GOUDEN LINK: 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.
GOUDEN LINK
Largest movements
- Receivables within one year -€311,585
down €311,585 (-43.2%), from €721,826 to €410,241
of which Other amounts receivable: -€304,500
- Other debts -€298,031
down €298,031 (-17.7%), from €1.7m to €1.4m
- Gross operating margin -€4,867
down €4,867 (-108%), from -€4,519 to -€9,386
- Financial charges -€1,991
down €1,991 (-74.2%), from €2,684 to €693
- Other operating charges +€1,799
up €1,799 (+56.7%), from €3,171 to €4,970
- Financial income -€1,455
down €1,455 (-48.5%), from €3,001 to €1,546
- Taxes +€131
new in 2023: €131
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,564,620 | €1,253,025 | -€311,595 | -19.9% |
| Fixed assets | 21/28 | €842,120 | €842,120 | = | 0.0% |
| Financial fixed assets | 28 | €842,120 | €842,120 | = | 0.0% |
| Current assets | 29/58 | €722,500 | €410,905 | -€311,595 | -43.1% |
| Amounts receivable within one year | 40/41 | €721,826 | €410,241 | -€311,585 | -43.2% |
| Trade receivables | 40 | €17,030 | €9,945 | -€7,085 | -41.6% |
| Other amounts receivable | 41 | €704,796 | €400,296 | -€304,500 | -43.2% |
| Cash at bank and in hand | 54/58 | €442 | €380 | -€62 | -14.0% |
| Deferred charges and accrued income | 490/1 | €232 | €284 | +€52 | +22.4% |
| Total equity and liabilities | 10/49 | €1,564,620 | €1,253,025 | -€311,595 | -19.9% |
| Equity | 10/15 | -€132,055 | -€145,689 | -€13,634 | -10.3% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€256,002 | -€269,636 | -€13,634 | -5.3% |
| Amounts payable | 17/49 | €1,696,675 | €1,398,714 | -€297,961 | -17.6% |
| Amounts payable within one year | 42/48 | €1,696,675 | €1,398,714 | -€297,961 | -17.6% |
| Trade debts | 44 | €8,294 | €8,294 | = | 0.0% |
| Suppliers | 440/4 | €8,294 | €8,294 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €70 | +€70 | |
| Taxes | 450/3 | - | €70 | +€70 | |
| Other amounts payable | 47/48 | €1,688,381 | €1,390,350 | -€298,031 | -17.7% |
| Other operating charges | 640/8 | €3,171 | €4,970 | +€1,799 | +56.7% |
| Gross operating margin | 9900 | -€4,519 | -€9,386 | -€4,867 | -108% |
| Operating profit (loss) | 9901 | -€7,690 | -€14,356 | -€6,666 | -86.7% |
| Financial income | 75/76B | €3,001 | €1,546 | -€1,455 | -48.5% |
| Recurring financial income | 75 | €3,001 | €1,546 | -€1,455 | -48.5% |
| Financial charges | 65/66B | €2,684 | €693 | -€1,991 | -74.2% |
| Recurring financial charges | 65 | €2,684 | €693 | -€1,991 | -74.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,373 | -€13,503 | -€6,130 | -83.1% |
| Income taxes | 67/77 | - | €131 | +€131 | |
| Profit (loss) for the period | 9904 | -€7,373 | -€13,634 | -€6,261 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,373 | -€13,634 | -€6,261 | -84.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.