Guide2Grow: what changed
Two fiscal 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.
Guide2Grow
Largest movements
- Cash -€12,670
down €12,670 (-10.8%), from €117,752 to €105,082
mainly Tax, wage and social debts (-€13,659) and Receivables within one year (-€9,349)
- Receivables within one year +€9,349
up €9,349 (+45.0%), from €20,765 to €30,114
of which Other amounts receivable: +€9,607
- Tangible fixed assets -€8,462
down €8,462 (-18.9%), from €44,745 to €36,283
of which Furniture and vehicles: -€6,621
- Tax, wage and social debts -€13,659
down €13,659 (-98.7%), from €13,844 to €185
- Other debts +€1,879
up €1,879 (+10.1%), from €18,687 to €20,566
- Gross operating margin -€8,786
down €8,786 (-27.0%), from €32,491 to €23,705
- Taxes -€2,166
down €2,166 (-35.5%), from €6,094 to €3,928
- Other operating charges +€591
up €591 (+40.2%), from €1,471 to €2,062
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 | €184,470 | €172,797 | -€11,673 | -6.3% |
| Fixed assets | 21/28 | €44,745 | €36,283 | -€8,462 | -18.9% |
| Tangible fixed assets | 22/27 | €44,745 | €36,283 | -€8,462 | -18.9% |
| Plant, machinery and equipment | 23 | €412 | €816 | +€404 | +98.1% |
| Furniture and vehicles | 24 | €22,877 | €16,256 | -€6,621 | -28.9% |
| Other tangible fixed assets | 26 | €21,456 | €19,211 | -€2,245 | -10.5% |
| Current assets | 29/58 | €139,725 | €136,514 | -€3,211 | -2.3% |
| Amounts receivable within one year | 40/41 | €20,765 | €30,114 | +€9,349 | +45.0% |
| Trade receivables | 40 | €19,360 | €19,102 | -€258 | -1.3% |
| Other amounts receivable | 41 | €1,405 | €11,012 | +€9,607 | +683.8% |
| Cash at bank and in hand | 54/58 | €117,752 | €105,082 | -€12,670 | -10.8% |
| Deferred charges and accrued income | 490/1 | €1,208 | €1,318 | +€110 | +9.1% |
| Total equity and liabilities | 10/49 | €184,470 | €172,797 | -€11,673 | -6.3% |
| Equity | 10/15 | €143,493 | €144,164 | +€671 | +0.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €140,993 | €141,664 | +€671 | +0.5% |
| Distributable reserves | 133 | €140,993 | €141,664 | +€671 | +0.5% |
| Amounts payable | 17/49 | €40,977 | €28,633 | -€12,344 | -30.1% |
| Amounts payable within one year | 42/48 | €40,977 | €28,633 | -€12,344 | -30.1% |
| Trade debts | 44 | €8,446 | €7,882 | -€564 | -6.7% |
| Suppliers | 440/4 | €8,446 | €7,882 | -€564 | -6.7% |
| Taxes, remuneration and social security | 45 | €13,844 | €185 | -€13,659 | -98.7% |
| Taxes | 450/3 | €13,844 | €185 | -€13,659 | -98.7% |
| Other amounts payable | 47/48 | €18,687 | €20,566 | +€1,879 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,167 | €10,445 | +€278 | +2.7% |
| Other operating charges | 640/8 | €1,471 | €2,062 | +€591 | +40.2% |
| Gross operating margin | 9900 | €32,491 | €23,705 | -€8,786 | -27.0% |
| Operating profit (loss) | 9901 | €20,853 | €11,198 | -€9,655 | -46.3% |
| Financial charges | 65/66B | €103 | €99 | -€4 | -3.9% |
| Recurring financial charges | 65 | €103 | €99 | -€4 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €20,750 | €11,099 | -€9,651 | -46.5% |
| Income taxes | 67/77 | €6,094 | €3,928 | -€2,166 | -35.5% |
| Profit (loss) for the period | 9904 | €14,656 | €7,171 | -€7,485 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,656 | €7,171 | -€7,485 | -51.1% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.