Golfzicht: 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.
Golfzicht
Largest movements
- Cash -€675
down €675 (-29.0%), from €2,329 to €1,654
mainly Debts after one year (-€700) and Trade debts (-€385)
- Debts after one year -€700
down €700 (-1.3%), from €52,932 to €52,232
- Gross operating margin +€91
up €91 (+3.0%), from €3,001 to €3,093
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 | €57,267 | €56,291 | -€975 | -1.7% |
| Fixed assets | 21/28 | €53,988 | €53,988 | = | 0.0% |
| Tangible fixed assets | 22/27 | €53,988 | €53,988 | = | 0.0% |
| Land and buildings | 22 | €53,988 | €53,988 | = | 0.0% |
| Current assets | 29/58 | €3,279 | €2,304 | -€975 | -29.7% |
| Amounts receivable within one year | 40/41 | €950 | €650 | -€300 | -31.6% |
| Trade receivables | 40 | €950 | €650 | -€300 | -31.6% |
| Cash at bank and in hand | 54/58 | €2,329 | €1,654 | -€675 | -29.0% |
| Total equity and liabilities | 10/49 | €57,267 | €56,291 | -€975 | -1.7% |
| Equity | 10/15 | €1,469 | €1,579 | +€110 | +7.5% |
| Contributions | 10/11 | €6,037 | €6,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,567 | -€4,457 | +€110 | +2.4% |
| Amounts payable | 17/49 | €55,797 | €54,712 | -€1,085 | -1.9% |
| Amounts payable after more than one year | 17 | €52,932 | €52,232 | -€700 | -1.3% |
| Other amounts payable | 178/9 | €52,932 | €52,232 | -€700 | -1.3% |
| Amounts payable within one year | 42/48 | €602 | €217 | -€385 | -64.0% |
| Trade debts | 44 | €552 | €166 | -€385 | -69.8% |
| Suppliers | 440/4 | €552 | €166 | -€385 | -69.8% |
| Other amounts payable | 47/48 | €51 | €51 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,263 | €2,263 | = | 0.0% |
| Other operating charges | 640/8 | €645 | €663 | +€18 | +2.8% |
| Gross operating margin | 9900 | €3,001 | €3,093 | +€91 | +3.0% |
| Operating profit (loss) | 9901 | €2,356 | €2,430 | +€74 | +3.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,306 | €2,320 | +€14 | +0.6% |
| Recurring financial charges | 65 | €2,306 | €2,320 | +€14 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €50 | €110 | +€60 | +120% |
| Profit (loss) for the period | 9904 | €50 | €110 | +€60 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €50 | €110 | +€60 | +120% |
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 25 October 2026 via checked.be.