GO Projects: 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 Projects
Largest movements
- Receivables within one year -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Cash +€17,601
up €17,601 (+589.5%), from €2,986 to €20,586
mainly Short-term financial debts (+€78,000) and Receivables within one year (+€25,000)
- Other debts -€103,000
down €103,000 (-100.0%), from €103,000 to €0
- Short-term financial debts +€78,000
new in 2025: €78,000
- Profit (loss) carried forward +€18,336
up €18,336 (+84.9%), from -€21,593 to -€3,258
- Gross operating margin -€6,045
down €6,045 (-24.3%), from €24,874 to €18,829
- Depreciation -€797
down €797 (-100.0%), from €797 to €0
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 | €94,236 | €86,836 | -€7,399 | -7.9% |
| Fixed assets | 21/28 | €66,250 | €66,250 | = | 0.0% |
| Tangible fixed assets | 22/27 | €66,250 | €66,250 | = | 0.0% |
| Other tangible fixed assets | 26 | €66,250 | €66,250 | = | 0.0% |
| Current assets | 29/58 | €27,986 | €20,586 | -€7,399 | -26.4% |
| Amounts receivable within one year | 40/41 | €25,000 | €0 | -€25,000 | -100.0% |
| Other amounts receivable | 41 | €25,000 | €0 | -€25,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,986 | €20,586 | +€17,601 | +589.5% |
| Total equity and liabilities | 10/49 | €94,236 | €86,836 | -€7,399 | -7.9% |
| Equity | 10/15 | -€11,593 | €6,742 | +€18,336 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,593 | -€3,258 | +€18,336 | +84.9% |
| Amounts payable | 17/49 | €105,829 | €80,094 | -€25,735 | -24.3% |
| Amounts payable within one year | 42/48 | €105,829 | €80,094 | -€25,735 | -24.3% |
| Financial debts | 43 | - | €78,000 | +€78,000 | |
| Other loans | 439 | - | €78,000 | +€78,000 | |
| Taxes, remuneration and social security | 45 | €2,829 | €2,094 | -€735 | -26.0% |
| Taxes | 450/3 | €2,829 | €2,094 | -€735 | -26.0% |
| Other amounts payable | 47/48 | €103,000 | €0 | -€103,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €797 | €0 | -€797 | -100.0% |
| Other operating charges | 640/8 | €535 | €550 | +€14 | +2.7% |
| Gross operating margin | 9900 | €24,874 | €18,829 | -€6,045 | -24.3% |
| Operating profit (loss) | 9901 | €23,541 | €18,279 | -€5,262 | -22.4% |
| Financial income | 75/76B | €12 | €240 | +€227 | +1844.2% |
| Recurring financial income | 75 | €12 | €240 | +€227 | +1844.2% |
| Financial charges | 65/66B | €183 | €183 | = | 0.0% |
| Recurring financial charges | 65 | €183 | €183 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €23,370 | €18,336 | -€5,035 | -21.5% |
| Profit (loss) for the period | 9904 | €23,370 | €18,336 | -€5,035 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,370 | €18,336 | -€5,035 | -21.5% |
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 28 September 2026 via checked.be.