Golati: what changed
Golati
Largest movements
- Deferred charges and accrued income +€53,813
up €53,813 (+51,250%), from €105 to €53,918
- Tangible fixed assets +€14,680
up €14,680 (+149%), from €9,864 to €24,544
of which Other tangible fixed assets: +€13,251
- Current investments +€11,828
up €11,828 (+38.1%), from €31,006 to €42,834
- Receivables within one year +€11,017
up €11,017, from €0 to €11,017
- Cash -€7,288
down €7,288 (-21.2%), from €34,456 to €27,169
mainly Deferred charges and accrued income (-€53,813) and Investment in fixed assets (net) (-€19,569)
- Reserves +€74,688
up €74,688 (+124%), from €60,249 to €134,937
- Tax, wage and social debts +€10,860
up €10,860 (+105%), from €10,338 to €21,198
- Gross operating margin +€55,016
up €55,016 (+123%), from €44,904 to €99,920
- Taxes +€10,882
up €10,882 (+127%), from €8,550 to €19,432
- Depreciation +€1,253
up €1,253 (+34.5%), from €3,636 to €4,889
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,431 | €159,481 | +€84,051 | +111% |
| Fixed assets | 21/28 | €9,864 | €24,544 | +€14,680 | +149% |
| Tangible fixed assets | 22/27 | €9,864 | €24,544 | +€14,680 | +149% |
| Furniture and vehicles | 24 | €8,578 | €10,008 | +€1,429 | +16.7% |
| Other tangible fixed assets | 26 | €1,286 | €14,536 | +€13,251 | +1,031% |
| Current assets | 29/58 | €65,567 | €134,938 | +€69,371 | +106% |
| Amounts receivable within one year | 40/41 | €0 | €11,017 | +€11,017 | |
| Trade receivables | 40 | €0 | €11,017 | +€11,017 | |
| Current investments | 50/53 | €31,006 | €42,834 | +€11,828 | +38.1% |
| Cash at bank and in hand | 54/58 | €34,456 | €27,169 | -€7,288 | -21.2% |
| Deferred charges and accrued income | 490/1 | €105 | €53,918 | +€53,813 | +51,250% |
| Total equity and liabilities | 10/49 | €75,431 | €159,481 | +€84,051 | +111% |
| Equity | 10/15 | €62,749 | €137,437 | +€74,688 | +119% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €60,249 | €134,937 | +€74,688 | +124% |
| Distributable reserves | 133 | €60,249 | €134,937 | +€74,688 | +124% |
| Amounts payable | 17/49 | €12,682 | €22,044 | +€9,363 | +73.8% |
| Amounts payable within one year | 42/48 | €12,493 | €21,737 | +€9,244 | +74.0% |
| Trade debts | 44 | €429 | €162 | -€267 | -62.2% |
| Suppliers | 440/4 | €429 | €162 | -€267 | -62.2% |
| Taxes, remuneration and social security | 45 | €10,338 | €21,198 | +€10,860 | +105% |
| Taxes | 450/3 | €10,338 | €21,198 | +€10,860 | +105% |
| Other amounts payable | 47/48 | €1,726 | €376 | -€1,349 | -78.2% |
| Accrued charges and deferred income | 492/3 | €189 | €308 | +€119 | +63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,636 | €4,889 | +€1,253 | +34.5% |
| Other operating charges | 640/8 | €340 | €265 | -€75 | -22.1% |
| Non-recurring operating charges | 66A | - | €936 | +€936 | |
| Gross operating margin | 9900 | €44,904 | €99,920 | +€55,016 | +123% |
| Operating profit (loss) | 9901 | €40,928 | €93,831 | +€52,902 | +129% |
| Financial income | 75/76B | €60 | €507 | +€447 | +746% |
| Recurring financial income | 75 | €60 | €507 | +€447 | +746% |
| Financial charges | 65/66B | €141 | €218 | +€77 | +54.6% |
| Recurring financial charges | 65 | €141 | €218 | +€77 | +54.6% |
| Profit (loss) for the period before taxes | 9903 | €40,848 | €94,120 | +€53,273 | +130% |
| Income taxes | 67/77 | €8,550 | €19,432 | +€10,882 | +127% |
| Profit (loss) for the period | 9904 | €32,297 | €74,688 | +€42,391 | +131% |
| Profit (loss) for the period to be appropriated | 9905 | €32,297 | €74,688 | +€42,391 | +131% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.