GOLDART: 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.
GOLDART
Largest movements
- Cash +€25
up €25 (+55.9%), from €45 to €71
mainly Short-term financial debts (+€250)
- Short-term financial debts +€250
up €250 (+4.8%), from €5,200 to €5,450
- Profit (loss) carried forward -€225
down €225 (-1.6%), from -€14,359 to -€14,584
- Financial charges +€4
up €4 (+10.4%), from €35 to €39
- Other operating charges +€2
up €2 (+1.7%), from €118 to €120
- Gross operating margin -€2
down €2 (-3.0%), from -€64 to -€66
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 | €129 | €155 | +€25 | +19.5% |
| Current assets | 29/58 | €129 | €155 | +€25 | +19.5% |
| Amounts receivable within one year | 40/41 | €84 | €84 | = | 0.0% |
| Other amounts receivable | 41 | €84 | €84 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45 | €71 | +€25 | +55.9% |
| Total equity and liabilities | 10/49 | €129 | €155 | +€25 | +19.5% |
| Equity | 10/15 | -€7,453 | -€7,678 | -€225 | -3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €706 | €706 | = | 0.0% |
| Non-distributable reserves | 130/1 | €706 | €706 | = | 0.0% |
| Reserves not available under the articles | 1311 | €706 | €706 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,359 | -€14,584 | -€225 | -1.6% |
| Amounts payable | 17/49 | €7,583 | €7,833 | +€250 | +3.3% |
| Amounts payable within one year | 42/48 | €7,583 | €7,833 | +€250 | +3.3% |
| Financial debts | 43 | €5,200 | €5,450 | +€250 | +4.8% |
| Other loans | 439 | €5,200 | €5,450 | +€250 | +4.8% |
| Other amounts payable | 47/48 | €2,383 | €2,383 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€64 | -€66 | -€2 | -3.0% |
| Operating profit (loss) | 9901 | -€182 | -€186 | -€4 | -2.1% |
| Financial charges | 65/66B | €35 | €39 | +€4 | +10.4% |
| Recurring financial charges | 65 | €35 | €39 | +€4 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | -€217 | -€225 | -€8 | -3.5% |
| Profit (loss) for the period | 9904 | -€217 | -€225 | -€8 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€217 | -€225 | -€8 | -3.5% |
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 4 October 2026 via checked.be.