GUEUR CHAUFFAGE: 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.
GUEUR CHAUFFAGE
Largest movements
- Cash -€15,132
down €15,132 (-66.7%), from €22,679 to €7,547
mainly Net result for the year (-€12,716) and Investment in fixed assets (net) (-€12,118)
- Receivables within one year +€9,794
up €9,794 (+29.4%), from €33,328 to €43,122
of which Other amounts receivable: +€10,862
- Tangible fixed assets +€4,182
up €4,182 (+20.7%), from €20,155 to €24,337
of which Furniture and vehicles: +€9,105
- Deferred charges and accrued income -€901
no longer reported in 2025 (was €901)
- Trade debts +€19,968
up €19,968 (+128%), from €15,622 to €35,590
- Profit (loss) carried forward -€12,716
down €12,716 (-24.3%), from €52,223 to €39,507
- Debts after one year -€3,373
down €3,373 (-85.9%), from €3,927 to €554
- Accrued charges and deferred income -€2,522
down €2,522 (-87.5%), from €2,882 to €360
- Current portion of long-term debt -€1,889
down €1,889 (-35.9%), from €5,262 to €3,373
- Gross operating margin -€21,637
down €21,637 (-55.2%), from €39,213 to €17,576
- Financial charges +€7,395
up €7,395 (+504%), from €1,467 to €8,862
of which Non-recurring financial charges: +€6,947
- Financial income +€4,106
up €4,106 (+847%), from €485 to €4,591
of which Non-recurring financial income: +€4,411
- Taxes +€3,707
up €3,707 (+316%), from €1,174 to €4,881
- Depreciation +€1,671
up €1,671 (+26.7%), from €6,265 to €7,936
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 | €87,204 | €85,147 | -€2,057 | -2.4% |
| Fixed assets | 21/28 | €20,381 | €24,563 | +€4,182 | +20.5% |
| Tangible fixed assets | 22/27 | €20,155 | €24,337 | +€4,182 | +20.7% |
| Plant, machinery and equipment | 23 | €16,649 | €11,726 | -€4,923 | -29.6% |
| Furniture and vehicles | 24 | €3,506 | €12,611 | +€9,105 | +260% |
| Financial fixed assets | 28 | €226 | €226 | = | 0.0% |
| Current assets | 29/58 | €66,823 | €60,584 | -€6,239 | -9.3% |
| Stocks and contracts in progress | 3 | €9,915 | €9,915 | = | 0.0% |
| Stocks | 30/36 | €9,915 | €9,915 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,328 | €43,122 | +€9,794 | +29.4% |
| Trade receivables | 40 | €17,993 | €16,925 | -€1,068 | -5.9% |
| Other amounts receivable | 41 | €15,335 | €26,197 | +€10,862 | +70.8% |
| Cash at bank and in hand | 54/58 | €22,679 | €7,547 | -€15,132 | -66.7% |
| Deferred charges and accrued income | 490/1 | €901 | - | -€901 | |
| Total equity and liabilities | 10/49 | €87,204 | €85,147 | -€2,057 | -2.4% |
| Equity | 10/15 | €57,223 | €44,507 | -€12,716 | -22.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,223 | €39,507 | -€12,716 | -24.3% |
| Amounts payable | 17/49 | €29,981 | €40,640 | +€10,659 | +35.6% |
| Amounts payable after more than one year | 17 | €3,927 | €554 | -€3,373 | -85.9% |
| Financial debts | 170/4 | €3,927 | €554 | -€3,373 | -85.9% |
| Amounts payable within one year | 42/48 | €23,172 | €39,726 | +€16,554 | +71.4% |
| Current portion of amounts payable after more than one year | 42 | €5,262 | €3,373 | -€1,889 | -35.9% |
| Trade debts | 44 | €15,622 | €35,590 | +€19,968 | +128% |
| Suppliers | 440/4 | €15,622 | €35,590 | +€19,968 | +128% |
| Taxes, remuneration and social security | 45 | €2,288 | €763 | -€1,525 | -66.7% |
| Remuneration and social security | 454/9 | €2,288 | €763 | -€1,525 | -66.7% |
| Accrued charges and deferred income | 492/3 | €2,882 | €360 | -€2,522 | -87.5% |
| Remuneration, social security and pensions | 62 | €6,653 | €7,949 | +€1,296 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,265 | €7,936 | +€1,671 | +26.7% |
| Other operating charges | 640/8 | €6,167 | €5,255 | -€912 | -14.8% |
| Gross operating margin | 9900 | €39,213 | €17,576 | -€21,637 | -55.2% |
| Operating profit (loss) | 9901 | €20,128 | -€3,564 | -€23,692 | |
| Financial income | 75/76B | €485 | €4,591 | +€4,106 | +847% |
| Recurring financial income | 75 | €323 | €18 | -€305 | -94.4% |
| Non-recurring financial income | 76B | €162 | €4,573 | +€4,411 | +2,723% |
| Financial charges | 65/66B | €1,467 | €8,862 | +€7,395 | +504% |
| Recurring financial charges | 65 | €822 | €1,270 | +€448 | +54.5% |
| Non-recurring financial charges | 66B | €645 | €7,592 | +€6,947 | +1,077% |
| Profit (loss) for the period before taxes | 9903 | €19,146 | -€7,835 | -€26,981 | |
| Income taxes | 67/77 | €1,174 | €4,881 | +€3,707 | +316% |
| Profit (loss) for the period | 9904 | €17,972 | -€12,716 | -€30,688 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,972 | -€12,716 | -€30,688 |
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 29 October 2026 via checked.be.