GAUGUINXL: what changed
GAUGUINXL
Largest movements
- Cash +€21,219
up €21,219 (+459%), from €4,621 to €25,841
mainly Tax, wage and social debts (+€15,713) and Depreciation (+€11,589)
- Intangible fixed assets -€7,250
no longer reported in 2025 (was €7,250)
- Stocks and contracts -€4,000
down €4,000 (-88.0%), from €4,547 to €547
- Receivables within one year -€861
down €861 (-97.8%), from €881 to €20
- Tax, wage and social debts +€15,713
up €15,713 (+75.5%), from €20,811 to €36,524
of which Taxes: +€8,619
- Trade debts -€9,851
down €9,851 (-39.8%), from €24,727 to €14,876
- Profit (loss) carried forward +€6,848
up €6,848 (+14.1%), from -€48,669 to -€41,822
- Other debts -€4,000
down €4,000 (-25.1%), from €15,905 to €11,905
- Gross operating margin +€44,651
up €44,651 (+35.7%), from €125,244 to €169,895
- Taxes +€17,663
up €17,663 (+1,766%), from €1,000 to €18,663
- Depreciation +€10,524
up €10,524 (+988%), from €1,065 to €11,589
- Staff costs +€10,505
up €10,505 (+10.9%), from €96,623 to €107,128
- Other operating charges +€6,346
up €6,346 (+44.6%), from €14,240 to €20,586
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 | €45,113 | €53,823 | +€8,710 | +19.3% |
| Fixed assets | 21/28 | €26,387 | €18,739 | -€7,648 | -29.0% |
| Intangible fixed assets | 21 | €7,250 | - | -€7,250 | |
| Tangible fixed assets | 22/27 | €18,857 | €18,459 | -€398 | -2.1% |
| Plant, machinery and equipment | 23 | €16,625 | €14,954 | -€1,671 | -10.1% |
| Furniture and vehicles | 24 | €2,232 | €3,505 | +€1,273 | +57.0% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €18,726 | €35,084 | +€16,358 | +87.4% |
| Stocks and contracts in progress | 3 | €4,547 | €547 | -€4,000 | -88.0% |
| Stocks | 30/36 | €4,547 | €547 | -€4,000 | -88.0% |
| Amounts receivable within one year | 40/41 | €881 | €20 | -€861 | -97.8% |
| Other amounts receivable | 41 | €881 | €20 | -€861 | -97.8% |
| Cash at bank and in hand | 54/58 | €4,621 | €25,841 | +€21,219 | +459% |
| Deferred charges and accrued income | 490/1 | €8,676 | €8,676 | = | 0.0% |
| Total equity and liabilities | 10/49 | €45,113 | €53,823 | +€8,710 | +19.3% |
| Equity | 10/15 | -€28,669 | -€21,822 | +€6,848 | +23.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,669 | -€41,822 | +€6,848 | +14.1% |
| Amounts payable | 17/49 | €73,782 | €75,644 | +€1,862 | +2.5% |
| Amounts payable after more than one year | 17 | €12,339 | €12,339 | = | 0.0% |
| Financial debts | 170/4 | €12,339 | €12,339 | = | 0.0% |
| Amounts payable within one year | 42/48 | €61,443 | €63,305 | +€1,862 | +3.0% |
| Trade debts | 44 | €24,727 | €14,876 | -€9,851 | -39.8% |
| Suppliers | 440/4 | €24,727 | €14,876 | -€9,851 | -39.8% |
| Taxes, remuneration and social security | 45 | €20,811 | €36,524 | +€15,713 | +75.5% |
| Taxes | 450/3 | €20,811 | €29,430 | +€8,619 | +41.4% |
| Remuneration and social security | 454/9 | - | €7,095 | +€7,095 | |
| Other amounts payable | 47/48 | €15,905 | €11,905 | -€4,000 | -25.1% |
| Remuneration, social security and pensions | 62 | €96,623 | €107,128 | +€10,505 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,065 | €11,589 | +€10,524 | +988% |
| Other operating charges | 640/8 | €14,240 | €20,586 | +€6,346 | +44.6% |
| Non-recurring operating charges | 66A | €4,102 | €2,826 | -€1,276 | -31.1% |
| Gross operating margin | 9900 | €125,244 | €169,895 | +€44,651 | +35.7% |
| Operating profit (loss) | 9901 | €9,215 | €27,767 | +€18,551 | +201% |
| Financial charges | 65/66B | €1,719 | €2,256 | +€537 | +31.3% |
| Recurring financial charges | 65 | €1,719 | €2,256 | +€537 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €7,496 | €25,510 | +€18,014 | +240% |
| Income taxes | 67/77 | €1,000 | €18,663 | +€17,663 | +1,766% |
| Profit (loss) for the period | 9904 | €6,496 | €6,848 | +€351 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,496 | €6,848 | +€351 | +5.4% |
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 2 November 2026 via checked.be.