GUILLACO: 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.
GUILLACO
Largest movements
- Cash +€5,466
up €5,466 (+762%), from €717 to €6,183
mainly Receivables within one year (+€5,364) and Net result for the year (+€167)
- Receivables within one year -€5,364
down €5,364 (-41.4%), from €12,962 to €7,598
- Formation expenses -€146
no longer reported in 2025 (was €146)
- Profit (loss) carried forward +€167
up €167 (+87.6%), from -€190 to -€24
- Depreciation -€1,496
down €1,496 (-91.1%), from €1,642 to €146
- Gross operating margin -€1,075
down €1,075 (-54.8%), from €1,960 to €886
- Other operating charges +€76
up €76 (+25.2%), from €300 to €376
- Taxes -€54
down €54 (-26.0%), from €208 to €154
- Financial charges +€43
new in 2025: €43
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 | €14,027 | €14,015 | -€11 | -0.1% |
| Formation expenses | 20 | €146 | - | -€146 | |
| Current assets | 29/58 | €13,881 | €14,015 | +€135 | +1.0% |
| Amounts receivable within one year | 40/41 | €12,962 | €7,598 | -€5,364 | -41.4% |
| Trade receivables | 40 | €12,962 | €7,598 | -€5,364 | -41.4% |
| Cash at bank and in hand | 54/58 | €717 | €6,183 | +€5,466 | +762% |
| Deferred charges and accrued income | 490/1 | €201 | €234 | +€33 | +16.3% |
| Total equity and liabilities | 10/49 | €14,027 | €14,015 | -€11 | -0.1% |
| Equity | 10/15 | €810 | €976 | +€167 | +20.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190 | -€24 | +€167 | +87.6% |
| Amounts payable | 17/49 | €13,217 | €13,039 | -€178 | -1.3% |
| Amounts payable within one year | 42/48 | €13,217 | €13,039 | -€178 | -1.3% |
| Trade debts | 44 | €116 | - | -€116 | |
| Suppliers | 440/4 | €116 | - | -€116 | |
| Taxes, remuneration and social security | 45 | €3,101 | €3,039 | -€62 | -2.0% |
| Taxes | 450/3 | €3,101 | €3,039 | -€62 | -2.0% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,642 | €146 | -€1,496 | -91.1% |
| Other operating charges | 640/8 | €300 | €376 | +€76 | +25.2% |
| Gross operating margin | 9900 | €1,960 | €886 | -€1,075 | -54.8% |
| Operating profit (loss) | 9901 | €18 | €364 | +€346 | +1,940% |
| Financial charges | 65/66B | - | €43 | +€43 | |
| Recurring financial charges | 65 | - | €43 | +€43 | |
| Profit (loss) for the period before taxes | 9903 | €18 | €320 | +€303 | +1,698% |
| Income taxes | 67/77 | €208 | €154 | -€54 | -26.0% |
| Profit (loss) for the period | 9904 | -€190 | €167 | +€357 | |
| Profit (loss) for the period to be appropriated | 9905 | -€190 | €167 | +€357 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.