GUCHA CONSULT: 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.
GUCHA CONSULT
Largest movements
- Cash -€32,663
down €32,663 (-54.6%), from €59,780 to €27,116
mainly Investment in fixed assets (net) (-€40,172) and Receivables within one year (-€29,050)
- Receivables within one year +€29,050
up €29,050 (+30.7%), from €94,775 to €123,825
of which Trade receivables: +€17,473
- Financial fixed assets +€22,710
up €22,710 (+14.6%), from €155,308 to €178,018
- Tangible fixed assets -€14,238
down €14,238 (-4.0%), from €354,157 to €339,919
of which Furniture and vehicles: -€13,556
- Reserves +€26,323
up €26,323 (+4.1%), from €634,751 to €661,074
- Other debts -€24,711
down €24,711 (-14.8%), from €166,492 to €141,781
- Gross operating margin -€251,323
down €251,323 (-91.2%), from €275,566 to €24,243
- Financial income +€28,044
up €28,044 (+220.5%), from €12,720 to €40,764
of which Financial income: +€28,044
- Taxes -€9,177
down €9,177 (-77.1%), from €11,901 to €2,724
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.
Cash bridge derived
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 | €826,405 | €827,764 | +€1,358 | +0.2% |
| Fixed assets | 21/28 | €509,465 | €517,937 | +€8,472 | +1.7% |
| Tangible fixed assets | 22/27 | €354,157 | €339,919 | -€14,238 | -4.0% |
| Land and buildings | 22 | €265,872 | €269,377 | +€3,505 | +1.3% |
| Plant, machinery and equipment | 23 | €5,701 | €7,208 | +€1,507 | +26.4% |
| Furniture and vehicles | 24 | €53,080 | €39,524 | -€13,556 | -25.5% |
| Other tangible fixed assets | 26 | €29,504 | €23,811 | -€5,693 | -19.3% |
| Financial fixed assets | 28 | €155,308 | €178,018 | +€22,710 | +14.6% |
| Current assets | 29/58 | €316,940 | €309,826 | -€7,113 | -2.2% |
| Amounts receivable after more than one year | 29 | €95,706 | €92,206 | -€3,500 | -3.7% |
| Other amounts receivable | 291 | €95,706 | €92,206 | -€3,500 | -3.7% |
| Amounts receivable within one year | 40/41 | €94,775 | €123,825 | +€29,050 | +30.7% |
| Trade receivables | 40 | €31,558 | €49,031 | +€17,473 | +55.4% |
| Other amounts receivable | 41 | €63,217 | €74,794 | +€11,577 | +18.3% |
| Current investments | 50/53 | €66,680 | €66,680 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €59,780 | €27,116 | -€32,663 | -54.6% |
| Total equity and liabilities | 10/49 | €826,405 | €827,764 | +€1,358 | +0.2% |
| Equity | 10/15 | €653,351 | €679,674 | +€26,323 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €634,751 | €661,074 | +€26,323 | +4.1% |
| Distributable reserves | 133 | €634,751 | €661,074 | +€26,323 | +4.1% |
| Amounts payable | 17/49 | €173,054 | €148,090 | -€24,964 | -14.4% |
| Amounts payable within one year | 42/48 | €173,054 | €148,090 | -€24,964 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €4,245 | €4,226 | -€19 | -0.4% |
| Credit institutions | 430/8 | €4,245 | €4,226 | -€19 | -0.4% |
| Trade debts | 44 | €704 | €1,701 | +€997 | +141.5% |
| Suppliers | 440/4 | €704 | €1,701 | +€997 | +141.5% |
| Taxes, remuneration and social security | 45 | €1,613 | €382 | -€1,231 | -76.3% |
| Taxes | 450/3 | €1,613 | €382 | -€1,231 | -76.3% |
| Other amounts payable | 47/48 | €166,492 | €141,781 | -€24,711 | -14.8% |
| Non-recurring operating income | 76A | €199,907 | €2,712 | -€197,195 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,805 | €31,701 | -€105 | -0.3% |
| Other operating charges | 640/8 | €1,879 | €2,001 | +€122 | +6.5% |
| Non-recurring operating charges | 66A | - | €1,048 | +€1,048 | |
| Gross operating margin | 9900 | €275,566 | €24,243 | -€251,323 | -91.2% |
| Operating profit (loss) | 9901 | €241,881 | -€10,507 | -€252,388 | |
| Financial income | 75/76B | €12,720 | €40,764 | +€28,044 | +220.5% |
| Recurring financial income | 75 | €12,720 | €40,764 | +€28,044 | +220.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,961 | €1,210 | -€751 | -38.3% |
| Recurring financial charges | 65 | €1,961 | €1,210 | -€751 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €252,640 | €29,047 | -€223,594 | -88.5% |
| Income taxes | 67/77 | €11,901 | €2,724 | -€9,177 | -77.1% |
| Profit (loss) for the period | 9904 | €240,739 | €26,323 | -€214,417 | -89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €240,739 | €26,323 | -€214,417 | -89.1% |
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 9 October 2026 via checked.be.