GUPO avocat: what changed
GUPO avocat
Largest movements
- Receivables within one year -€69,874
down €69,874 (-34.8%), from €200,538 to €130,664
of which Trade receivables: -€74,376
- Tangible fixed assets +€24,841
up €24,841 (+472%), from €5,262 to €30,102
- Cash +€24,413
up €24,413 (+11.3%), from €216,228 to €240,641
mainly Other debts (+€270,705) and Receivables within one year (+€69,874)
- Reserves -€278,118
down €278,118 (-79.5%), from €350,000 to €71,882
- Other debts +€270,705
up €270,705 (+2,331%), from €11,613 to €282,318
- Tax, wage and social debts -€29,041
down €29,041 (-52.7%), from €55,080 to €26,039
- Trade debts +€15,635
new in 2025: €15,635
- Gross operating margin -€108,306
down €108,306 (-80.7%), from €134,252 to €25,947
- Taxes -€25,638
down €25,638 (-82.3%), from €31,136 to €5,498
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 | €428,027 | €408,279 | -€19,748 | -4.6% |
| Fixed assets | 21/28 | €11,262 | €36,102 | +€24,841 | +221% |
| Tangible fixed assets | 22/27 | €5,262 | €30,102 | +€24,841 | +472% |
| Furniture and vehicles | 24 | €5,262 | €30,102 | +€24,841 | +472% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €416,765 | €372,176 | -€44,589 | -10.7% |
| Amounts receivable within one year | 40/41 | €200,538 | €130,664 | -€69,874 | -34.8% |
| Trade receivables | 40 | €200,538 | €126,162 | -€74,376 | -37.1% |
| Other amounts receivable | 41 | - | €4,502 | +€4,502 | |
| Cash at bank and in hand | 54/58 | €216,228 | €240,641 | +€24,413 | +11.3% |
| Deferred charges and accrued income | 490/1 | - | €871 | +€871 | |
| Total equity and liabilities | 10/49 | €428,027 | €408,279 | -€19,748 | -4.6% |
| Equity | 10/15 | €361,095 | €83,679 | -€277,417 | -76.8% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Contributions outside capital | 11 | €11,000 | €11,000 | = | 0.0% |
| Other | 1109/19 | €11,000 | €11,000 | = | 0.0% |
| Reserves | 13 | €350,000 | €71,882 | -€278,118 | -79.5% |
| Distributable reserves | 133 | €350,000 | €71,882 | -€278,118 | -79.5% |
| Profit (loss) carried forward | 14 | €95 | €796 | +€701 | +736% |
| Amounts payable | 17/49 | €66,932 | €324,600 | +€257,668 | +385% |
| Amounts payable within one year | 42/48 | €66,932 | €324,600 | +€257,668 | +385% |
| Financial debts | 43 | €239 | €608 | +€369 | +155% |
| Credit institutions | 430/8 | €239 | €608 | +€369 | +155% |
| Trade debts | 44 | - | €15,635 | +€15,635 | |
| Suppliers | 440/4 | - | €15,635 | +€15,635 | |
| Taxes, remuneration and social security | 45 | €55,080 | €26,039 | -€29,041 | -52.7% |
| Taxes | 450/3 | €55,080 | €26,039 | -€29,041 | -52.7% |
| Other amounts payable | 47/48 | €11,613 | €282,318 | +€270,705 | +2,331% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,003 | €3,328 | +€1,325 | +66.2% |
| Gross operating margin | 9900 | €134,252 | €25,947 | -€108,306 | -80.7% |
| Operating profit (loss) | 9901 | €132,250 | €22,619 | -€109,631 | -82.9% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €106 | €420 | +€314 | +298% |
| Recurring financial charges | 65 | €106 | €420 | +€314 | +298% |
| Profit (loss) for the period before taxes | 9903 | €132,162 | €22,199 | -€109,963 | -83.2% |
| Income taxes | 67/77 | €31,136 | €5,498 | -€25,638 | -82.3% |
| Profit (loss) for the period | 9904 | €101,027 | €16,701 | -€84,326 | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,027 | €16,701 | -€84,326 | -83.5% |
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 1 November 2026 via checked.be.