GUICHAPHI: 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.
GUICHAPHI
Largest movements
- Receivables within one year +€897,722
up €897,722 (+187%), from €479,005 to €1.4m
- Other debts +€3.0m
up €3.0m (+79.9%), from €3.7m to €6.7m
- Reserves -€2.1m
down €2.1m (-18.1%), from €11.3m to €9.3m
of which Distributable reserves: -€2.1m
- Financial income +€35,103
up €35,103 (+3.2%), from €1.1m to €1.1m
- Taxes +€3,260
up €3,260 (+3.3%), from €97,533 to €100,793
- Financial charges -€663
down €663 (-3.0%), from €22,012 to €21,349
- Other operating charges -€77
down €77 (-7.1%), from €1,075 to €998
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 | €74,030,637 | €74,959,195 | +€928,558 | +1.3% |
| Fixed assets | 21/28 | €73,526,350 | €73,526,350 | = | 0.0% |
| Financial fixed assets | 28 | €73,526,350 | €73,526,350 | = | 0.0% |
| Current assets | 29/58 | €504,287 | €1,432,845 | +€928,558 | +184% |
| Amounts receivable within one year | 40/41 | €479,005 | €1,376,727 | +€897,722 | +187% |
| Other amounts receivable | 41 | €479,005 | €1,376,727 | +€897,722 | +187% |
| Cash at bank and in hand | 54/58 | €25,282 | €56,118 | +€30,836 | +122% |
| Total equity and liabilities | 10/49 | €74,030,637 | €74,959,195 | +€928,558 | +1.3% |
| Equity | 10/15 | €70,302,674 | €68,251,386 | -€2.1m | -2.9% |
| Contributions | 10/11 | €58,954,550 | €58,954,550 | = | 0.0% |
| Reserves | 13 | €11,348,124 | €9,296,836 | -€2.1m | -18.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €11,348,124 | €9,296,836 | -€2.1m | -18.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,727,963 | €6,707,809 | +€3.0m | +79.9% |
| Amounts payable within one year | 42/48 | €3,727,963 | €6,707,809 | +€3.0m | +79.9% |
| Trade debts | 44 | €182 | €139 | -€42 | -23.2% |
| Suppliers | 440/4 | €182 | €139 | -€42 | -23.2% |
| Other amounts payable | 47/48 | €3,727,781 | €6,707,669 | +€3.0m | +79.9% |
| Other operating charges | 640/8 | €1,075 | €998 | -€77 | -7.1% |
| Gross operating margin | 9900 | -€3,895 | -€3,876 | +€19 | +0.5% |
| Operating profit (loss) | 9901 | -€4,970 | -€4,874 | +€96 | +1.9% |
| Financial income | 75/76B | €1,099,843 | €1,134,946 | +€35,103 | +3.2% |
| Recurring financial income | 75 | €1,099,843 | €1,134,946 | +€35,103 | +3.2% |
| Financial charges | 65/66B | €22,012 | €21,349 | -€663 | -3.0% |
| Recurring financial charges | 65 | €22,012 | €21,349 | -€663 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €1,072,861 | €1,108,722 | +€35,862 | +3.3% |
| Income taxes | 67/77 | €97,533 | €100,793 | +€3,260 | +3.3% |
| Profit (loss) for the period | 9904 | €975,328 | €1,007,930 | +€32,602 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €975,328 | €1,007,930 | +€32,602 | +3.3% |
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 19 October 2026 via checked.be.