GO-SOINS: 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-SOINS
Largest movements
- Tangible fixed assets -€65,212
down €65,212 (-32.6%), from €200,094 to €134,882
of which Furniture and vehicles: -€41,634
- Profit (loss) carried forward -€42,723
down €42,723 (-148%), from -€28,961 to -€71,684
- Debts after one year -€36,746
down €36,746 (-25.8%), from €142,549 to €105,803
- Short-term financial debts +€29,651
up €29,651 (+718%), from €4,132 to €33,783
- Other debts -€9,509
down €9,509 (-34.1%), from €27,924 to €18,415
- Trade debts -€3,919
down €3,919 (-68.6%), from €5,716 to €1,797
- Gross operating margin +€11,959
up €11,959 (+30.3%), from €39,523 to €51,482
- Other operating charges -€4,853
down €4,853 (-39.8%), from €12,182 to €7,329
- Financial charges -€1,750
down €1,750 (-12.4%), from €14,142 to €12,392
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.
Derived cash bridge
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 | €245,646 | €182,758 | -€62,888 | -25.6% |
| Fixed assets | 21/28 | €200,094 | €134,882 | -€65,212 | -32.6% |
| Tangible fixed assets | 22/27 | €200,094 | €134,882 | -€65,212 | -32.6% |
| Land and buildings | 22 | €68,857 | €49,080 | -€19,777 | -28.7% |
| Plant, machinery and equipment | 23 | €11,006 | €8,365 | -€2,641 | -24.0% |
| Furniture and vehicles | 24 | €117,899 | €76,265 | -€41,634 | -35.3% |
| Other tangible fixed assets | 26 | €2,332 | €1,172 | -€1,160 | -49.7% |
| Current assets | 29/58 | €45,552 | €47,876 | +€2,324 | +5.1% |
| Amounts receivable within one year | 40/41 | €41,182 | €41,741 | +€559 | +1.4% |
| Trade receivables | 40 | €25,689 | €26,099 | +€410 | +1.6% |
| Other amounts receivable | 41 | €15,493 | €15,642 | +€149 | +1.0% |
| Cash at bank and in hand | 54/58 | €107 | €2,508 | +€2,401 | +2,244% |
| Deferred charges and accrued income | 490/1 | €4,263 | €3,627 | -€636 | -14.9% |
| Total equity and liabilities | 10/49 | €245,646 | €182,758 | -€62,888 | -25.6% |
| Equity | 10/15 | €17,799 | -€24,924 | -€42,723 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €28,160 | €28,160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €26,300 | €26,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,961 | -€71,684 | -€42,723 | -148% |
| Amounts payable | 17/49 | €227,847 | €207,682 | -€20,165 | -8.9% |
| Amounts payable after more than one year | 17 | €142,549 | €105,803 | -€36,746 | -25.8% |
| Financial debts | 170/4 | €142,549 | €105,803 | -€36,746 | -25.8% |
| Amounts payable within one year | 42/48 | €85,298 | €101,879 | +€16,581 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €34,483 | €36,084 | +€1,601 | +4.6% |
| Financial debts | 43 | €4,132 | €33,783 | +€29,651 | +718% |
| Credit institutions | 430/8 | €4,132 | €33,783 | +€29,651 | +718% |
| Trade debts | 44 | €5,716 | €1,797 | -€3,919 | -68.6% |
| Suppliers | 440/4 | €5,716 | €1,797 | -€3,919 | -68.6% |
| Taxes, remuneration and social security | 45 | €13,043 | €11,800 | -€1,243 | -9.5% |
| Taxes | 450/3 | €6,243 | €11,800 | +€5,557 | +89.0% |
| Remuneration and social security | 454/9 | €6,800 | - | -€6,800 | |
| Other amounts payable | 47/48 | €27,924 | €18,415 | -€9,509 | -34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,245 | €65,212 | -€33 | -0.1% |
| Other operating charges | 640/8 | €12,182 | €7,329 | -€4,853 | -39.8% |
| Non-recurring operating charges | 66A | €1,750 | €9,272 | +€7,522 | +430% |
| Gross operating margin | 9900 | €39,523 | €51,482 | +€11,959 | +30.3% |
| Operating profit (loss) | 9901 | -€39,654 | -€30,331 | +€9,323 | +23.5% |
| Financial charges | 65/66B | €14,142 | €12,392 | -€1,750 | -12.4% |
| Recurring financial charges | 65 | €14,142 | €12,392 | -€1,750 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€53,796 | -€42,723 | +€11,073 | +20.6% |
| Profit (loss) for the period | 9904 | -€53,796 | -€42,723 | +€11,073 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,796 | -€42,723 | +€11,073 | +20.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.