Golden Rock: 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 Rock
Largest movements
- Intangible fixed assets -€19,726
down €19,726 (-22.8%), from €86,469 to €66,744
- Profit (loss) carried forward -€22,258
down €22,258 (-38.5%), from -€57,861 to -€80,119
- Other debts +€3,440
up €3,440 (+2.6%), from €133,660 to €137,100
- Gross operating margin +€1,198
up €1,198 (+37.3%), from -€3,211 to -€2,013
- Other operating charges +€520
new in 2025: €520
- Financial charges -€57
no longer reported in 2025 (was €57)
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 | €86,649 | €67,201 | -€19,448 | -22.4% |
| Fixed assets | 21/28 | €86,469 | €66,744 | -€19,726 | -22.8% |
| Intangible fixed assets | 21 | €86,469 | €66,744 | -€19,726 | -22.8% |
| Current assets | 29/58 | €180 | €457 | +€278 | +155% |
| Amounts receivable within one year | 40/41 | €180 | €422 | +€243 | +135% |
| Other amounts receivable | 41 | €180 | €422 | +€243 | +135% |
| Cash at bank and in hand | 54/58 | - | €35 | +€35 | |
| Total equity and liabilities | 10/49 | €86,649 | €67,201 | -€19,448 | -22.4% |
| Equity | 10/15 | -€47,861 | -€70,119 | -€22,258 | -46.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,861 | -€80,119 | -€22,258 | -38.5% |
| Amounts payable | 17/49 | €134,510 | €137,320 | +€2,810 | +2.1% |
| Amounts payable within one year | 42/48 | €134,510 | €137,320 | +€2,810 | +2.1% |
| Financial debts | 43 | €687 | - | -€687 | |
| Credit institutions | 430/8 | €687 | - | -€687 | |
| Trade debts | 44 | €163 | €220 | +€57 | +34.9% |
| Suppliers | 440/4 | €163 | €220 | +€57 | +34.9% |
| Other amounts payable | 47/48 | €133,660 | €137,100 | +€3,440 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,726 | €19,726 | = | 0.0% |
| Other operating charges | 640/8 | - | €520 | +€520 | |
| Gross operating margin | 9900 | -€3,211 | -€2,013 | +€1,198 | +37.3% |
| Operating profit (loss) | 9901 | -€22,937 | -€22,258 | +€679 | +3.0% |
| Financial charges | 65/66B | €57 | - | -€57 | |
| Recurring financial charges | 65 | €57 | - | -€57 | |
| Profit (loss) for the period before taxes | 9903 | -€22,993 | -€22,258 | +€735 | +3.2% |
| Profit (loss) for the period | 9904 | -€22,993 | -€22,258 | +€735 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,993 | -€22,258 | +€735 | +3.2% |
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 25 October 2026 via checked.be.