GUKOLE: 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.
GUKOLE
Largest movements
- Cash +€10,723
up €10,723 (+82.0%), from €13,071 to €23,794
mainly Net result for the year (+€5,367) and Receivables within one year (+€4,462)
- Receivables within one year -€4,462
down €4,462 (-74.4%), from €6,002 to €1,539
of which Trade receivables: -€4,462
- Reserves +€5,367
up €5,367 (+42.3%), from €12,699 to €18,066
- Tax, wage and social debts +€893
up €893 (+65.0%), from €1,374 to €2,267
- Gross operating margin -€5,287
down €5,287 (-39.4%), from €13,411 to €8,125
- Taxes -€741
down €741 (-27.0%), from €2,741 to €2,000
- Financial income -€426
down €426 (-89.7%), from €475 to €49
- Other operating charges +€153
up €153 (+27.1%), from €566 to €719
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 | €19,072 | €25,333 | +€6,260 | +32.8% |
| Current assets | 29/58 | €19,072 | €25,333 | +€6,260 | +32.8% |
| Amounts receivable within one year | 40/41 | €6,002 | €1,539 | -€4,462 | -74.4% |
| Trade receivables | 40 | €6,002 | €1,539 | -€4,462 | -74.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €13,071 | €23,794 | +€10,723 | +82.0% |
| Total equity and liabilities | 10/49 | €19,072 | €25,333 | +€6,260 | +32.8% |
| Equity | 10/15 | €17,699 | €23,066 | +€5,367 | +30.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,699 | €18,066 | +€5,367 | +42.3% |
| Distributable reserves | 133 | €12,699 | €18,066 | +€5,367 | +42.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,374 | €2,267 | +€893 | +65.0% |
| Amounts payable within one year | 42/48 | €1,374 | €2,267 | +€893 | +65.0% |
| Taxes, remuneration and social security | 45 | €1,374 | €2,267 | +€893 | +65.0% |
| Taxes | 450/3 | €1,374 | €2,267 | +€893 | +65.0% |
| Other operating charges | 640/8 | €566 | €719 | +€153 | +27.1% |
| Gross operating margin | 9900 | €13,411 | €8,125 | -€5,287 | -39.4% |
| Operating profit (loss) | 9901 | €12,845 | €7,405 | -€5,440 | -42.3% |
| Financial income | 75/76B | €475 | €49 | -€426 | -89.7% |
| Recurring financial income | 75 | €475 | €49 | -€426 | -89.7% |
| Financial charges | 65/66B | €72 | €87 | +€14 | +20.0% |
| Recurring financial charges | 65 | €72 | €87 | +€14 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €13,247 | €7,367 | -€5,880 | -44.4% |
| Income taxes | 67/77 | €2,741 | €2,000 | -€741 | -27.0% |
| Profit (loss) for the period | 9904 | €10,507 | €5,367 | -€5,139 | -48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,507 | €5,367 | -€5,139 | -48.9% |
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 8 October 2026 via checked.be.