Emmanuelle GUEULETTE: what changed
What changed
Emmanuelle GUEULETTE
filed annual accounts (NBB)
Net result for the year
€64,739
2024 · €59,573+€5,167
Equity
€291,434
2024 · €274,028+€17,406
Cash
€102,477
2024 · €54,577+€47,900
Balance sheet total
€356,349
2024 · €330,890+€25,459
Largest movements
Assets
- Cash +€47,900
up €47,900 (+87.8%), from €54,577 to €102,477
mainly Net result for the year (+€64,739) and Depreciation (+€21,202)
- Tangible fixed assets -€19,531
down €19,531 (-7.8%), from €250,067 to €230,536
of which Land and buildings: -€19,283
Equity and liabilities
- Reserves +€20,099
up €20,099 (+8.1%), from €249,000 to €269,099
- Other debts +€9,157
up €9,157 (+19.3%), from €47,438 to €56,595
Income statement
- Gross operating margin +€7,760
up €7,760 (+6.8%), from €113,641 to €121,401
- Taxes +€2,486
up €2,486 (+10.6%), from €23,475 to €25,961
- Other operating charges +€1,315
up €1,315 (+37.1%), from €3,541 to €4,856
- Depreciation -€1,296
down €1,296 (-5.8%), from €22,498 to €21,202
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.
Result 2024
€59,573
Gross operating margin
+€7,760
Depreciation
+€1,296
Other operating charges
-€1,315
Financial income
-€156
Financial charges
+€68
Taxes
-€2,486
Result 2025
€64,739
raises the resultlowers the result
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.
From operations
+€94,451
Investment
+€329
Financing
-€46,880
Cash 2024
€54,577
From operations (derived)
+€94,451
Net result for the year
+€64,739
Depreciation
+€21,202
Receivables within one year
+€2,038
Deferred charges and accrued income
-€1,128
Trade debts
-€1,692
Tax, wage and social debts
+€1,095
Other debts
+€9,157
Accrued charges and deferred income
-€960
Investment (derived)
+€329
Investment in fixed assets (net)
+€329
Financing
-€46,880
Short-term financial debts
+€453
Contributions, distributions and other
-€47,333
Cash 2025
€102,477
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €330,890 | €356,349 | +€25,459 | +7.7% |
| Fixed assets | 21/28 | €252,129 | €230,598 | -€21,531 | -8.5% |
| Tangible fixed assets | 22/27 | €250,067 | €230,536 | -€19,531 | -7.8% |
| Land and buildings | 22 | €244,704 | €225,421 | -€19,283 | -7.9% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €5,363 | €5,115 | -€248 | -4.6% |
| Financial fixed assets | 28 | €2,062 | €62 | -€2,000 | -97.0% |
| Current assets | 29/58 | €78,762 | €125,752 | +€46,990 | +59.7% |
| Amounts receivable within one year | 40/41 | €2,437 | €400 | -€2,038 | -83.6% |
| Trade receivables | 40 | - | €400 | +€400 | |
| Other amounts receivable | 41 | €2,437 | - | -€2,437 | |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,577 | €102,477 | +€47,900 | +87.8% |
| Deferred charges and accrued income | 490/1 | €1,748 | €2,876 | +€1,128 | +64.5% |
| Total equity and liabilities | 10/49 | €330,890 | €356,349 | +€25,459 | +7.7% |
| Equity | 10/15 | €274,028 | €291,434 | +€17,406 | +6.4% |
| Contributions | 10/11 | €14,260 | €12,400 | -€1,860 | -13.0% |
| Reserves | 13 | €249,000 | €269,099 | +€20,099 | +8.1% |
| Distributable reserves | 133 | €249,000 | €269,099 | +€20,099 | +8.1% |
| Profit (loss) carried forward | 14 | €10,768 | €9,935 | -€833 | -7.7% |
| Amounts payable | 17/49 | €56,862 | €64,915 | +€8,053 | +14.2% |
| Amounts payable within one year | 42/48 | €55,902 | €64,915 | +€9,013 | +16.1% |
| Financial debts | 43 | - | €453 | +€453 | |
| Credit institutions | 430/8 | - | €453 | +€453 | |
| Trade debts | 44 | €1,692 | - | -€1,692 | |
| Suppliers | 440/4 | €1,692 | - | -€1,692 | |
| Taxes, remuneration and social security | 45 | €6,772 | €7,868 | +€1,095 | +16.2% |
| Taxes | 450/3 | €4,722 | €5,818 | +€1,095 | +23.2% |
| Remuneration and social security | 454/9 | €2,050 | €2,050 | = | 0.0% |
| Other amounts payable | 47/48 | €47,438 | €56,595 | +€9,157 | +19.3% |
| Accrued charges and deferred income | 492/3 | €960 | - | -€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,498 | €21,202 | -€1,296 | -5.8% |
| Other operating charges | 640/8 | €3,541 | €4,856 | +€1,315 | +37.1% |
| Gross operating margin | 9900 | €113,641 | €121,401 | +€7,760 | +6.8% |
| Operating profit (loss) | 9901 | €87,603 | €95,343 | +€7,741 | +8.8% |
| Financial income | 75/76B | €638 | €481 | -€156 | -24.5% |
| Recurring financial income | 75 | €346 | €481 | +€136 | +39.3% |
| Non-recurring financial income | 76B | €292 | - | -€292 | |
| Financial charges | 65/66B | €5,193 | €5,124 | -€68 | -1.3% |
| Recurring financial charges | 65 | €5,193 | €3,124 | -€2,068 | -39.8% |
| Non-recurring financial charges | 66B | - | €2,000 | +€2,000 | |
| Profit (loss) for the period before taxes | 9903 | €83,048 | €90,700 | +€7,653 | +9.2% |
| Income taxes | 67/77 | €23,475 | €25,961 | +€2,486 | +10.6% |
| Profit (loss) for the period | 9904 | €59,573 | €64,739 | +€5,167 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €59,573 | €64,739 | +€5,167 | +8.7% |
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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 6 November 2026 via checked.be.