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
- Receivables within one year -€100,239
down €100,239 (-6.6%), from €1.5m to €1.4m
of which Other amounts receivable: -€87,316
- Cash -€65,631
down €65,631 (-66.6%), from €98,535 to €32,904
mainly Net result for the year (-€121,808) and Tax, wage and social debts (-€61,990)
- Profit (loss) carried forward -€121,808
down €121,808 (-8.4%), from €1.5m to €1.3m
- Tax, wage and social debts -€61,990
down €61,990 (-66.0%), from €93,931 to €31,941
of which Taxes: -€64,641
- Current portion of long-term debt -€23,087
no longer reported in 2024 (was €23,087)
- Trade debts +€17,314
up €17,314 (+161.1%), from €10,745 to €28,059
- Gross operating margin -€27,244
down €27,244 (-38.2%), from €71,402 to €44,158
- Financial charges -€10,964
down €10,964 (-54.4%), from €20,171 to €9,206
- Staff costs -€9,830
down €9,830 (-7.4%), from €132,988 to €123,158
- Other operating charges +€3,247
up €3,247 (+26.6%), from €12,187 to €15,434
- Taxes +€2,052
up €2,052 (+169.5%), from €1,210 to €3,262
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,663,295 | €1,481,204 | -€182,091 | -10.9% |
| Fixed assets | 21/28 | €29,790 | €14,723 | -€15,067 | -50.6% |
| Tangible fixed assets | 22/27 | €29,790 | €14,723 | -€15,067 | -50.6% |
| Furniture and vehicles | 24 | €1,576 | €14,723 | +€13,147 | +834.5% |
| Leasing and similar rights | 25 | €28,214 | - | -€28,214 | |
| Current assets | 29/58 | €1,633,505 | €1,466,481 | -€167,024 | -10.2% |
| Amounts receivable within one year | 40/41 | €1,530,282 | €1,430,043 | -€100,239 | -6.6% |
| Trade receivables | 40 | €574,952 | €562,029 | -€12,923 | -2.2% |
| Other amounts receivable | 41 | €955,330 | €868,014 | -€87,316 | -9.1% |
| Cash at bank and in hand | 54/58 | €98,535 | €32,904 | -€65,631 | -66.6% |
| Deferred charges and accrued income | 490/1 | €4,688 | €3,534 | -€1,154 | -24.6% |
| Total equity and liabilities | 10/49 | €1,663,295 | €1,481,204 | -€182,091 | -10.9% |
| Equity | 10/15 | €1,462,152 | €1,340,344 | -€121,808 | -8.3% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €5,359 | €5,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,450,542 | €1,328,735 | -€121,808 | -8.4% |
| Amounts payable | 17/49 | €201,143 | €140,860 | -€60,283 | -30.0% |
| Amounts payable within one year | 42/48 | €201,143 | €137,260 | -€63,883 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €23,087 | - | -€23,087 | |
| Trade debts | 44 | €10,745 | €28,059 | +€17,314 | +161.1% |
| Suppliers | 440/4 | €10,745 | €28,059 | +€17,314 | +161.1% |
| Taxes, remuneration and social security | 45 | €93,931 | €31,941 | -€61,990 | -66.0% |
| Taxes | 450/3 | €66,248 | €1,608 | -€64,641 | -97.6% |
| Remuneration and social security | 454/9 | €27,682 | €30,333 | +€2,651 | +9.6% |
| Other amounts payable | 47/48 | €73,381 | €77,261 | +€3,880 | +5.3% |
| Accrued charges and deferred income | 492/3 | - | €3,600 | +€3,600 | |
| Remuneration, social security and pensions | 62 | €132,988 | €123,158 | -€9,830 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,067 | €15,067 | +€0 | 0.0% |
| Other operating charges | 640/8 | €12,187 | €15,434 | +€3,247 | +26.6% |
| Gross operating margin | 9900 | €71,402 | €44,158 | -€27,244 | -38.2% |
| Operating profit (loss) | 9901 | -€88,840 | -€109,500 | -€20,661 | -23.3% |
| Financial income | 75/76B | €57 | €161 | +€104 | +183.4% |
| Recurring financial income | 75 | €57 | €161 | +€104 | +183.4% |
| Financial charges | 65/66B | €20,171 | €9,206 | -€10,964 | -54.4% |
| Recurring financial charges | 65 | €20,171 | €9,206 | -€10,964 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | -€108,953 | -€118,545 | -€9,592 | -8.8% |
| Income taxes | 67/77 | €1,210 | €3,262 | +€2,052 | +169.5% |
| Profit (loss) for the period | 9904 | -€110,164 | -€121,808 | -€11,644 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,164 | -€121,808 | -€11,644 | -10.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.