myGO GROUP: 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.
myGO GROUP
Largest movements
- Receivables within one year -€181,840
down €181,840 (-11.4%), from €1.6m to €1.4m
of which Trade receivables: -€149,152
- Cash -€123,241
down €123,241 (-57.8%), from €213,077 to €89,836
mainly Trade debts (-€493,015) and Contributions, distributions and other (-€211,760)
- Trade debts -€493,015
down €493,015 (-28.1%), from €1.8m to €1.3m
- Tax, wage and social debts +€114,610
up €114,610 (+75.5%), from €151,893 to €266,503
of which Taxes: +€100,596
- Reserves +€87,225
up €87,225 (+57.4%), from €151,860 to €239,085
of which Distributable reserves: +€87,225
- Gross operating margin +€174,258
up €174,258 (+32.2%), from €540,779 to €715,037
- Staff costs +€93,311
up €93,311 (+69.3%), from €134,569 to €227,880
- Taxes +€51,428
up €51,428 (+53.3%), from €96,486 to €147,914
- Financial income +€10,177
up €10,177 (+876%), from €1,162 to €11,339
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 | €2,381,181 | €2,092,243 | -€288,938 | -12.1% |
| Fixed assets | 21/28 | €576,356 | €591,711 | +€15,355 | +2.7% |
| Tangible fixed assets | 22/27 | €358,088 | €365,443 | +€7,355 | +2.1% |
| Land and buildings | 22 | €344,425 | €335,017 | -€9,408 | -2.7% |
| Plant, machinery and equipment | 23 | €4,583 | €6,457 | +€1,874 | +40.9% |
| Furniture and vehicles | 24 | €9,080 | €23,969 | +€14,889 | +164% |
| Financial fixed assets | 28 | €218,268 | €226,268 | +€8,000 | +3.7% |
| Current assets | 29/58 | €1,804,825 | €1,500,532 | -€304,293 | -16.9% |
| Amounts receivable within one year | 40/41 | €1,590,398 | €1,408,558 | -€181,840 | -11.4% |
| Trade receivables | 40 | €1,511,897 | €1,362,745 | -€149,152 | -9.9% |
| Other amounts receivable | 41 | €78,501 | €45,812 | -€32,689 | -41.6% |
| Current investments | 50/53 | €483 | €483 | -€0 | -0.1% |
| Cash at bank and in hand | 54/58 | €213,077 | €89,836 | -€123,241 | -57.8% |
| Deferred charges and accrued income | 490/1 | €867 | €1,656 | +€789 | +91.0% |
| Total equity and liabilities | 10/49 | €2,381,181 | €2,092,243 | -€288,938 | -12.1% |
| Equity | 10/15 | €170,460 | €257,685 | +€87,225 | +51.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,860 | €239,085 | +€87,225 | +57.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €237,225 | +€87,225 | +58.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,210,721 | €1,834,558 | -€376,163 | -17.0% |
| Amounts payable after more than one year | 17 | €198,215 | €178,732 | -€19,483 | -9.8% |
| Financial debts | 170/4 | €198,215 | €178,732 | -€19,483 | -9.8% |
| Amounts payable within one year | 42/48 | €2,012,506 | €1,655,700 | -€356,806 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €19,175 | €19,405 | +€230 | +1.2% |
| Financial debts | 43 | - | €10,953 | +€10,953 | |
| Credit institutions | 430/8 | - | €10,953 | +€10,953 | |
| Trade debts | 44 | €1,754,993 | €1,261,978 | -€493,015 | -28.1% |
| Suppliers | 440/4 | €1,754,993 | €1,261,978 | -€493,015 | -28.1% |
| Advances received on contracts in progress | 46 | - | €18,150 | +€18,150 | |
| Taxes, remuneration and social security | 45 | €151,893 | €266,503 | +€114,610 | +75.5% |
| Taxes | 450/3 | €129,950 | €230,546 | +€100,596 | +77.4% |
| Remuneration and social security | 454/9 | €21,943 | €35,957 | +€14,014 | +63.9% |
| Other amounts payable | 47/48 | €86,445 | €78,711 | -€7,734 | -8.9% |
| Accrued charges and deferred income | 492/3 | - | €126 | +€126 | |
| Remuneration, social security and pensions | 62 | €134,569 | €227,880 | +€93,311 | +69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,294 | €19,429 | +€4,135 | +27.0% |
| Other operating charges | 640/8 | €11,103 | €10,380 | -€723 | -6.5% |
| Gross operating margin | 9900 | €540,779 | €715,037 | +€174,258 | +32.2% |
| Operating profit (loss) | 9901 | €379,813 | €457,347 | +€77,534 | +20.4% |
| Financial income | 75/76B | €1,162 | €11,339 | +€10,177 | +876% |
| Recurring financial income | 75 | €1,162 | €11,339 | +€10,177 | +876% |
| Financial charges | 65/66B | €17,251 | €21,787 | +€4,536 | +26.3% |
| Recurring financial charges | 65 | €17,251 | €21,787 | +€4,536 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €363,724 | €446,899 | +€83,175 | +22.9% |
| Income taxes | 67/77 | €96,486 | €147,914 | +€51,428 | +53.3% |
| Profit (loss) for the period | 9904 | €267,238 | €298,985 | +€31,747 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €267,238 | €298,985 | +€31,747 | +11.9% |
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 27 October 2026 via checked.be.