GOLDEN SPA: 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 SPA
Largest movements
- Tangible fixed assets -€6,313
down €6,313 (-26.1%), from €24,181 to €17,868
of which Other tangible fixed assets: -€3,930
- Deferred charges and accrued income -€336
no longer reported in 2024 (was €336)
- Profit (loss) carried forward -€9,202
down €9,202 (-9.7%), from -€95,234 to -€104,436
- Other debts +€2,294
up €2,294 (+2.0%), from €114,461 to €116,755
- Gross operating margin -€1,255
down €1,255 (-842%), from -€149 to -€1,404
- Other operating charges -€57
down €57 (-4.0%), from €1,437 to €1,380
- Financial charges -€24
down €24 (-18.6%), from €129 to €105
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,556 | €20,127 | -€6,429 | -24.2% |
| Fixed assets | 21/28 | €24,181 | €17,868 | -€6,313 | -26.1% |
| Tangible fixed assets | 22/27 | €24,181 | €17,868 | -€6,313 | -26.1% |
| Plant, machinery and equipment | 23 | €7,261 | €5,407 | -€1,854 | -25.5% |
| Furniture and vehicles | 24 | €847 | €318 | -€529 | -62.5% |
| Other tangible fixed assets | 26 | €16,073 | €12,143 | -€3,930 | -24.5% |
| Current assets | 29/58 | €2,375 | €2,259 | -€116 | -4.9% |
| Amounts receivable within one year | 40/41 | €323 | €467 | +€144 | +44.6% |
| Trade receivables | 40 | €285 | €429 | +€144 | +50.5% |
| Other amounts receivable | 41 | €38 | €38 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,716 | €1,792 | +€76 | +4.4% |
| Deferred charges and accrued income | 490/1 | €336 | - | -€336 | |
| Total equity and liabilities | 10/49 | €26,556 | €20,127 | -€6,429 | -24.2% |
| Equity | 10/15 | -€89,034 | -€98,236 | -€9,202 | -10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,234 | -€104,436 | -€9,202 | -9.7% |
| Amounts payable | 17/49 | €115,590 | €118,363 | +€2,773 | +2.4% |
| Amounts payable within one year | 42/48 | €115,590 | €118,363 | +€2,773 | +2.4% |
| Trade debts | 44 | €1,098 | €1,330 | +€232 | +21.1% |
| Suppliers | 440/4 | €1,098 | €1,330 | +€232 | +21.1% |
| Taxes, remuneration and social security | 45 | €31 | €278 | +€247 | +797% |
| Taxes | 450/3 | €31 | €278 | +€247 | +797% |
| Other amounts payable | 47/48 | €114,461 | €116,755 | +€2,294 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,313 | €6,313 | = | 0.0% |
| Other operating charges | 640/8 | €1,437 | €1,380 | -€57 | -4.0% |
| Gross operating margin | 9900 | -€149 | -€1,404 | -€1,255 | -842% |
| Operating profit (loss) | 9901 | -€7,899 | -€9,097 | -€1,198 | -15.2% |
| Financial charges | 65/66B | €129 | €105 | -€24 | -18.6% |
| Recurring financial charges | 65 | €129 | €105 | -€24 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,028 | -€9,202 | -€1,174 | -14.6% |
| Profit (loss) for the period | 9904 | -€8,028 | -€9,202 | -€1,174 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,028 | -€9,202 | -€1,174 | -14.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.