GOING-2: 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.
GOING-2
Largest movements
- Receivables within one year -€3,907
down €3,907 (-82.8%), from €4,719 to €812
of which Trade receivables: -€4,719
- Debts after one year -€15,000
down €15,000 (-25.0%), from €60,000 to €45,000
- Profit (loss) carried forward +€9,121
up €9,121 (+35.0%), from €26,056 to €35,177
- Trade debts +€2,316
up €2,316 (+8,429%), from €27 to €2,343
- Other debts -€2,134
down €2,134 (-12.9%), from €16,534 to €14,400
- Tax, wage and social debts +€2,062
up €2,062 (+79.4%), from €2,597 to €4,659
- Gross operating margin +€4,923
up €4,923 (+57.8%), from €8,520 to €13,443
- Financial charges +€3,837
up €3,837 (+2,328%), from €165 to €4,002
- Financial income +€2,290
up €2,290 (+112%), from €2,039 to €4,329
of which Financial income: +€2,290
- Taxes +€1,548
up €1,548 (+87.5%), from €1,769 to €3,317
- Depreciation +€512
up €512 (+122%), from €421 to €933
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 | €175,840 | €172,204 | -€3,636 | -2.1% |
| Fixed assets | 21/28 | €147,568 | €146,635 | -€933 | -0.6% |
| Tangible fixed assets | 22/27 | €2,011 | €1,079 | -€932 | -46.4% |
| Furniture and vehicles | 24 | €2,011 | €1,079 | -€932 | -46.4% |
| Financial fixed assets | 28 | €145,556 | €145,556 | -€0 | 0.0% |
| Current assets | 29/58 | €28,272 | €25,569 | -€2,703 | -9.6% |
| Amounts receivable within one year | 40/41 | €4,719 | €812 | -€3,907 | -82.8% |
| Trade receivables | 40 | €4,719 | - | -€4,719 | |
| Other amounts receivable | 41 | €0 | €812 | +€812 | |
| Cash at bank and in hand | 54/58 | €23,553 | €24,757 | +€1,204 | +5.1% |
| Total equity and liabilities | 10/49 | €175,840 | €172,204 | -€3,636 | -2.1% |
| Equity | 10/15 | €96,681 | €105,802 | +€9,121 | +9.4% |
| Contributions | 10/11 | €68,750 | €68,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,056 | €35,177 | +€9,121 | +35.0% |
| Amounts payable | 17/49 | €79,159 | €66,402 | -€12,757 | -16.1% |
| Amounts payable after more than one year | 17 | €60,000 | €45,000 | -€15,000 | -25.0% |
| Financial debts | 170/4 | €60,000 | €45,000 | -€15,000 | -25.0% |
| Amounts payable within one year | 42/48 | €19,159 | €21,402 | +€2,243 | +11.7% |
| Trade debts | 44 | €27 | €2,343 | +€2,316 | +8,429% |
| Suppliers | 440/4 | €27 | €2,343 | +€2,316 | +8,429% |
| Taxes, remuneration and social security | 45 | €2,597 | €4,659 | +€2,062 | +79.4% |
| Taxes | 450/3 | €2,597 | €4,659 | +€2,062 | +79.4% |
| Other amounts payable | 47/48 | €16,534 | €14,400 | -€2,134 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €421 | €933 | +€512 | +122% |
| Other operating charges | 640/8 | €388 | €399 | +€11 | +2.8% |
| Non-recurring operating charges | 66A | €1,500 | - | -€1,500 | |
| Gross operating margin | 9900 | €8,520 | €13,443 | +€4,923 | +57.8% |
| Operating profit (loss) | 9901 | €6,212 | €12,111 | +€5,900 | +95.0% |
| Financial income | 75/76B | €2,039 | €4,329 | +€2,290 | +112% |
| Recurring financial income | 75 | €2,039 | €4,329 | +€2,290 | +112% |
| Non-recurring financial income | 76B | €2,039 | - | -€2,039 | |
| Financial charges | 65/66B | €165 | €4,002 | +€3,837 | +2,328% |
| Recurring financial charges | 65 | €165 | €4,002 | +€3,837 | +2,328% |
| Profit (loss) for the period before taxes | 9903 | €8,086 | €12,438 | +€4,352 | +53.8% |
| Income taxes | 67/77 | €1,769 | €3,317 | +€1,548 | +87.5% |
| Profit (loss) for the period | 9904 | €6,316 | €9,121 | +€2,805 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,316 | €9,121 | +€2,805 | +44.4% |
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 15 October 2026 via checked.be.