GUERILLA DESIGN: 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.
GUERILLA DESIGN
Largest movements
- Receivables within one year -€45,819
down €45,819 (-86.9%), from €52,710 to €6,891
of which Trade receivables: -€48,783
- Cash -€25,670
down €25,670 (-69.9%), from €36,749 to €11,079
mainly Advances received (-€31,983) and Net result for the year (-€16,714)
- Tangible fixed assets +€4,337
up €4,337 (+279%), from €1,556 to €5,893
of which Furniture and vehicles: +€5,893
- Deferred charges and accrued income +€2,348
new in 2025: €2,348
- Stocks and contracts +€2,222
up €2,222 (+11.5%), from €19,240 to €21,462
- Advances received -€31,983
down €31,983 (-100%), from €31,983 to €0
- Profit (loss) carried forward -€16,714
down €16,714 (-63.7%), from €26,245 to €9,531
- Trade debts -€10,990
down €10,990 (-69.1%), from €15,894 to €4,904
- Tax, wage and social debts -€3,466
down €3,466 (-31.1%), from €11,147 to €7,681
- Gross operating margin -€41,872
down €41,872, from €35,094 to -€6,778
- Other operating charges +€7,582
up €7,582 (+1,739%), from €436 to €8,018
- Taxes -€7,399
down €7,399 (-100%), from €7,399 to €0
- Depreciation +€1,231
up €1,231 (+141%), from €873 to €2,104
- Financial income +€772
new in 2025: €772
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 | €110,482 | €47,674 | -€62,808 | -56.8% |
| Formation expenses | 20 | €226 | €0 | -€226 | -100% |
| Fixed assets | 21/28 | €1,556 | €5,893 | +€4,337 | +279% |
| Tangible fixed assets | 22/27 | €1,556 | €5,893 | +€4,337 | +279% |
| Plant, machinery and equipment | 23 | €1,556 | €0 | -€1,556 | -100% |
| Furniture and vehicles | 24 | - | €5,893 | +€5,893 | |
| Current assets | 29/58 | €108,700 | €41,781 | -€66,919 | -61.6% |
| Stocks and contracts in progress | 3 | €19,240 | €21,462 | +€2,222 | +11.5% |
| Stocks | 30/36 | €19,240 | €21,462 | +€2,222 | +11.5% |
| Amounts receivable within one year | 40/41 | €52,710 | €6,891 | -€45,819 | -86.9% |
| Trade receivables | 40 | €52,688 | €3,905 | -€48,783 | -92.6% |
| Other amounts receivable | 41 | €22 | €2,986 | +€2,964 | +13,417% |
| Cash at bank and in hand | 54/58 | €36,749 | €11,079 | -€25,670 | -69.9% |
| Deferred charges and accrued income | 490/1 | - | €2,348 | +€2,348 | |
| Total equity and liabilities | 10/49 | €110,482 | €47,674 | -€62,808 | -56.8% |
| Equity | 10/15 | €44,383 | €27,670 | -€16,714 | -37.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €12,139 | €12,139 | = | 0.0% |
| Distributable reserves | 133 | €12,139 | €12,139 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,245 | €9,531 | -€16,714 | -63.7% |
| Amounts payable | 17/49 | €66,098 | €20,004 | -€46,094 | -69.7% |
| Amounts payable within one year | 42/48 | €66,098 | €20,004 | -€46,094 | -69.7% |
| Trade debts | 44 | €15,894 | €4,904 | -€10,990 | -69.1% |
| Suppliers | 440/4 | €15,894 | €4,904 | -€10,990 | -69.1% |
| Advances received on contracts in progress | 46 | €31,983 | €0 | -€31,983 | -100% |
| Taxes, remuneration and social security | 45 | €11,147 | €7,681 | -€3,466 | -31.1% |
| Taxes | 450/3 | €11,147 | €7,681 | -€3,466 | -31.1% |
| Other amounts payable | 47/48 | €7,075 | €7,419 | +€344 | +4.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €873 | €2,104 | +€1,231 | +141% |
| Other operating charges | 640/8 | €436 | €8,018 | +€7,582 | +1,739% |
| Gross operating margin | 9900 | €35,094 | -€6,778 | -€41,872 | |
| Operating profit (loss) | 9901 | €33,785 | -€16,901 | -€50,685 | |
| Financial income | 75/76B | - | €772 | +€772 | |
| Recurring financial income | 75 | - | €772 | +€772 | |
| Financial charges | 65/66B | €140 | €586 | +€445 | +317% |
| Recurring financial charges | 65 | €140 | €586 | +€445 | +317% |
| Profit (loss) for the period before taxes | 9903 | €33,644 | -€16,714 | -€50,358 | |
| Income taxes | 67/77 | €7,399 | €0 | -€7,399 | -100% |
| Profit (loss) for the period | 9904 | €26,245 | -€16,714 | -€42,959 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,245 | -€16,714 | -€42,959 |
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 24 October 2026 via checked.be.