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GOLEA CONSTRUCT: 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.

What changed

GOLEA CONSTRUCT

BE 0735.958.596
NACE 43.990, Other specialised construction activities
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
€32,148
2022 · €47,714-€15,565
Equity
€132,179
2022 · €100,031+€32,148
Cash
€47,944
2022 · €93,109-€45,165
Balance sheet total
€215,529
2022 · €389,786-€174,257

Largest movements

2022 to 2023
Assets
  • Receivables within one year -€146,735

    down €146,735 (-53.7%), from €273,386 to €126,651

    of which Trade receivables: -€140,434

  • Cash -€45,165

    down €45,165 (-48.5%), from €93,109 to €47,944

    mainly Trade debts (-€179,402) and Investment in fixed assets (net) (-€36,977)

  • Tangible fixed assets +€18,821

    up €18,821 (+100.4%), from €18,743 to €37,564

    of which Furniture and vehicles: +€17,132

Equity and liabilities
  • Trade debts -€179,402

    down €179,402 (-99.9%), from €179,559 to €157

  • Profit (loss) carried forward +€32,148

    up €32,148 (+34.0%), from €94,531 to €126,679

  • Other debts -€13,857

    down €13,857 (-22.1%), from €62,782 to €48,926

  • Tax, wage and social debts -€8,516

    down €8,516 (-25.8%), from €33,064 to €24,548

  • Debts after one year -€4,809

    down €4,809 (-49.5%), from €9,719 to €4,910

Income statement
  • Other operating charges +€18,512

    up €18,512 (+803.1%), from €2,305 to €20,817

  • Gross operating margin +€11,741

    up €11,741 (+15.5%), from €75,929 to €87,671

  • Depreciation +€7,411

    up €7,411 (+69.0%), from €10,745 to €18,156

  • Taxes +€1,526

    up €1,526 (+10.6%), from €14,356 to €15,882

From the 2022 result to the 2023 result

effect on the 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.

Result 2022 €47,714
Gross operating margin +€11,741
Depreciation -€7,411
Other operating charges -€18,512
Financial income +€1
Financial charges +€141
Taxes -€1,526
Result 2023 €32,148

Cash bridge derived

cash 2022 to 2023

Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€3,557
Investment -€36,977
Financing -€4,631
Cash 2022 €93,109
Net result for the year +€32,148
Depreciation +€18,156
Receivables within one year +€146,735
Deferred charges and accrued income +€1,179
Trade debts -€179,402
Tax, wage and social debts -€8,516
Other debts -€13,857
Investment in fixed assets (net) -€36,977
Debts after one year -€4,809
Current portion of long-term debt +€178
Cash 2023 €47,944
Every line side by side 42 lines
Line Code 2022 2023 Change %
Total assets 20/58 €389,786 €215,529 -€174,257 -44.7%
Fixed assets 21/28 €19,166 €37,988 +€18,821 +98.2%
Tangible fixed assets 22/27 €18,743 €37,564 +€18,821 +100.4%
Plant, machinery and equipment 23 €6,954 €14,988 +€8,034 +115.5%
Furniture and vehicles 24 - €17,132 +€17,132
Leasing and similar rights 25 €11,789 €5,444 -€6,345 -53.8%
Financial fixed assets 28 €424 €424 = 0.0%
Current assets 29/58 €370,620 €177,541 -€193,079 -52.1%
Amounts receivable within one year 40/41 €273,386 €126,651 -€146,735 -53.7%
Trade receivables 40 €255,606 €115,172 -€140,434 -54.9%
Other amounts receivable 41 €17,781 €11,479 -€6,302 -35.4%
Cash at bank and in hand 54/58 €93,109 €47,944 -€45,165 -48.5%
Deferred charges and accrued income 490/1 €4,125 €2,946 -€1,179 -28.6%
Total equity and liabilities 10/49 €389,786 €215,529 -€174,257 -44.7%
Equity 10/15 €100,031 €132,179 +€32,148 +32.1%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €500 €500 = 0.0%
Non-distributable reserves 130/1 €500 €500 = 0.0%
Reserves not available under the articles 1311 €500 €500 = 0.0%
Profit (loss) carried forward 14 €94,531 €126,679 +€32,148 +34.0%
Amounts payable 17/49 €289,755 €83,349 -€206,406 -71.2%
Amounts payable after more than one year 17 €9,719 €4,910 -€4,809 -49.5%
Financial debts 170/4 €9,719 €4,910 -€4,809 -49.5%
Amounts payable within one year 42/48 €280,036 €78,439 -€201,597 -72.0%
Current portion of amounts payable after more than one year 42 €4,631 €4,809 +€178 +3.8%
Trade debts 44 €179,559 €157 -€179,402 -99.9%
Suppliers 440/4 €179,559 €157 -€179,402 -99.9%
Taxes, remuneration and social security 45 €33,064 €24,548 -€8,516 -25.8%
Taxes 450/3 €33,064 €24,548 -€8,516 -25.8%
Other amounts payable 47/48 €62,782 €48,926 -€13,857 -22.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,745 €18,156 +€7,411 +69.0%
Other operating charges 640/8 €2,305 €20,817 +€18,512 +803.1%
Gross operating margin 9900 €75,929 €87,671 +€11,741 +15.5%
Operating profit (loss) 9901 €62,879 €48,698 -€14,181 -22.6%
Financial income 75/76B €0 €1 +€1 +1133.3%
Recurring financial income 75 €0 €1 +€1 +1133.3%
Financial charges 65/66B €809 €668 -€141 -17.4%
Recurring financial charges 65 €809 €668 -€141 -17.4%
Profit (loss) for the period before taxes 9903 €62,070 €48,030 -€14,040 -22.6%
Income taxes 67/77 €14,356 €15,882 +€1,526 +10.6%
Profit (loss) for the period 9904 €47,714 €32,148 -€15,565 -32.6%
Profit (loss) for the period to be appropriated 9905 €47,714 €32,148 -€15,565 -32.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.