GUESSOUM: 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.
GUESSOUM
Largest movements
- Tangible fixed assets -€5,098
down €5,098 (-5.8%), from €88,158 to €83,060
- Stocks and contracts -€3,621
down €3,621 (-54.5%), from €6,648 to €3,027
- Receivables within one year +€3,477
up €3,477 (+18.7%), from €18,617 to €22,094
of which Trade receivables: +€4,761
- Cash +€2,191
up €2,191 (+431.2%), from €508 to €2,699
mainly Depreciation (+€15,020) and Other debts (+€8,322)
- Other debts +€8,322
up €8,322 (+4.8%), from €173,046 to €181,368
- Trade debts -€6,416
down €6,416 (-24.6%), from €26,068 to €19,651
- Accrued charges and deferred income -€6,255
down €6,255 (-50.7%), from €12,346 to €6,091
- Turnover -€104,581
down €104,581 (-33.1%), from €315,666 to €211,085
- Gross operating margin -€56,914
down €56,914 (-76.2%), from €74,718 to €17,803
- Purchases and services -€44,281
down €44,281 (-18.4%), from €240,987 to €196,706
- Other operating charges -€10,866
down €10,866 (-87.7%), from €12,392 to €1,526
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 | €113,931 | €110,881 | -€3,051 | -2.7% |
| Fixed assets | 21/28 | €88,158 | €83,060 | -€5,098 | -5.8% |
| Tangible fixed assets | 22/27 | €88,158 | €83,060 | -€5,098 | -5.8% |
| Plant, machinery and equipment | 23 | €88,158 | €83,060 | -€5,098 | -5.8% |
| Current assets | 29/58 | €25,774 | €27,821 | +€2,047 | +7.9% |
| Stocks and contracts in progress | 3 | €6,648 | €3,027 | -€3,621 | -54.5% |
| Stocks | 30/36 | €6,648 | €3,027 | -€3,621 | -54.5% |
| Amounts receivable within one year | 40/41 | €18,617 | €22,094 | +€3,477 | +18.7% |
| Trade receivables | 40 | €1,018 | €5,779 | +€4,761 | +467.7% |
| Other amounts receivable | 41 | €17,599 | €16,315 | -€1,284 | -7.3% |
| Cash at bank and in hand | 54/58 | €508 | €2,699 | +€2,191 | +431.2% |
| Total equity and liabilities | 10/49 | €113,931 | €110,881 | -€3,051 | -2.7% |
| Equity | 10/15 | -€97,528 | -€96,533 | +€995 | +1.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,528 | -€121,533 | +€995 | +0.8% |
| Amounts payable | 17/49 | €211,459 | €207,414 | -€4,045 | -1.9% |
| Amounts payable within one year | 42/48 | €199,114 | €201,323 | +€2,209 | +1.1% |
| Trade debts | 44 | €26,068 | €19,651 | -€6,416 | -24.6% |
| Suppliers | 440/4 | €26,068 | €19,651 | -€6,416 | -24.6% |
| Taxes, remuneration and social security | 45 | - | €304 | +€304 | |
| Taxes | 450/3 | - | €304 | +€304 | |
| Other amounts payable | 47/48 | €173,046 | €181,368 | +€8,322 | +4.8% |
| Accrued charges and deferred income | 492/3 | €12,346 | €6,091 | -€6,255 | -50.7% |
| Turnover | 70 | €315,666 | €211,085 | -€104,581 | -33.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €240,987 | €196,706 | -€44,281 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,446 | €15,020 | +€574 | +4.0% |
| Other operating charges | 640/8 | €12,392 | €1,526 | -€10,866 | -87.7% |
| Gross operating margin | 9900 | €74,718 | €17,803 | -€56,914 | -76.2% |
| Operating profit (loss) | 9901 | €47,880 | €1,257 | -€46,622 | -97.4% |
| Financial income | 75/76B | €22 | €37 | +€15 | +67.5% |
| Recurring financial income | 75 | €22 | €37 | +€15 | +67.5% |
| Financial charges | 65/66B | €3,124 | €300 | -€2,824 | -90.4% |
| Recurring financial charges | 65 | €3,124 | €300 | -€2,824 | -90.4% |
| Profit (loss) for the period before taxes | 9903 | €44,778 | €995 | -€43,784 | -97.8% |
| Profit (loss) for the period | 9904 | €44,778 | €995 | -€43,784 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,778 | €995 | -€43,784 | -97.8% |
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 11 October 2026 via checked.be.