GUSTAER: what changed
Two fiscal 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.
GUSTAER
Largest movements
- Cash -€20,583
down €20,583 (-19.7%), from €104,477 to €83,894
mainly Tax, wage and social debts (-€14,588) and Net result for the year (-€4,322)
- Tax, wage and social debts -€14,588
down €14,588 (-100.0%), from €14,588 to €0
- Profit (loss) carried forward -€4,322
down €4,322 (-1.7%), from €260,540 to €256,218
- Short-term financial debts -€4,178
down €4,178 (-100.0%), from €4,178 to €0
- Financial charges -€48,694
down €48,694 (-96.0%), from €50,712 to €2,018
- Gross operating margin -€31,519
down €31,519, from €28,515 to -€3,004
- Financial income +€500
up €500 (+83.3%), from €600 to €1,100
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 | €359,306 | €336,218 | -€23,088 | -6.4% |
| Current assets | 29/58 | €359,306 | €336,218 | -€23,088 | -6.4% |
| Stocks and contracts in progress | 3 | €169,642 | €167,137 | -€2,505 | -1.5% |
| Stocks | 30/36 | €169,642 | €167,137 | -€2,505 | -1.5% |
| Amounts receivable within one year | 40/41 | €84,588 | €84,588 | = | 0.0% |
| Other amounts receivable | 41 | €84,588 | €84,588 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €104,477 | €83,894 | -€20,583 | -19.7% |
| Deferred charges and accrued income | 490/1 | €600 | €600 | = | 0.0% |
| Total equity and liabilities | 10/49 | €359,306 | €336,218 | -€23,088 | -6.4% |
| Equity | 10/15 | €340,540 | €336,218 | -€4,322 | -1.3% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €260,540 | €256,218 | -€4,322 | -1.7% |
| Amounts payable | 17/49 | €18,766 | €0 | -€18,766 | -100.0% |
| Amounts payable within one year | 42/48 | €18,766 | €0 | -€18,766 | -100.0% |
| Financial debts | 43 | €4,178 | €0 | -€4,178 | -100.0% |
| Credit institutions | 430/8 | €4,178 | €0 | -€4,178 | -100.0% |
| Taxes, remuneration and social security | 45 | €14,588 | €0 | -€14,588 | -100.0% |
| Taxes | 450/3 | €14,588 | €0 | -€14,588 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €28,515 | -€3,004 | -€31,519 | |
| Operating profit (loss) | 9901 | €28,128 | -€3,404 | -€31,532 | |
| Financial income | 75/76B | €600 | €1,100 | +€500 | +83.3% |
| Recurring financial income | 75 | €600 | €1,100 | +€500 | +83.3% |
| Financial charges | 65/66B | €50,712 | €2,018 | -€48,694 | -96.0% |
| Recurring financial charges | 65 | €50,712 | €2,018 | -€48,694 | -96.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,984 | -€4,322 | +€17,662 | +80.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€21,984 | -€4,322 | +€17,662 | +80.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,984 | -€4,322 | +€17,662 | +80.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.