GO - RON: 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 - RON
Largest movements
- Tangible fixed assets +€61,472
up €61,472 (+3,308%), from €1,858 to €63,331
of which Leasing and similar rights: +€62,108
- Cash -€39,993
down €39,993 (-28.0%), from €142,902 to €102,909
mainly Investment in fixed assets (net) (-€63,216) and Net result for the year (-€14,528)
- Receivables within one year +€11,156
up €11,156 (+43.2%), from €25,821 to €36,977
of which Trade receivables: +€10,951
- Stocks and contracts -€4,665
down €4,665 (-64.8%), from €7,201 to €2,536
- Deferred charges and accrued income +€3,474
up €3,474 (+230%), from €1,510 to €4,983
- Debts after one year +€33,362
new in 2025: €33,362
- Profit (loss) carried forward -€14,528
down €14,528 (-64.9%), from €22,387 to €7,859
- Current portion of long-term debt +€10,649
new in 2025: €10,649
- Other debts +€8,054
up €8,054 (+163%), from €4,930 to €12,984
- Trade debts -€4,391
down €4,391 (-26.9%), from €16,319 to €11,929
- Gross operating margin -€11,737
down €11,737, from €2,012 to -€9,724
- Depreciation +€1,108
up €1,108 (+174%), from €635 to €1,744
- Other operating charges +€239
up €239 (+7.5%), from €3,194 to €3,433
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 | €179,293 | €210,736 | +€31,443 | +17.5% |
| Fixed assets | 21/28 | €1,858 | €63,331 | +€61,472 | +3,308% |
| Tangible fixed assets | 22/27 | €1,858 | €63,331 | +€61,472 | +3,308% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €1,858 | €1,223 | -€635 | -34.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | - | €62,108 | +€62,108 | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €177,434 | €147,405 | -€30,029 | -16.9% |
| Stocks and contracts in progress | 3 | €7,201 | €2,536 | -€4,665 | -64.8% |
| Stocks | 30/36 | €7,201 | €2,536 | -€4,665 | -64.8% |
| Amounts receivable within one year | 40/41 | €25,821 | €36,977 | +€11,156 | +43.2% |
| Trade receivables | 40 | €23,034 | €33,985 | +€10,951 | +47.5% |
| Other amounts receivable | 41 | €2,788 | €2,992 | +€205 | +7.3% |
| Cash at bank and in hand | 54/58 | €142,902 | €102,909 | -€39,993 | -28.0% |
| Deferred charges and accrued income | 490/1 | €1,510 | €4,983 | +€3,474 | +230% |
| Total equity and liabilities | 10/49 | €179,293 | €210,736 | +€31,443 | +17.5% |
| Equity | 10/15 | €151,278 | €136,750 | -€14,528 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,291 | €110,291 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,190 | €5,190 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,190 | €5,190 | = | 0.0% |
| Distributable reserves | 133 | €105,101 | €105,101 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,387 | €7,859 | -€14,528 | -64.9% |
| Amounts payable | 17/49 | €28,015 | €73,985 | +€45,971 | +164% |
| Amounts payable after more than one year | 17 | - | €33,362 | +€33,362 | |
| Financial debts | 170/4 | - | €33,362 | +€33,362 | |
| Amounts payable within one year | 42/48 | €27,953 | €40,561 | +€12,609 | +45.1% |
| Current portion of amounts payable after more than one year | 42 | - | €10,649 | +€10,649 | |
| Trade debts | 44 | €16,319 | €11,929 | -€4,391 | -26.9% |
| Suppliers | 440/4 | €16,319 | €11,929 | -€4,391 | -26.9% |
| Taxes, remuneration and social security | 45 | €6,704 | €5,000 | -€1,704 | -25.4% |
| Taxes | 450/3 | €204 | - | -€204 | |
| Remuneration and social security | 454/9 | €6,500 | €5,000 | -€1,500 | -23.1% |
| Other amounts payable | 47/48 | €4,930 | €12,984 | +€8,054 | +163% |
| Accrued charges and deferred income | 492/3 | €62 | €62 | +€0 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €635 | €1,744 | +€1,108 | +174% |
| Other operating charges | 640/8 | €3,194 | €3,433 | +€239 | +7.5% |
| Gross operating margin | 9900 | €2,012 | -€9,724 | -€11,737 | |
| Operating profit (loss) | 9901 | -€1,817 | -€14,901 | -€13,084 | -720% |
| Financial income | 75/76B | €801 | €716 | -€85 | -10.6% |
| Recurring financial income | 75 | €801 | €716 | -€85 | -10.6% |
| Financial charges | 65/66B | €338 | €324 | -€14 | -4.2% |
| Recurring financial charges | 65 | €338 | €324 | -€14 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,354 | -€14,509 | -€13,155 | -972% |
| Income taxes | 67/77 | €0 | €19 | +€19 | |
| Profit (loss) for the period | 9904 | -€1,354 | -€14,528 | -€13,174 | -973% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,354 | -€14,528 | -€13,174 | -973% |
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 13 October 2026 via checked.be.