GOit: what changed
Two fiscal 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.
GOit
Largest movements
- Cash -€249,655
down €249,655 (-61.9%), from €403,490 to €153,835
mainly Contributions, distributions and other (-€428,000) and Receivables within one year (-€175,471)
- Receivables within one year +€175,471
up €175,471 (+55.0%), from €318,968 to €494,439
of which Trade receivables: +€168,472
- Stocks and contracts +€19,989
up €19,989 (+70.6%), from €28,301 to €48,290
- Tangible fixed assets -€12,362
down €12,362 (-9.9%), from €125,201 to €112,839
of which Furniture and vehicles: -€11,012
- Other debts -€72,000
down €72,000 (-14.4%), from €500,000 to €428,000
- Reserves +€17,200
up €17,200 (+9.5%), from €181,665 to €198,865
- Gross operating margin -€52,762
down €52,762 (-5.1%), from €1.0m to €976,966
- Staff costs +€26,034
up €26,034 (+5.6%), from €461,576 to €487,610
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 | €882,583 | €816,897 | -€65,686 | -7.4% |
| Fixed assets | 21/28 | €125,201 | €112,839 | -€12,362 | -9.9% |
| Tangible fixed assets | 22/27 | €125,201 | €112,839 | -€12,362 | -9.9% |
| Land and buildings | 22 | €72,804 | €73,006 | +€202 | +0.3% |
| Plant, machinery and equipment | 23 | €2,178 | €626 | -€1,552 | -71.3% |
| Furniture and vehicles | 24 | €50,219 | €39,207 | -€11,012 | -21.9% |
| Current assets | 29/58 | €757,383 | €704,058 | -€53,325 | -7.0% |
| Stocks and contracts in progress | 3 | €28,301 | €48,290 | +€19,989 | +70.6% |
| Stocks | 30/36 | €28,301 | €48,290 | +€19,989 | +70.6% |
| Amounts receivable within one year | 40/41 | €318,968 | €494,439 | +€175,471 | +55.0% |
| Trade receivables | 40 | €318,434 | €486,906 | +€168,472 | +52.9% |
| Other amounts receivable | 41 | €534 | €7,533 | +€6,999 | +1310.4% |
| Cash at bank and in hand | 54/58 | €403,490 | €153,835 | -€249,655 | -61.9% |
| Deferred charges and accrued income | 490/1 | €6,624 | €7,494 | +€870 | +13.1% |
| Total equity and liabilities | 10/49 | €882,583 | €816,897 | -€65,686 | -7.4% |
| Equity | 10/15 | €187,865 | €205,065 | +€17,200 | +9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €181,665 | €198,865 | +€17,200 | +9.5% |
| Distributable reserves | 133 | €181,665 | €198,865 | +€17,200 | +9.5% |
| Amounts payable | 17/49 | €694,719 | €611,832 | -€82,886 | -11.9% |
| Amounts payable within one year | 42/48 | €689,893 | €611,445 | -€78,448 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €2,222 | - | -€2,222 | |
| Trade debts | 44 | €98,932 | €103,334 | +€4,402 | +4.4% |
| Suppliers | 440/4 | €98,932 | €103,334 | +€4,402 | +4.4% |
| Taxes, remuneration and social security | 45 | €88,740 | €80,111 | -€8,628 | -9.7% |
| Taxes | 450/3 | €14,870 | €1,183 | -€13,687 | -92.0% |
| Remuneration and social security | 454/9 | €73,870 | €78,928 | +€5,059 | +6.8% |
| Other amounts payable | 47/48 | €500,000 | €428,000 | -€72,000 | -14.4% |
| Accrued charges and deferred income | 492/3 | €4,826 | €387 | -€4,438 | -92.0% |
| Non-recurring operating income | 76A | - | €905 | +€905 | |
| Remuneration, social security and pensions | 62 | €461,576 | €487,610 | +€26,034 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,769 | €34,181 | -€2,588 | -7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,068 | +€3,068 | |
| Other operating charges | 640/8 | €8,783 | €5,618 | -€3,165 | -36.0% |
| Gross operating margin | 9900 | €1,029,729 | €976,966 | -€52,762 | -5.1% |
| Operating profit (loss) | 9901 | €522,600 | €446,489 | -€76,111 | -14.6% |
| Financial income | 75/76B | €15,818 | €13,860 | -€1,958 | -12.4% |
| Recurring financial income | 75 | €15,818 | €13,860 | -€1,958 | -12.4% |
| Financial charges | 65/66B | €785 | €620 | -€165 | -21.0% |
| Recurring financial charges | 65 | €785 | €620 | -€165 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €537,633 | €459,729 | -€77,904 | -14.5% |
| Income taxes | 67/77 | €19,173 | €14,529 | -€4,643 | -24.2% |
| Profit (loss) for the period | 9904 | €518,460 | €445,200 | -€73,260 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €518,460 | €445,200 | -€73,260 | -14.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.