GUOS: 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.
GUOS
Largest movements
- Cash -€48,724
down €48,724 (-67.8%), from €71,842 to €23,118
mainly Contributions, distributions and other (-€86,000) and Current investments (-€40,000)
- Current investments +€40,000
up €40,000 (+1642.2%), from €2,436 to €42,436
- Receivables within one year +€4,080
up €4,080 (+36.8%), from €11,085 to €15,165
of which Trade receivables: +€4,265
- Tangible fixed assets -€3,079
down €3,079 (-53.8%), from €5,722 to €2,643
of which Plant, machinery and equipment: -€2,594
- Other debts +€19,201
up €19,201 (+42.0%), from €45,737 to €64,938
- Tax, wage and social debts -€15,166
down €15,166 (-58.3%), from €26,033 to €10,868
- Profit (loss) carried forward -€11,367
down €11,367 (-69.9%), from €16,267 to €4,900
- Gross operating margin +€7,989
up €7,989 (+8.9%), from €90,244 to €98,232
- Financial income -€2,635
down €2,635 (-79.9%), from €3,297 to €663
- Taxes +€1,023
up €1,023 (+5.7%), from €17,913 to €18,936
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,085 | €83,983 | -€7,102 | -7.8% |
| Fixed assets | 21/28 | €5,722 | €2,643 | -€3,079 | -53.8% |
| Tangible fixed assets | 22/27 | €5,722 | €2,643 | -€3,079 | -53.8% |
| Plant, machinery and equipment | 23 | €5,237 | €2,643 | -€2,594 | -49.5% |
| Furniture and vehicles | 24 | €484 | €0 | -€484 | -100.0% |
| Current assets | 29/58 | €85,363 | €81,340 | -€4,023 | -4.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €11,085 | €15,165 | +€4,080 | +36.8% |
| Trade receivables | 40 | €10,900 | €15,165 | +€4,265 | +39.1% |
| Other amounts receivable | 41 | €185 | €0 | -€185 | -100.0% |
| Current investments | 50/53 | €2,436 | €42,436 | +€40,000 | +1642.2% |
| Cash at bank and in hand | 54/58 | €71,842 | €23,118 | -€48,724 | -67.8% |
| Deferred charges and accrued income | 490/1 | - | €621 | +€621 | |
| Total equity and liabilities | 10/49 | €91,085 | €83,983 | -€7,102 | -7.8% |
| Equity | 10/15 | €16,367 | €5,000 | -€11,367 | -69.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,267 | €4,900 | -€11,367 | -69.9% |
| Amounts payable | 17/49 | €74,717 | €78,982 | +€4,265 | +5.7% |
| Amounts payable within one year | 42/48 | €74,717 | €78,982 | +€4,265 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,947 | €3,177 | +€230 | +7.8% |
| Suppliers | 440/4 | €2,947 | €3,177 | +€230 | +7.8% |
| Taxes, remuneration and social security | 45 | €26,033 | €10,868 | -€15,166 | -58.3% |
| Taxes | 450/3 | €26,033 | €10,868 | -€15,166 | -58.3% |
| Other amounts payable | 47/48 | €45,737 | €64,938 | +€19,201 | +42.0% |
| Non-recurring operating income | 76A | €3,180 | €0 | -€3,180 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,799 | €3,079 | +€280 | +10.0% |
| Other operating charges | 640/8 | €992 | €919 | -€73 | -7.3% |
| Gross operating margin | 9900 | €90,244 | €98,232 | +€7,989 | +8.9% |
| Operating profit (loss) | 9901 | €86,453 | €94,235 | +€7,782 | +9.0% |
| Financial income | 75/76B | €3,297 | €663 | -€2,635 | -79.9% |
| Recurring financial income | 75 | €3,297 | €663 | -€2,635 | -79.9% |
| Financial charges | 65/66B | €1,295 | €1,329 | +€33 | +2.6% |
| Recurring financial charges | 65 | €1,295 | €1,329 | +€33 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €88,455 | €93,569 | +€5,114 | +5.8% |
| Income taxes | 67/77 | €17,913 | €18,936 | +€1,023 | +5.7% |
| Profit (loss) for the period | 9904 | €70,543 | €74,633 | +€4,091 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,543 | €74,633 | +€4,091 | +5.8% |
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 10 October 2026 via checked.be.