GO MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€8,767
down €8,767 (-73.3%), from €11,961 to €3,194
of which Trade receivables: -€9,278
- Other debts +€19,780
up €19,780 (+297.3%), from €6,653 to €26,433
- Trade debts -€13,788
down €13,788 (-95.5%), from €14,436 to €648
- Current portion of long-term debt -€9,171
no longer reported in 2025 (was €9,171)
- Profit (loss) carried forward -€5,525
down €5,525 (-13.2%), from -€41,914 to -€47,439
- Gross operating margin +€6,540
up €6,540 (+69.0%), from -€9,479 to -€2,939
- Financial charges -€844
down €844 (-32.3%), from €2,610 to €1,766
- Taxes +€367
new in 2025: €367
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,961 | €3,194 | -€8,767 | -73.3% |
| Current assets | 29/58 | €11,961 | €3,194 | -€8,767 | -73.3% |
| Amounts receivable within one year | 40/41 | €11,961 | €3,194 | -€8,767 | -73.3% |
| Trade receivables | 40 | €11,799 | €2,521 | -€9,278 | -78.6% |
| Other amounts receivable | 41 | €162 | €673 | +€511 | +315.0% |
| Total equity and liabilities | 10/49 | €11,961 | €3,194 | -€8,767 | -73.3% |
| Equity | 10/15 | -€21,454 | -€26,979 | -€5,525 | -25.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,914 | -€47,439 | -€5,525 | -13.2% |
| Amounts payable | 17/49 | €33,415 | €30,173 | -€3,242 | -9.7% |
| Amounts payable within one year | 42/48 | €33,415 | €30,173 | -€3,242 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €9,171 | - | -€9,171 | |
| Financial debts | 43 | €3,021 | €2,958 | -€64 | -2.1% |
| Credit institutions | 430/8 | €3,021 | €2,958 | -€64 | -2.1% |
| Trade debts | 44 | €14,436 | €648 | -€13,788 | -95.5% |
| Suppliers | 440/4 | €14,436 | €648 | -€13,788 | -95.5% |
| Taxes, remuneration and social security | 45 | €134 | €134 | = | 0.0% |
| Taxes | 450/3 | €134 | €134 | = | 0.0% |
| Other amounts payable | 47/48 | €6,653 | €26,433 | +€19,780 | +297.3% |
| Other operating charges | 640/8 | €448 | €453 | +€5 | +1.1% |
| Gross operating margin | 9900 | -€9,479 | -€2,939 | +€6,540 | +69.0% |
| Operating profit (loss) | 9901 | -€9,927 | -€3,392 | +€6,535 | +65.8% |
| Financial charges | 65/66B | €2,610 | €1,766 | -€844 | -32.3% |
| Recurring financial charges | 65 | €2,610 | €1,766 | -€844 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,538 | -€5,158 | +€7,380 | +58.9% |
| Income taxes | 67/77 | - | €367 | +€367 | |
| Profit (loss) for the period | 9904 | -€12,538 | -€5,525 | +€7,013 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,538 | -€5,525 | +€7,013 | +55.9% |
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 10 October 2026 via checked.be.