RED GO SRL: 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.
RED GO SRL
Largest movements
- Receivables within one year +€20,372
up €20,372 (+169%), from €12,076 to €32,448
- Cash +€11,052
up €11,052 (+28.2%), from €39,198 to €50,250
mainly Net result for the year (+€70,056) and Tax, wage and social debts (+€3,829)
- Tangible fixed assets -€1,469
down €1,469 (-20.3%), from €7,244 to €5,775
of which Plant, machinery and equipment: -€759
- Reserves +€61,500
up €61,500 (+473%), from €13,000 to €74,500
- Other debts -€42,232
down €42,232 (-87.4%), from €48,324 to €6,092
- Profit (loss) carried forward +€6,890
up €6,890, from -€6,827 to €63
- Tax, wage and social debts +€3,829
up €3,829 (+84.8%), from €4,515 to €8,344
- Gross operating margin +€129,082
up €129,082, from -€40,444 to €88,638
- Taxes +€15,235
up €15,235 (+10,920%), from €140 to €15,375
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 | €60,245 | €90,465 | +€30,219 | +50.2% |
| Fixed assets | 21/28 | €7,244 | €5,775 | -€1,469 | -20.3% |
| Tangible fixed assets | 22/27 | €7,244 | €5,775 | -€1,469 | -20.3% |
| Plant, machinery and equipment | 23 | €6,293 | €5,534 | -€759 | -12.1% |
| Furniture and vehicles | 24 | €951 | €241 | -€710 | -74.6% |
| Current assets | 29/58 | €53,001 | €84,689 | +€31,688 | +59.8% |
| Amounts receivable within one year | 40/41 | €12,076 | €32,448 | +€20,372 | +169% |
| Trade receivables | 40 | €12,076 | €32,448 | +€20,372 | +169% |
| Cash at bank and in hand | 54/58 | €39,198 | €50,250 | +€11,052 | +28.2% |
| Deferred charges and accrued income | 490/1 | €1,727 | €1,992 | +€264 | +15.3% |
| Total equity and liabilities | 10/49 | €60,245 | €90,465 | +€30,219 | +50.2% |
| Equity | 10/15 | €7,173 | €75,563 | +€68,390 | +953% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €74,500 | +€61,500 | +473% |
| Distributable reserves | 133 | €13,000 | €74,500 | +€61,500 | +473% |
| Profit (loss) carried forward | 14 | -€6,827 | €63 | +€6,890 | |
| Amounts payable | 17/49 | €53,072 | €14,902 | -€38,170 | -71.9% |
| Amounts payable within one year | 42/48 | €53,064 | €14,893 | -€38,170 | -71.9% |
| Trade debts | 44 | €224 | €457 | +€233 | +104% |
| Suppliers | 440/4 | €224 | €457 | +€233 | +104% |
| Taxes, remuneration and social security | 45 | €4,515 | €8,344 | +€3,829 | +84.8% |
| Taxes | 450/3 | €4,515 | €8,344 | +€3,829 | +84.8% |
| Other amounts payable | 47/48 | €48,324 | €6,092 | -€42,232 | -87.4% |
| Accrued charges and deferred income | 492/3 | €9 | €9 | +€0 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,469 | €1,469 | +€0 | 0.0% |
| Other operating charges | 640/8 | €601 | €547 | -€54 | -9.0% |
| Gross operating margin | 9900 | -€40,444 | €88,638 | +€129,082 | |
| Operating profit (loss) | 9901 | -€42,514 | €86,622 | +€129,136 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,317 | €1,192 | -€125 | -9.5% |
| Recurring financial charges | 65 | €1,317 | €1,192 | -€125 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€43,827 | €85,430 | +€129,257 | |
| Income taxes | 67/77 | €140 | €15,375 | +€15,235 | +10,920% |
| Profit (loss) for the period | 9904 | -€43,966 | €70,056 | +€114,022 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,966 | €70,056 | +€114,022 |
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 25 October 2026 via checked.be.