GO TEMP: 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 TEMP
Largest movements
- Receivables within one year +€859,351
up €859,351 (+27.0%), from €3.2m to €4.0m
of which Trade receivables: +€650,496
- Cash -€745,309
down €745,309 (-67.4%), from €1.1m to €360,143
mainly Receivables within one year (-€859,351) and Contributions, distributions and other (-€340,530)
- Tax, wage and social debts +€109,588
up €109,588 (+18.2%), from €601,320 to €710,907
of which Taxes: +€59,225
- Trade debts +€78,243
up €78,243 (+14.3%), from €548,596 to €626,839
- Other debts -€66,885
down €66,885 (-16.4%), from €407,867 to €340,982
- Staff costs +€1.4m
up €1.4m (+18.5%), from €7.5m to €8.9m
- Gross operating margin +€1.3m
up €1.3m (+16.2%), from €8.2m to €9.5m
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 | €4,286,877 | €4,400,919 | +€114,042 | +2.7% |
| Current assets | 29/58 | €4,286,877 | €4,400,919 | +€114,042 | +2.7% |
| Amounts receivable within one year | 40/41 | €3,181,425 | €4,040,776 | +€859,351 | +27.0% |
| Trade receivables | 40 | €2,376,653 | €3,027,149 | +€650,496 | +27.4% |
| Other amounts receivable | 41 | €804,772 | €1,013,627 | +€208,855 | +26.0% |
| Cash at bank and in hand | 54/58 | €1,105,452 | €360,143 | -€745,309 | -67.4% |
| Total equity and liabilities | 10/49 | €4,286,877 | €4,400,919 | +€114,042 | +2.7% |
| Equity | 10/15 | €2,722,191 | €2,722,191 | = | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,660,691 | €2,660,691 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €2,654,541 | €2,654,541 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,564,686 | €1,678,728 | +€114,042 | +7.3% |
| Amounts payable after more than one year | 17 | €6,904 | €0 | -€6,904 | -100.0% |
| Other amounts payable | 178/9 | €6,904 | €0 | -€6,904 | -100.0% |
| Amounts payable within one year | 42/48 | €1,557,782 | €1,678,728 | +€120,946 | +7.8% |
| Trade debts | 44 | €548,596 | €626,839 | +€78,243 | +14.3% |
| Suppliers | 440/4 | €548,596 | €626,839 | +€78,243 | +14.3% |
| Taxes, remuneration and social security | 45 | €601,320 | €710,907 | +€109,588 | +18.2% |
| Taxes | 450/3 | €202,393 | €261,618 | +€59,225 | +29.3% |
| Remuneration and social security | 454/9 | €398,927 | €449,289 | +€50,363 | +12.6% |
| Other amounts payable | 47/48 | €407,867 | €340,982 | -€66,885 | -16.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €7,531,370 | €8,926,318 | +€1.4m | +18.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €26,389 | +€26,389 | |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Non-recurring operating charges | 66A | €18,956 | €1,627 | -€17,329 | -91.4% |
| Gross operating margin | 9900 | €8,152,112 | €9,474,932 | +€1.3m | +16.2% |
| Operating profit (loss) | 9901 | €600,692 | €519,471 | -€81,221 | -13.5% |
| Financial income | 75/76B | €333 | €4 | -€330 | -98.9% |
| Recurring financial income | 75 | €333 | €4 | -€330 | -98.9% |
| Financial charges | 65/66B | €15,391 | €5,424 | -€9,967 | -64.8% |
| Recurring financial charges | 65 | €15,391 | €5,424 | -€9,967 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €585,635 | €514,051 | -€71,584 | -12.2% |
| Income taxes | 67/77 | €189,022 | €173,520 | -€15,502 | -8.2% |
| Profit (loss) for the period | 9904 | €396,613 | €340,530 | -€56,083 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €396,613 | €340,530 | -€56,083 | -14.1% |
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 6 October 2026 via checked.be.