GUASCH CONSULTING: 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.
GUASCH CONSULTING
Largest movements
- Current investments -€200,000
down €200,000 (-100%), from €200,000 to €0
- Cash +€142,608
up €142,608 (+118%), from €121,241 to €263,849
mainly Current investments (+€200,000) and Net result for the year (+€24,219)
- Receivables within one year +€28,676
up €28,676 (+60.6%), from €47,300 to €75,977
of which Trade receivables: +€16,059
- Reserves -€26,845
down €26,845 (-8.1%), from €332,995 to €306,150
of which Non-distributable reserves: -€26,845
- Tax, wage and social debts -€5,419
down €5,419 (-31.7%), from €17,098 to €11,679
- Gross operating margin -€47,506
down €47,506 (-44.6%), from €106,456 to €58,949
- Depreciation -€3,968
down €3,968 (-22.1%), from €17,961 to €13,993
- Taxes -€3,130
down €3,130 (-13.4%), from €23,430 to €20,300
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €427,038 | €395,178 | -€31,859 | -7.5% |
| Fixed assets | 21/28 | €58,496 | €55,019 | -€3,477 | -5.9% |
| Tangible fixed assets | 22/27 | €58,496 | €55,019 | -€3,477 | -5.9% |
| Land and buildings | 22 | €43,054 | €32,291 | -€10,764 | -25.0% |
| Plant, machinery and equipment | 23 | €3,533 | €10,325 | +€6,792 | +192% |
| Furniture and vehicles | 24 | €11,909 | €12,403 | +€494 | +4.2% |
| Current assets | 29/58 | €368,542 | €340,159 | -€28,382 | -7.7% |
| Amounts receivable within one year | 40/41 | €47,300 | €75,977 | +€28,676 | +60.6% |
| Trade receivables | 40 | €27,191 | €43,250 | +€16,059 | +59.1% |
| Other amounts receivable | 41 | €20,109 | €32,726 | +€12,617 | +62.7% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100% |
| Cash at bank and in hand | 54/58 | €121,241 | €263,849 | +€142,608 | +118% |
| Deferred charges and accrued income | 490/1 | - | €333 | +€333 | |
| Total equity and liabilities | 10/49 | €427,038 | €395,178 | -€31,859 | -7.5% |
| Equity | 10/15 | €405,262 | €378,417 | -€26,845 | -6.6% |
| Contributions | 10/11 | €12,401 | €12,401 | = | 0.0% |
| Reserves | 13 | €332,995 | €306,150 | -€26,845 | -8.1% |
| Non-distributable reserves | 130/1 | €326,851 | €300,006 | -€26,845 | -8.2% |
| Reserves not available under the articles | 1311 | €326,851 | €300,006 | -€26,845 | -8.2% |
| Distributable reserves | 133 | €6,144 | €6,144 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,866 | €59,866 | = | 0.0% |
| Amounts payable | 17/49 | €21,776 | €16,761 | -€5,014 | -23.0% |
| Amounts payable within one year | 42/48 | €21,776 | €16,761 | -€5,014 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €4,653 | €4,621 | -€32 | -0.7% |
| Trade debts | 44 | €25 | €462 | +€437 | +1,756% |
| Suppliers | 440/4 | €25 | €462 | +€437 | +1,756% |
| Taxes, remuneration and social security | 45 | €17,098 | €11,679 | -€5,419 | -31.7% |
| Taxes | 450/3 | €17,098 | €11,679 | -€5,419 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,961 | €13,993 | -€3,968 | -22.1% |
| Other operating charges | 640/8 | €2,913 | €2,892 | -€21 | -0.7% |
| Gross operating margin | 9900 | €106,456 | €58,949 | -€47,506 | -44.6% |
| Operating profit (loss) | 9901 | €85,581 | €42,064 | -€43,517 | -50.8% |
| Financial income | 75/76B | €3,580 | €3,923 | +€343 | +9.6% |
| Recurring financial income | 75 | €3,580 | €3,923 | +€343 | +9.6% |
| Financial charges | 65/66B | €1,925 | €1,469 | -€455 | -23.7% |
| Recurring financial charges | 65 | €1,925 | €1,469 | -€455 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €87,237 | €44,518 | -€42,719 | -49.0% |
| Income taxes | 67/77 | €23,430 | €20,300 | -€3,130 | -13.4% |
| Profit (loss) for the period | 9904 | €63,807 | €24,219 | -€39,589 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,807 | €24,219 | -€39,589 | -62.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.