Golfbreker: 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.
Golfbreker
Largest movements
- Current investments +€104,576
up €104,576 (+18.1%), from €576,625 to €681,201
- Cash -€34,071
down €34,071 (-46.4%), from €73,501 to €39,430
mainly Current investments (-€104,576) and Debts within one year (-€26,831)
- Reserves +€707,581
up €707,581 (+2473.4%), from €28,607 to €736,189
- Contributions -€620,678
no longer reported in 2025 (was €620,678)
- Debts within one year -€26,831
down €26,831 (-26.1%), from €102,930 to €76,100
of which Trade debts: -€26,041
- Purchases and services +€58,386
new in 2025: €58,386
- Gross operating margin +€29,099
up €29,099 (+4.0%), from €732,264 to €761,363
- Staff costs +€15,464
up €15,464 (+2.4%), from €646,247 to €661,711
- Other operating charges +€10,718
new in 2025: €10,718
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 | €753,665 | €821,577 | +€67,912 | +9.0% |
| Fixed assets | 21/28 | €4,740 | €2,581 | -€2,159 | -45.5% |
| Tangible fixed assets | 22/27 | €3,310 | €1,152 | -€2,159 | -65.2% |
| Plant, machinery and equipment | 23 | €3,310 | €1,152 | -€2,159 | -65.2% |
| Financial fixed assets | 28 | €1,429 | €1,429 | = | 0.0% |
| Current assets | 29/58 | €748,925 | €818,996 | +€70,070 | +9.4% |
| Amounts receivable within one year | 40/41 | €87,217 | €86,007 | -€1,210 | -1.4% |
| Other amounts receivable | 41 | €87,217 | €86,007 | -€1,210 | -1.4% |
| Current investments | 50/53 | €576,625 | €681,201 | +€104,576 | +18.1% |
| Cash at bank and in hand | 54/58 | €73,501 | €39,430 | -€34,071 | -46.4% |
| Deferred charges and accrued income | 490/1 | €11,582 | €12,357 | +€775 | +6.7% |
| Total equity and liabilities | 10/49 | €753,665 | €821,577 | +€67,912 | +9.0% |
| Equity | 10/15 | €649,286 | €743,177 | +€93,891 | +14.5% |
| Contributions | 10/11 | €620,678 | - | -€620,678 | |
| Capital | 10 | €620,678 | - | -€620,678 | |
| Reserves | 13 | €28,607 | €736,189 | +€707,581 | +2473.4% |
| Profit (loss) carried forward | 14 | - | €6,988 | +€6,988 | |
| Amounts payable | 17/49 | €104,379 | €78,400 | -€25,979 | -24.9% |
| Amounts payable within one year | 42/48 | €102,930 | €76,100 | -€26,831 | -26.1% |
| Trade debts | 44 | €35,878 | €9,837 | -€26,041 | -72.6% |
| Suppliers | 440/4 | €35,878 | €9,837 | -€26,041 | -72.6% |
| Taxes, remuneration and social security | 45 | €64,053 | €63,263 | -€790 | -1.2% |
| Remuneration and social security | 454/9 | €64,053 | €63,263 | -€790 | -1.2% |
| Accrued charges and deferred income | 492/3 | €1,449 | €2,300 | +€852 | +58.8% |
| Membership fees, donations, legacies and grants | 73 | €790,697 | €815,291 | +€24,593 | +3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €58,386 | +€58,386 | |
| Remuneration, social security and pensions | 62 | €646,247 | €661,711 | +€15,464 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,159 | €2,159 | = | 0.0% |
| Other operating charges | 640/8 | - | €10,718 | +€10,718 | |
| Gross operating margin | 9900 | €732,264 | €761,363 | +€29,099 | +4.0% |
| Operating profit (loss) | 9901 | €83,858 | €86,775 | +€2,916 | +3.5% |
| Financial income | 75/76B | €11,778 | €15,187 | +€3,409 | +28.9% |
| Recurring financial income | 75 | €11,778 | €15,187 | +€3,409 | +28.9% |
| Financial charges | 65/66B | €106 | - | -€106 | |
| Recurring financial charges | 65 | €106 | - | -€106 | |
| Profit (loss) for the period before taxes | 9903 | €95,530 | €101,961 | +€6,431 | +6.7% |
| Income taxes | 67/77 | €3,386 | €3,652 | +€266 | +7.8% |
| Profit (loss) for the period | 9904 | €92,145 | €98,310 | +€6,165 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €92,145 | €98,310 | +€6,165 | +6.7% |
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 12 October 2026 via checked.be.