GOLDOR: 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.
GOLDOR
Largest movements
- Receivables within one year +€54,610
up €54,610 (+760.1%), from €7,185 to €61,795
- Cash -€3,632
down €3,632 (-67.6%), from €5,370 to €1,738
mainly Receivables within one year (-€54,610) and Trade debts (-€8,200)
- Profit (loss) carried forward +€55,730
up €55,730 (+54.1%), from -€102,978 to -€47,248
- Trade debts -€8,200
down €8,200 (-16.9%), from €48,421 to €40,221
- Tax, wage and social debts +€3,835
up €3,835 (+231.1%), from €1,660 to €5,495
- Gross operating margin +€48,458
up €48,458 (+572.6%), from €8,462 to €56,920
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.
Cash bridge derived
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 | €12,555 | €63,533 | +€50,978 | +406.0% |
| Current assets | 29/58 | €12,555 | €63,533 | +€50,978 | +406.0% |
| Amounts receivable within one year | 40/41 | €7,185 | €61,795 | +€54,610 | +760.1% |
| Trade receivables | 40 | €7,185 | €61,795 | +€54,610 | +760.1% |
| Cash at bank and in hand | 54/58 | €5,370 | €1,738 | -€3,632 | -67.6% |
| Total equity and liabilities | 10/49 | €12,555 | €63,533 | +€50,978 | +406.0% |
| Equity | 10/15 | -€40,978 | €14,752 | +€55,730 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,978 | -€47,248 | +€55,730 | +54.1% |
| Amounts payable | 17/49 | €53,533 | €48,781 | -€4,752 | -8.9% |
| Amounts payable within one year | 42/48 | €53,146 | €48,781 | -€4,365 | -8.2% |
| Trade debts | 44 | €48,421 | €40,221 | -€8,200 | -16.9% |
| Suppliers | 440/4 | €48,421 | €40,221 | -€8,200 | -16.9% |
| Taxes, remuneration and social security | 45 | €1,660 | €5,495 | +€3,835 | +231.1% |
| Taxes | 450/3 | €1,660 | €5,495 | +€3,835 | +231.1% |
| Other amounts payable | 47/48 | €3,064 | €3,064 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Other operating charges | 640/8 | €407 | €949 | +€542 | +133.2% |
| Gross operating margin | 9900 | €8,462 | €56,920 | +€48,458 | +572.6% |
| Operating profit (loss) | 9901 | €8,055 | €55,971 | +€47,915 | +594.8% |
| Financial charges | 65/66B | €360 | €240 | -€120 | -33.3% |
| Recurring financial charges | 65 | €360 | €240 | -€120 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €7,695 | €55,730 | +€48,035 | +624.2% |
| Profit (loss) for the period | 9904 | €7,695 | €55,730 | +€48,035 | +624.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,695 | €55,730 | +€48,035 | +624.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.