GUGI: 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.
GUGI
Largest movements
- Receivables within one year +€5,693
up €5,693 (+7.6%), from €74,472 to €80,166
of which Trade receivables: +€18,707
- Cash +€3,698
up €3,698 (+62.7%), from €5,902 to €9,600
mainly Net result for the year (+€3,994) and Depreciation (+€2,528)
- Tangible fixed assets -€2,528
down €2,528 (-26.5%), from €9,522 to €6,994
- Profit (loss) carried forward +€3,994
up €3,994 (+11.5%), from €34,786 to €38,780
- Trade debts +€2,086
new in 2025: €2,086
- Turnover -€81,641
down €81,641 (-47.4%), from €172,188 to €90,547
- Purchases and services -€72,035
down €72,035 (-62.8%), from €114,765 to €42,731
- Gross operating margin -€9,607
down €9,607 (-16.7%), from €57,423 to €47,816
- Staff costs -€4,240
down €4,240 (-10.9%), from €38,979 to €34,739
- Depreciation -€1,924
down €1,924 (-43.2%), from €4,452 to €2,528
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 | €92,289 | €99,152 | +€6,863 | +7.4% |
| Fixed assets | 21/28 | €10,312 | €7,784 | -€2,528 | -24.5% |
| Tangible fixed assets | 22/27 | €9,522 | €6,994 | -€2,528 | -26.5% |
| Plant, machinery and equipment | 23 | €9,522 | €6,994 | -€2,528 | -26.5% |
| Financial fixed assets | 28 | €790 | €790 | = | 0.0% |
| Current assets | 29/58 | €81,977 | €91,368 | +€9,391 | +11.5% |
| Amounts receivable within one year | 40/41 | €74,472 | €80,166 | +€5,693 | +7.6% |
| Trade receivables | 40 | €44,840 | €63,548 | +€18,707 | +41.7% |
| Other amounts receivable | 41 | €29,632 | €16,618 | -€13,014 | -43.9% |
| Cash at bank and in hand | 54/58 | €5,902 | €9,600 | +€3,698 | +62.7% |
| Deferred charges and accrued income | 490/1 | €1,603 | €1,603 | = | 0.0% |
| Total equity and liabilities | 10/49 | €92,289 | €99,152 | +€6,863 | +7.4% |
| Equity | 10/15 | €90,005 | €93,999 | +€3,994 | +4.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €36,627 | €36,627 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,627 | €1,627 | = | 0.0% |
| Legal reserve | 130 | €1,627 | €1,627 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,786 | €38,780 | +€3,994 | +11.5% |
| Amounts payable | 17/49 | €2,284 | €5,153 | +€2,870 | +125.7% |
| Amounts payable after more than one year | 17 | €300 | €300 | = | 0.0% |
| Other amounts payable | 178/9 | €300 | €300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,984 | €4,853 | +€2,870 | +144.7% |
| Trade debts | 44 | - | €2,086 | +€2,086 | |
| Suppliers | 440/4 | - | €2,086 | +€2,086 | |
| Taxes, remuneration and social security | 45 | €1,984 | €2,767 | +€784 | +39.5% |
| Taxes | 450/3 | €1,548 | - | -€1,548 | |
| Remuneration and social security | 454/9 | €435 | €2,767 | +€2,332 | +535.6% |
| Turnover | 70 | €172,188 | €90,547 | -€81,641 | -47.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €114,765 | €42,731 | -€72,035 | -62.8% |
| Remuneration, social security and pensions | 62 | €38,979 | €34,739 | -€4,240 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,452 | €2,528 | -€1,924 | -43.2% |
| Other operating charges | 640/8 | €2,891 | €2,772 | -€119 | -4.1% |
| Gross operating margin | 9900 | €57,423 | €47,816 | -€9,607 | -16.7% |
| Operating profit (loss) | 9901 | €11,100 | €7,778 | -€3,323 | -29.9% |
| Financial income | 75/76B | €299 | €189 | -€110 | -36.8% |
| Recurring financial income | 75 | €299 | €189 | -€110 | -36.8% |
| Financial charges | 65/66B | €867 | €950 | +€83 | +9.6% |
| Recurring financial charges | 65 | €867 | €950 | +€83 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €10,533 | €7,017 | -€3,516 | -33.4% |
| Income taxes | 67/77 | €2,727 | €3,023 | +€296 | +10.9% |
| Profit (loss) for the period | 9904 | €7,806 | €3,994 | -€3,812 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,806 | €3,994 | -€3,812 | -48.8% |
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 11 October 2026 via checked.be.