GOE!: what changed
GOE!
Largest movements
- Cash -€4,321
down €4,321 (-99.1%), from €4,360 to €40
mainly Tax, wage and social debts (-€2,798) and Receivables within one year (-€1,972)
- Receivables within one year +€1,972
up €1,972 (+13.0%), from €15,225 to €17,197
of which Trade receivables: +€1,118
- Tangible fixed assets +€762
new in 2025: €762
- Tax, wage and social debts -€2,798
down €2,798 (-94.5%), from €2,960 to €163
- Trade debts +€2,385
up €2,385 (+114%), from €2,085 to €4,470
- Reserves -€1,124
down €1,124 (-16.3%), from €6,891 to €5,767
- Financial charges -€612
down €612 (-26.4%), from €2,323 to €1,711
- Gross operating margin +€596
up €596 (+51.5%), from €1,157 to €1,754
- Other operating charges +€360
up €360 (+93.0%), from €387 to €748
- Depreciation +€257
new in 2025: €257
- Taxes +€35
up €35 (+27.0%), from €128 to €163
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,586 | €17,998 | -€1,587 | -8.1% |
| Fixed assets | 21/28 | - | €762 | +€762 | |
| Tangible fixed assets | 22/27 | - | €762 | +€762 | |
| Furniture and vehicles | 24 | - | €762 | +€762 | |
| Current assets | 29/58 | €19,586 | €17,237 | -€2,349 | -12.0% |
| Amounts receivable within one year | 40/41 | €15,225 | €17,197 | +€1,972 | +13.0% |
| Trade receivables | 40 | €13,470 | €14,588 | +€1,118 | +8.3% |
| Other amounts receivable | 41 | €1,755 | €2,610 | +€854 | +48.7% |
| Cash at bank and in hand | 54/58 | €4,360 | €40 | -€4,321 | -99.1% |
| Total equity and liabilities | 10/49 | €19,586 | €17,998 | -€1,587 | -8.1% |
| Equity | 10/15 | €9,891 | €8,767 | -€1,124 | -11.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,891 | €5,767 | -€1,124 | -16.3% |
| Distributable reserves | 133 | €6,891 | €5,767 | -€1,124 | -16.3% |
| Amounts payable | 17/49 | €9,695 | €9,231 | -€463 | -4.8% |
| Amounts payable within one year | 42/48 | €9,356 | €8,969 | -€387 | -4.1% |
| Trade debts | 44 | €2,085 | €4,470 | +€2,385 | +114% |
| Suppliers | 440/4 | €2,085 | €4,470 | +€2,385 | +114% |
| Taxes, remuneration and social security | 45 | €2,960 | €163 | -€2,798 | -94.5% |
| Taxes | 450/3 | €2,960 | €163 | -€2,798 | -94.5% |
| Other amounts payable | 47/48 | €4,311 | €4,337 | +€26 | +0.6% |
| Accrued charges and deferred income | 492/3 | €339 | €262 | -€77 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €257 | +€257 | |
| Other operating charges | 640/8 | €387 | €748 | +€360 | +93.0% |
| Gross operating margin | 9900 | €1,157 | €1,754 | +€596 | +51.5% |
| Operating profit (loss) | 9901 | €770 | €749 | -€21 | -2.7% |
| Financial charges | 65/66B | €2,323 | €1,711 | -€612 | -26.4% |
| Recurring financial charges | 65 | €2,323 | €1,711 | -€612 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,553 | -€961 | +€592 | +38.1% |
| Income taxes | 67/77 | €128 | €163 | +€35 | +27.0% |
| Profit (loss) for the period | 9904 | -€1,681 | -€1,124 | +€557 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,681 | -€1,124 | +€557 | +33.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.