GUIDO DE GREFTE: 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.
GUIDO DE GREFTE
Largest movements
- Current assets +€318,235
up €318,235 (+46.5%), from €684,357 to €1.0m
of which Cash: +€164,897
- Financial fixed assets -€55,800
down €55,800 (-99.6%), from €56,000 to €200
- Profit (loss) carried forward +€387,546
up €387,546 (+59.5%), from €650,932 to €1.0m
- Debts -€117,975
down €117,975 (-25.0%), from €471,252 to €353,277
of which Debts within one year: -€100,375
- Gross operating margin +€290,039
up €290,039 (+79.0%), from €367,186 to €657,225
- Taxes +€86,789
up €86,789 (+81.2%), from €106,842 to €193,631
From the 2008 result to the 2009 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2008 | 2009 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,132,782 | €1,402,353 | +€269,571 | +23.8% |
| Fixed assets | 21/28 | €448,426 | €399,761 | -€48,665 | -10.9% |
| Tangible fixed assets | 22/27 | €392,426 | €399,561 | +€7,135 | +1.8% |
| Financial fixed assets | 28 | €56,000 | €200 | -€55,800 | -99.6% |
| Current assets | 29/58 | €684,357 | €1,002,592 | +€318,235 | +46.5% |
| Amounts receivable within one year | 40/41 | €92,383 | €82,763 | -€9,621 | -10.4% |
| Cash at bank and in hand | 54/58 | €553,619 | €718,515 | +€164,897 | +29.8% |
| Total equity and liabilities | 10/49 | €1,132,782 | €1,402,353 | +€269,571 | +23.8% |
| Equity | 10/15 | €661,531 | €1,049,076 | +€387,546 | +58.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,398 | €4,398 | = | 0.0% |
| Profit (loss) carried forward | 14 | €650,932 | €1,038,478 | +€387,546 | +59.5% |
| Amounts payable | 17/49 | €471,252 | €353,277 | -€117,975 | -25.0% |
| Amounts payable after more than one year | 17 | €320,463 | €301,875 | -€18,589 | -5.8% |
| Amounts payable within one year | 42/48 | €147,125 | €46,750 | -€100,375 | -68.2% |
| Trade debts | 44 | €5,285 | €19,761 | +€14,476 | +274% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,368 | €55,290 | +€4,922 | +9.8% |
| Gross operating margin | 9900 | €367,186 | €657,225 | +€290,039 | +79.0% |
| Operating profit (loss) | 9901 | €311,002 | €592,801 | +€281,799 | +90.6% |
| Recurring financial income | 75 | €13,740 | €7,988 | -€5,752 | -41.9% |
| Recurring financial charges | 65 | €20,492 | €19,611 | -€880 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €304,250 | €581,177 | +€276,927 | +91.0% |
| Income taxes | 67/77 | €106,842 | €193,631 | +€86,789 | +81.2% |
| Profit (loss) for the period | 9904 | €197,408 | €387,546 | +€190,138 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €197,408 | €387,546 | +€190,138 | +96.3% |
Source: filed annual accounts (NBB), financial years ended 31 October 2008 and 31 October 2009. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.