GUNEYLI 21: what changed
GUNEYLI 21
Largest movements
- Cash +€1,628
up €1,628 (+62.4%), from €2,609 to €4,237
mainly Depreciation (+€1,682) and Stocks and contracts (+€1,414)
- Intangible fixed assets -€1,500
down €1,500 (-20.7%), from €7,250 to €5,750
- Stocks and contracts -€1,414
down €1,414 (-48.0%), from €2,943 to €1,529
- Tangible fixed assets -€182
no longer reported in 2025 (was €182)
- Trade debts -€2,214
down €2,214 (-31.4%), from €7,058 to €4,843
- Tax, wage and social debts +€429
up €429 (+106%), from €404 to €833
- Profit (loss) carried forward +€329
up €329 (+7.3%), from -€4,489 to -€4,160
- Gross operating margin +€19,623
up €19,623, from -€15,312 to €4,311
- Depreciation -€241
down €241 (-12.5%), from €1,923 to €1,682
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,985 | €11,516 | -€1,469 | -11.3% |
| Fixed assets | 21/28 | €7,432 | €5,750 | -€1,682 | -22.6% |
| Intangible fixed assets | 21 | €7,250 | €5,750 | -€1,500 | -20.7% |
| Tangible fixed assets | 22/27 | €182 | - | -€182 | |
| Furniture and vehicles | 24 | €182 | - | -€182 | |
| Current assets | 29/58 | €5,552 | €5,766 | +€214 | +3.8% |
| Stocks and contracts in progress | 3 | €2,943 | €1,529 | -€1,414 | -48.0% |
| Stocks | 30/36 | €2,943 | €1,529 | -€1,414 | -48.0% |
| Cash at bank and in hand | 54/58 | €2,609 | €4,237 | +€1,628 | +62.4% |
| Total equity and liabilities | 10/49 | €12,985 | €11,516 | -€1,469 | -11.3% |
| Equity | 10/15 | €5,511 | €5,840 | +€329 | +6.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,489 | -€4,160 | +€329 | +7.3% |
| Amounts payable | 17/49 | €7,474 | €5,676 | -€1,798 | -24.1% |
| Amounts payable within one year | 42/48 | €7,474 | €5,676 | -€1,798 | -24.1% |
| Trade debts | 44 | €7,058 | €4,843 | -€2,214 | -31.4% |
| Suppliers | 440/4 | €7,058 | €4,843 | -€2,214 | -31.4% |
| Taxes, remuneration and social security | 45 | €404 | €833 | +€429 | +106% |
| Taxes | 450/3 | €404 | €833 | +€429 | +106% |
| Other amounts payable | 47/48 | €12 | - | -€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,923 | €1,682 | -€241 | -12.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€15,312 | €4,311 | +€19,623 | |
| Operating profit (loss) | 9901 | -€17,623 | €2,229 | +€19,852 | |
| Financial charges | 65/66B | €1,898 | €1,900 | +€2 | +0.1% |
| Recurring financial charges | 65 | €1,898 | €1,900 | +€2 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,521 | €329 | +€19,850 | |
| Profit (loss) for the period | 9904 | -€19,521 | €329 | +€19,850 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,521 | €329 | +€19,850 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.