GO-BETWEEN: what changed
Two fiscal 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-BETWEEN
Largest movements
- Receivables after one year -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Tangible fixed assets -€3,613
down €3,613 (-47.1%), from €7,667 to €4,054
of which Furniture and vehicles: -€2,965
- Profit (loss) carried forward -€46,693
down €46,693 (-14.1%), from €331,981 to €285,288
- Reserves -€6,030
down €6,030 (-33.8%), from €17,847 to €11,817
of which Distributable reserves: -€6,030
- Financial charges +€27,376
up €27,376 (+10103.6%), from €271 to €27,647
of which Non-recurring financial charges: +€27,197
- Gross operating margin +€9,052
up €9,052 (+40.3%), from -€22,488 to -€13,436
- Depreciation +€290
up €290 (+8.7%), from €3,323 to €3,613
- Taxes +€265
up €265 (+82.2%), from €323 to €588
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 | €360,057 | €305,562 | -€54,495 | -15.1% |
| Fixed assets | 21/28 | €7,667 | €4,054 | -€3,613 | -47.1% |
| Tangible fixed assets | 22/27 | €7,667 | €4,054 | -€3,613 | -47.1% |
| Plant, machinery and equipment | 23 | €925 | €277 | -€648 | -70.1% |
| Furniture and vehicles | 24 | €6,742 | €3,777 | -€2,965 | -44.0% |
| Current assets | 29/58 | €352,390 | €301,508 | -€50,882 | -14.4% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €42,607 | €43,658 | +€1,051 | +2.5% |
| Trade receivables | 40 | €37,419 | €39,839 | +€2,420 | +6.5% |
| Other amounts receivable | 41 | €5,188 | €3,819 | -€1,369 | -26.4% |
| Cash at bank and in hand | 54/58 | €258,513 | €257,283 | -€1,230 | -0.5% |
| Deferred charges and accrued income | 490/1 | €1,270 | €566 | -€704 | -55.4% |
| Total equity and liabilities | 10/49 | €360,057 | €305,562 | -€54,495 | -15.1% |
| Equity | 10/15 | €356,028 | €303,306 | -€52,723 | -14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,847 | €11,817 | -€6,030 | -33.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €15,992 | €9,962 | -€6,030 | -37.7% |
| Profit (loss) carried forward | 14 | €331,981 | €285,288 | -€46,693 | -14.1% |
| Amounts payable | 17/49 | €4,029 | €2,256 | -€1,773 | -44.0% |
| Amounts payable within one year | 42/48 | €4,029 | €2,256 | -€1,773 | -44.0% |
| Trade debts | 44 | €3,706 | €1,346 | -€2,360 | -63.7% |
| Suppliers | 440/4 | €3,706 | €1,346 | -€2,360 | -63.7% |
| Taxes, remuneration and social security | 45 | €323 | €910 | +€588 | +182.1% |
| Taxes | 450/3 | €323 | €910 | +€588 | +182.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,323 | €3,613 | +€290 | +8.7% |
| Other operating charges | 640/8 | €1,361 | €1,458 | +€97 | +7.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€22,488 | -€13,436 | +€9,052 | +40.3% |
| Operating profit (loss) | 9901 | -€27,171 | -€18,507 | +€8,664 | +31.9% |
| Financial income | 75/76B | - | €177 | +€177 | |
| Recurring financial income | 75 | - | €177 | +€177 | |
| Financial charges | 65/66B | €271 | €27,647 | +€27,376 | +10103.6% |
| Recurring financial charges | 65 | €271 | €450 | +€179 | +66.1% |
| Non-recurring financial charges | 66B | - | €27,197 | +€27,197 | |
| Profit (loss) for the period before taxes | 9903 | -€27,442 | -€45,977 | -€18,535 | -67.5% |
| Income taxes | 67/77 | €323 | €588 | +€265 | +82.2% |
| Profit (loss) for the period | 9904 | -€27,765 | -€46,565 | -€18,800 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,765 | -€46,565 | -€18,800 | -67.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.