GOLDEN CARE: 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.
GOLDEN CARE
Largest movements
- Tangible fixed assets -€185,515
down €185,515 (-12.8%), from €1.5m to €1.3m
of which Land and buildings: -€150,852
- Current investments +€133,257
up €133,257 (+170%), from €78,285 to €211,542
- Cash -€95,360
down €95,360 (-85.1%), from €112,043 to €16,683
mainly Debts after one year (-€197,715) and Current investments (-€133,257)
- Receivables within one year +€72,352
up €72,352 (+133%), from €54,365 to €126,716
- Debts after one year -€197,715
down €197,715 (-14.0%), from €1.4m to €1.2m
of which Financial debts: -€121,015
- Profit (loss) carried forward +€121,367
up €121,367 (+28.0%), from -€433,901 to -€312,534
- Gross operating margin -€19,442
down €19,442 (-5.1%), from €378,578 to €359,135
- Financial income +€11,796
up €11,796 (+341%), from €3,462 to €15,258
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 | €1,789,528 | €1,717,134 | -€72,394 | -4.0% |
| Fixed assets | 21/28 | €1,453,868 | €1,268,353 | -€185,515 | -12.8% |
| Tangible fixed assets | 22/27 | €1,453,868 | €1,268,353 | -€185,515 | -12.8% |
| Land and buildings | 22 | €1,315,475 | €1,164,623 | -€150,852 | -11.5% |
| Plant, machinery and equipment | 23 | €138,393 | €103,730 | -€34,663 | -25.0% |
| Current assets | 29/58 | €335,660 | €448,781 | +€113,121 | +33.7% |
| Amounts receivable within one year | 40/41 | €54,365 | €126,716 | +€72,352 | +133% |
| Other amounts receivable | 41 | €54,365 | €126,716 | +€72,352 | +133% |
| Current investments | 50/53 | €78,285 | €211,542 | +€133,257 | +170% |
| Cash at bank and in hand | 54/58 | €112,043 | €16,683 | -€95,360 | -85.1% |
| Deferred charges and accrued income | 490/1 | €90,967 | €93,839 | +€2,872 | +3.2% |
| Total equity and liabilities | 10/49 | €1,789,528 | €1,717,134 | -€72,394 | -4.0% |
| Equity | 10/15 | €251,604 | €372,971 | +€121,367 | +48.2% |
| Contributions | 10/11 | €685,505 | €685,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€433,901 | -€312,534 | +€121,367 | +28.0% |
| Amounts payable | 17/49 | €1,537,924 | €1,344,163 | -€193,761 | -12.6% |
| Amounts payable after more than one year | 17 | €1,416,393 | €1,218,678 | -€197,715 | -14.0% |
| Financial debts | 170/4 | €1,336,599 | €1,215,584 | -€121,015 | -9.1% |
| Other amounts payable | 178/9 | €79,794 | €3,094 | -€76,700 | -96.1% |
| Amounts payable within one year | 42/48 | €121,532 | €125,485 | +€3,953 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €117,442 | €121,015 | +€3,572 | +3.0% |
| Trade debts | 44 | €3,133 | €4,370 | +€1,237 | +39.5% |
| Suppliers | 440/4 | €3,133 | €4,370 | +€1,237 | +39.5% |
| Advances received on contracts in progress | 46 | €100 | €100 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €856 | - | -€856 | |
| Taxes | 450/3 | €856 | - | -€856 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,515 | €185,515 | = | 0.0% |
| Other operating charges | 640/8 | €22,529 | €23,137 | +€608 | +2.7% |
| Gross operating margin | 9900 | €378,578 | €359,135 | -€19,442 | -5.1% |
| Operating profit (loss) | 9901 | €170,533 | €150,484 | -€20,050 | -11.8% |
| Financial income | 75/76B | €3,462 | €15,258 | +€11,796 | +341% |
| Recurring financial income | 75 | €3,462 | €15,258 | +€11,796 | +341% |
| Financial charges | 65/66B | €47,861 | €44,374 | -€3,487 | -7.3% |
| Recurring financial charges | 65 | €47,861 | €44,374 | -€3,487 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €126,134 | €121,367 | -€4,767 | -3.8% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €126,134 | €121,367 | -€4,767 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €126,134 | €121,367 | -€4,767 | -3.8% |
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 30 October 2026 via checked.be.