GOLDEN KEY CONSTRUCT: 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.
GOLDEN KEY CONSTRUCT
Largest movements
- Receivables within one year -€18,149
down €18,149 (-7.8%), from €232,720 to €214,570
of which Other amounts receivable: -€12,563
- Trade debts -€14,514
down €14,514 (-9.3%), from €156,422 to €141,908
of which Bills of exchange payable: -€13,500
- Profit (loss) carried forward -€9,131
down €9,131, from €5,311 to -€3,820
- Turnover -€89,447
down €89,447 (-81.7%), from €109,447 to €20,000
- Purchases and services -€82,562
down €82,562 (-76.5%), from €107,862 to €25,300
- Gross operating margin -€6,885
down €6,885, from €1,584 to -€5,300
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €415,473 | €394,142 | -€21,331 | -5.1% |
| Fixed assets | 21/28 | €3,722 | - | -€3,722 | |
| Tangible fixed assets | 22/27 | €3,722 | - | -€3,722 | |
| Furniture and vehicles | 24 | €3,722 | - | -€3,722 | |
| Current assets | 29/58 | €411,750 | €394,142 | -€17,608 | -4.3% |
| Stocks and contracts in progress | 3 | €179,030 | €179,030 | = | 0.0% |
| Stocks | 30/36 | €90,000 | €90,000 | = | 0.0% |
| Contracts in progress | 37 | €89,030 | €89,030 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €232,720 | €214,570 | -€18,149 | -7.8% |
| Trade receivables | 40 | €212,794 | €207,208 | -€5,586 | -2.6% |
| Other amounts receivable | 41 | €19,926 | €7,363 | -€12,563 | -63.0% |
| Cash at bank and in hand | 54/58 | €1 | €542 | +€541 | +54092.0% |
| Total equity and liabilities | 10/49 | €415,473 | €394,142 | -€21,331 | -5.1% |
| Equity | 10/15 | €10,311 | €1,180 | -€9,131 | -88.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,311 | -€3,820 | -€9,131 | |
| Amounts payable | 17/49 | €405,162 | €392,962 | -€12,199 | -3.0% |
| Amounts payable within one year | 42/48 | €405,162 | €392,962 | -€12,199 | -3.0% |
| Trade debts | 44 | €156,422 | €141,908 | -€14,514 | -9.3% |
| Suppliers | 440/4 | €140,822 | €139,807 | -€1,014 | -0.7% |
| Bills of exchange payable | 441 | €15,601 | €2,101 | -€13,500 | -86.5% |
| Taxes, remuneration and social security | 45 | €3,104 | €3,104 | = | 0.0% |
| Taxes | 450/3 | €3,104 | €3,104 | = | 0.0% |
| Other amounts payable | 47/48 | €245,635 | €247,950 | +€2,315 | +0.9% |
| Turnover | 70 | €109,447 | €20,000 | -€89,447 | -81.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €107,862 | €25,300 | -€82,562 | -76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,636 | €3,722 | +€86 | +2.4% |
| Other operating charges | 640/8 | €389 | €107 | -€282 | -72.4% |
| Gross operating margin | 9900 | €1,584 | -€5,300 | -€6,885 | |
| Operating profit (loss) | 9901 | -€2,440 | -€9,130 | -€6,689 | -274.1% |
| Financial charges | 65/66B | €211 | €2 | -€209 | -99.1% |
| Recurring financial charges | 65 | €211 | €2 | -€209 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,651 | -€9,131 | -€6,480 | -244.4% |
| Profit (loss) for the period | 9904 | -€2,651 | -€9,131 | -€6,480 | -244.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,651 | -€9,131 | -€6,480 | -244.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.