GOGREEN CAPITAL: 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.
GOGREEN CAPITAL
Largest movements
- Current investments -€954,001
down €954,001 (-36.6%), from €2.6m to €1.7m
- Financial fixed assets +€463,884
up €463,884 (+10.9%), from €4.2m to €4.7m
- Cash -€159,499
down €159,499 (-93.3%), from €170,986 to €11,487
mainly Net result for the year (-€668,605) and Investment in fixed assets (net) (-€463,884)
- Profit (loss) carried forward -€668,605
down €668,605 (-6.7%), from -€10.0m to -€10.6m
- Financial charges +€453,219
up €453,219 (+745.2%), from €60,819 to €514,038
of which Non-recurring financial charges: +€335,095
- Financial income -€33,246
down €33,246 (-15.1%), from €220,828 to €187,582
- Taxes -€32,614
down €32,614 (-66.9%), from €48,750 to €16,136
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 | €7,036,727 | €6,378,393 | -€658,334 | -9.4% |
| Fixed assets | 21/28 | €4,243,720 | €4,703,727 | +€460,007 | +10.8% |
| Tangible fixed assets | 22/27 | €6,901 | €3,025 | -€3,876 | -56.2% |
| Furniture and vehicles | 24 | €6,901 | €3,025 | -€3,876 | -56.2% |
| Financial fixed assets | 28 | €4,236,818 | €4,700,702 | +€463,884 | +10.9% |
| Current assets | 29/58 | €2,793,007 | €1,674,666 | -€1.1m | -40.0% |
| Current investments | 50/53 | €2,606,147 | €1,652,145 | -€954,001 | -36.6% |
| Cash at bank and in hand | 54/58 | €170,986 | €11,487 | -€159,499 | -93.3% |
| Deferred charges and accrued income | 490/1 | €15,875 | €11,034 | -€4,841 | -30.5% |
| Total equity and liabilities | 10/49 | €7,036,727 | €6,378,393 | -€658,334 | -9.4% |
| Equity | 10/15 | €7,029,637 | €6,361,032 | -€668,605 | -9.5% |
| Contributions | 10/11 | €17,000,000 | €17,000,000 | = | 0.0% |
| Capital | 10 | €17,000,000 | €17,000,000 | = | 0.0% |
| Issued capital | 100 | €17,000,000 | €17,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,970,363 | -€10,638,968 | -€668,605 | -6.7% |
| Amounts payable | 17/49 | €7,089 | €17,361 | +€10,272 | +144.9% |
| Amounts payable within one year | 42/48 | €7,089 | €17,361 | +€10,272 | +144.9% |
| Trade debts | 44 | €3,721 | €12,058 | +€8,337 | +224.1% |
| Suppliers | 440/4 | €3,721 | €12,058 | +€8,337 | +224.1% |
| Other amounts payable | 47/48 | €3,369 | €5,303 | +€1,934 | +57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,876 | €3,876 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Non-recurring operating charges | 66A | €1,147,435 | - | -€1.1m | |
| Gross operating margin | 9900 | -€319,103 | -€321,138 | -€2,035 | -0.6% |
| Operating profit (loss) | 9901 | -€1,471,382 | -€326,013 | +€1.1m | +77.8% |
| Financial income | 75/76B | €220,828 | €187,582 | -€33,246 | -15.1% |
| Recurring financial income | 75 | €220,828 | €187,582 | -€33,246 | -15.1% |
| Financial charges | 65/66B | €60,819 | €514,038 | +€453,219 | +745.2% |
| Recurring financial charges | 65 | €60,819 | €178,944 | +€118,125 | +194.2% |
| Non-recurring financial charges | 66B | - | €335,095 | +€335,095 | |
| Profit (loss) for the period before taxes | 9903 | -€1,311,373 | -€652,469 | +€658,904 | +50.2% |
| Income taxes | 67/77 | €48,750 | €16,136 | -€32,614 | -66.9% |
| Profit (loss) for the period | 9904 | -€1,360,123 | -€668,605 | +€691,518 | +50.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,360,123 | -€668,605 | +€691,518 | +50.8% |
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 9 October 2026 via checked.be.