Go4TMS: 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.
Go4TMS
Largest movements
- Receivables within one year +€154,711
up €154,711 (+75.6%), from €204,592 to €359,303
of which Trade receivables: +€167,410
- Intangible fixed assets -€50,000
down €50,000 (-44.5%), from €112,361 to €62,361
- Profit (loss) carried forward -€486,770
down €486,770 (-41.2%), from -€1.2m to -€1.7m
- Other debts +€336,513
up €336,513 (+28.3%), from €1.2m to €1.5m
- Trade debts +€243,339
up €243,339 (+120.2%), from €202,444 to €445,783
- Accrued charges and deferred income +€11,990
up €11,990 (+17.0%), from €70,512 to €82,502
- Purchases and services +€438,191
up €438,191 (+57.0%), from €768,543 to €1.2m
- Turnover +€294,592
up €294,592 (+54.5%), from €540,955 to €835,547
- Gross operating margin -€143,790
down €143,790 (-63.2%), from -€227,398 to -€371,188
- Financial charges +€9,429
up €9,429 (+17.0%), from €55,339 to €64,768
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 | €341,012 | €446,085 | +€105,073 | +30.8% |
| Fixed assets | 21/28 | €112,493 | €62,361 | -€50,132 | -44.6% |
| Intangible fixed assets | 21 | €112,361 | €62,361 | -€50,000 | -44.5% |
| Tangible fixed assets | 22/27 | €132 | - | -€132 | |
| Plant, machinery and equipment | 23 | €132 | - | -€132 | |
| Current assets | 29/58 | €228,519 | €383,724 | +€155,205 | +67.9% |
| Amounts receivable within one year | 40/41 | €204,592 | €359,303 | +€154,711 | +75.6% |
| Trade receivables | 40 | €155,624 | €323,034 | +€167,410 | +107.6% |
| Other amounts receivable | 41 | €48,968 | €36,269 | -€12,700 | -25.9% |
| Cash at bank and in hand | 54/58 | €4,985 | €4,982 | -€3 | -0.1% |
| Deferred charges and accrued income | 490/1 | €18,941 | €19,439 | +€497 | +2.6% |
| Total equity and liabilities | 10/49 | €341,012 | €446,085 | +€105,073 | +30.8% |
| Equity | 10/15 | -€1,120,243 | -€1,607,013 | -€486,770 | -43.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,182,243 | -€1,669,013 | -€486,770 | -41.2% |
| Amounts payable | 17/49 | €1,461,255 | €2,053,098 | +€591,843 | +40.5% |
| Amounts payable within one year | 42/48 | €1,390,743 | €1,970,596 | +€579,853 | +41.7% |
| Trade debts | 44 | €202,444 | €445,783 | +€243,339 | +120.2% |
| Suppliers | 440/4 | €202,444 | €445,783 | +€243,339 | +120.2% |
| Other amounts payable | 47/48 | €1,188,299 | €1,524,813 | +€336,513 | +28.3% |
| Accrued charges and deferred income | 492/3 | €70,512 | €82,502 | +€11,990 | +17.0% |
| Turnover | 70 | €540,955 | €835,547 | +€294,592 | +54.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €768,543 | €1,206,735 | +€438,191 | +57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,547 | €50,132 | -€415 | -0.8% |
| Other operating charges | 640/8 | €665 | €682 | +€17 | +2.6% |
| Gross operating margin | 9900 | -€227,398 | -€371,188 | -€143,790 | -63.2% |
| Operating profit (loss) | 9901 | -€278,611 | -€422,002 | -€143,392 | -51.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €55,339 | €64,768 | +€9,429 | +17.0% |
| Recurring financial charges | 65 | €55,339 | €64,768 | +€9,429 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | -€333,950 | -€486,770 | -€152,820 | -45.8% |
| Profit (loss) for the period | 9904 | -€333,950 | -€486,770 | -€152,820 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€333,950 | -€486,770 | -€152,820 | -45.8% |
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 7 October 2026 via checked.be.