Guidon Projects: 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.
Guidon Projects
Largest movements
- Cash +€14,205
up €14,205 (+141.1%), from €10,071 to €24,276
mainly Net result for the year (+€21,763) and Tax, wage and social debts (+€9,365)
- Receivables within one year +€11,295
up €11,295 (+235.4%), from €4,798 to €16,093
of which Trade receivables: +€16,093
- Deferred charges and accrued income +€7,423
new in 2025: €7,423
- Reserves +€21,763
up €21,763 (+334.4%), from €6,508 to €28,270
- Tax, wage and social debts +€9,365
up €9,365 (+291.9%), from €3,208 to €12,574
- Trade debts +€1,462
up €1,462 (+83.7%), from €1,747 to €3,209
- Gross operating margin +€22,813
up €22,813 (+201.8%), from €11,306 to €34,120
- Taxes +€6,942
up €6,942 (+223.6%), from €3,105 to €10,047
- Other operating charges +€533
up €533 (+126.2%), from €422 to €955
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 | €15,612 | €48,287 | +€32,675 | +209.3% |
| Formation expenses | 20 | €743 | €495 | -€248 | -33.4% |
| Current assets | 29/58 | €14,869 | €47,791 | +€32,923 | +221.4% |
| Amounts receivable within one year | 40/41 | €4,798 | €16,093 | +€11,295 | +235.4% |
| Trade receivables | 40 | - | €16,093 | +€16,093 | |
| Other amounts receivable | 41 | €4,798 | €0 | -€4,798 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,071 | €24,276 | +€14,205 | +141.1% |
| Deferred charges and accrued income | 490/1 | - | €7,423 | +€7,423 | |
| Total equity and liabilities | 10/49 | €15,612 | €48,287 | +€32,675 | +209.3% |
| Equity | 10/15 | €9,508 | €31,270 | +€21,763 | +228.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,508 | €28,270 | +€21,763 | +334.4% |
| Distributable reserves | 133 | €6,508 | €28,270 | +€21,763 | +334.4% |
| Amounts payable | 17/49 | €6,105 | €17,017 | +€10,912 | +178.7% |
| Amounts payable within one year | 42/48 | €6,105 | €17,017 | +€10,912 | +178.7% |
| Trade debts | 44 | €1,747 | €3,209 | +€1,462 | +83.7% |
| Suppliers | 440/4 | €1,747 | €3,209 | +€1,462 | +83.7% |
| Taxes, remuneration and social security | 45 | €3,208 | €12,574 | +€9,365 | +291.9% |
| Taxes | 450/3 | €3,208 | €12,574 | +€9,365 | +291.9% |
| Other amounts payable | 47/48 | €1,150 | €1,234 | +€84 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €248 | = | 0.0% |
| Other operating charges | 640/8 | €422 | €955 | +€533 | +126.2% |
| Non-recurring operating charges | 66A | €280 | - | -€280 | |
| Gross operating margin | 9900 | €11,306 | €34,120 | +€22,813 | +201.8% |
| Operating profit (loss) | 9901 | €10,356 | €32,917 | +€22,561 | +217.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,260 | €1,107 | -€153 | -12.1% |
| Recurring financial charges | 65 | €1,260 | €1,107 | -€153 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €9,096 | €31,810 | +€22,714 | +249.7% |
| Income taxes | 67/77 | €3,105 | €10,047 | +€6,942 | +223.6% |
| Profit (loss) for the period | 9904 | €5,991 | €21,763 | +€15,771 | +263.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,991 | €21,763 | +€15,771 | +263.2% |
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 3 October 2026 via checked.be.