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Guidoc: 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.

What changed

Guidoc

BE 0443.919.708
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,885
2024 · €10,297-€412
Equity
€167,662
2024 · €157,777+€9,885
Cash
€97
2024 · €5,567-€5,470
Balance sheet total
€852,351
2024 · €600,620+€251,731

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€127,189

    up €127,189 (+165.7%), from €76,744 to €203,933

    of which Trade receivables: +€104,340

  • Receivables after one year +€54,374

    up €54,374 (+36.4%), from €149,500 to €203,874

  • Tangible fixed assets +€40,654

    new in 2025: €40,654

  • Deferred charges and accrued income +€37,172

    up €37,172 (+3543.6%), from €1,049 to €38,221

Equity and liabilities
  • Debts after one year +€152,430

    up €152,430 (+42.9%), from €355,000 to €507,430

  • Trade debts +€56,449

    up €56,449 (+247.3%), from €22,829 to €79,278

  • Tax, wage and social debts +€26,893

    up €26,893 (+82.3%), from €32,681 to €59,574

    of which Taxes: +€20,206

  • Profit (loss) carried forward +€9,885

    up €9,885 (+13.1%), from €75,277 to €85,162

Income statement
  • Staff costs +€152,827

    up €152,827 (+49.1%), from €311,520 to €464,347

  • Gross operating margin +€149,991

    up €149,991 (+48.4%), from €310,072 to €460,063

  • Financial income +€9,732

    up €9,732 (+36.6%), from €26,589 to €36,321

    of which Financial income: +€9,732

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €10,297
Gross operating margin +€149,991
Staff costs -€152,827
Depreciation -€3,144
Other operating charges -€36
Financial income +€9,732
Financial charges -€3,879
Taxes -€249
Result 2025 €9,885

Cash bridge derived

cash 2024 to 2025

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.

From operations -€124,344
Investment -€41,610
Financing +€160,484
Cash 2024 €5,567
Net result for the year +€9,885
Depreciation +€3,144
Receivables after one year -€54,374
Receivables within one year -€127,189
Deferred charges and accrued income -€37,172
Trade debts +€56,449
Tax, wage and social debts +€26,893
Other debts -€7,020
Accrued charges and deferred income +€5,040
Investment in fixed assets (net) -€41,610
Debts after one year +€152,430
Current portion of long-term debt +€8,054
Cash 2025 €97
Every line side by side 48 lines
Line Code 2024 2025 Change %
Total assets 20/58 €600,620 €852,351 +€251,731 +41.9%
Fixed assets 21/28 €367,760 €406,226 +€38,466 +10.5%
Tangible fixed assets 22/27 - €40,654 +€40,654
Furniture and vehicles 24 - €40,654 +€40,654
Financial fixed assets 28 €367,760 €365,572 -€2,188 -0.6%
Current assets 29/58 €232,860 €446,125 +€213,265 +91.6%
Amounts receivable after more than one year 29 €149,500 €203,874 +€54,374 +36.4%
Other amounts receivable 291 €149,500 €203,874 +€54,374 +36.4%
Amounts receivable within one year 40/41 €76,744 €203,933 +€127,189 +165.7%
Trade receivables 40 €54,244 €158,584 +€104,340 +192.4%
Other amounts receivable 41 €22,500 €45,349 +€22,849 +101.6%
Cash at bank and in hand 54/58 €5,567 €97 -€5,470 -98.3%
Deferred charges and accrued income 490/1 €1,049 €38,221 +€37,172 +3543.6%
Total equity and liabilities 10/49 €600,620 €852,351 +€251,731 +41.9%
Equity 10/15 €157,777 €167,662 +€9,885 +6.3%
Contributions 10/11 €75,000 €75,000 = 0.0%
Capital 10 €75,000 €75,000 = 0.0%
Issued capital 100 €75,000 €75,000 = 0.0%
Reserves 13 €7,500 €7,500 = 0.0%
Non-distributable reserves 130/1 €7,500 €7,500 = 0.0%
Legal reserve 130 €7,500 €7,500 = 0.0%
Profit (loss) carried forward 14 €75,277 €85,162 +€9,885 +13.1%
Amounts payable 17/49 €442,843 €684,689 +€241,846 +54.6%
Amounts payable after more than one year 17 €355,000 €507,430 +€152,430 +42.9%
Financial debts 170/4 €355,000 €507,430 +€152,430 +42.9%
Amounts payable within one year 42/48 €86,730 €171,106 +€84,376 +97.3%
Current portion of amounts payable after more than one year 42 - €8,054 +€8,054
Trade debts 44 €22,829 €79,278 +€56,449 +247.3%
Suppliers 440/4 €22,829 €79,278 +€56,449 +247.3%
Taxes, remuneration and social security 45 €32,681 €59,574 +€26,893 +82.3%
Taxes 450/3 €14,944 €35,150 +€20,206 +135.2%
Remuneration and social security 454/9 €17,737 €24,424 +€6,687 +37.7%
Other amounts payable 47/48 €31,220 €24,200 -€7,020 -22.5%
Accrued charges and deferred income 492/3 €1,113 €6,153 +€5,040 +452.8%
Remuneration, social security and pensions 62 €311,520 €464,347 +€152,827 +49.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €3,144 +€3,144
Other operating charges 640/8 €1,119 €1,155 +€36 +3.2%
Gross operating margin 9900 €310,072 €460,063 +€149,991 +48.4%
Operating profit (loss) 9901 -€2,567 -€8,583 -€6,016 -234.4%
Financial income 75/76B €26,589 €36,321 +€9,732 +36.6%
Recurring financial income 75 €6,277 €16,009 +€9,732 +155.0%
Non-recurring financial income 76B €20,312 €20,312 = 0.0%
Financial charges 65/66B €13,194 €17,073 +€3,879 +29.4%
Recurring financial charges 65 €13,194 €17,073 +€3,879 +29.4%
Profit (loss) for the period before taxes 9903 €10,828 €10,665 -€163 -1.5%
Income taxes 67/77 €531 €780 +€249 +46.9%
Profit (loss) for the period 9904 €10,297 €9,885 -€412 -4.0%
Profit (loss) for the period to be appropriated 9905 €10,297 €9,885 -€412 -4.0%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.