LE COMPTOIR DU GOLF: what changed
LE COMPTOIR DU GOLF
Largest movements
- Receivables after one year +€92,056
up €92,056 (+288%), from €31,944 to €124,000
of which Other amounts receivable: +€124,000
- Tangible fixed assets -€40,808
down €40,808 (-9.8%), from €415,768 to €374,960
of which Furniture and vehicles: -€30,597
- Cash -€18,880
down €18,880 (-55.3%), from €34,134 to €15,254
mainly Receivables after one year (-€92,056) and Debts after one year (-€12,489)
- Receivables within one year +€7,829
up €7,829 (+20.0%), from €39,192 to €47,021
of which Other amounts receivable: +€7,617
- Reserves +€40,000
up €40,000 (+17.5%), from €228,350 to €268,350
of which Distributable reserves: +€40,000
- Debts after one year -€12,489
down €12,489 (-38.9%), from €32,129 to €19,640
- Tax, wage and social debts +€10,198
up €10,198 (+105%), from €9,717 to €19,915
- Gross operating margin +€89,849
up €89,849 (+345%), from €26,028 to €115,877
- Taxes +€20,085
up €20,085, from -€281 to €19,803
- Depreciation +€13,308
up €13,308 (+48.4%), from €27,500 to €40,808
- Write-downs +€9,444
new in 2025: €9,444
- Other operating charges -€4,473
down €4,473 (-52.7%), from €8,493 to €4,019
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €524,503 | €563,356 | +€38,852 | +7.4% |
| Fixed assets | 21/28 | €415,768 | €374,960 | -€40,808 | -9.8% |
| Tangible fixed assets | 22/27 | €415,768 | €374,960 | -€40,808 | -9.8% |
| Land and buildings | 22 | €278,272 | €268,579 | -€9,692 | -3.5% |
| Plant, machinery and equipment | 23 | €1,480 | €961 | -€519 | -35.0% |
| Furniture and vehicles | 24 | €136,016 | €105,419 | -€30,597 | -22.5% |
| Current assets | 29/58 | €108,736 | €188,396 | +€79,660 | +73.3% |
| Amounts receivable after more than one year | 29 | €31,944 | €124,000 | +€92,056 | +288% |
| Trade receivables | 290 | €31,944 | €0 | -€31,944 | -100% |
| Other amounts receivable | 291 | - | €124,000 | +€124,000 | |
| Amounts receivable within one year | 40/41 | €39,192 | €47,021 | +€7,829 | +20.0% |
| Trade receivables | 40 | €4,197 | €4,410 | +€212 | +5.1% |
| Other amounts receivable | 41 | €34,994 | €42,611 | +€7,617 | +21.8% |
| Current investments | 50/53 | €51 | €51 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,134 | €15,254 | -€18,880 | -55.3% |
| Deferred charges and accrued income | 490/1 | €3,415 | €2,070 | -€1,345 | -39.4% |
| Total equity and liabilities | 10/49 | €524,503 | €563,356 | +€38,852 | +7.4% |
| Equity | 10/15 | €256,631 | €296,776 | +€40,145 | +15.6% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €228,350 | €268,350 | +€40,000 | +17.5% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €190,850 | €230,850 | +€40,000 | +21.0% |
| Profit (loss) carried forward | 14 | €281 | €426 | +€145 | +51.8% |
| Amounts payable | 17/49 | €267,873 | €266,580 | -€1,293 | -0.5% |
| Amounts payable after more than one year | 17 | €32,129 | €19,640 | -€12,489 | -38.9% |
| Financial debts | 170/4 | €32,129 | €19,640 | -€12,489 | -38.9% |
| Amounts payable within one year | 42/48 | €235,744 | €246,373 | +€10,629 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €12,026 | €12,489 | +€463 | +3.8% |
| Trade debts | 44 | €2,838 | €2,234 | -€604 | -21.3% |
| Suppliers | 440/4 | €2,838 | €2,234 | -€604 | -21.3% |
| Taxes, remuneration and social security | 45 | €9,717 | €19,915 | +€10,198 | +105% |
| Taxes | 450/3 | €9,717 | €19,915 | +€10,198 | +105% |
| Other amounts payable | 47/48 | €211,162 | €211,734 | +€572 | +0.3% |
| Accrued charges and deferred income | 492/3 | - | €567 | +€567 | |
| Non-recurring operating income | 76A | - | €119,445 | +€119,445 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,500 | €40,808 | +€13,308 | +48.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,444 | +€9,444 | |
| Other operating charges | 640/8 | €8,493 | €4,019 | -€4,473 | -52.7% |
| Gross operating margin | 9900 | €26,028 | €115,877 | +€89,849 | +345% |
| Operating profit (loss) | 9901 | -€9,965 | €61,605 | +€71,570 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,417 | €1,656 | +€239 | +16.9% |
| Recurring financial charges | 65 | €1,417 | €1,656 | +€239 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,382 | €59,949 | +€71,331 | |
| Income taxes | 67/77 | -€281 | €19,803 | +€20,085 | |
| Profit (loss) for the period | 9904 | -€11,100 | €40,145 | +€51,246 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,100 | €40,145 | +€51,246 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.