GANGOLF: 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.
GANGOLF
Largest movements
- Receivables within one year +€1,881
up €1,881 (+716%), from €263 to €2,144
- Cash +€678
up €678 (+7,869%), from €9 to €687
mainly Net result for the year (+€7,744) and Accrued charges and deferred income (+€1,788)
- Tangible fixed assets +€261
new in 2023: €261
- Deferred charges and accrued income -€155
no longer reported in 2023 (was €155)
- Profit (loss) carried forward +€7,744
up €7,744 (+11.6%), from -€66,770 to -€59,026
- Other debts -€6,450
down €6,450 (-12.6%), from €51,079 to €44,628
- Accrued charges and deferred income +€1,788
up €1,788 (+2,436%), from €73 to €1,861
- Tax, wage and social debts -€363
down €363 (-24.2%), from €1,497 to €1,135
- Short-term financial debts -€42
no longer reported in 2023 (was €42)
- Gross operating margin +€6,606
up €6,606 (+228%), from €2,895 to €9,501
- Other operating charges +€194
up €194 (+23.3%), from €832 to €1,025
- Depreciation -€124
down €124 (-57.2%), from €216 to €92
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €457 | €3,123 | +€2,666 | +583% |
| Fixed assets | 21/28 | €31 | €292 | +€261 | +843% |
| Tangible fixed assets | 22/27 | - | €261 | +€261 | |
| Furniture and vehicles | 24 | - | €261 | +€261 | |
| Financial fixed assets | 28 | €31 | €31 | = | 0.0% |
| Current assets | 29/58 | €426 | €2,831 | +€2,404 | +564% |
| Amounts receivable within one year | 40/41 | €263 | €2,144 | +€1,881 | +716% |
| Other amounts receivable | 41 | €263 | €2,144 | +€1,881 | +716% |
| Cash at bank and in hand | 54/58 | €9 | €687 | +€678 | +7,869% |
| Deferred charges and accrued income | 490/1 | €155 | - | -€155 | |
| Total equity and liabilities | 10/49 | €457 | €3,123 | +€2,666 | +583% |
| Equity | 10/15 | -€52,399 | -€44,654 | +€7,744 | +14.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €8,174 | €8,174 | = | 0.0% |
| Non-distributable reserves | 130/1 | €248 | €248 | = | 0.0% |
| Reserves not available under the articles | 1311 | €248 | €248 | = | 0.0% |
| Distributable reserves | 133 | €7,926 | €7,926 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,770 | -€59,026 | +€7,744 | +11.6% |
| Amounts payable | 17/49 | €52,856 | €47,777 | -€5,078 | -9.6% |
| Amounts payable within one year | 42/48 | €52,782 | €45,916 | -€6,866 | -13.0% |
| Financial debts | 43 | €42 | - | -€42 | |
| Credit institutions | 430/8 | €42 | - | -€42 | |
| Trade debts | 44 | €164 | €153 | -€12 | -7.1% |
| Suppliers | 440/4 | €164 | €153 | -€12 | -7.1% |
| Taxes, remuneration and social security | 45 | €1,497 | €1,135 | -€363 | -24.2% |
| Taxes | 450/3 | €1,497 | €1,135 | -€363 | -24.2% |
| Other amounts payable | 47/48 | €51,079 | €44,628 | -€6,450 | -12.6% |
| Accrued charges and deferred income | 492/3 | €73 | €1,861 | +€1,788 | +2,436% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216 | €92 | -€124 | -57.2% |
| Other operating charges | 640/8 | €832 | €1,025 | +€194 | +23.3% |
| Gross operating margin | 9900 | €2,895 | €9,501 | +€6,606 | +228% |
| Operating profit (loss) | 9901 | €1,847 | €8,383 | +€6,536 | +354% |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €304 | €281 | -€24 | -7.7% |
| Recurring financial charges | 65 | €304 | €281 | -€24 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €1,568 | €8,102 | +€6,534 | +417% |
| Income taxes | 67/77 | €340 | €358 | +€18 | +5.2% |
| Profit (loss) for the period | 9904 | €1,228 | €7,744 | +€6,516 | +531% |
| Profit (loss) for the period to be appropriated | 9905 | €1,228 | €7,744 | +€6,516 | +531% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.