GUILEXINE: 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.
GUILEXINE
Largest movements
- Intangible fixed assets +€145,500
up €145,500 (+55.1%), from €264,104 to €409,604
- Cash -€20,524
down €20,524 (-43.8%), from €46,834 to €26,310
mainly Investment in fixed assets (net) (-€183,120) and Net result for the year (-€13,993)
- Debts after one year +€92,905
up €92,905 (+103%), from €90,459 to €183,364
- Current portion of long-term debt +€35,273
up €35,273 (+83.4%), from €42,283 to €77,557
- Profit (loss) carried forward -€13,993
down €13,993 (-33.2%), from €42,143 to €28,150
- Tax, wage and social debts +€9,865
up €9,865 (+190%), from €5,180 to €15,046
of which Remuneration and social security: +€10,641
- Other debts +€5,844
up €5,844 (+4.4%), from €133,034 to €138,878
- Staff costs +€54,502
new in 2025: €54,502
- Gross operating margin +€51,300
up €51,300 (+133%), from €38,489 to €89,789
- Financial charges +€6,605
up €6,605 (+164%), from €4,032 to €10,637
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.
Derived cash bridge
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 | €330,936 | €456,783 | +€125,846 | +38.0% |
| Fixed assets | 21/28 | €280,567 | €425,672 | +€145,105 | +51.7% |
| Intangible fixed assets | 21 | €264,104 | €409,604 | +€145,500 | +55.1% |
| Tangible fixed assets | 22/27 | €15,963 | €15,568 | -€395 | -2.5% |
| Plant, machinery and equipment | 23 | €2,141 | €2,829 | +€688 | +32.1% |
| Furniture and vehicles | 24 | €721 | €501 | -€220 | -30.5% |
| Other tangible fixed assets | 26 | €13,101 | €12,238 | -€863 | -6.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €50,369 | €31,110 | -€19,259 | -38.2% |
| Amounts receivable within one year | 40/41 | €2,870 | €3,773 | +€902 | +31.4% |
| Trade receivables | 40 | €2,870 | €1,186 | -€1,684 | -58.7% |
| Other amounts receivable | 41 | - | €2,586 | +€2,586 | |
| Cash at bank and in hand | 54/58 | €46,834 | €26,310 | -€20,524 | -43.8% |
| Deferred charges and accrued income | 490/1 | €665 | €1,028 | +€363 | +54.6% |
| Total equity and liabilities | 10/49 | €330,936 | €456,783 | +€125,846 | +38.0% |
| Equity | 10/15 | €45,143 | €31,150 | -€13,993 | -31.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,143 | €28,150 | -€13,993 | -33.2% |
| Amounts payable | 17/49 | €285,793 | €425,633 | +€139,840 | +48.9% |
| Amounts payable after more than one year | 17 | €90,459 | €183,364 | +€92,905 | +103% |
| Financial debts | 170/4 | €90,459 | €183,364 | +€92,905 | +103% |
| Amounts payable within one year | 42/48 | €191,245 | €242,268 | +€51,024 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €42,283 | €77,557 | +€35,273 | +83.4% |
| Trade debts | 44 | €10,748 | €10,788 | +€40 | +0.4% |
| Suppliers | 440/4 | €10,748 | €10,788 | +€40 | +0.4% |
| Taxes, remuneration and social security | 45 | €5,180 | €15,046 | +€9,865 | +190% |
| Taxes | 450/3 | €2,680 | €1,905 | -€775 | -28.9% |
| Remuneration and social security | 454/9 | €2,500 | €13,141 | +€10,641 | +426% |
| Other amounts payable | 47/48 | €133,034 | €138,878 | +€5,844 | +4.4% |
| Accrued charges and deferred income | 492/3 | €4,089 | - | -€4,089 | |
| Remuneration, social security and pensions | 62 | - | €54,502 | +€54,502 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,606 | €38,015 | +€408 | +1.1% |
| Other operating charges | 640/8 | €551 | €629 | +€78 | +14.2% |
| Gross operating margin | 9900 | €38,489 | €89,789 | +€51,300 | +133% |
| Operating profit (loss) | 9901 | €332 | -€3,357 | -€3,689 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €4,032 | €10,637 | +€6,605 | +164% |
| Recurring financial charges | 65 | €4,032 | €10,637 | +€6,605 | +164% |
| Profit (loss) for the period before taxes | 9903 | -€3,697 | -€13,993 | -€10,296 | -278% |
| Income taxes | 67/77 | -€190 | - | +€190 | |
| Profit (loss) for the period | 9904 | -€3,507 | -€13,993 | -€10,486 | -299% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,507 | -€13,993 | -€10,486 | -299% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.