LETSGO CITY: 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.
LETSGO CITY
Largest movements
- Cash -€174,105
down €174,105 (-72.1%), from €241,370 to €67,265
mainly Receivables within one year (-€101,841) and Tax, wage and social debts (-€31,534)
- Receivables within one year +€101,841
up €101,841 (+70.5%), from €144,468 to €246,309
of which Trade receivables: +€101,841
- Financial fixed assets +€9,865
up €9,865 (+103%), from €9,600 to €19,465
- Tax, wage and social debts -€31,534
down €31,534 (-41.0%), from €76,937 to €45,403
of which Taxes: -€23,472
- Trade debts -€29,087
down €29,087 (-55.9%), from €52,033 to €22,946
- Staff costs +€66,919
up €66,919 (+28.1%), from €238,150 to €305,069
- Gross operating margin +€49,672
up €49,672 (+17.0%), from €291,646 to €341,317
- Write-downs +€28,860
new in 2025: €28,860
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 | €398,904 | €338,797 | -€60,107 | -15.1% |
| Fixed assets | 21/28 | €12,602 | €20,804 | +€8,201 | +65.1% |
| Tangible fixed assets | 22/27 | €3,002 | €1,339 | -€1,664 | -55.4% |
| Furniture and vehicles | 24 | €3,002 | €1,339 | -€1,664 | -55.4% |
| Financial fixed assets | 28 | €9,600 | €19,465 | +€9,865 | +103% |
| Current assets | 29/58 | €386,302 | €317,993 | -€68,308 | -17.7% |
| Amounts receivable within one year | 40/41 | €144,468 | €246,309 | +€101,841 | +70.5% |
| Trade receivables | 40 | €143,142 | €244,984 | +€101,841 | +71.1% |
| Other amounts receivable | 41 | €1,326 | €1,326 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €241,370 | €67,265 | -€174,105 | -72.1% |
| Deferred charges and accrued income | 490/1 | €464 | €4,420 | +€3,956 | +853% |
| Total equity and liabilities | 10/49 | €398,904 | €338,797 | -€60,107 | -15.1% |
| Equity | 10/15 | €269,934 | €270,448 | +€514 | +0.2% |
| Contributions | 10/11 | €498,659 | €498,659 | = | 0.0% |
| Capital | 10 | €498,659 | €498,659 | = | 0.0% |
| Issued capital | 100 | €511,059 | €511,059 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228,725 | -€228,211 | +€514 | +0.2% |
| Amounts payable | 17/49 | €128,970 | €68,348 | -€60,621 | -47.0% |
| Amounts payable within one year | 42/48 | €128,970 | €68,348 | -€60,621 | -47.0% |
| Trade debts | 44 | €52,033 | €22,946 | -€29,087 | -55.9% |
| Suppliers | 440/4 | €52,033 | €22,946 | -€29,087 | -55.9% |
| Taxes, remuneration and social security | 45 | €76,937 | €45,403 | -€31,534 | -41.0% |
| Taxes | 450/3 | €34,798 | €11,326 | -€23,472 | -67.5% |
| Remuneration and social security | 454/9 | €42,139 | €34,077 | -€8,063 | -19.1% |
| Remuneration, social security and pensions | 62 | €238,150 | €305,069 | +€66,919 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,799 | €1,664 | -€2,135 | -56.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €28,860 | +€28,860 | |
| Other operating charges | 640/8 | €992 | €840 | -€152 | -15.3% |
| Non-recurring operating charges | 66A | - | €2,024 | +€2,024 | |
| Gross operating margin | 9900 | €291,646 | €341,317 | +€49,672 | +17.0% |
| Operating profit (loss) | 9901 | €48,705 | €2,861 | -€45,844 | -94.1% |
| Financial income | 75/76B | €29 | €93 | +€64 | +222% |
| Recurring financial income | 75 | €29 | €93 | +€64 | +222% |
| Financial charges | 65/66B | €1,908 | €1,910 | +€2 | +0.1% |
| Recurring financial charges | 65 | €1,908 | €1,910 | +€2 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €46,826 | €1,044 | -€45,782 | -97.8% |
| Income taxes | 67/77 | €214 | €530 | +€316 | +147% |
| Profit (loss) for the period | 9904 | €46,612 | €514 | -€46,098 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,612 | €514 | -€46,098 | -98.9% |
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 14 October 2026 via checked.be.