LET'S GOOS: 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.
LET'S GOOS
Largest movements
- Tangible fixed assets -€24,347
down €24,347 (-37.7%), from €64,513 to €40,165
- Cash +€16,670
up €16,670 (+292%), from €5,701 to €22,371
mainly Net result for the year (+€25,600) and Investment in fixed assets (net) (+€13,682)
- Deferred charges and accrued income -€2,460
down €2,460 (-55.4%), from €4,439 to €1,980
- Receivables after one year -€2,000
down €2,000 (-25.0%), from €8,000 to €6,000
- Other debts -€29,173
down €29,173 (-48.0%), from €60,736 to €31,563
- Reserves +€20,000
new in 2025: €20,000
- Profit (loss) carried forward -€12,486
no longer reported in 2025 (was €12,486)
- Tax, wage and social debts +€8,447
up €8,447 (+194%), from €4,347 to €12,794
- Trade debts +€5,230
up €5,230 (+126%), from €4,155 to €9,385
- Staff costs -€10,885
down €10,885 (-97.2%), from €11,194 to €309
- Gross operating margin +€4,917
up €4,917 (+11.2%), from €43,894 to €48,811
- Taxes +€2,000
up €2,000 (+21.4%), from €9,347 to €11,347
- Depreciation +€658
up €658 (+6.6%), from €10,007 to €10,665
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 | €103,865 | €92,341 | -€11,524 | -11.1% |
| Fixed assets | 21/28 | €64,597 | €40,249 | -€24,347 | -37.7% |
| Tangible fixed assets | 22/27 | €64,513 | €40,165 | -€24,347 | -37.7% |
| Furniture and vehicles | 24 | €64,513 | €40,165 | -€24,347 | -37.7% |
| Financial fixed assets | 28 | €84 | €84 | = | 0.0% |
| Current assets | 29/58 | €39,268 | €52,092 | +€12,824 | +32.7% |
| Amounts receivable after more than one year | 29 | €8,000 | €6,000 | -€2,000 | -25.0% |
| Other amounts receivable | 291 | €8,000 | €6,000 | -€2,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €21,128 | €21,741 | +€613 | +2.9% |
| Trade receivables | 40 | €15,070 | €18,455 | +€3,386 | +22.5% |
| Other amounts receivable | 41 | €6,059 | €3,286 | -€2,772 | -45.8% |
| Cash at bank and in hand | 54/58 | €5,701 | €22,371 | +€16,670 | +292% |
| Deferred charges and accrued income | 490/1 | €4,439 | €1,980 | -€2,460 | -55.4% |
| Total equity and liabilities | 10/49 | €103,865 | €92,341 | -€11,524 | -11.1% |
| Equity | 10/15 | €31,086 | €38,600 | +€7,514 | +24.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €12,486 | - | -€12,486 | |
| Amounts payable | 17/49 | €72,779 | €53,741 | -€19,038 | -26.2% |
| Amounts payable within one year | 42/48 | €72,779 | €53,741 | -€19,038 | -26.2% |
| Trade debts | 44 | €4,155 | €9,385 | +€5,230 | +126% |
| Suppliers | 440/4 | €4,155 | €9,385 | +€5,230 | +126% |
| Advances received on contracts in progress | 46 | €3,541 | - | -€3,541 | |
| Taxes, remuneration and social security | 45 | €4,347 | €12,794 | +€8,447 | +194% |
| Taxes | 450/3 | €4,347 | €12,794 | +€8,447 | +194% |
| Other amounts payable | 47/48 | €60,736 | €31,563 | -€29,173 | -48.0% |
| Remuneration, social security and pensions | 62 | €11,194 | €309 | -€10,885 | -97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,007 | €10,665 | +€658 | +6.6% |
| Other operating charges | 640/8 | €1,205 | €1,146 | -€60 | -5.0% |
| Gross operating margin | 9900 | €43,894 | €48,811 | +€4,917 | +11.2% |
| Operating profit (loss) | 9901 | €21,488 | €36,691 | +€15,204 | +70.8% |
| Financial income | 75/76B | €434 | €378 | -€57 | -13.0% |
| Recurring financial income | 75 | €434 | €378 | -€57 | -13.0% |
| Financial charges | 65/66B | €89 | €122 | +€33 | +36.8% |
| Recurring financial charges | 65 | €89 | €122 | +€33 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | €21,833 | €36,948 | +€15,114 | +69.2% |
| Income taxes | 67/77 | €9,347 | €11,347 | +€2,000 | +21.4% |
| Profit (loss) for the period | 9904 | €12,486 | €25,600 | +€13,114 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €12,486 | €25,600 | +€13,114 | +105% |
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 27 October 2026 via checked.be.