Bouwonderneming Guts: what changed
Bouwonderneming Guts
Largest movements
- Receivables within one year +€55,527
up €55,527 (+25.5%), from €218,150 to €273,677
of which Other amounts receivable: +€64,552
- Cash -€2,966
down €2,966 (-40.1%), from €7,405 to €4,439
mainly Receivables within one year (-€55,527) and Trade debts (-€1,140)
- Profit (loss) carried forward +€46,203
up €46,203 (+29.6%), from €156,351 to €202,554
- Tax, wage and social debts +€7,235
up €7,235 (+18.0%), from €40,285 to €47,520
of which Taxes: +€12,669
- Gross operating margin -€63,611
down €63,611 (-43.4%), from €146,517 to €82,906
- Staff costs -€30,197
down €30,197 (-52.9%), from €57,110 to €26,913
- Taxes -€6,876
down €6,876 (-26.6%), from €25,881 to €19,005
- Financial income +€3,054
up €3,054 (+32.8%), from €9,317 to €12,371
Change in the result, 2024 to 2025
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 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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,229 | €278,535 | +€52,305 | +23.1% |
| Fixed assets | 21/28 | €674 | €419 | -€256 | -37.9% |
| Tangible fixed assets | 22/27 | €674 | €419 | -€256 | -37.9% |
| Plant, machinery and equipment | 23 | €674 | €419 | -€256 | -37.9% |
| Current assets | 29/58 | €225,555 | €278,116 | +€52,561 | +23.3% |
| Amounts receivable within one year | 40/41 | €218,150 | €273,677 | +€55,527 | +25.5% |
| Trade receivables | 40 | €20,410 | €11,386 | -€9,025 | -44.2% |
| Other amounts receivable | 41 | €197,740 | €262,291 | +€64,552 | +32.6% |
| Cash at bank and in hand | 54/58 | €7,405 | €4,439 | -€2,966 | -40.1% |
| Total equity and liabilities | 10/49 | €226,229 | €278,535 | +€52,305 | +23.1% |
| Equity | 10/15 | €158,851 | €205,054 | +€46,203 | +29.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,351 | €202,554 | +€46,203 | +29.6% |
| Amounts payable | 17/49 | €67,378 | €73,481 | +€6,102 | +9.1% |
| Amounts payable within one year | 42/48 | €67,378 | €73,481 | +€6,102 | +9.1% |
| Financial debts | 43 | - | €7 | +€7 | |
| Credit institutions | 430/8 | - | €7 | +€7 | |
| Trade debts | 44 | €27,094 | €25,954 | -€1,140 | -4.2% |
| Suppliers | 440/4 | €27,094 | €25,954 | -€1,140 | -4.2% |
| Taxes, remuneration and social security | 45 | €40,285 | €47,520 | +€7,235 | +18.0% |
| Taxes | 450/3 | €31,743 | €44,413 | +€12,669 | +39.9% |
| Remuneration and social security | 454/9 | €8,542 | €3,107 | -€5,434 | -63.6% |
| Remuneration, social security and pensions | 62 | €57,110 | €26,913 | -€30,197 | -52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €392 | €256 | -€136 | -34.7% |
| Other operating charges | 640/8 | €1,082 | €412 | -€670 | -61.9% |
| Gross operating margin | 9900 | €146,517 | €82,906 | -€63,611 | -43.4% |
| Operating profit (loss) | 9901 | €87,933 | €55,325 | -€32,608 | -37.1% |
| Financial income | 75/76B | €9,317 | €12,371 | +€3,054 | +32.8% |
| Recurring financial income | 75 | €9,317 | €12,371 | +€3,054 | +32.8% |
| Financial charges | 65/66B | €3,832 | €2,488 | -€1,344 | -35.1% |
| Recurring financial charges | 65 | €3,832 | €2,488 | -€1,344 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €93,418 | €65,208 | -€28,211 | -30.2% |
| Income taxes | 67/77 | €25,881 | €19,005 | -€6,876 | -26.6% |
| Profit (loss) for the period | 9904 | €67,537 | €46,203 | -€21,334 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,537 | €46,203 | -€21,334 | -31.6% |
Next steps
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 4 November 2026 via checked.be.