GO TOIT: 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 TOIT
Largest movements
- Current investments -€249,883
no longer reported in 2025 (was €249,883)
- Cash -€28,188
down €28,188 (-25.4%), from €111,148 to €82,960
mainly Contributions, distributions and other (-€354,118) and Debts after one year (-€42,472)
- Tangible fixed assets -€17,639
down €17,639 (-12.1%), from €145,792 to €128,154
of which Furniture and vehicles: -€24,464
- Receivables within one year -€17,114
down €17,114 (-32.7%), from €52,367 to €35,252
of which Trade receivables: -€21,366
- Profit (loss) carried forward -€213,602
down €213,602 (-73.8%), from €289,268 to €75,665
- Debts after one year -€42,472
down €42,472 (-67.8%), from €62,614 to €20,143
- Other debts -€42,000
down €42,000 (-99.9%), from €42,051 to €51
- Tax, wage and social debts -€19,892
down €19,892 (-70.5%), from €28,210 to €8,317
of which Taxes: -€16,609
- Current portion of long-term debt +€10,778
up €10,778 (+58.4%), from €18,449 to €29,227
- Gross operating margin -€97,798
down €97,798 (-22.0%), from €444,312 to €346,514
- Staff costs -€23,949
down €23,949 (-16.9%), from €142,056 to €118,108
- Write-downs -€12,042
no longer reported in 2025 (was €12,042)
- Taxes -€9,068
down €9,068 (-15.8%), from €57,518 to €48,450
- Financial income +€6,953
up €6,953 (+240.3%), from €2,893 to €9,845
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 | €565,094 | €254,605 | -€310,490 | -54.9% |
| Fixed assets | 21/28 | €145,997 | €128,359 | -€17,639 | -12.1% |
| Tangible fixed assets | 22/27 | €145,792 | €128,154 | -€17,639 | -12.1% |
| Land and buildings | 22 | €36,983 | €34,733 | -€2,250 | -6.1% |
| Plant, machinery and equipment | 23 | €750 | €2,465 | +€1,715 | +228.8% |
| Furniture and vehicles | 24 | €63,739 | €39,275 | -€24,464 | -38.4% |
| Leasing and similar rights | 25 | €44,320 | €29,820 | -€14,500 | -32.7% |
| Assets under construction and advance payments | 27 | - | €21,860 | +€21,860 | |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €419,097 | €126,246 | -€292,851 | -69.9% |
| Amounts receivable within one year | 40/41 | €52,367 | €35,252 | -€17,114 | -32.7% |
| Trade receivables | 40 | €51,433 | €30,067 | -€21,366 | -41.5% |
| Other amounts receivable | 41 | €934 | €5,186 | +€4,251 | +455.1% |
| Current investments | 50/53 | €249,883 | - | -€249,883 | |
| Cash at bank and in hand | 54/58 | €111,148 | €82,960 | -€28,188 | -25.4% |
| Deferred charges and accrued income | 490/1 | €5,699 | €8,034 | +€2,335 | +41.0% |
| Total equity and liabilities | 10/49 | €565,094 | €254,605 | -€310,490 | -54.9% |
| Equity | 10/15 | €363,408 | €149,806 | -€213,602 | -58.8% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Reserves | 13 | €72,340 | €72,340 | = | 0.0% |
| Distributable reserves | 133 | €72,340 | €72,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | €289,268 | €75,665 | -€213,602 | -73.8% |
| Amounts payable | 17/49 | €201,686 | €104,799 | -€96,887 | -48.0% |
| Amounts payable after more than one year | 17 | €62,614 | €20,143 | -€42,472 | -67.8% |
| Financial debts | 170/4 | €62,614 | €20,143 | -€42,472 | -67.8% |
| Amounts payable within one year | 42/48 | €139,072 | €84,657 | -€54,416 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €18,449 | €29,227 | +€10,778 | +58.4% |
| Trade debts | 44 | €50,362 | €47,061 | -€3,301 | -6.6% |
| Suppliers | 440/4 | €50,362 | €47,061 | -€3,301 | -6.6% |
| Taxes, remuneration and social security | 45 | €28,210 | €8,317 | -€19,892 | -70.5% |
| Taxes | 450/3 | €22,629 | €6,020 | -€16,609 | -73.4% |
| Remuneration and social security | 454/9 | €5,581 | €2,297 | -€3,284 | -58.8% |
| Other amounts payable | 47/48 | €42,051 | €51 | -€42,000 | -99.9% |
| Remuneration, social security and pensions | 62 | €142,056 | €118,108 | -€23,949 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,313 | €45,342 | +€5,029 | +12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,042 | - | -€12,042 | |
| Other operating charges | 640/8 | €5,158 | €1,228 | -€3,930 | -76.2% |
| Gross operating margin | 9900 | €444,312 | €346,514 | -€97,798 | -22.0% |
| Operating profit (loss) | 9901 | €244,743 | €181,836 | -€62,907 | -25.7% |
| Financial income | 75/76B | €2,893 | €9,845 | +€6,953 | +240.3% |
| Recurring financial income | 75 | €2,893 | €9,845 | +€6,953 | +240.3% |
| Financial charges | 65/66B | €7,181 | €2,716 | -€4,466 | -62.2% |
| Recurring financial charges | 65 | €7,181 | €2,716 | -€4,466 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €240,454 | €188,966 | -€51,488 | -21.4% |
| Income taxes | 67/77 | €57,518 | €48,450 | -€9,068 | -15.8% |
| Profit (loss) for the period | 9904 | €182,936 | €140,515 | -€42,420 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €182,936 | €140,515 | -€42,420 | -23.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.