GOLFHUIT: 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.
GOLFHUIT
Largest movements
- Receivables within one year +€21,051
up €21,051 (+396.6%), from €5,308 to €26,359
of which Trade receivables: +€19,825
- Other debts +€100,003
up €100,003 (+7692.5%), from €1,300 to €101,303
- Debts after one year -€98,233
down €98,233 (-51.4%), from €191,021 to €92,789
- Trade debts +€24,947
up €24,947 (+23.2%), from €107,560 to €132,507
- Profit (loss) carried forward -€7,707
down €7,707 (-8.6%), from -€89,148 to -€96,855
- Gross operating margin +€5,621
up €5,621 (+65.1%), from -€8,640 to -€3,019
- Financial charges +€1,873
up €1,873 (+86.6%), from €2,162 to €4,036
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 | €229,761 | €248,771 | +€19,010 | +8.3% |
| Fixed assets | 21/28 | €252 | - | -€252 | |
| Tangible fixed assets | 22/27 | €252 | - | -€252 | |
| Plant, machinery and equipment | 23 | €252 | - | -€252 | |
| Current assets | 29/58 | €229,509 | €248,771 | +€19,262 | +8.4% |
| Amounts receivable after more than one year | 29 | €222,290 | €222,290 | = | 0.0% |
| Other amounts receivable | 291 | €222,290 | €222,290 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,308 | €26,359 | +€21,051 | +396.6% |
| Trade receivables | 40 | €2,374 | €22,199 | +€19,825 | +834.9% |
| Other amounts receivable | 41 | €2,933 | €4,160 | +€1,226 | +41.8% |
| Cash at bank and in hand | 54/58 | €1,911 | €121 | -€1,789 | -93.6% |
| Total equity and liabilities | 10/49 | €229,761 | €248,771 | +€19,010 | +8.3% |
| Equity | 10/15 | -€70,548 | -€78,255 | -€7,707 | -10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,148 | -€96,855 | -€7,707 | -8.6% |
| Amounts payable | 17/49 | €300,309 | €327,025 | +€26,717 | +8.9% |
| Amounts payable after more than one year | 17 | €191,021 | €92,789 | -€98,233 | -51.4% |
| Financial debts | 170/4 | €191,021 | €92,789 | -€98,233 | -51.4% |
| Amounts payable within one year | 42/48 | €109,288 | €234,237 | +€124,949 | +114.3% |
| Trade debts | 44 | €107,560 | €132,507 | +€24,947 | +23.2% |
| Suppliers | 440/4 | €107,560 | €132,507 | +€24,947 | +23.2% |
| Taxes, remuneration and social security | 45 | €428 | €428 | = | 0.0% |
| Taxes | 450/3 | €428 | €428 | = | 0.0% |
| Other amounts payable | 47/48 | €1,300 | €101,303 | +€100,003 | +7692.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €252 | +€2 | +0.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€8,640 | -€3,019 | +€5,621 | +65.1% |
| Operating profit (loss) | 9901 | -€9,277 | -€3,671 | +€5,606 | +60.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,162 | €4,036 | +€1,873 | +86.6% |
| Recurring financial charges | 65 | €2,162 | €4,036 | +€1,873 | +86.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,439 | -€7,707 | +€3,732 | +32.6% |
| Profit (loss) for the period | 9904 | -€11,439 | -€7,707 | +€3,732 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,439 | -€7,707 | +€3,732 | +32.6% |
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 9 October 2026 via checked.be.