J-GO: 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.
J-GO
Largest movements
- Cash -€15,015
down €15,015 (-19.7%), from €76,043 to €61,027
mainly Contributions, distributions and other (-€150,000) and Other debts (-€50,000)
- Receivables within one year -€8,065
down €8,065 (-6.4%), from €125,697 to €117,631
of which Trade receivables: -€23,065
- Tangible fixed assets +€3,015
up €3,015 (+355.5%), from €848 to €3,864
of which Plant, machinery and equipment: +€1,690
- Other debts -€50,000
down €50,000 (-50.0%), from €100,000 to €50,000
- Tax, wage and social debts +€17,262
up €17,262 (+41.1%), from €41,961 to €59,222
- Profit (loss) carried forward +€13,212
up €13,212 (+21.9%), from €60,298 to €73,510
- Depreciation -€4,854
down €4,854 (-84.0%), from €5,780 to €926
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 | €203,879 | €183,830 | -€20,049 | -9.8% |
| Fixed assets | 21/28 | €998 | €4,014 | +€3,015 | +302.0% |
| Tangible fixed assets | 22/27 | €848 | €3,864 | +€3,015 | +355.5% |
| Plant, machinery and equipment | 23 | - | €1,690 | +€1,690 | |
| Furniture and vehicles | 24 | €848 | €2,173 | +€1,325 | +156.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €202,881 | €179,817 | -€23,064 | -11.4% |
| Amounts receivable within one year | 40/41 | €125,697 | €117,631 | -€8,065 | -6.4% |
| Trade receivables | 40 | €125,697 | €102,631 | -€23,065 | -18.3% |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €76,043 | €61,027 | -€15,015 | -19.7% |
| Deferred charges and accrued income | 490/1 | €1,141 | €1,158 | +€16 | +1.4% |
| Total equity and liabilities | 10/49 | €203,879 | €183,830 | -€20,049 | -9.8% |
| Equity | 10/15 | €61,298 | €74,510 | +€13,212 | +21.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,298 | €73,510 | +€13,212 | +21.9% |
| Amounts payable | 17/49 | €142,581 | €109,320 | -€33,261 | -23.3% |
| Amounts payable within one year | 42/48 | €142,581 | €109,320 | -€33,261 | -23.3% |
| Financial debts | 43 | €169 | €38 | -€132 | -77.7% |
| Credit institutions | 430/8 | €169 | €38 | -€132 | -77.7% |
| Trade debts | 44 | €451 | €60 | -€391 | -86.7% |
| Suppliers | 440/4 | €451 | €60 | -€391 | -86.7% |
| Taxes, remuneration and social security | 45 | €41,961 | €59,222 | +€17,262 | +41.1% |
| Taxes | 450/3 | €41,961 | €59,222 | +€17,262 | +41.1% |
| Other amounts payable | 47/48 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,780 | €926 | -€4,854 | -84.0% |
| Other operating charges | 640/8 | €387 | €435 | +€48 | +12.3% |
| Gross operating margin | 9900 | €212,756 | €213,499 | +€742 | +0.3% |
| Operating profit (loss) | 9901 | €206,589 | €212,138 | +€5,549 | +2.7% |
| Financial income | 75/76B | €1,925 | €459 | -€1,466 | -76.2% |
| Recurring financial income | 75 | €1,925 | €459 | -€1,466 | -76.2% |
| Financial charges | 65/66B | €114 | €114 | = | 0.0% |
| Recurring financial charges | 65 | €114 | €114 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €208,400 | €212,482 | +€4,082 | +2.0% |
| Income taxes | 67/77 | €49,901 | €49,270 | -€630 | -1.3% |
| Profit (loss) for the period | 9904 | €158,499 | €163,212 | +€4,713 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €158,499 | €163,212 | +€4,713 | +3.0% |
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 6 October 2026 via checked.be.