GUILLAUME: 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.
GUILLAUME
Largest movements
- Cash -€62,455
down €62,455 (-99.4%), from €62,825 to €370
mainly Receivables within one year (-€33,625) and Net result for the year (-€14,403)
- Receivables within one year +€33,625
up €33,625 (+65.1%), from €51,648 to €85,273
of which Other amounts receivable: +€31,834
- Profit (loss) carried forward -€11,403
down €11,403, from €306 to -€11,097
- Trade debts -€11,399
down €11,399 (-71.9%), from €15,844 to €4,445
- Tax, wage and social debts -€5,072
down €5,072 (-6.9%), from €73,832 to €68,760
of which Remuneration and social security: -€5,478
- Reserves -€3,000
no longer reported in 2025 (was €3,000)
- Gross operating margin -€221,790
down €221,790 (-39.2%), from €565,314 to €343,524
- Staff costs -€215,941
down €215,941 (-37.6%), from €574,072 to €358,131
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 | €115,048 | €85,846 | -€29,202 | -25.4% |
| Fixed assets | 21/28 | €457 | €84 | -€372 | -81.5% |
| Tangible fixed assets | 22/27 | €457 | €84 | -€372 | -81.5% |
| Furniture and vehicles | 24 | €457 | €84 | -€372 | -81.5% |
| Current assets | 29/58 | €114,592 | €85,761 | -€28,830 | -25.2% |
| Amounts receivable within one year | 40/41 | €51,648 | €85,273 | +€33,625 | +65.1% |
| Trade receivables | 40 | €22,356 | €24,147 | +€1,791 | +8.0% |
| Other amounts receivable | 41 | €29,292 | €61,126 | +€31,834 | +109% |
| Cash at bank and in hand | 54/58 | €62,825 | €370 | -€62,455 | -99.4% |
| Deferred charges and accrued income | 490/1 | €119 | €119 | = | 0.0% |
| Total equity and liabilities | 10/49 | €115,048 | €85,846 | -€29,202 | -25.4% |
| Equity | 10/15 | €23,306 | €8,903 | -€14,403 | -61.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,000 | - | -€3,000 | |
| Distributable reserves | 133 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €306 | -€11,097 | -€11,403 | |
| Amounts payable | 17/49 | €91,742 | €76,943 | -€14,800 | -16.1% |
| Amounts payable within one year | 42/48 | €89,676 | €74,626 | -€15,051 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | - | €850 | +€850 | |
| Financial debts | 43 | - | €570 | +€570 | |
| Credit institutions | 430/8 | - | €570 | +€570 | |
| Trade debts | 44 | €15,844 | €4,445 | -€11,399 | -71.9% |
| Suppliers | 440/4 | €15,844 | €4,445 | -€11,399 | -71.9% |
| Taxes, remuneration and social security | 45 | €73,832 | €68,760 | -€5,072 | -6.9% |
| Taxes | 450/3 | €9,050 | €9,456 | +€406 | +4.5% |
| Remuneration and social security | 454/9 | €64,782 | €59,305 | -€5,478 | -8.5% |
| Accrued charges and deferred income | 492/3 | €2,066 | €2,317 | +€251 | +12.2% |
| Remuneration, social security and pensions | 62 | €574,072 | €358,131 | -€215,941 | -37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €407 | €372 | -€35 | -8.6% |
| Other operating charges | 640/8 | €2,215 | €1,379 | -€836 | -37.7% |
| Gross operating margin | 9900 | €565,314 | €343,524 | -€221,790 | -39.2% |
| Operating profit (loss) | 9901 | -€11,381 | -€16,358 | -€4,978 | -43.7% |
| Financial income | 75/76B | €321 | €2,392 | +€2,071 | +645% |
| Recurring financial income | 75 | €321 | €2,392 | +€2,071 | +645% |
| Financial charges | 65/66B | €120 | €437 | +€316 | +263% |
| Recurring financial charges | 65 | €120 | €437 | +€316 | +263% |
| Profit (loss) for the period before taxes | 9903 | -€11,180 | -€14,403 | -€3,223 | -28.8% |
| Profit (loss) for the period | 9904 | -€11,180 | -€14,403 | -€3,223 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,180 | -€14,403 | -€3,223 | -28.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.