Guensede: 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.
Guensede
Largest movements
- Cash +€89,584
up €89,584 (+143%), from €62,497 to €152,081
mainly Net result for the year (+€80,469) and Receivables after one year (+€38,000)
- Receivables after one year -€38,000
down €38,000 (-14.3%), from €266,000 to €228,000
- Current investments -€30,000
down €30,000 (-23.1%), from €130,000 to €100,000
- Reserves +€23,085
up €23,085 (+5.2%), from €441,221 to €464,306
- Gross operating margin -€1,874
down €1,874 (-1.8%), from €105,626 to €103,751
- Financial income -€1,478
down €1,478 (-12.5%), from €11,866 to €10,388
- Taxes -€1,234
down €1,234 (-3.7%), from €33,211 to €31,977
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.
Derived cash bridge
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 | €520,090 | €543,323 | +€23,233 | +4.5% |
| Fixed assets | 21/28 | €0 | €2,949 | +€2,949 | |
| Tangible fixed assets | 22/27 | €0 | €2,949 | +€2,949 | |
| Furniture and vehicles | 24 | €0 | €2,949 | +€2,949 | |
| Current assets | 29/58 | €520,090 | €540,374 | +€20,284 | +3.9% |
| Amounts receivable after more than one year | 29 | €266,000 | €228,000 | -€38,000 | -14.3% |
| Other amounts receivable | 291 | €266,000 | €228,000 | -€38,000 | -14.3% |
| Amounts receivable within one year | 40/41 | €53,624 | €55,102 | +€1,477 | +2.8% |
| Trade receivables | 40 | €14,810 | €15,201 | +€391 | +2.6% |
| Other amounts receivable | 41 | €38,814 | €39,900 | +€1,086 | +2.8% |
| Current investments | 50/53 | €130,000 | €100,000 | -€30,000 | -23.1% |
| Cash at bank and in hand | 54/58 | €62,497 | €152,081 | +€89,584 | +143% |
| Deferred charges and accrued income | 490/1 | €7,968 | €5,191 | -€2,777 | -34.9% |
| Total equity and liabilities | 10/49 | €520,090 | €543,323 | +€23,233 | +4.5% |
| Equity | 10/15 | €453,621 | €476,706 | +€23,085 | +5.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €441,221 | €464,306 | +€23,085 | +5.2% |
| Distributable reserves | 133 | €441,221 | €464,306 | +€23,085 | +5.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,469 | €66,617 | +€148 | +0.2% |
| Amounts payable within one year | 42/48 | €65,173 | €65,928 | +€755 | +1.2% |
| Trade debts | 44 | €127 | €1,254 | +€1,127 | +888% |
| Suppliers | 440/4 | €127 | €1,254 | +€1,127 | +888% |
| Taxes, remuneration and social security | 45 | €3,169 | €2,706 | -€463 | -14.6% |
| Taxes | 450/3 | €3,169 | €2,706 | -€463 | -14.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €61,876 | €61,968 | +€92 | +0.1% |
| Accrued charges and deferred income | 492/3 | €1,296 | €689 | -€607 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133 | €94 | -€39 | -29.1% |
| Other operating charges | 640/8 | €1,028 | €1,218 | +€190 | +18.5% |
| Gross operating margin | 9900 | €105,626 | €103,751 | -€1,874 | -1.8% |
| Operating profit (loss) | 9901 | €104,465 | €102,439 | -€2,026 | -1.9% |
| Financial income | 75/76B | €11,866 | €10,388 | -€1,478 | -12.5% |
| Recurring financial income | 75 | €11,866 | €10,388 | -€1,478 | -12.5% |
| Financial charges | 65/66B | €378 | €381 | +€4 | +1.0% |
| Recurring financial charges | 65 | €378 | €381 | +€4 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €115,954 | €112,446 | -€3,507 | -3.0% |
| Income taxes | 67/77 | €33,211 | €31,977 | -€1,234 | -3.7% |
| Profit (loss) for the period | 9904 | €82,743 | €80,469 | -€2,274 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €82,743 | €80,469 | -€2,274 | -2.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.