GO PRESSE: 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 PRESSE
Largest movements
- Cash -€53,676
down €53,676 (-24.2%), from €221,880 to €168,204
mainly Accrued charges and deferred income (-€35,049) and Debts after one year (-€25,800)
- Stocks and contracts -€20,555
down €20,555 (-6.8%), from €301,256 to €280,702
- Tangible fixed assets -€19,481
down €19,481 (-7.9%), from €246,850 to €227,368
of which Land and buildings: -€15,641
- Accrued charges and deferred income -€35,049
down €35,049 (-100%), from €35,049 to €0
- Debts after one year -€25,800
down €25,800 (-10.5%), from €245,039 to €219,239
- Advances received -€20,501
down €20,501 (-100%), from €20,501 to €0
- Tax, wage and social debts -€12,100
down €12,100 (-19.1%), from €63,259 to €51,159
of which Remuneration and social security: -€14,936
- Gross operating margin +€101,371
up €101,371 (+13.5%), from €751,225 to €852,595
- Staff costs +€42,581
up €42,581 (+5.9%), from €721,540 to €764,121
- Depreciation +€27,677
up €27,677, from €0 to €27,677
- Financial charges +€10,958
up €10,958 (+59.6%), from €18,373 to €29,332
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 | €817,586 | €723,669 | -€93,917 | -11.5% |
| Fixed assets | 21/28 | €271,476 | €251,995 | -€19,481 | -7.2% |
| Tangible fixed assets | 22/27 | €246,850 | €227,368 | -€19,481 | -7.9% |
| Land and buildings | 22 | €227,230 | €211,589 | -€15,641 | -6.9% |
| Plant, machinery and equipment | 23 | €17,145 | €13,923 | -€3,222 | -18.8% |
| Furniture and vehicles | 24 | €2,476 | €1,857 | -€619 | -25.0% |
| Financial fixed assets | 28 | €24,627 | €24,627 | = | 0.0% |
| Current assets | 29/58 | €546,110 | €471,674 | -€74,436 | -13.6% |
| Stocks and contracts in progress | 3 | €301,256 | €280,702 | -€20,555 | -6.8% |
| Stocks | 30/36 | €301,256 | €280,702 | -€20,555 | -6.8% |
| Amounts receivable within one year | 40/41 | €22,974 | €22,768 | -€206 | -0.9% |
| Other amounts receivable | 41 | €22,974 | €22,768 | -€206 | -0.9% |
| Cash at bank and in hand | 54/58 | €221,880 | €168,204 | -€53,676 | -24.2% |
| Total equity and liabilities | 10/49 | €817,586 | €723,669 | -€93,917 | -11.5% |
| Equity | 10/15 | -€5,499 | -€1,035 | +€4,464 | +81.2% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €43,302 | €43,302 | = | 0.0% |
| Distributable reserves | 133 | €43,302 | €43,302 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,861 | -€52,397 | +€4,464 | +7.9% |
| Amounts payable | 17/49 | €823,086 | €724,704 | -€98,381 | -12.0% |
| Amounts payable after more than one year | 17 | €245,039 | €219,239 | -€25,800 | -10.5% |
| Financial debts | 170/4 | €245,039 | €219,239 | -€25,800 | -10.5% |
| Amounts payable within one year | 42/48 | €542,997 | €505,465 | -€37,532 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €24,795 | €19,104 | -€5,692 | -23.0% |
| Trade debts | 44 | €388,491 | €396,251 | +€7,761 | +2.0% |
| Suppliers | 440/4 | €388,491 | €396,251 | +€7,761 | +2.0% |
| Advances received on contracts in progress | 46 | €20,501 | €0 | -€20,501 | -100% |
| Taxes, remuneration and social security | 45 | €63,259 | €51,159 | -€12,100 | -19.1% |
| Taxes | 450/3 | €0 | €2,836 | +€2,836 | |
| Remuneration and social security | 454/9 | €63,259 | €48,323 | -€14,936 | -23.6% |
| Other amounts payable | 47/48 | €45,951 | €38,951 | -€7,000 | -15.2% |
| Accrued charges and deferred income | 492/3 | €35,049 | €0 | -€35,049 | -100% |
| Non-recurring operating income | 76A | €1,463 | €0 | -€1,463 | -100% |
| Remuneration, social security and pensions | 62 | €721,540 | €764,121 | +€42,581 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €27,677 | +€27,677 | |
| Other operating charges | 640/8 | €27,919 | €26,889 | -€1,030 | -3.7% |
| Gross operating margin | 9900 | €751,225 | €852,595 | +€101,371 | +13.5% |
| Operating profit (loss) | 9901 | €1,765 | €33,907 | +€32,142 | +1,821% |
| Financial income | 75/76B | €42 | €0 | -€42 | -99.4% |
| Recurring financial income | 75 | €42 | €0 | -€42 | -99.4% |
| Financial charges | 65/66B | €18,373 | €29,332 | +€10,958 | +59.6% |
| Recurring financial charges | 65 | €18,373 | €29,332 | +€10,958 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,566 | €4,576 | +€21,142 | |
| Income taxes | 67/77 | -€1,717 | €112 | +€1,829 | |
| Profit (loss) for the period | 9904 | -€14,848 | €4,464 | +€19,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,848 | €4,464 | +€19,312 |
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 21 October 2026 via checked.be.