ÂGO-HO: 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.
ÂGO-HO
Largest movements
- Cash -€6,970
down €6,970 (-25.9%), from €26,956 to €19,986
mainly Current portion of long-term debt (-€10,000) and Deferred charges and accrued income (-€2,381)
- Deferred charges and accrued income +€2,381
new in 2025: €2,381
- Current portion of long-term debt -€10,000
no longer reported in 2025 (was €10,000)
- Profit (loss) carried forward +€7,167
up €7,167 (+193%), from €3,710 to €10,877
- Trade debts -€1,756
down €1,756 (-13.3%), from €13,246 to €11,490
- Gross operating margin -€933
down €933 (-11.3%), from €8,229 to €7,297
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 | €26,956 | €22,367 | -€4,589 | -17.0% |
| Current assets | 29/58 | €26,956 | €22,367 | -€4,589 | -17.0% |
| Cash at bank and in hand | 54/58 | €26,956 | €19,986 | -€6,970 | -25.9% |
| Deferred charges and accrued income | 490/1 | - | €2,381 | +€2,381 | |
| Total equity and liabilities | 10/49 | €26,956 | €22,367 | -€4,589 | -17.0% |
| Equity | 10/15 | €3,710 | €10,877 | +€7,167 | +193% |
| Profit (loss) carried forward | 14 | €3,710 | €10,877 | +€7,167 | +193% |
| Amounts payable | 17/49 | €23,246 | €11,490 | -€11,756 | -50.6% |
| Amounts payable within one year | 42/48 | €23,246 | €11,490 | -€11,756 | -50.6% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €13,246 | €11,490 | -€1,756 | -13.3% |
| Suppliers | 440/4 | €13,246 | €11,490 | -€1,756 | -13.3% |
| Non-recurring operating income | 76A | €1,984 | - | -€1,984 | |
| Other operating charges | 640/8 | €20 | €22 | +€2 | +9.0% |
| Non-recurring operating charges | 66A | €7 | - | -€7 | |
| Gross operating margin | 9900 | €8,229 | €7,297 | -€933 | -11.3% |
| Operating profit (loss) | 9901 | €8,202 | €7,275 | -€927 | -11.3% |
| Financial income | 75/76B | €14 | €13 | -€1 | -7.1% |
| Recurring financial income | 75 | €14 | €13 | -€1 | -7.1% |
| Financial charges | 65/66B | €119 | €121 | +€2 | +1.3% |
| Recurring financial charges | 65 | €119 | €121 | +€2 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €8,097 | €7,167 | -€930 | -11.5% |
| Profit (loss) for the period | 9904 | €8,097 | €7,167 | -€930 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,097 | €7,167 | -€930 | -11.5% |
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 18 October 2026 via checked.be.