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GARANTIS: what changed

Two fiscal 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.

What changed

GARANTIS

BE 0783.796.028
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€6,517
2024 · -€1,735-€4,782
Equity
€5,248
2024 · €8,265-€3,017
Cash
€1,548
2024 · €2,065-€517
Balance sheet total
€8,048
2024 · €8,565-€517

Largest movements

2024 to 2025
Assets
  • Cash -€517

    down €517 (-25.0%), from €2,065 to €1,548

    mainly Net result for the year (-€6,517)

Equity and liabilities
  • Profit (loss) carried forward -€6,517

    down €6,517 (-375.6%), from -€1,735 to -€8,252

  • Contributions +€3,500

    up €3,500 (+35.0%), from €10,000 to €13,500

  • Other debts +€2,500

    up €2,500 (+833.3%), from €300 to €2,800

Income statement
  • Gross operating margin -€4,750

    down €4,750 (-276.3%), from -€1,719 to -€6,469

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€1,735
Gross operating margin -€4,750
Financial charges -€32
Result 2025 -€6,517

Cash bridge derived

cash 2024 to 2025

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.

From operations -€4,017
Investment €0
Financing +€3,500
Cash 2024 €2,065
Net result for the year -€6,517
Other debts +€2,500
Contributions, distributions and other +€3,500
Cash 2025 €1,548
Every line side by side 21 lines
Line Code 2024 2025 Change %
Total assets 20/58 €8,565 €8,048 -€517 -6.0%
Current assets 29/58 €8,565 €8,048 -€517 -6.0%
Amounts receivable within one year 40/41 €6,500 €6,500 = 0.0%
Other amounts receivable 41 €6,500 €6,500 = 0.0%
Cash at bank and in hand 54/58 €2,065 €1,548 -€517 -25.0%
Total equity and liabilities 10/49 €8,565 €8,048 -€517 -6.0%
Equity 10/15 €8,265 €5,248 -€3,017 -36.5%
Contributions 10/11 €10,000 €13,500 +€3,500 +35.0%
Outside capital 11 €10,000 €13,500 +€3,500 +35.0%
Other 1109/19 €10,000 €13,500 +€3,500 +35.0%
Profit (loss) carried forward 14 -€1,735 -€8,252 -€6,517 -375.6%
Amounts payable 17/49 €300 €2,800 +€2,500 +833.3%
Amounts payable within one year 42/48 €300 €2,800 +€2,500 +833.3%
Other amounts payable 47/48 €300 €2,800 +€2,500 +833.3%
Gross operating margin 9900 -€1,719 -€6,469 -€4,750 -276.3%
Operating profit (loss) 9901 -€1,719 -€6,469 -€4,750 -276.3%
Financial charges 65/66B €16 €48 +€32 +200.0%
Recurring financial charges 65 €16 €48 +€32 +200.0%
Profit (loss) for the period before taxes 9903 -€1,735 -€6,517 -€4,782 -275.6%
Profit (loss) for the period 9904 -€1,735 -€6,517 -€4,782 -275.6%
Profit (loss) for the period to be appropriated 9905 -€1,735 -€6,517 -€4,782 -275.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.