GUEDAN: 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.
GUEDAN
Largest movements
- Cash +€19,183
up €19,183 (+96.8%), from €19,814 to €38,998
mainly Receivables within one year (+€12,638) and Trade debts (+€5,263)
- Receivables within one year -€12,638
down €12,638 (-16.3%), from €77,398 to €64,761
of which Trade receivables: -€9,785
- Tangible fixed assets -€3,540
no longer reported in 2023 (was €3,540)
- Trade debts +€5,263
up €5,263 (+10.2%), from €51,851 to €57,115
- Tax, wage and social debts -€3,732
down €3,732 (-35.4%), from €10,545 to €6,813
of which Remuneration and social security: -€3,139
- Profit (loss) carried forward +€3,692
up €3,692 (+9.6%), from €38,513 to €42,205
- Current portion of long-term debt -€2,228
no longer reported in 2023 (was €2,228)
- Staff costs +€6,521
up €6,521 (+10.5%), from €61,917 to €68,438
- Gross operating margin +€3,660
up €3,660 (+4.8%), from €76,611 to €80,271
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,677 | €112,673 | +€2,996 | +2.7% |
| Fixed assets | 21/28 | €5,790 | €1,800 | -€3,990 | -68.9% |
| Intangible fixed assets | 21 | €2,250 | €1,800 | -€450 | -20.0% |
| Tangible fixed assets | 22/27 | €3,540 | - | -€3,540 | |
| Furniture and vehicles | 24 | €3,540 | - | -€3,540 | |
| Current assets | 29/58 | €103,887 | €110,873 | +€6,987 | +6.7% |
| Stocks and contracts in progress | 3 | €6,479 | €5,988 | -€491 | -7.6% |
| Stocks | 30/36 | €6,479 | €5,988 | -€491 | -7.6% |
| Amounts receivable within one year | 40/41 | €77,398 | €64,761 | -€12,638 | -16.3% |
| Trade receivables | 40 | €63,947 | €54,162 | -€9,785 | -15.3% |
| Other amounts receivable | 41 | €13,451 | €10,598 | -€2,853 | -21.2% |
| Cash at bank and in hand | 54/58 | €19,814 | €38,998 | +€19,183 | +96.8% |
| Deferred charges and accrued income | 490/1 | €195 | €1,127 | +€932 | +478.9% |
| Total equity and liabilities | 10/49 | €109,677 | €112,673 | +€2,996 | +2.7% |
| Equity | 10/15 | €45,053 | €48,745 | +€3,692 | +8.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €340 | €340 | = | 0.0% |
| Non-distributable reserves | 130/1 | €340 | €340 | = | 0.0% |
| Reserves not available under the articles | 1311 | €340 | €340 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,513 | €42,205 | +€3,692 | +9.6% |
| Amounts payable | 17/49 | €64,624 | €63,928 | -€696 | -1.1% |
| Amounts payable within one year | 42/48 | €64,624 | €63,928 | -€696 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €2,228 | - | -€2,228 | |
| Trade debts | 44 | €51,851 | €57,115 | +€5,263 | +10.2% |
| Suppliers | 440/4 | €51,851 | €57,115 | +€5,263 | +10.2% |
| Taxes, remuneration and social security | 45 | €10,545 | €6,813 | -€3,732 | -35.4% |
| Taxes | 450/3 | €2,198 | €1,605 | -€592 | -26.9% |
| Remuneration and social security | 454/9 | €8,347 | €5,208 | -€3,139 | -37.6% |
| Remuneration, social security and pensions | 62 | €61,917 | €68,438 | +€6,521 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,783 | €3,990 | -€793 | -16.6% |
| Other operating charges | 640/8 | €2,845 | €2,905 | +€59 | +2.1% |
| Gross operating margin | 9900 | €76,611 | €80,271 | +€3,660 | +4.8% |
| Operating profit (loss) | 9901 | €7,066 | €4,938 | -€2,128 | -30.1% |
| Financial income | 75/76B | €379 | €31 | -€348 | -91.9% |
| Recurring financial income | 75 | €379 | €31 | -€348 | -91.9% |
| Financial charges | 65/66B | €351 | €540 | +€189 | +53.9% |
| Recurring financial charges | 65 | €351 | €540 | +€189 | +53.9% |
| Profit (loss) for the period before taxes | 9903 | €7,094 | €4,429 | -€2,665 | -37.6% |
| Income taxes | 67/77 | €166 | €737 | +€570 | +343.2% |
| Profit (loss) for the period | 9904 | €6,928 | €3,692 | -€3,235 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,928 | €3,692 | -€3,235 | -46.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.