GOLCONSULT: what changed
Two fiscal 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.
GOLCONSULT
Largest movements
- Receivables within one year -€33,821
down €33,821 (-84.3%), from €40,103 to €6,282
of which Trade receivables: -€29,884
- Cash -€7,884
down €7,884 (-56.3%), from €14,009 to €6,125
mainly Net result for the year (-€33,050) and Debts after one year (-€21,032)
- Tangible fixed assets -€6,602
down €6,602 (-1.9%), from €346,326 to €339,724
of which Furniture and vehicles: -€18,617
- Profit (loss) carried forward -€33,050
down €33,050, from €22,848 to -€10,202
- Debts after one year -€21,032
down €21,032 (-9.0%), from €234,166 to €213,134
- Trade debts +€11,620
up €11,620 (+587.2%), from €1,979 to €13,599
- Tax, wage and social debts +€8,995
up €8,995 (+26.6%), from €33,788 to €42,783
of which Remuneration and social security: +€11,424
- Current portion of long-term debt -€7,830
down €7,830 (-27.1%), from €28,862 to €21,032
- Gross operating margin -€77,312
down €77,312 (-88.0%), from €87,875 to €10,563
- Taxes -€15,907
down €15,907 (-98.5%), from €16,150 to €243
- Financial charges +€10,697
up €10,697 (+80.3%), from €13,314 to €24,011
of which Non-recurring financial charges: +€13,411
- Financial income +€9,741
up €9,741 (+36077.8%), from €27 to €9,768
of which Non-recurring financial income: +€9,750
- Other operating charges +€5,832
up €5,832 (+179.3%), from €3,253 to €9,085
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.
Cash bridge derived
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 | €400,713 | €352,406 | -€48,307 | -12.1% |
| Fixed assets | 21/28 | €346,601 | €339,999 | -€6,602 | -1.9% |
| Tangible fixed assets | 22/27 | €346,326 | €339,724 | -€6,602 | -1.9% |
| Land and buildings | 22 | €314,904 | €319,978 | +€5,074 | +1.6% |
| Plant, machinery and equipment | 23 | €9,146 | €16,087 | +€6,941 | +75.9% |
| Furniture and vehicles | 24 | €22,276 | €3,659 | -€18,617 | -83.6% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €54,112 | €12,407 | -€41,705 | -77.1% |
| Amounts receivable within one year | 40/41 | €40,103 | €6,282 | -€33,821 | -84.3% |
| Trade receivables | 40 | €31,717 | €1,833 | -€29,884 | -94.2% |
| Other amounts receivable | 41 | €8,386 | €4,449 | -€3,937 | -46.9% |
| Cash at bank and in hand | 54/58 | €14,009 | €6,125 | -€7,884 | -56.3% |
| Total equity and liabilities | 10/49 | €400,713 | €352,406 | -€48,307 | -12.1% |
| Equity | 10/15 | €78,408 | €45,358 | -€33,050 | -42.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,360 | €49,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €47,500 | €49,360 | +€1,860 | +3.9% |
| Profit (loss) carried forward | 14 | €22,848 | -€10,202 | -€33,050 | |
| Amounts payable | 17/49 | €322,305 | €307,048 | -€15,257 | -4.7% |
| Amounts payable after more than one year | 17 | €234,166 | €213,134 | -€21,032 | -9.0% |
| Financial debts | 170/4 | €234,166 | €213,134 | -€21,032 | -9.0% |
| Amounts payable within one year | 42/48 | €88,139 | €93,914 | +€5,775 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €28,862 | €21,032 | -€7,830 | -27.1% |
| Trade debts | 44 | €1,979 | €13,599 | +€11,620 | +587.2% |
| Suppliers | 440/4 | €1,979 | €13,599 | +€11,620 | +587.2% |
| Advances received on contracts in progress | 46 | €5,118 | - | -€5,118 | |
| Taxes, remuneration and social security | 45 | €33,788 | €42,783 | +€8,995 | +26.6% |
| Taxes | 450/3 | €28,712 | €26,283 | -€2,429 | -8.5% |
| Remuneration and social security | 454/9 | €5,076 | €16,500 | +€11,424 | +225.1% |
| Other amounts payable | 47/48 | €18,392 | €16,500 | -€1,892 | -10.3% |
| Remuneration, social security and pensions | 62 | -€2,405 | - | +€2,405 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,764 | €20,042 | -€4,722 | -19.1% |
| Other operating charges | 640/8 | €3,253 | €9,085 | +€5,832 | +179.3% |
| Gross operating margin | 9900 | €87,875 | €10,563 | -€77,312 | -88.0% |
| Operating profit (loss) | 9901 | €62,263 | -€18,564 | -€80,827 | |
| Financial income | 75/76B | €27 | €9,768 | +€9,741 | +36077.8% |
| Recurring financial income | 75 | €27 | €18 | -€9 | -33.3% |
| Non-recurring financial income | 76B | - | €9,750 | +€9,750 | |
| Financial charges | 65/66B | €13,314 | €24,011 | +€10,697 | +80.3% |
| Recurring financial charges | 65 | €13,314 | €10,600 | -€2,714 | -20.4% |
| Non-recurring financial charges | 66B | - | €13,411 | +€13,411 | |
| Profit (loss) for the period before taxes | 9903 | €48,976 | -€32,807 | -€81,783 | |
| Income taxes | 67/77 | €16,150 | €243 | -€15,907 | -98.5% |
| Profit (loss) for the period | 9904 | €32,826 | -€33,050 | -€65,876 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,826 | -€33,050 | -€65,876 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.