GO PA: 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 PA
Largest movements
- Cash +€109,176
up €109,176 (+102%), from €106,941 to €216,117
mainly Other debts (+€247,453) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year -€12,617
down €12,617 (-24.8%), from €50,824 to €38,207
of which Other amounts receivable: -€19,115
- Tangible fixed assets -€3,379
down €3,379 (-48.3%), from €6,989 to €3,611
- Other debts +€247,453
up €247,453 (+28,932%), from €855 to €248,308
- Profit (loss) carried forward -€205,744
down €205,744 (-100%), from €205,744 to €0
- Turnover -€183,793
no longer reported in 2025 (was €183,793)
- Purchases and services -€80,882
no longer reported in 2025 (was €80,882)
- Gross operating margin -€47,919
down €47,919 (-46.4%), from €103,173 to €55,254
- Taxes -€10,252
down €10,252 (-47.6%), from €21,519 to €11,267
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 | €216,618 | €259,196 | +€42,579 | +19.7% |
| Fixed assets | 21/28 | €6,989 | €3,611 | -€3,379 | -48.3% |
| Tangible fixed assets | 22/27 | €6,989 | €3,611 | -€3,379 | -48.3% |
| Furniture and vehicles | 24 | €6,989 | €3,611 | -€3,379 | -48.3% |
| Current assets | 29/58 | €209,628 | €255,586 | +€45,957 | +21.9% |
| Amounts receivable within one year | 40/41 | €50,824 | €38,207 | -€12,617 | -24.8% |
| Trade receivables | 40 | €24,841 | €31,340 | +€6,499 | +26.2% |
| Other amounts receivable | 41 | €25,983 | €6,867 | -€19,115 | -73.6% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €106,941 | €216,117 | +€109,176 | +102% |
| Deferred charges and accrued income | 490/1 | €1,863 | €1,262 | -€601 | -32.3% |
| Total equity and liabilities | 10/49 | €216,618 | €259,196 | +€42,579 | +19.7% |
| Equity | 10/15 | €210,744 | €5,000 | -€205,744 | -97.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,744 | €0 | -€205,744 | -100% |
| Amounts payable | 17/49 | €5,874 | €254,196 | +€248,323 | +4,228% |
| Amounts payable within one year | 42/48 | €5,573 | €253,864 | +€248,291 | +4,456% |
| Trade debts | 44 | €2,929 | €2,105 | -€824 | -28.1% |
| Suppliers | 440/4 | €2,929 | €2,105 | -€824 | -28.1% |
| Taxes, remuneration and social security | 45 | €1,788 | €3,450 | +€1,662 | +92.9% |
| Taxes | 450/3 | €1,788 | €3,450 | +€1,662 | +92.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €855 | €248,308 | +€247,453 | +28,932% |
| Accrued charges and deferred income | 492/3 | €301 | €333 | +€31 | +10.4% |
| Turnover | 70 | €183,793 | - | -€183,793 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €80,882 | - | -€80,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,379 | €3,379 | = | 0.0% |
| Other operating charges | 640/8 | €628 | €1,047 | +€419 | +66.6% |
| Gross operating margin | 9900 | €103,173 | €55,254 | -€47,919 | -46.4% |
| Operating profit (loss) | 9901 | €99,165 | €50,828 | -€48,337 | -48.7% |
| Financial income | 75/76B | €2,365 | €1,552 | -€813 | -34.4% |
| Recurring financial income | 75 | €2,365 | €1,552 | -€813 | -34.4% |
| Financial charges | 65/66B | €89 | €106 | +€18 | +20.1% |
| Recurring financial charges | 65 | €89 | €106 | +€18 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | €101,442 | €52,274 | -€49,168 | -48.5% |
| Income taxes | 67/77 | €21,519 | €11,267 | -€10,252 | -47.6% |
| Profit (loss) for the period | 9904 | €79,923 | €41,006 | -€38,916 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €79,923 | €41,006 | -€38,916 | -48.7% |
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 26 October 2026 via checked.be.