Guan Schaiko: 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.
Guan Schaiko
Largest movements
- Receivables within one year +€136,678
up €136,678 (+38.2%), from €357,479 to €494,157
of which Other amounts receivable: +€152,027
- Tangible fixed assets +€32,710
new in 2025: €32,710
of which Furniture and vehicles: +€32,038
- Financial fixed assets +€30,000
up €30,000 (+100%), from €30,000 to €60,000
- Cash +€22,389
up €22,389 (+18.2%), from €123,309 to €145,699
mainly Net result for the year (+€225,552) and Trade debts (+€11,935)
- Reserves +€225,552
up €225,552 (+67.1%), from €336,315 to €561,867
- Trade debts +€11,935
up €11,935 (+2,387%), from €500 to €12,435
- Tax, wage and social debts -€10,813
down €10,813 (-6.9%), from €157,655 to €146,842
- Gross operating margin -€27,438
down €27,438 (-8.2%), from €334,414 to €306,976
- Taxes -€6,595
down €6,595 (-8.3%), from €79,428 to €72,833
- Depreciation +€5,816
new in 2025: €5,816
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 | €510,789 | €733,277 | +€222,488 | +43.6% |
| Fixed assets | 21/28 | €30,000 | €92,710 | +€62,710 | +209% |
| Tangible fixed assets | 22/27 | - | €32,710 | +€32,710 | |
| Plant, machinery and equipment | 23 | - | €672 | +€672 | |
| Furniture and vehicles | 24 | - | €32,038 | +€32,038 | |
| Financial fixed assets | 28 | €30,000 | €60,000 | +€30,000 | +100% |
| Current assets | 29/58 | €480,789 | €640,567 | +€159,778 | +33.2% |
| Amounts receivable within one year | 40/41 | €357,479 | €494,157 | +€136,678 | +38.2% |
| Trade receivables | 40 | €253,956 | €238,607 | -€15,348 | -6.0% |
| Other amounts receivable | 41 | €103,523 | €255,550 | +€152,027 | +147% |
| Cash at bank and in hand | 54/58 | €123,309 | €145,699 | +€22,389 | +18.2% |
| Deferred charges and accrued income | 490/1 | - | €711 | +€711 | |
| Total equity and liabilities | 10/49 | €510,789 | €733,277 | +€222,488 | +43.6% |
| Equity | 10/15 | €339,315 | €564,867 | +€225,552 | +66.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €336,315 | €561,867 | +€225,552 | +67.1% |
| Distributable reserves | 133 | €336,315 | €561,867 | +€225,552 | +67.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €171,474 | €168,410 | -€3,064 | -1.8% |
| Amounts payable after more than one year | 17 | €8,778 | €4,455 | -€4,323 | -49.3% |
| Financial debts | 170/4 | €8,778 | €4,455 | -€4,323 | -49.3% |
| Amounts payable within one year | 42/48 | €162,696 | €163,955 | +€1,260 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €4,540 | €4,678 | +€138 | +3.0% |
| Trade debts | 44 | €500 | €12,435 | +€11,935 | +2,387% |
| Suppliers | 440/4 | €500 | €12,435 | +€11,935 | +2,387% |
| Taxes, remuneration and social security | 45 | €157,655 | €146,842 | -€10,813 | -6.9% |
| Taxes | 450/3 | €157,655 | €146,842 | -€10,813 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,816 | +€5,816 | |
| Other operating charges | 640/8 | €636 | €1,545 | +€909 | +143% |
| Gross operating margin | 9900 | €334,414 | €306,976 | -€27,438 | -8.2% |
| Operating profit (loss) | 9901 | €333,778 | €299,614 | -€34,164 | -10.2% |
| Financial income | 75/76B | €2,736 | €1 | -€2,735 | -100.0% |
| Recurring financial income | 75 | €2,736 | €1 | -€2,735 | -100.0% |
| Financial charges | 65/66B | €681 | €1,230 | +€549 | +80.6% |
| Recurring financial charges | 65 | €681 | €1,230 | +€549 | +80.6% |
| Profit (loss) for the period before taxes | 9903 | €335,833 | €298,385 | -€37,448 | -11.2% |
| Income taxes | 67/77 | €79,428 | €72,833 | -€6,595 | -8.3% |
| Profit (loss) for the period | 9904 | €256,406 | €225,552 | -€30,853 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €256,406 | €225,552 | -€30,853 | -12.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.