GoForth: 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.
GoForth
Largest movements
- Receivables within one year +€118,392
up €118,392 (+578%), from €20,489 to €138,881
of which Other amounts receivable: +€127,146
- Cash -€83,965
down €83,965 (-25.2%), from €332,697 to €248,733
mainly Receivables within one year (-€118,392) and Tax, wage and social debts (-€28,478)
- Profit (loss) carried forward +€74,660
up €74,660 (+25.1%), from €297,393 to €372,053
- Tax, wage and social debts -€28,478
down €28,478 (-77.0%), from €36,977 to €8,500
- Other debts -€14,962
down €14,962 (-94.4%), from €15,853 to €891
- Gross operating margin -€7,239
down €7,239 (-7.3%), from €98,893 to €91,654
- Financial income +€3,201
up €3,201 (+10,670,300%), from €0 to €3,201
- Taxes -€1,914
down €1,914 (-8.9%), from €21,440 to €19,525
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 | €355,223 | €388,296 | +€33,073 | +9.3% |
| Current assets | 29/58 | €355,223 | €388,296 | +€33,073 | +9.3% |
| Amounts receivable within one year | 40/41 | €20,489 | €138,881 | +€118,392 | +578% |
| Trade receivables | 40 | €20,489 | €11,736 | -€8,753 | -42.7% |
| Other amounts receivable | 41 | - | €127,146 | +€127,146 | |
| Cash at bank and in hand | 54/58 | €332,697 | €248,733 | -€83,965 | -25.2% |
| Deferred charges and accrued income | 490/1 | €2,037 | €682 | -€1,355 | -66.5% |
| Total equity and liabilities | 10/49 | €355,223 | €388,296 | +€33,073 | +9.3% |
| Equity | 10/15 | €302,393 | €377,053 | +€74,660 | +24.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €297,393 | €372,053 | +€74,660 | +25.1% |
| Amounts payable | 17/49 | €52,830 | €11,243 | -€41,588 | -78.7% |
| Amounts payable within one year | 42/48 | €52,830 | €11,243 | -€41,588 | -78.7% |
| Trade debts | 44 | - | €1,853 | +€1,853 | |
| Suppliers | 440/4 | - | €1,853 | +€1,853 | |
| Taxes, remuneration and social security | 45 | €36,977 | €8,500 | -€28,478 | -77.0% |
| Taxes | 450/3 | €36,977 | €8,500 | -€28,478 | -77.0% |
| Other amounts payable | 47/48 | €15,853 | €891 | -€14,962 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301 | - | -€301 | |
| Other operating charges | 640/8 | €493 | €505 | +€12 | +2.4% |
| Gross operating margin | 9900 | €98,893 | €91,654 | -€7,239 | -7.3% |
| Operating profit (loss) | 9901 | €98,099 | €91,148 | -€6,950 | -7.1% |
| Financial income | 75/76B | €0 | €3,201 | +€3,201 | +10,670,300% |
| Recurring financial income | 75 | €0 | €3,201 | +€3,201 | +10,670,300% |
| Financial charges | 65/66B | €129 | €164 | +€35 | +27.1% |
| Recurring financial charges | 65 | €129 | €164 | +€35 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €97,970 | €94,186 | -€3,784 | -3.9% |
| Income taxes | 67/77 | €21,440 | €19,525 | -€1,914 | -8.9% |
| Profit (loss) for the period | 9904 | €76,530 | €74,660 | -€1,870 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,530 | €74,660 | -€1,870 | -2.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.