GuSi Build: 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.
GuSi Build
Largest movements
- Cash +€22,242
up €22,242 (+90.5%), from €24,587 to €46,829
mainly Net result for the year (+€15,837) and Tax, wage and social debts (+€5,939)
- Tangible fixed assets -€1,625
down €1,625 (-34.3%), from €4,740 to €3,115
- Receivables within one year -€765
down €765 (-11.6%), from €6,595 to €5,830
of which Trade receivables: -€1,193
- Deferred charges and accrued income +€650
new in 2025: €650
- Reserves +€15,837
up €15,837 (+77.6%), from €20,416 to €36,253
- Tax, wage and social debts +€5,939
up €5,939 (+83.2%), from €7,135 to €13,074
- Trade debts -€1,573
down €1,573 (-65.6%), from €2,397 to €824
- Gross operating margin +€3,693
up €3,693 (+18.0%), from €20,513 to €24,206
- Taxes +€905
up €905 (+18.0%), from €5,035 to €5,939
- Other operating charges +€344
up €344 (+101%), from €339 to €683
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 | €35,922 | €56,423 | +€20,501 | +57.1% |
| Fixed assets | 21/28 | €4,740 | €3,115 | -€1,625 | -34.3% |
| Tangible fixed assets | 22/27 | €4,740 | €3,115 | -€1,625 | -34.3% |
| Furniture and vehicles | 24 | €4,740 | €3,115 | -€1,625 | -34.3% |
| Current assets | 29/58 | €31,182 | €53,309 | +€22,126 | +71.0% |
| Amounts receivable within one year | 40/41 | €6,595 | €5,830 | -€765 | -11.6% |
| Trade receivables | 40 | €5,940 | €4,748 | -€1,193 | -20.1% |
| Other amounts receivable | 41 | €655 | €1,083 | +€427 | +65.2% |
| Cash at bank and in hand | 54/58 | €24,587 | €46,829 | +€22,242 | +90.5% |
| Deferred charges and accrued income | 490/1 | - | €650 | +€650 | |
| Total equity and liabilities | 10/49 | €35,922 | €56,423 | +€20,501 | +57.1% |
| Equity | 10/15 | €21,416 | €37,253 | +€15,837 | +74.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €20,416 | €36,253 | +€15,837 | +77.6% |
| Distributable reserves | 133 | €20,416 | €36,253 | +€15,837 | +77.6% |
| Amounts payable | 17/49 | €14,506 | €19,170 | +€4,664 | +32.2% |
| Amounts payable within one year | 42/48 | €14,506 | €19,170 | +€4,664 | +32.2% |
| Trade debts | 44 | €2,397 | €824 | -€1,573 | -65.6% |
| Suppliers | 440/4 | €2,397 | €824 | -€1,573 | -65.6% |
| Taxes, remuneration and social security | 45 | €7,135 | €13,074 | +€5,939 | +83.2% |
| Taxes | 450/3 | €7,135 | €13,074 | +€5,939 | +83.2% |
| Other amounts payable | 47/48 | €4,975 | €5,273 | +€298 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,625 | €1,625 | = | 0.0% |
| Other operating charges | 640/8 | €339 | €683 | +€344 | +101% |
| Gross operating margin | 9900 | €20,513 | €24,206 | +€3,693 | +18.0% |
| Operating profit (loss) | 9901 | €18,549 | €21,898 | +€3,349 | +18.1% |
| Financial income | 75/76B | €0 | €31 | +€31 | +309,300% |
| Recurring financial income | 75 | €0 | €31 | +€31 | +309,300% |
| Financial charges | 65/66B | €131 | €153 | +€22 | +16.5% |
| Recurring financial charges | 65 | €131 | €153 | +€22 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €18,418 | €21,776 | +€3,359 | +18.2% |
| Income taxes | 67/77 | €5,035 | €5,939 | +€905 | +18.0% |
| Profit (loss) for the period | 9904 | €13,383 | €15,837 | +€2,454 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,383 | €15,837 | +€2,454 | +18.3% |
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 20 October 2026 via checked.be.