GUC Krediet: 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.
GUC Krediet
Largest movements
- Receivables within one year -€146,424
down €146,424 (-60.0%), from €243,848 to €97,424
of which Trade receivables: -€237,516
- Cash +€7,143
up €7,143 (+56.7%), from €12,606 to €19,749
mainly Receivables within one year (+€146,424) and Depreciation (+€4,322)
- Tangible fixed assets -€4,323
down €4,323 (-27.5%), from €15,699 to €11,376
of which Other tangible fixed assets: -€12,857
- Other debts -€76,241
down €76,241 (-100%), from €76,241 to €0
- Tax, wage and social debts -€35,221
down €35,221 (-97.2%), from €36,221 to €1,000
of which Taxes: -€36,221
- Reserves -€31,836
down €31,836 (-16.0%), from €198,395 to €166,559
of which Distributable reserves: -€29,976
- Gross operating margin -€146,494
down €146,494, from €122,910 to -€23,584
- Taxes -€49,826
down €49,826 (-96.9%), from €51,408 to €1,582
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 | €332,247 | €188,549 | -€143,698 | -43.3% |
| Fixed assets | 21/28 | €15,793 | €11,376 | -€4,417 | -28.0% |
| Tangible fixed assets | 22/27 | €15,699 | €11,376 | -€4,323 | -27.5% |
| Plant, machinery and equipment | 23 | €1,976 | €10,080 | +€8,104 | +410% |
| Furniture and vehicles | 24 | €866 | €1,296 | +€430 | +49.7% |
| Other tangible fixed assets | 26 | €12,857 | - | -€12,857 | |
| Financial fixed assets | 28 | €94 | €0 | -€94 | -100% |
| Current assets | 29/58 | €316,454 | €177,173 | -€139,281 | -44.0% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €243,848 | €97,424 | -€146,424 | -60.0% |
| Trade receivables | 40 | €237,516 | €0 | -€237,516 | -100% |
| Other amounts receivable | 41 | €6,332 | €97,424 | +€91,092 | +1,439% |
| Cash at bank and in hand | 54/58 | €12,606 | €19,749 | +€7,143 | +56.7% |
| Total equity and liabilities | 10/49 | €332,247 | €188,549 | -€143,698 | -43.3% |
| Equity | 10/15 | €216,995 | €185,159 | -€31,836 | -14.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €198,395 | €166,559 | -€31,836 | -16.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €196,535 | €166,559 | -€29,976 | -15.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €115,252 | €3,390 | -€111,862 | -97.1% |
| Amounts payable within one year | 42/48 | €115,252 | €3,390 | -€111,862 | -97.1% |
| Trade debts | 44 | €2,790 | €2,390 | -€400 | -14.3% |
| Suppliers | 440/4 | €2,790 | €2,390 | -€400 | -14.3% |
| Taxes, remuneration and social security | 45 | €36,221 | €1,000 | -€35,221 | -97.2% |
| Taxes | 450/3 | €36,221 | €0 | -€36,221 | -100% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €76,241 | €0 | -€76,241 | -100% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,366 | €4,322 | -€44 | -1.0% |
| Other operating charges | 640/8 | €281 | €144 | -€137 | -48.7% |
| Non-recurring operating charges | 66A | - | €1,832 | +€1,832 | |
| Gross operating margin | 9900 | €122,910 | -€23,584 | -€146,494 | |
| Operating profit (loss) | 9901 | €118,263 | -€29,882 | -€148,145 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €550 | €378 | -€172 | -31.2% |
| Recurring financial charges | 65 | €550 | €378 | -€172 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €117,713 | -€30,254 | -€147,967 | |
| Income taxes | 67/77 | €51,408 | €1,582 | -€49,826 | -96.9% |
| Profit (loss) for the period | 9904 | €66,305 | -€31,836 | -€98,141 | |
| Profit (loss) for the period to be appropriated | 9905 | €66,305 | -€31,836 | -€98,141 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.