GUSTI: 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.
GUSTI
Largest movements
- Tangible fixed assets -€10,464
down €10,464 (-33.8%), from €30,992 to €20,529
of which Furniture and vehicles: -€5,865
- Cash +€4,659
up €4,659 (+102.0%), from €4,569 to €9,228
mainly Depreciation (+€13,614) and Other debts (+€258)
- Intangible fixed assets -€3,150
down €3,150 (-13.4%), from €23,543 to €20,393
- Stocks and contracts +€2,779
up €2,779 (+741.1%), from €375 to €3,154
- Receivables within one year +€2,170
up €2,170 (+83.1%), from €2,612 to €4,782
of which Other amounts receivable: +€2,528
- Trade debts -€2,780
down €2,780 (-53.4%), from €5,209 to €2,430
- Profit (loss) carried forward -€1,585
down €1,585 (-2.6%), from €59,895 to €58,311
- Gross operating margin -€37,245
down €37,245 (-74.0%), from €50,298 to €13,053
- Taxes -€10,462
down €10,462 (-94.0%), from €11,125 to €663
- Depreciation +€4,823
up €4,823 (+54.9%), from €8,790 to €13,614
- Other operating charges -€841
down €841 (-62.9%), from €1,336 to €496
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,792 | €78,786 | -€4,006 | -4.8% |
| Fixed assets | 21/28 | €75,235 | €61,622 | -€13,614 | -18.1% |
| Intangible fixed assets | 21 | €23,543 | €20,393 | -€3,150 | -13.4% |
| Tangible fixed assets | 22/27 | €30,992 | €20,529 | -€10,464 | -33.8% |
| Plant, machinery and equipment | 23 | €12,477 | €8,216 | -€4,261 | -34.1% |
| Furniture and vehicles | 24 | €15,921 | €10,056 | -€5,865 | -36.8% |
| Other tangible fixed assets | 26 | €2,594 | €2,257 | -€337 | -13.0% |
| Financial fixed assets | 28 | €20,700 | €20,700 | = | 0.0% |
| Current assets | 29/58 | €7,557 | €17,165 | +€9,608 | +127.1% |
| Stocks and contracts in progress | 3 | €375 | €3,154 | +€2,779 | +741.1% |
| Stocks | 30/36 | €375 | €3,154 | +€2,779 | +741.1% |
| Amounts receivable within one year | 40/41 | €2,612 | €4,782 | +€2,170 | +83.1% |
| Trade receivables | 40 | €793 | €436 | -€357 | -45.1% |
| Other amounts receivable | 41 | €1,819 | €4,346 | +€2,528 | +139.0% |
| Cash at bank and in hand | 54/58 | €4,569 | €9,228 | +€4,659 | +102.0% |
| Total equity and liabilities | 10/49 | €82,792 | €78,786 | -€4,006 | -4.8% |
| Equity | 10/15 | €65,895 | €64,311 | -€1,585 | -2.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,895 | €58,311 | -€1,585 | -2.6% |
| Amounts payable | 17/49 | €16,897 | €14,476 | -€2,421 | -14.3% |
| Amounts payable within one year | 42/48 | €16,897 | €14,476 | -€2,421 | -14.3% |
| Trade debts | 44 | €5,209 | €2,430 | -€2,780 | -53.4% |
| Suppliers | 440/4 | €5,209 | €2,430 | -€2,780 | -53.4% |
| Taxes, remuneration and social security | 45 | €11,687 | €11,787 | +€100 | +0.9% |
| Taxes | 450/3 | €11,687 | €11,787 | +€100 | +0.9% |
| Other amounts payable | 47/48 | - | €258 | +€258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,790 | €13,614 | +€4,823 | +54.9% |
| Other operating charges | 640/8 | €1,336 | €496 | -€841 | -62.9% |
| Gross operating margin | 9900 | €50,298 | €13,053 | -€37,245 | -74.0% |
| Operating profit (loss) | 9901 | €40,172 | -€1,056 | -€41,228 | |
| Financial income | 75/76B | €519 | €487 | -€32 | -6.2% |
| Recurring financial income | 75 | €519 | €487 | -€32 | -6.2% |
| Financial charges | 65/66B | €720 | €353 | -€368 | -51.0% |
| Recurring financial charges | 65 | €720 | €353 | -€368 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €39,970 | -€922 | -€40,892 | |
| Income taxes | 67/77 | €11,125 | €663 | -€10,462 | -94.0% |
| Profit (loss) for the period | 9904 | €28,845 | -€1,585 | -€30,430 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,845 | -€1,585 | -€30,430 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.