GOMAG GROUP: 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.
GOMAG GROUP
Largest movements
- Stocks and contracts -€51,584
down €51,584 (-75.5%), from €68,316 to €16,732
- Receivables within one year +€46,111
up €46,111 (+21.9%), from €210,777 to €256,888
of which Trade receivables: +€44,206
- Cash -€15,981
down €15,981 (-68.9%), from €23,205 to €7,224
mainly Receivables within one year (-€46,111) and Net result for the year (-€18,410)
- Profit (loss) carried forward -€18,410
down €18,410 (-10.8%), from €169,983 to €151,573
- Trade debts -€15,062
down €15,062 (-40.0%), from €37,615 to €22,553
- Other debts +€10,916
up €10,916 (+80.5%), from €13,556 to €24,472
- Tax, wage and social debts +€4,123
up €4,123 (+18.4%), from €22,359 to €26,482
- Gross operating margin -€111,899
down €111,899, from €111,023 to -€876
- Taxes -€23,097
down €23,097 (-85.1%), from €27,137 to €4,040
- Other operating charges +€3,795
up €3,795 (+433.4%), from €876 to €4,671
- Financial charges +€1,683
up €1,683 (+54.1%), from €3,111 to €4,794
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €313,437 | €293,204 | -€20,234 | -6.5% |
| Fixed assets | 21/28 | €11,140 | €12,360 | +€1,220 | +11.0% |
| Tangible fixed assets | 22/27 | €11,140 | €12,360 | +€1,220 | +11.0% |
| Plant, machinery and equipment | 23 | €4,744 | €4,137 | -€608 | -12.8% |
| Furniture and vehicles | 24 | €6,395 | €8,223 | +€1,828 | +28.6% |
| Current assets | 29/58 | €302,297 | €280,844 | -€21,454 | -7.1% |
| Stocks and contracts in progress | 3 | €68,316 | €16,732 | -€51,584 | -75.5% |
| Stocks | 30/36 | €68,316 | €16,732 | -€51,584 | -75.5% |
| Amounts receivable within one year | 40/41 | €210,777 | €256,888 | +€46,111 | +21.9% |
| Trade receivables | 40 | €200,186 | €244,393 | +€44,206 | +22.1% |
| Other amounts receivable | 41 | €10,590 | €12,496 | +€1,905 | +18.0% |
| Cash at bank and in hand | 54/58 | €23,205 | €7,224 | -€15,981 | -68.9% |
| Total equity and liabilities | 10/49 | €313,437 | €293,204 | -€20,234 | -6.5% |
| Equity | 10/15 | €178,038 | €159,628 | -€18,410 | -10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | €169,983 | €151,573 | -€18,410 | -10.8% |
| Amounts payable | 17/49 | €135,399 | €133,576 | -€1,824 | -1.3% |
| Amounts payable after more than one year | 17 | €1,801 | - | -€1,801 | |
| Other amounts payable | 178/9 | €1,801 | - | -€1,801 | |
| Amounts payable within one year | 42/48 | €133,599 | €133,576 | -€23 | 0.0% |
| Financial debts | 43 | €60,000 | €60,000 | = | 0.0% |
| Credit institutions | 430/8 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | €37,615 | €22,553 | -€15,062 | -40.0% |
| Suppliers | 440/4 | €37,615 | €22,553 | -€15,062 | -40.0% |
| Advances received on contracts in progress | 46 | €68 | €68 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €22,359 | €26,482 | +€4,123 | +18.4% |
| Taxes | 450/3 | €22,359 | €26,482 | +€4,123 | +18.4% |
| Other amounts payable | 47/48 | €13,556 | €24,472 | +€10,916 | +80.5% |
| Non-recurring operating income | 76A | €54 | - | -€54 | |
| Remuneration, social security and pensions | 62 | -€141 | - | +€141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,474 | €4,029 | -€446 | -10.0% |
| Other operating charges | 640/8 | €876 | €4,671 | +€3,795 | +433.4% |
| Non-recurring operating charges | 66A | €264 | - | -€264 | |
| Gross operating margin | 9900 | €111,023 | -€876 | -€111,899 | |
| Operating profit (loss) | 9901 | €105,549 | -€9,576 | -€115,125 | |
| Financial charges | 65/66B | €3,111 | €4,794 | +€1,683 | +54.1% |
| Recurring financial charges | 65 | €3,111 | €4,794 | +€1,683 | +54.1% |
| Profit (loss) for the period before taxes | 9903 | €102,439 | -€14,370 | -€116,809 | |
| Income taxes | 67/77 | €27,137 | €4,040 | -€23,097 | -85.1% |
| Profit (loss) for the period | 9904 | €75,302 | -€18,410 | -€93,711 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,302 | -€18,410 | -€93,711 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.