GOESSAERT: 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.
What changed
GOESSAERT
NACE 47.730, Retail sale of pharmaceutical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€426,956
2024 · €426,146+€810
Equity
€759,114
2024 · €757,979+€1,135
Cash
€558,936
2024 · €593,557-€34,622
Balance sheet total
€2.0m
2024 · €2.1m-€117,163
Largest movements
Assets
- Receivables within one year -€74,592
down €74,592 (-18.6%), from €401,746 to €327,154
of which Trade receivables: -€65,292
- Current investments +€49,990
up €49,990 (+62.3%), from €80,232 to €130,222
- Tangible fixed assets -€49,959
down €49,959 (-12.1%), from €411,242 to €361,282
of which Land and buildings: -€48,230
- Cash -€34,622
down €34,622 (-5.8%), from €593,557 to €558,936
mainly Contributions, distributions and other (-€425,821) and Trade debts (-€76,845)
Equity and liabilities
- Trade debts -€76,845
down €76,845 (-19.9%), from €386,934 to €310,088
- Debts after one year -€61,894
down €61,894 (-17.6%), from €350,935 to €289,041
Income statement
- Gross operating margin +€22,458
up €22,458 (+2.8%), from €792,335 to €814,793
- Staff costs +€13,831
up €13,831 (+4.8%), from €287,612 to €301,443
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.
Result 2024
€426,146
Gross operating margin
+€22,458
Staff costs
-€13,831
Depreciation
-€1,495
Other operating charges
-€578
Financial income
-€653
Financial charges
-€4,792
Taxes
-€298
Result 2025
€426,956
raises the resultlowers the result
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.
From operations
+€513,538
Investment
-€66,016
Financing
-€482,145
Cash 2024
€593,557
From operations (derived)
+€513,538
Net result for the year
+€426,956
Depreciation
+€66,704
Stocks and contracts
+€3,626
Receivables within one year
+€74,592
Deferred charges and accrued income
+€3,635
Trade debts
-€76,845
Smaller working-capital items
+€1,681
Other debts
+€13,190
Investment (derived)
-€66,016
Investment in fixed assets (net)
-€16,026
Current investments
-€49,990
Financing
-€482,145
Debts after one year
-€61,894
Current portion of long-term debt
+€5,571
Contributions, distributions and other
-€425,821
Cash 2025
€558,936
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,136,294 | €2,019,131 | -€117,163 | -5.5% |
| Fixed assets | 21/28 | €418,170 | €367,491 | -€50,678 | -12.1% |
| Intangible fixed assets | 21 | €1,861 | €1,142 | -€719 | -38.6% |
| Tangible fixed assets | 22/27 | €411,242 | €361,282 | -€49,959 | -12.1% |
| Land and buildings | 22 | €368,053 | €319,822 | -€48,230 | -13.1% |
| Plant, machinery and equipment | 23 | €30,774 | €23,956 | -€6,818 | -22.2% |
| Furniture and vehicles | 24 | €12,416 | €17,504 | +€5,088 | +41.0% |
| Financial fixed assets | 28 | €5,067 | €5,067 | = | 0.0% |
| Current assets | 29/58 | €1,718,124 | €1,651,639 | -€66,485 | -3.9% |
| Stocks and contracts in progress | 3 | €604,661 | €601,034 | -€3,626 | -0.6% |
| Stocks | 30/36 | €604,661 | €601,034 | -€3,626 | -0.6% |
| Amounts receivable within one year | 40/41 | €401,746 | €327,154 | -€74,592 | -18.6% |
| Trade receivables | 40 | €390,312 | €325,020 | -€65,292 | -16.7% |
| Other amounts receivable | 41 | €11,434 | €2,134 | -€9,300 | -81.3% |
| Current investments | 50/53 | €80,232 | €130,222 | +€49,990 | +62.3% |
| Cash at bank and in hand | 54/58 | €593,557 | €558,936 | -€34,622 | -5.8% |
| Deferred charges and accrued income | 490/1 | €37,928 | €34,293 | -€3,635 | -9.6% |
| Total equity and liabilities | 10/49 | €2,136,294 | €2,019,131 | -€117,163 | -5.5% |
| Equity | 10/15 | €757,979 | €759,114 | +€1,135 | +0.1% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €695,479 | €696,614 | +€1,135 | +0.2% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,572 | €21,572 | = | 0.0% |
| Distributable reserves | 133 | €667,657 | €668,791 | +€1,135 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,378,315 | €1,260,017 | -€118,298 | -8.6% |
| Amounts payable after more than one year | 17 | €350,935 | €289,041 | -€61,894 | -17.6% |
| Financial debts | 170/4 | €350,935 | €289,041 | -€61,894 | -17.6% |
| Amounts payable within one year | 42/48 | €1,026,911 | €969,602 | -€57,309 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €60,891 | €66,461 | +€5,571 | +9.1% |
| Trade debts | 44 | €386,934 | €310,088 | -€76,845 | -19.9% |
| Suppliers | 440/4 | €386,934 | €310,088 | -€76,845 | -19.9% |
| Taxes, remuneration and social security | 45 | €49,888 | €50,664 | +€776 | +1.6% |
| Taxes | 450/3 | €437 | €2,770 | +€2,333 | +534% |
| Remuneration and social security | 454/9 | €49,451 | €47,894 | -€1,558 | -3.1% |
| Other amounts payable | 47/48 | €529,199 | €542,389 | +€13,190 | +2.5% |
| Accrued charges and deferred income | 492/3 | €469 | €1,374 | +€905 | +193% |
| Remuneration, social security and pensions | 62 | €287,612 | €301,443 | +€13,831 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,208 | €66,704 | +€1,495 | +2.3% |
| Other operating charges | 640/8 | €4,444 | €5,022 | +€578 | +13.0% |
| Gross operating margin | 9900 | €792,335 | €814,793 | +€22,458 | +2.8% |
| Operating profit (loss) | 9901 | €435,071 | €441,624 | +€6,554 | +1.5% |
| Financial income | 75/76B | €2,844 | €2,191 | -€653 | -23.0% |
| Recurring financial income | 75 | €2,844 | €2,191 | -€653 | -23.0% |
| Financial charges | 65/66B | €8,358 | €13,150 | +€4,792 | +57.3% |
| Recurring financial charges | 65 | €8,358 | €13,150 | +€4,792 | +57.3% |
| Profit (loss) for the period before taxes | 9903 | €429,557 | €430,665 | +€1,108 | +0.3% |
| Income taxes | 67/77 | €3,411 | €3,710 | +€298 | +8.7% |
| Profit (loss) for the period | 9904 | €426,146 | €426,956 | +€810 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €426,146 | €426,956 | +€810 | +0.2% |
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 30 October 2026 via checked.be.