GO Maintenance: 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 Maintenance
Largest movements
- Cash -€30,683
down €30,683 (-49.4%), from €62,133 to €31,450
mainly Contributions, distributions and other (-€28,000) and Tax, wage and social debts (-€21,507)
- Receivables within one year +€21,267
up €21,267 (+35.1%), from €60,506 to €81,773
of which Trade receivables: +€18,428
- Tangible fixed assets -€15,337
down €15,337 (-32.5%), from €47,254 to €31,917
of which Furniture and vehicles: -€8,910
- Deferred charges and accrued income -€1,870
no longer reported in 2025 (was €1,870)
- Tax, wage and social debts -€21,507
down €21,507 (-59.8%), from €35,954 to €14,447
of which Taxes: -€16,841
- Profit (loss) carried forward +€8,587
up €8,587 (+23.3%), from €36,861 to €45,448
- Other debts -€5,574
down €5,574 (-8.4%), from €66,643 to €61,069
- Trade debts -€5,421
down €5,421 (-22.7%), from €23,906 to €18,486
- Debts after one year -€4,676
down €4,676 (-33.1%), from €14,121 to €9,445
- Gross operating margin -€57,175
down €57,175 (-40.2%), from €142,062 to €84,887
- Taxes -€10,705
down €10,705 (-53.4%), from €20,065 to €9,359
- Staff costs -€2,559
down €2,559 (-16.3%), from €15,694 to €13,135
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 | €183,996 | €155,571 | -€28,425 | -15.4% |
| Fixed assets | 21/28 | €52,542 | €35,847 | -€16,695 | -31.8% |
| Intangible fixed assets | 21 | €3,745 | €2,387 | -€1,358 | -36.3% |
| Tangible fixed assets | 22/27 | €47,254 | €31,917 | -€15,337 | -32.5% |
| Plant, machinery and equipment | 23 | €32,086 | €25,659 | -€6,427 | -20.0% |
| Furniture and vehicles | 24 | €15,167 | €6,258 | -€8,910 | -58.7% |
| Financial fixed assets | 28 | €1,543 | €1,543 | = | 0.0% |
| Current assets | 29/58 | €131,454 | €119,724 | -€11,730 | -8.9% |
| Stocks and contracts in progress | 3 | €6,946 | €6,501 | -€444 | -6.4% |
| Stocks | 30/36 | €6,946 | €6,501 | -€444 | -6.4% |
| Amounts receivable within one year | 40/41 | €60,506 | €81,773 | +€21,267 | +35.1% |
| Trade receivables | 40 | €60,486 | €78,914 | +€18,428 | +30.5% |
| Other amounts receivable | 41 | €20 | €2,859 | +€2,839 | +14195.3% |
| Cash at bank and in hand | 54/58 | €62,133 | €31,450 | -€30,683 | -49.4% |
| Deferred charges and accrued income | 490/1 | €1,870 | - | -€1,870 | |
| Total equity and liabilities | 10/49 | €183,996 | €155,571 | -€28,425 | -15.4% |
| Equity | 10/15 | €38,861 | €47,448 | +€8,587 | +22.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,861 | €45,448 | +€8,587 | +23.3% |
| Amounts payable | 17/49 | €145,135 | €108,123 | -€37,012 | -25.5% |
| Amounts payable after more than one year | 17 | €14,121 | €9,445 | -€4,676 | -33.1% |
| Financial debts | 170/4 | €14,121 | €9,445 | -€4,676 | -33.1% |
| Amounts payable within one year | 42/48 | €131,014 | €98,678 | -€32,336 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €4,510 | €4,676 | +€165 | +3.7% |
| Trade debts | 44 | €23,906 | €18,486 | -€5,421 | -22.7% |
| Suppliers | 440/4 | €23,906 | €18,486 | -€5,421 | -22.7% |
| Taxes, remuneration and social security | 45 | €35,954 | €14,447 | -€21,507 | -59.8% |
| Taxes | 450/3 | €31,256 | €14,415 | -€16,841 | -53.9% |
| Remuneration and social security | 454/9 | €4,698 | €33 | -€4,666 | -99.3% |
| Other amounts payable | 47/48 | €66,643 | €61,069 | -€5,574 | -8.4% |
| Non-recurring operating income | 76A | €93 | €49 | -€44 | -46.8% |
| Remuneration, social security and pensions | 62 | €15,694 | €13,135 | -€2,559 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,806 | €21,471 | -€1,335 | -5.9% |
| Other operating charges | 640/8 | €844 | €1,322 | +€478 | +56.7% |
| Gross operating margin | 9900 | €142,062 | €84,887 | -€57,175 | -40.2% |
| Operating profit (loss) | 9901 | €102,718 | €48,959 | -€53,759 | -52.3% |
| Financial income | 75/76B | €91 | €72 | -€19 | -21.2% |
| Recurring financial income | 75 | €91 | €72 | -€19 | -21.2% |
| Financial charges | 65/66B | €2,468 | €3,085 | +€617 | +25.0% |
| Recurring financial charges | 65 | €2,468 | €3,085 | +€617 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €100,341 | €45,946 | -€54,395 | -54.2% |
| Income taxes | 67/77 | €20,065 | €9,359 | -€10,705 | -53.4% |
| Profit (loss) for the period | 9904 | €80,277 | €36,587 | -€43,690 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €80,277 | €36,587 | -€43,690 | -54.4% |
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 4 October 2026 via checked.be.