AD GOLEX: 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.
AD GOLEX
Largest movements
- Receivables within one year +€12,486
up €12,486 (+26.4%), from €47,241 to €59,727
of which Other amounts receivable: +€10,149
- Cash +€8,660
up €8,660 (+32.1%), from €26,958 to €35,618
mainly Tax, wage and social debts (+€12,988) and Depreciation (+€5,160)
- Tangible fixed assets -€3,922
down €3,922 (-19.2%), from €20,469 to €16,547
of which Furniture and vehicles: -€4,699
- Tax, wage and social debts +€12,988
up €12,988 (+111%), from €11,698 to €24,686
- Profit (loss) carried forward +€4,768
up €4,768 (+49.0%), from €9,729 to €14,497
- Turnover +€32,958
up €32,958 (+26.8%), from €122,777 to €155,735
- Purchases and services +€28,511
up €28,511 (+28.2%), from €101,014 to €129,525
- Taxes +€4,999
new in 2024: €4,999
- Gross operating margin +€3,751
up €3,751 (+16.2%), from €23,148 to €26,899
- Staff costs +€1,755
up €1,755 (+24.7%), from €7,091 to €8,846
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,760 | €111,984 | +€17,224 | +18.2% |
| Fixed assets | 21/28 | €20,561 | €16,639 | -€3,922 | -19.1% |
| Tangible fixed assets | 22/27 | €20,469 | €16,547 | -€3,922 | -19.2% |
| Plant, machinery and equipment | 23 | €1,674 | €2,451 | +€777 | +46.4% |
| Furniture and vehicles | 24 | €18,795 | €14,096 | -€4,699 | -25.0% |
| Financial fixed assets | 28 | €92 | €92 | = | 0.0% |
| Current assets | 29/58 | €74,199 | €95,345 | +€21,146 | +28.5% |
| Amounts receivable within one year | 40/41 | €47,241 | €59,727 | +€12,486 | +26.4% |
| Trade receivables | 40 | €14,702 | €17,039 | +€2,337 | +15.9% |
| Other amounts receivable | 41 | €32,539 | €42,688 | +€10,149 | +31.2% |
| Cash at bank and in hand | 54/58 | €26,958 | €35,618 | +€8,660 | +32.1% |
| Total equity and liabilities | 10/49 | €94,760 | €111,984 | +€17,224 | +18.2% |
| Equity | 10/15 | €15,929 | €20,697 | +€4,768 | +29.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,729 | €14,497 | +€4,768 | +49.0% |
| Amounts payable | 17/49 | €78,831 | €91,287 | +€12,456 | +15.8% |
| Amounts payable within one year | 42/48 | €78,831 | €91,287 | +€12,456 | +15.8% |
| Trade debts | 44 | €16,684 | €16,131 | -€553 | -3.3% |
| Suppliers | 440/4 | €16,684 | €16,131 | -€553 | -3.3% |
| Taxes, remuneration and social security | 45 | €11,698 | €24,686 | +€12,988 | +111% |
| Taxes | 450/3 | €11,698 | €24,686 | +€12,988 | +111% |
| Other amounts payable | 47/48 | €50,449 | €50,470 | +€21 | 0.0% |
| Turnover | 70 | €122,777 | €155,735 | +€32,958 | +26.8% |
| Non-recurring operating income | 76A | €1,385 | €689 | -€696 | -50.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €101,014 | €129,525 | +€28,511 | +28.2% |
| Remuneration, social security and pensions | 62 | €7,091 | €8,846 | +€1,755 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,036 | €5,160 | +€124 | +2.5% |
| Other operating charges | 640/8 | €1,319 | €693 | -€626 | -47.5% |
| Non-recurring operating charges | 66A | €426 | €2,281 | +€1,855 | +435% |
| Gross operating margin | 9900 | €23,148 | €26,899 | +€3,751 | +16.2% |
| Operating profit (loss) | 9901 | €9,276 | €9,919 | +€643 | +6.9% |
| Financial charges | 65/66B | €153 | €152 | -€1 | -0.7% |
| Recurring financial charges | 65 | €153 | €152 | -€1 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €9,123 | €9,767 | +€644 | +7.1% |
| Income taxes | 67/77 | - | €4,999 | +€4,999 | |
| Profit (loss) for the period | 9904 | €9,123 | €4,768 | -€4,355 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,123 | €4,768 | -€4,355 | -47.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.