GOOGLE BELGIUM: 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.
What changed
GOOGLE BELGIUM
NACE 62.900, Other information technology and computer services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12.4m
2024 · €13.0m-€610,823
Equity
€77.8m
2024 · €65.4m+€12.4m
Cash
-
not filed
Balance sheet total
€104.6m
2024 · €85.6m+€19.1m
Largest movements
Assets
- Receivables within one year +€19.4m
up €19.4m (+23.5%), from €82.3m to €101.6m
Equity and liabilities
- Profit (loss) carried forward +€12.4m
up €12.4m (+19.2%), from €64.6m to €77.0m
- Tax, wage and social debts +€6.3m
up €6.3m (+39.9%), from €15.9m to €22.2m
Income statement
- Turnover +€3.3m
up €3.3m (+3.5%), from €92.5m to €95.8m
- Staff costs +€2.1m
up €2.1m (+3.5%), from €60.5m to €62.6m
- Services and other goods +€983,104
up €983,104 (+6.4%), from €15.3m to €16.3m
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.
Result 2024
€13.0m
Turnover
+€3.3m
Services and other goods
-€983,104
Staff costs
-€2.1m
Depreciation
-€36,104
Other operating charges
-€58,857
Financial income
-€810,741
Financial charges
+€19,844
Taxes
+€127,882
Result 2025
€12.4m
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,577,037 | €104,649,374 | +€19.1m | +22.3% |
| Fixed assets | 21/28 | €2,833,877 | €2,458,531 | -€375,346 | -13.2% |
| Tangible fixed assets | 22/27 | €2,833,877 | €2,458,531 | -€375,346 | -13.2% |
| Plant, machinery and equipment | 23 | €696,631 | €720,818 | +€24,186 | +3.5% |
| Furniture and vehicles | 24 | €14,416 | €118,859 | +€104,444 | +724.5% |
| Other tangible fixed assets | 26 | €2,121,147 | €1,527,470 | -€593,678 | -28.0% |
| Assets under construction and advance payments | 27 | €1,683 | €91,384 | +€89,701 | +5330.6% |
| Current assets | 29/58 | €82,743,160 | €102,190,843 | +€19.4m | +23.5% |
| Amounts receivable within one year | 40/41 | €82,258,310 | €101,623,049 | +€19.4m | +23.5% |
| Other amounts receivable | 41 | €82,258,310 | €101,623,049 | +€19.4m | +23.5% |
| Deferred charges and accrued income | 490/1 | €484,850 | €567,794 | +€82,944 | +17.1% |
| Total equity and liabilities | 10/49 | €85,577,037 | €104,649,374 | +€19.1m | +22.3% |
| Equity | 10/15 | €65,427,185 | €77,801,920 | +€12.4m | +18.9% |
| Contributions | 10/11 | €770,000 | €770,000 | = | 0.0% |
| Capital | 10 | €770,000 | €770,000 | = | 0.0% |
| Issued capital | 100 | €770,000 | €770,000 | = | 0.0% |
| Reserves | 13 | €77,000 | €77,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €77,000 | €77,000 | = | 0.0% |
| Legal reserve | 130 | €77,000 | €77,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,580,185 | €76,954,920 | +€12.4m | +19.2% |
| Amounts payable | 17/49 | €20,149,852 | €26,847,454 | +€6.7m | +33.2% |
| Amounts payable within one year | 42/48 | €20,039,110 | €26,759,130 | +€6.7m | +33.5% |
| Trade debts | 44 | €4,148,815 | €4,313,509 | +€164,694 | +4.0% |
| Suppliers | 440/4 | €4,148,815 | €4,313,509 | +€164,694 | +4.0% |
| Taxes, remuneration and social security | 45 | €15,890,010 | €22,229,640 | +€6.3m | +39.9% |
| Remuneration and social security | 454/9 | €15,890,010 | €22,229,640 | +€6.3m | +39.9% |
| Other amounts payable | 47/48 | €285 | €215,981 | +€215,696 | +75682.8% |
| Accrued charges and deferred income | 492/3 | €110,742 | €88,324 | -€22,418 | -20.2% |
| Operating income | 70/76A | €92,512,761 | €95,789,805 | +€3.3m | +3.5% |
| Turnover | 70 | €92,512,761 | €95,789,805 | +€3.3m | +3.5% |
| Operating charges | 60/66A | €77,348,643 | €80,573,496 | +€3.2m | +4.2% |
| Services and other goods | 61 | €15,301,073 | €16,284,177 | +€983,104 | +6.4% |
| Remuneration, social security and pensions | 62 | €60,493,567 | €62,640,354 | +€2.1m | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,209,351 | €1,245,456 | +€36,104 | +3.0% |
| Other operating charges | 640/8 | €344,653 | €403,509 | +€58,857 | +17.1% |
| Operating profit (loss) | 9901 | €15,164,117 | €15,216,309 | +€52,192 | +0.3% |
| Financial income | 75/76B | €2,425,830 | €1,615,089 | -€810,741 | -33.4% |
| Recurring financial income | 75 | €2,425,830 | €1,615,089 | -€810,741 | -33.4% |
| Other financial income | 752/9 | €2,425,830 | €1,615,089 | -€810,741 | -33.4% |
| Financial charges | 65/66B | €19,844 | - | -€19,844 | |
| Recurring financial charges | 65 | €19,844 | - | -€19,844 | |
| Other financial charges | 652/9 | €19,844 | - | -€19,844 | |
| Profit (loss) for the period before taxes | 9903 | €17,570,104 | €16,831,398 | -€738,705 | -4.2% |
| Income taxes | 67/77 | €4,584,545 | €4,456,663 | -€127,882 | -2.8% |
| Taxes | 670/3 | €4,584,545 | €4,456,663 | -€127,882 | -2.8% |
| Profit (loss) for the period | 9904 | €12,985,558 | €12,374,735 | -€610,823 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,985,558 | €12,374,735 | -€610,823 | -4.7% |
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 10 October 2026 via checked.be.