Going Project: 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 Project
Largest movements
- Cash +€44,726
up €44,726 (+57.7%), from €77,464 to €122,190
mainly Net result for the year (+€41,223) and Depreciation (+€9,498)
- Tangible fixed assets -€3,325
down €3,325 (-18.4%), from €18,039 to €14,714
of which Furniture and vehicles: -€3,257
- Receivables within one year -€3,182
down €3,182 (-19.8%), from €16,105 to €12,923
of which Other amounts receivable: -€5,835
- Reserves +€31,053
up €31,053 (+29.8%), from €104,054 to €135,107
of which Distributable reserves: +€31,053
- Other debts +€4,026
up €4,026 (+596%), from €676 to €4,702
- Tax, wage and social debts +€3,200
up €3,200 (+132%), from €2,417 to €5,617
of which Remuneration and social security: +€3,200
- Gross operating margin +€24,564
up €24,564 (+57.6%), from €42,681 to €67,245
- Taxes +€5,802
up €5,802 (+61.7%), from €9,406 to €15,208
- Depreciation +€5,257
up €5,257 (+124%), from €4,241 to €9,498
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 | €113,481 | €151,916 | +€38,435 | +33.9% |
| Fixed assets | 21/28 | €18,078 | €14,753 | -€3,325 | -18.4% |
| Tangible fixed assets | 22/27 | €18,039 | €14,714 | -€3,325 | -18.4% |
| Land and buildings | 22 | €48 | - | -€48 | |
| Plant, machinery and equipment | 23 | €20 | - | -€20 | |
| Furniture and vehicles | 24 | €17,971 | €14,714 | -€3,257 | -18.1% |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €95,403 | €137,163 | +€41,760 | +43.8% |
| Amounts receivable within one year | 40/41 | €16,105 | €12,923 | -€3,182 | -19.8% |
| Trade receivables | 40 | €10,270 | €12,923 | +€2,653 | +25.8% |
| Other amounts receivable | 41 | €5,835 | - | -€5,835 | |
| Cash at bank and in hand | 54/58 | €77,464 | €122,190 | +€44,726 | +57.7% |
| Deferred charges and accrued income | 490/1 | €1,834 | €2,050 | +€216 | +11.8% |
| Total equity and liabilities | 10/49 | €113,481 | €151,916 | +€38,435 | +33.9% |
| Equity | 10/15 | €110,254 | €141,307 | +€31,053 | +28.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €104,054 | €135,107 | +€31,053 | +29.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €102,194 | €133,247 | +€31,053 | +30.4% |
| Amounts payable | 17/49 | €3,227 | €10,609 | +€7,382 | +229% |
| Amounts payable within one year | 42/48 | €3,093 | €10,609 | +€7,516 | +243% |
| Trade debts | 44 | - | €290 | +€290 | |
| Suppliers | 440/4 | - | €290 | +€290 | |
| Taxes, remuneration and social security | 45 | €2,417 | €5,617 | +€3,200 | +132% |
| Taxes | 450/3 | €2,417 | €2,417 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €3,200 | +€3,200 | |
| Other amounts payable | 47/48 | €676 | €4,702 | +€4,026 | +596% |
| Accrued charges and deferred income | 492/3 | €134 | - | -€134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,241 | €9,498 | +€5,257 | +124% |
| Other operating charges | 640/8 | €486 | €501 | +€15 | +3.1% |
| Gross operating margin | 9900 | €42,681 | €67,245 | +€24,564 | +57.6% |
| Operating profit (loss) | 9901 | €37,954 | €57,246 | +€19,292 | +50.8% |
| Financial income | 75/76B | €1 | €2 | +€1 | +100% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +100% |
| Financial charges | 65/66B | €917 | €817 | -€100 | -10.9% |
| Recurring financial charges | 65 | €917 | €817 | -€100 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €37,038 | €56,431 | +€19,393 | +52.4% |
| Income taxes | 67/77 | €9,406 | €15,208 | +€5,802 | +61.7% |
| Profit (loss) for the period | 9904 | €27,632 | €41,223 | +€13,591 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,632 | €41,223 | +€13,591 | +49.2% |
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 18 October 2026 via checked.be.