GUYLUX: 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.
GUYLUX
Largest movements
- Receivables within one year -€194,083
down €194,083 (-56.6%), from €342,668 to €148,585
of which Other amounts receivable: -€194,313
- Cash +€130,027
up €130,027 (+222.2%), from €58,523 to €188,550
mainly Receivables within one year (+€194,083) and Other debts (+€169,173)
- Stocks and contracts +€117,113
up €117,113 (+6.8%), from €1.7m to €1.8m
- Tangible fixed assets -€63,347
down €63,347 (-5.1%), from €1.2m to €1.2m
of which Land and buildings: -€45,445
- Debts after one year -€200,609
down €200,609 (-55.5%), from €361,366 to €160,756
- Other debts +€169,173
up €169,173 (+19.2%), from €881,600 to €1.1m
- Gross operating margin +€37,841
up €37,841 (+24.0%), from €157,514 to €195,355
- Taxes +€7,706
up €7,706 (+333.0%), from €2,314 to €10,020
- Financial charges +€6,309
up €6,309 (+11.4%), from €55,323 to €61,633
- Other operating charges +€2,231
up €2,231 (+9.1%), from €24,638 to €26,869
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 | €3,377,655 | €3,367,365 | -€10,289 | -0.3% |
| Fixed assets | 21/28 | €1,245,076 | €1,181,729 | -€63,347 | -5.1% |
| Tangible fixed assets | 22/27 | €1,245,076 | €1,181,729 | -€63,347 | -5.1% |
| Land and buildings | 22 | €1,195,982 | €1,150,537 | -€45,445 | -3.8% |
| Furniture and vehicles | 24 | €49,094 | €31,192 | -€17,902 | -36.5% |
| Current assets | 29/58 | €2,132,579 | €2,185,636 | +€53,057 | +2.5% |
| Stocks and contracts in progress | 3 | €1,731,388 | €1,848,501 | +€117,113 | +6.8% |
| Stocks | 30/36 | €1,731,388 | €1,848,501 | +€117,113 | +6.8% |
| Amounts receivable within one year | 40/41 | €342,668 | €148,585 | -€194,083 | -56.6% |
| Trade receivables | 40 | - | €230 | +€230 | |
| Other amounts receivable | 41 | €342,668 | €148,355 | -€194,313 | -56.7% |
| Cash at bank and in hand | 54/58 | €58,523 | €188,550 | +€130,027 | +222.2% |
| Total equity and liabilities | 10/49 | €3,377,655 | €3,367,365 | -€10,289 | -0.3% |
| Equity | 10/15 | €1,259,838 | €1,280,058 | +€20,219 | +1.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €151,728 | €144,804 | -€6,924 | -4.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €95,528 | €88,604 | -€6,924 | -7.2% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,046,111 | €1,073,254 | +€27,143 | +2.6% |
| Provisions and deferred taxes | 16 | €56,803 | €54,495 | -€2,308 | -4.1% |
| Deferred taxes | 168 | €56,803 | €54,495 | -€2,308 | -4.1% |
| Amounts payable | 17/49 | €2,061,013 | €2,032,813 | -€28,200 | -1.4% |
| Amounts payable after more than one year | 17 | €361,366 | €160,756 | -€200,609 | -55.5% |
| Financial debts | 170/4 | €361,366 | €160,756 | -€200,609 | -55.5% |
| Amounts payable within one year | 42/48 | €1,696,251 | €1,868,501 | +€172,250 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €389,788 | €392,609 | +€2,821 | +0.7% |
| Financial debts | 43 | €400,000 | €400,000 | = | 0.0% |
| Credit institutions | 430/8 | €400,000 | €400,000 | = | 0.0% |
| Trade debts | 44 | €10,726 | €11,516 | +€791 | +7.4% |
| Suppliers | 440/4 | €10,726 | €11,516 | +€791 | +7.4% |
| Taxes, remuneration and social security | 45 | €14,138 | €13,603 | -€535 | -3.8% |
| Taxes | 450/3 | €14,138 | €13,603 | -€535 | -3.8% |
| Other amounts payable | 47/48 | €881,600 | €1,050,773 | +€169,173 | +19.2% |
| Accrued charges and deferred income | 492/3 | €3,397 | €3,556 | +€158 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,000 | €78,921 | -€78 | -0.1% |
| Other operating charges | 640/8 | €24,638 | €26,869 | +€2,231 | +9.1% |
| Gross operating margin | 9900 | €157,514 | €195,355 | +€37,841 | +24.0% |
| Operating profit (loss) | 9901 | €53,877 | €89,564 | +€35,688 | +66.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €55,323 | €61,633 | +€6,309 | +11.4% |
| Recurring financial charges | 65 | €55,323 | €61,633 | +€6,309 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,446 | €27,932 | +€29,378 | |
| Transfer from deferred taxes | 780 | €2,457 | €2,308 | -€149 | -6.1% |
| Income taxes | 67/77 | €2,314 | €10,020 | +€7,706 | +333.0% |
| Profit (loss) for the period | 9904 | -€1,304 | €20,219 | +€21,523 | |
| Transfer from tax-exempt reserves | 789 | €7,371 | €6,924 | -€447 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,067 | €27,143 | +€21,076 | +347.4% |
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 29 September 2026 via checked.be.