Golfsome: 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.
Golfsome
Largest movements
- Tangible fixed assets -€11,503
down €11,503 (-38.7%), from €29,732 to €18,229
of which Leasing and similar rights: -€9,346
- Cash +€3,881
up €3,881 (+79.2%), from €4,900 to €8,781
mainly Depreciation (+€10,377) and Investment in fixed assets (net) (+€1,126)
- Deferred charges and accrued income +€651
up €651 (+292.2%), from €223 to €873
- Debts after one year -€6,618
down €6,618 (-59.8%), from €11,065 to €4,447
- Trade debts +€507
up €507 (+64.4%), from €787 to €1,294
- Taxes -€460
down €460 (-61.4%), from €749 to €289
- Gross operating margin -€384
down €384 (-2.7%), from €13,972 to €13,588
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 | €35,470 | €28,802 | -€6,668 | -18.8% |
| Fixed assets | 21/28 | €29,732 | €18,229 | -€11,503 | -38.7% |
| Tangible fixed assets | 22/27 | €29,732 | €18,229 | -€11,503 | -38.7% |
| Plant, machinery and equipment | 23 | €2,069 | €1,438 | -€631 | -30.5% |
| Furniture and vehicles | 24 | €2,262 | €737 | -€1,525 | -67.4% |
| Leasing and similar rights | 25 | €25,401 | €16,055 | -€9,346 | -36.8% |
| Current assets | 29/58 | €5,738 | €10,572 | +€4,834 | +84.2% |
| Amounts receivable within one year | 40/41 | €615 | €918 | +€302 | +49.1% |
| Trade receivables | 40 | €160 | €200 | +€40 | +25.0% |
| Other amounts receivable | 41 | €455 | €718 | +€262 | +57.6% |
| Cash at bank and in hand | 54/58 | €4,900 | €8,781 | +€3,881 | +79.2% |
| Deferred charges and accrued income | 490/1 | €223 | €873 | +€651 | +292.2% |
| Total equity and liabilities | 10/49 | €35,470 | €28,802 | -€6,668 | -18.8% |
| Equity | 10/15 | €8,622 | €8,311 | -€311 | -3.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €533 | €533 | = | 0.0% |
| Non-distributable reserves | 130/1 | €533 | €533 | = | 0.0% |
| Reserves not available under the articles | 1311 | €533 | €533 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,503 | -€10,814 | -€311 | -3.0% |
| Amounts payable | 17/49 | €26,848 | €20,491 | -€6,357 | -23.7% |
| Amounts payable after more than one year | 17 | €11,065 | €4,447 | -€6,618 | -59.8% |
| Financial debts | 170/4 | €11,065 | €4,447 | -€6,618 | -59.8% |
| Amounts payable within one year | 42/48 | €15,783 | €16,044 | +€261 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €6,557 | €6,618 | +€61 | +0.9% |
| Financial debts | 43 | €419 | €103 | -€316 | -75.4% |
| Credit institutions | 430/8 | €419 | €103 | -€316 | -75.4% |
| Trade debts | 44 | €787 | €1,294 | +€507 | +64.4% |
| Suppliers | 440/4 | €787 | €1,294 | +€507 | +64.4% |
| Taxes, remuneration and social security | 45 | €321 | €215 | -€107 | -33.3% |
| Taxes | 450/3 | €321 | €215 | -€107 | -33.3% |
| Other amounts payable | 47/48 | €7,698 | €7,814 | +€116 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,368 | €10,377 | +€9 | +0.1% |
| Other operating charges | 640/8 | €1,815 | €1,932 | +€117 | +6.5% |
| Non-recurring operating charges | 66A | €0 | €878 | +€878 | |
| Gross operating margin | 9900 | €13,972 | €13,588 | -€384 | -2.7% |
| Operating profit (loss) | 9901 | €1,789 | €402 | -€1,387 | -77.5% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €466 | €431 | -€35 | -7.5% |
| Recurring financial charges | 65 | €466 | €431 | -€35 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €1,324 | -€23 | -€1,346 | |
| Income taxes | 67/77 | €749 | €289 | -€460 | -61.4% |
| Profit (loss) for the period | 9904 | €575 | -€311 | -€886 | |
| Profit (loss) for the period to be appropriated | 9905 | €575 | -€311 | -€886 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.