GUIDEL: 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.
GUIDEL
Largest movements
- Tangible fixed assets -€15,265
down €15,265 (-4.8%), from €316,127 to €300,862
of which Land and buildings: -€8,449
- Financial fixed assets -€9,500
down €9,500 (-16.2%), from €58,667 to €49,167
- Deferred charges and accrued income -€6,048
down €6,048 (-58.0%), from €10,428 to €4,381
- Profit (loss) carried forward -€14,924
down €14,924 (-934.1%), from -€1,598 to -€16,521
- Debts after one year -€9,330
down €9,330 (-7.2%), from €130,014 to €120,684
- Reserves -€4,855
down €4,855 (-3.1%), from €158,032 to €153,177
of which Tax-exempt reserves: -€4,855
- Purchases and services +€5,861
up €5,861 (+16.1%), from €36,487 to €42,347
- Gross operating margin -€4,247
down €4,247 (-86.5%), from €4,912 to €665
- Other operating charges -€1,822
down €1,822 (-58.6%), from €3,112 to €1,290
- Turnover +€1,614
up €1,614 (+3.9%), from €41,399 to €43,012
- Depreciation +€1,532
up €1,532 (+11.2%), from €13,733 to €15,265
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 | €389,488 | €358,771 | -€30,717 | -7.9% |
| Fixed assets | 21/28 | €374,794 | €350,029 | -€24,765 | -6.6% |
| Tangible fixed assets | 22/27 | €316,127 | €300,862 | -€15,265 | -4.8% |
| Land and buildings | 22 | €287,582 | €279,133 | -€8,449 | -2.9% |
| Furniture and vehicles | 24 | €19,748 | €14,748 | -€5,000 | -25.3% |
| Assets under construction and advance payments | 27 | €8,797 | €6,981 | -€1,816 | -20.6% |
| Financial fixed assets | 28 | €58,667 | €49,167 | -€9,500 | -16.2% |
| Current assets | 29/58 | €14,694 | €8,743 | -€5,952 | -40.5% |
| Amounts receivable within one year | 40/41 | €3,009 | €3,009 | = | 0.0% |
| Other amounts receivable | 41 | €3,009 | €3,009 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,257 | €1,353 | +€96 | +7.7% |
| Deferred charges and accrued income | 490/1 | €10,428 | €4,381 | -€6,048 | -58.0% |
| Total equity and liabilities | 10/49 | €389,488 | €358,771 | -€30,717 | -7.9% |
| Equity | 10/15 | €196,094 | €176,316 | -€19,779 | -10.1% |
| Contributions | 10/11 | €39,660 | €39,660 | = | 0.0% |
| Reserves | 13 | €158,032 | €153,177 | -€4,855 | -3.1% |
| Non-distributable reserves | 130/1 | €1,296 | €1,296 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,296 | €1,296 | = | 0.0% |
| Tax-exempt reserves | 132 | €156,736 | €151,881 | -€4,855 | -3.1% |
| Profit (loss) carried forward | 14 | -€1,598 | -€16,521 | -€14,924 | -934.1% |
| Provisions and deferred taxes | 16 | €52,245 | €50,627 | -€1,618 | -3.1% |
| Deferred taxes | 168 | €52,245 | €50,627 | -€1,618 | -3.1% |
| Amounts payable | 17/49 | €141,148 | €131,828 | -€9,320 | -6.6% |
| Amounts payable after more than one year | 17 | €130,014 | €120,684 | -€9,330 | -7.2% |
| Financial debts | 170/4 | €130,014 | €120,684 | -€9,330 | -7.2% |
| Amounts payable within one year | 42/48 | €11,134 | €11,144 | +€10 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €8,932 | €9,330 | +€397 | +4.4% |
| Trade debts | 44 | €2,202 | €1,814 | -€387 | -17.6% |
| Suppliers | 440/4 | €2,202 | €1,814 | -€387 | -17.6% |
| Turnover | 70 | €41,399 | €43,012 | +€1,614 | +3.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,487 | €42,347 | +€5,861 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,733 | €15,265 | +€1,532 | +11.2% |
| Other operating charges | 640/8 | €3,112 | €1,290 | -€1,822 | -58.6% |
| Gross operating margin | 9900 | €4,912 | €665 | -€4,247 | -86.5% |
| Operating profit (loss) | 9901 | -€11,933 | -€15,890 | -€3,957 | -33.2% |
| Financial income | 75/76B | €1,040 | €756 | -€284 | -27.3% |
| Recurring financial income | 75 | €1,040 | €756 | -€284 | -27.3% |
| Financial charges | 65/66B | €6,280 | €6,263 | -€17 | -0.3% |
| Recurring financial charges | 65 | €6,280 | €6,263 | -€17 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,174 | -€21,397 | -€4,223 | -24.6% |
| Transfer from deferred taxes | 780 | €1,618 | €1,618 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€15,555 | -€19,779 | -€4,223 | -27.2% |
| Transfer from tax-exempt reserves | 789 | €4,855 | €4,855 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,700 | -€14,924 | -€4,223 | -39.5% |
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 8 October 2026 via checked.be.