GOLCONDA: 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.
GOLCONDA
Largest movements
- Receivables within one year +€14,932
up €14,932 (+35.2%), from €42,363 to €57,295
of which Trade receivables: +€18,393
- Cash -€6,162
down €6,162 (-18.7%), from €32,972 to €26,810
mainly Receivables within one year (-€14,932) and Net result for the year (-€2,174)
- Stocks and contracts +€1,259
up €1,259 (+25.1%), from €5,014 to €6,273
- Other debts +€5,257
up €5,257 (+51.3%), from €10,246 to €15,503
- Current portion of long-term debt +€3,421
up €3,421 (+659%), from €519 to €3,940
- Trade debts +€2,869
up €2,869 (+7.8%), from €36,918 to €39,787
- Profit (loss) carried forward -€2,174
down €2,174 (-33.9%), from €6,410 to €4,236
- Taxes +€2,702
up €2,702 (+249%), from €1,084 to €3,785
- Gross operating margin +€1,046
up €1,046 (+31.0%), from €3,379 to €4,425
- Financial charges +€794
up €794 (+48.6%), from €1,632 to €2,426
- Financial income -€169
down €169 (-92.9%), from €182 to €13
- Other operating charges +€82
up €82 (+25.6%), from €318 to €400
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 | €80,350 | €90,378 | +€10,028 | +12.5% |
| Current assets | 29/58 | €80,350 | €90,378 | +€10,028 | +12.5% |
| Stocks and contracts in progress | 3 | €5,014 | €6,273 | +€1,259 | +25.1% |
| Stocks | 30/36 | €5,014 | €6,273 | +€1,259 | +25.1% |
| Amounts receivable within one year | 40/41 | €42,363 | €57,295 | +€14,932 | +35.2% |
| Trade receivables | 40 | €38,631 | €57,024 | +€18,393 | +47.6% |
| Other amounts receivable | 41 | €3,733 | €271 | -€3,461 | -92.7% |
| Cash at bank and in hand | 54/58 | €32,972 | €26,810 | -€6,162 | -18.7% |
| Total equity and liabilities | 10/49 | €80,350 | €90,378 | +€10,028 | +12.5% |
| Equity | 10/15 | €10,410 | €8,236 | -€2,174 | -20.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,410 | €4,236 | -€2,174 | -33.9% |
| Amounts payable | 17/49 | €69,940 | €82,142 | +€12,202 | +17.4% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,940 | €62,142 | +€12,202 | +24.4% |
| Current portion of amounts payable after more than one year | 42 | €519 | €3,940 | +€3,421 | +659% |
| Trade debts | 44 | €36,918 | €39,787 | +€2,869 | +7.8% |
| Suppliers | 440/4 | €36,918 | €39,787 | +€2,869 | +7.8% |
| Taxes, remuneration and social security | 45 | €2,257 | €2,912 | +€655 | +29.0% |
| Taxes | 450/3 | €2,257 | €2,912 | +€655 | +29.0% |
| Other amounts payable | 47/48 | €10,246 | €15,503 | +€5,257 | +51.3% |
| Other operating charges | 640/8 | €318 | €400 | +€82 | +25.6% |
| Gross operating margin | 9900 | €3,379 | €4,425 | +€1,046 | +31.0% |
| Operating profit (loss) | 9901 | €3,060 | €4,025 | +€965 | +31.5% |
| Financial income | 75/76B | €182 | €13 | -€169 | -92.9% |
| Recurring financial income | 75 | €182 | €13 | -€169 | -92.9% |
| Financial charges | 65/66B | €1,632 | €2,426 | +€794 | +48.6% |
| Recurring financial charges | 65 | €1,632 | €2,426 | +€794 | +48.6% |
| Profit (loss) for the period before taxes | 9903 | €1,610 | €1,612 | +€2 | +0.1% |
| Income taxes | 67/77 | €1,084 | €3,785 | +€2,702 | +249% |
| Profit (loss) for the period | 9904 | €526 | -€2,174 | -€2,700 | |
| Profit (loss) for the period to be appropriated | 9905 | €526 | -€2,174 | -€2,700 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.