Guina: 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.
What changed
Guina
NACE 10.130, Manufacture of food products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€148,750
2024 · €682,410-€533,660
Equity
€6.2m
2024 · €6.0m+€134,943
Cash
€1.3m
2024 · €997,525+€253,793
Balance sheet total
€13.7m
2024 · €12.7m+€991,043
Largest movements
Assets
- Receivables within one year +€786,052
up €786,052 (+11.5%), from €6.8m to €7.6m
of which Trade receivables: +€894,969
- Cash +€253,793
up €253,793 (+25.4%), from €997,525 to €1.3m
mainly Trade debts (+€803,057) and Depreciation (+€702,190)
Equity and liabilities
- Trade debts +€803,057
up €803,057 (+13.8%), from €5.8m to €6.6m
- Profit (loss) carried forward +€148,750
up €148,750 (+5.9%), from €2.5m to €2.7m
Income statement
- Goods and materials +€5.0m
up €5.0m (+12.0%), from €41.5m to €46.5m
of which Purchases: +€4.6m
- Turnover +€4.9m
up €4.9m (+9.4%), from €51.8m to €56.7m
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
€682,410
Turnover
+€4.9m
Other operating income
+€10,185
Goods and materials
-€5.0m
Services and other goods
-€189,872
Staff costs
-€251,676
Depreciation
+€115,349
Other operating charges
-€2,450
Other operating items
-€118,700
Financial income
-€9,930
Financial charges
-€430
Taxes
-€3,772
Result 2025
€148,750
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.
From operations
+€1.0m
Investment
-€754,907
Financing
-€13,807
Cash 2024
€997,525
From operations (derived)
+€1.0m
Net result for the year
+€148,750
Depreciation
+€702,190
Stocks and contracts
+€97,909
Receivables within one year
-€786,052
Deferred charges and accrued income
+€3,610
Trade debts
+€803,057
Tax, wage and social debts
+€74,972
Accrued charges and deferred income
-€21,929
Investment (derived)
-€754,907
Investment in fixed assets (net)
-€754,907
Financing
-€13,807
Contributions, distributions and other
-€13,807
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,703,230 | €13,694,273 | +€991,043 | +7.8% |
| Fixed assets | 21/28 | €2,907,237 | €2,959,954 | +€52,717 | +1.8% |
| Tangible fixed assets | 22/27 | €2,906,642 | €2,959,059 | +€52,417 | +1.8% |
| Land and buildings | 22 | €1,656,918 | €1,644,076 | -€12,842 | -0.8% |
| Plant, machinery and equipment | 23 | €1,154,525 | €1,140,070 | -€14,455 | -1.3% |
| Furniture and vehicles | 24 | €95,199 | €174,913 | +€79,714 | +83.7% |
| Financial fixed assets | 28 | €595 | €895 | +€300 | +50.4% |
| Other financial fixed assets | 284/8 | €595 | €895 | +€300 | +50.4% |
| Amounts receivable and cash guarantees | 285/8 | €595 | €895 | +€300 | +50.4% |
| Current assets | 29/58 | €9,795,993 | €10,734,319 | +€938,326 | +9.6% |
| Stocks and contracts in progress | 3 | €1,973,950 | €1,876,041 | -€97,909 | -5.0% |
| Stocks | 30/36 | €1,973,950 | €1,876,041 | -€97,909 | -5.0% |
| Raw materials and consumables | 30/31 | €928,497 | €718,453 | -€210,044 | -22.6% |
| Work in progress | 32 | €115,240 | €258,519 | +€143,279 | +124.3% |
| Finished goods | 33 | €930,213 | €899,069 | -€31,144 | -3.3% |
| Amounts receivable within one year | 40/41 | €6,809,149 | €7,595,201 | +€786,052 | +11.5% |
| Trade receivables | 40 | €6,513,090 | €7,408,059 | +€894,969 | +13.7% |
| Other amounts receivable | 41 | €296,059 | €187,142 | -€108,917 | -36.8% |
| Cash at bank and in hand | 54/58 | €997,525 | €1,251,318 | +€253,793 | +25.4% |
| Deferred charges and accrued income | 490/1 | €15,369 | €11,759 | -€3,610 | -23.5% |
