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golf diffusion

Active Private limited companyfounded 2003active for 23 yearsChaussée de Bruxelles 495, 1410 WaterlooKBO/BCE: BE 0860.761.271
golf diffusion
Financial year 2026
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Annual accounts 2026

abbreviated format, filed on 20-08-2026, 11 days before the deadline
€496,679
▲ 30.1%
€145,317
▲ 44.3%
€178,117
▲ 34.0%
€144,922
▲ 31.2%
54.9%
▼ 9.1 percentage points
2.38
▼ 0.21

The turnover shown is an estimate from the gross margin.

Turnover ≈ €3.4m. Estimated: probably between €1.8m and €5.3m.

Money flows

no detail for 2026

Balance sheet

balance sheet total €1.1m on 31-01-2026
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

54.9%

Higher than 77% of 13,234 companies in 2025.

2.38

Higher than 73% of 13,093 companies in 2025.

10.1%

Higher than 67% of 13,156 companies in 2025.

golf diffusion Middle half of the sector 80% of the sector Abbreviated accounts in retail trade (NACE 47)

Staff

€48,437

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2026, 2 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202620252024202320222021202020192018201720162015201420132012201120102009200813 months2006
Balance sheet: assets
20/58 1.1m948,8311.0m931,625904,475774,901638,758654,224719,258428,908404,215382,595400,875381,133347,171361,321311,902387,249462,676378,017
21/28 57,97889,659120,254150,339178,423199,812230,631264,428295,26449,06851,77354,76460,00568,28769,08970,76878,43180,01787,93896,849
21 750--46485924---280560--4897---264653
22/27 51,97884,409115,004145,043172,688193,638225,381259,178290,01443,53845,96349,51454,75562,98963,74265,51873,18174,76782,42490,946
23 21,29823,88326,46726,97229,35930,50233,86637,33343,98541,24341,04849,51453,81759,20357,85465,51873,18174,76780,97287,695
24 ------1,1133,5583,558439--3771,0261,675---1,4523,251
26 30,68060,52688,537118,071143,329163,136190,402218,287242,4711,8564,915-5612,7604,213-----
28 5,2505,2505,2505,2505,2505,2505,2505,2505,2505,2505,2505,2505,2505,2505,2505,2505,2505,2505,2505,250
29/58 1.1m859,172899,067781,286726,052575,089408,127389,796423,994379,840352,442327,831340,870312,846278,082290,553233,471307,232374,738281,168
3 582,294527,755450,114553,116404,209329,558295,384274,036303,186291,433224,899216,552212,022232,458178,698185,709151,738253,474287,847222,191
30/36 582,294527,755450,114553,116404,209329,558295,384274,036303,186291,433224,899216,552212,022232,458178,698185,709151,738253,474287,847222,191
40/41 145,38990,38643,95535,44934,39514,25420,35838,56346,82923,9599,66714,52926,99431,91340,35319,52412,28816,68142,44220,685
40 122,93190,35613,13523,39027,81114,25418,42616,63124,47118,8796,8979,49810,61216,02827,8369,32712,21316,63042,39920,632
41 22,4583030,82012,0596,584-1,93221,93222,3585,0802,7705,03116,38215,88512,51710,19775514353
54/58 282,521214,533356,336142,198223,966227,79488,01465,44464,76152,857102,89787,82673,34730,81946,21147,30959,58335,56638,24131,128
490/1 42,40626,49848,66250,52363,4823,4834,37111,7539,21811,59114,9798,92428,50717,65612,82038,0119,8621,5116,2087,164
Balance sheet: equity and liabilities
10/49 1.1m948,8311.0m931,625904,475774,901638,758654,224719,258428,908404,215382,595400,875381,133347,171361,321311,902387,249462,676378,017
10/15 609,200607,078716,391655,305527,873355,936246,280266,372278,907284,329248,830202,425181,323174,202158,068116,78557,68021,63911,790-26,749
10/11 18,55018,5506,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,550
101 ------12,35012,35012,35012,35012,35012,35012,35012,35012,35012,35012,35012,35012,35012,350
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860-
130/1 ---1,8601,8601,860--------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860-
