GURJEET: what changed
GURJEET
Largest movements
- Stocks and contracts +€18,000
up €18,000 (+45.0%), from €40,000 to €58,000
- Tangible fixed assets -€5,303
down €5,303 (-34.2%), from €15,487 to €10,185
of which Furniture and vehicles: -€5,023
- Deferred charges and accrued income +€3,762
new in 2025: €3,762
- Cash +€3,159
up €3,159 (+2.7%), from €116,993 to €120,152
mainly Net result for the year (+€9,141) and Tax, wage and social debts (+€6,871)
- Profit (loss) carried forward +€9,141
up €9,141 (+5.2%), from €174,457 to €183,598
- Tax, wage and social debts +€6,871
up €6,871 (+77.0%), from €8,926 to €15,797
of which Remuneration and social security: +€10,000
- Trade debts +€5,457
up €5,457 (+15.9%), from €34,264 to €39,721
- Staff costs -€11,654
down €11,654 (-96.5%), from €12,072 to €418
- Depreciation +€2,077
up €2,077 (+64.4%), from €3,226 to €5,303
- Gross operating margin -€1,915
down €1,915 (-7.6%), from €25,344 to €23,429
- Other operating charges +€1,822
up €1,822 (+59.8%), from €3,046 to €4,868
- Taxes +€1,271
up €1,271 (+105%), from €1,207 to €2,478
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 | €233,557 | €254,987 | +€21,430 | +9.2% |
| Fixed assets | 21/28 | €16,987 | €13,185 | -€3,803 | -22.4% |
| Tangible fixed assets | 22/27 | €15,487 | €10,185 | -€5,303 | -34.2% |
| Plant, machinery and equipment | 23 | €1,281 | €1,001 | -€280 | -21.9% |
| Furniture and vehicles | 24 | €14,206 | €9,184 | -€5,023 | -35.4% |
| Financial fixed assets | 28 | €1,500 | €3,000 | +€1,500 | +100% |
| Current assets | 29/58 | €216,570 | €241,802 | +€25,232 | +11.7% |
| Stocks and contracts in progress | 3 | €40,000 | €58,000 | +€18,000 | +45.0% |
| Stocks | 30/36 | €40,000 | €58,000 | +€18,000 | +45.0% |
| Amounts receivable within one year | 40/41 | €59,576 | €59,888 | +€312 | +0.5% |
| Trade receivables | 40 | €45,861 | €47,218 | +€1,357 | +3.0% |
| Other amounts receivable | 41 | €13,715 | €12,670 | -€1,045 | -7.6% |
| Cash at bank and in hand | 54/58 | €116,993 | €120,152 | +€3,159 | +2.7% |
| Deferred charges and accrued income | 490/1 | - | €3,762 | +€3,762 | |
| Total equity and liabilities | 10/49 | €233,557 | €254,987 | +€21,430 | +9.2% |
| Equity | 10/15 | €182,517 | €191,658 | +€9,141 | +5.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,457 | €183,598 | +€9,141 | +5.2% |
| Amounts payable | 17/49 | €51,040 | €63,328 | +€12,289 | +24.1% |
| Amounts payable within one year | 42/48 | €51,040 | €63,328 | +€12,289 | +24.1% |
| Trade debts | 44 | €34,264 | €39,721 | +€5,457 | +15.9% |
| Suppliers | 440/4 | €34,264 | €39,721 | +€5,457 | +15.9% |
| Taxes, remuneration and social security | 45 | €8,926 | €15,797 | +€6,871 | +77.0% |
| Taxes | 450/3 | €7,926 | €4,797 | -€3,129 | -39.5% |
| Remuneration and social security | 454/9 | €1,000 | €11,000 | +€10,000 | +1,000% |
| Other amounts payable | 47/48 | €7,850 | €7,811 | -€39 | -0.5% |
| Remuneration, social security and pensions | 62 | €12,072 | €418 | -€11,654 | -96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,226 | €5,303 | +€2,077 | +64.4% |
| Other operating charges | 640/8 | €3,046 | €4,868 | +€1,822 | +59.8% |
| Gross operating margin | 9900 | €25,344 | €23,429 | -€1,915 | -7.6% |
| Operating profit (loss) | 9901 | €7,001 | €12,840 | +€5,840 | +83.4% |
| Financial income | 75/76B | €59 | €118 | +€59 | +99.7% |
| Recurring financial income | 75 | €59 | €118 | +€59 | +99.7% |
| Financial charges | 65/66B | €1,615 | €1,338 | -€277 | -17.1% |
| Recurring financial charges | 65 | €1,615 | €1,338 | -€277 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €5,445 | €11,620 | +€6,175 | +113% |
| Income taxes | 67/77 | €1,207 | €2,478 | +€1,271 | +105% |
| Profit (loss) for the period | 9904 | €4,238 | €9,141 | +€4,904 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €4,238 | €9,141 | +€4,904 | +116% |
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.