GOORMANS & ASSOCIATES: 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.
GOORMANS & ASSOCIATES
Largest movements
- Tangible fixed assets -€13,151
down €13,151 (-6.0%), from €220,809 to €207,658
of which Land and buildings: -€12,601
- Profit (loss) carried forward -€11,744
down €11,744 (-3.3%), from -€353,325 to -€365,069
- Other debts -€2,524
down €2,524 (-1.7%), from €152,461 to €149,937
- Depreciation -€3,182
down €3,182 (-19.5%), from €16,332 to €13,151
- Gross operating margin +€2,455
up €2,455 (+23.0%), from €10,670 to €13,125
- Other operating charges +€873
up €873 (+8.1%), from €10,772 to €11,645
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 | €224,966 | €210,698 | -€14,268 | -6.3% |
| Fixed assets | 21/28 | €220,809 | €207,658 | -€13,151 | -6.0% |
| Tangible fixed assets | 22/27 | €220,809 | €207,658 | -€13,151 | -6.0% |
| Land and buildings | 22 | €220,259 | €207,658 | -€12,601 | -5.7% |
| Plant, machinery and equipment | 23 | €550 | €0 | -€550 | -100% |
| Current assets | 29/58 | €4,157 | €3,040 | -€1,117 | -26.9% |
| Amounts receivable within one year | 40/41 | €246 | €246 | = | 0.0% |
| Other amounts receivable | 41 | €246 | €246 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,911 | €2,794 | -€1,117 | -28.6% |
| Total equity and liabilities | 10/49 | €224,966 | €210,698 | -€14,268 | -6.3% |
| Equity | 10/15 | €72,505 | €60,761 | -€11,744 | -16.2% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €25,830 | €25,830 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,962 | €24,962 | = | 0.0% |
| Legal reserve | 130 | €4,974 | €4,974 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,988 | €19,988 | = | 0.0% |
| Tax-exempt reserves | 132 | €868 | €868 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€353,325 | -€365,069 | -€11,744 | -3.3% |
| Amounts payable | 17/49 | €152,461 | €149,937 | -€2,524 | -1.7% |
| Amounts payable within one year | 42/48 | €152,461 | €149,937 | -€2,524 | -1.7% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €152,461 | €149,937 | -€2,524 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,332 | €13,151 | -€3,182 | -19.5% |
| Other operating charges | 640/8 | €10,772 | €11,645 | +€873 | +8.1% |
| Gross operating margin | 9900 | €10,670 | €13,125 | +€2,455 | +23.0% |
| Operating profit (loss) | 9901 | -€16,434 | -€11,670 | +€4,764 | +29.0% |
| Financial charges | 65/66B | €126 | €73 | -€53 | -41.9% |
| Recurring financial charges | 65 | €126 | €73 | -€53 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,560 | -€11,744 | +€4,817 | +29.1% |
| Profit (loss) for the period | 9904 | -€16,560 | -€11,744 | +€4,817 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,560 | -€11,744 | +€4,817 | +29.1% |
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 28 October 2026 via checked.be.