GOLD CONCEPT: 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.
What changed
GOLD CONCEPT
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€62,269
2024 · €61,315+€954
Equity
€983,626
2024 · €921,357+€62,269
Cash
€2,323
2024 · €42,873-€40,550
Balance sheet total
€4.2m
2024 · €4.1m+€83,937
Largest movements
Assets
- Receivables within one year +€130,168
up €130,168 (+20.2%), from €643,144 to €773,312
of which Trade receivables: +€116,928
Equity and liabilities
- Profit (loss) carried forward +€62,269
up €62,269 (+39.3%), from -€158,493 to -€96,224
- Other debts +€60,413
up €60,413 (+5.5%), from €1.1m to €1.2m
Income statement
- Staff costs -€77,891
down €77,891 (-27.4%), from €284,199 to €206,309
- Financial charges +€47,304
up €47,304 (+89.4%), from €52,894 to €100,197
- Gross operating margin -€36,221
down €36,221 (-8.6%), from €423,328 to €387,107
- Financial income +€8,823
up €8,823 (+600%), from €1,471 to €10,294
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.
Result 2024
€61,315
Gross operating margin
-€36,221
Staff costs
+€77,891
Depreciation
+€278
Other operating charges
-€352
Other operating items
-€437
Financial income
+€8,823
Financial charges
-€47,304
Taxes
-€1,723
Result 2025
€62,269
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€40,987
Investment
+€437
Financing
€0
Cash 2024
€42,873
From operations (derived)
-€40,987
Net result for the year
+€62,269
Stocks and contracts
+€10,512
Receivables within one year
-€130,168
Deferred charges and accrued income
-€5,268
Trade debts
-€6,720
Tax, wage and social debts
-€32,001
Other debts
+€60,413
Accrued charges and deferred income
-€24
Investment (derived)
+€437
Investment in fixed assets (net)
+€437
Cash 2025
€2,323
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,075,568 | €4,159,505 | +€83,937 | +2.1% |
| Fixed assets | 21/28 | €3,365,984 | €3,365,547 | -€437 | 0.0% |
| Tangible fixed assets | 22/27 | €437 | - | -€437 | |
| Furniture and vehicles | 24 | €437 | - | -€437 | |
| Financial fixed assets | 28 | €3,365,547 | €3,365,547 | = | 0.0% |
| Current assets | 29/58 | €709,584 | €793,958 | +€84,374 | +11.9% |
| Stocks and contracts in progress | 3 | €11,043 | €531 | -€10,512 | -95.2% |
| Stocks | 30/36 | €11,043 | €531 | -€10,512 | -95.2% |
| Amounts receivable within one year | 40/41 | €643,144 | €773,312 | +€130,168 | +20.2% |
| Trade receivables | 40 | €606,700 | €723,628 | +€116,928 | +19.3% |
| Other amounts receivable | 41 | €36,444 | €49,684 | +€13,241 | +36.3% |
| Cash at bank and in hand | 54/58 | €42,873 | €2,323 | -€40,550 | -94.6% |
| Deferred charges and accrued income | 490/1 | €12,524 | €17,792 | +€5,268 | +42.1% |
| Total equity and liabilities | 10/49 | €4,075,568 | €4,159,505 | +€83,937 | +2.1% |
| Equity | 10/15 | €921,357 | €983,626 | +€62,269 | +6.8% |
| Contributions | 10/11 | €1,079,850 | €1,079,850 | = | 0.0% |
| Capital | 10 | €1,079,850 | €1,079,850 | = | 0.0% |
| Issued capital | 100 | €1,079,850 | €1,079,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€158,493 | -€96,224 | +€62,269 | +39.3% |
| Amounts payable | 17/49 | €3,154,211 | €3,175,878 | +€21,667 | +0.7% |
| Amounts payable after more than one year | 17 | €1,900,000 | €1,900,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,900,000 | €1,900,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,235,172 | €1,256,864 | +€21,692 | +1.8% |
| Trade debts | 44 | €59,908 | €53,188 | -€6,720 | -11.2% |
| Suppliers | 440/4 | €59,908 | €53,188 | -€6,720 | -11.2% |
| Taxes, remuneration and social security | 45 | €77,743 | €45,742 | -€32,001 | -41.2% |
| Taxes | 450/3 | €27,174 | €21,900 | -€5,274 | -19.4% |
| Remuneration and social security | 454/9 | €50,569 | €23,842 | -€26,727 | -52.9% |
| Other amounts payable | 47/48 | €1,097,522 | €1,157,934 | +€60,413 | +5.5% |
| Accrued charges and deferred income | 492/3 | €19,038 | €19,014 | -€24 | -0.1% |
| Remuneration, social security and pensions | 62 | €284,199 | €206,309 | -€77,891 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | - | -€278 | |
| Other operating charges | 640/8 | €1,851 | €2,203 | +€352 | +19.0% |
| Non-recurring operating charges | 66A | - | €437 | +€437 | |
| Gross operating margin | 9900 | €423,328 | €387,107 | -€36,221 | -8.6% |
| Operating profit (loss) | 9901 | €137,000 | €178,158 | +€41,159 | +30.0% |
| Financial income | 75/76B | €1,471 | €10,294 | +€8,823 | +600% |
| Recurring financial income | 75 | €1,471 | €10,294 | +€8,823 | +600% |
| Financial charges | 65/66B | €52,894 | €100,197 | +€47,304 | +89.4% |
| Recurring financial charges | 65 | €52,894 | €100,197 | +€47,304 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | €85,577 | €88,255 | +€2,678 | +3.1% |
| Income taxes | 67/77 | €24,262 | €25,985 | +€1,723 | +7.1% |
| Profit (loss) for the period | 9904 | €61,315 | €62,269 | +€954 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,315 | €62,269 | +€954 | +1.6% |
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 15 October 2026 via checked.be.