Gomad: what changed
Two fiscal 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.
Gomad
Largest movements
- Intangible fixed assets -€135,510
down €135,510 (-50.9%), from €266,243 to €130,733
- Cash +€90,613
up €90,613 (+75.3%), from €120,406 to €211,019
mainly Depreciation (+€96,711) and Net result for the year (+€82,461)
- Stocks and contracts -€22,000
down €22,000 (-16.9%), from €130,438 to €108,438
- Receivables within one year +€17,199
up €17,199 (+2.1%), from €825,544 to €842,743
of which Trade receivables: +€42,417
- Reserves +€82,461
up €82,461 (+69.0%), from €119,437 to €201,898
- Tax, wage and social debts +€81,876
up €81,876 (+19.2%), from €425,357 to €507,233
of which Taxes: +€88,827
- Debts after one year -€70,310
down €70,310 (-24.0%), from €293,410 to €223,100
- Provisions -€50,000
no longer reported in 2025 (was €50,000)
- Other debts -€30,000
down €30,000 (-60.0%), from €50,000 to €20,000
- Write-downs +€149,743
new in 2025: €149,743
- Gross operating margin +€149,628
up €149,628 (+12.4%), from €1.2m to €1.4m
- Staff costs -€104,895
down €104,895 (-11.5%), from €910,048 to €805,152
- Provisions -€100,000
down €100,000, from €50,000 to -€50,000
- Financial charges +€52,113
up €52,113 (+171.8%), from €30,327 to €82,440
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.
Cash bridge derived
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 | €1,707,188 | €1,663,987 | -€43,201 | -2.5% |
| Fixed assets | 21/28 | €569,655 | €435,557 | -€134,098 | -23.5% |
| Intangible fixed assets | 21 | €266,243 | €130,733 | -€135,510 | -50.9% |
| Tangible fixed assets | 22/27 | €266,412 | €267,824 | +€1,412 | +0.5% |
| Plant, machinery and equipment | 23 | €203,766 | €191,892 | -€11,874 | -5.8% |
| Furniture and vehicles | 24 | €11,361 | €34,168 | +€22,807 | +200.7% |
| Other tangible fixed assets | 26 | €51,285 | €41,764 | -€9,521 | -18.6% |
| Financial fixed assets | 28 | €37,000 | €37,000 | = | 0.0% |
| Current assets | 29/58 | €1,137,533 | €1,228,430 | +€90,897 | +8.0% |
| Stocks and contracts in progress | 3 | €130,438 | €108,438 | -€22,000 | -16.9% |
| Stocks | 30/36 | €130,438 | €108,438 | -€22,000 | -16.9% |
| Amounts receivable within one year | 40/41 | €825,544 | €842,743 | +€17,199 | +2.1% |
| Trade receivables | 40 | €778,806 | €821,223 | +€42,417 | +5.4% |
| Other amounts receivable | 41 | €46,738 | €21,520 | -€25,218 | -54.0% |
| Current investments | 50/53 | €60,000 | €60,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €120,406 | €211,019 | +€90,613 | +75.3% |
| Deferred charges and accrued income | 490/1 | €1,145 | €6,230 | +€5,085 | +444.2% |
| Total equity and liabilities | 10/49 | €1,707,188 | €1,663,987 | -€43,201 | -2.5% |
| Equity | 10/15 | €269,437 | €351,898 | +€82,461 | +30.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €119,437 | €201,898 | +€82,461 | +69.0% |
| Distributable reserves | 133 | €119,437 | €201,898 | +€82,461 | +69.0% |
| Provisions and deferred taxes | 16 | €50,000 | - | -€50,000 | |
| Provisions for liabilities and charges | 160/5 | €50,000 | - | -€50,000 | |
| Other liabilities and charges | 164/5 | €50,000 | - | -€50,000 | |
| Amounts payable | 17/49 | €1,387,751 | €1,312,090 | -€75,662 | -5.5% |
| Amounts payable after more than one year | 17 | €293,410 | €223,100 | -€70,310 | -24.0% |
| Financial debts | 170/4 | €293,410 | €223,100 | -€70,310 | -24.0% |
| Amounts payable within one year | 42/48 | €1,069,341 | €1,088,990 | +€19,648 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €120,051 | €111,304 | -€8,747 | -7.3% |
| Financial debts | 43 | €15,555 | - | -€15,555 | |
| Credit institutions | 430/8 | €15,555 | - | -€15,555 | |
| Trade debts | 44 | €458,379 | €450,453 | -€7,926 | -1.7% |
| Suppliers | 440/4 | €458,379 | €450,453 | -€7,926 | -1.7% |
| Taxes, remuneration and social security | 45 | €425,357 | €507,233 | +€81,876 | +19.2% |
| Taxes | 450/3 | €183,221 | €272,048 | +€88,827 | +48.5% |
| Remuneration and social security | 454/9 | €242,136 | €235,185 | -€6,950 | -2.9% |
| Other amounts payable | 47/48 | €50,000 | €20,000 | -€30,000 | -60.0% |
| Accrued charges and deferred income | 492/3 | €25,000 | - | -€25,000 | |
| Remuneration, social security and pensions | 62 | €910,048 | €805,152 | -€104,895 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,668 | €96,711 | -€4,957 | -4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €149,743 | +€149,743 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €50,000 | -€50,000 | -€100,000 | |
| Other operating charges | 640/8 | €50,328 | €60,872 | +€10,544 | +21.0% |
| Non-recurring operating charges | 66A | - | €100,000 | +€100,000 | |
| Gross operating margin | 9900 | €1,208,738 | €1,358,366 | +€149,628 | +12.4% |
| Operating profit (loss) | 9901 | €96,694 | €195,888 | +€99,193 | +102.6% |
| Financial income | 75/76B | €1,019 | €1,542 | +€523 | +51.3% |
| Recurring financial income | 75 | €1,019 | €1,542 | +€523 | +51.3% |
| Financial charges | 65/66B | €30,327 | €82,440 | +€52,113 | +171.8% |
| Recurring financial charges | 65 | €30,327 | €82,440 | +€52,113 | +171.8% |
| Profit (loss) for the period before taxes | 9903 | €67,386 | €114,989 | +€47,603 | +70.6% |
| Income taxes | 67/77 | €25,565 | €32,528 | +€6,963 | +27.2% |
| Profit (loss) for the period | 9904 | €41,821 | €82,461 | +€40,640 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,821 | €82,461 | +€40,640 | +97.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.