GoWell: 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.
GoWell
Largest movements
- Tangible fixed assets -€60,628
down €60,628 (-14.9%), from €405,988 to €345,360
of which Land and buildings: -€60,440
- Other debts +€156,123
up €156,123 (+1126.8%), from €13,855 to €169,979
- Profit (loss) carried forward -€152,868
down €152,868 (-20.6%), from -€742,735 to -€895,603
- Short-term financial debts -€50,000
no longer reported in 2025 (was €50,000)
- Revaluation surpluses -€16,941
down €16,941 (-18.7%), from €90,352 to €73,411
- Reserves +€16,941
up €16,941 (+8.2%), from €207,083 to €224,024
of which Distributable reserves: +€16,941
- Gross operating margin -€119,294
down €119,294, from €34,866 to -€84,428
- Purchases and services +€102,254
new in 2025: €102,254
- Staff costs -€86,508
down €86,508 (-98.9%), from €87,499 to €992
- Other operating charges -€20,119
down €20,119 (-97.5%), from €20,640 to €521
- Financial charges -€4,629
down €4,629 (-74.2%), from €6,237 to €1,608
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 | €411,398 | €346,971 | -€64,428 | -15.7% |
| Fixed assets | 21/28 | €405,988 | €345,360 | -€60,628 | -14.9% |
| Tangible fixed assets | 22/27 | €405,988 | €345,360 | -€60,628 | -14.9% |
| Land and buildings | 22 | €405,800 | €345,360 | -€60,440 | -14.9% |
| Plant, machinery and equipment | 23 | €188 | - | -€188 | |
| Current assets | 29/58 | €5,411 | €1,611 | -€3,800 | -70.2% |
| Amounts receivable within one year | 40/41 | €308 | - | -€308 | |
| Trade receivables | 40 | €158 | - | -€158 | |
| Other amounts receivable | 41 | €150 | - | -€150 | |
| Cash at bank and in hand | 54/58 | €5,103 | €1,611 | -€3,492 | -68.4% |
| Total equity and liabilities | 10/49 | €411,398 | €346,971 | -€64,428 | -15.7% |
| Equity | 10/15 | €301,700 | €148,832 | -€152,868 | -50.7% |
| Contributions | 10/11 | €747,000 | €747,000 | = | 0.0% |
| Revaluation surpluses | 12 | €90,352 | €73,411 | -€16,941 | -18.7% |
| Reserves | 13 | €207,083 | €224,024 | +€16,941 | +8.2% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €150,833 | €167,774 | +€16,941 | +11.2% |
| Profit (loss) carried forward | 14 | -€742,735 | -€895,603 | -€152,868 | -20.6% |
| Amounts payable | 17/49 | €109,699 | €198,138 | +€88,440 | +80.6% |
| Amounts payable within one year | 42/48 | €108,556 | €198,138 | +€89,583 | +82.5% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Credit institutions | 430/8 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €31,443 | €28,082 | -€3,361 | -10.7% |
| Suppliers | 440/4 | €31,443 | €28,082 | -€3,361 | -10.7% |
| Taxes, remuneration and social security | 45 | €13,258 | €78 | -€13,179 | -99.4% |
| Taxes | 450/3 | €2,113 | €78 | -€2,035 | -96.3% |
| Remuneration and social security | 454/9 | €11,145 | - | -€11,145 | |
| Other amounts payable | 47/48 | €13,855 | €169,979 | +€156,123 | +1126.8% |
| Accrued charges and deferred income | 492/3 | €1,143 | - | -€1,143 | |
| Turnover | 70 | - | €854 | +€854 | |
| Non-recurring operating income | 76A | - | €16,500 | +€16,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €102,254 | +€102,254 | |
| Remuneration, social security and pensions | 62 | €87,499 | €992 | -€86,508 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,165 | €60,628 | -€538 | -0.9% |
| Other operating charges | 640/8 | €20,640 | €521 | -€20,119 | -97.5% |
| Non-recurring operating charges | 66A | - | €4,811 | +€4,811 | |
| Gross operating margin | 9900 | €34,866 | -€84,428 | -€119,294 | |
| Operating profit (loss) | 9901 | -€134,438 | -€151,379 | -€16,941 | -12.6% |
| Financial income | 75/76B | €5 | €142 | +€137 | +2748.1% |
| Recurring financial income | 75 | €5 | €68 | +€63 | +1275.1% |
| Non-recurring financial income | 76B | - | €73 | +€73 | |
| Financial charges | 65/66B | €6,237 | €1,608 | -€4,629 | -74.2% |
| Recurring financial charges | 65 | €6,237 | €1,608 | -€4,629 | -74.2% |
| Profit (loss) for the period before taxes | 9903 | -€140,671 | -€152,846 | -€12,175 | -8.7% |
| Income taxes | 67/77 | €312 | €22 | -€290 | -93.0% |
| Profit (loss) for the period | 9904 | -€140,982 | -€152,868 | -€11,885 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€140,982 | -€152,868 | -€11,885 | -8.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.