Guillet Assurfinance: 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.
What changed
Guillet Assurfinance
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€36,108
2024 · €138,067-€101,959
Equity
€643,748
2024 · €607,640+€36,108
Cash
€15,386
2024 · €5,251+€10,134
Balance sheet total
€999,839
2024 · €1.0m-€44,278
Largest movements
Assets
- Intangible fixed assets -€52,000
down €52,000 (-21.4%), from €242,603 to €190,603
Equity and liabilities
- Profit (loss) carried forward +€49,878
up €49,878 (+20.8%), from €240,242 to €290,119
- Debts after one year -€28,231
down €28,231 (-9.6%), from €293,817 to €265,587
- Accrued charges and deferred income -€27,406
no longer reported in 2025 (was €27,406)
- Trade debts -€15,357
down €15,357 (-61.9%), from €24,802 to €9,446
- Reserves -€13,770
down €13,770 (-4.0%), from €348,559 to €334,789
of which Tax-exempt reserves: -€13,770
Income statement
- Gross operating margin -€77,751
down €77,751 (-31.8%), from €244,698 to €166,947
- Depreciation +€28,682
up €28,682 (+99.1%), from €28,944 to €57,626
- Staff costs +€22,347
up €22,347 (+98.3%), from €22,725 to €45,072
- Taxes -€7,529
down €7,529 (-24.6%), from €30,580 to €23,052
- Financial charges +€6,536
up €6,536 (+87.9%), from €7,436 to €13,972
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.
Result 2024
€138,067
Gross operating margin
-€77,751
Staff costs
-€22,347
Depreciation
-€28,682
Other operating charges
+€3,468
Financial income
-€3,646
Financial charges
-€6,536
Taxes
+€7,529
Deferred taxes and other
+€26,004
Result 2025
€36,108
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€37,381
Investment
-€956
Financing
-€26,291
Cash 2024
€5,251
From operations (derived)
+€37,381
Net result for the year
+€36,108
Depreciation
+€57,626
Receivables within one year
+€2,998
Deferred charges and accrued income
-€5,256
Provisions
-€4,590
Trade debts
-€15,357
Tax, wage and social debts
-€6,742
Accrued charges and deferred income
-€27,406
Investment (derived)
-€956
Investment in fixed assets (net)
-€956
Financing
-€26,291
Debts after one year
-€28,231
Current portion of long-term debt
+€1,939
Cash 2025
€15,386
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,044,117 | €999,839 | -€44,278 | -4.2% |
| Fixed assets | 21/28 | €430,047 | €373,377 | -€56,670 | -13.2% |
| Intangible fixed assets | 21 | €242,603 | €190,603 | -€52,000 | -21.4% |
| Tangible fixed assets | 22/27 | €186,374 | €181,704 | -€4,670 | -2.5% |
| Land and buildings | 22 | €186,374 | €181,704 | -€4,670 | -2.5% |
| Financial fixed assets | 28 | €1,069 | €1,069 | = | 0.0% |
| Current assets | 29/58 | €614,070 | €626,462 | +€12,392 | +2.0% |
| Amounts receivable after more than one year | 29 | €206,000 | €206,000 | = | 0.0% |
| Other amounts receivable | 291 | €206,000 | €206,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €402,490 | €399,491 | -€2,998 | -0.7% |
| Trade receivables | 40 | €1,934 | €2,062 | +€128 | +6.6% |
| Other amounts receivable | 41 | €400,556 | €397,429 | -€3,126 | -0.8% |
| Cash at bank and in hand | 54/58 | €5,251 | €15,386 | +€10,134 | +193% |
| Deferred charges and accrued income | 490/1 | €329 | €5,585 | +€5,256 | +1,597% |
| Total equity and liabilities | 10/49 | €1,044,117 | €999,839 | -€44,278 | -4.2% |
| Equity | 10/15 | €607,640 | €643,748 | +€36,108 | +5.9% |
| Contributions | 10/11 | €18,840 | €18,840 | = | 0.0% |
| Reserves | 13 | €348,559 | €334,789 | -€13,770 | -4.0% |
| Non-distributable reserves | 130/1 | €1,884 | €1,884 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,884 | €1,884 | = | 0.0% |
| Tax-exempt reserves | 132 | €64,243 | €50,473 | -€13,770 | -21.4% |
| Distributable reserves | 133 | €282,431 | €282,431 | = | 0.0% |
| Profit (loss) carried forward | 14 | €240,242 | €290,119 | +€49,878 | +20.8% |
| Provisions and deferred taxes | 16 | €21,414 | €16,824 | -€4,590 | -21.4% |
| Deferred taxes | 168 | €21,414 | €16,824 | -€4,590 | -21.4% |
| Amounts payable | 17/49 | €415,063 | €339,267 | -€75,796 | -18.3% |
| Amounts payable after more than one year | 17 | €293,817 | €265,587 | -€28,231 | -9.6% |
| Financial debts | 170/4 | €293,817 | €265,587 | -€28,231 | -9.6% |
| Amounts payable within one year | 42/48 | €93,839 | €73,680 | -€20,159 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €26,400 | €28,339 | +€1,939 | +7.3% |
| Trade debts | 44 | €24,802 | €9,446 | -€15,357 | -61.9% |
| Suppliers | 440/4 | €24,802 | €9,446 | -€15,357 | -61.9% |
| Taxes, remuneration and social security | 45 | €41,776 | €35,035 | -€6,742 | -16.1% |
| Taxes | 450/3 | €37,459 | €29,050 | -€8,409 | -22.4% |
| Remuneration and social security | 454/9 | €4,318 | €5,985 | +€1,667 | +38.6% |
| Other amounts payable | 47/48 | €861 | €861 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €27,406 | - | -€27,406 | |
| Non-recurring operating income | 76A | €91,800 | - | -€91,800 | |
| Remuneration, social security and pensions | 62 | €22,725 | €45,072 | +€22,347 | +98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,944 | €57,626 | +€28,682 | +99.1% |
| Other operating charges | 640/8 | €6,936 | €3,468 | -€3,468 | -50.0% |
| Gross operating margin | 9900 | €244,698 | €166,947 | -€77,751 | -31.8% |
| Operating profit (loss) | 9901 | €186,092 | €60,781 | -€125,311 | -67.3% |
| Financial income | 75/76B | €11,406 | €7,760 | -€3,646 | -32.0% |
| Recurring financial income | 75 | €11,406 | €7,760 | -€3,646 | -32.0% |
| Financial charges | 65/66B | €7,436 | €13,972 | +€6,536 | +87.9% |
| Recurring financial charges | 65 | €7,436 | €13,972 | +€6,536 | +87.9% |
| Profit (loss) for the period before taxes | 9903 | €190,062 | €54,569 | -€135,493 | -71.3% |
| Transfer from deferred taxes | 780 | €1,536 | €4,590 | +€3,054 | +199% |
| Transfer to deferred taxes | 680 | €22,950 | - | -€22,950 | |
| Income taxes | 67/77 | €30,580 | €23,052 | -€7,529 | -24.6% |
| Profit (loss) for the period | 9904 | €138,067 | €36,108 | -€101,959 | -73.8% |
| Transfer from tax-exempt reserves | 789 | €4,607 | €13,770 | +€9,163 | +199% |
| Transfer to tax-exempt reserves | 689 | €68,850 | - | -€68,850 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,824 | €49,878 | -€23,946 | -32.4% |
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.