GREGORY GOEMAERE: 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.
GREGORY GOEMAERE
Largest movements
- Receivables within one year -€11,038
down €11,038 (-90.7%), from €12,167 to €1,129
of which Trade receivables: -€11,767
- Tangible fixed assets -€3,832
down €3,832 (-45.3%), from €8,464 to €4,631
of which Furniture and vehicles: -€3,597
- Cash -€744
down €744 (-24.2%), from €3,070 to €2,326
mainly Net result for the year (-€14,734) and Tax, wage and social debts (-€2,126)
- Deferred charges and accrued income +€409
new in 2025: €409
- Profit (loss) carried forward -€14,734
down €14,734, from €330 to -€14,404
- Trade debts +€3,003
up €3,003, from €0 to €3,003
- Tax, wage and social debts -€2,126
down €2,126 (-93.7%), from €2,268 to €142
of which Taxes: -€2,126
- Other debts -€1,349
down €1,349 (-6.4%), from €21,003 to €19,654
- Gross operating margin -€18,602
down €18,602, from €8,763 to -€9,839
- Taxes -€2,126
down €2,126 (-93.7%), from €2,268 to €142
- Other operating charges -€512
down €512 (-56.2%), from €912 to €400
- Depreciation -€371
down €371 (-8.8%), from €4,204 to €3,832
- Financial charges -€207
down €207 (-28.4%), from €727 to €520
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 | €23,701 | €8,495 | -€15,206 | -64.2% |
| Fixed assets | 21/28 | €8,464 | €4,631 | -€3,832 | -45.3% |
| Tangible fixed assets | 22/27 | €8,464 | €4,631 | -€3,832 | -45.3% |
| Furniture and vehicles | 24 | €8,229 | €4,631 | -€3,597 | -43.7% |
| Leasing and similar rights | 25 | €235 | €0 | -€235 | -100% |
| Current assets | 29/58 | €15,237 | €3,864 | -€11,373 | -74.6% |
| Amounts receivable within one year | 40/41 | €12,167 | €1,129 | -€11,038 | -90.7% |
| Trade receivables | 40 | €12,167 | €399 | -€11,767 | -96.7% |
| Other amounts receivable | 41 | - | €730 | +€730 | |
| Cash at bank and in hand | 54/58 | €3,070 | €2,326 | -€744 | -24.2% |
| Deferred charges and accrued income | 490/1 | - | €409 | +€409 | |
| Total equity and liabilities | 10/49 | €23,701 | €8,495 | -€15,206 | -64.2% |
| Equity | 10/15 | €430 | -€14,304 | -€14,734 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €330 | -€14,404 | -€14,734 | |
| Amounts payable | 17/49 | €23,271 | €22,799 | -€472 | -2.0% |
| Amounts payable within one year | 42/48 | €23,271 | €22,799 | -€472 | -2.0% |
| Trade debts | 44 | €0 | €3,003 | +€3,003 | |
| Suppliers | 440/4 | €0 | €3,003 | +€3,003 | |
| Taxes, remuneration and social security | 45 | €2,268 | €142 | -€2,126 | -93.7% |
| Taxes | 450/3 | €2,268 | €142 | -€2,126 | -93.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,003 | €19,654 | -€1,349 | -6.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,204 | €3,832 | -€371 | -8.8% |
| Other operating charges | 640/8 | €912 | €400 | -€512 | -56.2% |
| Gross operating margin | 9900 | €8,763 | -€9,839 | -€18,602 | |
| Operating profit (loss) | 9901 | €3,648 | -€14,071 | -€17,719 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €727 | €520 | -€207 | -28.4% |
| Recurring financial charges | 65 | €727 | €520 | -€207 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €2,920 | -€14,592 | -€17,512 | |
| Income taxes | 67/77 | €2,268 | €142 | -€2,126 | -93.7% |
| Profit (loss) for the period | 9904 | €652 | -€14,734 | -€15,386 | |
| Profit (loss) for the period to be appropriated | 9905 | €652 | -€14,734 | -€15,386 |
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 26 October 2026 via checked.be.