GOLESCO: 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.
GOLESCO
Largest movements
- Tangible fixed assets +€13,484
up €13,484 (+3.0%), from €448,744 to €462,228
of which Furniture and vehicles: +€13,484
- Profit (loss) carried forward +€14,160
up €14,160 (+17.0%), from -€83,066 to -€68,906
- Other debts +€12,516
up €12,516 (+15.6%), from €80,071 to €92,587
- Debts after one year -€7,931
down €7,931 (-3.7%), from €215,787 to €207,856
- Gross operating margin +€8,010
up €8,010 (+63.7%), from €12,584 to €20,594
- Other operating charges -€906
down €906 (-29.6%), from €3,059 to €2,153
- Financial income +€830
new in 2025: €830
of which Financial income: +€830
- Financial charges -€477
down €477 (-14.0%), from €3,415 to €2,938
of which Financial charges: -€475
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 | €518,663 | €537,759 | +€19,096 | +3.7% |
| Fixed assets | 21/28 | €448,744 | €462,228 | +€13,484 | +3.0% |
| Tangible fixed assets | 22/27 | €448,744 | €462,228 | +€13,484 | +3.0% |
| Land and buildings | 22 | €404,885 | €404,885 | = | 0.0% |
| Plant, machinery and equipment | 23 | €39,689 | €39,689 | = | 0.0% |
| Furniture and vehicles | 24 | €4,170 | €17,654 | +€13,484 | +323% |
| Current assets | 29/58 | €69,919 | €75,531 | +€5,612 | +8.0% |
| Stocks and contracts in progress | 3 | €12,489 | €12,489 | = | 0.0% |
| Stocks | 30/36 | €12,489 | €12,489 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €57,384 | €61,831 | +€4,447 | +7.7% |
| Trade receivables | 40 | - | €1,742 | +€1,742 | |
| Other amounts receivable | 41 | €57,384 | €60,089 | +€2,705 | +4.7% |
| Cash at bank and in hand | 54/58 | €27 | €1,211 | +€1,184 | +4,385% |
| Deferred charges and accrued income | 490/1 | €19 | - | -€19 | |
| Total equity and liabilities | 10/49 | €518,663 | €537,759 | +€19,096 | +3.7% |
| Equity | 10/15 | €215,050 | €229,210 | +€14,160 | +6.6% |
| Contributions | 10/11 | €174,000 | €174,000 | = | 0.0% |
| Capital | 10 | €174,000 | €174,000 | = | 0.0% |
| Issued capital | 100 | €174,000 | €174,000 | = | 0.0% |
| Revaluation surpluses | 12 | €120,825 | €120,825 | = | 0.0% |
| Reserves | 13 | €3,291 | €3,291 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,291 | €3,291 | = | 0.0% |
| Legal reserve | 130 | €3,291 | €3,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,066 | -€68,906 | +€14,160 | +17.0% |
| Amounts payable | 17/49 | €303,613 | €308,549 | +€4,936 | +1.6% |
| Amounts payable after more than one year | 17 | €215,787 | €207,856 | -€7,931 | -3.7% |
| Financial debts | 170/4 | €215,787 | €207,856 | -€7,931 | -3.7% |
| Amounts payable within one year | 42/48 | €87,825 | €100,692 | +€12,867 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €7,391 | €7,931 | +€540 | +7.3% |
| Trade debts | 44 | €24 | - | -€24 | |
| Suppliers | 440/4 | €24 | - | -€24 | |
| Taxes, remuneration and social security | 45 | €339 | €174 | -€165 | -48.7% |
| Taxes | 450/3 | €339 | €174 | -€165 | -48.7% |
| Other amounts payable | 47/48 | €80,071 | €92,587 | +€12,516 | +15.6% |
| Accrued charges and deferred income | 492/3 | €1 | €1 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,173 | +€173 | +8.7% |
| Other operating charges | 640/8 | €3,059 | €2,153 | -€906 | -29.6% |
| Gross operating margin | 9900 | €12,584 | €20,594 | +€8,010 | +63.7% |
| Operating profit (loss) | 9901 | €7,525 | €16,268 | +€8,743 | +116% |
| Financial income | 75/76B | - | €830 | +€830 | |
| Recurring financial income | 75 | - | €830 | +€830 | |
| Non-recurring financial income | 76B | - | €830 | +€830 | |
| Financial charges | 65/66B | €3,415 | €2,938 | -€477 | -14.0% |
| Recurring financial charges | 65 | €3,413 | €2,938 | -€475 | -13.9% |
| Non-recurring financial charges | 66B | €2 | - | -€2 | |
| Profit (loss) for the period before taxes | 9903 | €4,110 | €14,160 | +€10,050 | +245% |
| Income taxes | 67/77 | €174 | - | -€174 | |
| Profit (loss) for the period | 9904 | €3,936 | €14,160 | +€10,224 | +260% |
| Profit (loss) for the period to be appropriated | 9905 | €3,936 | €14,160 | +€10,224 | +260% |
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 28 October 2026 via checked.be.