| Total equity and liabilities | 10/49 | €12,703,230 | €13,694,273 | +€991,043 | +7.8% |
| Equity | 10/15 | €6,019,827 | €6,154,770 | +€134,943 | +2.2% |
| Contributions | 10/11 | €375,559 | €375,559 | = | 0.0% |
| Capital | 10 | €375,559 | €375,559 | = | 0.0% |
| Issued capital | 100 | €375,559 | €375,559 | = | 0.0% |
| Reserves | 13 | €3,101,809 | €3,101,809 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,074 | €50,074 | = | 0.0% |
| Legal reserve | 130 | €50,074 | €50,074 | = | 0.0% |
| Tax-exempt reserves | 132 | €849,135 | €849,135 | = | 0.0% |
| Distributable reserves | 133 | €2,202,600 | €2,202,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,528,652 | €2,677,402 | +€148,750 | +5.9% |
| Investment grants | 15 | €13,807 | - | -€13,807 | |
| Amounts payable | 17/49 | €6,683,403 | €7,539,503 | +€856,100 | +12.8% |
| Amounts payable within one year | 42/48 | €6,478,329 | €7,356,358 | +€878,029 | +13.6% |
| Trade debts | 44 | €5,839,818 | €6,642,875 | +€803,057 | +13.8% |
| Suppliers | 440/4 | €5,839,818 | €6,642,875 | +€803,057 | +13.8% |
| Taxes, remuneration and social security | 45 | €638,511 | €713,483 | +€74,972 | +11.7% |
| Taxes | 450/3 | €100,667 | €111,108 | +€10,441 | +10.4% |
| Remuneration and social security | 454/9 | €537,844 | €602,375 | +€64,531 | +12.0% |
| Accrued charges and deferred income | 492/3 | €205,074 | €183,145 | -€21,929 | -10.7% |
| Operating income | 70/76A | €52,172,731 | €56,951,492 | +€4.8m | +9.2% |
| Turnover | 70 | €51,838,541 | €56,725,817 | +€4.9m | +9.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €223,062 | €112,135 | -€110,927 | -49.7% |
| Own construction capitalised | 72 | €39,314 | €28,826 | -€10,488 | -26.7% |
| Other operating income | 74 | €71,814 | €81,999 | +€10,185 | +14.2% |
| Non-recurring operating income | 76A | - | €2,715 | +€2,715 | |
| Operating charges | 60/66A | €51,512,362 | €56,810,651 | +€5.3m | +10.3% |
| Goods for resale, raw materials and consumables | 60 | €41,492,089 | €46,461,729 | +€5.0m | +12.0% |
| Purchases | 600/8 | €41,620,502 | €46,251,685 | +€4.6m | +11.1% |
| Change in stocks: decrease (increase) | 609 | -€128,413 | €210,044 | +€338,457 | |
| Services and other goods | 61 | €4,971,859 | €5,161,731 | +€189,872 | +3.8% |
| Remuneration, social security and pensions | 62 | €4,151,035 | €4,402,711 | +€251,676 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817,539 | €702,190 | -€115,349 | -14.1% |
| Other operating charges | 640/8 | €79,840 | €82,290 | +€2,450 | +3.1% |
| Operating profit (loss) | 9901 | €660,369 | €140,841 | -€519,528 | -78.7% |
| Financial income | 75/76B | €23,737 | €13,807 | -€9,930 | -41.8% |
| Recurring financial income | 75 | €23,737 | €13,807 | -€9,930 | -41.8% |
| Income from current assets | 751 | €1,778 | - | -€1,778 | |
| Other financial income | 752/9 | €21,959 | €13,807 | -€8,152 | -37.1% |
| Financial charges | 65/66B | €1,421 | €1,851 | +€430 | +30.3% |
| Recurring financial charges | 65 | €1,421 | €1,851 | +€430 | +30.3% |
| Other financial charges | 652/9 | €1,421 | €1,851 | +€430 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €682,685 | €152,797 | -€529,888 | -77.6% |
| Income taxes | 67/77 | €275 | €4,047 | +€3,772 | +1371.6% |
| Taxes | 670/3 | €275 | €4,047 | +€3,772 | +1371.6% |
| Profit (loss) for the period | 9904 | €682,410 | €148,750 | -€533,660 | -78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €682,410 | €148,750 | -€533,660 | -78.2% |
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.