GUT TIFFES: 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.
GUT TIFFES
Largest movements
- Tangible fixed assets -€5,723
down €5,723 (-22.0%), from €26,017 to €20,294
of which Furniture and vehicles: -€5,836
- Cash +€1,747
up €1,747 (+650%), from €269 to €2,015
mainly Depreciation (+€9,858) and Trade debts (+€949)
- Profit (loss) carried forward -€5,698
down €5,698 (-39.4%), from -€14,459 to -€20,157
- Trade debts +€949
up €949 (+15.1%), from €6,295 to €7,244
- Other debts +€598
up €598 (+1.7%), from €35,566 to €36,164
- Tax, wage and social debts +€468
up €468 (+40.5%), from €1,157 to €1,625
- Gross operating margin +€2,037
up €2,037 (+93.7%), from €2,173 to €4,210
- Depreciation -€732
down €732 (-6.9%), from €10,590 to €9,858
- Other operating charges -€260
no longer reported in 2025 (was €260)
- Staff costs -€185
no longer reported in 2025 (was €185)
- Financial charges -€76
down €76 (-53.5%), from €142 to €66
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 | €32,759 | €29,076 | -€3,682 | -11.2% |
| Fixed assets | 21/28 | €26,017 | €20,294 | -€5,723 | -22.0% |
| Tangible fixed assets | 22/27 | €26,017 | €20,294 | -€5,723 | -22.0% |
| Land and buildings | 22 | €14,789 | €15,561 | +€773 | +5.2% |
| Plant, machinery and equipment | 23 | €1,987 | €1,327 | -€660 | -33.2% |
| Furniture and vehicles | 24 | €9,242 | €3,406 | -€5,836 | -63.1% |
| Current assets | 29/58 | €6,741 | €8,782 | +€2,041 | +30.3% |
| Stocks and contracts in progress | 3 | €6,473 | €6,767 | +€294 | +4.5% |
| Stocks | 30/36 | €6,473 | €6,767 | +€294 | +4.5% |
| Cash at bank and in hand | 54/58 | €269 | €2,015 | +€1,747 | +650% |
| Total equity and liabilities | 10/49 | €32,759 | €29,076 | -€3,682 | -11.2% |
| Equity | 10/15 | -€11,459 | -€17,157 | -€5,698 | -49.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,459 | -€20,157 | -€5,698 | -39.4% |
| Amounts payable | 17/49 | €44,217 | €46,233 | +€2,016 | +4.6% |
| Amounts payable within one year | 42/48 | €44,217 | €46,233 | +€2,016 | +4.6% |
| Trade debts | 44 | €6,295 | €7,244 | +€949 | +15.1% |
| Suppliers | 440/4 | €6,295 | €7,244 | +€949 | +15.1% |
| Advances received on contracts in progress | 46 | €1,200 | €1,200 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,157 | €1,625 | +€468 | +40.5% |
| Taxes | 450/3 | €1,157 | €1,625 | +€468 | +40.5% |
| Other amounts payable | 47/48 | €35,566 | €36,164 | +€598 | +1.7% |
| Remuneration, social security and pensions | 62 | €185 | - | -€185 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,590 | €9,858 | -€732 | -6.9% |
| Other operating charges | 640/8 | €260 | - | -€260 | |
| Gross operating margin | 9900 | €2,173 | €4,210 | +€2,037 | +93.7% |
| Operating profit (loss) | 9901 | -€8,862 | -€5,648 | +€3,214 | +36.3% |
| Financial income | 75/76B | €1 | €16 | +€16 | +2,127% |
| Recurring financial income | 75 | €1 | €16 | +€16 | +2,127% |
| Financial charges | 65/66B | €142 | €66 | -€76 | -53.5% |
| Recurring financial charges | 65 | €142 | €66 | -€76 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,003 | -€5,698 | +€3,305 | +36.7% |
| Profit (loss) for the period | 9904 | -€9,003 | -€5,698 | +€3,305 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,003 | -€5,698 | +€3,305 | +36.7% |
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 29 October 2026 via checked.be.