GOLDEN FISH: 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 FISH
Largest movements
- Receivables within one year +€17,968
up €17,968 (+1,091%), from €1,646 to €19,614
of which Trade receivables: +€14,284
- Receivables after one year -€5,349
down €5,349 (-12.3%), from €43,609 to €38,261
- Cash -€3,260
down €3,260 (-19.0%), from €17,125 to €13,865
mainly Receivables within one year (-€17,968) and Investment in fixed assets (net) (-€3,500)
- Tangible fixed assets +€1,750
new in 2025: €1,750
- Profit (loss) carried forward +€6,333
up €6,333 (+21.3%), from €29,804 to €36,137
- Trade debts +€3,940
up €3,940 (+275%), from €1,434 to €5,374
- Gross operating margin +€4,460
up €4,460 (+87.8%), from €5,080 to €9,540
- Depreciation +€1,750
new in 2025: €1,750
- Other operating charges +€713
up €713 (+92.9%), from €767 to €1,479
- Taxes +€648
up €648 (+43.7%), from €1,485 to €2,133
- Financial income -€135
down €135 (-5.7%), from €2,353 to €2,218
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 | €66,320 | €76,890 | +€10,570 | +15.9% |
| Fixed assets | 21/28 | €79 | €1,829 | +€1,750 | +2,217% |
| Tangible fixed assets | 22/27 | - | €1,750 | +€1,750 | |
| Furniture and vehicles | 24 | - | €1,750 | +€1,750 | |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €66,241 | €75,061 | +€8,820 | +13.3% |
| Amounts receivable after more than one year | 29 | €43,609 | €38,261 | -€5,349 | -12.3% |
| Other amounts receivable | 291 | €43,609 | €38,261 | -€5,349 | -12.3% |
| Stocks and contracts in progress | 3 | €3,861 | €3,261 | -€600 | -15.5% |
| Stocks | 30/36 | €3,861 | €3,261 | -€600 | -15.5% |
| Amounts receivable within one year | 40/41 | €1,646 | €19,614 | +€17,968 | +1,091% |
| Trade receivables | 40 | €1,646 | €15,930 | +€14,284 | +868% |
| Other amounts receivable | 41 | - | €3,684 | +€3,684 | |
| Cash at bank and in hand | 54/58 | €17,125 | €13,865 | -€3,260 | -19.0% |
| Deferred charges and accrued income | 490/1 | - | €61 | +€61 | |
| Total equity and liabilities | 10/49 | €66,320 | €76,890 | +€10,570 | +15.9% |
| Equity | 10/15 | €60,848 | €67,181 | +€6,333 | +10.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,044 | €1,044 | = | 0.0% |
| Distributable reserves | 133 | €1,044 | €1,044 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,804 | €36,137 | +€6,333 | +21.3% |
| Amounts payable | 17/49 | €5,472 | €9,708 | +€4,236 | +77.4% |
| Amounts payable within one year | 42/48 | €5,336 | €9,505 | +€4,168 | +78.1% |
| Trade debts | 44 | €1,434 | €5,374 | +€3,940 | +275% |
| Suppliers | 440/4 | €1,434 | €5,374 | +€3,940 | +275% |
| Taxes, remuneration and social security | 45 | €3,902 | €4,131 | +€229 | +5.9% |
| Taxes | 450/3 | €2,818 | €4,131 | +€1,313 | +46.6% |
| Remuneration and social security | 454/9 | €1,084 | - | -€1,084 | |
| Accrued charges and deferred income | 492/3 | €136 | €204 | +€68 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,750 | +€1,750 | |
| Other operating charges | 640/8 | €767 | €1,479 | +€713 | +92.9% |
| Gross operating margin | 9900 | €5,080 | €9,540 | +€4,460 | +87.8% |
| Operating profit (loss) | 9901 | €4,313 | €6,310 | +€1,998 | +46.3% |
| Financial income | 75/76B | €2,353 | €2,218 | -€135 | -5.7% |
| Recurring financial income | 75 | €2,353 | €2,218 | -€135 | -5.7% |
| Financial charges | 65/66B | €40 | €62 | +€22 | +54.3% |
| Recurring financial charges | 65 | €40 | €62 | +€22 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | €6,626 | €8,467 | +€1,841 | +27.8% |
| Income taxes | 67/77 | €1,485 | €2,133 | +€648 | +43.7% |
| Profit (loss) for the period | 9904 | €5,141 | €6,333 | +€1,193 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,141 | €6,333 | +€1,193 | +23.2% |
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 21 October 2026 via checked.be.