GO DARE: 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 DARE
Largest movements
- Receivables within one year +€152,716
up €152,716 (+3501.3%), from €4,362 to €157,078
of which Trade receivables: +€141,449
- Cash +€89,485
up €89,485 (+15117.0%), from €592 to €90,077
mainly Advances received (+€160,632) and Other debts (+€109,073)
- Tangible fixed assets +€30,971
up €30,971 (+132.1%), from €23,453 to €54,425
of which Furniture and vehicles: +€36,707
- Stocks and contracts -€23,171
down €23,171 (-100.0%), from €23,171 to €0
- Intangible fixed assets -€15,453
down €15,453 (-49.8%), from €31,033 to €15,580
- Advances received +€160,632
up €160,632 (+830.2%), from €19,349 to €179,981
- Other debts +€109,073
up €109,073 (+27351.7%), from €399 to €109,472
- Contributions -€43,000
down €43,000 (-93.5%), from €46,000 to €3,000
- Tax, wage and social debts +€18,862
up €18,862 (+234.1%), from €8,058 to €26,920
of which Taxes: +€13,146
- Profit (loss) carried forward -€9,307
down €9,307 (-100.0%), from €9,307 to €0
- Gross operating margin +€102,452
up €102,452 (+77.2%), from €132,723 to €235,175
- Taxes +€30,817
up €30,817 (+511.3%), from €6,027 to €36,844
- Other operating charges +€17,820
up €17,820 (+603.8%), from €2,951 to €20,772
- Staff costs +€13,980
up €13,980 (+40.4%), from €34,584 to €48,564
- Depreciation +€2,992
up €2,992 (+13.1%), from €22,900 to €25,892
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 | €88,079 | €321,035 | +€232,956 | +264.5% |
| Fixed assets | 21/28 | €55,486 | €71,405 | +€15,919 | +28.7% |
| Intangible fixed assets | 21 | €31,033 | €15,580 | -€15,453 | -49.8% |
| Tangible fixed assets | 22/27 | €23,453 | €54,425 | +€30,971 | +132.1% |
| Plant, machinery and equipment | 23 | €14,310 | €8,575 | -€5,735 | -40.1% |
| Furniture and vehicles | 24 | €9,143 | €45,850 | +€36,707 | +401.5% |
| Financial fixed assets | 28 | €1,000 | €1,400 | +€400 | +40.0% |
| Current assets | 29/58 | €32,593 | €249,630 | +€217,037 | +665.9% |
| Stocks and contracts in progress | 3 | €23,171 | €0 | -€23,171 | -100.0% |
| Stocks | 30/36 | €23,171 | €0 | -€23,171 | -100.0% |
| Amounts receivable within one year | 40/41 | €4,362 | €157,078 | +€152,716 | +3501.3% |
| Trade receivables | 40 | €2,419 | €143,868 | +€141,449 | +5848.6% |
| Other amounts receivable | 41 | €1,943 | €13,210 | +€11,267 | +579.8% |
| Cash at bank and in hand | 54/58 | €592 | €90,077 | +€89,485 | +15117.0% |
| Deferred charges and accrued income | 490/1 | €4,469 | €2,475 | -€1,993 | -44.6% |
| Total equity and liabilities | 10/49 | €88,079 | €321,035 | +€232,956 | +264.5% |
| Equity | 10/15 | €55,307 | €3,000 | -€52,307 | -94.6% |
| Contributions | 10/11 | €46,000 | €3,000 | -€43,000 | -93.5% |
| Profit (loss) carried forward | 14 | €9,307 | €0 | -€9,307 | -100.0% |
| Amounts payable | 17/49 | €32,772 | €318,035 | +€285,263 | +870.5% |
| Amounts payable within one year | 42/48 | €32,330 | €318,035 | +€285,705 | +883.7% |
| Financial debts | 43 | €1,886 | €0 | -€1,886 | -100.0% |
| Credit institutions | 430/8 | €1,886 | €0 | -€1,886 | -100.0% |
| Trade debts | 44 | €2,638 | €1,663 | -€975 | -37.0% |
| Suppliers | 440/4 | €2,638 | €1,663 | -€975 | -37.0% |
| Advances received on contracts in progress | 46 | €19,349 | €179,981 | +€160,632 | +830.2% |
| Taxes, remuneration and social security | 45 | €8,058 | €26,920 | +€18,862 | +234.1% |
| Taxes | 450/3 | €8,058 | €21,203 | +€13,146 | +163.1% |
| Remuneration and social security | 454/9 | - | €5,716 | +€5,716 | |
| Other amounts payable | 47/48 | €399 | €109,472 | +€109,073 | +27351.7% |
| Accrued charges and deferred income | 492/3 | €442 | €0 | -€442 | -100.0% |
| Remuneration, social security and pensions | 62 | €34,584 | €48,564 | +€13,980 | +40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,900 | €25,892 | +€2,992 | +13.1% |
| Other operating charges | 640/8 | €2,951 | €20,772 | +€17,820 | +603.8% |
| Gross operating margin | 9900 | €132,723 | €235,175 | +€102,452 | +77.2% |
| Operating profit (loss) | 9901 | €72,287 | €139,947 | +€67,660 | +93.6% |
| Financial income | 75/76B | €35 | €81 | +€46 | +129.5% |
| Recurring financial income | 75 | €35 | €81 | +€46 | +129.5% |
| Financial charges | 65/66B | €3,410 | €3,019 | -€391 | -11.5% |
| Recurring financial charges | 65 | €3,410 | €3,019 | -€391 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €68,912 | €137,009 | +€68,097 | +98.8% |
| Income taxes | 67/77 | €6,027 | €36,844 | +€30,817 | +511.3% |
| Profit (loss) for the period | 9904 | €62,885 | €100,165 | +€37,279 | +59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,885 | €100,165 | +€37,279 | +59.3% |
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.