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THOMAS GOLINVAUX: what changed

What changed

THOMAS GOLINVAUX

BE 0726.960.956
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€79,827
2024 · €81,145-€1,318
Equity
€85,004
2024 · €5,177+€79,827
Cash
€38,537
2024 · €83,637-€45,100
Balance sheet total
€104,809
2024 · €136,869-€32,060

Largest movements

2024 to 2025
Assets
  • Cash -€45,100

    down €45,100 (-53.9%), from €83,637 to €38,537

    mainly Other debts (-€80,628) and Tax, wage and social debts (-€34,722)

  • Current investments +€12,721

    up €12,721 (+30.0%), from €42,359 to €55,080

  • Receivables within one year +€3,398

    new in 2025: €3,398

  • Financial fixed assets -€2,000

    down €2,000 (-100%), from €2,000 to €0

Equity and liabilities
  • Other debts -€80,628

    down €80,628 (-88.8%), from €90,823 to €10,195

  • Profit (loss) carried forward +€79,827

    up €79,827 (+3,666%), from €2,177 to €82,004

  • Tax, wage and social debts -€34,722

    down €34,722 (-85.0%), from €40,868 to €6,147

    of which Taxes: -€34,722

  • Trade debts +€2,680

    up €2,680, from €0 to €2,680

Income statement
  • Other operating charges +€2,020

    up €2,020 (+327%), from €618 to €2,638

  • Gross operating margin +€1,704

    up €1,704 (+1.7%), from €102,679 to €104,383

  • Financial income -€1,396

    down €1,396 (-87.6%), from €1,593 to €197

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 €81,145
Gross operating margin +€1,704
Depreciation +€261
Other operating charges -€2,020
Financial income -€1,396
Financial charges +€104
Taxes +€28
Result 2025 €79,827
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations -€34,379
Investment -€10,721
Financing €0
Cash 2024 €83,637
Net result for the year +€79,827
Depreciation +€360
Receivables within one year -€3,398
Deferred charges and accrued income +€720
Trade debts +€2,680
Tax, wage and social debts -€34,722
Other debts -€80,628
Accrued charges and deferred income +€782
Investment in fixed assets (net) +€2,000
Current investments -€12,721
Cash 2025 €38,537
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €136,869 €104,809 -€32,060 -23.4%
Fixed assets 21/28 €2,360 €0 -€2,360 -100%
Tangible fixed assets 22/27 €360 €0 -€360 -100%
Furniture and vehicles 24 €360 €0 -€360 -100%
Financial fixed assets 28 €2,000 €0 -€2,000 -100%
Current assets 29/58 €134,509 €104,809 -€29,700 -22.1%
Amounts receivable within one year 40/41 - €3,398 +€3,398
Other amounts receivable 41 - €3,398 +€3,398
Current investments 50/53 €42,359 €55,080 +€12,721 +30.0%
Cash at bank and in hand 54/58 €83,637 €38,537 -€45,100 -53.9%
Deferred charges and accrued income 490/1 €8,513 €7,794 -€720 -8.5%
Total equity and liabilities 10/49 €136,869 €104,809 -€32,060 -23.4%
Equity 10/15 €5,177 €85,004 +€79,827 +1,542%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €2,177 €82,004 +€79,827 +3,666%
Amounts payable 17/49 €131,692 €19,804 -€111,887 -85.0%
Amounts payable within one year 42/48 €131,692 €19,022 -€112,669 -85.6%
Trade debts 44 €0 €2,680 +€2,680
Suppliers 440/4 €0 €2,680 +€2,680
Taxes, remuneration and social security 45 €40,868 €6,147 -€34,722 -85.0%
Taxes 450/3 €38,668 €3,947 -€34,722 -89.8%
Remuneration and social security 454/9 €2,200 €2,200 = 0.0%
Other amounts payable 47/48 €90,823 €10,195 -€80,628 -88.8%
Accrued charges and deferred income 492/3 - €782 +€782
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €621 €360 -€261 -42.1%
Other operating charges 640/8 €618 €2,638 +€2,020 +327%
Gross operating margin 9900 €102,679 €104,383 +€1,704 +1.7%
Operating profit (loss) 9901 €101,440 €101,385 -€55 -0.1%
Financial income 75/76B €1,593 €197 -€1,396 -87.6%
Recurring financial income 75 €1,593 €197 -€1,396 -87.6%
Financial charges 65/66B €198 €94 -€104 -52.5%
Recurring financial charges 65 €198 €94 -€104 -52.5%
Profit (loss) for the period before taxes 9903 €102,834 €101,488 -€1,346 -1.3%
Income taxes 67/77 €21,689 €21,661 -€28 -0.1%
Profit (loss) for the period 9904 €81,145 €79,827 -€1,318 -1.6%
Profit (loss) for the period to be appropriated 9905 €81,145 €79,827 -€1,318 -1.6%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.