Gunst: 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
Gunst
NACE 86.220, Specialist medical practice
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€25,436
2024 · €11,703+€13,733
Equity
€51,128
2024 · €27,410+€23,718
Cash
€16,906
2024 · €11,182+€5,724
Balance sheet total
€1.0m
2024 · €1.0m-€40,336
Largest movements
Assets
- Tangible fixed assets -€53,105
down €53,105 (-5.4%), from €978,252 to €925,148
of which Land and buildings: -€34,985
Equity and liabilities
- Debts after one year -€59,185
down €59,185 (-6.3%), from €942,577 to €883,392
- Reserves +€23,718
up €23,718 (+269.2%), from €8,810 to €32,528
Income statement
- Gross operating margin +€13,571
up €13,571 (+13.1%), from €103,616 to €117,187
- Financial charges -€2,006
down €2,006 (-6.0%), from €33,311 to €31,305
- Depreciation +€1,644
up €1,644 (+3.2%), from €51,461 to €53,105
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.
Result 2024
€11,703
Gross operating margin
+€13,571
Depreciation
-€1,644
Other operating charges
-€160
Financial charges
+€2,006
Taxes
-€40
Result 2025
€25,436
Cash bridge derived
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
+€64,529
Investment
€0
Financing
-€58,806
Cash 2024
€11,182
From operations (derived)
+€64,529
Net result for the year
+€25,436
Depreciation
+€53,105
Receivables after one year
-€2,500
Receivables within one year
-€1,382
Deferred charges and accrued income
-€3,162
Trade debts
+€535
Tax, wage and social debts
-€2,259
Other debts
+€644
Accrued charges and deferred income
-€5,887
Financing
-€58,806
Debts after one year
-€59,185
Current portion of long-term debt
+€2,097
Contributions, distributions and other
-€1,718
Cash 2025
€16,906
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,045,023 | €1,004,687 | -€40,336 | -3.9% |
| Fixed assets | 21/28 | €978,252 | €925,148 | -€53,105 | -5.4% |
| Tangible fixed assets | 22/27 | €978,252 | €925,148 | -€53,105 | -5.4% |
| Land and buildings | 22 | €875,214 | €840,230 | -€34,985 | -4.0% |
| Plant, machinery and equipment | 23 | €99,911 | €83,540 | -€16,371 | -16.4% |
| Furniture and vehicles | 24 | €3,127 | €1,378 | -€1,749 | -55.9% |
| Current assets | 29/58 | €66,770 | €79,539 | +€12,769 | +19.1% |
| Amounts receivable after more than one year | 29 | €41,705 | €44,205 | +€2,500 | +6.0% |
| Other amounts receivable | 291 | €41,705 | €44,205 | +€2,500 | +6.0% |
| Amounts receivable within one year | 40/41 | €13,083 | €14,465 | +€1,382 | +10.6% |
| Trade receivables | 40 | €5,494 | €10,272 | +€4,778 | +87.0% |
| Other amounts receivable | 41 | €7,589 | €4,194 | -€3,395 | -44.7% |
| Cash at bank and in hand | 54/58 | €11,182 | €16,906 | +€5,724 | +51.2% |
| Deferred charges and accrued income | 490/1 | €800 | €3,962 | +€3,162 | +395.3% |
| Total equity and liabilities | 10/49 | €1,045,023 | €1,004,687 | -€40,336 | -3.9% |
| Equity | 10/15 | €27,410 | €51,128 | +€23,718 | +86.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,810 | €32,528 | +€23,718 | +269.2% |
| Distributable reserves | 133 | €8,810 | €32,528 | +€23,718 | +269.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,017,613 | €953,559 | -€64,054 | -6.3% |
| Amounts payable after more than one year | 17 | €942,577 | €883,392 | -€59,185 | -6.3% |
| Financial debts | 170/4 | €942,577 | €883,392 | -€59,185 | -6.3% |
| Amounts payable within one year | 42/48 | €67,344 | €68,361 | +€1,017 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €57,088 | €59,185 | +€2,097 | +3.7% |
| Trade debts | 44 | €3,190 | €3,725 | +€535 | +16.8% |
| Suppliers | 440/4 | €3,190 | €3,725 | +€535 | +16.8% |
| Taxes, remuneration and social security | 45 | €3,499 | €1,240 | -€2,259 | -64.6% |
| Taxes | 450/3 | €3,499 | €1,240 | -€2,259 | -64.6% |
| Other amounts payable | 47/48 | €3,568 | €4,212 | +€644 | +18.1% |
| Accrued charges and deferred income | 492/3 | €7,693 | €1,806 | -€5,887 | -76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,461 | €53,105 | +€1,644 | +3.2% |
| Other operating charges | 640/8 | €7,141 | €7,302 | +€160 | +2.2% |
| Gross operating margin | 9900 | €103,616 | €117,187 | +€13,571 | +13.1% |
| Operating profit (loss) | 9901 | €45,014 | €56,781 | +€11,767 | +26.1% |
| Financial charges | 65/66B | €33,311 | €31,305 | -€2,006 | -6.0% |
| Recurring financial charges | 65 | €33,311 | €31,305 | -€2,006 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €11,703 | €25,476 | +€13,773 | +117.7% |
| Income taxes | 67/77 | - | €40 | +€40 | |
| Profit (loss) for the period | 9904 | €11,703 | €25,436 | +€13,733 | +117.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,703 | €25,436 | +€13,733 | +117.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.