DEN GOUDEN EIK: 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.
DEN GOUDEN EIK
Largest movements
- Intangible fixed assets -€13,482
down €13,482 (-22.9%), from €58,756 to €45,274
- Cash -€13,132
down €13,132 (-44.5%), from €29,502 to €16,370
mainly Other debts (-€43,667) and Debts after one year (-€14,989)
- Receivables within one year +€5,802
up €5,802 (+10.7%), from €54,338 to €60,140
of which Trade receivables: +€12,152
- Tangible fixed assets -€4,375
down €4,375 (-70.6%), from €6,194 to €1,819
- Other debts -€43,667
down €43,667 (-69.2%), from €63,088 to €19,421
- Trade debts +€17,551
up €17,551 (+110%), from €15,999 to €33,551
- Debts after one year -€14,989
down €14,989 (-70.3%), from €21,319 to €6,329
- Tax, wage and social debts +€9,063
up €9,063 (+68.3%), from €13,261 to €22,324
of which Taxes: +€8,268
- Reserves +€7,680
up €7,680 (+214%), from €3,582 to €11,262
- Gross operating margin +€9,035
up €9,035 (+7.0%), from €128,342 to €137,377
- Staff costs +€3,946
up €3,946 (+3.8%), from €103,261 to €107,207
- Depreciation -€3,065
down €3,065 (-14.7%), from €20,922 to €17,857
- Taxes +€2,627
new in 2025: €2,627
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 | €150,558 | €126,477 | -€24,081 | -16.0% |
| Fixed assets | 21/28 | €64,950 | €47,093 | -€17,857 | -27.5% |
| Intangible fixed assets | 21 | €58,756 | €45,274 | -€13,482 | -22.9% |
| Tangible fixed assets | 22/27 | €6,194 | €1,819 | -€4,375 | -70.6% |
| Plant, machinery and equipment | 23 | €1,387 | - | -€1,387 | |
| Furniture and vehicles | 24 | €1,168 | - | -€1,168 | |
| Other tangible fixed assets | 26 | €3,639 | €1,819 | -€1,819 | -50.0% |
| Current assets | 29/58 | €85,608 | €79,383 | -€6,224 | -7.3% |
| Amounts receivable within one year | 40/41 | €54,338 | €60,140 | +€5,802 | +10.7% |
| Trade receivables | 40 | €47,213 | €59,365 | +€12,152 | +25.7% |
| Other amounts receivable | 41 | €7,125 | €775 | -€6,350 | -89.1% |
| Cash at bank and in hand | 54/58 | €29,502 | €16,370 | -€13,132 | -44.5% |
| Deferred charges and accrued income | 490/1 | €1,768 | €2,874 | +€1,106 | +62.5% |
| Total equity and liabilities | 10/49 | €150,558 | €126,477 | -€24,081 | -16.0% |
| Equity | 10/15 | €22,182 | €29,862 | +€7,680 | +34.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,582 | €11,262 | +€7,680 | +214% |
| Distributable reserves | 133 | €3,582 | €11,262 | +€7,680 | +214% |
| Amounts payable | 17/49 | €128,376 | €96,615 | -€31,761 | -24.7% |
| Amounts payable after more than one year | 17 | €21,319 | €6,329 | -€14,989 | -70.3% |
| Financial debts | 170/4 | €21,319 | €6,329 | -€14,989 | -70.3% |
| Amounts payable within one year | 42/48 | €107,058 | €90,285 | -€16,772 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €14,709 | €14,989 | +€280 | +1.9% |
| Trade debts | 44 | €15,999 | €33,551 | +€17,551 | +110% |
| Suppliers | 440/4 | €15,999 | €33,551 | +€17,551 | +110% |
| Taxes, remuneration and social security | 45 | €13,261 | €22,324 | +€9,063 | +68.3% |
| Taxes | 450/3 | €660 | €8,928 | +€8,268 | +1,254% |
| Remuneration and social security | 454/9 | €12,601 | €13,397 | +€795 | +6.3% |
| Other amounts payable | 47/48 | €63,088 | €19,421 | -€43,667 | -69.2% |
| Remuneration, social security and pensions | 62 | €103,261 | €107,207 | +€3,946 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,922 | €17,857 | -€3,065 | -14.7% |
| Other operating charges | 640/8 | €1,398 | €1,133 | -€265 | -19.0% |
| Gross operating margin | 9900 | €128,342 | €137,377 | +€9,035 | +7.0% |
| Operating profit (loss) | 9901 | €2,761 | €11,180 | +€8,419 | +305% |
| Financial income | 75/76B | €205 | €8 | -€197 | -96.1% |
| Recurring financial income | 75 | €205 | €8 | -€197 | -96.1% |
| Financial charges | 65/66B | €1,004 | €881 | -€124 | -12.3% |
| Recurring financial charges | 65 | €1,004 | €881 | -€124 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €1,961 | €10,307 | +€8,346 | +426% |
| Income taxes | 67/77 | - | €2,627 | +€2,627 | |
| Profit (loss) for the period | 9904 | €1,961 | €7,680 | +€5,719 | +292% |
| Profit (loss) for the period to be appropriated | 9905 | €1,961 | €7,680 | +€5,719 | +292% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.