1311 ---1,8601,8601,860--------------
133 1,8601,8601,860-----------------
14 588,790586,668708,331647,245519,813347,876238,220258,312270,847276,269240,770194,365173,263166,142150,008108,72549,62013,5793,730-32,949
16 47,007--------------1,3502,128---
160/5 47,007--------------1,3502,128---
164/5 47,007-------------------
17/49 454,381341,753302,930276,320376,602418,965392,478387,852440,351144,579155,385180,170219,552206,931189,103243,186252,094365,610450,886404,766
42/48 442,468331,406291,219256,522339,726390,648354,127343,329391,055140,819152,611177,399216,783204,166186,342240,427249,267362,856448,307402,249
44 303,114277,191250,599207,724247,549237,710197,428147,056160,660113,31198,50999,672102,575111,46172,47283,05177,550107,326200,191147,365
440/4 303,114277,191250,599207,724247,549237,710197,428147,056160,660113,31198,50999,672102,575111,46172,47283,05177,550107,326200,191147,365
46 --------------3,1313,414----
45 79,35454,21540,62048,79848,79869,85631,89335,00330,39527,50844,10237,72734,20832,70540,73953,96241,71739,75332,33939,107
450/3 45,03419,82216,59323,23821,86152,42220,56115,67713,7559,29825,84213,58012,99413,71529,46838,78123,58725,63818,80412,495
454/9 34,32034,39324,02725,56026,93717,43411,33219,32616,64018,21018,26024,14721,21418,99011,27115,18118,13014,11513,53526,612
47/48 60,000---43,37983,082124,806161,270200,000-10,00040,00080,00060,00070,000100,000130,000215,777215,777215,777
492/3 11,91310,34711,71119,79836,87628,31738,35144,52349,2963,7602,7742,7712,7692,7652,7612,7592,8272,7542,5792,517
Income statement
70 -------------------797,287
76A ---------------2,128823--15,036
9900 496,679381,843359,173438,478459,730298,180161,040164,268175,110169,555211,192168,399148,426167,014195,803202,206191,353144,125160,249143,676
60/61 -------------------653,611
62 266,401234,021220,859231,616200,394122,755149,514136,333133,956130,180127,604136,847128,927130,640127,286113,352108,352107,599103,885105,082
630 32,80032,15531,95631,82930,02132,94833,79734,53734,3556,8636,9237,8469,57811,3879,4147,6637,6867,9228,9108,387
631/4 -3,9276,53510,7914,0812,065880-6,582-1,5529,179-17,4975,565-1374,0655,472531-7,26213,9655,407--
635/8 47,007--------------1,3501,3502,128---
640/8 9,0818,40416,9217,4726,5827,0019,4637,2605,3275,1344,7514,6814,7804,5434,6704,7674,5514,6664,5294,102
9901 145,317100,72878,646163,480220,668134,596-25,152-12,310-7,70744,87566,34919,1621,07614,97255,25282,33654,67118,53142,92526,105
75/76B 19,75915,84316,70123,84817,87212,49211,26811,07611,04312,98311,80212,29912,54711,93413,13412,0656,9464,8239,0438,160
75 19,75915,84316,70123,84817,87212,49211,26811,07611,04312,98311,80212,29912,54711,93413,13412,0656,9464,8239,0438,160
65/66B 11,8789,5649,60515,37210,1607,7166,2088,1238,7584,8855,1534,8354,5214,7515,5025,5135,4697,1395,5056,285
65 11,8789,5649,60515,37210,1607,7166,2088,1238,7584,8855,1534,8354,5214,7515,5025,5135,4697,1395,5056,285
9903 153,198107,00785,742171,956228,380139,372-20,092-9,357-5,42252,97372,99826,6269,10222,15562,88491,01656,97116,21546,46343,016
67/77 41,07628,67024,65644,52456,44329,716-3,178-17,47426,5935,5241,9816,02121,60131,91120,9306,3667,924-
9904 112,12278,33761,086127,432171,937109,656-20,092-12,535-5,42235,49946,40521,1027,12116,13441,28359,10536,0419,84938,53943,016
9905 112,12278,33761,086127,432171,937109,656-20,092-12,535-5,42235,49946,40521,1027,12116,13441,28359,10536,0419,84938,53943,016
Appropriation of the result
9906 698,790786,668708,331647,245519,813347,876238,220258,312270,847276,269240,770194,365173,263166,142150,008108,72549,62013,5795,590-32,949
14P 586,668708,331647,245519,813347,876---------------
691/2 ------------------1,860-
6920 ------------------1,860-
694/7 110,000200,000------------------
694 110,000200,000------------------
