GUADAL: 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.
GUADAL
Largest movements
- Tangible fixed assets -€11,401
down €11,401 (-26.4%), from €43,173 to €31,772
of which Furniture and vehicles: -€9,440
- Cash -€6,593
down €6,593 (-33.1%), from €19,944 to €13,350
mainly Net result for the year (-€12,590) and Debts after one year (-€6,936)
- Receivables within one year -€835
down €835 (-17.4%), from €4,810 to €3,975
of which Trade receivables: -€1,067
- Profit (loss) carried forward -€12,590
down €12,590 (-378.5%), from -€3,326 to -€15,917
- Debts after one year -€6,936
down €6,936 (-30.1%), from €23,042 to €16,106
- Gross operating margin -€9,672
down €9,672 (-89.5%), from €10,804 to €1,132
- Financial charges -€397
down €397 (-21.4%), from €1,855 to €1,458
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.
Cash bridge derived
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 | €72,926 | €54,097 | -€18,829 | -25.8% |
| Fixed assets | 21/28 | €43,173 | €31,772 | -€11,401 | -26.4% |
| Tangible fixed assets | 22/27 | €43,173 | €31,772 | -€11,401 | -26.4% |
| Plant, machinery and equipment | 23 | €4,999 | €3,038 | -€1,961 | -39.2% |
| Furniture and vehicles | 24 | €38,174 | €28,734 | -€9,440 | -24.7% |
| Current assets | 29/58 | €29,753 | €22,325 | -€7,428 | -25.0% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,810 | €3,975 | -€835 | -17.4% |
| Trade receivables | 40 | €4,604 | €3,536 | -€1,067 | -23.2% |
| Other amounts receivable | 41 | €206 | €438 | +€232 | +112.7% |
| Cash at bank and in hand | 54/58 | €19,944 | €13,350 | -€6,593 | -33.1% |
| Total equity and liabilities | 10/49 | €72,926 | €54,097 | -€18,829 | -25.8% |
| Equity | 10/15 | €41,685 | €29,095 | -€12,590 | -30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,411 | €26,411 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €0 | -€1,000 | -100.0% |
| Reserves not available under the articles | 1311 | €1,000 | €0 | -€1,000 | -100.0% |
| Tax-exempt reserves | 132 | €4,995 | €4,995 | = | 0.0% |
| Distributable reserves | 133 | €20,416 | €21,416 | +€1,000 | +4.9% |
| Profit (loss) carried forward | 14 | -€3,326 | -€15,917 | -€12,590 | -378.5% |
| Amounts payable | 17/49 | €31,241 | €25,002 | -€6,239 | -20.0% |
| Amounts payable after more than one year | 17 | €23,042 | €16,106 | -€6,936 | -30.1% |
| Financial debts | 170/4 | €23,042 | €16,106 | -€6,936 | -30.1% |
| Amounts payable within one year | 42/48 | €7,850 | €8,750 | +€901 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €6,641 | €6,936 | +€296 | +4.5% |
| Trade debts | 44 | €82 | €636 | +€554 | +673.3% |
| Suppliers | 440/4 | €82 | €636 | +€554 | +673.3% |
| Taxes, remuneration and social security | 45 | €458 | €165 | -€293 | -64.1% |
| Taxes | 450/3 | €458 | €165 | -€293 | -64.1% |
| Other amounts payable | 47/48 | €669 | €1,013 | +€345 | +51.6% |
| Accrued charges and deferred income | 492/3 | €350 | €146 | -€204 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,441 | €11,401 | -€40 | -0.4% |
| Other operating charges | 640/8 | €680 | €699 | +€19 | +2.9% |
| Gross operating margin | 9900 | €10,804 | €1,132 | -€9,672 | -89.5% |
| Operating profit (loss) | 9901 | -€1,317 | -€10,968 | -€9,651 | -733.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1450.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1450.0% |
| Financial charges | 65/66B | €1,855 | €1,458 | -€397 | -21.4% |
| Recurring financial charges | 65 | €1,855 | €1,458 | -€397 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,172 | -€12,426 | -€9,254 | -291.8% |
| Income taxes | 67/77 | €155 | €165 | +€10 | +6.5% |
| Profit (loss) for the period | 9904 | -€3,326 | -€12,590 | -€9,264 | -278.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,326 | -€12,590 | -€9,264 | -278.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.