TEMA-GOLF: 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.
TEMA-GOLF
Largest movements
- Cash -€19,585
down €19,585 (-46.1%), from €42,452 to €22,867
mainly Receivables within one year (-€9,168) and Net result for the year (-€6,646)
- Receivables within one year +€9,168
up €9,168 (+150.9%), from €6,077 to €15,245
of which Trade receivables: +€4,669
- Deferred charges and accrued income +€608
up €608 (+121.5%), from €500 to €1,108
- Profit (loss) carried forward -€13,046
down €13,046 (-100.0%), from €13,051 to €5
- Other debts +€3,922
up €3,922 (+700.4%), from €560 to €4,482
- Tax, wage and social debts -€863
down €863 (-9.9%), from €8,699 to €7,836
of which Taxes: -€2,357
- Gross operating margin -€11,546
down €11,546, from €5,990 to -€5,556
- Taxes -€1,106
down €1,106 (-88.4%), from €1,251 to €145
- Financial charges +€142
up €142 (+187.4%), from €76 to €217
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.
Cash bridge derived
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 | €49,029 | €39,221 | -€9,809 | -20.0% |
| Current assets | 29/58 | €49,029 | €39,221 | -€9,809 | -20.0% |
| Amounts receivable within one year | 40/41 | €6,077 | €15,245 | +€9,168 | +150.9% |
| Trade receivables | 40 | €3,500 | €8,169 | +€4,669 | +133.4% |
| Other amounts receivable | 41 | €2,577 | €7,076 | +€4,499 | +174.6% |
| Cash at bank and in hand | 54/58 | €42,452 | €22,867 | -€19,585 | -46.1% |
| Deferred charges and accrued income | 490/1 | €500 | €1,108 | +€608 | +121.5% |
| Total equity and liabilities | 10/49 | €49,029 | €39,221 | -€9,809 | -20.0% |
| Equity | 10/15 | €39,368 | €26,321 | -€13,046 | -33.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €18,256 | €18,256 | = | 0.0% |
| Distributable reserves | 133 | €18,256 | €18,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,051 | €5 | -€13,046 | -100.0% |
| Amounts payable | 17/49 | €9,662 | €12,899 | +€3,237 | +33.5% |
| Amounts payable within one year | 42/48 | €9,662 | €12,899 | +€3,237 | +33.5% |
| Financial debts | 43 | €19 | - | -€19 | |
| Credit institutions | 430/8 | €19 | - | -€19 | |
| Trade debts | 44 | €384 | €581 | +€196 | +51.1% |
| Suppliers | 440/4 | €384 | €581 | +€196 | +51.1% |
| Taxes, remuneration and social security | 45 | €8,699 | €7,836 | -€863 | -9.9% |
| Taxes | 450/3 | €7,886 | €5,529 | -€2,357 | -29.9% |
| Remuneration and social security | 454/9 | €813 | €2,307 | +€1,495 | +183.9% |
| Other amounts payable | 47/48 | €560 | €4,482 | +€3,922 | +700.4% |
| Other operating charges | 640/8 | €699 | €730 | +€31 | +4.4% |
| Gross operating margin | 9900 | €5,990 | -€5,556 | -€11,546 | |
| Operating profit (loss) | 9901 | €5,291 | -€6,285 | -€11,577 | |
| Financial income | 75/76B | €50 | €2 | -€48 | -96.0% |
| Recurring financial income | 75 | €50 | €2 | -€48 | -96.0% |
| Financial charges | 65/66B | €76 | €217 | +€142 | +187.4% |
| Recurring financial charges | 65 | €76 | €217 | +€142 | +187.4% |
| Profit (loss) for the period before taxes | 9903 | €5,266 | -€6,501 | -€11,766 | |
| Income taxes | 67/77 | €1,251 | €145 | -€1,106 | -88.4% |
| Profit (loss) for the period | 9904 | €4,015 | -€6,646 | -€10,661 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,015 | -€6,646 | -€10,661 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.