GUERCON & AUTOMATION: 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.
GUERCON & AUTOMATION
Largest movements
- Receivables within one year +€42,515
up €42,515 (+248%), from €17,124 to €59,639
of which Trade receivables: +€33,569
- Deferred charges and accrued income -€16,367
down €16,367 (-98.8%), from €16,561 to €194
- Tangible fixed assets -€11,428
down €11,428 (-62.6%), from €18,253 to €6,825
of which Furniture and vehicles: -€8,038
- Cash -€9,618
down €9,618 (-13.4%), from €72,012 to €62,394
mainly Receivables within one year (-€42,515) and Other debts (-€4,098)
- Reserves +€8,316
up €8,316 (+16.3%), from €51,032 to €59,348
- Other debts -€4,098
down €4,098 (-7.8%), from €52,739 to €48,641
- Tax, wage and social debts +€3,463
up €3,463 (+429%), from €807 to €4,270
- Trade debts -€2,788
down €2,788 (-75.1%), from €3,714 to €926
- Gross operating margin +€35,783
up €35,783, from -€12,361 to €23,422
- Other operating charges +€1,872
up €1,872 (+121%), from €1,548 to €3,420
- Depreciation -€407
down €407 (-3.4%), from €11,835 to €11,428
- Financial charges -€392
down €392 (-52.9%), from €741 to €349
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 | €133,950 | €139,052 | +€5,102 | +3.8% |
| Fixed assets | 21/28 | €18,253 | €6,825 | -€11,428 | -62.6% |
| Tangible fixed assets | 22/27 | €18,253 | €6,825 | -€11,428 | -62.6% |
| Plant, machinery and equipment | 23 | €8,579 | €5,189 | -€3,390 | -39.5% |
| Furniture and vehicles | 24 | €9,674 | €1,636 | -€8,038 | -83.1% |
| Current assets | 29/58 | €115,697 | €132,227 | +€16,530 | +14.3% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,124 | €59,639 | +€42,515 | +248% |
| Trade receivables | 40 | €12,070 | €45,639 | +€33,569 | +278% |
| Other amounts receivable | 41 | €5,054 | €14,000 | +€8,946 | +177% |
| Cash at bank and in hand | 54/58 | €72,012 | €62,394 | -€9,618 | -13.4% |
| Deferred charges and accrued income | 490/1 | €16,561 | €194 | -€16,367 | -98.8% |
| Total equity and liabilities | 10/49 | €133,950 | €139,052 | +€5,102 | +3.8% |
| Equity | 10/15 | €76,032 | €84,348 | +€8,316 | +10.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €51,032 | €59,348 | +€8,316 | +16.3% |
| Distributable reserves | 133 | €51,032 | €59,348 | +€8,316 | +16.3% |
| Amounts payable | 17/49 | €57,917 | €54,704 | -€3,213 | -5.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €57,917 | €53,837 | -€4,080 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €657 | - | -€657 | |
| Trade debts | 44 | €3,714 | €926 | -€2,788 | -75.1% |
| Suppliers | 440/4 | €3,714 | €926 | -€2,788 | -75.1% |
| Taxes, remuneration and social security | 45 | €807 | €4,270 | +€3,463 | +429% |
| Taxes | 450/3 | €807 | €4,270 | +€3,463 | +429% |
| Other amounts payable | 47/48 | €52,739 | €48,641 | -€4,098 | -7.8% |
| Accrued charges and deferred income | 492/3 | €0 | €867 | +€867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,835 | €11,428 | -€407 | -3.4% |
| Other operating charges | 640/8 | €1,548 | €3,420 | +€1,872 | +121% |
| Gross operating margin | 9900 | -€12,361 | €23,422 | +€35,783 | |
| Operating profit (loss) | 9901 | -€25,744 | €8,574 | +€34,318 | |
| Financial income | 75/76B | €5 | €91 | +€86 | +1,878% |
| Recurring financial income | 75 | €5 | €91 | +€86 | +1,878% |
| Financial charges | 65/66B | €741 | €349 | -€392 | -52.9% |
| Recurring financial charges | 65 | €741 | €349 | -€392 | -52.9% |
| Profit (loss) for the period before taxes | 9903 | -€26,481 | €8,316 | +€34,797 | |
| Income taxes | 67/77 | -€4 | - | +€4 | |
| Profit (loss) for the period | 9904 | -€26,477 | €8,316 | +€34,793 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,477 | €8,316 | +€34,793 |
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 28 October 2026 via checked.be.