GOLD INVEST: what changed
What changed
GOLD INVEST
NACE 68.321, Property management for co-owned buildings (syndics)
filed annual accounts (NBB)
Net result for the year
€53,935
2024 · €137,915-€83,980
Equity
€1.7m
2024 · €419,191+€1.3m
Cash
€764,846
2024 · €240,126+€524,720
Balance sheet total
€4.2m
2024 · €2.1m+€2.1m
Largest movements
Assets
- Financial fixed assets +€1.3m
up €1.3m (+97.9%), from €1.4m to €2.7m
- Cash +€524,720
up €524,720 (+219%), from €240,126 to €764,846
mainly Contributions, distributions and other (+€1.2m) and Other debts (+€840,579)
- Receivables within one year +€219,341
up €219,341 (+50.0%), from €438,256 to €657,597
of which Other amounts receivable: +€136,268
- Deferred charges and accrued income +€67,194
up €67,194 (+1,323%), from €5,080 to €72,274
Equity and liabilities
- Revaluation surpluses +€1.2m
new in 2025: €1.2m
- Other debts +€840,579
up €840,579 (+279%), from €301,329 to €1.1m
- Profit (loss) carried forward +€53,935
up €53,935 (+15.6%), from €344,981 to €398,916
Income statement
- Financial income -€240,103
down €240,103 (-100.0%), from €240,114 to €11
- Gross operating margin +€151,221
up €151,221 (+233%), from €64,821 to €216,041
- Staff costs -€22,485
down €22,485 (-31.3%), from €71,889 to €49,404
- Other operating charges +€9,914
up €9,914 (+292%), from €3,397 to €13,311
- Financial charges +€4,740
up €4,740 (+4.7%), from €100,207 to €104,948
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€137,915
Gross operating margin
+€151,221
Staff costs
+€22,485
Depreciation
-€1,443
Provisions
+€242
Other operating charges
-€9,914
Financial income
-€240,103
Financial charges
-€4,740
Taxes
-€1,728
Result 2025
€53,935
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€629,433
Investment
-€1.3m
Financing
+€1.2m
Cash 2024
€240,126
From operations (derived)
+€629,433
Net result for the year
+€53,935
Depreciation
+€4,736
Receivables within one year
-€219,341
Deferred charges and accrued income
-€67,194
Provisions
-€11,348
Trade debts
+€1,034
Tax, wage and social debts
+€27,032
Other debts
+€840,579
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Financing
+€1.2m
Contributions, distributions and other
+€1.2m
Cash 2025
€764,846
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,050,184 | €4,192,708 | +€2.1m | +105% |
| Fixed assets | 21/28 | €1,366,722 | €2,697,991 | +€1.3m | +97.4% |
| Tangible fixed assets | 22/27 | €8,919 | €10,896 | +€1,977 | +22.2% |
| Plant, machinery and equipment | 23 | €3,719 | €2,540 | -€1,178 | -31.7% |
| Furniture and vehicles | 24 | €5,200 | €8,356 | +€3,156 | +60.7% |
| Financial fixed assets | 28 | €1,357,803 | €2,687,095 | +€1.3m | +97.9% |
| Current assets | 29/58 | €683,462 | €1,494,717 | +€811,255 | +119% |
| Amounts receivable within one year | 40/41 | €438,256 | €657,597 | +€219,341 | +50.0% |
| Trade receivables | 40 | €375,945 | €459,018 | +€83,073 | +22.1% |
| Other amounts receivable | 41 | €62,311 | €198,579 | +€136,268 | +219% |
| Cash at bank and in hand | 54/58 | €240,126 | €764,846 | +€524,720 | +219% |
| Deferred charges and accrued income | 490/1 | €5,080 | €72,274 | +€67,194 | +1,323% |
| Total equity and liabilities | 10/49 | €2,050,184 | €4,192,708 | +€2.1m | +105% |
| Equity | 10/15 | €419,191 | €1,704,418 | +€1.3m | +307% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,231,292 | +€1.2m | |
| Reserves | 13 | €53,750 | €53,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €344,981 | €398,916 | +€53,935 | +15.6% |
| Provisions and deferred taxes | 16 | €1,312,977 | €1,301,629 | -€11,348 | -0.9% |
| Provisions for liabilities and charges | 160/5 | €1,312,977 | €1,301,629 | -€11,348 | -0.9% |
| Other liabilities and charges | 164/5 | €1,312,977 | €1,301,629 | -€11,348 | -0.9% |
| Amounts payable | 17/49 | €318,016 | €1,186,661 | +€868,645 | +273% |
| Amounts payable within one year | 42/48 | €318,016 | €1,186,661 | +€868,645 | +273% |
| Trade debts | 44 | €8,237 | €9,271 | +€1,034 | +12.5% |
| Suppliers | 440/4 | €8,237 | €9,271 | +€1,034 | +12.5% |
| Taxes, remuneration and social security | 45 | €8,450 | €35,482 | +€27,032 | +320% |
| Taxes | 450/3 | €3,060 | €26,717 | +€23,657 | +773% |
| Remuneration and social security | 454/9 | €5,390 | €8,765 | +€3,375 | +62.6% |
| Other amounts payable | 47/48 | €301,329 | €1,141,908 | +€840,579 | +279% |
| Remuneration, social security and pensions | 62 | €71,889 | €49,404 | -€22,485 | -31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,294 | €4,736 | +€1,443 | +43.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€11,106 | -€11,348 | -€242 | -2.2% |
| Other operating charges | 640/8 | €3,397 | €13,311 | +€9,914 | +292% |
| Gross operating margin | 9900 | €64,821 | €216,041 | +€151,221 | +233% |
| Operating profit (loss) | 9901 | -€2,653 | €159,938 | +€162,592 | |
| Financial income | 75/76B | €240,114 | €11 | -€240,103 | -100.0% |
| Recurring financial income | 75 | €240,114 | €11 | -€240,103 | -100.0% |
| Financial charges | 65/66B | €100,207 | €104,948 | +€4,740 | +4.7% |
| Recurring financial charges | 65 | €100,207 | €104,948 | +€4,740 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €137,253 | €55,001 | -€82,252 | -59.9% |
| Income taxes | 67/77 | -€662 | €1,066 | +€1,728 | |
| Profit (loss) for the period | 9904 | €137,915 | €53,935 | -€83,980 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €137,915 | €53,935 | -€83,980 | -60.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.