Gugo IT Solutions: 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.
Gugo IT Solutions
Largest movements
- Cash -€38,653
down €38,653 (-48.0%), from €80,467 to €41,814
mainly Current investments (-€24,147) and Receivables within one year (-€24,097)
- Current investments +€24,147
up €24,147 (+391%), from €6,169 to €30,316
- Receivables within one year +€24,097
up €24,097 (+46.2%), from €52,162 to €76,260
of which Trade receivables: +€12,416
- Tangible fixed assets -€2,977
down €2,977 (-36.1%), from €8,253 to €5,277
of which Furniture and vehicles: -€2,497
- Tax, wage and social debts +€5,436
up €5,436 (+11.3%), from €48,219 to €53,655
- Gross operating margin -€106,456
down €106,456 (-90.6%), from €117,507 to €11,051
- Taxes -€33,073
down €33,073 (-88.0%), from €37,578 to €4,505
- Depreciation +€2,300
up €2,300 (+340%), from €677 to €2,977
- Financial charges +€1,830
up €1,830 (+235%), from €780 to €2,609
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 | €147,869 | €154,427 | +€6,558 | +4.4% |
| Fixed assets | 21/28 | €8,253 | €5,277 | -€2,977 | -36.1% |
| Tangible fixed assets | 22/27 | €8,253 | €5,277 | -€2,977 | -36.1% |
| Plant, machinery and equipment | 23 | €1,345 | €865 | -€479 | -35.6% |
| Furniture and vehicles | 24 | €6,908 | €4,411 | -€2,497 | -36.1% |
| Current assets | 29/58 | €139,616 | €149,150 | +€9,534 | +6.8% |
| Amounts receivable within one year | 40/41 | €52,162 | €76,260 | +€24,097 | +46.2% |
| Trade receivables | 40 | €41,802 | €54,219 | +€12,416 | +29.7% |
| Other amounts receivable | 41 | €10,360 | €22,041 | +€11,681 | +113% |
| Current investments | 50/53 | €6,169 | €30,316 | +€24,147 | +391% |
| Cash at bank and in hand | 54/58 | €80,467 | €41,814 | -€38,653 | -48.0% |
| Deferred charges and accrued income | 490/1 | €818 | €761 | -€57 | -7.0% |
| Total equity and liabilities | 10/49 | €147,869 | €154,427 | +€6,558 | +4.4% |
| Equity | 10/15 | €80,807 | €81,247 | +€441 | +0.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €78,307 | €78,747 | +€441 | +0.6% |
| Distributable reserves | 133 | €78,307 | €78,747 | +€441 | +0.6% |
| Amounts payable | 17/49 | €67,062 | €73,179 | +€6,117 | +9.1% |
| Amounts payable within one year | 42/48 | €67,062 | €73,179 | +€6,117 | +9.1% |
| Trade debts | 44 | €18,843 | €19,524 | +€681 | +3.6% |
| Suppliers | 440/4 | €18,843 | €19,524 | +€681 | +3.6% |
| Taxes, remuneration and social security | 45 | €48,219 | €53,655 | +€5,436 | +11.3% |
| Taxes | 450/3 | €48,219 | €53,655 | +€5,436 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €677 | €2,977 | +€2,300 | +340% |
| Other operating charges | 640/8 | €480 | €1,405 | +€925 | +193% |
| Gross operating margin | 9900 | €117,507 | €11,051 | -€106,456 | -90.6% |
| Operating profit (loss) | 9901 | €116,351 | €6,669 | -€109,681 | -94.3% |
| Financial income | 75/76B | €314 | €886 | +€572 | +182% |
| Recurring financial income | 75 | €314 | €886 | +€572 | +182% |
| Financial charges | 65/66B | €780 | €2,609 | +€1,830 | +235% |
| Recurring financial charges | 65 | €780 | €2,609 | +€1,830 | +235% |
| Profit (loss) for the period before taxes | 9903 | €115,885 | €4,946 | -€110,939 | -95.7% |
| Income taxes | 67/77 | €37,578 | €4,505 | -€33,073 | -88.0% |
| Profit (loss) for the period | 9904 | €78,307 | €441 | -€77,866 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,307 | €441 | -€77,866 | -99.4% |
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 24 October 2026 via checked.be.