GUJAGO: 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.
GUJAGO
Largest movements
- Tangible fixed assets -€24,263
down €24,263 (-24.2%), from €100,319 to €76,056
of which Furniture and vehicles: -€21,441
- Deferred charges and accrued income +€2,692
up €2,692 (+371%), from €725 to €3,417
- Debts after one year -€13,342
down €13,342 (-41.7%), from €32,018 to €18,676
- Tax, wage and social debts -€7,097
no longer reported in 2025 (was €7,097)
of which Remuneration and social security: -€4,500
- Other debts -€1,666
no longer reported in 2025 (was €1,666)
- Gross operating margin -€3,728
down €3,728 (-12.1%), from €30,690 to €26,961
- Taxes -€595
down €595 (-71.2%), from €836 to €241
- Financial charges -€508
down €508 (-22.3%), from €2,283 to €1,775
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €121,517 | €99,355 | -€22,162 | -18.2% |
| Fixed assets | 21/28 | €100,319 | €76,056 | -€24,263 | -24.2% |
| Tangible fixed assets | 22/27 | €100,319 | €76,056 | -€24,263 | -24.2% |
| Land and buildings | 22 | €1,475 | €1,311 | -€164 | -11.1% |
| Plant, machinery and equipment | 23 | €1,945 | €1,544 | -€402 | -20.7% |
| Furniture and vehicles | 24 | €72,060 | €50,620 | -€21,441 | -29.8% |
| Other tangible fixed assets | 26 | €24,838 | €22,582 | -€2,256 | -9.1% |
| Current assets | 29/58 | €21,199 | €23,299 | +€2,101 | +9.9% |
| Amounts receivable within one year | 40/41 | €18,971 | €18,086 | -€885 | -4.7% |
| Trade receivables | 40 | €15,502 | €12,474 | -€3,028 | -19.5% |
| Other amounts receivable | 41 | €3,469 | €5,612 | +€2,143 | +61.8% |
| Cash at bank and in hand | 54/58 | €1,503 | €1,796 | +€294 | +19.5% |
| Deferred charges and accrued income | 490/1 | €725 | €3,417 | +€2,692 | +371% |
| Total equity and liabilities | 10/49 | €121,517 | €99,355 | -€22,162 | -18.2% |
| Equity | 10/15 | €67,268 | €66,397 | -€871 | -1.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €42,885 | €42,885 | = | 0.0% |
| Distributable reserves | 133 | €42,885 | €42,885 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,383 | €13,513 | -€871 | -6.1% |
| Amounts payable | 17/49 | €54,249 | €32,958 | -€21,291 | -39.2% |
| Amounts payable after more than one year | 17 | €32,018 | €18,676 | -€13,342 | -41.7% |
| Financial debts | 170/4 | €32,018 | €18,676 | -€13,342 | -41.7% |
| Amounts payable within one year | 42/48 | €22,231 | €14,282 | -€7,949 | -35.8% |
| Current portion of amounts payable after more than one year | 42 | €12,799 | €13,342 | +€544 | +4.2% |
| Trade debts | 44 | €669 | €939 | +€270 | +40.4% |
| Suppliers | 440/4 | €669 | €939 | +€270 | +40.4% |
| Taxes, remuneration and social security | 45 | €7,097 | - | -€7,097 | |
| Taxes | 450/3 | €2,597 | - | -€2,597 | |
| Remuneration and social security | 454/9 | €4,500 | - | -€4,500 | |
| Other amounts payable | 47/48 | €1,666 | - | -€1,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,940 | €25,027 | +€87 | +0.4% |
| Other operating charges | 640/8 | €701 | €789 | +€88 | +12.5% |
| Gross operating margin | 9900 | €30,690 | €26,961 | -€3,728 | -12.1% |
| Operating profit (loss) | 9901 | €5,048 | €1,145 | -€3,903 | -77.3% |
| Financial charges | 65/66B | €2,283 | €1,775 | -€508 | -22.3% |
| Recurring financial charges | 65 | €2,283 | €1,775 | -€508 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €2,765 | -€630 | -€3,395 | |
| Income taxes | 67/77 | €836 | €241 | -€595 | -71.2% |
| Profit (loss) for the period | 9904 | €1,929 | -€871 | -€2,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,929 | -€871 | -€2,799 |
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 18 October 2026 via checked.be.