GO-Tech: 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-Tech
Largest movements
- Receivables within one year +€16,235
up €16,235 (+371.9%), from €4,366 to €20,601
- Tangible fixed assets -€4,009
down €4,009 (-23.8%), from €16,830 to €12,821
of which Leasing and similar rights: -€3,665
- Cash -€440
no longer reported in 2025 (was €440)
mainly Receivables within one year (-€16,235)
- Reserves +€9,589
up €9,589 (+64.3%), from €14,903 to €24,492
- Tax, wage and social debts +€2,197
up €2,197 (+58.9%), from €3,733 to €5,930
- Gross operating margin -€4,998
down €4,998 (-22.9%), from €21,855 to €16,857
- Taxes -€1,136
down €1,136 (-32.2%), from €3,533 to €2,397
- Staff costs +€863
new in 2025: €863
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 | €21,636 | €33,422 | +€11,786 | +54.5% |
| Fixed assets | 21/28 | €16,830 | €12,821 | -€4,009 | -23.8% |
| Tangible fixed assets | 22/27 | €16,830 | €12,821 | -€4,009 | -23.8% |
| Furniture and vehicles | 24 | €829 | €485 | -€344 | -41.5% |
| Leasing and similar rights | 25 | €16,001 | €12,336 | -€3,665 | -22.9% |
| Current assets | 29/58 | €4,806 | €20,601 | +€15,795 | +328.7% |
| Amounts receivable within one year | 40/41 | €4,366 | €20,601 | +€16,235 | +371.9% |
| Other amounts receivable | 41 | €4,366 | €20,601 | +€16,235 | +371.9% |
| Cash at bank and in hand | 54/58 | €440 | - | -€440 | |
| Total equity and liabilities | 10/49 | €21,636 | €33,422 | +€11,786 | +54.5% |
| Equity | 10/15 | €17,903 | €27,492 | +€9,589 | +53.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,903 | €24,492 | +€9,589 | +64.3% |
| Distributable reserves | 133 | €14,903 | €24,492 | +€9,589 | +64.3% |
| Amounts payable | 17/49 | €3,733 | €5,930 | +€2,197 | +58.9% |
| Amounts payable within one year | 42/48 | €3,733 | €5,930 | +€2,197 | +58.9% |
| Taxes, remuneration and social security | 45 | €3,733 | €5,930 | +€2,197 | +58.9% |
| Taxes | 450/3 | €3,733 | €5,930 | +€2,197 | +58.9% |
| Remuneration, social security and pensions | 62 | - | €863 | +€863 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,008 | €4,008 | = | 0.0% |
| Non-recurring operating charges | 66A | €182 | - | -€182 | |
| Gross operating margin | 9900 | €21,855 | €16,857 | -€4,998 | -22.9% |
| Operating profit (loss) | 9901 | €17,665 | €11,986 | -€5,679 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €17,665 | €11,986 | -€5,679 | -32.1% |
| Income taxes | 67/77 | €3,533 | €2,397 | -€1,136 | -32.2% |
| Profit (loss) for the period | 9904 | €14,132 | €9,589 | -€4,543 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,132 | €9,589 | -€4,543 | -32.1% |
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 4 October 2026 via checked.be.