Social balance sheet
9087 5.55.35.35.54.84.24.13.63.633333.13.32.82.72.82.62.6
Hours worked1013 8,5488,3397,7348,5967,5065,2746,5465,4045,7914,9175,1305,2675,4025,5255,9845,0385,0235,1404,8274,701
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 20-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-01-2026 abbreviated format 20-08-2026 2026-00410364 PDF
31-01-2025 full format 18-07-2025 2025-00289073 PDF
31-01-2024 full format 23-09-2024 2024-00470531 PDF
31-01-2023 full format 24-08-2023 2023-00364532 PDF
31-01-2022 full format 26-09-2022 2022-20437388 PDF
31-01-2021 full format 27-08-2021 2021-56800417 PDF
31-01-2020 full format 11-09-2020 2020-52800098 PDF
31-01-2019 full format 09-09-2019 2019-63900198 PDF
31-01-2018 full format 25-07-2018 2018-37900099 PDF
31-01-2017 full format 25-08-2017 2017-48600539 PDF
31-01-2016 full format 26-08-2016 2016-47900316 PDF
31-01-2015 full format 31-08-2015 2015-54500181 PDF
31-01-2014 full format 22-08-2014 2014-45000234 PDF
31-01-2013 full format 30-08-2013 2013-52200592 PDF
31-01-2012 full format 21-09-2012 2012-57000237 PDF
31-01-2011 full format 13-07-2011 2011-28800356 PDF
31-01-2010 full format 19-07-2010 2010-31800552 PDF
31-01-2009 full format 29-07-2009 2009-50100296 PDF
31-01-2008 full format 10-10-2008 2008-78200387 PDF
31-12-2006 full format 26-07-2007 2007-48100093 PDF
31-12-2005 full format 29-06-2006 2006-36605061 PDF
31-12-2004 full format 05-07-2005 2005-42600954 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202620252024202320222021202020192018201720162015201420132012201120102009200813 months2006
178,117132,883110,602195,309250,689167,5448,64522,22726,64851,73873,27227,00810,65426,35964,66689,99962,35726,45351,83534,492
144,922110,49293,042159,261201,958142,60413,70522,00228,93342,36253,32828,94816,69927,52150,69766,76843,72717,77147,44951,403
1,1201,5601,8713,7448,6332,12903,701280,5514,1583,9332,6051,29510,5847,73506,1011-1147
67,988-141,803214,138-81,768-3,828139,78022,57068311,904-50,04015,07114,47942,528-15,392-1,098-12,27424,017-2,6757,113-
610,142527,766607,848524,764386,326184,44154,00046,46732,939239,021199,831150,432124,087108,68091,74050,126-15,796-55,624-73,569-121,081
-------------------3.3%
54.9%64.0%70.3%70.3%58.4%45.9%38.6%40.7%38.8%66.3%61.6%52.9%45.2%45.7%45.5%32.3%18.5%5.6%2.5%-7.1%
2.382.593.093.052.141.471.151.141.082.702.311.851.571.531.491.210.940.850.840.70
1.061.001.540.890.950.630.320.340.310.630.840.630.590.390.530.440.330.150.190.15
0.750.560.420.420.711.181.591.461.580.510.620.891.211.191.202.084.3716.9038.24-
18.4%12.9%8.5%19.4%32.6%30.8%-8.2%-4.7%-1.9%12.5%18.6%10.4%3.9%9.3%26.1%50.6%62.5%45.5%326.9%-
10.1%8.3%6.0%13.7%19.0%14.2%-3.1%-1.9%-0.8%8.3%11.5%5.5%1.8%4.2%11.9%16.4%11.6%2.5%8.3%11.4%
15.0013.8911.5212.7124.67---------------
-------------------9 days
-------------------82 days

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-01-202631-01-202531-01-202431-01-202331-01-2022
Employees at the balance-sheet date66666
full-time44445
part-time22221
in full-time equivalents5555.25.3
5.55.35.35.54.8
On a permanent contract66556
Joined20222
Left21222

Source: social balance sheet in the 2022 to 2026 annual accounts

Investments

fixed assets acquired
Item31-01-202631-01-202531-01-202431-01-202331-01-2022
Tangible fixed assets-€1,560€1,871€3,744€8,633
Intangible fixed assets€1,120----
€32,800€32,155€31,956€31,829€30,021

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on golf diffusion

The operating result for 2026 is 44% higher than in 2025 and the highest since 2023. It is the second rise in a row, after the fall in 2024.

Debt's share of the balance-sheet total rises from 36.0% to 40.9%. Equity and debt are higher.

Next steps

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