
| Taxes | 450/3 | €53,684 | €51,639 | -€2,044 | -3.8% |
| Remuneration and social security | 454/9 | €24,431 | €28,329 | +€3,898 | +16.0% |
| Other amounts payable | 47/48 | €24,369 | €23,564 | -€805 | -3.3% |
| Remuneration, social security and pensions | 62 | €157,511 | €179,446 | +€21,934 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,906 | €31,910 | +€3 | 0.0% |
| Other operating charges | 640/8 | €3,476 | €4,162 | +€686 | +19.7% |
| Non-recurring operating charges | 66A | - | €3,918 | +€3,918 | |
| Gross operating margin | 9900 | €400,933 | €481,293 | +€80,360 | +20.0% |
| Operating profit (loss) | 9901 | €208,040 | €261,858 | +€53,818 | +25.9% |
| Financial income | 75/76B | €3,049 | €3,409 | +€360 | +11.8% |
| Recurring financial income | 75 | €3,049 | €3,409 | +€360 | +11.8% |
| Financial charges | 65/66B | €7,457 | €8,064 | +€608 | +8.1% |
| Recurring financial charges | 65 | €7,457 | €8,064 | +€608 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €203,632 | €257,203 | +€53,571 | +26.3% |
| Income taxes | 67/77 | €65,228 | €80,050 | +€14,822 | +22.7% |
| Profit (loss) for the period | 9904 | €138,403 | €177,153 | +€38,749 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €138,403 | €177,153 | +€38,749 | +28.0% |
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 31 October 2026 via checked.be.