GUEDES E SOUZA: 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.
GUEDES E SOUZA
Largest movements
- Stocks and contracts -€5,168
down €5,168 (-80.4%), from €6,424 to €1,256
- Cash +€1,788
up €1,788 (+35.3%), from €5,064 to €6,852
mainly Net result for the year (+€14,151) and Tax, wage and social debts (+€5,545)
- Trade debts -€29,269
down €29,269 (-99.7%), from €29,350 to €81
- Profit (loss) carried forward +€14,151
up €14,151 (+365.3%), from €3,874 to €18,025
- Tax, wage and social debts +€5,545
new in 2024: €5,545
- Accrued charges and deferred income +€4,794
new in 2024: €4,794
- Other debts +€1,329
new in 2024: €1,329
- Gross operating margin -€7,827
down €7,827 (-24.1%), from €32,489 to €24,662
- Other operating charges -€6,283
down €6,283 (-60.5%), from €10,382 to €4,099
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,224 | €29,774 | -€3,450 | -10.4% |
| Fixed assets | 21/28 | €13,401 | €13,331 | -€70 | -0.5% |
| Intangible fixed assets | 21 | €9,000 | €9,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,751 | €3,681 | -€70 | -1.9% |
| Plant, machinery and equipment | 23 | - | €228 | +€228 | |
| Furniture and vehicles | 24 | €3,751 | €3,453 | -€298 | -7.9% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €19,823 | €16,443 | -€3,380 | -17.1% |
| Stocks and contracts in progress | 3 | €6,424 | €1,256 | -€5,168 | -80.4% |
| Stocks | 30/36 | €6,424 | €1,256 | -€5,168 | -80.4% |
| Amounts receivable within one year | 40/41 | €8,335 | €8,335 | = | 0.0% |
| Trade receivables | 40 | €8,335 | €8,335 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,064 | €6,852 | +€1,788 | +35.3% |
| Total equity and liabilities | 10/49 | €33,224 | €29,774 | -€3,450 | -10.4% |
| Equity | 10/15 | €3,874 | €18,025 | +€14,151 | +365.3% |
| Profit (loss) carried forward | 14 | €3,874 | €18,025 | +€14,151 | +365.3% |
| Amounts payable | 17/49 | €29,350 | €11,749 | -€17,601 | -60.0% |
| Amounts payable within one year | 42/48 | €29,350 | €6,955 | -€22,395 | -76.3% |
| Trade debts | 44 | €29,350 | €81 | -€29,269 | -99.7% |
| Suppliers | 440/4 | €29,350 | €81 | -€29,269 | -99.7% |
| Taxes, remuneration and social security | 45 | - | €5,545 | +€5,545 | |
| Taxes | 450/3 | - | €5,545 | +€5,545 | |
| Other amounts payable | 47/48 | - | €1,329 | +€1,329 | |
| Accrued charges and deferred income | 492/3 | - | €4,794 | +€4,794 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,545 | €1,740 | +€195 | +12.6% |
| Other operating charges | 640/8 | €10,382 | €4,099 | -€6,283 | -60.5% |
| Gross operating margin | 9900 | €32,489 | €24,662 | -€7,827 | -24.1% |
| Operating profit (loss) | 9901 | €20,562 | €18,823 | -€1,739 | -8.5% |
| Financial charges | 65/66B | €368 | €455 | +€87 | +23.6% |
| Recurring financial charges | 65 | €368 | €455 | +€87 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €20,194 | €18,368 | -€1,826 | -9.0% |
| Income taxes | 67/77 | €3,928 | €4,217 | +€289 | +7.4% |
| Profit (loss) for the period | 9904 | €16,266 | €14,151 | -€2,115 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,266 | €14,151 | -€2,115 | -13.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.