GROEP GEMOCO: 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.
GROEP GEMOCO
Largest movements
- Receivables within one year -€281,003
down €281,003 (-79.4%), from €353,752 to €72,749
of which Trade receivables: -€227,933
- Financial fixed assets +€100,000
up €100,000 (+2.0%), from €5.0m to €5.1m
- Debts after one year -€130,209
down €130,209 (-4.1%), from €3.2m to €3.0m
of which Other amounts payable: -€118,900
- Taxes +€5,692
up €5,692 (+83.9%), from €6,781 to €12,473
- Depreciation +€3,531
up €3,531 (+24.0%), from €14,700 to €18,231
- Financial charges -€1,359
down €1,359 (-31.6%), from €4,304 to €2,945
- Gross operating margin +€1,351
up €1,351 (+3.4%), from €40,098 to €41,448
- Other operating charges +€426
up €426 (+13.2%), from €3,219 to €3,645
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.
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 | €5,465,053 | €5,317,547 | -€147,506 | -2.7% |
| Fixed assets | 21/28 | €5,091,646 | €5,173,416 | +€81,769 | +1.6% |
| Tangible fixed assets | 22/27 | €48,371 | €30,140 | -€18,231 | -37.7% |
| Furniture and vehicles | 24 | €7,062 | - | -€7,062 | |
| Leasing and similar rights | 25 | €41,309 | €30,140 | -€11,169 | -27.0% |
| Financial fixed assets | 28 | €5,043,276 | €5,143,276 | +€100,000 | +2.0% |
| Current assets | 29/58 | €373,407 | €144,131 | -€229,275 | -61.4% |
| Amounts receivable within one year | 40/41 | €353,752 | €72,749 | -€281,003 | -79.4% |
| Trade receivables | 40 | €300,533 | €72,600 | -€227,933 | -75.8% |
| Other amounts receivable | 41 | €53,219 | €149 | -€53,070 | -99.7% |
| Cash at bank and in hand | 54/58 | €19,654 | €47,382 | +€27,728 | +141.1% |
| Deferred charges and accrued income | 490/1 | €1 | €24,000 | +€23,999 | +3333233.3% |
| Total equity and liabilities | 10/49 | €5,465,053 | €5,317,547 | -€147,506 | -2.7% |
| Equity | 10/15 | €2,228,047 | €2,232,202 | +€4,155 | +0.2% |
| Contributions | 10/11 | €1,522,650 | €1,522,650 | = | 0.0% |
| Reserves | 13 | €102,478 | €102,478 | = | 0.0% |
| Distributable reserves | 133 | €102,478 | €102,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | €602,919 | €607,074 | +€4,155 | +0.7% |
| Amounts payable | 17/49 | €3,237,006 | €3,085,344 | -€151,661 | -4.7% |
| Amounts payable after more than one year | 17 | €3,175,823 | €3,045,614 | -€130,209 | -4.1% |
| Financial debts | 170/4 | €31,271 | €19,962 | -€11,309 | -36.2% |
| Other amounts payable | 178/9 | €3,144,552 | €3,025,652 | -€118,900 | -3.8% |
| Amounts payable within one year | 42/48 | €61,161 | €39,731 | -€21,430 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €31,114 | €21,409 | -€9,705 | -31.2% |
| Trade debts | 44 | €23,815 | €11,847 | -€11,968 | -50.3% |
| Suppliers | 440/4 | €23,815 | €11,847 | -€11,968 | -50.3% |
| Taxes, remuneration and social security | 45 | €6,232 | €6,475 | +€243 | +3.9% |
| Taxes | 450/3 | €6,232 | €6,475 | +€243 | +3.9% |
| Accrued charges and deferred income | 492/3 | €23 | - | -€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,700 | €18,231 | +€3,531 | +24.0% |
| Other operating charges | 640/8 | €3,219 | €3,645 | +€426 | +13.2% |
| Gross operating margin | 9900 | €40,098 | €41,448 | +€1,351 | +3.4% |
| Operating profit (loss) | 9901 | €22,180 | €19,573 | -€2,607 | -11.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -77.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -77.2% |
| Financial charges | 65/66B | €4,304 | €2,945 | -€1,359 | -31.6% |
| Recurring financial charges | 65 | €4,304 | €2,945 | -€1,359 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €17,877 | €16,628 | -€1,249 | -7.0% |
| Income taxes | 67/77 | €6,781 | €12,473 | +€5,692 | +83.9% |
| Profit (loss) for the period | 9904 | €11,096 | €4,155 | -€6,941 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,096 | €4,155 | -€6,941 | -62.6% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.