GO CHI: 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 CHI
Largest movements
- Tangible fixed assets +€207,428
up €207,428 (+321.5%), from €64,517 to €271,945
of which Land and buildings: +€198,892
- Receivables within one year -€84,846
down €84,846 (-44.2%), from €191,987 to €107,141
- Cash +€37,455
up €37,455 (+23.7%), from €158,311 to €195,765
mainly Debts after one year (+€155,461) and Receivables within one year (+€84,846)
- Stocks and contracts -€10,243
down €10,243 (-51.3%), from €19,978 to €9,735
- Debts after one year +€155,461
up €155,461 (+1988.6%), from €7,818 to €163,279
- Reserves -€24,829
down €24,829 (-10.4%), from €239,314 to €214,485
- Trade debts -€17,596
down €17,596 (-24.8%), from €70,860 to €53,264
- Current portion of long-term debt +€15,882
up €15,882 (+214.8%), from €7,392 to €23,274
- Accrued charges and deferred income +€11,400
new in 2025: €11,400
- Financial charges +€103,133
up €103,133 (+2282.8%), from €4,518 to €107,650
of which Non-recurring financial charges: +€96,524
- Gross operating margin +€94,919
up €94,919 (+79.0%), from €120,214 to €215,132
- Depreciation +€31,297
up €31,297 (+166.5%), from €18,795 to €50,092
- Taxes +€24,542
up €24,542 (+219.6%), from €11,177 to €35,718
- Staff costs -€4,295
down €4,295 (-8.2%), from €52,127 to €47,831
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 | €434,793 | €584,587 | +€149,794 | +34.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €64,517 | €271,945 | +€207,428 | +321.5% |
| Tangible fixed assets | 22/27 | €64,517 | €271,945 | +€207,428 | +321.5% |
| Land and buildings | 22 | €22,972 | €221,864 | +€198,892 | +865.8% |
| Plant, machinery and equipment | 23 | €22,036 | €17,982 | -€4,054 | -18.4% |
| Furniture and vehicles | 24 | €19,509 | €32,100 | +€12,590 | +64.5% |
| Current assets | 29/58 | €370,276 | €312,641 | -€57,635 | -15.6% |
| Stocks and contracts in progress | 3 | €19,978 | €9,735 | -€10,243 | -51.3% |
| Stocks | 30/36 | €19,978 | €9,735 | -€10,243 | -51.3% |
| Amounts receivable within one year | 40/41 | €191,987 | €107,141 | -€84,846 | -44.2% |
| Other amounts receivable | 41 | €191,987 | €107,141 | -€84,846 | -44.2% |
| Cash at bank and in hand | 54/58 | €158,311 | €195,765 | +€37,455 | +23.7% |
| Total equity and liabilities | 10/49 | €434,793 | €584,587 | +€149,794 | +34.5% |
| Equity | 10/15 | €286,164 | €261,335 | -€24,829 | -8.7% |
| Contributions | 10/11 | €46,850 | €46,850 | = | 0.0% |
| Reserves | 13 | €239,314 | €214,485 | -€24,829 | -10.4% |
| Distributable reserves | 133 | €239,314 | €214,485 | -€24,829 | -10.4% |
| Amounts payable | 17/49 | €148,629 | €323,251 | +€174,622 | +117.5% |
| Amounts payable after more than one year | 17 | €7,818 | €163,279 | +€155,461 | +1988.6% |
| Financial debts | 170/4 | €7,818 | €163,279 | +€155,461 | +1988.6% |
| Amounts payable within one year | 42/48 | €140,811 | €148,572 | +€7,761 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €7,392 | €23,274 | +€15,882 | +214.8% |
| Trade debts | 44 | €70,860 | €53,264 | -€17,596 | -24.8% |
| Suppliers | 440/4 | €70,860 | €53,264 | -€17,596 | -24.8% |
| Taxes, remuneration and social security | 45 | €62,559 | €72,034 | +€9,476 | +15.1% |
| Taxes | 450/3 | €52,446 | €58,302 | +€5,856 | +11.2% |
| Remuneration and social security | 454/9 | €10,113 | €13,732 | +€3,620 | +35.8% |
| Accrued charges and deferred income | 492/3 | - | €11,400 | +€11,400 | |
| Remuneration, social security and pensions | 62 | €52,127 | €47,831 | -€4,295 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,795 | €50,092 | +€31,297 | +166.5% |
| Other operating charges | 640/8 | €1,266 | €1,480 | +€214 | +16.9% |
| Gross operating margin | 9900 | €120,214 | €215,132 | +€94,919 | +79.0% |
| Operating profit (loss) | 9901 | €48,025 | €115,729 | +€67,703 | +141.0% |
| Financial income | 75/76B | €481 | €2,812 | +€2,331 | +485.0% |
| Recurring financial income | 75 | €481 | €2,812 | +€2,331 | +485.0% |
| Financial charges | 65/66B | €4,518 | €107,650 | +€103,133 | +2282.8% |
| Recurring financial charges | 65 | €4,518 | €11,126 | +€6,608 | +146.3% |
| Non-recurring financial charges | 66B | - | €96,524 | +€96,524 | |
| Profit (loss) for the period before taxes | 9903 | €43,988 | €10,890 | -€33,098 | -75.2% |
| Income taxes | 67/77 | €11,177 | €35,718 | +€24,542 | +219.6% |
| Profit (loss) for the period | 9904 | €32,812 | -€24,829 | -€57,640 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,812 | -€24,829 | -€57,640 |
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 11 October 2026 via checked.be.