GO ADVISORY: 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 ADVISORY
Largest movements
- Financial fixed assets +€105,000
up €105,000 (+185972.4%), from €56 to €105,056
- Cash +€59,424
up €59,424 (+29.8%), from €199,241 to €258,665
mainly Net result for the year (+€148,779) and Tax, wage and social debts (+€61,738)
- Receivables within one year +€47,705
up €47,705 (+197.2%), from €24,196 to €71,901
of which Trade receivables: +€47,704
- Reserves +€130,000
up €130,000 (+108.3%), from €120,000 to €250,000
- Tax, wage and social debts +€61,738
up €61,738 (+98.2%), from €62,893 to €124,631
- Profit (loss) carried forward +€18,779
up €18,779 (+59.5%), from €31,579 to €50,358
No income-statement line moved by more than 1% of the activity.
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 | €227,980 | €438,707 | +€210,727 | +92.4% |
| Fixed assets | 21/28 | €4,356 | €108,098 | +€103,742 | +2381.4% |
| Tangible fixed assets | 22/27 | €4,300 | €3,042 | -€1,258 | -29.3% |
| Plant, machinery and equipment | 23 | €2,083 | €1,594 | -€489 | -23.5% |
| Furniture and vehicles | 24 | €2,217 | €1,448 | -€769 | -34.7% |
| Financial fixed assets | 28 | €56 | €105,056 | +€105,000 | +185972.4% |
| Current assets | 29/58 | €223,624 | €330,609 | +€106,985 | +47.8% |
| Amounts receivable within one year | 40/41 | €24,196 | €71,901 | +€47,705 | +197.2% |
| Trade receivables | 40 | €24,196 | €71,900 | +€47,704 | +197.2% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €199,241 | €258,665 | +€59,424 | +29.8% |
| Deferred charges and accrued income | 490/1 | €186 | €43 | -€143 | -76.8% |
| Total equity and liabilities | 10/49 | €227,980 | €438,707 | +€210,727 | +92.4% |
| Equity | 10/15 | €156,579 | €305,358 | +€148,779 | +95.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €120,000 | €250,000 | +€130,000 | +108.3% |
| Distributable reserves | 133 | €120,000 | €250,000 | +€130,000 | +108.3% |
| Profit (loss) carried forward | 14 | €31,579 | €50,358 | +€18,779 | +59.5% |
| Amounts payable | 17/49 | €71,401 | €133,349 | +€61,948 | +86.8% |
| Amounts payable within one year | 42/48 | €71,401 | €133,349 | +€61,948 | +86.8% |
| Trade debts | 44 | €3,788 | €2,131 | -€1,657 | -43.7% |
| Suppliers | 440/4 | €3,788 | €2,131 | -€1,657 | -43.7% |
| Taxes, remuneration and social security | 45 | €62,893 | €124,631 | +€61,738 | +98.2% |
| Taxes | 450/3 | €62,893 | €124,631 | +€61,738 | +98.2% |
| Other amounts payable | 47/48 | €4,720 | €6,587 | +€1,867 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €1,258 | +€804 | +177.3% |
| Gross operating margin | 9900 | €212,732 | €211,193 | -€1,540 | -0.7% |
| Operating profit (loss) | 9901 | €212,279 | €209,934 | -€2,344 | -1.1% |
| Financial charges | 65/66B | €54 | €30 | -€24 | -44.1% |
| Recurring financial charges | 65 | €54 | €30 | -€24 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €212,225 | €209,904 | -€2,321 | -1.1% |
| Income taxes | 67/77 | €60,646 | €61,125 | +€479 | +0.8% |
| Profit (loss) for the period | 9904 | €151,579 | €148,779 | -€2,799 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €151,579 | €148,779 | -€2,799 | -1.8% |
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 12 October 2026 via checked.be.