ASSURANCES GUEVAR: 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.
ASSURANCES GUEVAR
Largest movements
- Receivables within one year +€9,785
up €9,785 (+66.1%), from €14,804 to €24,589
of which Other amounts receivable: +€22,574
- Cash -€4,550
down €4,550 (-20.1%), from €22,688 to €18,138
mainly Debts after one year (-€47,173) and Trade debts (-€14,211)
- Deferred charges and accrued income -€3,679
down €3,679 (-95.7%), from €3,846 to €167
- Intangible fixed assets -€1,154
down €1,154 (-28.6%), from €4,038 to €2,884
- Tangible fixed assets -€579
no longer reported in 2025 (was €579)
- Debts after one year -€47,173
down €47,173 (-70.0%), from €67,413 to €20,240
- Profit (loss) carried forward +€24,467
up €24,467 (+11.3%), from -€216,103 to -€191,636
- Reserves +€20,000
up €20,000 (+100%), from €20,000 to €40,000
- Tax, wage and social debts +€18,690
up €18,690 (+56.9%), from €32,839 to €51,529
of which Taxes: +€20,694
- Trade debts -€14,211
down €14,211 (-61.0%), from €23,298 to €9,087
of which Suppliers: -€14,211
- Gross operating margin +€17,422
up €17,422 (+11.1%), from €156,645 to €174,067
- Taxes +€14,089
up €14,089 (+387%), from €3,644 to €17,733
- Staff costs +€2,369
up €2,369 (+2.4%), from €99,530 to €101,899
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
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 | €49,739 | €49,563 | -€176 | -0.4% |
| Fixed assets | 21/28 | €8,402 | €6,669 | -€1,733 | -20.6% |
| Intangible fixed assets | 21 | €4,038 | €2,884 | -€1,154 | -28.6% |
| Tangible fixed assets | 22/27 | €579 | - | -€579 | |
| Furniture and vehicles | 24 | €579 | - | -€579 | |
| Financial fixed assets | 28 | €3,785 | €3,785 | = | 0.0% |
| Current assets | 29/58 | €41,337 | €42,894 | +€1,557 | +3.8% |
| Amounts receivable within one year | 40/41 | €14,804 | €24,589 | +€9,785 | +66.1% |
| Trade receivables | 40 | €14,804 | €2,015 | -€12,789 | -86.4% |
| Other amounts receivable | 41 | - | €22,574 | +€22,574 | |
| Cash at bank and in hand | 54/58 | €22,688 | €18,138 | -€4,550 | -20.1% |
| Deferred charges and accrued income | 490/1 | €3,846 | €167 | -€3,679 | -95.7% |
| Total equity and liabilities | 10/49 | €49,739 | €49,563 | -€176 | -0.4% |
| Equity | 10/15 | -€189,903 | -€145,436 | +€44,467 | +23.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,000 | €40,000 | +€20,000 | +100% |
| Distributable reserves | 133 | €20,000 | €40,000 | +€20,000 | +100% |
| Profit (loss) carried forward | 14 | -€216,103 | -€191,636 | +€24,467 | +11.3% |
| Amounts payable | 17/49 | €239,643 | €194,999 | -€44,643 | -18.6% |
| Amounts payable after more than one year | 17 | €67,413 | €20,240 | -€47,173 | -70.0% |
| Financial debts | 170/4 | €67,413 | €20,240 | -€47,173 | -70.0% |
| Amounts payable within one year | 42/48 | €172,229 | €174,759 | +€2,530 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €45,590 | €47,273 | +€1,683 | +3.7% |
| Trade debts | 44 | €23,298 | €9,087 | -€14,211 | -61.0% |
| Suppliers | 440/4 | €23,298 | €9,087 | -€14,211 | -61.0% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Advances received on contracts in progress | 46 | €3,062 | €0 | -€3,062 | -100% |
| Taxes, remuneration and social security | 45 | €32,839 | €51,529 | +€18,690 | +56.9% |
| Taxes | 450/3 | €13,883 | €34,577 | +€20,694 | +149% |
| Remuneration and social security | 454/9 | €18,956 | €16,952 | -€2,004 | -10.6% |
| Other amounts payable | 47/48 | €67,440 | €66,870 | -€570 | -0.8% |
| Remuneration, social security and pensions | 62 | €99,530 | €101,899 | +€2,369 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,774 | €1,733 | -€41 | -2.3% |
| Other operating charges | 640/8 | €1,336 | €1,410 | +€74 | +5.5% |
| Non-recurring operating charges | 66A | €75 | €410 | +€335 | +446% |
| Gross operating margin | 9900 | €156,645 | €174,067 | +€17,422 | +11.1% |
| Operating profit (loss) | 9901 | €53,931 | €68,615 | +€14,684 | +27.2% |
| Financial income | 75/76B | €743 | €618 | -€125 | -16.8% |
| Recurring financial income | 75 | €743 | €118 | -€625 | -84.1% |
| Non-recurring financial income | 76B | - | €500 | +€500 | |
| Financial charges | 65/66B | €8,489 | €7,033 | -€1,456 | -17.1% |
| Recurring financial charges | 65 | €8,489 | €7,033 | -€1,456 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €46,185 | €62,200 | +€16,015 | +34.7% |
| Income taxes | 67/77 | €3,644 | €17,733 | +€14,089 | +387% |
| Profit (loss) for the period | 9904 | €42,541 | €44,467 | +€1,926 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,541 | €44,467 | +€1,926 | +4.5% |
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 17 October 2026 via checked.be.