GUINCHO: 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.
GUINCHO
Largest movements
- Receivables within one year +€57,482
up €57,482 (+24.3%), from €236,581 to €294,063
- Profit (loss) carried forward +€46,590
up €46,590 (+145.2%), from €32,084 to €78,674
- Tax, wage and social debts +€15,557
up €15,557 (+820.6%), from €1,896 to €17,452
- Gross operating margin +€54,646
up €54,646 (+196.2%), from €27,847 to €82,493
- Taxes +€15,548
up €15,548 (+815.1%), from €1,908 to €17,456
- Financial income +€3,603
up €3,603 (+47.1%), from €7,653 to €11,255
- Other operating charges +€1,362
up €1,362 (+4.8%), from €28,186 to €29,548
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €504,644 | €566,564 | +€61,920 | +12.3% |
| Fixed assets | 21/28 | €260,288 | €260,288 | = | 0.0% |
| Tangible fixed assets | 22/27 | €260,288 | €260,288 | = | 0.0% |
| Land and buildings | 22 | €260,288 | €260,288 | = | 0.0% |
| Current assets | 29/58 | €244,356 | €306,276 | +€61,920 | +25.3% |
| Amounts receivable within one year | 40/41 | €236,581 | €294,063 | +€57,482 | +24.3% |
| Other amounts receivable | 41 | €236,581 | €294,063 | +€57,482 | +24.3% |
| Cash at bank and in hand | 54/58 | €122 | €958 | +€836 | +686.1% |
| Deferred charges and accrued income | 490/1 | €7,653 | €11,255 | +€3,603 | +47.1% |
| Total equity and liabilities | 10/49 | €504,644 | €566,564 | +€61,920 | +12.3% |
| Equity | 10/15 | €499,789 | €546,379 | +€46,590 | +9.3% |
| Contributions | 10/11 | €161,550 | €161,550 | = | 0.0% |
| Capital | 10 | €161,550 | €161,550 | = | 0.0% |
| Issued capital | 100 | €161,550 | €161,550 | = | 0.0% |
| Reserves | 13 | €306,155 | €306,155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,155 | €16,155 | = | 0.0% |
| Legal reserve | 130 | €16,155 | €16,155 | = | 0.0% |
| Distributable reserves | 133 | €290,000 | €290,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,084 | €78,674 | +€46,590 | +145.2% |
| Amounts payable | 17/49 | €4,855 | €20,185 | +€15,331 | +315.8% |
| Amounts payable within one year | 42/48 | €4,775 | €20,185 | +€15,411 | +322.8% |
| Trade debts | 44 | - | €2,725 | +€2,725 | |
| Suppliers | 440/4 | - | €2,725 | +€2,725 | |
| Taxes, remuneration and social security | 45 | €1,896 | €17,452 | +€15,557 | +820.6% |
| Taxes | 450/3 | €1,896 | €17,452 | +€15,557 | +820.6% |
| Other amounts payable | 47/48 | €2,879 | €8 | -€2,871 | -99.7% |
| Accrued charges and deferred income | 492/3 | €80 | - | -€80 | |
| Other operating charges | 640/8 | €28,186 | €29,548 | +€1,362 | +4.8% |
| Gross operating margin | 9900 | €27,847 | €82,493 | +€54,646 | +196.2% |
| Operating profit (loss) | 9901 | -€339 | €52,945 | +€53,284 | |
| Financial income | 75/76B | €7,653 | €11,255 | +€3,603 | +47.1% |
| Recurring financial income | 75 | €7,653 | €11,255 | +€3,603 | +47.1% |
| Financial charges | 65/66B | €198 | €155 | -€43 | -21.7% |
| Recurring financial charges | 65 | €198 | €155 | -€43 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €7,115 | €64,045 | +€56,930 | +800.1% |
| Income taxes | 67/77 | €1,908 | €17,456 | +€15,548 | +815.1% |
| Profit (loss) for the period | 9904 | €5,208 | €46,590 | +€41,382 | +794.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,208 | €46,590 | +€41,382 | +794.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.