GOAHEAD: 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.
GOAHEAD
Largest movements
- Stocks and contracts -€2,615
down €2,615 (-30.7%), from €8,520 to €5,905
- Receivables within one year +€963
up €963 (+53.7%), from €1,794 to €2,757
of which Trade receivables: +€956
- Cash -€277
down €277 (-20.1%), from €1,380 to €1,103
mainly Other debts (-€4,012) and Net result for the year (-€3,260)
- Other debts -€4,012
down €4,012 (-52.4%), from €7,662 to €3,650
- Advances received +€3,328
new in 2025: €3,328
- Profit (loss) carried forward -€3,260
down €3,260 (-18.3%), from -€17,840 to -€21,100
- Trade debts +€2,469
up €2,469 (+87.6%), from €2,818 to €5,287
- Tax, wage and social debts -€454
no longer reported in 2025 (was €454)
- Gross operating margin -€4,797
down €4,797, from €35 to -€4,762
- Taxes +€600
new in 2025: €600
- Financial income +€312
up €312 (+11.7%), from €2,660 to €2,972
of which Non-recurring financial income: +€308
- Other operating charges +€259
up €259 (+109.3%), from €237 to €496
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 | €11,694 | €9,765 | -€1,929 | -16.5% |
| Current assets | 29/58 | €11,694 | €9,765 | -€1,929 | -16.5% |
| Stocks and contracts in progress | 3 | €8,520 | €5,905 | -€2,615 | -30.7% |
| Stocks | 30/36 | €8,520 | €5,905 | -€2,615 | -30.7% |
| Amounts receivable within one year | 40/41 | €1,794 | €2,757 | +€963 | +53.7% |
| Trade receivables | 40 | €1,794 | €2,750 | +€956 | +53.3% |
| Other amounts receivable | 41 | - | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €1,380 | €1,103 | -€277 | -20.1% |
| Total equity and liabilities | 10/49 | €11,694 | €9,765 | -€1,929 | -16.5% |
| Equity | 10/15 | €760 | -€2,500 | -€3,260 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,840 | -€21,100 | -€3,260 | -18.3% |
| Amounts payable | 17/49 | €10,934 | €12,265 | +€1,331 | +12.2% |
| Amounts payable within one year | 42/48 | €10,934 | €12,265 | +€1,331 | +12.2% |
| Trade debts | 44 | €2,818 | €5,287 | +€2,469 | +87.6% |
| Suppliers | 440/4 | €2,818 | €5,287 | +€2,469 | +87.6% |
| Advances received on contracts in progress | 46 | - | €3,328 | +€3,328 | |
| Taxes, remuneration and social security | 45 | €454 | - | -€454 | |
| Taxes | 450/3 | €454 | - | -€454 | |
| Other amounts payable | 47/48 | €7,662 | €3,650 | -€4,012 | -52.4% |
| Other operating charges | 640/8 | €237 | €496 | +€259 | +109.3% |
| Gross operating margin | 9900 | €35 | -€4,762 | -€4,797 | |
| Operating profit (loss) | 9901 | -€202 | -€5,258 | -€5,056 | -2503.0% |
| Financial income | 75/76B | €2,660 | €2,972 | +€312 | +11.7% |
| Recurring financial income | 75 | €2,660 | €4 | -€2,656 | -99.8% |
| Non-recurring financial income | 76B | €2,660 | €2,968 | +€308 | +11.6% |
| Financial charges | 65/66B | €336 | €374 | +€38 | +11.3% |
| Recurring financial charges | 65 | €336 | €374 | +€38 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €2,122 | -€2,660 | -€4,782 | |
| Income taxes | 67/77 | - | €600 | +€600 | |
| Profit (loss) for the period | 9904 | €2,122 | -€3,260 | -€5,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,122 | -€3,260 | -€5,382 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.