GOUYNRG: what changed
Two financial 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.
GOUYNRG
Largest movements
- Receivables within one year +€2.3m
up €2.3m (+504%), from €449,470 to €2.7m
of which Trade receivables: +€2.3m
- Tangible fixed assets +€1.6m
up €1.6m (+6.6%), from €24.5m to €26.1m
- Intangible fixed assets -€518,400
down €518,400 (-21.3%), from €2.4m to €1.9m
- Short-term financial debts +€3.0m
new in 2025: €3.0m
- Current portion of long-term debt +€1.9m
new in 2025: €1.9m
- Debts after one year -€938,282
down €938,282 (-3.5%), from €27.0m to €26.0m
of which Financial debts: -€731,882
- Profit (loss) carried forward -€537,263
down €537,263 (-63.3%), from -€849,023 to -€1.4m
- Trade debts -€379,973
down €379,973 (-48.8%), from €778,603 to €398,630
- Gross operating margin +€2.8m
up €2.8m, from -€203,413 to €2.6m
- Depreciation +€1.8m
up €1.8m (+1,154%), from €157,220 to €2.0m
- Financial charges +€535,602
up €535,602 (+87.9%), from €609,479 to €1.1m
- Provisions +€33,333
new in 2025: €33,333
From the 2024 result to the 2025 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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,751,803 | €30,826,865 | +€3.1m | +11.1% |
| Fixed assets | 21/28 | €26,977,555 | €28,067,851 | +€1.1m | +4.0% |
| Intangible fixed assets | 21 | €2,434,780 | €1,916,380 | -€518,400 | -21.3% |
| Tangible fixed assets | 22/27 | €24,539,275 | €26,147,971 | +€1.6m | +6.6% |
| Plant, machinery and equipment | 23 | €24,539,275 | €26,147,971 | +€1.6m | +6.6% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €774,247 | €2,759,013 | +€2.0m | +256% |
| Amounts receivable within one year | 40/41 | €449,470 | €2,713,889 | +€2.3m | +504% |
| Trade receivables | 40 | €393,313 | €2,713,889 | +€2.3m | +590% |
| Other amounts receivable | 41 | €56,157 | - | -€56,157 | |
| Cash at bank and in hand | 54/58 | €322,813 | €42,458 | -€280,355 | -86.8% |
| Deferred charges and accrued income | 490/1 | €1,964 | €2,666 | +€701 | +35.7% |
| Total equity and liabilities | 10/49 | €27,751,803 | €30,826,865 | +€3.1m | +11.1% |
| Equity | 10/15 | -€749,023 | -€1,286,285 | -€537,263 | -71.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€849,023 | -€1,386,285 | -€537,263 | -63.3% |
| Provisions and deferred taxes | 16 | - | €33,333 | +€33,333 | |
| Provisions for liabilities and charges | 160/5 | - | €33,333 | +€33,333 | |
| Major repairs and maintenance | 162 | - | €33,333 | +€33,333 | |
| Amounts payable | 17/49 | €28,500,825 | €32,079,817 | +€3.6m | +12.6% |
| Amounts payable after more than one year | 17 | €26,966,882 | €26,028,600 | -€938,282 | -3.5% |
| Financial debts | 170/4 | €23,870,882 | €23,139,000 | -€731,882 | -3.1% |
| Other amounts payable | 178/9 | €3,096,000 | €2,889,600 | -€206,400 | -6.7% |
| Amounts payable within one year | 42/48 | €1,344,396 | €5,631,931 | +€4.3m | +319% |
| Current portion of amounts payable after more than one year | 42 | - | €1,920,400 | +€1.9m | |
| Financial debts | 43 | - | €2,950,000 | +€3.0m | |
| Credit institutions | 430/8 | - | €2,950,000 | +€3.0m | |
| Trade debts | 44 | €778,603 | €398,630 | -€379,973 | -48.8% |
| Suppliers | 440/4 | €778,603 | €398,630 | -€379,973 | -48.8% |
| Taxes, remuneration and social security | 45 | - | €54,608 | +€54,608 | |
| Taxes | 450/3 | - | €54,608 | +€54,608 | |
| Other amounts payable | 47/48 | €565,793 | €308,293 | -€257,500 | -45.5% |
| Accrued charges and deferred income | 492/3 | €189,548 | €419,285 | +€229,737 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,220 | €1,971,660 | +€1.8m | +1,154% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €33,333 | +€33,333 | |
| Other operating charges | 640/8 | €1,127 | €656 | -€470 | -41.7% |
| Gross operating margin | 9900 | -€203,413 | €2,613,468 | +€2.8m | |
| Operating profit (loss) | 9901 | -€361,760 | €607,818 | +€969,578 | |
| Financial charges | 65/66B | €609,479 | €1,145,081 | +€535,602 | +87.9% |
| Recurring financial charges | 65 | €609,479 | €1,145,081 | +€535,602 | +87.9% |
| Profit (loss) for the period before taxes | 9903 | -€971,239 | -€537,263 | +€433,976 | +44.7% |
| Profit (loss) for the period | 9904 | -€971,239 | -€537,263 | +€433,976 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€971,239 | -€537,263 | +€433,976 | +44.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.