Gunyco: 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.
Gunyco
Largest movements
- Cash +€9,312
up €9,312 (+68.0%), from €13,694 to €23,006
mainly Net result for the year (+€8,127) and Trade debts (+€3,520)
- Tangible fixed assets -€1,600
down €1,600 (-9.6%), from €16,622 to €15,023
of which Other tangible fixed assets: -€2,282
- Reserves +€7,294
up €7,294 (+12.6%), from €57,681 to €64,975
- Other debts -€4,315
down €4,315 (-16.9%), from €25,579 to €21,264
- Trade debts +€3,520
up €3,520 (+180%), from €1,957 to €5,477
- Tax, wage and social debts +€2,037
up €2,037 (+121%), from €1,680 to €3,717
- Gross operating margin +€8,830
up €8,830 (+109%), from €8,108 to €16,938
- Taxes +€3,113
up €3,113 (+619%), from €503 to €3,616
- Financial charges -€381
down €381 (-17.3%), from €2,202 to €1,821
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 | €105,497 | €114,132 | +€8,635 | +8.2% |
| Fixed assets | 21/28 | €16,622 | €15,023 | -€1,600 | -9.6% |
| Tangible fixed assets | 22/27 | €16,622 | €15,023 | -€1,600 | -9.6% |
| Plant, machinery and equipment | 23 | €298 | €980 | +€683 | +230% |
| Other tangible fixed assets | 26 | €16,325 | €14,042 | -€2,282 | -14.0% |
| Current assets | 29/58 | €88,874 | €99,109 | +€10,234 | +11.5% |
| Stocks and contracts in progress | 3 | €12,589 | €12,595 | +€6 | 0.0% |
| Stocks | 30/36 | €12,589 | €12,595 | +€6 | 0.0% |
| Amounts receivable within one year | 40/41 | €1,683 | €2,252 | +€569 | +33.8% |
| Trade receivables | 40 | €1,043 | €1,607 | +€564 | +54.1% |
| Other amounts receivable | 41 | €640 | €645 | +€5 | +0.8% |
| Current investments | 50/53 | €60,182 | €60,435 | +€253 | +0.4% |
| Cash at bank and in hand | 54/58 | €13,694 | €23,006 | +€9,312 | +68.0% |
| Deferred charges and accrued income | 490/1 | €727 | €822 | +€95 | +13.1% |
| Total equity and liabilities | 10/49 | €105,497 | €114,132 | +€8,635 | +8.2% |
| Equity | 10/15 | €76,281 | €83,575 | +€7,294 | +9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,681 | €64,975 | +€7,294 | +12.6% |
| Distributable reserves | 133 | €57,681 | €64,975 | +€7,294 | +12.6% |
| Amounts payable | 17/49 | €29,216 | €30,557 | +€1,341 | +4.6% |
| Amounts payable within one year | 42/48 | €29,216 | €30,557 | +€1,341 | +4.6% |
| Trade debts | 44 | €1,957 | €5,477 | +€3,520 | +180% |
| Suppliers | 440/4 | €1,957 | €5,477 | +€3,520 | +180% |
| Advances received on contracts in progress | 46 | - | €99 | +€99 | |
| Taxes, remuneration and social security | 45 | €1,680 | €3,717 | +€2,037 | +121% |
| Taxes | 450/3 | €1,680 | €3,717 | +€2,037 | +121% |
| Other amounts payable | 47/48 | €25,579 | €21,264 | -€4,315 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,654 | €2,587 | -€67 | -2.5% |
| Other operating charges | 640/8 | €1,040 | €1,147 | +€108 | +10.3% |
| Gross operating margin | 9900 | €8,108 | €16,938 | +€8,830 | +109% |
| Operating profit (loss) | 9901 | €4,415 | €13,203 | +€8,789 | +199% |
| Financial income | 75/76B | €424 | €361 | -€63 | -14.8% |
| Recurring financial income | 75 | €424 | €361 | -€63 | -14.8% |
| Financial charges | 65/66B | €2,202 | €1,821 | -€381 | -17.3% |
| Recurring financial charges | 65 | €2,202 | €1,821 | -€381 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €2,637 | €11,743 | +€9,106 | +345% |
| Income taxes | 67/77 | €503 | €3,616 | +€3,113 | +619% |
| Profit (loss) for the period | 9904 | €2,134 | €8,127 | +€5,993 | +281% |
| Profit (loss) for the period to be appropriated | 9905 | €2,134 | €8,127 | +€5,993 | +281% |
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 16 October 2026 via checked.be.