GUTU RAZVAN: 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.
GUTU RAZVAN
Largest movements
- Receivables within one year +€15,970
up €15,970 (+682.5%), from €2,340 to €18,310
- Deferred charges and accrued income -€11,120
down €11,120 (-19.1%), from €58,101 to €46,981
- Cash -€5,713
down €5,713 (-82.8%), from €6,904 to €1,191
mainly Debts after one year (-€39,168) and Investment in fixed assets (net) (-€22,650)
- Tangible fixed assets -€5,402
down €5,402 (-2.2%), from €245,351 to €239,949
of which Furniture and vehicles: -€9,053
- Debts after one year -€39,168
down €39,168 (-84.1%), from €46,597 to €7,429
- Other debts +€27,154
up €27,154 (+13.1%), from €207,367 to €234,521
- Short-term financial debts +€6,373
up €6,373 (+1397.1%), from €456 to €6,829
- Purchases and services +€78,030
up €78,030 (+50.0%), from €156,128 to €234,158
- Turnover +€66,950
up €66,950 (+23.4%), from €285,785 to €352,735
- Financial charges +€25,117
up €25,117 (+55.8%), from €45,022 to €70,140
- Other operating charges -€22,381
down €22,381 (-92.8%), from €24,114 to €1,734
- Gross operating margin -€11,080
down €11,080 (-8.5%), from €129,657 to €118,577
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €317,805 | €313,939 | -€3,865 | -1.2% |
| Fixed assets | 21/28 | €245,351 | €239,949 | -€5,402 | -2.2% |
| Tangible fixed assets | 22/27 | €245,351 | €239,949 | -€5,402 | -2.2% |
| Land and buildings | 22 | €205,504 | €209,155 | +€3,651 | +1.8% |
| Furniture and vehicles | 24 | €39,847 | €30,795 | -€9,053 | -22.7% |
| Current assets | 29/58 | €72,453 | €73,990 | +€1,537 | +2.1% |
| Amounts receivable within one year | 40/41 | €2,340 | €18,310 | +€15,970 | +682.5% |
| Trade receivables | 40 | €2,340 | €18,310 | +€15,970 | +682.5% |
| Current investments | 50/53 | €5,108 | €7,508 | +€2,400 | +47.0% |
| Cash at bank and in hand | 54/58 | €6,904 | €1,191 | -€5,713 | -82.8% |
| Deferred charges and accrued income | 490/1 | €58,101 | €46,981 | -€11,120 | -19.1% |
| Total equity and liabilities | 10/49 | €317,805 | €313,939 | -€3,865 | -1.2% |
| Equity | 10/15 | -€1,141 | -€2,487 | -€1,346 | -117.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,141 | -€12,487 | -€1,346 | -12.1% |
| Amounts payable | 17/49 | €318,946 | €316,426 | -€2,519 | -0.8% |
| Amounts payable after more than one year | 17 | €46,597 | €7,429 | -€39,168 | -84.1% |
| Financial debts | 170/4 | €46,597 | €7,429 | -€39,168 | -84.1% |
| Amounts payable within one year | 42/48 | €272,349 | €308,998 | +€36,648 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €38,379 | €39,024 | +€645 | +1.7% |
| Financial debts | 43 | €456 | €6,829 | +€6,373 | +1397.1% |
| Credit institutions | 430/8 | €456 | €6,829 | +€6,373 | +1397.1% |
| Trade debts | 44 | €22,929 | €25,405 | +€2,476 | +10.8% |
| Suppliers | 440/4 | €22,929 | €25,405 | +€2,476 | +10.8% |
| Taxes, remuneration and social security | 45 | €3,218 | €3,218 | = | 0.0% |
| Taxes | 450/3 | €3,218 | €3,218 | = | 0.0% |
| Other amounts payable | 47/48 | €207,367 | €234,521 | +€27,154 | +13.1% |
| Turnover | 70 | €285,785 | €352,735 | +€66,950 | +23.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €156,128 | €234,158 | +€78,030 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,498 | €28,051 | +€7,553 | +36.8% |
| Other operating charges | 640/8 | €24,114 | €1,734 | -€22,381 | -92.8% |
| Gross operating margin | 9900 | €129,657 | €118,577 | -€11,080 | -8.5% |
| Operating profit (loss) | 9901 | €85,045 | €88,792 | +€3,747 | +4.4% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €45,022 | €70,140 | +€25,117 | +55.8% |
| Recurring financial charges | 65 | €45,022 | €70,140 | +€25,117 | +55.8% |
| Profit (loss) for the period before taxes | 9903 | €40,022 | €18,654 | -€21,368 | -53.4% |
| Income taxes | 67/77 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) for the period | 9904 | €20,022 | -€1,346 | -€21,368 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,022 | -€1,346 | -€21,368 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.