Guldendael: 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.
Guldendael
Largest movements
- Stocks and contracts +€119,168
up €119,168 (+67.4%), from €176,934 to €296,102
- Receivables within one year +€6,196
up €6,196 (+6.6%), from €93,241 to €99,437
of which Other amounts receivable: +€6,051
- Other debts +€152,336
up €152,336 (+63.5%), from €240,021 to €392,358
- Trade debts -€22,779
down €22,779 (-99.6%), from €22,878 to €99
- Tax, wage and social debts -€17,209
down €17,209 (-97.4%), from €17,672 to €463
- Profit (loss) carried forward +€10,429
no longer reported in 2024 (was -€10,429)
- Gross operating margin +€19,022
up €19,022, from -€8,041 to €10,980
- Other operating charges -€1,414
down €1,414 (-72.7%), from €1,945 to €532
- Financial charges -€206
down €206 (-46.7%), from €442 to €236
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €272,950 | €395,539 | +€122,589 | +44.9% |
| Current assets | 29/58 | €272,950 | €395,539 | +€122,589 | +44.9% |
| Stocks and contracts in progress | 3 | €176,934 | €296,102 | +€119,168 | +67.4% |
| Stocks | 30/36 | €176,934 | €296,102 | +€119,168 | +67.4% |
| Amounts receivable within one year | 40/41 | €93,241 | €99,437 | +€6,196 | +6.6% |
| Trade receivables | 40 | - | €145 | +€145 | |
| Other amounts receivable | 41 | €93,241 | €99,292 | +€6,051 | +6.5% |
| Cash at bank and in hand | 54/58 | €2,775 | €0 | -€2,775 | -100.0% |
| Total equity and liabilities | 10/49 | €272,950 | €395,539 | +€122,589 | +44.9% |
| Equity | 10/15 | -€7,621 | €2,584 | +€10,206 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €807 | €584 | -€223 | -27.6% |
| Distributable reserves | 133 | €807 | €584 | -€223 | -27.6% |
| Profit (loss) carried forward | 14 | -€10,429 | - | +€10,429 | |
| Amounts payable | 17/49 | €280,571 | €392,955 | +€112,383 | +40.1% |
| Amounts payable within one year | 42/48 | €280,571 | €392,955 | +€112,383 | +40.1% |
| Financial debts | 43 | - | €35 | +€35 | |
| Credit institutions | 430/8 | - | €35 | +€35 | |
| Trade debts | 44 | €22,878 | €99 | -€22,779 | -99.6% |
| Suppliers | 440/4 | €22,878 | €99 | -€22,779 | -99.6% |
| Taxes, remuneration and social security | 45 | €17,672 | €463 | -€17,209 | -97.4% |
| Taxes | 450/3 | €17,672 | €463 | -€17,209 | -97.4% |
| Other amounts payable | 47/48 | €240,021 | €392,358 | +€152,336 | +63.5% |
| Other operating charges | 640/8 | €1,945 | €532 | -€1,414 | -72.7% |
| Gross operating margin | 9900 | -€8,041 | €10,980 | +€19,022 | |
| Operating profit (loss) | 9901 | -€9,987 | €10,449 | +€20,435 | |
| Financial charges | 65/66B | €442 | €236 | -€206 | -46.7% |
| Recurring financial charges | 65 | €442 | €236 | -€206 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,429 | €10,213 | +€20,642 | |
| Profit (loss) for the period | 9904 | -€10,429 | €10,213 | +€20,642 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,429 | €10,213 | +€20,642 |
Source: filed annual accounts (NBB), financial years ended 31 August 2023 and 31 August 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.