GustOdi: 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.
GustOdi
Largest movements
- Tangible fixed assets -€1,096
down €1,096 (-1.8%), from €62,322 to €61,227
- Cash -€993
down €993 (-5.5%), from €18,144 to €17,151
mainly Debts after one year (-€10,000)
- Debts after one year -€10,000
down €10,000 (-29.8%), from €33,600 to €23,600
of which Financial debts: -€10,000
- Profit (loss) carried forward +€6,214
up €6,214 (+57.2%), from €10,868 to €17,082
- Accrued charges and deferred income +€1,500
new in 2025: €1,500
- Financial charges -€1,374
down €1,374 (-67.9%), from €2,024 to €650
- Gross operating margin -€905
down €905 (-7.6%), from €11,976 to €11,071
- Other operating charges +€413
up €413 (+84.1%), from €491 to €904
- Taxes +€257
up €257 (+12.0%), from €2,148 to €2,405
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 | €81,666 | €79,578 | -€2,089 | -2.6% |
| Fixed assets | 21/28 | €62,322 | €61,227 | -€1,096 | -1.8% |
| Tangible fixed assets | 22/27 | €62,322 | €61,227 | -€1,096 | -1.8% |
| Land and buildings | 22 | €62,322 | €61,227 | -€1,096 | -1.8% |
| Current assets | 29/58 | €19,344 | €18,351 | -€993 | -5.1% |
| Cash at bank and in hand | 54/58 | €18,144 | €17,151 | -€993 | -5.5% |
| Deferred charges and accrued income | 490/1 | €1,200 | €1,200 | = | 0.0% |
| Total equity and liabilities | 10/49 | €81,666 | €79,578 | -€2,089 | -2.6% |
| Equity | 10/15 | €35,868 | €42,082 | +€6,214 | +17.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,868 | €17,082 | +€6,214 | +57.2% |
| Amounts payable | 17/49 | €45,798 | €37,496 | -€8,302 | -18.1% |
| Amounts payable after more than one year | 17 | €33,600 | €23,600 | -€10,000 | -29.8% |
| Financial debts | 170/4 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Other amounts payable | 178/9 | €3,600 | €3,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,198 | €12,396 | +€198 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,148 | €2,346 | +€198 | +9.2% |
| Taxes | 450/3 | €2,148 | €2,346 | +€198 | +9.2% |
| Other amounts payable | 47/48 | €50 | €50 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,096 | €1,096 | = | 0.0% |
| Other operating charges | 640/8 | €491 | €904 | +€413 | +84.1% |
| Gross operating margin | 9900 | €11,976 | €11,071 | -€905 | -7.6% |
| Operating profit (loss) | 9901 | €10,389 | €9,071 | -€1,318 | -12.7% |
| Financial income | 75/76B | €176 | €197 | +€21 | +12.1% |
| Recurring financial income | 75 | €176 | €197 | +€21 | +12.1% |
| Financial charges | 65/66B | €2,024 | €650 | -€1,374 | -67.9% |
| Recurring financial charges | 65 | €2,024 | €650 | -€1,374 | -67.9% |
| Profit (loss) for the period before taxes | 9903 | €8,542 | €8,618 | +€77 | +0.9% |
| Income taxes | 67/77 | €2,148 | €2,405 | +€257 | +12.0% |
| Profit (loss) for the period | 9904 | €6,394 | €6,214 | -€180 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,394 | €6,214 | -€180 | -2.8% |
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 12 October 2026 via checked.be.