GUERIN ERIC: 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.
GUERIN ERIC
Largest movements
- Tangible fixed assets -€97,631
down €97,631 (-12.9%), from €758,738 to €661,107
of which Leasing and similar rights: -€50,927
- Deferred charges and accrued income +€53,400
up €53,400 (+130.2%), from €41,000 to €94,400
- Cash -€37,168
down €37,168 (-82.9%), from €44,826 to €7,658
mainly Debts after one year (-€109,043) and Deferred charges and accrued income (-€53,400)
- Receivables within one year +€11,922
up €11,922 (+227.4%), from €5,243 to €17,164
- Debts after one year -€109,043
down €109,043 (-25.4%), from €429,786 to €320,743
- Profit (loss) carried forward +€46,611
up €46,611 (+186.4%), from €25,000 to €71,611
- Gross operating margin +€11,030
up €11,030 (+5.2%), from €211,361 to €222,391
- Depreciation +€4,153
up €4,153 (+4.1%), from €100,724 to €104,876
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.
Cash bridge derived
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 | €849,807 | €780,330 | -€69,478 | -8.2% |
| Fixed assets | 21/28 | €758,738 | €661,107 | -€97,631 | -12.9% |
| Tangible fixed assets | 22/27 | €758,738 | €661,107 | -€97,631 | -12.9% |
| Land and buildings | 22 | €481,053 | €467,267 | -€13,785 | -2.9% |
| Plant, machinery and equipment | 23 | €63,260 | €47,557 | -€15,704 | -24.8% |
| Furniture and vehicles | 24 | €70,772 | €53,556 | -€17,215 | -24.3% |
| Leasing and similar rights | 25 | €143,654 | €92,727 | -€50,927 | -35.5% |
| Current assets | 29/58 | €91,069 | €119,223 | +€28,154 | +30.9% |
| Amounts receivable within one year | 40/41 | €5,243 | €17,164 | +€11,922 | +227.4% |
| Other amounts receivable | 41 | €5,243 | €17,164 | +€11,922 | +227.4% |
| Cash at bank and in hand | 54/58 | €44,826 | €7,658 | -€37,168 | -82.9% |
| Deferred charges and accrued income | 490/1 | €41,000 | €94,400 | +€53,400 | +130.2% |
| Total equity and liabilities | 10/49 | €849,807 | €780,330 | -€69,478 | -8.2% |
| Equity | 10/15 | €282,969 | €329,580 | +€46,611 | +16.5% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €164,969 | €164,969 | = | 0.0% |
| Distributable reserves | 133 | €164,969 | €164,969 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,000 | €71,611 | +€46,611 | +186.4% |
| Amounts payable | 17/49 | €566,838 | €450,749 | -€116,089 | -20.5% |
| Amounts payable after more than one year | 17 | €429,786 | €320,743 | -€109,043 | -25.4% |
| Financial debts | 170/4 | €429,786 | €320,743 | -€109,043 | -25.4% |
| Amounts payable within one year | 42/48 | €137,053 | €130,007 | -€7,046 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €111,625 | €108,774 | -€2,851 | -2.6% |
| Trade debts | 44 | €6,091 | €731 | -€5,359 | -88.0% |
| Suppliers | 440/4 | €6,091 | €731 | -€5,359 | -88.0% |
| Taxes, remuneration and social security | 45 | €19,337 | €20,501 | +€1,165 | +6.0% |
| Taxes | 450/3 | €19,337 | €17,809 | -€1,527 | -7.9% |
| Remuneration and social security | 454/9 | - | €2,692 | +€2,692 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,724 | €104,876 | +€4,153 | +4.1% |
| Other operating charges | 640/8 | €5,815 | €7,736 | +€1,921 | +33.0% |
| Gross operating margin | 9900 | €211,361 | €222,391 | +€11,030 | +5.2% |
| Operating profit (loss) | 9901 | €104,822 | €109,778 | +€4,956 | +4.7% |
| Financial income | 75/76B | €107 | €1,049 | +€941 | +875.6% |
| Recurring financial income | 75 | €107 | €1,049 | +€941 | +875.6% |
| Financial charges | 65/66B | €18,510 | €16,347 | -€2,163 | -11.7% |
| Recurring financial charges | 65 | €18,510 | €16,347 | -€2,163 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €86,420 | €94,480 | +€8,060 | +9.3% |
| Income taxes | 67/77 | €24,358 | €22,869 | -€1,490 | -6.1% |
| Profit (loss) for the period | 9904 | €62,061 | €71,611 | +€9,550 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,061 | €71,611 | +€9,550 | +15.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.