GO SERVICES: 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 SERVICES
Largest movements
- Cash +€196,004
up €196,004 (+162.8%), from €120,415 to €316,419
mainly Net result for the year (+€142,345) and Investment in fixed assets (net) (+€99,737)
- Receivables within one year +€148,495
up €148,495 (+510.3%), from €29,100 to €177,595
of which Trade receivables: +€118,580
- Tangible fixed assets -€137,532
down €137,532 (-49.6%), from €277,104 to €139,573
of which Land and buildings: -€149,426
- Receivables after one year +€23,495
up €23,495 (+8.3%), from €283,559 to €307,054
- Reserves +€121,896
up €121,896 (+19.0%), from €642,000 to €763,896
of which Tax-exempt reserves: +€65,896
- Provisions +€73,173
new in 2025: €73,173
of which Provisions for liabilities and charges: +€51,208
- Tax, wage and social debts +€28,623
up €28,623 (+158.1%), from €18,104 to €46,726
- Gross operating margin +€99,357
up €99,357 (+57.8%), from €171,973 to €271,329
- Financial charges -€21,754
down €21,754 (-29.3%), from €74,331 to €52,576
- Taxes -€17,109
down €17,109 (-46.0%), from €37,194 to €20,085
- Other operating charges -€11,327
down €11,327 (-91.9%), from €12,323 to €996
- Depreciation -€9,642
down €9,642 (-20.3%), from €47,436 to €37,794
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 | €713,353 | €943,339 | +€229,987 | +32.2% |
| Fixed assets | 21/28 | €277,104 | €139,573 | -€137,532 | -49.6% |
| Tangible fixed assets | 22/27 | €277,104 | €139,573 | -€137,532 | -49.6% |
| Land and buildings | 22 | €149,426 | - | -€149,426 | |
| Plant, machinery and equipment | 23 | €1,764 | €785 | -€979 | -55.5% |
| Furniture and vehicles | 24 | €125,915 | €138,788 | +€12,873 | +10.2% |
| Current assets | 29/58 | €436,248 | €803,767 | +€367,518 | +84.2% |
| Amounts receivable after more than one year | 29 | €283,559 | €307,054 | +€23,495 | +8.3% |
| Other amounts receivable | 291 | €283,559 | €307,054 | +€23,495 | +8.3% |
| Amounts receivable within one year | 40/41 | €29,100 | €177,595 | +€148,495 | +510.3% |
| Trade receivables | 40 | €12,100 | €130,680 | +€118,580 | +980.0% |
| Other amounts receivable | 41 | €17,000 | €46,915 | +€29,915 | +176.0% |
| Cash at bank and in hand | 54/58 | €120,415 | €316,419 | +€196,004 | +162.8% |
| Deferred charges and accrued income | 490/1 | €3,174 | €2,699 | -€475 | -15.0% |
| Total equity and liabilities | 10/49 | €713,353 | €943,339 | +€229,987 | +32.2% |
| Equity | 10/15 | €650,065 | €772,410 | +€122,345 | +18.8% |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Reserves | 13 | €642,000 | €763,896 | +€121,896 | +19.0% |
| Tax-exempt reserves | 132 | - | €65,896 | +€65,896 | |
| Distributable reserves | 133 | €642,000 | €698,000 | +€56,000 | +8.7% |
| Profit (loss) carried forward | 14 | €1,465 | €1,914 | +€450 | +30.7% |
| Provisions and deferred taxes | 16 | - | €73,173 | +€73,173 | |
| Provisions for liabilities and charges | 160/5 | - | €51,208 | +€51,208 | |
| Other liabilities and charges | 164/5 | - | €51,208 | +€51,208 | |
| Deferred taxes | 168 | - | €21,965 | +€21,965 | |
| Amounts payable | 17/49 | €63,288 | €97,756 | +€34,468 | +54.5% |
| Amounts payable after more than one year | 17 | €30,001 | €29,749 | -€252 | -0.8% |
| Other amounts payable | 178/9 | €30,001 | €29,749 | -€252 | -0.8% |
| Amounts payable within one year | 42/48 | €33,287 | €68,007 | +€34,721 | +104.3% |
| Trade debts | 44 | €183 | €2,281 | +€2,098 | +1147.1% |
| Suppliers | 440/4 | €183 | €2,281 | +€2,098 | +1147.1% |
| Taxes, remuneration and social security | 45 | €18,104 | €46,726 | +€28,623 | +158.1% |
| Taxes | 450/3 | €18,104 | €46,726 | +€28,623 | +158.1% |
| Other amounts payable | 47/48 | €15,000 | €19,000 | +€4,000 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,436 | €37,794 | -€9,642 | -20.3% |
| Other operating charges | 640/8 | €12,323 | €996 | -€11,327 | -91.9% |
| Non-recurring operating charges | 66A | - | €11,606 | +€11,606 | |
| Gross operating margin | 9900 | €171,973 | €271,329 | +€99,357 | +57.8% |
| Operating profit (loss) | 9901 | €112,214 | €220,933 | +€108,719 | +96.9% |
| Financial income | 75/76B | €14,503 | €16,039 | +€1,536 | +10.6% |
| Recurring financial income | 75 | €14,503 | €16,039 | +€1,536 | +10.6% |
| Financial charges | 65/66B | €74,331 | €52,576 | -€21,754 | -29.3% |
| Recurring financial charges | 65 | €74,331 | €52,576 | -€21,754 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €52,386 | €184,396 | +€132,010 | +252.0% |
| Transfer to deferred taxes | 680 | - | €21,965 | +€21,965 | |
| Income taxes | 67/77 | €37,194 | €20,085 | -€17,109 | -46.0% |
| Profit (loss) for the period | 9904 | €15,193 | €142,345 | +€127,153 | +836.9% |
| Transfer to tax-exempt reserves | 689 | - | €65,896 | +€65,896 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,193 | €76,450 | +€61,257 | +403.2% |
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 3 October 2026 via checked.be.