B.S. GUSTO: 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.
B.S. GUSTO
Largest movements
- Cash -€15,283
down €15,283 (-37.4%), from €40,831 to €25,548
mainly Net result for the year (-€18,776) and Other debts (-€7,500)
- Receivables within one year -€6,650
down €6,650 (-81.4%), from €8,172 to €1,522
of which Other amounts receivable: -€4,727
- Stocks and contracts -€1,050
down €1,050 (-14.8%), from €7,093 to €6,043
- Tangible fixed assets -€880
down €880 (-6.4%), from €13,740 to €12,860
of which Furniture and vehicles: -€677
- Profit (loss) carried forward -€18,776
down €18,776, from €8,045 to -€10,731
- Other debts -€7,500
no longer reported in 2025 (was €7,500)
- Tax, wage and social debts +€2,287
up €2,287 (+16.7%), from €13,698 to €15,985
of which Remuneration and social security: +€1,197
- Gross operating margin -€20,024
down €20,024 (-24.3%), from €82,565 to €62,540
- Staff costs +€3,273
up €3,273 (+4.7%), from €69,937 to €73,210
- Taxes -€1,079
down €1,079, from €1,075 to -€4
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 | €74,390 | €50,667 | -€23,724 | -31.9% |
| Fixed assets | 21/28 | €18,193 | €16,938 | -€1,255 | -6.9% |
| Intangible fixed assets | 21 | €1,423 | €1,048 | -€375 | -26.3% |
| Tangible fixed assets | 22/27 | €13,740 | €12,860 | -€880 | -6.4% |
| Plant, machinery and equipment | 23 | €3,967 | €3,466 | -€501 | -12.6% |
| Furniture and vehicles | 24 | €2,589 | €1,912 | -€677 | -26.1% |
| Other tangible fixed assets | 26 | €7,184 | €7,482 | +€298 | +4.2% |
| Financial fixed assets | 28 | €3,030 | €3,030 | = | 0.0% |
| Current assets | 29/58 | €56,198 | €33,729 | -€22,469 | -40.0% |
| Stocks and contracts in progress | 3 | €7,093 | €6,043 | -€1,050 | -14.8% |
| Stocks | 30/36 | €7,093 | €6,043 | -€1,050 | -14.8% |
| Amounts receivable within one year | 40/41 | €8,172 | €1,522 | -€6,650 | -81.4% |
| Trade receivables | 40 | €3,220 | €1,297 | -€1,923 | -59.7% |
| Other amounts receivable | 41 | €4,952 | €225 | -€4,727 | -95.5% |
| Cash at bank and in hand | 54/58 | €40,831 | €25,548 | -€15,283 | -37.4% |
| Deferred charges and accrued income | 490/1 | €101 | €615 | +€514 | +508% |
| Total equity and liabilities | 10/49 | €74,390 | €50,667 | -€23,724 | -31.9% |
| Equity | 10/15 | €43,505 | €24,729 | -€18,776 | -43.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| Distributable reserves | 133 | €16,860 | €16,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,045 | -€10,731 | -€18,776 | |
| Amounts payable | 17/49 | €30,886 | €25,938 | -€4,948 | -16.0% |
| Amounts payable within one year | 42/48 | €30,863 | €25,938 | -€4,925 | -16.0% |
| Trade debts | 44 | €9,664 | €9,953 | +€289 | +3.0% |
| Suppliers | 440/4 | €9,664 | €9,953 | +€289 | +3.0% |
| Taxes, remuneration and social security | 45 | €13,698 | €15,985 | +€2,287 | +16.7% |
| Taxes | 450/3 | €3,728 | €4,817 | +€1,089 | +29.2% |
| Remuneration and social security | 454/9 | €9,971 | €11,168 | +€1,197 | +12.0% |
| Other amounts payable | 47/48 | €7,500 | - | -€7,500 | |
| Accrued charges and deferred income | 492/3 | €23 | - | -€23 | |
| Remuneration, social security and pensions | 62 | €69,937 | €73,210 | +€3,273 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,658 | €4,627 | -€30 | -0.6% |
| Other operating charges | 640/8 | €1,935 | €1,860 | -€75 | -3.9% |
| Gross operating margin | 9900 | €82,565 | €62,540 | -€20,024 | -24.3% |
| Operating profit (loss) | 9901 | €6,035 | -€17,157 | -€23,193 | |
| Financial income | 75/76B | €299 | €133 | -€165 | -55.4% |
| Recurring financial income | 75 | €299 | €133 | -€165 | -55.4% |
| Financial charges | 65/66B | €1,670 | €1,756 | +€86 | +5.1% |
| Recurring financial charges | 65 | €1,670 | €1,756 | +€86 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €4,664 | -€18,780 | -€23,444 | |
| Income taxes | 67/77 | €1,075 | -€4 | -€1,079 | |
| Profit (loss) for the period | 9904 | €3,589 | -€18,776 | -€22,365 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,589 | -€18,776 | -€22,365 |
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 23 October 2026 via checked.be.