GOMAN: 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.
GOMAN
Largest movements
- Receivables within one year +€86,216
up €86,216 (+26.8%), from €321,976 to €408,192
of which Trade receivables: +€87,323
- Cash -€53,173
down €53,173 (-52.9%), from €100,437 to €47,263
mainly Receivables within one year (-€86,216) and Investment in fixed assets (net) (-€1,331)
- Tangible fixed assets -€9,652
down €9,652 (-8.9%), from €108,480 to €98,828
of which Furniture and vehicles: -€10,623
- Other debts +€17,258
up €17,258 (+19.3%), from €89,293 to €106,551
- Gross operating margin +€3,343
up €3,343 (+19.3%), from €17,308 to €20,651
- Taxes +€930
up €930 (+34.7%), from €2,683 to €3,613
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 | €532,494 | €555,955 | +€23,461 | +4.4% |
| Fixed assets | 21/28 | €108,699 | €99,047 | -€9,652 | -8.9% |
| Tangible fixed assets | 22/27 | €108,480 | €98,828 | -€9,652 | -8.9% |
| Land and buildings | 22 | €38,424 | €38,424 | = | 0.0% |
| Plant, machinery and equipment | 23 | €52,359 | €53,329 | +€971 | +1.9% |
| Furniture and vehicles | 24 | €17,698 | €7,075 | -€10,623 | -60.0% |
| Financial fixed assets | 28 | €219 | €219 | = | 0.0% |
| Current assets | 29/58 | €423,795 | €456,908 | +€33,113 | +7.8% |
| Amounts receivable within one year | 40/41 | €321,976 | €408,192 | +€86,216 | +26.8% |
| Trade receivables | 40 | €316,566 | €403,889 | +€87,323 | +27.6% |
| Other amounts receivable | 41 | €5,410 | €4,303 | -€1,107 | -20.5% |
| Cash at bank and in hand | 54/58 | €100,437 | €47,263 | -€53,173 | -52.9% |
| Deferred charges and accrued income | 490/1 | €1,382 | €1,453 | +€70 | +5.1% |
| Total equity and liabilities | 10/49 | €532,494 | €555,955 | +€23,461 | +4.4% |
| Equity | 10/15 | €423,001 | €426,619 | +€3,618 | +0.9% |
| Contributions | 10/11 | €301,350 | €301,350 | = | 0.0% |
| Capital | 10 | €301,350 | €301,350 | = | 0.0% |
| Issued capital | 100 | €301,350 | €301,350 | = | 0.0% |
| Reserves | 13 | €107,959 | €111,577 | +€3,618 | +3.4% |
| Non-distributable reserves | 130/1 | €30,135 | €30,135 | = | 0.0% |
| Legal reserve | 130 | €30,135 | €30,135 | = | 0.0% |
| Distributable reserves | 133 | €77,824 | €81,442 | +€3,618 | +4.6% |
| Profit (loss) carried forward | 14 | €13,692 | €13,692 | = | 0.0% |
| Amounts payable | 17/49 | €109,493 | €129,336 | +€19,843 | +18.1% |
| Amounts payable within one year | 42/48 | €109,493 | €129,336 | +€19,843 | +18.1% |
| Trade debts | 44 | €17,517 | €19,172 | +€1,655 | +9.4% |
| Suppliers | 440/4 | €17,517 | €19,172 | +€1,655 | +9.4% |
| Taxes, remuneration and social security | 45 | €2,683 | €3,613 | +€930 | +34.7% |
| Taxes | 450/3 | €2,683 | €3,613 | +€930 | +34.7% |
| Other amounts payable | 47/48 | €89,293 | €106,551 | +€17,258 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,970 | €10,982 | +€12 | +0.1% |
| Other operating charges | 640/8 | €1,922 | €1,909 | -€13 | -0.7% |
| Gross operating margin | 9900 | €17,308 | €20,651 | +€3,343 | +19.3% |
| Operating profit (loss) | 9901 | €4,415 | €7,759 | +€3,344 | +75.7% |
| Financial charges | 65/66B | €371 | €529 | +€159 | +42.8% |
| Recurring financial charges | 65 | €371 | €529 | +€159 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €4,045 | €7,230 | +€3,185 | +78.8% |
| Income taxes | 67/77 | €2,683 | €3,613 | +€930 | +34.7% |
| Profit (loss) for the period | 9904 | €1,362 | €3,618 | +€2,256 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €1,362 | €3,618 | +€2,256 | +166% |
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 17 October 2026 via checked.be.