GÜLER BEZETTINGSWERKEN: what changed
What changed
GÜLER BEZETTINGSWERKEN
NACE 43.230, Insulation installation
filed annual accounts (NBB)
Net result for the year
€1,551
2024 · -€4,916+€6,468
Equity
€112,566
2024 · €111,014+€1,551
Cash
€2,209
2024 · €2,209
Balance sheet total
€291,838
2024 · €198,973+€92,864
Largest movements
Assets
- Receivables within one year +€84,377
up €84,377 (+118%), from €71,464 to €155,841
of which Trade receivables: +€87,205
- Tangible fixed assets +€8,487
up €8,487, from €0 to €8,487
of which Furniture and vehicles: +€8,487
Equity and liabilities
- Other debts +€53,974
up €53,974 (+212%), from €25,500 to €79,474
- Tax, wage and social debts +€34,656
up €34,656 (+219%), from €15,808 to €50,464
of which Remuneration and social security: +€27,375
- Trade debts -€10,828
no longer reported in 2025 (was €10,828)
- Short-term financial debts +€9,473
up €9,473 (+34.0%), from €27,855 to €37,327
- Current portion of long-term debt +€4,038
up €4,038 (+50.7%), from €7,969 to €12,007
Income statement
- Gross operating margin +€15,317
up €15,317 (+10.0%), from €153,459 to €168,777
- Staff costs +€6,952
up €6,952 (+4.8%), from €144,673 to €151,625
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€4,916
Gross operating margin
+€15,317
Staff costs
-€6,952
Depreciation
-€1,234
Other operating charges
-€644
Financial income
-€36
Financial charges
-€189
Taxes
+€206
Result 2025
€1,551
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1,488
Investment
-€12,022
Financing
+€13,511
Cash 2024
€2,209
From operations (derived)
-€1,488
Net result for the year
+€1,551
Depreciation
+€3,535
Receivables within one year
-€84,377
Trade debts
-€10,828
Tax, wage and social debts
+€34,656
Other debts
+€53,974
Investment (derived)
-€12,022
Investment in fixed assets (net)
-€12,022
Financing
+€13,511
Current portion of long-term debt
+€4,038
Short-term financial debts
+€9,473
Cash 2025
€2,209
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €198,973 | €291,838 | +€92,864 | +46.7% |
| Fixed assets | 21/28 | €0 | €8,487 | +€8,487 | |
| Tangible fixed assets | 22/27 | €0 | €8,487 | +€8,487 | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €8,487 | +€8,487 | |
| Current assets | 29/58 | €198,973 | €283,351 | +€84,377 | +42.4% |
| Amounts receivable after more than one year | 29 | €125,300 | €125,300 | = | 0.0% |
| Other amounts receivable | 291 | €125,300 | €125,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €71,464 | €155,841 | +€84,377 | +118% |
| Trade receivables | 40 | €68,637 | €155,841 | +€87,205 | +127% |
| Other amounts receivable | 41 | €2,827 | - | -€2,827 | |
| Cash at bank and in hand | 54/58 | €2,209 | €2,209 | = | 0.0% |
| Total equity and liabilities | 10/49 | €198,973 | €291,838 | +€92,864 | +46.7% |
| Equity | 10/15 | €111,014 | €112,566 | +€1,551 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,414 | €93,966 | +€1,551 | +1.7% |
| Amounts payable | 17/49 | €87,959 | €179,272 | +€91,313 | +104% |
| Amounts payable within one year | 42/48 | €87,959 | €179,272 | +€91,313 | +104% |
| Current portion of amounts payable after more than one year | 42 | €7,969 | €12,007 | +€4,038 | +50.7% |
| Financial debts | 43 | €27,855 | €37,327 | +€9,473 | +34.0% |
| Credit institutions | 430/8 | €27,855 | €37,327 | +€9,473 | +34.0% |
| Trade debts | 44 | €10,828 | - | -€10,828 | |
| Suppliers | 440/4 | €10,828 | - | -€10,828 | |
| Taxes, remuneration and social security | 45 | €15,808 | €50,464 | +€34,656 | +219% |
| Taxes | 450/3 | €5,796 | €13,077 | +€7,282 | +126% |
| Remuneration and social security | 454/9 | €10,012 | €37,387 | +€27,375 | +273% |
| Other amounts payable | 47/48 | €25,500 | €79,474 | +€53,974 | +212% |
| Remuneration, social security and pensions | 62 | €144,673 | €151,625 | +€6,952 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,302 | €3,535 | +€1,234 | +53.6% |
| Other operating charges | 640/8 | €919 | €1,564 | +€644 | +70.1% |
| Gross operating margin | 9900 | €153,459 | €168,777 | +€15,317 | +10.0% |
| Operating profit (loss) | 9901 | €5,565 | €12,053 | +€6,487 | +117% |
| Financial income | 75/76B | €36 | - | -€36 | |
| Recurring financial income | 75 | €36 | - | -€36 | |
| Financial charges | 65/66B | €8,851 | €9,040 | +€189 | +2.1% |
| Recurring financial charges | 65 | €8,851 | €9,040 | +€189 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,250 | €3,012 | +€6,262 | |
| Income taxes | 67/77 | €1,667 | €1,461 | -€206 | -12.3% |
| Profit (loss) for the period | 9904 | -€4,916 | €1,551 | +€6,468 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,916 | €1,551 | +€6,468 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.