GURU PLASTICS: 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.
What changed
GURU PLASTICS
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€107,106
2023 · €24,228-€131,334
Equity
€184,534
2023 · €295,391-€110,856
Cash
€0
2023 · €12,921-€12,921
Balance sheet total
€2.7m
2023 · €1.3m+€1.4m
Largest movements
Assets
- Tangible fixed assets +€1.4m
up €1.4m (+136%), from €1.0m to €2.5m
of which Land and buildings: +€1.4m
Equity and liabilities
- Debts after one year +€1.3m
up €1.3m (+255%), from €518,140 to €1.8m
- Profit (loss) carried forward -€110,856
down €110,856, from €891 to -€109,966
- Short-term financial debts +€57,177
up €57,177 (+72.4%), from €79,026 to €136,204
of which Other loans: +€132,177
- Trade debts +€48,740
up €48,740 (+58.0%), from €84,071 to €132,811
- Tax, wage and social debts +€33,895
up €33,895 (+67.3%), from €50,328 to €84,222
of which Taxes: +€21,873
Income statement
- Depreciation +€91,878
up €91,878 (+126%), from €73,024 to €164,902
- Gross operating margin +€63,055
up €63,055 (+21.0%), from €300,320 to €363,375
- Financial charges +€60,854
up €60,854 (+254%), from €23,976 to €84,830
- Staff costs +€40,519
up €40,519 (+23.2%), from €174,660 to €215,178
From the 2023 result to the 2024 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 2023
€24,228
Gross operating margin
+€63,055
Staff costs
-€40,519
Depreciation
-€91,878
Other operating charges
-€3,293
Financial income
-€130
Financial charges
-€60,854
Taxes
+€2,284
Result 2024
-€107,106
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€176,215
Investment
-€1.6m
Financing
+€1.4m
Cash 2023
€12,921
From operations (derived)
+€176,215
Net result for the year
-€107,106
Depreciation
+€164,902
Receivables within one year
-€8,132
Deferred charges and accrued income
-€302
Trade debts
+€48,740
Tax, wage and social debts
+€33,895
Other debts
+€26,223
Accrued charges and deferred income
+€17,995
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€1.6m
Current investments
-€845
Financing
+€1.4m
Debts after one year
+€1.3m
Current portion of long-term debt
+€19,418
Short-term financial debts
+€57,177
Contributions, distributions and other
-€3,750
Cash 2024
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,313,744 | €2,728,608 | +€1.4m | +108% |
| Fixed assets | 21/28 | €1,042,879 | €2,461,385 | +€1.4m | +136% |
| Tangible fixed assets | 22/27 | €1,042,813 | €2,461,319 | +€1.4m | +136% |
| Land and buildings | 22 | €464,949 | €1,840,431 | +€1.4m | +296% |
| Plant, machinery and equipment | 23 | €474,571 | €459,552 | -€15,019 | -3.2% |
| Furniture and vehicles | 24 | €31,996 | €24,319 | -€7,677 | -24.0% |
| Leasing and similar rights | 25 | €71,298 | €137,018 | +€65,720 | +92.2% |
| Financial fixed assets | 28 | €66 | €66 | = | 0.0% |
| Current assets | 29/58 | €270,865 | €267,223 | -€3,642 | -1.3% |
| Stocks and contracts in progress | 3 | €140,592 | €140,592 | = | 0.0% |
| Stocks | 30/36 | €140,592 | €140,592 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €114,796 | €122,928 | +€8,132 | +7.1% |
| Trade receivables | 40 | €114,796 | €122,831 | +€8,035 | +7.0% |
| Other amounts receivable | 41 | - | €97 | +€97 | |
| Current investments | 50/53 | - | €845 | +€845 | |
| Cash at bank and in hand | 54/58 | €12,921 | €0 | -€12,921 | -100% |
| Deferred charges and accrued income | 490/1 | €2,556 | €2,858 | +€302 | +11.8% |
| Total equity and liabilities | 10/49 | €1,313,744 | €2,728,608 | +€1.4m | +108% |
| Equity | 10/15 | €295,391 | €184,534 | -€110,856 | -37.5% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €267,000 | €267,000 | = | 0.0% |
| Distributable reserves | 133 | €267,000 | €267,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €891 | -€109,966 | -€110,856 | |
| Amounts payable | 17/49 | €1,018,353 | €2,544,074 | +€1.5m | +150% |
| Amounts payable after more than one year | 17 | €518,140 | €1,840,413 | +€1.3m | +255% |
| Financial debts | 170/4 | €518,140 | €1,840,413 | +€1.3m | +255% |
| Amounts payable within one year | 42/48 | €492,432 | €677,885 | +€185,453 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €124,753 | €144,170 | +€19,418 | +15.6% |
| Financial debts | 43 | €79,026 | €136,204 | +€57,177 | +72.4% |
| Credit institutions | 430/8 | €75,000 | - | -€75,000 | |
| Other loans | 439 | €4,026 | €136,204 | +€132,177 | +3,283% |
| Trade debts | 44 | €84,071 | €132,811 | +€48,740 | +58.0% |
| Suppliers | 440/4 | €84,071 | €132,811 | +€48,740 | +58.0% |
| Taxes, remuneration and social security | 45 | €50,328 | €84,222 | +€33,895 | +67.3% |
| Taxes | 450/3 | €24,353 | €46,226 | +€21,873 | +89.8% |
| Remuneration and social security | 454/9 | €25,975 | €37,997 | +€12,022 | +46.3% |
| Other amounts payable | 47/48 | €154,254 | €180,477 | +€26,223 | +17.0% |
| Accrued charges and deferred income | 492/3 | €7,782 | €25,777 | +€17,995 | +231% |
| Remuneration, social security and pensions | 62 | €174,660 | €215,178 | +€40,519 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,024 | €164,902 | +€91,878 | +126% |
| Other operating charges | 640/8 | €2,433 | €5,726 | +€3,293 | +135% |
| Gross operating margin | 9900 | €300,320 | €363,375 | +€63,055 | +21.0% |
| Operating profit (loss) | 9901 | €50,203 | -€22,431 | -€72,634 | |
| Financial income | 75/76B | €130 | €0 | -€130 | -100.0% |
| Recurring financial income | 75 | €130 | €0 | -€130 | -100.0% |
| Financial charges | 65/66B | €23,976 | €84,830 | +€60,854 | +254% |
| Recurring financial charges | 65 | €23,976 | €84,830 | +€60,854 | +254% |
| Profit (loss) for the period before taxes | 9903 | €26,357 | -€107,261 | -€133,618 | |
| Income taxes | 67/77 | €2,129 | -€155 | -€2,284 | |
| Profit (loss) for the period | 9904 | €24,228 | -€107,106 | -€131,334 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,228 | -€107,106 | -€131,334 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.