PRO FEEL GOLF: 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.
PRO FEEL GOLF
Largest movements
- Receivables within one year -€1,280
no longer reported in 2025 (was €1,280)
- Tangible fixed assets -€768
no longer reported in 2025 (was €768)
- Profit (loss) carried forward -€3,548
down €3,548 (-9.9%), from -€35,862 to -€39,410
- Short-term financial debts +€2,841
up €2,841 (+52.0%), from €5,463 to €8,304
- Other debts +€2,755
up €2,755 (+32.1%), from €8,585 to €11,340
- Trade debts -€2,612
no longer reported in 2025 (was €2,612)
- Tax, wage and social debts -€1,484
down €1,484 (-55.8%), from €2,657 to €1,173
- Gross operating margin -€9,471
down €9,471, from €7,534 to -€1,937
- Taxes -€1,346
down €1,346, from €1,200 to -€146
- Depreciation -€832
down €832 (-52.0%), from €1,600 to €768
- Financial charges -€760
down €760 (-43.5%), from €1,750 to €989
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,048 | - | -€2,048 | |
| Fixed assets | 21/28 | €768 | - | -€768 | |
| Tangible fixed assets | 22/27 | €768 | - | -€768 | |
| Plant, machinery and equipment | 23 | €768 | - | -€768 | |
| Current assets | 29/58 | €1,280 | - | -€1,280 | |
| Amounts receivable within one year | 40/41 | €1,280 | - | -€1,280 | |
| Trade receivables | 40 | €1,280 | - | -€1,280 | |
| Total equity and liabilities | 10/49 | €2,048 | - | -€2,048 | |
| Equity | 10/15 | -€17,270 | -€20,818 | -€3,548 | -20.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,862 | -€39,410 | -€3,548 | -9.9% |
| Amounts payable | 17/49 | €19,317 | €20,818 | +€1,500 | +7.8% |
| Amounts payable within one year | 42/48 | €19,317 | €20,818 | +€1,500 | +7.8% |
| Financial debts | 43 | €5,463 | €8,304 | +€2,841 | +52.0% |
| Credit institutions | 430/8 | €5,463 | €8,304 | +€2,841 | +52.0% |
| Trade debts | 44 | €2,612 | - | -€2,612 | |
| Suppliers | 440/4 | €2,612 | - | -€2,612 | |
| Taxes, remuneration and social security | 45 | €2,657 | €1,173 | -€1,484 | -55.8% |
| Taxes | 450/3 | €2,657 | €1,173 | -€1,484 | -55.8% |
| Other amounts payable | 47/48 | €8,585 | €11,340 | +€2,755 | +32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,600 | €768 | -€832 | -52.0% |
| Gross operating margin | 9900 | €7,534 | -€1,937 | -€9,471 | |
| Operating profit (loss) | 9901 | €5,934 | -€2,705 | -€8,638 | |
| Financial charges | 65/66B | €1,750 | €989 | -€760 | -43.5% |
| Recurring financial charges | 65 | €1,750 | €989 | -€760 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €4,184 | -€3,694 | -€7,878 | |
| Income taxes | 67/77 | €1,200 | -€146 | -€1,346 | |
| Profit (loss) for the period | 9904 | €2,984 | -€3,548 | -€6,532 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,984 | -€3,548 | -€6,532 |
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 24 October 2026 via checked.be.