LetzGo: 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.
LetzGo
Largest movements
- Cash +€17,493
up €17,493 (+58.4%), from €29,977 to €47,469
mainly Depreciation (+€14,896) and Net result for the year (+€6,272)
- Tangible fixed assets -€5,993
down €5,993 (-14.2%), from €42,085 to €36,091
of which Furniture and vehicles: -€3,014
- Receivables within one year -€3,894
down €3,894 (-23.5%), from €16,546 to €12,651
of which Trade receivables: -€1,975
- Deferred charges and accrued income -€3,530
down €3,530 (-77.5%), from €4,556 to €1,026
- Other debts +€5,597
up €5,597 (+72.2%), from €7,750 to €13,347
- Tax, wage and social debts +€3,620
up €3,620 (+81.8%), from €4,427 to €8,047
- Current portion of long-term debt -€2,021
down €2,021 (-20.7%), from €9,743 to €7,722
- Trade debts -€1,595
down €1,595 (-58.8%), from €2,712 to €1,118
- Reserves -€1,556
down €1,556 (-2.7%), from €57,651 to €56,094
- Depreciation +€4,856
up €4,856 (+48.4%), from €10,040 to €14,896
- Gross operating margin +€3,661
up €3,661 (+15.4%), from €23,792 to €27,452
- Financial charges -€709
down €709 (-27.6%), from €2,572 to €1,863
- Other operating charges +€329
up €329 (+43.4%), from €758 to €1,087
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 | €93,163 | €97,238 | +€4,075 | +4.4% |
| Fixed assets | 21/28 | €42,085 | €36,091 | -€5,993 | -14.2% |
| Tangible fixed assets | 22/27 | €42,085 | €36,091 | -€5,993 | -14.2% |
| Land and buildings | 22 | €2,781 | €1,806 | -€975 | -35.1% |
| Plant, machinery and equipment | 23 | €104 | €0 | -€104 | -100.0% |
| Furniture and vehicles | 24 | €22,560 | €19,546 | -€3,014 | -13.4% |
| Other tangible fixed assets | 26 | €16,640 | €14,740 | -€1,900 | -11.4% |
| Current assets | 29/58 | €51,078 | €61,147 | +€10,069 | +19.7% |
| Amounts receivable within one year | 40/41 | €16,546 | €12,651 | -€3,894 | -23.5% |
| Trade receivables | 40 | €13,928 | €11,953 | -€1,975 | -14.2% |
| Other amounts receivable | 41 | €2,618 | €699 | -€1,919 | -73.3% |
| Cash at bank and in hand | 54/58 | €29,977 | €47,469 | +€17,493 | +58.4% |
| Deferred charges and accrued income | 490/1 | €4,556 | €1,026 | -€3,530 | -77.5% |
| Total equity and liabilities | 10/49 | €93,163 | €97,238 | +€4,075 | +4.4% |
| Equity | 10/15 | €57,651 | €56,094 | -€1,556 | -2.7% |
| Reserves | 13 | €57,651 | €56,094 | -€1,556 | -2.7% |
| Distributable reserves | 133 | €57,651 | €56,094 | -€1,556 | -2.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €35,512 | €41,144 | +€5,632 | +15.9% |
| Amounts payable after more than one year | 17 | €10,724 | €10,724 | = | 0.0% |
| Financial debts | 170/4 | €10,724 | €10,724 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,788 | €30,419 | +€5,632 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €9,743 | €7,722 | -€2,021 | -20.7% |
| Financial debts | 43 | €155 | €186 | +€30 | +19.6% |
| Credit institutions | 430/8 | €155 | €186 | +€30 | +19.6% |
| Trade debts | 44 | €2,712 | €1,118 | -€1,595 | -58.8% |
| Suppliers | 440/4 | €2,712 | €1,118 | -€1,595 | -58.8% |
| Taxes, remuneration and social security | 45 | €4,427 | €8,047 | +€3,620 | +81.8% |
| Taxes | 450/3 | €4,427 | €8,047 | +€3,620 | +81.8% |
| Other amounts payable | 47/48 | €7,750 | €13,347 | +€5,597 | +72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,040 | €14,896 | +€4,856 | +48.4% |
| Other operating charges | 640/8 | €758 | €1,087 | +€329 | +43.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €23,792 | €27,452 | +€3,661 | +15.4% |
| Operating profit (loss) | 9901 | €12,994 | €11,470 | -€1,525 | -11.7% |
| Financial income | 75/76B | €67 | €13 | -€54 | -80.8% |
| Recurring financial income | 75 | €67 | €13 | -€54 | -80.8% |
| Financial charges | 65/66B | €2,572 | €1,863 | -€709 | -27.6% |
| Recurring financial charges | 65 | €2,572 | €1,863 | -€709 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €10,489 | €9,619 | -€870 | -8.3% |
| Income taxes | 67/77 | €3,502 | €3,347 | -€155 | -4.4% |
| Profit (loss) for the period | 9904 | €6,987 | €6,272 | -€715 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,987 | €6,272 | -€715 | -10.2% |
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.