GUKUN: 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.
GUKUN
Largest movements
- Tangible fixed assets -€21,102
down €21,102 (-7.2%), from €291,174 to €270,072
- Receivables within one year -€17,722
down €17,722 (-75.4%), from €23,503 to €5,782
of which Trade receivables: -€19,000
- Reserves -€35,470
down €35,470 (-19.9%), from €178,661 to €143,191
of which Distributable reserves: -€35,470
- Other debts -€8,107
down €8,107 (-26.8%), from €30,210 to €22,103
- Trade debts +€6,262
up €6,262 (+1616.7%), from €387 to €6,650
- Gross operating margin -€704
down €704 (-9.4%), from -€7,457 to -€8,162
- Financial charges +€521
up €521 (+46.9%), from €1,111 to €1,632
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 | €315,534 | €276,943 | -€38,590 | -12.2% |
| Fixed assets | 21/28 | €291,174 | €270,072 | -€21,102 | -7.2% |
| Tangible fixed assets | 22/27 | €291,174 | €270,072 | -€21,102 | -7.2% |
| Land and buildings | 22 | €291,174 | €270,072 | -€21,102 | -7.2% |
| Current assets | 29/58 | €24,360 | €6,871 | -€17,488 | -71.8% |
| Amounts receivable within one year | 40/41 | €23,503 | €5,782 | -€17,722 | -75.4% |
| Trade receivables | 40 | €23,000 | €4,000 | -€19,000 | -82.6% |
| Other amounts receivable | 41 | €503 | €1,782 | +€1,278 | +254.0% |
| Cash at bank and in hand | 54/58 | €856 | €1,090 | +€233 | +27.3% |
| Total equity and liabilities | 10/49 | €315,534 | €276,943 | -€38,590 | -12.2% |
| Equity | 10/15 | €283,661 | €248,191 | -€35,470 | -12.5% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Capital | 10 | €105,000 | €105,000 | = | 0.0% |
| Issued capital | 100 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €178,661 | €143,191 | -€35,470 | -19.9% |
| Non-distributable reserves | 130/1 | €10,500 | €10,500 | = | 0.0% |
| Legal reserve | 130 | €10,500 | €10,500 | = | 0.0% |
| Distributable reserves | 133 | €168,161 | €132,691 | -€35,470 | -21.1% |
| Amounts payable | 17/49 | €31,872 | €28,752 | -€3,120 | -9.8% |
| Amounts payable within one year | 42/48 | €30,672 | €28,752 | -€1,920 | -6.3% |
| Financial debts | 43 | €75 | €0 | -€75 | -100.0% |
| Credit institutions | 430/8 | €75 | €0 | -€75 | -100.0% |
| Trade debts | 44 | €387 | €6,650 | +€6,262 | +1616.7% |
| Suppliers | 440/4 | €387 | €6,650 | +€6,262 | +1616.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €30,210 | €22,103 | -€8,107 | -26.8% |
| Accrued charges and deferred income | 492/3 | €1,200 | €0 | -€1,200 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,102 | €21,102 | = | 0.0% |
| Other operating charges | 640/8 | €4,617 | €4,601 | -€16 | -0.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€7,457 | -€8,162 | -€704 | -9.4% |
| Operating profit (loss) | 9901 | -€33,177 | -€33,865 | -€688 | -2.1% |
| Financial income | 75/76B | €26 | €27 | +€1 | +5.1% |
| Recurring financial income | 75 | €26 | €27 | +€1 | +5.1% |
| Financial charges | 65/66B | €1,111 | €1,632 | +€521 | +46.9% |
| Recurring financial charges | 65 | €1,111 | €1,632 | +€521 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | -€34,262 | -€35,470 | -€1,208 | -3.5% |
| Profit (loss) for the period | 9904 | -€34,262 | -€35,470 | -€1,208 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,262 | -€35,470 | -€1,208 | -3.5% |
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.