GUSTO COMMUNICATIONS: 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.
GUSTO COMMUNICATIONS
Largest movements
- Cash -€25,308
down €25,308 (-34.4%), from €73,555 to €48,247
mainly Other debts (-€90,000) and Investment in fixed assets (net) (-€6,689)
- Receivables within one year -€7,582
down €7,582 (-19.3%), from €39,310 to €31,727
of which Trade receivables: -€7,205
- Tangible fixed assets +€5,155
up €5,155 (+53.8%), from €9,588 to €14,743
of which Land and buildings: +€3,480
- Other debts -€90,000
down €90,000 (-51.1%), from €176,044 to €86,044
- Profit (loss) carried forward +€52,840
up €52,840 (+76.2%), from -€69,299 to -€16,459
- Trade debts +€6,306
new in 2025: €6,306
- Accrued charges and deferred income +€4,052
new in 2025: €4,052
- Gross operating margin -€31,503
down €31,503 (-17.2%), from €182,779 to €151,276
- Other operating charges +€8,089
up €8,089 (+115,392%), from €7 to €8,096
- Financial charges +€3,403
up €3,403, from -€2,932 to €471
- Staff costs -€1,911
down €1,911 (-2.1%), from €90,312 to €88,401
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 | €129,271 | €101,595 | -€27,676 | -21.4% |
| Fixed assets | 21/28 | €14,588 | €19,743 | +€5,155 | +35.3% |
| Tangible fixed assets | 22/27 | €9,588 | €14,743 | +€5,155 | +53.8% |
| Land and buildings | 22 | - | €3,480 | +€3,480 | |
| Plant, machinery and equipment | 23 | €5,388 | €7,522 | +€2,134 | +39.6% |
| Furniture and vehicles | 24 | €4,200 | €3,741 | -€459 | -10.9% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €114,684 | €81,852 | -€32,832 | -28.6% |
| Amounts receivable within one year | 40/41 | €39,310 | €31,727 | -€7,582 | -19.3% |
| Trade receivables | 40 | €38,932 | €31,727 | -€7,205 | -18.5% |
| Other amounts receivable | 41 | €377 | - | -€377 | |
| Cash at bank and in hand | 54/58 | €73,555 | €48,247 | -€25,308 | -34.4% |
| Deferred charges and accrued income | 490/1 | €1,819 | €1,877 | +€58 | +3.2% |
| Total equity and liabilities | 10/49 | €129,271 | €101,595 | -€27,676 | -21.4% |
| Equity | 10/15 | -€61,223 | -€8,382 | +€52,840 | +86.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,876 | €1,876 | = | 0.0% |
| Tax-exempt reserves | 132 | €16 | €16 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,299 | -€16,459 | +€52,840 | +76.2% |
| Amounts payable | 17/49 | €190,494 | €109,977 | -€80,516 | -42.3% |
| Amounts payable within one year | 42/48 | €190,494 | €105,925 | -€84,568 | -44.4% |
| Trade debts | 44 | - | €6,306 | +€6,306 | |
| Suppliers | 440/4 | - | €6,306 | +€6,306 | |
| Taxes, remuneration and social security | 45 | €14,450 | €13,576 | -€874 | -6.0% |
| Taxes | 450/3 | €3,314 | €7,177 | +€3,863 | +117% |
| Remuneration and social security | 454/9 | €11,136 | €6,399 | -€4,737 | -42.5% |
| Other amounts payable | 47/48 | €176,044 | €86,044 | -€90,000 | -51.1% |
| Accrued charges and deferred income | 492/3 | - | €4,052 | +€4,052 | |
| Remuneration, social security and pensions | 62 | €90,312 | €88,401 | -€1,911 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €874 | €1,534 | +€659 | +75.4% |
| Other operating charges | 640/8 | €7 | €8,096 | +€8,089 | +115,392% |
| Gross operating margin | 9900 | €182,779 | €151,276 | -€31,503 | -17.2% |
| Operating profit (loss) | 9901 | €91,586 | €53,245 | -€38,341 | -41.9% |
| Financial income | 75/76B | €114 | €66 | -€47 | -41.6% |
| Recurring financial income | 75 | €114 | €66 | -€47 | -41.6% |
| Financial charges | 65/66B | -€2,932 | €471 | +€3,403 | |
| Recurring financial charges | 65 | -€2,932 | €471 | +€3,403 | |
| Profit (loss) for the period before taxes | 9903 | €94,631 | €52,840 | -€41,791 | -44.2% |
| Profit (loss) for the period | 9904 | €94,631 | €52,840 | -€41,791 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €94,631 | €52,840 | -€41,791 | -44.2% |
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 26 October 2026 via checked.be.