GOGO: 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.
GOGO
Largest movements
- Receivables within one year -€16,809
down €16,809 (-24.5%), from €68,592 to €51,783
of which Other amounts receivable: -€18,696
- Tangible fixed assets -€12,417
down €12,417 (-10.5%), from €118,435 to €106,018
of which Other tangible fixed assets: -€7,081
- Profit (loss) carried forward -€68,506
down €68,506 (-96.3%), from €71,124 to €2,618
- Other debts +€39,991
new in 2025: €39,991
- Debts after one year -€5,454
down €5,454 (-5.1%), from €107,929 to €102,476
- Tax, wage and social debts +€4,533
up €4,533 (+337%), from €1,345 to €5,877
- Financial income +€875
up €875 (+8,837%), from €10 to €885
- Gross operating margin +€763
up €763 (+4.5%), from €16,896 to €17,659
- Taxes +€703
up €703 (+459%), from €153 to €856
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 | €195,970 | €167,269 | -€28,701 | -14.6% |
| Fixed assets | 21/28 | €126,089 | €112,313 | -€13,776 | -10.9% |
| Intangible fixed assets | 21 | €7,654 | €6,295 | -€1,359 | -17.8% |
| Tangible fixed assets | 22/27 | €118,435 | €106,018 | -€12,417 | -10.5% |
| Land and buildings | 22 | €57,425 | €54,669 | -€2,756 | -4.8% |
| Furniture and vehicles | 24 | €5,913 | €3,333 | -€2,580 | -43.6% |
| Other tangible fixed assets | 26 | €55,096 | €48,015 | -€7,081 | -12.9% |
| Current assets | 29/58 | €69,881 | €54,956 | -€14,925 | -21.4% |
| Amounts receivable within one year | 40/41 | €68,592 | €51,783 | -€16,809 | -24.5% |
| Trade receivables | 40 | €49,707 | €51,594 | +€1,887 | +3.8% |
| Other amounts receivable | 41 | €18,885 | €189 | -€18,696 | -99.0% |
| Cash at bank and in hand | 54/58 | €1,289 | €3,172 | +€1,884 | +146% |
| Total equity and liabilities | 10/49 | €195,970 | €167,269 | -€28,701 | -14.6% |
| Equity | 10/15 | €73,624 | €5,118 | -€68,506 | -93.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,124 | €2,618 | -€68,506 | -96.3% |
| Amounts payable | 17/49 | €122,345 | €162,150 | +€39,805 | +32.5% |
| Amounts payable after more than one year | 17 | €107,929 | €102,476 | -€5,454 | -5.1% |
| Financial debts | 170/4 | €107,929 | €102,476 | -€5,454 | -5.1% |
| Amounts payable within one year | 42/48 | €13,550 | €59,193 | +€45,643 | +337% |
| Current portion of amounts payable after more than one year | 42 | €5,367 | €5,454 | +€87 | +1.6% |
| Trade debts | 44 | €6,839 | €7,871 | +€1,032 | +15.1% |
| Suppliers | 440/4 | €6,839 | €7,871 | +€1,032 | +15.1% |
| Taxes, remuneration and social security | 45 | €1,345 | €5,877 | +€4,533 | +337% |
| Taxes | 450/3 | €1,345 | €5,877 | +€4,533 | +337% |
| Other amounts payable | 47/48 | - | €39,991 | +€39,991 | |
| Accrued charges and deferred income | 492/3 | €866 | €482 | -€384 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,895 | €13,776 | -€119 | -0.9% |
| Other operating charges | 640/8 | €430 | €400 | -€30 | -7.0% |
| Gross operating margin | 9900 | €16,896 | €17,659 | +€763 | +4.5% |
| Operating profit (loss) | 9901 | €2,571 | €3,484 | +€913 | +35.5% |
| Financial income | 75/76B | €10 | €885 | +€875 | +8,837% |
| Recurring financial income | 75 | €10 | €885 | +€875 | +8,837% |
| Financial charges | 65/66B | €2,048 | €2,018 | -€30 | -1.4% |
| Recurring financial charges | 65 | €2,048 | €2,018 | -€30 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €533 | €2,350 | +€1,817 | +341% |
| Income taxes | 67/77 | €153 | €856 | +€703 | +459% |
| Profit (loss) for the period | 9904 | €380 | €1,494 | +€1,114 | +293% |
| Profit (loss) for the period to be appropriated | 9905 | €380 | €1,494 | +€1,114 | +293% |
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.