Guisset: 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.
Guisset
Largest movements
- Receivables within one year +€59,445
up €59,445 (+20.2%), from €293,746 to €353,191
of which Trade receivables: +€83,075
- Tangible fixed assets -€33,011
down €33,011 (-3.5%), from €936,578 to €903,567
of which Land and buildings: -€34,158
- Reserves +€523,046
up €523,046 (+106.7%), from €490,187 to €1.0m
- Other debts -€371,879
down €371,879 (-37.1%), from €1.0m to €630,966
- Tax, wage and social debts -€73,624
down €73,624 (-51.9%), from €141,856 to €68,232
- Debts after one year -€66,043
down €66,043 (-11.8%), from €558,627 to €492,584
- Financial income +€445,115
up €445,115 (+44511528.0%), from €1 to €445,116
- Gross operating margin +€31,608
up €31,608 (+20.3%), from €155,436 to €187,044
- Financial charges -€12,874
down €12,874 (-26.6%), from €48,474 to €35,600
- Taxes +€9,456
up €9,456 (+49.0%), from €19,291 to €28,747
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 | €2,336,031 | €2,355,841 | +€19,810 | +0.8% |
| Fixed assets | 21/28 | €2,033,658 | €2,000,647 | -€33,011 | -1.6% |
| Tangible fixed assets | 22/27 | €936,578 | €903,567 | -€33,011 | -3.5% |
| Land and buildings | 22 | €936,578 | €902,420 | -€34,158 | -3.6% |
| Furniture and vehicles | 24 | - | €1,147 | +€1,147 | |
| Financial fixed assets | 28 | €1,097,080 | €1,097,080 | = | 0.0% |
| Current assets | 29/58 | €302,373 | €355,194 | +€52,820 | +17.5% |
| Amounts receivable within one year | 40/41 | €293,746 | €353,191 | +€59,445 | +20.2% |
| Trade receivables | 40 | €48,202 | €131,277 | +€83,075 | +172.3% |
| Other amounts receivable | 41 | €245,544 | €221,914 | -€23,630 | -9.6% |
| Cash at bank and in hand | 54/58 | €4,854 | €1,051 | -€3,803 | -78.3% |
| Deferred charges and accrued income | 490/1 | €3,773 | €951 | -€2,821 | -74.8% |
| Total equity and liabilities | 10/49 | €2,336,031 | €2,355,841 | +€19,810 | +0.8% |
| Equity | 10/15 | €508,787 | €1,031,833 | +€523,046 | +102.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €490,187 | €1,013,233 | +€523,046 | +106.7% |
| Distributable reserves | 133 | €490,187 | €1,013,233 | +€523,046 | +106.7% |
| Amounts payable | 17/49 | €1,827,244 | €1,324,008 | -€503,236 | -27.5% |
| Amounts payable after more than one year | 17 | €558,627 | €492,584 | -€66,043 | -11.8% |
| Financial debts | 170/4 | €558,627 | €492,584 | -€66,043 | -11.8% |
| Amounts payable within one year | 42/48 | €1,229,854 | €779,409 | -€450,445 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €63,657 | €66,043 | +€2,386 | +3.7% |
| Trade debts | 44 | €21,496 | €14,168 | -€7,329 | -34.1% |
| Suppliers | 440/4 | €21,496 | €14,168 | -€7,329 | -34.1% |
| Taxes, remuneration and social security | 45 | €141,856 | €68,232 | -€73,624 | -51.9% |
| Taxes | 450/3 | €141,856 | €68,232 | -€73,624 | -51.9% |
| Other amounts payable | 47/48 | €1,002,844 | €630,966 | -€371,879 | -37.1% |
| Accrued charges and deferred income | 492/3 | €38,763 | €52,015 | +€13,252 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,760 | €43,044 | +€1,284 | +3.1% |
| Other operating charges | 640/8 | €1,812 | €1,724 | -€88 | -4.8% |
| Gross operating margin | 9900 | €155,436 | €187,044 | +€31,608 | +20.3% |
| Operating profit (loss) | 9901 | €111,864 | €142,276 | +€30,412 | +27.2% |
| Financial income | 75/76B | €1 | €445,116 | +€445,115 | +44511528.0% |
| Recurring financial income | 75 | €1 | €445,116 | +€445,115 | +44511528.0% |
| Financial charges | 65/66B | €48,474 | €35,600 | -€12,874 | -26.6% |
| Recurring financial charges | 65 | €48,474 | €35,600 | -€12,874 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €63,391 | €551,792 | +€488,401 | +770.5% |
| Income taxes | 67/77 | €19,291 | €28,747 | +€9,456 | +49.0% |
| Profit (loss) for the period | 9904 | €44,101 | €523,046 | +€478,945 | +1086.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,101 | €523,046 | +€478,945 | +1086.0% |
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 7 October 2026 via checked.be.