Guerder Gentelet Robin: 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.
Guerder Gentelet Robin
Largest movements
- Cash +€28,591
up €28,591 (+153%), from €18,702 to €47,293
mainly Net result for the year (+€55,767) and Receivables within one year (+€16,986)
- Receivables within one year -€16,986
down €16,986 (-31.8%), from €53,343 to €36,357
of which Trade receivables: -€15,210
- Tangible fixed assets -€3,617
down €3,617 (-24.3%), from €14,881 to €11,265
of which Furniture and vehicles: -€3,514
- Profit (loss) carried forward +€55,767
up €55,767 (+119%), from €46,986 to €102,753
- Other debts -€26,926
down €26,926 (-45.1%), from €59,746 to €32,820
- Advances received -€20,000
no longer reported in 2025 (was €20,000)
- Contributions +€10,000
up €10,000 (+6.7%), from €150,000 to €160,000
- Tax, wage and social debts -€5,825
down €5,825 (-46.8%), from €12,449 to €6,624
- Gross operating margin +€51,300
up €51,300 (+164%), from €31,353 to €82,652
- Taxes +€14,196
up €14,196 (+187%), from €7,579 to €21,775
- Depreciation +€2,325
up €2,325 (+104%), from €2,241 to €4,566
- Other operating charges -€1,160
down €1,160 (-86.2%), from €1,346 to €186
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 | €296,926 | €307,307 | +€10,381 | +3.5% |
| Fixed assets | 21/28 | €224,881 | €221,265 | -€3,617 | -1.6% |
| Tangible fixed assets | 22/27 | €14,881 | €11,265 | -€3,617 | -24.3% |
| Plant, machinery and equipment | 23 | €792 | €1,443 | +€651 | +82.1% |
| Furniture and vehicles | 24 | €11,056 | €7,542 | -€3,514 | -31.8% |
| Other tangible fixed assets | 26 | €3,033 | €2,280 | -€753 | -24.8% |
| Financial fixed assets | 28 | €210,000 | €210,000 | = | 0.0% |
| Current assets | 29/58 | €72,045 | €86,043 | +€13,998 | +19.4% |
| Amounts receivable within one year | 40/41 | €53,343 | €36,357 | -€16,986 | -31.8% |
| Trade receivables | 40 | €43,343 | €28,133 | -€15,210 | -35.1% |
| Other amounts receivable | 41 | €10,000 | €8,225 | -€1,775 | -17.8% |
| Cash at bank and in hand | 54/58 | €18,702 | €47,293 | +€28,591 | +153% |
| Deferred charges and accrued income | 490/1 | - | €2,392 | +€2,392 | |
| Total equity and liabilities | 10/49 | €296,926 | €307,307 | +€10,381 | +3.5% |
| Equity | 10/15 | €196,986 | €262,753 | +€65,767 | +33.4% |
| Contributions | 10/11 | €150,000 | €160,000 | +€10,000 | +6.7% |
| Profit (loss) carried forward | 14 | €46,986 | €102,753 | +€55,767 | +119% |
| Amounts payable | 17/49 | €99,940 | €44,555 | -€55,386 | -55.4% |
| Amounts payable within one year | 42/48 | €99,940 | €44,555 | -€55,386 | -55.4% |
| Trade debts | 44 | €7,745 | €5,111 | -€2,635 | -34.0% |
| Suppliers | 440/4 | €7,745 | €5,111 | -€2,635 | -34.0% |
| Advances received on contracts in progress | 46 | €20,000 | - | -€20,000 | |
| Taxes, remuneration and social security | 45 | €12,449 | €6,624 | -€5,825 | -46.8% |
| Taxes | 450/3 | €12,449 | €6,624 | -€5,825 | -46.8% |
| Other amounts payable | 47/48 | €59,746 | €32,820 | -€26,926 | -45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,241 | €4,566 | +€2,325 | +104% |
| Other operating charges | 640/8 | €1,346 | €186 | -€1,160 | -86.2% |
| Gross operating margin | 9900 | €31,353 | €82,652 | +€51,300 | +164% |
| Operating profit (loss) | 9901 | €27,766 | €77,901 | +€50,135 | +181% |
| Financial charges | 65/66B | €706 | €359 | -€348 | -49.2% |
| Recurring financial charges | 65 | €706 | €359 | -€348 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €27,059 | €77,542 | +€50,483 | +187% |
| Income taxes | 67/77 | €7,579 | €21,775 | +€14,196 | +187% |
| Profit (loss) for the period | 9904 | €19,480 | €55,767 | +€36,287 | +186% |
| Profit (loss) for the period to be appropriated | 9905 | €19,480 | €55,767 | +€36,287 | +186% |
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 1 November 2026 via checked.be.