GOinvest: 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.
GOinvest
Largest movements
- Cash +€142,590
up €142,590 (+913%), from €15,611 to €158,201
mainly Other debts (+€100,000) and Current investments (+€100,000)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€28,840
down €28,840 (-8.8%), from €325,879 to €297,039
- Other debts +€100,000
new in 2025: €100,000
- Reserves -€63,093
down €63,093 (-58.6%), from €107,685 to €44,593
- Debts after one year -€26,243
down €26,243 (-8.7%), from €302,274 to €276,031
- Gross operating margin +€5,678
up €5,678 (+6.6%), from €85,682 to €91,360
- Financial income -€1,231
no longer reported in 2025 (was €1,231)
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 | €455,350 | €466,850 | +€11,500 | +2.5% |
| Fixed assets | 21/28 | €332,079 | €303,239 | -€28,840 | -8.7% |
| Tangible fixed assets | 22/27 | €325,879 | €297,039 | -€28,840 | -8.8% |
| Other tangible fixed assets | 26 | €325,879 | €297,039 | -€28,840 | -8.8% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €123,271 | €163,611 | +€40,340 | +32.7% |
| Amounts receivable within one year | 40/41 | €1,323 | - | -€1,323 | |
| Other amounts receivable | 41 | €1,323 | - | -€1,323 | |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €15,611 | €158,201 | +€142,590 | +913% |
| Deferred charges and accrued income | 490/1 | €6,338 | €5,410 | -€928 | -14.6% |
| Total equity and liabilities | 10/49 | €455,350 | €466,850 | +€11,500 | +2.5% |
| Equity | 10/15 | €126,285 | €63,193 | -€63,093 | -50.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,685 | €44,593 | -€63,093 | -58.6% |
| Distributable reserves | 133 | €107,685 | €44,593 | -€63,093 | -58.6% |
| Amounts payable | 17/49 | €329,065 | €403,657 | +€74,592 | +22.7% |
| Amounts payable after more than one year | 17 | €302,274 | €276,031 | -€26,243 | -8.7% |
| Financial debts | 170/4 | €302,274 | €276,031 | -€26,243 | -8.7% |
| Amounts payable within one year | 42/48 | €26,791 | €127,627 | +€100,836 | +376% |
| Current portion of amounts payable after more than one year | 42 | €25,746 | €26,243 | +€498 | +1.9% |
| Trade debts | 44 | €150 | €150 | = | 0.0% |
| Suppliers | 440/4 | €150 | €150 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €895 | €1,233 | +€338 | +37.8% |
| Taxes | 450/3 | €895 | €1,233 | +€338 | +37.8% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,840 | €28,840 | = | 0.0% |
| Other operating charges | 640/8 | €5,791 | €6,110 | +€319 | +5.5% |
| Gross operating margin | 9900 | €85,682 | €91,360 | +€5,678 | +6.6% |
| Operating profit (loss) | 9901 | €51,051 | €56,410 | +€5,359 | +10.5% |
| Financial income | 75/76B | €1,231 | - | -€1,231 | |
| Recurring financial income | 75 | €1,231 | - | -€1,231 | |
| Financial charges | 65/66B | €6,703 | €7,201 | +€498 | +7.4% |
| Recurring financial charges | 65 | €6,703 | €7,201 | +€498 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €45,580 | €49,210 | +€3,630 | +8.0% |
| Income taxes | 67/77 | €11,395 | €12,302 | +€907 | +8.0% |
| Profit (loss) for the period | 9904 | €34,185 | €36,907 | +€2,722 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,185 | €36,907 | +€2,722 | +8.0% |
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 30 October 2026 via checked.be.