The Golf Shop: what changed
The Golf Shop
Largest movements
- Receivables within one year +€2,729
up €2,729 (+174%), from €1,567 to €4,296
of which Trade receivables: +€3,187
- Cash +€2,583
up €2,583 (+4.6%), from €56,670 to €59,253
mainly Tax, wage and social debts (+€5,405) and Net result for the year (+€4,880)
- Tax, wage and social debts +€5,405
up €5,405 (+168%), from €3,211 to €8,616
- Profit (loss) carried forward +€4,880
up €4,880 (+45.8%), from -€10,656 to -€5,776
- Other debts -€3,396
no longer reported in 2023 (was €3,396)
- Trade debts -€1,006
down €1,006 (-12.3%), from €8,199 to €7,193
- Gross operating margin +€33,869
up €33,869, from -€26,784 to €7,085
- Depreciation -€3,236
no longer reported in 2023 (was €3,236)
- Financial charges +€1,315
up €1,315 (+859%), from €153 to €1,468
- Taxes -€416
no longer reported in 2023 (was €416)
Change in the result, 2022 to 2023
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 2022 and 2023 balance sheets and the 2023 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 | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,237 | €64,121 | +€5,883 | +10.1% |
| Current assets | 29/58 | €58,237 | €64,121 | +€5,883 | +10.1% |
| Amounts receivable within one year | 40/41 | €1,567 | €4,296 | +€2,729 | +174% |
| Trade receivables | 40 | €1,109 | €4,296 | +€3,187 | +287% |
| Other amounts receivable | 41 | €458 | - | -€458 | |
| Cash at bank and in hand | 54/58 | €56,670 | €59,253 | +€2,583 | +4.6% |
| Deferred charges and accrued income | 490/1 | - | €572 | +€572 | |
| Total equity and liabilities | 10/49 | €58,237 | €64,121 | +€5,883 | +10.1% |
| Equity | 10/15 | €43,432 | €48,312 | +€4,880 | +11.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €35,496 | €35,496 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €33,636 | €33,636 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,656 | -€5,776 | +€4,880 | +45.8% |
| Amounts payable | 17/49 | €14,806 | €15,809 | +€1,003 | +6.8% |
| Amounts payable within one year | 42/48 | €14,806 | €15,809 | +€1,003 | +6.8% |
| Trade debts | 44 | €8,199 | €7,193 | -€1,006 | -12.3% |
| Suppliers | 440/4 | €8,199 | €7,193 | -€1,006 | -12.3% |
| Taxes, remuneration and social security | 45 | €3,211 | €8,616 | +€5,405 | +168% |
| Taxes | 450/3 | €3,211 | €8,616 | +€5,405 | +168% |
| Other amounts payable | 47/48 | €3,396 | - | -€3,396 | |
| Non-recurring operating income | 76A | €1,246 | - | -€1,246 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,236 | - | -€3,236 | |
| Other operating charges | 640/8 | €893 | €911 | +€18 | +2.0% |
| Gross operating margin | 9900 | -€26,784 | €7,085 | +€33,869 | |
| Operating profit (loss) | 9901 | -€30,914 | €6,174 | +€37,088 | |
| Financial income | 75/76B | - | €175 | +€175 | |
| Recurring financial income | 75 | - | €175 | +€175 | |
| Financial charges | 65/66B | €153 | €1,468 | +€1,315 | +859% |
| Recurring financial charges | 65 | €153 | €1,468 | +€1,315 | +859% |
| Profit (loss) for the period before taxes | 9903 | -€31,067 | €4,880 | +€35,947 | |
| Income taxes | 67/77 | €416 | - | -€416 | |
| Profit (loss) for the period | 9904 | -€31,483 | €4,880 | +€36,363 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,483 | €4,880 | +€36,363 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.