GUDDU: what changed
Two fiscal 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.
GUDDU
Largest movements
- Cash +€32,512
up €32,512 (+54.5%), from €59,702 to €92,213
mainly Trade debts (+€35,050) and Tax, wage and social debts (+€22,669)
- Stocks and contracts +€26,133
up €26,133 (+149.7%), from €17,459 to €43,592
- Trade debts +€35,050
up €35,050 (+32.0%), from €109,523 to €144,573
- Tax, wage and social debts +€22,669
up €22,669 (+189.5%), from €11,962 to €34,630
of which Remuneration and social security: +€21,575
- Profit (loss) carried forward +€3,146
up €3,146 (+8.0%), from €39,560 to €42,706
- Purchases and services -€467,308
down €467,308 (-15.4%), from €3.0m to €2.6m
- Turnover -€453,397
down €453,397 (-14.7%), from €3.1m to €2.6m
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 | €181,199 | €242,064 | +€60,865 | +33.6% |
| Current assets | 29/58 | €181,199 | €242,064 | +€60,865 | +33.6% |
| Stocks and contracts in progress | 3 | €17,459 | €43,592 | +€26,133 | +149.7% |
| Stocks | 30/36 | €17,459 | €43,592 | +€26,133 | +149.7% |
| Amounts receivable within one year | 40/41 | €103,554 | €105,775 | +€2,221 | +2.1% |
| Other amounts receivable | 41 | €103,554 | €105,775 | +€2,221 | +2.1% |
| Cash at bank and in hand | 54/58 | €59,702 | €92,213 | +€32,512 | +54.5% |
| Deferred charges and accrued income | 490/1 | €484 | €484 | = | 0.0% |
| Total equity and liabilities | 10/49 | €181,199 | €242,064 | +€60,865 | +33.6% |
| Equity | 10/15 | €59,714 | €62,860 | +€3,146 | +5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,554 | €1,554 | = | 0.0% |
| Non-distributable reserves | 130/1 | €597 | €597 | = | 0.0% |
| Reserves not available under the articles | 1311 | €597 | €597 | = | 0.0% |
| Distributable reserves | 133 | €957 | €957 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,560 | €42,706 | +€3,146 | +8.0% |
| Amounts payable | 17/49 | €121,484 | €179,204 | +€57,719 | +47.5% |
| Amounts payable within one year | 42/48 | €121,484 | €179,204 | +€57,719 | +47.5% |
| Trade debts | 44 | €109,523 | €144,573 | +€35,050 | +32.0% |
| Suppliers | 440/4 | €109,523 | €144,573 | +€35,050 | +32.0% |
| Taxes, remuneration and social security | 45 | €11,962 | €34,630 | +€22,669 | +189.5% |
| Taxes | 450/3 | €8,686 | €9,780 | +€1,094 | +12.6% |
| Remuneration and social security | 454/9 | €3,276 | €24,851 | +€21,575 | +658.6% |
| Turnover | 70 | €3,086,008 | €2,632,611 | -€453,397 | -14.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,031,012 | €2,563,704 | -€467,308 | -15.4% |
| Remuneration, social security and pensions | 62 | €14,364 | €45,004 | +€30,640 | +213.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €420 | - | -€420 | |
| Other operating charges | 640/8 | €710 | €2,391 | +€1,681 | +236.9% |
| Gross operating margin | 9900 | €58,421 | €69,987 | +€11,566 | +19.8% |
| Operating profit (loss) | 9901 | €42,928 | €22,592 | -€20,335 | -47.4% |
| Financial income | 75/76B | €2,183 | €1,652 | -€531 | -24.3% |
| Recurring financial income | 75 | €2,183 | €1,652 | -€531 | -24.3% |
| Financial charges | 65/66B | €22,796 | €20,312 | -€2,485 | -10.9% |
| Recurring financial charges | 65 | €22,796 | €20,312 | -€2,485 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €22,314 | €3,932 | -€18,382 | -82.4% |
| Income taxes | 67/77 | €5,579 | €786 | -€4,792 | -85.9% |
| Profit (loss) for the period | 9904 | €16,736 | €3,146 | -€13,590 | -81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,736 | €3,146 | -€13,590 | -81.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.