CASA GUTI: what changed
CASA GUTI
Largest movements
- Receivables within one year -€10,724
down €10,724 (-37.1%), from €28,931 to €18,206
of which Trade receivables: -€10,189
- Tangible fixed assets -€8,507
down €8,507 (-24.7%), from €34,433 to €25,926
of which Leasing and similar rights: -€5,287
- Cash -€4,250
down €4,250 (-96.3%), from €4,415 to €165
mainly Trade debts (-€15,425) and Debts after one year (-€10,724)
- Stocks and contracts -€3,340
down €3,340 (-29.8%), from €11,200 to €7,860
of which Stocks: -€1,900
- Trade debts -€15,425
down €15,425 (-44.8%), from €34,461 to €19,037
- Debts after one year -€10,724
down €10,724 (-44.7%), from €23,975 to €13,251
- Profit (loss) carried forward -€5,195
down €5,195 (-72.1%), from €7,201 to €2,006
- Accrued charges and deferred income +€3,161
new in 2025: €3,161
- Gross operating margin -€4,855
down €4,855 (-45.3%), from €10,728 to €5,873
- Depreciation +€991
up €991 (+13.2%), from €7,516 to €8,507
- Taxes -€312
down €312 (-66.1%), from €472 to €160
- Financial charges +€174
up €174 (+12.8%), from €1,362 to €1,537
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 | €80,661 | €53,345 | -€27,315 | -33.9% |
| Fixed assets | 21/28 | €34,433 | €25,926 | -€8,507 | -24.7% |
| Tangible fixed assets | 22/27 | €34,433 | €25,926 | -€8,507 | -24.7% |
| Plant, machinery and equipment | 23 | €9,457 | €7,123 | -€2,335 | -24.7% |
| Furniture and vehicles | 24 | €2,056 | €1,171 | -€885 | -43.0% |
| Leasing and similar rights | 25 | €22,920 | €17,633 | -€5,287 | -23.1% |
| Current assets | 29/58 | €46,228 | €27,419 | -€18,809 | -40.7% |
| Stocks and contracts in progress | 3 | €11,200 | €7,860 | -€3,340 | -29.8% |
| Stocks | 30/36 | €6,400 | €4,500 | -€1,900 | -29.7% |
| Contracts in progress | 37 | €4,800 | €3,360 | -€1,440 | -30.0% |
| Amounts receivable within one year | 40/41 | €28,931 | €18,206 | -€10,724 | -37.1% |
| Trade receivables | 40 | €26,757 | €16,568 | -€10,189 | -38.1% |
| Other amounts receivable | 41 | €2,174 | €1,638 | -€536 | -24.6% |
| Cash at bank and in hand | 54/58 | €4,415 | €165 | -€4,250 | -96.3% |
| Deferred charges and accrued income | 490/1 | €1,682 | €1,188 | -€494 | -29.4% |
| Total equity and liabilities | 10/49 | €80,661 | €53,345 | -€27,315 | -33.9% |
| Equity | 10/15 | €9,001 | €3,806 | -€5,195 | -57.7% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,201 | €2,006 | -€5,195 | -72.1% |
| Amounts payable | 17/49 | €71,660 | €49,539 | -€22,121 | -30.9% |
| Amounts payable after more than one year | 17 | €23,975 | €13,251 | -€10,724 | -44.7% |
| Financial debts | 170/4 | €23,975 | €13,251 | -€10,724 | -44.7% |
| Amounts payable within one year | 42/48 | €47,685 | €33,127 | -€14,558 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €10,425 | €10,724 | +€299 | +2.9% |
| Trade debts | 44 | €34,461 | €19,037 | -€15,425 | -44.8% |
| Suppliers | 440/4 | €34,461 | €19,037 | -€15,425 | -44.8% |
| Taxes, remuneration and social security | 45 | €2,353 | €3,023 | +€670 | +28.5% |
| Taxes | 450/3 | €472 | €1,023 | +€551 | +117% |
| Remuneration and social security | 454/9 | €1,881 | €2,000 | +€119 | +6.3% |
| Other amounts payable | 47/48 | €446 | €343 | -€103 | -23.1% |
| Accrued charges and deferred income | 492/3 | - | €3,161 | +€3,161 | |
| Non-recurring operating income | 76A | - | €539 | +€539 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,516 | €8,507 | +€991 | +13.2% |
| Other operating charges | 640/8 | €851 | €871 | +€20 | +2.4% |
| Gross operating margin | 9900 | €10,728 | €5,873 | -€4,855 | -45.3% |
| Operating profit (loss) | 9901 | €2,362 | -€3,505 | -€5,867 | |
| Financial income | 75/76B | €32 | €6 | -€25 | -79.6% |
| Recurring financial income | 75 | €32 | €6 | -€25 | -79.6% |
| Financial charges | 65/66B | €1,362 | €1,537 | +€174 | +12.8% |
| Recurring financial charges | 65 | €1,362 | €1,537 | +€174 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €1,031 | -€5,035 | -€6,066 | |
| Income taxes | 67/77 | €472 | €160 | -€312 | -66.1% |
| Profit (loss) for the period | 9904 | €559 | -€5,195 | -€5,754 | |
| Profit (loss) for the period to be appropriated | 9905 | €559 | -€5,195 | -€5,754 |
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 7 November 2026 via checked.be.