GO4GREEN: 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.
What changed
GO4GREEN
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€819,649
2024 · €1.7m-€843,415
Equity
€13.6m
2024 · €12.7m+€819,649
Cash
€1.2m
2024 · €1.4m-€234,978
Balance sheet total
€31.9m
2024 · €33.8m-€1.8m
Largest movements
Assets
- Tangible fixed assets -€2.0m
down €2.0m (-10.3%), from €19.2m to €17.2m
of which Plant, machinery and equipment: -€2.0m
- Receivables within one year +€1.0m
up €1.0m (+13.5%), from €7.7m to €8.8m
of which Trade receivables: +€962,366
- Receivables after one year -€642,027
down €642,027 (-25.0%), from €2.6m to €1.9m
Equity and liabilities
- Debts after one year -€2.6m
down €2.6m (-16.8%), from €15.3m to €12.8m
- Trade debts +€2.1m
up €2.1m (+75.0%), from €2.7m to €4.8m
- Other debts -€1.5m
no longer reported in 2025 (was €1.5m)
- Profit (loss) carried forward +€819,649
up €819,649 (+6.6%), from €12.4m to €13.3m
- Tax, wage and social debts -€564,663
down €564,663 (-39.8%), from €1.4m to €853,404
of which Taxes: -€558,224
Income statement
- Services and other goods +€2.6m
up €2.6m (+56.8%), from €4.6m to €7.2m
- Turnover +€1.6m
up €1.6m (+14.2%), from €11.5m to €13.1m
- Taxes -€547,663
down €547,663 (-87.6%), from €624,931 to €77,268
- Depreciation +€487,261
up €487,261 (+13.7%), from €3.6m to €4.0m
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.
Result 2024
€1.7m
Turnover
+€1.6m
Other operating income
+€1,151
Goods and materials
+€60,639
Services and other goods
-€2.6m
Staff costs
-€33,779
Depreciation
-€487,261
Other operating charges
-€891
Financial income
-€58,637
Financial charges
+€114,055
Taxes
+€547,663
Result 2025
€819,649
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€4.4m
Investment
-€2.1m
Financing
-€2.6m
Cash 2024
€1.4m
From operations (derived)
+€4.4m
Net result for the year
+€819,649
Depreciation
+€4.0m
Receivables after one year
+€642,027
Receivables within one year
-€1.0m
Deferred charges and accrued income
+€15,684
Trade debts
+€2.1m
Tax, wage and social debts
-€564,663
Other debts
-€1.5m
Accrued charges and deferred income
-€29,624
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€2.1m
Financing
-€2.6m
Debts after one year
-€2.6m
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,752,631 | €31,947,807 | -€1.8m | -5.3% |
| Fixed assets | 21/28 | €22,010,723 | €20,056,143 | -€2.0m | -8.9% |
| Intangible fixed assets | 21 | - | €21,006 | +€21,006 | |
| Tangible fixed assets | 22/27 | €19,179,903 | €17,204,317 | -€2.0m | -10.3% |
| Plant, machinery and equipment | 23 | €19,156,784 | €17,192,806 | -€2.0m | -10.3% |
| Furniture and vehicles | 24 | €6,006 | €4,121 | -€1,886 | -31.4% |
| Assets under construction and advance payments | 27 | €17,113 | €7,390 | -€9,723 | -56.8% |
| Financial fixed assets | 28 | €2,830,820 | €2,830,820 | = | 0.0% |
| Affiliated companies | 280/1 | €2,830,700 | €2,830,700 | = | 0.0% |
| Participating interests | 280 | €2,830,700 | €2,830,700 | = | 0.0% |
| Other financial fixed assets | 284/8 | €120 | €120 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €11,741,909 | €11,891,664 | +€149,755 | +1.3% |
| Amounts receivable after more than one year | 29 | €2,564,425 | €1,922,398 | -€642,027 | -25.0% |
| Other amounts receivable | 291 | €2,564,425 | €1,922,398 | -€642,027 | -25.0% |
| Amounts receivable within one year | 40/41 | €7,737,808 | €8,780,253 | +€1.0m | +13.5% |
| Trade receivables | 40 | €7,084,152 | €8,046,517 | +€962,366 | +13.6% |
| Other amounts receivable | 41 | €653,657 | €733,736 | +€80,079 | +12.3% |
