GUNES: 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.
GUNES
Largest movements
- Receivables within one year +€66,360
up €66,360 (+66.3%), from €100,034 to €166,394
of which Other amounts receivable: +€70,899
- Cash -€54,313
down €54,313 (-67.4%), from €80,525 to €26,212
mainly Trade debts (-€66,634) and Receivables within one year (-€66,360)
- Tangible fixed assets -€41,442
down €41,442 (-36.4%), from €113,888 to €72,446
of which Plant, machinery and equipment: -€24,221
- Deferred charges and accrued income -€8,232
no longer reported in 2024 (was €8,232)
- Stocks and contracts -€3,861
down €3,861 (-12.4%), from €31,189 to €27,329
- Trade debts -€66,634
down €66,634 (-90.5%), from €73,630 to €6,997
- Debts after one year +€20,433
up €20,433 (+53.2%), from €38,404 to €58,837
- Profit (loss) carried forward +€9,372
new in 2024: €9,372
- Current portion of long-term debt -€6,746
down €6,746 (-25.1%), from €26,833 to €20,087
- Turnover -€773,371
no longer reported in 2024 (was €773,371)
- Purchases and services -€573,424
no longer reported in 2024 (was €573,424)
- Gross operating margin +€35,113
up €35,113 (+15.9%), from €220,840 to €255,954
- Staff costs +€33,150
up €33,150 (+22.4%), from €147,799 to €180,948
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,998 | €292,509 | -€41,488 | -12.4% |
| Fixed assets | 21/28 | €114,017 | €72,575 | -€41,442 | -36.3% |
| Tangible fixed assets | 22/27 | €113,888 | €72,446 | -€41,442 | -36.4% |
| Plant, machinery and equipment | 23 | €24,221 | - | -€24,221 | |
| Furniture and vehicles | 24 | €89,667 | €72,446 | -€17,221 | -19.2% |
| Financial fixed assets | 28 | €129 | €129 | = | 0.0% |
| Current assets | 29/58 | €219,981 | €219,935 | -€46 | 0.0% |
| Stocks and contracts in progress | 3 | €31,189 | €27,329 | -€3,861 | -12.4% |
| Stocks | 30/36 | €31,189 | €27,329 | -€3,861 | -12.4% |
| Amounts receivable within one year | 40/41 | €100,034 | €166,394 | +€66,360 | +66.3% |
| Trade receivables | 40 | €15,978 | €11,438 | -€4,540 | -28.4% |
| Other amounts receivable | 41 | €84,057 | €154,956 | +€70,899 | +84.3% |
| Cash at bank and in hand | 54/58 | €80,525 | €26,212 | -€54,313 | -67.4% |
| Deferred charges and accrued income | 490/1 | €8,232 | - | -€8,232 | |
| Total equity and liabilities | 10/49 | €333,998 | €292,509 | -€41,488 | -12.4% |
| Equity | 10/15 | €152,050 | €161,422 | +€9,372 | +6.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | - | -€20,000 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €132,050 | €132,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Distributable reserves | 133 | €130,050 | €130,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €9,372 | +€9,372 | |
| Amounts payable | 17/49 | €181,948 | €131,088 | -€50,860 | -28.0% |
| Amounts payable after more than one year | 17 | €38,404 | €58,837 | +€20,433 | +53.2% |
| Financial debts | 170/4 | €38,404 | €58,837 | +€20,433 | +53.2% |
| Amounts payable within one year | 42/48 | €143,544 | €72,251 | -€71,293 | -49.7% |
| Current portion of amounts payable after more than one year | 42 | €26,833 | €20,087 | -€6,746 | -25.1% |
| Trade debts | 44 | €73,630 | €6,997 | -€66,634 | -90.5% |
| Suppliers | 440/4 | €73,630 | €6,997 | -€66,634 | -90.5% |
| Taxes, remuneration and social security | 45 | €43,081 | €45,167 | +€2,087 | +4.8% |
| Taxes | 450/3 | €11,318 | €19,625 | +€8,307 | +73.4% |
| Remuneration and social security | 454/9 | €31,763 | €25,542 | -€6,220 | -19.6% |
| Turnover | 70 | €773,371 | - | -€773,371 | |
| Non-recurring operating income | 76A | €20,893 | - | -€20,893 | |
| Goods, raw materials, services and sundry goods | 60/61 | €573,424 | - | -€573,424 | |
| Remuneration, social security and pensions | 62 | €147,799 | €180,948 | +€33,150 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,397 | €48,325 | -€7,072 | -12.8% |
| Other operating charges | 640/8 | €2,211 | €5,726 | +€3,515 | +159% |
| Non-recurring operating charges | 66A | €18,396 | - | -€18,396 | |
| Gross operating margin | 9900 | €220,840 | €255,954 | +€35,113 | +15.9% |
| Operating profit (loss) | 9901 | -€2,963 | €20,954 | +€23,916 | |
| Financial income | 75/76B | €3,447 | €3 | -€3,443 | -99.9% |
| Recurring financial income | 75 | €3,447 | €3 | -€3,443 | -99.9% |
| Financial charges | 65/66B | €5,136 | €4,993 | -€143 | -2.8% |
| Recurring financial charges | 65 | €2,277 | €4,993 | +€2,716 | +119% |
| Non-recurring financial charges | 66B | €2,858 | - | -€2,858 | |
| Profit (loss) for the period before taxes | 9903 | -€4,651 | €15,964 | +€20,616 | |
| Income taxes | 67/77 | €879 | €6,592 | +€5,714 | +650% |
| Profit (loss) for the period | 9904 | -€5,530 | €9,372 | +€14,902 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,530 | €9,372 | +€14,902 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.