GO4SOLIT: 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.
GO4SOLIT
Largest movements
- Cash -€89,197
down €89,197 (-19.2%), from €464,947 to €375,750
mainly Other debts (-€81,821) and Contributions, distributions and other (-€77,778)
- Receivables within one year +€26,773
up €26,773 (+105%), from €25,432 to €52,205
of which Trade receivables: +€19,829
- Tangible fixed assets -€17,742
down €17,742 (-16.9%), from €105,045 to €87,303
of which Land and buildings: -€9,823
- Other debts -€81,821
down €81,821 (-35.1%), from €232,951 to €151,130
- Gross operating margin +€11,944
up €11,944 (+9.4%), from €127,360 to €139,304
- Taxes +€4,532
up €4,532 (+16.9%), from €26,757 to €31,289
- Financial income +€1,715
up €1,715 (+179%), from €959 to €2,674
- Financial charges -€1,706
down €1,706 (-17.9%), from €9,533 to €7,827
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €597,096 | €517,436 | -€79,660 | -13.3% |
| Fixed assets | 21/28 | €105,045 | €87,303 | -€17,742 | -16.9% |
| Tangible fixed assets | 22/27 | €105,045 | €87,303 | -€17,742 | -16.9% |
| Land and buildings | 22 | €75,090 | €65,267 | -€9,823 | -13.1% |
| Plant, machinery and equipment | 23 | €5,147 | €3,293 | -€1,854 | -36.0% |
| Furniture and vehicles | 24 | €24,808 | €18,744 | -€6,064 | -24.4% |
| Current assets | 29/58 | €492,051 | €430,132 | -€61,919 | -12.6% |
| Amounts receivable within one year | 40/41 | €25,432 | €52,205 | +€26,773 | +105% |
| Trade receivables | 40 | €25,432 | €45,261 | +€19,829 | +78.0% |
| Other amounts receivable | 41 | - | €6,944 | +€6,944 | |
| Cash at bank and in hand | 54/58 | €464,947 | €375,750 | -€89,197 | -19.2% |
| Deferred charges and accrued income | 490/1 | €1,672 | €2,177 | +€505 | +30.2% |
| Total equity and liabilities | 10/49 | €597,096 | €517,436 | -€79,660 | -13.3% |
| Equity | 10/15 | €343,788 | €345,272 | +€1,483 | +0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €331,388 | €332,872 | +€1,483 | +0.4% |
| Distributable reserves | 133 | €331,388 | €332,872 | +€1,483 | +0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | 0.0% |
| Amounts payable | 17/49 | €253,308 | €172,164 | -€81,144 | -32.0% |
| Amounts payable within one year | 42/48 | €247,957 | €167,975 | -€79,982 | -32.3% |
| Trade debts | 44 | €1,237 | €1,446 | +€209 | +16.9% |
| Suppliers | 440/4 | €1,237 | €1,446 | +€209 | +16.9% |
| Advances received on contracts in progress | 46 | €725 | €725 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €13,043 | €14,674 | +€1,631 | +12.5% |
| Taxes | 450/3 | €10,243 | €11,874 | +€1,631 | +15.9% |
| Remuneration and social security | 454/9 | €2,800 | €2,800 | = | 0.0% |
| Other amounts payable | 47/48 | €232,951 | €151,130 | -€81,821 | -35.1% |
| Accrued charges and deferred income | 492/3 | €5,351 | €4,189 | -€1,162 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,806 | €21,609 | +€803 | +3.9% |
| Other operating charges | 640/8 | €2,406 | €1,992 | -€414 | -17.2% |
| Gross operating margin | 9900 | €127,360 | €139,304 | +€11,944 | +9.4% |
| Operating profit (loss) | 9901 | €104,148 | €115,703 | +€11,555 | +11.1% |
| Financial income | 75/76B | €959 | €2,674 | +€1,715 | +179% |
| Recurring financial income | 75 | €959 | €2,674 | +€1,715 | +179% |
| Financial charges | 65/66B | €9,533 | €7,827 | -€1,706 | -17.9% |
| Recurring financial charges | 65 | €9,533 | €7,827 | -€1,706 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €95,574 | €110,550 | +€14,976 | +15.7% |
| Income taxes | 67/77 | €26,757 | €31,289 | +€4,532 | +16.9% |
| Profit (loss) for the period | 9904 | €68,818 | €79,261 | +€10,443 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,818 | €79,261 | +€10,443 | +15.2% |
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 25 October 2026 via checked.be.