GULDENBOOM: 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.
GULDENBOOM
Largest movements
- Cash +€39,423
up €39,423 (+101%), from €38,998 to €78,421
mainly Net result for the year (+€29,943) and Other debts (+€24,163)
- Tangible fixed assets -€17,422
down €17,422 (-2.5%), from €701,305 to €683,883
of which Furniture and vehicles: -€9,384
- Other debts +€24,163
up €24,163 (+6.7%), from €360,795 to €384,958
- Debts after one year -€20,495
down €20,495 (-26.1%), from €78,415 to €57,920
- Reserves +€13,181
up €13,181 (+9.5%), from €139,040 to €152,220
- Depreciation +€7,038
up €7,038 (+67.8%), from €10,384 to €17,422
- Financial charges -€2,445
down €2,445 (-8.4%), from €29,073 to €26,629
- Gross operating margin -€1,791
down €1,791 (-1.9%), from €93,291 to €91,500
- Taxes -€1,140
down €1,140 (-7.4%), from €15,427 to €14,288
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 | €859,552 | €884,438 | +€24,886 | +2.9% |
| Fixed assets | 21/28 | €701,305 | €683,883 | -€17,422 | -2.5% |
| Tangible fixed assets | 22/27 | €701,305 | €683,883 | -€17,422 | -2.5% |
| Land and buildings | 22 | €656,729 | €648,692 | -€8,038 | -1.2% |
| Furniture and vehicles | 24 | €44,575 | €35,191 | -€9,384 | -21.1% |
| Current assets | 29/58 | €158,247 | €200,556 | +€42,308 | +26.7% |
| Amounts receivable within one year | 40/41 | €119,249 | €122,134 | +€2,885 | +2.4% |
| Trade receivables | 40 | €17,261 | €16,940 | -€321 | -1.9% |
| Other amounts receivable | 41 | €101,988 | €105,194 | +€3,206 | +3.1% |
| Cash at bank and in hand | 54/58 | €38,998 | €78,421 | +€39,423 | +101% |
| Total equity and liabilities | 10/49 | €859,552 | €884,438 | +€24,886 | +2.9% |
| Equity | 10/15 | €382,632 | €395,812 | +€13,181 | +3.4% |
| Contributions | 10/11 | €243,592 | €243,592 | = | 0.0% |
| Reserves | 13 | €139,040 | €152,220 | +€13,181 | +9.5% |
| Distributable reserves | 133 | €139,040 | €152,220 | +€13,181 | +9.5% |
| Amounts payable | 17/49 | €476,920 | €488,626 | +€11,706 | +2.5% |
| Amounts payable after more than one year | 17 | €78,415 | €57,920 | -€20,495 | -26.1% |
| Financial debts | 170/4 | €78,415 | €57,920 | -€20,495 | -26.1% |
| Amounts payable within one year | 42/48 | €398,505 | €430,706 | +€32,201 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €20,201 | €20,495 | +€294 | +1.5% |
| Trade debts | 44 | €701 | €560 | -€141 | -20.2% |
| Suppliers | 440/4 | €701 | €560 | -€141 | -20.2% |
| Taxes, remuneration and social security | 45 | €16,808 | €24,694 | +€7,885 | +46.9% |
| Taxes | 450/3 | €16,808 | €24,694 | +€7,885 | +46.9% |
| Other amounts payable | 47/48 | €360,795 | €384,958 | +€24,163 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,384 | €17,422 | +€7,038 | +67.8% |
| Other operating charges | 640/8 | €3,242 | €3,219 | -€24 | -0.7% |
| Gross operating margin | 9900 | €93,291 | €91,500 | -€1,791 | -1.9% |
| Operating profit (loss) | 9901 | €79,665 | €70,860 | -€8,806 | -11.1% |
| Financial charges | 65/66B | €29,073 | €26,629 | -€2,445 | -8.4% |
| Recurring financial charges | 65 | €29,073 | €26,629 | -€2,445 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €50,592 | €44,231 | -€6,361 | -12.6% |
| Income taxes | 67/77 | €15,427 | €14,288 | -€1,140 | -7.4% |
| Profit (loss) for the period | 9904 | €35,165 | €29,943 | -€5,221 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,165 | €29,943 | -€5,221 | -14.8% |
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 18 October 2026 via checked.be.