GUNEDEM: 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.
GUNEDEM
Largest movements
- Cash +€17,081
up €17,081 (+73.3%), from €23,307 to €40,388
mainly Net result for the year (+€13,286) and Trade debts (+€5,739)
- Receivables within one year +€3,298
up €3,298 (+97.6%), from €3,378 to €6,676
of which Other amounts receivable: +€3,127
- Profit (loss) carried forward +€13,286
up €13,286 (+909%), from €1,461 to €14,747
- Trade debts +€5,739
up €5,739 (+58.4%), from €9,835 to €15,574
- Tax, wage and social debts +€1,353
up €1,353 (+97.4%), from €1,389 to €2,743
of which Taxes: +€1,353
- Gross operating margin +€24,461
up €24,461, from -€7,289 to €17,172
- Taxes +€1,027
new in 2025: €1,027
- Other operating charges +€506
up €506 (+38.9%), from €1,300 to €1,806
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 | €26,685 | €47,064 | +€20,379 | +76.4% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €26,685 | €47,064 | +€20,379 | +76.4% |
| Amounts receivable within one year | 40/41 | €3,378 | €6,676 | +€3,298 | +97.6% |
| Trade receivables | 40 | €2,919 | €3,090 | +€171 | +5.8% |
| Other amounts receivable | 41 | €459 | €3,586 | +€3,127 | +682% |
| Cash at bank and in hand | 54/58 | €23,307 | €40,388 | +€17,081 | +73.3% |
| Total equity and liabilities | 10/49 | €26,685 | €47,064 | +€20,379 | +76.4% |
| Equity | 10/15 | €15,461 | €28,747 | +€13,286 | +85.9% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,461 | €14,747 | +€13,286 | +909% |
| Amounts payable | 17/49 | €11,224 | €18,317 | +€7,093 | +63.2% |
| Amounts payable within one year | 42/48 | €11,224 | €18,317 | +€7,093 | +63.2% |
| Trade debts | 44 | €9,835 | €15,574 | +€5,739 | +58.4% |
| Suppliers | 440/4 | €9,835 | €15,574 | +€5,739 | +58.4% |
| Taxes, remuneration and social security | 45 | €1,389 | €2,743 | +€1,353 | +97.4% |
| Taxes | 450/3 | €1,389 | €2,743 | +€1,353 | +97.4% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Other operating charges | 640/8 | €1,300 | €1,806 | +€506 | +38.9% |
| Gross operating margin | 9900 | -€7,289 | €17,172 | +€24,461 | |
| Operating profit (loss) | 9901 | -€8,589 | €15,367 | +€23,955 | |
| Financial charges | 65/66B | €915 | €1,054 | +€139 | +15.1% |
| Recurring financial charges | 65 | €915 | €1,054 | +€139 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,504 | €14,313 | +€23,817 | |
| Income taxes | 67/77 | - | €1,027 | +€1,027 | |
| Profit (loss) for the period | 9904 | -€9,504 | €13,286 | +€22,790 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,504 | €13,286 | +€22,790 |
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 13 October 2026 via checked.be.