Go Camino: 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 Camino
Largest movements
- Cash +€12,983
up €12,983 (+26.1%), from €49,702 to €62,685
mainly Net result for the year (+€22,100) and Deferred charges and accrued income (+€2,081)
- Receivables within one year +€8,322
up €8,322 (+137%), from €6,090 to €14,413
of which Other amounts receivable: +€8,107
- Deferred charges and accrued income -€2,081
down €2,081 (-100%), from €2,081 to €0
- Reserves +€22,100
up €22,100 (+334%), from €6,608 to €28,708
- Advances received -€2,289
down €2,289 (-9.3%), from €24,499 to €22,210
- Trade debts -€1,356
down €1,356 (-89.0%), from €1,522 to €167
- Tax, wage and social debts +€1,345
up €1,345 (+552%), from €244 to €1,589
- Gross operating margin +€20,836
up €20,836 (+185%), from €11,236 to €32,072
- Taxes +€5,915
up €5,915 (+222%), from €2,659 to €8,574
- Financial charges -€423
down €423 (-35.2%), from €1,199 to €776
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 | €57,874 | €77,673 | +€19,800 | +34.2% |
| Fixed assets | 21/28 | - | €576 | +€576 | |
| Tangible fixed assets | 22/27 | - | €576 | +€576 | |
| Furniture and vehicles | 24 | - | €576 | +€576 | |
| Current assets | 29/58 | €57,874 | €77,098 | +€19,224 | +33.2% |
| Amounts receivable within one year | 40/41 | €6,090 | €14,413 | +€8,322 | +137% |
| Trade receivables | 40 | €35 | €250 | +€215 | +623% |
| Other amounts receivable | 41 | €6,056 | €14,163 | +€8,107 | +134% |
| Cash at bank and in hand | 54/58 | €49,702 | €62,685 | +€12,983 | +26.1% |
| Deferred charges and accrued income | 490/1 | €2,081 | €0 | -€2,081 | -100% |
| Total equity and liabilities | 10/49 | €57,874 | €77,673 | +€19,800 | +34.2% |
| Equity | 10/15 | €31,608 | €53,708 | +€22,100 | +69.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €6,608 | €28,708 | +€22,100 | +334% |
| Distributable reserves | 133 | €6,608 | €28,708 | +€22,100 | +334% |
| Amounts payable | 17/49 | €26,265 | €23,966 | -€2,300 | -8.8% |
| Amounts payable within one year | 42/48 | €26,265 | €23,966 | -€2,300 | -8.8% |
| Trade debts | 44 | €1,522 | €167 | -€1,356 | -89.0% |
| Suppliers | 440/4 | €1,522 | €167 | -€1,356 | -89.0% |
| Advances received on contracts in progress | 46 | €24,499 | €22,210 | -€2,289 | -9.3% |
| Taxes, remuneration and social security | 45 | €244 | €1,589 | +€1,345 | +552% |
| Taxes | 450/3 | €244 | €1,589 | +€1,345 | +552% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €109 | +€109 | |
| Other operating charges | 640/8 | €772 | €544 | -€228 | -29.5% |
| Gross operating margin | 9900 | €11,236 | €32,072 | +€20,836 | +185% |
| Operating profit (loss) | 9901 | €10,465 | €31,419 | +€20,955 | +200% |
| Financial income | 75/76B | €1 | €31 | +€30 | +3,139% |
| Recurring financial income | 75 | €1 | €31 | +€30 | +3,139% |
| Financial charges | 65/66B | €1,199 | €776 | -€423 | -35.2% |
| Recurring financial charges | 65 | €1,199 | €776 | -€423 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €9,267 | €30,674 | +€21,407 | +231% |
| Income taxes | 67/77 | €2,659 | €8,574 | +€5,915 | +222% |
| Profit (loss) for the period | 9904 | €6,608 | €22,100 | +€15,492 | +234% |
| Profit (loss) for the period to be appropriated | 9905 | €6,608 | €22,100 | +€15,492 | +234% |
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 19 October 2026 via checked.be.