READY2GOLF: what changed
Two fiscal 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.
READY2GOLF
Largest movements
- Cash +€40,678
up €40,678 (+51.4%), from €79,186 to €119,864
mainly Other debts (+€189,079) and Net result for the year (+€54,887)
- Other debts +€189,079
up €189,079 (+44.5%), from €425,341 to €614,420
- Profit (loss) carried forward -€125,113
down €125,113 (-92.7%), from €134,923 to €9,810
- Debts after one year -€63,111
down €63,111 (-14.4%), from €437,918 to €374,807
- Tax, wage and social debts +€25,429
up €25,429 (+1619.1%), from €1,571 to €27,000
- Taxes +€4,224
up €4,224 (+23.4%), from €18,071 to €22,295
- Gross operating margin +€1,802
up €1,802 (+1.6%), from €110,309 to €112,111
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.
Cash bridge derived
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 | €1,117,356 | €1,150,036 | +€32,680 | +2.9% |
| Fixed assets | 21/28 | €1,037,886 | €1,027,467 | -€10,419 | -1.0% |
| Tangible fixed assets | 22/27 | €1,037,886 | €1,027,467 | -€10,419 | -1.0% |
| Land and buildings | 22 | €1,037,886 | €1,027,467 | -€10,419 | -1.0% |
| Current assets | 29/58 | €79,470 | €122,569 | +€43,099 | +54.2% |
| Amounts receivable within one year | 40/41 | €284 | €2,705 | +€2,421 | +851.8% |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | €284 | €704 | +€420 | +147.9% |
| Cash at bank and in hand | 54/58 | €79,186 | €119,864 | +€40,678 | +51.4% |
| Total equity and liabilities | 10/49 | €1,117,356 | €1,150,036 | +€32,680 | +2.9% |
| Equity | 10/15 | €156,923 | €31,810 | -€125,113 | -79.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,923 | €9,810 | -€125,113 | -92.7% |
| Amounts payable | 17/49 | €960,433 | €1,118,226 | +€157,793 | +16.4% |
| Amounts payable after more than one year | 17 | €437,918 | €374,807 | -€63,111 | -14.4% |
| Financial debts | 170/4 | €437,918 | €374,807 | -€63,111 | -14.4% |
| Amounts payable within one year | 42/48 | €500,649 | €712,590 | +€211,941 | +42.3% |
| Current portion of amounts payable after more than one year | 42 | €73,370 | €69,880 | -€3,489 | -4.8% |
| Trade debts | 44 | €368 | €1,290 | +€921 | +250.1% |
| Suppliers | 440/4 | €368 | €1,290 | +€921 | +250.1% |
| Taxes, remuneration and social security | 45 | €1,571 | €27,000 | +€25,429 | +1619.1% |
| Taxes | 450/3 | €1,571 | €27,000 | +€25,429 | +1619.1% |
| Other amounts payable | 47/48 | €425,341 | €614,420 | +€189,079 | +44.5% |
| Accrued charges and deferred income | 492/3 | €21,866 | €30,829 | +€8,963 | +41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,419 | €10,419 | = | 0.0% |
| Other operating charges | 640/8 | €2,344 | €2,645 | +€301 | +12.8% |
| Gross operating margin | 9900 | €110,309 | €112,111 | +€1,802 | +1.6% |
| Operating profit (loss) | 9901 | €97,546 | €99,047 | +€1,501 | +1.5% |
| Financial income | 75/76B | €150 | €734 | +€584 | +389.5% |
| Recurring financial income | 75 | €150 | €734 | +€584 | +389.5% |
| Financial charges | 65/66B | €22,965 | €22,599 | -€365 | -1.6% |
| Recurring financial charges | 65 | €22,965 | €22,599 | -€365 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €74,732 | €77,182 | +€2,450 | +3.3% |
| Income taxes | 67/77 | €18,071 | €22,295 | +€4,224 | +23.4% |
| Profit (loss) for the period | 9904 | €56,661 | €54,887 | -€1,774 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,661 | €54,887 | -€1,774 | -3.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.