GOLDPHIELD: 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.
GOLDPHIELD
Largest movements
- Tangible fixed assets +€22,399
up €22,399 (+699.3%), from €3,203 to €25,602
of which Other tangible fixed assets: +€19,571
- Receivables within one year -€12,253
down €12,253 (-45.8%), from €26,773 to €14,520
of which Trade receivables: -€11,979
- Deferred charges and accrued income +€4,308
up €4,308 (+407.0%), from €1,059 to €5,367
- Cash +€1,063
up €1,063 (+7.2%), from €14,815 to €15,878
mainly Other debts (+€17,632) and Receivables within one year (+€12,253)
- Other debts +€17,632
up €17,632 (+631.0%), from €2,794 to €20,427
- Tax, wage and social debts -€1,787
down €1,787 (-53.1%), from €3,366 to €1,579
- Depreciation +€5,969
up €5,969 (+593.3%), from €1,006 to €6,975
- Gross operating margin -€5,255
down €5,255 (-36.6%), from €14,353 to €9,099
- Taxes -€521
down €521 (-31.7%), from €1,643 to €1,123
- Other operating charges -€374
down €374 (-25.5%), from €1,464 to €1,090
- Financial charges -€185
down €185 (-42.6%), from €435 to €249
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 | €45,850 | €61,367 | +€15,517 | +33.8% |
| Fixed assets | 21/28 | €3,203 | €25,602 | +€22,399 | +699.3% |
| Tangible fixed assets | 22/27 | €3,203 | €25,602 | +€22,399 | +699.3% |
| Plant, machinery and equipment | 23 | €663 | €3,491 | +€2,828 | +426.8% |
| Other tangible fixed assets | 26 | €2,540 | €22,111 | +€19,571 | +770.4% |
| Current assets | 29/58 | €42,647 | €35,765 | -€6,882 | -16.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €26,773 | €14,520 | -€12,253 | -45.8% |
| Trade receivables | 40 | €26,499 | €14,520 | -€11,979 | -45.2% |
| Other amounts receivable | 41 | €274 | €0 | -€274 | -100.0% |
| Cash at bank and in hand | 54/58 | €14,815 | €15,878 | +€1,063 | +7.2% |
| Deferred charges and accrued income | 490/1 | €1,059 | €5,367 | +€4,308 | +407.0% |
| Total equity and liabilities | 10/49 | €45,850 | €61,367 | +€15,517 | +33.8% |
| Equity | 10/15 | €39,506 | €39,167 | -€339 | -0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,039 | €38,039 | = | 0.0% |
| Distributable reserves | 133 | €38,039 | €38,039 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,732 | -€5,071 | -€339 | -7.2% |
| Amounts payable | 17/49 | €6,344 | €22,200 | +€15,856 | +249.9% |
| Amounts payable within one year | 42/48 | €6,344 | €22,200 | +€15,856 | +249.9% |
| Trade debts | 44 | €184 | €194 | +€10 | +5.5% |
| Suppliers | 440/4 | €184 | €194 | +€10 | +5.5% |
| Taxes, remuneration and social security | 45 | €3,366 | €1,579 | -€1,787 | -53.1% |
| Taxes | 450/3 | €3,366 | €1,579 | -€1,787 | -53.1% |
| Other amounts payable | 47/48 | €2,794 | €20,427 | +€17,632 | +631.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,006 | €6,975 | +€5,969 | +593.3% |
| Other operating charges | 640/8 | €1,464 | €1,090 | -€374 | -25.5% |
| Gross operating margin | 9900 | €14,353 | €9,099 | -€5,255 | -36.6% |
| Operating profit (loss) | 9901 | €11,883 | €1,033 | -€10,850 | -91.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €435 | €249 | -€185 | -42.6% |
| Recurring financial charges | 65 | €435 | €249 | -€185 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €11,449 | €784 | -€10,665 | -93.2% |
| Income taxes | 67/77 | €1,643 | €1,123 | -€521 | -31.7% |
| Profit (loss) for the period | 9904 | €9,805 | -€339 | -€10,144 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,805 | -€339 | -€10,144 |
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.