GUIVIE: 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
GUIVIE
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€22,781
2024 · €32,197-€9,415
Equity
€286,559
2024 · €263,778+€22,781
Cash
€6,004
2024 · €11,559-€5,554
Balance sheet total
€1.0m
2024 · €1.1m-€40,536
Largest movements
Assets
- Tangible fixed assets -€36,682
down €36,682 (-3.5%), from €1.1m to €1.0m
of which Land and buildings: -€39,029
Equity and liabilities
- Debts after one year -€71,328
down €71,328 (-50.0%), from €142,579 to €71,252
- Profit (loss) carried forward +€22,781
up €22,781 (+603%), from €3,778 to €26,559
Income statement
- Taxes +€5,389
new in 2025: €5,389
- Gross operating margin -€4,393
down €4,393 (-4.6%), from €94,680 to €90,287
- Financial charges -€1,062
down €1,062 (-27.4%), from €3,870 to €2,809
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
€32,197
Gross operating margin
-€4,393
Depreciation
-€706
Other operating charges
-€94
Financial income
+€105
Financial charges
+€1,062
Taxes
-€5,389
Result 2025
€22,781
raises the resultlowers the result
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
+€73,410
Investment
-€8,637
Financing
-€70,327
Cash 2024
€11,559
From operations (derived)
+€73,410
Net result for the year
+€22,781
Depreciation
+€45,319
Receivables within one year
-€1,614
Deferred charges and accrued income
-€86
Trade debts
-€856
Tax, wage and social debts
+€5,389
Other debts
+€2,777
Accrued charges and deferred income
-€300
Investment (derived)
-€8,637
Investment in fixed assets (net)
-€8,637
Financing
-€70,327
Debts after one year
-€71,328
Current portion of long-term debt
+€1,001
Cash 2025
€6,004
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,074,274 | €1,033,739 | -€40,536 | -3.8% |
| Fixed assets | 21/28 | €1,057,732 | €1,021,050 | -€36,682 | -3.5% |
| Tangible fixed assets | 22/27 | €1,057,732 | €1,021,050 | -€36,682 | -3.5% |
| Land and buildings | 22 | €1,057,732 | €1,018,703 | -€39,029 | -3.7% |
| Plant, machinery and equipment | 23 | - | €2,347 | +€2,347 | |
| Current assets | 29/58 | €16,543 | €12,689 | -€3,854 | -23.3% |
| Amounts receivable within one year | 40/41 | €1,590 | €3,204 | +€1,614 | +102% |
| Trade receivables | 40 | €1,590 | €3,204 | +€1,614 | +102% |
| Cash at bank and in hand | 54/58 | €11,559 | €6,004 | -€5,554 | -48.1% |
| Deferred charges and accrued income | 490/1 | €3,394 | €3,480 | +€86 | +2.5% |
| Total equity and liabilities | 10/49 | €1,074,274 | €1,033,739 | -€40,536 | -3.8% |
| Equity | 10/15 | €263,778 | €286,559 | +€22,781 | +8.6% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Capital | 10 | €260,000 | €260,000 | = | 0.0% |
| Issued capital | 100 | €260,000 | €260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,778 | €26,559 | +€22,781 | +603% |
| Amounts payable | 17/49 | €810,497 | €747,180 | -€63,317 | -7.8% |
| Amounts payable after more than one year | 17 | €142,579 | €71,252 | -€71,328 | -50.0% |
| Financial debts | 170/4 | €142,579 | €71,252 | -€71,328 | -50.0% |
| Amounts payable within one year | 42/48 | €667,617 | €675,928 | +€8,310 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €70,327 | €71,328 | +€1,001 | +1.4% |
| Trade debts | 44 | €4,576 | €3,720 | -€856 | -18.7% |
| Suppliers | 440/4 | €4,576 | €3,720 | -€856 | -18.7% |
| Taxes, remuneration and social security | 45 | - | €5,389 | +€5,389 | |
| Taxes | 450/3 | - | €5,389 | +€5,389 | |
| Other amounts payable | 47/48 | €592,714 | €595,491 | +€2,777 | +0.5% |
| Accrued charges and deferred income | 492/3 | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,613 | €45,319 | +€706 | +1.6% |
| Other operating charges | 640/8 | €14,001 | €14,095 | +€94 | +0.7% |
| Gross operating margin | 9900 | €94,680 | €90,287 | -€4,393 | -4.6% |
| Operating profit (loss) | 9901 | €36,067 | €30,874 | -€5,193 | -14.4% |
| Financial income | 75/76B | - | €105 | +€105 | |
| Recurring financial income | 75 | - | €105 | +€105 | |
| Non-recurring financial income | 76B | - | €105 | +€105 | |
| Financial charges | 65/66B | €3,870 | €2,809 | -€1,062 | -27.4% |
| Recurring financial charges | 65 | €3,870 | €2,809 | -€1,062 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €32,197 | €28,171 | -€4,026 | -12.5% |
| Income taxes | 67/77 | - | €5,389 | +€5,389 | |
| Profit (loss) for the period | 9904 | €32,197 | €22,781 | -€9,415 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,197 | €22,781 | -€9,415 | -29.2% |
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 24 October 2026 via checked.be.