G.O PROD: 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.
G.O PROD
Largest movements
- Cash -€3,172
down €3,172 (-12.4%), from €25,582 to €22,411
mainly Net result for the year (-€3,842) and Receivables within one year (-€101)
- Profit (loss) carried forward -€3,842
down €3,842 (-56.2%), from €6,835 to €2,992
- Trade debts +€772
up €772 (+222%), from €347 to €1,119
- Depreciation -€1,001
no longer reported in 2025 (was €1,001)
- Gross operating margin -€36
down €36 (-1.2%), from -€2,990 to -€3,026
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 | €25,782 | €22,711 | -€3,070 | -11.9% |
| Current assets | 29/58 | €25,782 | €22,711 | -€3,070 | -11.9% |
| Amounts receivable within one year | 40/41 | €199 | €301 | +€101 | +50.8% |
| Other amounts receivable | 41 | €199 | €301 | +€101 | +50.8% |
| Cash at bank and in hand | 54/58 | €25,582 | €22,411 | -€3,172 | -12.4% |
| Total equity and liabilities | 10/49 | €25,782 | €22,711 | -€3,070 | -11.9% |
| Equity | 10/15 | €25,435 | €21,592 | -€3,842 | -15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,835 | €2,992 | -€3,842 | -56.2% |
| Amounts payable | 17/49 | €347 | €1,119 | +€772 | +222% |
| Amounts payable within one year | 42/48 | €347 | €1,119 | +€772 | +222% |
| Trade debts | 44 | €347 | €1,119 | +€772 | +222% |
| Suppliers | 440/4 | €347 | €1,119 | +€772 | +222% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,001 | - | -€1,001 | |
| Other operating charges | 640/8 | €397 | €400 | +€3 | +0.7% |
| Gross operating margin | 9900 | -€2,990 | -€3,026 | -€36 | -1.2% |
| Operating profit (loss) | 9901 | -€4,388 | -€3,426 | +€962 | +21.9% |
| Financial charges | 65/66B | €396 | €417 | +€21 | +5.3% |
| Recurring financial charges | 65 | €396 | €417 | +€21 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,784 | -€3,842 | +€942 | +19.7% |
| Profit (loss) for the period | 9904 | -€4,784 | -€3,842 | +€942 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,784 | -€3,842 | +€942 | +19.7% |
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 14 October 2026 via checked.be.