GunAnt: 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.
GunAnt
Largest movements
- Current investments +€78,019
up €78,019 (+181%), from €43,050 to €121,069
- Cash +€12,805
up €12,805 (+31.9%), from €40,197 to €53,002
mainly Net result for the year (+€94,308) and Other debts (+€22,200)
- Tangible fixed assets -€3,690
down €3,690 (-22.3%), from €16,523 to €12,833
of which Plant, machinery and equipment: -€3,430
- Profit (loss) carried forward +€64,308
up €64,308 (+47.8%), from €134,583 to €198,891
- Other debts +€22,200
up €22,200 (+118%), from €18,836 to €41,036
- Tax, wage and social debts +€4,037
up €4,037 (+71.2%), from €5,669 to €9,706
- Gross operating margin +€9,854
up €9,854 (+7.5%), from €130,996 to €140,850
- Taxes -€1,991
down €1,991 (-4.4%), from €45,212 to €43,221
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 | €270,465 | €361,010 | +€90,545 | +33.5% |
| Fixed assets | 21/28 | €16,523 | €12,833 | -€3,690 | -22.3% |
| Tangible fixed assets | 22/27 | €16,523 | €12,833 | -€3,690 | -22.3% |
| Plant, machinery and equipment | 23 | €16,263 | €12,833 | -€3,430 | -21.1% |
| Furniture and vehicles | 24 | €260 | €0 | -€260 | -100% |
| Current assets | 29/58 | €253,942 | €348,177 | +€94,235 | +37.1% |
| Amounts receivable within one year | 40/41 | €170,695 | €174,106 | +€3,411 | +2.0% |
| Trade receivables | 40 | €93,108 | €111,427 | +€18,319 | +19.7% |
| Other amounts receivable | 41 | €77,587 | €62,679 | -€14,908 | -19.2% |
| Current investments | 50/53 | €43,050 | €121,069 | +€78,019 | +181% |
| Cash at bank and in hand | 54/58 | €40,197 | €53,002 | +€12,805 | +31.9% |
| Total equity and liabilities | 10/49 | €270,465 | €361,010 | +€90,545 | +33.5% |
| Equity | 10/15 | €245,960 | €310,268 | +€64,308 | +26.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €106,377 | €106,377 | = | 0.0% |
| Tax-exempt reserves | 132 | €58,940 | - | -€58,940 | |
| Distributable reserves | 133 | €47,437 | €106,377 | +€58,940 | +124% |
| Profit (loss) carried forward | 14 | €134,583 | €198,891 | +€64,308 | +47.8% |
| Amounts payable | 17/49 | €24,505 | €50,742 | +€26,237 | +107% |
| Amounts payable within one year | 42/48 | €24,505 | €50,742 | +€26,237 | +107% |
| Taxes, remuneration and social security | 45 | €5,669 | €9,706 | +€4,037 | +71.2% |
| Taxes | 450/3 | €5,669 | €9,706 | +€4,037 | +71.2% |
| Other amounts payable | 47/48 | €18,836 | €41,036 | +€22,200 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,735 | €4,619 | +€884 | +23.7% |
| Other operating charges | 640/8 | €112 | €512 | +€400 | +357% |
| Gross operating margin | 9900 | €130,996 | €140,850 | +€9,854 | +7.5% |
| Operating profit (loss) | 9901 | €127,149 | €135,719 | +€8,570 | +6.7% |
| Financial income | 75/76B | €1,335 | €1,880 | +€545 | +40.8% |
| Recurring financial income | 75 | €1,335 | €1,880 | +€545 | +40.8% |
| Financial charges | 65/66B | €39 | €70 | +€31 | +79.5% |
| Recurring financial charges | 65 | €39 | €70 | +€31 | +79.5% |
| Profit (loss) for the period before taxes | 9903 | €128,445 | €137,529 | +€9,084 | +7.1% |
| Income taxes | 67/77 | €45,212 | €43,221 | -€1,991 | -4.4% |
| Profit (loss) for the period | 9904 | €83,233 | €94,308 | +€11,075 | +13.3% |
| Transfer from tax-exempt reserves | 789 | - | €58,940 | +€58,940 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,233 | €153,248 | +€70,015 | +84.1% |
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 16 October 2026 via checked.be.