GUYARDY: 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.
GUYARDY
Largest movements
- Current investments -€120,000
down €120,000 (-100.0%), from €120,000 to €0
- Cash +€29,441
up €29,441 (+59.2%), from €49,732 to €79,173
mainly Current investments (+€120,000) and Other debts (+€108,503)
- Tangible fixed assets -€5,354
down €5,354 (-16.4%), from €32,733 to €27,379
of which Furniture and vehicles: -€7,580
- Deferred charges and accrued income -€2,629
down €2,629 (-66.2%), from €3,970 to €1,341
- Reserves -€201,265
down €201,265 (-100.0%), from €201,265 to €0
- Other debts +€108,503
up €108,503 (+103552.9%), from €105 to €108,608
- Gross operating margin -€10,357
down €10,357 (-10.5%), from €98,331 to €87,974
- Taxes -€2,332
down €2,332 (-11.8%), from €19,749 to €17,417
- Depreciation +€2,109
up €2,109 (+36.0%), from €5,864 to €7,973
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 | €222,386 | €125,685 | -€96,701 | -43.5% |
| Fixed assets | 21/28 | €32,733 | €27,379 | -€5,354 | -16.4% |
| Tangible fixed assets | 22/27 | €32,733 | €27,379 | -€5,354 | -16.4% |
| Plant, machinery and equipment | 23 | €0 | €2,226 | +€2,226 | |
| Furniture and vehicles | 24 | €32,733 | €25,153 | -€7,580 | -23.2% |
| Current assets | 29/58 | €189,653 | €98,306 | -€91,347 | -48.2% |
| Amounts receivable within one year | 40/41 | €15,950 | €17,791 | +€1,841 | +11.5% |
| Trade receivables | 40 | €15,950 | €17,341 | +€1,391 | +8.7% |
| Other amounts receivable | 41 | €0 | €450 | +€450 | |
| Current investments | 50/53 | €120,000 | €0 | -€120,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €49,732 | €79,173 | +€29,441 | +59.2% |
| Deferred charges and accrued income | 490/1 | €3,970 | €1,341 | -€2,629 | -66.2% |
| Total equity and liabilities | 10/49 | €222,386 | €125,685 | -€96,701 | -43.5% |
| Equity | 10/15 | €206,265 | €5,000 | -€201,265 | -97.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €201,265 | €0 | -€201,265 | -100.0% |
| Distributable reserves | 133 | €201,265 | €0 | -€201,265 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €16,121 | €120,685 | +€104,564 | +648.6% |
| Amounts payable within one year | 42/48 | €15,469 | €120,685 | +€105,216 | +680.2% |
| Trade debts | 44 | €4,772 | €2,697 | -€2,075 | -43.5% |
| Suppliers | 440/4 | €4,772 | €2,697 | -€2,075 | -43.5% |
| Taxes, remuneration and social security | 45 | €10,592 | €9,380 | -€1,212 | -11.4% |
| Taxes | 450/3 | €10,592 | €9,380 | -€1,212 | -11.4% |
| Other amounts payable | 47/48 | €105 | €108,608 | +€108,503 | +103552.9% |
| Accrued charges and deferred income | 492/3 | €652 | €0 | -€652 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,864 | €7,973 | +€2,109 | +36.0% |
| Other operating charges | 640/8 | €792 | €719 | -€73 | -9.2% |
| Gross operating margin | 9900 | €98,331 | €87,974 | -€10,357 | -10.5% |
| Operating profit (loss) | 9901 | €91,675 | €79,282 | -€12,393 | -13.5% |
| Financial income | 75/76B | €2,173 | €1,233 | -€941 | -43.3% |
| Recurring financial income | 75 | €2,173 | €1,233 | -€941 | -43.3% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €93,713 | €80,364 | -€13,349 | -14.2% |
| Income taxes | 67/77 | €19,749 | €17,417 | -€2,332 | -11.8% |
| Profit (loss) for the period | 9904 | €73,964 | €62,947 | -€11,017 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €73,964 | €62,947 | -€11,017 | -14.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.