GUANTIMA: what changed
GUANTIMA
Largest movements
- Current investments +€75,000
up €75,000 (+42.9%), from €175,000 to €250,000
- Cash -€73,084
down €73,084 (-69.5%), from €105,195 to €32,112
mainly Contributions, distributions and other (-€151,375) and Current investments (-€75,000)
- Receivables within one year +€25,805
up €25,805 (+143%), from €17,992 to €43,797
of which Trade receivables: +€19,481
- Tangible fixed assets -€7,378
down €7,378 (-24.9%), from €29,683 to €22,305
of which Furniture and vehicles: -€7,238
- Other debts +€85,244
up €85,244 (+128%), from €66,666 to €151,910
- Reserves -€67,091
down €67,091 (-17.3%), from €386,950 to €319,859
- Gross operating margin -€15,700
down €15,700 (-11.4%), from €137,562 to €121,862
- Taxes -€6,215
down €6,215 (-15.5%), from €40,149 to €33,934
- Financial income -€3,198
down €3,198 (-38.2%), from €8,373 to €5,175
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €479,195 | €496,235 | +€17,040 | +3.6% |
| Fixed assets | 21/28 | €179,453 | €168,835 | -€10,618 | -5.9% |
| Tangible fixed assets | 22/27 | €29,683 | €22,305 | -€7,378 | -24.9% |
| Furniture and vehicles | 24 | €28,708 | €21,470 | -€7,238 | -25.2% |
| Other tangible fixed assets | 26 | €975 | €835 | -€140 | -14.4% |
| Financial fixed assets | 28 | €149,770 | €146,530 | -€3,240 | -2.2% |
| Current assets | 29/58 | €299,742 | €327,400 | +€27,658 | +9.2% |
| Amounts receivable within one year | 40/41 | €17,992 | €43,797 | +€25,805 | +143% |
| Trade receivables | 40 | €16,698 | €36,179 | +€19,481 | +117% |
| Other amounts receivable | 41 | €1,294 | €7,618 | +€6,324 | +489% |
| Current investments | 50/53 | €175,000 | €250,000 | +€75,000 | +42.9% |
| Cash at bank and in hand | 54/58 | €105,195 | €32,112 | -€73,084 | -69.5% |
| Deferred charges and accrued income | 490/1 | €1,555 | €1,491 | -€63 | -4.1% |
| Total equity and liabilities | 10/49 | €479,195 | €496,235 | +€17,040 | +3.6% |
| Equity | 10/15 | €399,360 | €332,269 | -€67,091 | -16.8% |
| Contributions | 10/11 | €12,410 | €12,410 | = | 0.0% |
| Reserves | 13 | €386,950 | €319,859 | -€67,091 | -17.3% |
| Distributable reserves | 133 | €386,950 | €319,859 | -€67,091 | -17.3% |
| Amounts payable | 17/49 | €79,835 | €163,966 | +€84,131 | +105% |
| Amounts payable within one year | 42/48 | €79,835 | €163,966 | +€84,131 | +105% |
| Trade debts | 44 | €1,634 | €1,681 | +€48 | +2.9% |
| Suppliers | 440/4 | €1,634 | €1,681 | +€48 | +2.9% |
| Taxes, remuneration and social security | 45 | €11,535 | €10,375 | -€1,160 | -10.1% |
| Taxes | 450/3 | €11,535 | €10,375 | -€1,160 | -10.1% |
| Other amounts payable | 47/48 | €66,666 | €151,910 | +€85,244 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,232 | €7,378 | +€1,146 | +18.4% |
| Other operating charges | 640/8 | €2,222 | €1,360 | -€862 | -38.8% |
| Gross operating margin | 9900 | €137,562 | €121,862 | -€15,700 | -11.4% |
| Operating profit (loss) | 9901 | €129,109 | €113,124 | -€15,984 | -12.4% |
| Financial income | 75/76B | €8,373 | €5,175 | -€3,198 | -38.2% |
| Recurring financial income | 75 | €8,373 | €5,175 | -€3,198 | -38.2% |
| Financial charges | 65/66B | €67 | €80 | +€13 | +19.1% |
| Recurring financial charges | 65 | €67 | €80 | +€13 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €137,414 | €118,219 | -€19,195 | -14.0% |
| Income taxes | 67/77 | €40,149 | €33,934 | -€6,215 | -15.5% |
| Profit (loss) for the period | 9904 | €97,265 | €84,285 | -€12,981 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,265 | €84,285 | -€12,981 | -13.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.