| Cash at bank and in hand | 54/58 | €1,422,524 | €1,187,546 | -€234,978 | -16.5% |
| Deferred charges and accrued income | 490/1 | €17,152 | €1,467 | -€15,684 | -91.4% |
| Total equity and liabilities | 10/49 | €33,752,631 | €31,947,807 | -€1.8m | -5.3% |
| Equity | 10/15 | €12,738,517 | €13,558,166 | +€819,649 | +6.4% |
| Contributions | 10/11 | €184,500 | €184,500 | = | 0.0% |
| Capital | 10 | €184,500 | €184,500 | = | 0.0% |
| Issued capital | 100 | €184,500 | €184,500 | = | 0.0% |
| Reserves | 13 | €122,389 | €122,389 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,450 | €18,450 | = | 0.0% |
| Legal reserve | 130 | €18,450 | €18,450 | = | 0.0% |
| Distributable reserves | 133 | €103,939 | €103,939 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,431,628 | €13,251,277 | +€819,649 | +6.6% |
| Amounts payable | 17/49 | €21,014,114 | €18,389,641 | -€2.6m | -12.5% |
| Amounts payable after more than one year | 17 | €15,330,996 | €12,750,000 | -€2.6m | -16.8% |
| Financial debts | 170/4 | €15,330,996 | €12,750,000 | -€2.6m | -16.8% |
| Other loans | 174 | €15,330,996 | €12,750,000 | -€2.6m | -16.8% |
| Amounts payable within one year | 42/48 | €5,653,494 | €5,639,641 | -€13,853 | -0.2% |
| Trade debts | 44 | €2,735,427 | €4,786,237 | +€2.1m | +75.0% |
| Suppliers | 440/4 | €2,735,427 | €4,786,237 | +€2.1m | +75.0% |
| Taxes, remuneration and social security | 45 | €1,418,067 | €853,404 | -€564,663 | -39.8% |
| Taxes | 450/3 | €1,403,378 | €845,153 | -€558,224 | -39.8% |
| Remuneration and social security | 454/9 | €14,689 | €8,251 | -€6,439 | -43.8% |
| Other amounts payable | 47/48 | €1,500,000 | - | -€1.5m | |
| Accrued charges and deferred income | 492/3 | €29,624 | - | -€29,624 | |
| Operating income | 70/76A | €11,460,009 | €13,090,139 | +€1.6m | +14.2% |
| Turnover | 70 | €11,460,009 | €13,088,988 | +€1.6m | +14.2% |
| Other operating income | 74 | - | €1,151 | +€1,151 | |
| Operating charges | 60/66A | €8,659,839 | €11,736,465 | +€3.1m | +35.5% |
| Goods for resale, raw materials and consumables | 60 | €368,213 | €307,574 | -€60,639 | -16.5% |
| Purchases | 600/8 | €368,213 | €307,574 | -€60,639 | -16.5% |
| Services and other goods | 61 | €4,600,642 | €7,215,977 | +€2.6m | +56.8% |
| Remuneration, social security and pensions | 62 | €128,125 | €161,904 | +€33,779 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,562,227 | €4,049,488 | +€487,261 | +13.7% |
| Other operating charges | 640/8 | €632 | €1,523 | +€891 | +141% |
| Operating profit (loss) | 9901 | €2,800,170 | €1,353,674 | -€1.4m | -51.7% |
| Financial income | 75/76B | €115,481 | €56,845 | -€58,637 | -50.8% |
| Recurring financial income | 75 | €115,481 | €56,845 | -€58,637 | -50.8% |
| Income from current assets | 751 | €91,975 | €56,820 | -€35,154 | -38.2% |
| Other financial income | 752/9 | €23,506 | €24 | -€23,482 | -99.9% |
| Financial charges | 65/66B | €627,656 | €513,601 | -€114,055 | -18.2% |
| Recurring financial charges | 65 | €627,656 | €513,601 | -€114,055 | -18.2% |
| Debt charges | 650 | €596,818 | €493,457 | -€103,361 | -17.3% |
| Other financial charges | 652/9 | €30,838 | €20,145 | -€10,693 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €2,287,995 | €896,917 | -€1.4m | -60.8% |
| Income taxes | 67/77 | €624,931 | €77,268 | -€547,663 | -87.6% |
| Taxes | 670/3 | €624,931 | €77,268 | -€547,663 | -87.6% |
| Profit (loss) for the period | 9904 | €1,663,064 | €819,649 | -€843,415 | -50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,663,064 | €819,649 | -€843,415 | -50.7% |
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 19 October 2026 via checked.be.