BETTERGOLF: 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.
BETTERGOLF
Largest movements
- Receivables within one year +€14,005
up €14,005 (+365.1%), from €3,836 to €17,841
- Cash -€4,221
down €4,221 (-24.5%), from €17,230 to €13,010
mainly Receivables within one year (-€14,005) and Investment in fixed assets (net) (-€2,808)
- Tangible fixed assets +€1,399
up €1,399 (+109.4%), from €1,279 to €2,677
- Trade debts +€6,837
up €6,837 (+168.6%), from €4,054 to €10,891
- Tax, wage and social debts +€5,157
up €5,157 (+181.7%), from €2,839 to €7,996
- Current portion of long-term debt -€1,467
no longer reported in 2024 (was €1,467)
- Accrued charges and deferred income +€1,400
up €1,400 (+31.8%), from €4,400 to €5,800
- Profit (loss) carried forward -€745
down €745 (-15.6%), from -€4,766 to -€5,511
- Turnover +€9,616
up €9,616 (+3.6%), from €267,518 to €277,134
- Gross operating margin +€9,375
up €9,375, from -€6,802 to €2,573
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.
Cash bridge derived
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 | €22,345 | €33,527 | +€11,182 | +50.0% |
| Fixed assets | 21/28 | €1,279 | €2,677 | +€1,399 | +109.4% |
| Tangible fixed assets | 22/27 | €1,279 | €2,677 | +€1,399 | +109.4% |
| Furniture and vehicles | 24 | €1,279 | €2,677 | +€1,399 | +109.4% |
| Current assets | 29/58 | €21,066 | €30,850 | +€9,784 | +46.4% |
| Amounts receivable within one year | 40/41 | €3,836 | €17,841 | +€14,005 | +365.1% |
| Trade receivables | 40 | €3,836 | €17,841 | +€14,005 | +365.1% |
| Cash at bank and in hand | 54/58 | €17,230 | €13,010 | -€4,221 | -24.5% |
| Total equity and liabilities | 10/49 | €22,345 | €33,527 | +€11,182 | +50.0% |
| Equity | 10/15 | €1,434 | €689 | -€745 | -52.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,766 | -€5,511 | -€745 | -15.6% |
| Amounts payable | 17/49 | €20,911 | €32,838 | +€11,927 | +57.0% |
| Amounts payable within one year | 42/48 | €16,511 | €27,038 | +€10,527 | +63.8% |
| Current portion of amounts payable after more than one year | 42 | €1,467 | - | -€1,467 | |
| Trade debts | 44 | €4,054 | €10,891 | +€6,837 | +168.6% |
| Suppliers | 440/4 | €4,054 | €10,891 | +€6,837 | +168.6% |
| Taxes, remuneration and social security | 45 | €2,839 | €7,996 | +€5,157 | +181.7% |
| Taxes | 450/3 | €2,839 | €7,996 | +€5,157 | +181.7% |
| Other amounts payable | 47/48 | €8,151 | €8,151 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,400 | €5,800 | +€1,400 | +31.8% |
| Turnover | 70 | €267,518 | €277,134 | +€9,616 | +3.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €274,320 | €274,561 | +€240 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,836 | €1,410 | -€2,426 | -63.3% |
| Other operating charges | 640/8 | €788 | €807 | +€20 | +2.5% |
| Gross operating margin | 9900 | -€6,802 | €2,573 | +€9,375 | |
| Operating profit (loss) | 9901 | -€11,425 | €356 | +€11,782 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €567 | €463 | -€104 | -18.3% |
| Recurring financial charges | 65 | €567 | €463 | -€104 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,989 | -€107 | +€11,882 | +99.1% |
| Income taxes | 67/77 | €296 | €638 | +€342 | +115.5% |
| Profit (loss) for the period | 9904 | -€12,285 | -€745 | +€11,540 | +93.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,285 | -€745 | +€11,540 | +93.9% |
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 11 October 2026 via checked.be.