GUCY MANAGEMENT: 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.
GUCY MANAGEMENT
Largest movements
- Financial fixed assets -€1.1m
down €1.1m (-68.3%), from €1.6m to €518,807
- Receivables within one year +€310,424
up €310,424 (+651.5%), from €47,648 to €358,072
of which Trade receivables: +€283,472
- Cash +€252,837
up €252,837 (+281.5%), from €89,824 to €342,660
mainly Investment in fixed assets (net) (+€1.1m) and Contributions, distributions and other (+€288,944)
- Receivables after one year +€23,083
up €23,083 (+65.7%), from €35,120 to €58,203
- Debts after one year -€1.3m
no longer reported in 2025 (was €1.3m)
- Reserves +€607,644
new in 2025: €607,644
- Other debts +€208,975
up €208,975 (+173.7%), from €120,279 to €329,254
- Profit (loss) carried forward -€90,521
down €90,521 (-100.0%), from €90,541 to €20
- Gross operating margin +€120,089
up €120,089 (+511.1%), from €23,495 to €143,584
- Financial income +€88,215
up €88,215 (+243.7%), from €36,196 to €124,411
- Taxes -€21,283
no longer reported in 2025 (was €21,283)
- Financial charges +€19,482
up €19,482 (+3383.5%), from €576 to €20,058
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 | €1,808,460 | €1,279,075 | -€529,385 | -29.3% |
| Fixed assets | 21/28 | €1,635,868 | €518,807 | -€1.1m | -68.3% |
| Financial fixed assets | 28 | €1,635,868 | €518,807 | -€1.1m | -68.3% |
| Current assets | 29/58 | €172,592 | €760,268 | +€587,677 | +340.5% |
| Amounts receivable after more than one year | 29 | €35,120 | €58,203 | +€23,083 | +65.7% |
| Other amounts receivable | 291 | €35,120 | €58,203 | +€23,083 | +65.7% |
| Amounts receivable within one year | 40/41 | €47,648 | €358,072 | +€310,424 | +651.5% |
| Trade receivables | 40 | €45,148 | €328,620 | +€283,472 | +627.9% |
| Other amounts receivable | 41 | €2,500 | €29,452 | +€26,952 | +1078.1% |
| Cash at bank and in hand | 54/58 | €89,824 | €342,660 | +€252,837 | +281.5% |
| Deferred charges and accrued income | 490/1 | - | €1,333 | +€1,333 | |
| Total equity and liabilities | 10/49 | €1,808,460 | €1,279,075 | -€529,385 | -29.3% |
| Equity | 10/15 | €340,541 | €857,664 | +€517,123 | +151.9% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | - | €607,644 | +€607,644 | |
| Distributable reserves | 133 | - | €607,644 | +€607,644 | |
| Profit (loss) carried forward | 14 | €90,541 | €20 | -€90,521 | -100.0% |
| Amounts payable | 17/49 | €1,467,919 | €421,411 | -€1.0m | -71.3% |
| Amounts payable after more than one year | 17 | €1,250,000 | - | -€1.3m | |
| Financial debts | 170/4 | €1,250,000 | - | -€1.3m | |
| Amounts payable within one year | 42/48 | €217,860 | €420,771 | +€202,911 | +93.1% |
| Trade debts | 44 | €70,564 | €61,472 | -€9,092 | -12.9% |
| Suppliers | 440/4 | €70,564 | €61,472 | -€9,092 | -12.9% |
| Taxes, remuneration and social security | 45 | €27,017 | €30,045 | +€3,028 | +11.2% |
| Taxes | 450/3 | €27,017 | €30,045 | +€3,028 | +11.2% |
| Other amounts payable | 47/48 | €120,279 | €329,254 | +€208,975 | +173.7% |
| Accrued charges and deferred income | 492/3 | €59 | €640 | +€581 | +985.1% |
| Other operating charges | 640/8 | €1,074 | €1,027 | -€47 | -4.4% |
| Non-recurring operating charges | 66A | €60,875 | €18,731 | -€42,144 | -69.2% |
| Gross operating margin | 9900 | €23,495 | €143,584 | +€120,089 | +511.1% |
| Operating profit (loss) | 9901 | -€38,454 | €123,826 | +€162,279 | |
| Financial income | 75/76B | €36,196 | €124,411 | +€88,215 | +243.7% |
| Recurring financial income | 75 | €36,196 | €124,411 | +€88,215 | +243.7% |
| Financial charges | 65/66B | €576 | €20,058 | +€19,482 | +3383.5% |
| Recurring financial charges | 65 | €576 | €20,058 | +€19,482 | +3383.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,834 | €228,179 | +€231,013 | |
| Income taxes | 67/77 | €21,283 | - | -€21,283 | |
| Profit (loss) for the period | 9904 | -€24,117 | €228,179 | +€252,296 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,117 | €228,179 | +€252,296 |
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 12 October 2026 via checked.be.