GO TECHNICS: 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 TECHNICS
Largest movements
- Tangible fixed assets +€57,167
up €57,167 (+108%), from €52,969 to €110,136
of which Furniture and vehicles: +€51,293
- Deferred charges and accrued income +€31,134
up €31,134 (+4,810%), from €647 to €31,781
- Receivables within one year +€28,334
up €28,334 (+31.1%), from €91,112 to €119,446
of which Trade receivables: +€26,284
- Cash -€21,698
down €21,698 (-10.3%), from €211,608 to €189,910
mainly Investment in fixed assets (net) (-€85,345) and Short-term financial debts (-€51,283)
- Reserves +€91,879
up €91,879 (+37.0%), from €248,646 to €340,525
of which Distributable reserves: +€91,879
- Tax, wage and social debts +€56,840
up €56,840 (+492%), from €11,555 to €68,395
of which Taxes: +€56,840
- Short-term financial debts -€51,283
down €51,283 (-100%), from €51,283 to €0
- Gross operating margin -€71,069
down €71,069 (-30.9%), from €230,111 to €159,042
- Taxes -€27,856
down €27,856 (-41.1%), from €67,721 to €39,865
- Depreciation +€12,357
up €12,357 (+94.2%), from €13,121 to €25,478
- Other operating charges -€3,553
down €3,553 (-95.4%), from €3,723 to €170
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 | €368,460 | €466,097 | +€97,637 | +26.5% |
| Fixed assets | 21/28 | €57,793 | €117,660 | +€59,867 | +104% |
| Tangible fixed assets | 22/27 | €52,969 | €110,136 | +€57,167 | +108% |
| Plant, machinery and equipment | 23 | €24,674 | €30,548 | +€5,874 | +23.8% |
| Furniture and vehicles | 24 | €28,295 | €79,587 | +€51,293 | +181% |
| Financial fixed assets | 28 | €4,824 | €7,524 | +€2,700 | +56.0% |
| Current assets | 29/58 | €310,667 | €348,437 | +€37,770 | +12.2% |
| Stocks and contracts in progress | 3 | €7,300 | €7,300 | = | 0.0% |
| Stocks | 30/36 | €7,300 | €7,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €91,112 | €119,446 | +€28,334 | +31.1% |
| Trade receivables | 40 | €83,547 | €109,831 | +€26,284 | +31.5% |
| Other amounts receivable | 41 | €7,565 | €9,615 | +€2,050 | +27.1% |
| Cash at bank and in hand | 54/58 | €211,608 | €189,910 | -€21,698 | -10.3% |
| Deferred charges and accrued income | 490/1 | €647 | €31,781 | +€31,134 | +4,810% |
| Total equity and liabilities | 10/49 | €368,460 | €466,097 | +€97,637 | +26.5% |
| Equity | 10/15 | €267,246 | €359,125 | +€91,879 | +34.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €248,646 | €340,525 | +€91,879 | +37.0% |
| Non-distributable reserves | 130/1 | €903 | €903 | = | 0.0% |
| Reserves not available under the articles | 1311 | €903 | €903 | = | 0.0% |
| Distributable reserves | 133 | €247,743 | €339,622 | +€91,879 | +37.1% |
| Amounts payable | 17/49 | €101,214 | €106,972 | +€5,757 | +5.7% |
| Amounts payable within one year | 42/48 | €84,682 | €92,972 | +€8,289 | +9.8% |
| Financial debts | 43 | €51,283 | €0 | -€51,283 | -100% |
| Credit institutions | 430/8 | €51,283 | €0 | -€51,283 | -100% |
| Trade debts | 44 | €20,081 | €22,813 | +€2,732 | +13.6% |
| Suppliers | 440/4 | €20,081 | €22,813 | +€2,732 | +13.6% |
| Advances received on contracts in progress | 46 | €1,164 | €1,164 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,555 | €68,395 | +€56,840 | +492% |
| Taxes | 450/3 | €11,555 | €68,395 | +€56,840 | +492% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €600 | €600 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €16,532 | €14,000 | -€2,532 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,121 | €25,478 | +€12,357 | +94.2% |
| Other operating charges | 640/8 | €3,723 | €170 | -€3,553 | -95.4% |
| Gross operating margin | 9900 | €230,111 | €159,042 | -€71,069 | -30.9% |
| Operating profit (loss) | 9901 | €213,267 | €133,394 | -€79,873 | -37.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €853 | €1,649 | +€796 | +93.3% |
| Recurring financial charges | 65 | €853 | €1,649 | +€796 | +93.3% |
| Profit (loss) for the period before taxes | 9903 | €212,414 | €131,745 | -€80,669 | -38.0% |
| Income taxes | 67/77 | €67,721 | €39,865 | -€27,856 | -41.1% |
| Profit (loss) for the period | 9904 | €144,692 | €91,879 | -€52,813 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €144,692 | €91,879 | -€52,813 | -36.5% |
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 17 October 2026 via checked.be.