GROEP GYSELS: 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.
GROEP GYSELS
Largest movements
- Stocks and contracts -€248,728
down €248,728 (-100%), from €248,728 to €0
- Cash +€93,460
up €93,460 (+235%), from €39,730 to €133,189
mainly Stocks and contracts (+€248,728) and Net result for the year (+€84,518)
- Receivables within one year +€42,589
up €42,589 (+645%), from €6,603 to €49,192
of which Other amounts receivable: +€33,587
- Other debts -€180,795
down €180,795 (-100%), from €180,795 to €0
- Reserves +€43,373
up €43,373 (+156%), from €27,734 to €71,107
of which Distributable reserves: +€43,373
- Tax, wage and social debts +€27,720
up €27,720 (+1,351%), from €2,051 to €29,771
- Profit (loss) carried forward -€5,221
down €5,221 (-100%), from €5,221 to €0
- Gross operating margin +€103,990
up €103,990 (+630%), from €16,498 to €120,489
- Taxes +€27,979
up €27,979 (+518%), from €5,398 to €33,378
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 | €301,422 | €189,147 | -€112,275 | -37.2% |
| Fixed assets | 21/28 | €1,361 | €848 | -€513 | -37.7% |
| Tangible fixed assets | 22/27 | €1,311 | €848 | -€463 | -35.3% |
| Furniture and vehicles | 24 | €1,311 | €848 | -€463 | -35.3% |
| Financial fixed assets | 28 | €50 | €0 | -€50 | -100% |
| Current assets | 29/58 | €300,061 | €188,299 | -€111,762 | -37.2% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €248,728 | €0 | -€248,728 | -100% |
| Stocks | 30/36 | €248,728 | €0 | -€248,728 | -100% |
| Amounts receivable within one year | 40/41 | €6,603 | €49,192 | +€42,589 | +645% |
| Trade receivables | 40 | €1,860 | €10,862 | +€9,002 | +484% |
| Other amounts receivable | 41 | €4,743 | €38,330 | +€33,587 | +708% |
| Cash at bank and in hand | 54/58 | €39,730 | €133,189 | +€93,460 | +235% |
| Deferred charges and accrued income | 490/1 | - | €918 | +€918 | |
| Total equity and liabilities | 10/49 | €301,422 | €189,147 | -€112,275 | -37.2% |
| Equity | 10/15 | €117,955 | €156,107 | +€38,152 | +32.3% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €27,734 | €71,107 | +€43,373 | +156% |
| Non-distributable reserves | 130/1 | €8,105 | €8,105 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,105 | €8,105 | = | 0.0% |
| Distributable reserves | 133 | €19,629 | €63,002 | +€43,373 | +221% |
| Profit (loss) carried forward | 14 | €5,221 | €0 | -€5,221 | -100% |
| Amounts payable | 17/49 | €183,466 | €33,040 | -€150,426 | -82.0% |
| Amounts payable within one year | 42/48 | €183,466 | €33,040 | -€150,426 | -82.0% |
| Trade debts | 44 | €620 | €3,269 | +€2,649 | +427% |
| Suppliers | 440/4 | €620 | €3,269 | +€2,649 | +427% |
| Taxes, remuneration and social security | 45 | €2,051 | €29,771 | +€27,720 | +1,351% |
| Taxes | 450/3 | €2,051 | €29,771 | +€27,720 | +1,351% |
| Other amounts payable | 47/48 | €180,795 | €0 | -€180,795 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78 | €463 | +€385 | +490% |
| Other operating charges | 640/8 | €2,198 | €1,437 | -€761 | -34.6% |
| Gross operating margin | 9900 | €16,498 | €120,489 | +€103,990 | +630% |
| Operating profit (loss) | 9901 | €14,222 | €118,589 | +€104,367 | +734% |
| Financial income | 75/76B | €59 | €46 | -€13 | -21.5% |
| Recurring financial income | 75 | €59 | €46 | -€13 | -21.5% |
| Financial charges | 65/66B | €837 | €740 | -€98 | -11.7% |
| Recurring financial charges | 65 | €837 | €740 | -€98 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €13,444 | €117,896 | +€104,452 | +777% |
| Income taxes | 67/77 | €5,398 | €33,378 | +€27,979 | +518% |
| Profit (loss) for the period | 9904 | €8,046 | €84,518 | +€76,472 | +950% |
| Profit (loss) for the period to be appropriated | 9905 | €8,046 | €84,518 | +€76,472 | +950% |
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 24 October 2026 via checked.be.