GO Advice: 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 Advice
Largest movements
- Tangible fixed assets +€45,173
up €45,173 (+4.2%), from €1.1m to €1.1m
of which Land and buildings: +€45,265
- Other debts +€80,289
up €80,289 (+41.0%), from €195,944 to €276,233
- Debts after one year -€64,472
down €64,472 (-12.8%), from €505,416 to €440,945
- Reserves +€38,833
up €38,833 (+31.3%), from €123,986 to €162,819
- Trade debts -€23,120
down €23,120 (-50.2%), from €46,023 to €22,903
- Gross operating margin +€21,575
up €21,575 (+24.2%), from €89,130 to €110,705
- Depreciation -€11,395
down €11,395 (-18.8%), from €60,557 to €49,161
- Taxes +€8,803
up €8,803 (+168.5%), from €5,224 to €14,027
- Other operating charges -€1,282
down €1,282 (-27.6%), from €4,649 to €3,367
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 | €1,125,287 | €1,157,372 | +€32,085 | +2.9% |
| Fixed assets | 21/28 | €1,077,797 | €1,122,969 | +€45,173 | +4.2% |
| Tangible fixed assets | 22/27 | €1,077,797 | €1,122,969 | +€45,173 | +4.2% |
| Land and buildings | 22 | €1,077,704 | €1,122,969 | +€45,265 | +4.2% |
| Furniture and vehicles | 24 | €92 | €0 | -€92 | -100.0% |
| Current assets | 29/58 | €47,491 | €34,403 | -€13,088 | -27.6% |
| Amounts receivable within one year | 40/41 | €30,440 | €18,982 | -€11,458 | -37.6% |
| Trade receivables | 40 | €22,087 | €18,009 | -€4,078 | -18.5% |
| Other amounts receivable | 41 | €8,353 | €973 | -€7,380 | -88.4% |
| Cash at bank and in hand | 54/58 | €15,186 | €13,759 | -€1,427 | -9.4% |
| Deferred charges and accrued income | 490/1 | €1,864 | €1,661 | -€203 | -10.9% |
| Total equity and liabilities | 10/49 | €1,125,287 | €1,157,372 | +€32,085 | +2.9% |
| Equity | 10/15 | €303,986 | €342,819 | +€38,833 | +12.8% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €123,986 | €162,819 | +€38,833 | +31.3% |
| Distributable reserves | 133 | €123,986 | €162,819 | +€38,833 | +31.3% |
| Amounts payable | 17/49 | €821,302 | €814,553 | -€6,748 | -0.8% |
| Amounts payable after more than one year | 17 | €505,416 | €440,945 | -€64,472 | -12.8% |
| Financial debts | 170/4 | €505,416 | €440,945 | -€64,472 | -12.8% |
| Amounts payable within one year | 42/48 | €314,165 | €371,879 | +€57,714 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €64,472 | €64,472 | = | 0.0% |
| Trade debts | 44 | €46,023 | €22,903 | -€23,120 | -50.2% |
| Suppliers | 440/4 | €46,023 | €22,903 | -€23,120 | -50.2% |
| Taxes, remuneration and social security | 45 | €7,726 | €8,272 | +€545 | +7.1% |
| Taxes | 450/3 | €7,726 | €8,272 | +€545 | +7.1% |
| Other amounts payable | 47/48 | €195,944 | €276,233 | +€80,289 | +41.0% |
| Accrued charges and deferred income | 492/3 | €1,720 | €1,729 | +€9 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,557 | €49,161 | -€11,395 | -18.8% |
| Other operating charges | 640/8 | €4,649 | €3,367 | -€1,282 | -27.6% |
| Gross operating margin | 9900 | €89,130 | €110,705 | +€21,575 | +24.2% |
| Operating profit (loss) | 9901 | €23,925 | €58,177 | +€34,252 | +143.2% |
| Financial income | 75/76B | €257 | €0 | -€257 | -100.0% |
| Recurring financial income | 75 | €257 | €0 | -€257 | -100.0% |
| Financial charges | 65/66B | €5,867 | €5,317 | -€550 | -9.4% |
| Recurring financial charges | 65 | €5,867 | €5,317 | -€550 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €18,315 | €52,860 | +€34,545 | +188.6% |
| Income taxes | 67/77 | €5,224 | €14,027 | +€8,803 | +168.5% |
| Profit (loss) for the period | 9904 | €13,091 | €38,833 | +€25,743 | +196.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,091 | €38,833 | +€25,743 | +196.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.