GOLFEVER: 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.
GOLFEVER
Largest movements
- Tangible fixed assets -€34,365
down €34,365 (-14.7%), from €233,325 to €198,960
- Cash +€4,885
new in 2024: €4,885
mainly Depreciation (+€34,365) and Net result for the year (+€14,650)
- Receivables within one year +€4,507
up €4,507 (+75.9%), from €5,938 to €10,445
- Debts after one year -€38,500
down €38,500 (-6.3%), from €610,894 to €572,394
- Profit (loss) carried forward +€14,650
up €14,650 (+3.2%), from -€454,058 to -€439,408
- Trade debts +€4,492
up €4,492 (+79.1%), from €5,682 to €10,174
- Short-term financial debts -€4,309
no longer reported in 2024 (was €4,309)
- Gross operating margin +€7,392
up €7,392 (+11.4%), from €64,937 to €72,329
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,913 | €228,246 | -€23,667 | -9.4% |
| Fixed assets | 21/28 | €240,466 | €205,008 | -€35,458 | -14.7% |
| Tangible fixed assets | 22/27 | €233,325 | €198,960 | -€34,365 | -14.7% |
| Land and buildings | 22 | €233,325 | €198,960 | -€34,365 | -14.7% |
| Financial fixed assets | 28 | €7,141 | €6,048 | -€1,093 | -15.3% |
| Current assets | 29/58 | €11,447 | €23,238 | +€11,791 | +103% |
| Amounts receivable within one year | 40/41 | €5,938 | €10,445 | +€4,507 | +75.9% |
| Trade receivables | 40 | €5,938 | €10,445 | +€4,507 | +75.9% |
| Cash at bank and in hand | 54/58 | - | €4,885 | +€4,885 | |
| Deferred charges and accrued income | 490/1 | €5,509 | €7,908 | +€2,399 | +43.5% |
| Total equity and liabilities | 10/49 | €251,913 | €228,246 | -€23,667 | -9.4% |
| Equity | 10/15 | -€419,972 | -€405,322 | +€14,650 | +3.5% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€454,058 | -€439,408 | +€14,650 | +3.2% |
| Amounts payable | 17/49 | €671,885 | €633,568 | -€38,317 | -5.7% |
| Amounts payable after more than one year | 17 | €610,894 | €572,394 | -€38,500 | -6.3% |
| Financial debts | 170/4 | €610,894 | €572,394 | -€38,500 | -6.3% |
| Amounts payable within one year | 42/48 | €57,991 | €58,174 | +€183 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €48,000 | €48,000 | = | 0.0% |
| Financial debts | 43 | €4,309 | - | -€4,309 | |
| Credit institutions | 430/8 | €4,309 | - | -€4,309 | |
| Trade debts | 44 | €5,682 | €10,174 | +€4,492 | +79.1% |
| Suppliers | 440/4 | €5,682 | €10,174 | +€4,492 | +79.1% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,365 | €34,365 | = | 0.0% |
| Other operating charges | 640/8 | €6,232 | €6,486 | +€254 | +4.1% |
| Gross operating margin | 9900 | €64,937 | €72,329 | +€7,392 | +11.4% |
| Operating profit (loss) | 9901 | €24,340 | €31,478 | +€7,138 | +29.3% |
| Financial income | 75/76B | €627 | - | -€627 | |
| Recurring financial income | 75 | €627 | - | -€627 | |
| Financial charges | 65/66B | €16,991 | €16,828 | -€163 | -1.0% |
| Recurring financial charges | 65 | €16,991 | €16,828 | -€163 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €7,976 | €14,650 | +€6,674 | +83.7% |
| Profit (loss) for the period | 9904 | €7,976 | €14,650 | +€6,674 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,976 | €14,650 | +€6,674 | +83.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.