GO-WELL CENTER: what changed
What changed
GO-WELL CENTER
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€3,280
2024 · -€11,871+€15,151
Equity
€26,256
2024 · €22,976+€3,280
Cash
€14,210
2024 · €12,537+€1,673
Balance sheet total
€174,807
2024 · €180,044-€5,237
Largest movements
Assets
- Tangible fixed assets -€15,882
down €15,882 (-16.9%), from €93,907 to €78,025
of which Other tangible fixed assets: -€11,502
- Intangible fixed assets +€4,239
up €4,239 (+12.7%), from €33,489 to €37,728
- Receivables within one year +€3,164
up €3,164 (+16.1%), from €19,618 to €22,782
of which Trade receivables: +€3,163
Equity and liabilities
- Debts after one year -€29,139
down €29,139 (-32.9%), from €88,633 to €59,495
- Trade debts +€13,626
up €13,626 (+174%), from €7,826 to €21,452
- Advances received +€6,344
up €6,344 (+66.0%), from €9,606 to €15,950
- Tax, wage and social debts +€3,971
up €3,971 (+139%), from €2,852 to €6,824
- Other debts -€3,831
down €3,831 (-19.6%), from €19,523 to €15,692
Income statement
- Gross operating margin +€18,466
up €18,466 (+121%), from €15,324 to €33,790
- Depreciation +€1,289
up €1,289 (+6.0%), from €21,604 to €22,893
- Other operating charges +€864
up €864 (+146%), from €594 to €1,457
- Staff costs +€629
new in 2025: €629
- Financial charges +€539
up €539 (+11.1%), from €4,880 to €5,419
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€11,871
Gross operating margin
+€18,466
Staff costs
-€629
Depreciation
-€1,289
Other operating charges
-€864
Financial income
+€10
Financial charges
-€539
Taxes
-€4
Result 2025
€3,280
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€41,256
Investment
-€11,250
Financing
-€28,333
Cash 2024
€12,537
From operations (derived)
+€41,256
Net result for the year
+€3,280
Depreciation
+€22,893
Receivables within one year
-€3,164
Deferred charges and accrued income
-€1,568
Trade debts
+€13,626
Tax, wage and social debts
+€3,971
Advances received
+€6,344
Other debts
-€3,831
Accrued charges and deferred income
-€294
Investment (derived)
-€11,250
Investment in fixed assets (net)
-€11,250
Financing
-€28,333
Debts after one year
-€29,139
Current portion of long-term debt
+€806
Cash 2025
€14,210
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €180,044 | €174,807 | -€5,237 | -2.9% |
| Fixed assets | 21/28 | €146,714 | €135,071 | -€11,643 | -7.9% |
| Intangible fixed assets | 21 | €33,489 | €37,728 | +€4,239 | +12.7% |
| Tangible fixed assets | 22/27 | €93,907 | €78,025 | -€15,882 | -16.9% |
| Furniture and vehicles | 24 | €11,381 | €7,001 | -€4,380 | -38.5% |
| Other tangible fixed assets | 26 | €82,526 | €71,024 | -€11,502 | -13.9% |
| Financial fixed assets | 28 | €19,318 | €19,318 | = | 0.0% |
| Current assets | 29/58 | €33,330 | €39,736 | +€6,406 | +19.2% |
| Amounts receivable within one year | 40/41 | €19,618 | €22,782 | +€3,164 | +16.1% |
| Trade receivables | 40 | €19,618 | €22,781 | +€3,163 | +16.1% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €12,537 | €14,210 | +€1,673 | +13.3% |
| Deferred charges and accrued income | 490/1 | €1,176 | €2,744 | +€1,568 | +133% |
| Total equity and liabilities | 10/49 | €180,044 | €174,807 | -€5,237 | -2.9% |
| Equity | 10/15 | €22,976 | €26,256 | +€3,280 | +14.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,024 | -€23,744 | +€3,280 | +12.1% |
| Amounts payable | 17/49 | €157,068 | €148,551 | -€8,517 | -5.4% |
| Amounts payable after more than one year | 17 | €88,633 | €59,495 | -€29,139 | -32.9% |
| Financial debts | 170/4 | €88,633 | €59,495 | -€29,139 | -32.9% |
| Amounts payable within one year | 42/48 | €68,140 | €89,057 | +€20,916 | +30.7% |
| Current portion of amounts payable after more than one year | 42 | €28,333 | €29,139 | +€806 | +2.8% |
| Trade debts | 44 | €7,826 | €21,452 | +€13,626 | +174% |
| Suppliers | 440/4 | €7,826 | €21,452 | +€13,626 | +174% |
| Advances received on contracts in progress | 46 | €9,606 | €15,950 | +€6,344 | +66.0% |
| Taxes, remuneration and social security | 45 | €2,852 | €6,824 | +€3,971 | +139% |
| Taxes | 450/3 | €2,852 | €6,824 | +€3,971 | +139% |
| Other amounts payable | 47/48 | €19,523 | €15,692 | -€3,831 | -19.6% |
| Accrued charges and deferred income | 492/3 | €294 | - | -€294 | |
| Remuneration, social security and pensions | 62 | - | €629 | +€629 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,604 | €22,893 | +€1,289 | +6.0% |
| Other operating charges | 640/8 | €594 | €1,457 | +€864 | +146% |
| Gross operating margin | 9900 | €15,324 | €33,790 | +€18,466 | +121% |
| Operating profit (loss) | 9901 | -€6,874 | €8,811 | +€15,685 | |
| Financial income | 75/76B | €10 | €20 | +€10 | +94.0% |
| Recurring financial income | 75 | €10 | €20 | +€10 | +94.0% |
| Financial charges | 65/66B | €4,880 | €5,419 | +€539 | +11.1% |
| Recurring financial charges | 65 | €4,880 | €5,419 | +€539 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,743 | €3,412 | +€15,155 | |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€11,871 | €3,280 | +€15,151 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,871 | €3,280 | +€15,151 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.