GoBo: 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.
GoBo
Largest movements
- Receivables within one year +€58,043
up €58,043 (+74.7%), from €77,725 to €135,768
of which Trade receivables: +€56,934
- Cash +€51,752
up €51,752 (+505%), from €10,252 to €62,004
mainly Net result for the year (+€148,417) and Depreciation (+€31,201)
- Tangible fixed assets -€14,564
down €14,564 (-7.8%), from €187,254 to €172,690
of which Furniture and vehicles: -€10,504
- Reserves +€148,417
up €148,417 (+203%), from €72,980 to €221,397
- Other debts -€44,214
down €44,214 (-78.3%), from €56,492 to €12,278
- Profit (loss) carried forward -€22,500
down €22,500 (-23.7%), from €95,115 to €72,615
- Tax, wage and social debts +€15,376
up €15,376 (+69.0%), from €22,299 to €37,675
- Gross operating margin +€39,773
up €39,773 (+23.8%), from €167,012 to €206,785
- Depreciation -€38,337
down €38,337 (-55.1%), from €69,538 to €31,201
- Taxes +€26,195
up €26,195 (+123%), from €21,216 to €47,411
- Financial income +€21,362
up €21,362 (+1,004%), from €2,128 to €23,490
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 | €284,330 | €379,741 | +€95,411 | +33.6% |
| Fixed assets | 21/28 | €191,454 | €176,890 | -€14,564 | -7.6% |
| Tangible fixed assets | 22/27 | €187,254 | €172,690 | -€14,564 | -7.8% |
| Land and buildings | 22 | €139,403 | €130,659 | -€8,744 | -6.3% |
| Plant, machinery and equipment | 23 | €28,461 | €33,145 | +€4,684 | +16.5% |
| Furniture and vehicles | 24 | €19,391 | €8,886 | -€10,504 | -54.2% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €92,876 | €202,851 | +€109,975 | +118% |
| Amounts receivable within one year | 40/41 | €77,725 | €135,768 | +€58,043 | +74.7% |
| Trade receivables | 40 | €61,940 | €118,874 | +€56,934 | +91.9% |
| Other amounts receivable | 41 | €15,785 | €16,894 | +€1,109 | +7.0% |
| Cash at bank and in hand | 54/58 | €10,252 | €62,004 | +€51,752 | +505% |
| Deferred charges and accrued income | 490/1 | €4,899 | €5,079 | +€180 | +3.7% |
| Total equity and liabilities | 10/49 | €284,330 | €379,741 | +€95,411 | +33.6% |
| Equity | 10/15 | €174,094 | €300,012 | +€125,917 | +72.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €72,980 | €221,397 | +€148,417 | +203% |
| Distributable reserves | 133 | €72,980 | €221,397 | +€148,417 | +203% |
| Profit (loss) carried forward | 14 | €95,115 | €72,615 | -€22,500 | -23.7% |
| Amounts payable | 17/49 | €110,236 | €79,729 | -€30,507 | -27.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €80,602 | €50,272 | -€30,330 | -37.6% |
| Trade debts | 44 | €1,810 | €318 | -€1,492 | -82.4% |
| Suppliers | 440/4 | €1,810 | €318 | -€1,492 | -82.4% |
| Taxes, remuneration and social security | 45 | €22,299 | €37,675 | +€15,376 | +69.0% |
| Taxes | 450/3 | €22,299 | €37,675 | +€15,376 | +69.0% |
| Other amounts payable | 47/48 | €56,492 | €12,278 | -€44,214 | -78.3% |
| Accrued charges and deferred income | 492/3 | €29,634 | €29,457 | -€177 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,538 | €31,201 | -€38,337 | -55.1% |
| Other operating charges | 640/8 | €1,950 | €1,725 | -€225 | -11.5% |
| Gross operating margin | 9900 | €167,012 | €206,785 | +€39,773 | +23.8% |
| Operating profit (loss) | 9901 | €95,524 | €173,859 | +€78,335 | +82.0% |
| Financial income | 75/76B | €2,128 | €23,490 | +€21,362 | +1,004% |
| Recurring financial income | 75 | €2,128 | €23,490 | +€21,362 | +1,004% |
| Financial charges | 65/66B | €3,456 | €1,520 | -€1,936 | -56.0% |
| Recurring financial charges | 65 | €3,456 | €1,520 | -€1,936 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €94,196 | €195,829 | +€101,633 | +108% |
| Income taxes | 67/77 | €21,216 | €47,411 | +€26,195 | +123% |
| Profit (loss) for the period | 9904 | €72,980 | €148,417 | +€75,438 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €72,980 | €148,417 | +€75,438 | +103% |
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 13 October 2026 via checked.be.