GUGO INTERIEUR: what changed
What changed
GUGO INTERIEUR
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€203,566
2024 · €133,518+€70,049
Equity
€910,696
2024 · €802,869+€107,827
Cash
€344,347
2024 · €302,842+€41,506
Balance sheet total
€1.5m
2024 · €1.5m-€9,759
Largest movements
Assets
- Cash +€41,506
up €41,506 (+13.7%), from €302,842 to €344,347
mainly Net result for the year (+€203,566) and Trade debts (+€47,117)
- Tangible fixed assets -€32,048
down €32,048 (-7.5%), from €426,030 to €393,982
of which Land and buildings: -€35,578
- Receivables within one year -€30,277
down €30,277 (-4.9%), from €622,627 to €592,349
of which Trade receivables: -€66,786
Equity and liabilities
- Reserves +€107,827
up €107,827 (+13.7%), from €784,269 to €892,096
- Tax, wage and social debts -€90,019
down €90,019 (-87.8%), from €102,552 to €12,533
of which Taxes: -€78,134
- Debts after one year -€56,989
down €56,989 (-16.9%), from €336,977 to €279,988
- Other debts -€53,056
down €53,056 (-36.8%), from €144,007 to €90,952
- Trade debts +€47,117
up €47,117 (+328%), from €14,370 to €61,487
Income statement
- Staff costs -€92,013
down €92,013 (-34.1%), from €269,911 to €177,897
- Taxes +€28,824
up €28,824 (+46.0%), from €62,637 to €91,461
- Write-downs +€15,408
new in 2025: €15,408
- Gross operating margin +€15,076
up €15,076 (+2.9%), from €524,105 to €539,181
- Financial charges -€7,417
down €7,417 (-23.8%), from €31,106 to €23,689
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€133,518
Gross operating margin
+€15,076
Staff costs
+€92,013
Depreciation
-€1,304
Write-downs
-€15,408
Other operating charges
-€785
Financial income
+€1,864
Financial charges
+€7,417
Taxes
-€28,824
Result 2025
€203,566
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€189,494
Investment
-€29,857
Financing
-€118,131
Cash 2024
€302,842
From operations (derived)
+€189,494
Net result for the year
+€203,566
Depreciation
+€46,675
Stocks and contracts
-€5,143
Receivables within one year
+€30,277
Deferred charges and accrued income
+€9,312
Trade debts
+€47,117
Tax, wage and social debts
-€90,019
Other debts
-€53,056
Accrued charges and deferred income
+€763
Investment (derived)
-€29,857
Investment in fixed assets (net)
-€17,786
Current investments
-€12,071
Financing
-€118,131
Debts after one year
-€56,989
Current portion of long-term debt
+€34,597
Contributions, distributions and other
-€95,739
Cash 2025
€344,347
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,476,763 | €1,467,004 | -€9,759 | -0.7% |
| Fixed assets | 21/28 | €426,030 | €397,141 | -€28,889 | -6.8% |
| Intangible fixed assets | 21 | - | €3,159 | +€3,159 | |
| Tangible fixed assets | 22/27 | €426,030 | €393,982 | -€32,048 | -7.5% |
| Land and buildings | 22 | €403,072 | €367,493 | -€35,578 | -8.8% |
| Plant, machinery and equipment | 23 | €6,193 | €7,744 | +€1,550 | +25.0% |
| Furniture and vehicles | 24 | €16,765 | €18,745 | +€1,980 | +11.8% |
| Current assets | 29/58 | €1,050,733 | €1,069,863 | +€19,130 | +1.8% |
| Stocks and contracts in progress | 3 | €37,295 | €42,438 | +€5,143 | +13.8% |
| Stocks | 30/36 | €37,295 | €42,438 | +€5,143 | +13.8% |
| Amounts receivable within one year | 40/41 | €622,627 | €592,349 | -€30,277 | -4.9% |
| Trade receivables | 40 | €147,729 | €80,942 | -€66,786 | -45.2% |
| Other amounts receivable | 41 | €474,898 | €511,407 | +€36,509 | +7.7% |
| Current investments | 50/53 | €60,000 | €72,071 | +€12,071 | +20.1% |
| Cash at bank and in hand | 54/58 | €302,842 | €344,347 | +€41,506 | +13.7% |
| Deferred charges and accrued income | 490/1 | €27,969 | €18,657 | -€9,312 | -33.3% |
| Total equity and liabilities | 10/49 | €1,476,763 | €1,467,004 | -€9,759 | -0.7% |
| Equity | 10/15 | €802,869 | €910,696 | +€107,827 | +13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €784,269 | €892,096 | +€107,827 | +13.7% |
| Distributable reserves | 133 | €784,269 | €892,096 | +€107,827 | +13.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €673,894 | €556,308 | -€117,586 | -17.4% |
| Amounts payable after more than one year | 17 | €336,977 | €279,988 | -€56,989 | -16.9% |
| Financial debts | 170/4 | €336,977 | €279,988 | -€56,989 | -16.9% |
| Amounts payable within one year | 42/48 | €336,918 | €275,557 | -€61,361 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €75,989 | €110,585 | +€34,597 | +45.5% |
| Trade debts | 44 | €14,370 | €61,487 | +€47,117 | +328% |
| Suppliers | 440/4 | €14,370 | €61,487 | +€47,117 | +328% |
| Taxes, remuneration and social security | 45 | €102,552 | €12,533 | -€90,019 | -87.8% |
| Taxes | 450/3 | €82,228 | €4,095 | -€78,134 | -95.0% |
| Remuneration and social security | 454/9 | €20,323 | €8,438 | -€11,885 | -58.5% |
| Other amounts payable | 47/48 | €144,007 | €90,952 | -€53,056 | -36.8% |
| Accrued charges and deferred income | 492/3 | - | €763 | +€763 | |
| Non-recurring operating income | 76A | €5,862 | €6,612 | +€749 | +12.8% |
| Remuneration, social security and pensions | 62 | €269,911 | €177,897 | -€92,013 | -34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,372 | €46,675 | +€1,304 | +2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,408 | +€15,408 | |
| Other operating charges | 640/8 | €5,142 | €5,927 | +€785 | +15.3% |
| Gross operating margin | 9900 | €524,105 | €539,181 | +€15,076 | +2.9% |
| Operating profit (loss) | 9901 | €203,681 | €293,273 | +€89,592 | +44.0% |
| Financial income | 75/76B | €23,580 | €25,443 | +€1,864 | +7.9% |
| Recurring financial income | 75 | €23,580 | €25,443 | +€1,864 | +7.9% |
| Financial charges | 65/66B | €31,106 | €23,689 | -€7,417 | -23.8% |
| Recurring financial charges | 65 | €31,106 | €23,689 | -€7,417 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €196,154 | €295,027 | +€98,872 | +50.4% |
| Income taxes | 67/77 | €62,637 | €91,461 | +€28,824 | +46.0% |
| Profit (loss) for the period | 9904 | €133,518 | €203,566 | +€70,049 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €133,518 | €203,566 | +€70,049 | +52.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.