GO 4 ADMIN AND CONSULT: 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.
GO 4 ADMIN AND CONSULT
Largest movements
- Receivables within one year +€23,094
up €23,094 (+30.5%), from €75,642 to €98,736
of which Trade receivables: +€18,155
- Cash -€9,056
down €9,056 (-23.5%), from €38,576 to €29,520
mainly Contributions, distributions and other (-€35,000) and Receivables within one year (-€23,094)
- Tangible fixed assets +€1,557
up €1,557 (+35.4%), from €4,401 to €5,958
- Profit (loss) carried forward +€9,325
up €9,325 (+22.1%), from €42,128 to €51,453
- Tax, wage and social debts +€4,495
up €4,495 (+163%), from €2,763 to €7,257
- Trade debts +€1,939
up €1,939 (+80.4%), from €2,411 to €4,350
- Gross operating margin +€7,439
up €7,439 (+13.4%), from €55,510 to €62,948
- Taxes +€2,889
up €2,889 (+21.2%), from €13,646 to €16,535
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 | €120,664 | €136,013 | +€15,349 | +12.7% |
| Fixed assets | 21/28 | €4,401 | €5,958 | +€1,557 | +35.4% |
| Tangible fixed assets | 22/27 | €4,401 | €5,958 | +€1,557 | +35.4% |
| Furniture and vehicles | 24 | €4,401 | €5,958 | +€1,557 | +35.4% |
| Current assets | 29/58 | €116,263 | €130,055 | +€13,792 | +11.9% |
| Amounts receivable within one year | 40/41 | €75,642 | €98,736 | +€23,094 | +30.5% |
| Trade receivables | 40 | €10,179 | €28,334 | +€18,155 | +178% |
| Other amounts receivable | 41 | €65,464 | €70,402 | +€4,939 | +7.5% |
| Cash at bank and in hand | 54/58 | €38,576 | €29,520 | -€9,056 | -23.5% |
| Deferred charges and accrued income | 490/1 | €2,045 | €1,799 | -€246 | -12.0% |
| Total equity and liabilities | 10/49 | €120,664 | €136,013 | +€15,349 | +12.7% |
| Equity | 10/15 | €103,628 | €112,953 | +€9,325 | +9.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,128 | €51,453 | +€9,325 | +22.1% |
| Amounts payable | 17/49 | €17,036 | €23,060 | +€6,024 | +35.4% |
| Amounts payable within one year | 42/48 | €17,036 | €23,060 | +€6,024 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €11,436 | €11,452 | +€16 | +0.1% |
| Trade debts | 44 | €2,411 | €4,350 | +€1,939 | +80.4% |
| Suppliers | 440/4 | €2,411 | €4,350 | +€1,939 | +80.4% |
| Advances received on contracts in progress | 46 | €426 | €0 | -€426 | -100% |
| Taxes, remuneration and social security | 45 | €2,763 | €7,257 | +€4,495 | +163% |
| Taxes | 450/3 | €2,763 | €7,257 | +€4,495 | +163% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,184 | €1,404 | +€219 | +18.5% |
| Other operating charges | 640/8 | €387 | €762 | +€374 | +96.7% |
| Gross operating margin | 9900 | €55,510 | €62,948 | +€7,439 | +13.4% |
| Operating profit (loss) | 9901 | €53,938 | €60,783 | +€6,845 | +12.7% |
| Financial income | 75/76B | €491 | €690 | +€199 | +40.5% |
| Recurring financial income | 75 | €491 | €690 | +€199 | +40.5% |
| Financial charges | 65/66B | €353 | €613 | +€260 | +73.8% |
| Recurring financial charges | 65 | €353 | €613 | +€260 | +73.8% |
| Profit (loss) for the period before taxes | 9903 | €54,076 | €60,860 | +€6,783 | +12.5% |
| Income taxes | 67/77 | €13,646 | €16,535 | +€2,889 | +21.2% |
| Profit (loss) for the period | 9904 | €40,431 | €44,325 | +€3,894 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,431 | €44,325 | +€3,894 | +9.6% |
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 25 October 2026 via checked.be.