GUALAP: 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.
GUALAP
Largest movements
- Stocks and contracts -€158,270
no longer reported in 2023 (was €158,270)
- Receivables within one year +€112,132
up €112,132 (+98.4%), from €113,974 to €226,106
of which Trade receivables: +€119,149
- Tangible fixed assets -€47,961
down €47,961 (-65.4%), from €73,332 to €25,371
of which Other tangible fixed assets: -€25,955
- Cash -€47,281
down €47,281 (-88.3%), from €53,546 to €6,265
mainly Receivables within one year (-€112,132) and Tax, wage and social debts (-€67,167)
- Tax, wage and social debts -€67,167
down €67,167 (-50.2%), from €133,735 to €66,568
of which Taxes: -€50,703
- Other debts -€40,864
down €40,864 (-67.1%), from €60,864 to €20,000
- Profit (loss) carried forward -€37,705
down €37,705 (-76.0%), from €49,634 to €11,929
- Trade debts +€19,679
up €19,679 (+21.7%), from €90,683 to €110,362
- Debts after one year -€10,096
down €10,096 (-56.9%), from €17,753 to €7,657
- Staff costs -€94,073
down €94,073 (-82.7%), from €113,816 to €19,743
- Gross operating margin +€25,850
up €25,850, from -€452 to €25,398
- Depreciation -€22,265
down €22,265 (-70.0%), from €31,792 to €9,527
- Provisions +€18,750
no longer reported in 2023 (was -€18,750)
- Other operating charges -€2,991
down €2,991 (-94.1%), from €3,178 to €187
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €404,122 | €264,146 | -€139,976 | -34.6% |
| Fixed assets | 21/28 | €78,332 | €30,371 | -€47,961 | -61.2% |
| Tangible fixed assets | 22/27 | €73,332 | €25,371 | -€47,961 | -65.4% |
| Plant, machinery and equipment | 23 | €386 | - | -€386 | |
| Furniture and vehicles | 24 | €46,991 | €25,371 | -€21,620 | -46.0% |
| Other tangible fixed assets | 26 | €25,955 | - | -€25,955 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €325,790 | €233,775 | -€92,015 | -28.2% |
| Stocks and contracts in progress | 3 | €158,270 | - | -€158,270 | |
| Stocks | 30/36 | €158,270 | - | -€158,270 | |
| Amounts receivable within one year | 40/41 | €113,974 | €226,106 | +€112,132 | +98.4% |
| Trade receivables | 40 | €90,514 | €209,663 | +€119,149 | +131.6% |
| Other amounts receivable | 41 | €23,460 | €16,443 | -€7,017 | -29.9% |
| Cash at bank and in hand | 54/58 | €53,546 | €6,265 | -€47,281 | -88.3% |
| Deferred charges and accrued income | 490/1 | - | €1,404 | +€1,404 | |
| Total equity and liabilities | 10/49 | €404,122 | €264,146 | -€139,976 | -34.6% |
| Equity | 10/15 | €87,169 | €49,464 | -€37,705 | -43.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,935 | €18,935 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,075 | €17,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,634 | €11,929 | -€37,705 | -76.0% |
| Amounts payable | 17/49 | €316,953 | €214,682 | -€102,271 | -32.3% |
| Amounts payable after more than one year | 17 | €17,753 | €7,657 | -€10,096 | -56.9% |
| Financial debts | 170/4 | €17,753 | €7,657 | -€10,096 | -56.9% |
| Amounts payable within one year | 42/48 | €295,250 | €207,025 | -€88,225 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €9,968 | €10,095 | +€127 | +1.3% |
| Trade debts | 44 | €90,683 | €110,362 | +€19,679 | +21.7% |
| Suppliers | 440/4 | €90,683 | €110,362 | +€19,679 | +21.7% |
| Taxes, remuneration and social security | 45 | €133,735 | €66,568 | -€67,167 | -50.2% |
| Taxes | 450/3 | €117,271 | €66,568 | -€50,703 | -43.2% |
| Remuneration and social security | 454/9 | €16,464 | - | -€16,464 | |
| Other amounts payable | 47/48 | €60,864 | €20,000 | -€40,864 | -67.1% |
| Accrued charges and deferred income | 492/3 | €3,950 | - | -€3,950 | |
| Non-recurring operating income | 76A | - | €19,260 | +€19,260 | |
| Remuneration, social security and pensions | 62 | €113,816 | €19,743 | -€94,073 | -82.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,792 | €9,527 | -€22,265 | -70.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€18,750 | - | +€18,750 | |
| Other operating charges | 640/8 | €3,178 | €187 | -€2,991 | -94.1% |
| Non-recurring operating charges | 66A | €527 | €30,694 | +€30,167 | +5724.3% |
| Gross operating margin | 9900 | -€452 | €25,398 | +€25,850 | |
| Operating profit (loss) | 9901 | -€131,015 | -€34,753 | +€96,262 | +73.5% |
| Financial income | 75/76B | €1,179 | €30 | -€1,149 | -97.5% |
| Recurring financial income | 75 | €1,179 | €30 | -€1,149 | -97.5% |
| Financial charges | 65/66B | €3,433 | €2,982 | -€451 | -13.1% |
| Recurring financial charges | 65 | €3,433 | €2,982 | -€451 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€133,269 | -€37,705 | +€95,564 | +71.7% |
| Profit (loss) for the period | 9904 | -€133,269 | -€37,705 | +€95,564 | +71.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€133,269 | -€37,705 | +€95,564 | +71.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.