MINIGOLF DE KOUTER: 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.
MINIGOLF DE KOUTER
Largest movements
- Tangible fixed assets +€8,440
up €8,440 (+50.6%), from €16,689 to €25,129
of which Furniture and vehicles: +€4,693
- Receivables within one year +€6,472
up €6,472 (+104%), from €6,250 to €12,722
of which Other amounts receivable: +€5,067
- Cash -€5,709
down €5,709 (-27.6%), from €20,652 to €14,943
mainly Other debts (-€21,374) and Investment in fixed assets (net) (-€17,921)
- Other debts -€21,374
down €21,374 (-98.8%), from €21,640 to €266
- Profit (loss) carried forward +€20,538
up €20,538 (+127%), from €16,233 to €36,771
- Trade debts +€10,780
up €10,780 (+1,170%), from €921 to €11,701
- Tax, wage and social debts -€741
down €741 (-41.2%), from €1,797 to €1,056
- Gross operating margin +€11,675
up €11,675 (+49.0%), from €23,830 to €35,505
- Depreciation +€2,350
up €2,350 (+32.9%), from €7,131 to €9,481
- Taxes +€2,277
up €2,277 (+83.1%), from €2,741 to €5,018
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 | €43,591 | €52,795 | +€9,203 | +21.1% |
| Fixed assets | 21/28 | €16,689 | €25,129 | +€8,440 | +50.6% |
| Tangible fixed assets | 22/27 | €16,689 | €25,129 | +€8,440 | +50.6% |
| Plant, machinery and equipment | 23 | €12,877 | €16,625 | +€3,748 | +29.1% |
| Furniture and vehicles | 24 | €3,812 | €8,505 | +€4,693 | +123% |
| Current assets | 29/58 | €26,902 | €27,665 | +€763 | +2.8% |
| Amounts receivable within one year | 40/41 | €6,250 | €12,722 | +€6,472 | +104% |
| Trade receivables | 40 | €5,933 | €7,338 | +€1,405 | +23.7% |
| Other amounts receivable | 41 | €318 | €5,384 | +€5,067 | +1,595% |
| Cash at bank and in hand | 54/58 | €20,652 | €14,943 | -€5,709 | -27.6% |
| Total equity and liabilities | 10/49 | €43,591 | €52,795 | +€9,203 | +21.1% |
| Equity | 10/15 | €19,233 | €39,771 | +€20,538 | +107% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,233 | €36,771 | +€20,538 | +127% |
| Amounts payable | 17/49 | €24,358 | €13,024 | -€11,335 | -46.5% |
| Amounts payable within one year | 42/48 | €24,358 | €13,024 | -€11,335 | -46.5% |
| Trade debts | 44 | €921 | €11,701 | +€10,780 | +1,170% |
| Suppliers | 440/4 | €921 | €11,701 | +€10,780 | +1,170% |
| Taxes, remuneration and social security | 45 | €1,797 | €1,056 | -€741 | -41.2% |
| Taxes | 450/3 | €1,797 | €1,056 | -€741 | -41.2% |
| Other amounts payable | 47/48 | €21,640 | €266 | -€21,374 | -98.8% |
| Non-recurring operating income | 76A | €447 | - | -€447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,131 | €9,481 | +€2,350 | +32.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €23,830 | €35,505 | +€11,675 | +49.0% |
| Operating profit (loss) | 9901 | €16,314 | €25,637 | +€9,323 | +57.1% |
| Financial income | 75/76B | €1 | €91 | +€90 | +12,661% |
| Recurring financial income | 75 | €1 | €91 | +€90 | +12,661% |
| Financial charges | 65/66B | €121 | €171 | +€50 | +41.7% |
| Recurring financial charges | 65 | €121 | €171 | +€50 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €16,194 | €25,556 | +€9,362 | +57.8% |
| Income taxes | 67/77 | €2,741 | €5,018 | +€2,277 | +83.1% |
| Profit (loss) for the period | 9904 | €13,453 | €20,538 | +€7,085 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,453 | €20,538 | +€7,085 | +52.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.