GOLDEN RAMDOUN: what changed
GOLDEN RAMDOUN
Largest movements
- Tangible fixed assets +€7,609
up €7,609 (+63.4%), from €12,006 to €19,615
- Cash -€3,148
down €3,148 (-19.0%), from €16,527 to €13,379
mainly Investment in fixed assets (net) (-€15,874) and Other debts (-€5,352)
- Receivables within one year +€904
up €904 (+3.4%), from €26,316 to €27,220
of which Other amounts receivable: +€896
- Profit (loss) carried forward +€10,583
up €10,583 (+85.8%), from €12,340 to €22,924
- Other debts -€5,352
no longer reported in 2025 (was €5,352)
- Trade debts +€5,268
up €5,268 (+23.9%), from €22,022 to €27,290
- Tax, wage and social debts -€5,135
no longer reported in 2025 (was €5,135)
- Turnover -€105,574
no longer reported in 2025 (was €105,574)
- Purchases and services -€88,995
no longer reported in 2025 (was €88,995)
- Gross operating margin +€7,869
up €7,869 (+42.9%), from €18,360 to €26,229
- Depreciation +€3,071
up €3,071 (+59.1%), from €5,194 to €8,265
- Other operating charges +€2,886
up €2,886 (+378%), from €764 to €3,650
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,849 | €60,214 | +€5,365 | +9.8% |
| Fixed assets | 21/28 | €12,006 | €19,615 | +€7,609 | +63.4% |
| Tangible fixed assets | 22/27 | €12,006 | €19,615 | +€7,609 | +63.4% |
| Furniture and vehicles | 24 | €12,006 | €19,615 | +€7,609 | +63.4% |
| Current assets | 29/58 | €42,843 | €40,599 | -€2,244 | -5.2% |
| Amounts receivable within one year | 40/41 | €26,316 | €27,220 | +€904 | +3.4% |
| Trade receivables | 40 | €19,032 | €19,041 | +€8 | 0.0% |
| Other amounts receivable | 41 | €7,283 | €8,179 | +€896 | +12.3% |
| Cash at bank and in hand | 54/58 | €16,527 | €13,379 | -€3,148 | -19.0% |
| Total equity and liabilities | 10/49 | €54,849 | €60,214 | +€5,365 | +9.8% |
| Equity | 10/15 | €22,340 | €32,924 | +€10,583 | +47.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,340 | €22,924 | +€10,583 | +85.8% |
| Amounts payable | 17/49 | €32,508 | €27,290 | -€5,218 | -16.1% |
| Amounts payable within one year | 42/48 | €32,508 | €27,290 | -€5,218 | -16.1% |
| Trade debts | 44 | €22,022 | €27,290 | +€5,268 | +23.9% |
| Suppliers | 440/4 | €22,022 | €27,290 | +€5,268 | +23.9% |
| Taxes, remuneration and social security | 45 | €5,135 | - | -€5,135 | |
| Taxes | 450/3 | €5,135 | - | -€5,135 | |
| Other amounts payable | 47/48 | €5,352 | - | -€5,352 | |
| Turnover | 70 | €105,574 | - | -€105,574 | |
| Non-recurring operating income | 76A | €1,781 | - | -€1,781 | |
| Goods, raw materials, services and sundry goods | 60/61 | €88,995 | - | -€88,995 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,194 | €8,265 | +€3,071 | +59.1% |
| Other operating charges | 640/8 | €764 | €3,650 | +€2,886 | +378% |
| Non-recurring operating charges | 66A | - | €5,255 | +€5,255 | |
| Gross operating margin | 9900 | €18,360 | €26,229 | +€7,869 | +42.9% |
| Operating profit (loss) | 9901 | €12,403 | €9,060 | -€3,343 | -27.0% |
| Financial income | 75/76B | - | €1,596 | +€1,596 | |
| Recurring financial income | 75 | - | €1,596 | +€1,596 | |
| Non-recurring financial income | 76B | - | €1,596 | +€1,596 | |
| Financial charges | 65/66B | €62 | €72 | +€10 | +16.1% |
| Recurring financial charges | 65 | €62 | €72 | +€10 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €12,340 | €10,583 | -€1,757 | -14.2% |
| Profit (loss) for the period | 9904 | €12,340 | €10,583 | -€1,757 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,340 | €10,583 | -€1,757 | -14.2% |
Next steps
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 8 November 2026 via checked.be.