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GUNEI: 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.

What changed

GUNEI

BE 0447.503.560
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,647
2024 · -€4,422-€225
Equity
€171,331
2024 · €175,978-€4,647
Cash
€17,566
2024 · €18,055-€489
Balance sheet total
€218,251
2024 · €228,295-€10,044

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€9,532

    down €9,532 (-4.5%), from €209,857 to €200,325

    of which Land and buildings: -€8,667

Equity and liabilities
  • Revaluation surpluses -€8,667

    down €8,667 (-4.3%), from €200,200 to €191,533

  • Reserves +€8,667

    up €8,667 (+13.5%), from €64,158 to €72,824

  • Other debts -€5,999

    down €5,999 (-11.9%), from €50,243 to €44,245

  • Profit (loss) carried forward -€4,647

    down €4,647 (-3.1%), from -€150,380 to -€155,027

Income statement
  • Gross operating margin -€462

    down €462 (-4.3%), from €10,778 to €10,317

  • Financial charges -€309

    down €309 (-9.9%), from €3,110 to €2,801

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€4,422
Gross operating margin -€462
Other operating charges -€72
Financial charges +€309
Result 2025 -€4,647

Cash bridge derived

cash 2024 to 2025

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.

From operations -€489
Investment €0
Financing €0
Cash 2024 €18,055
Net result for the year -€4,647
Depreciation +€9,532
Receivables within one year +€38
Smaller working-capital items -€20
Trade debts +€606
Other debts -€5,999
Cash 2025 €17,566
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €228,295 €218,251 -€10,044 -4.4%
Fixed assets 21/28 €209,857 €200,325 -€9,532 -4.5%
Tangible fixed assets 22/27 €209,857 €200,325 -€9,532 -4.5%
Land and buildings 22 €207,023 €198,356 -€8,667 -4.2%
Plant, machinery and equipment 23 €1,595 €730 -€865 -54.2%
Furniture and vehicles 24 €0 €0 =
Other tangible fixed assets 26 €1,239 €1,239 = 0.0%
Current assets 29/58 €18,438 €17,926 -€513 -2.8%
Amounts receivable within one year 40/41 €38 - -€38
Trade receivables 40 €38 - -€38
Cash at bank and in hand 54/58 €18,055 €17,566 -€489 -2.7%
Deferred charges and accrued income 490/1 €345 €360 +€15 +4.4%
Total equity and liabilities 10/49 €228,295 €218,251 -€10,044 -4.4%
Equity 10/15 €175,978 €171,331 -€4,647 -2.6%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Revaluation surpluses 12 €200,200 €191,533 -€8,667 -4.3%
Reserves 13 €64,158 €72,824 +€8,667 +13.5%
Distributable reserves 133 €64,158 €72,824 +€8,667 +13.5%
Profit (loss) carried forward 14 -€150,380 -€155,027 -€4,647 -3.1%
Amounts payable 17/49 €52,318 €46,920 -€5,397 -10.3%
Amounts payable within one year 42/48 €51,296 €45,903 -€5,393 -10.5%
Trade debts 44 €1,052 €1,658 +€606 +57.6%
Suppliers 440/4 €1,052 €1,658 +€606 +57.6%
Other amounts payable 47/48 €50,243 €44,245 -€5,999 -11.9%
Accrued charges and deferred income 492/3 €1,022 €1,017 -€5 -0.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,532 €9,532 = 0.0%
Other operating charges 640/8 €2,559 €2,631 +€72 +2.8%
Gross operating margin 9900 €10,778 €10,317 -€462 -4.3%
Operating profit (loss) 9901 -€1,312 -€1,846 -€534 -40.7%
Financial charges 65/66B €3,110 €2,801 -€309 -9.9%
Recurring financial charges 65 €3,110 €2,801 -€309 -9.9%
Profit (loss) for the period before taxes 9903 -€4,422 -€4,647 -€225 -5.1%
Profit (loss) for the period 9904 -€4,422 -€4,647 -€225 -5.1%
Profit (loss) for the period to be appropriated 9905 -€4,422 -€4,647 -€225 -5.1%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.