GUYNE-US: 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.
GUYNE-US
Largest movements
- Receivables within one year +€32,703
up €32,703 (+93.9%), from €34,837 to €67,539
of which Trade receivables: +€21,668
- Cash -€20,402
down €20,402 (-55.4%), from €36,802 to €16,400
mainly Receivables within one year (-€32,703) and Debts after one year (-€23,641)
- Tangible fixed assets -€8,957
down €8,957 (-2.9%), from €308,763 to €299,807
of which Land and buildings: -€8,210
- Reserves +€31,364
up €31,364 (+33.0%), from €95,113 to €126,477
- Debts after one year -€23,641
down €23,641 (-9.9%), from €238,238 to €214,597
- Other debts -€5,128
down €5,128 (-73.2%), from €7,005 to €1,877
- Gross operating margin +€23,527
up €23,527 (+50.9%), from €46,190 to €69,717
- Financial charges +€6,852
up €6,852 (+177%), from €3,873 to €10,724
- Depreciation +€4,559
up €4,559 (+49.2%), from €9,259 to €13,819
- Taxes +€3,405
up €3,405 (+37.8%), from €9,018 to €12,423
- Other operating charges -€1,239
down €1,239 (-47.0%), from €2,639 to €1,400
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 | €392,791 | €394,395 | +€1,604 | +0.4% |
| Fixed assets | 21/28 | €308,913 | €299,957 | -€8,957 | -2.9% |
| Tangible fixed assets | 22/27 | €308,763 | €299,807 | -€8,957 | -2.9% |
| Land and buildings | 22 | €300,721 | €292,511 | -€8,210 | -2.7% |
| Plant, machinery and equipment | 23 | €1,123 | €4,688 | +€3,566 | +318% |
| Furniture and vehicles | 24 | €5,051 | €1,864 | -€3,187 | -63.1% |
| Leasing and similar rights | 25 | €1,868 | €743 | -€1,125 | -60.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €83,878 | €94,439 | +€10,561 | +12.6% |
| Amounts receivable within one year | 40/41 | €34,837 | €67,539 | +€32,703 | +93.9% |
| Trade receivables | 40 | €33,307 | €54,975 | +€21,668 | +65.1% |
| Other amounts receivable | 41 | €1,530 | €12,565 | +€11,034 | +721% |
| Cash at bank and in hand | 54/58 | €36,802 | €16,400 | -€20,402 | -55.4% |
| Deferred charges and accrued income | 490/1 | €12,239 | €10,500 | -€1,740 | -14.2% |
| Total equity and liabilities | 10/49 | €392,791 | €394,395 | +€1,604 | +0.4% |
| Equity | 10/15 | €98,113 | €129,477 | +€31,364 | +32.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €95,113 | €126,477 | +€31,364 | +33.0% |
| Distributable reserves | 133 | €95,113 | €126,477 | +€31,364 | +33.0% |
| Amounts payable | 17/49 | €294,678 | €264,919 | -€29,759 | -10.1% |
| Amounts payable after more than one year | 17 | €238,238 | €214,597 | -€23,641 | -9.9% |
| Financial debts | 170/4 | €238,238 | €214,597 | -€23,641 | -9.9% |
| Amounts payable within one year | 42/48 | €56,409 | €50,321 | -€6,087 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €23,173 | €23,641 | +€468 | +2.0% |
| Financial debts | 43 | €1,720 | €400 | -€1,320 | -76.7% |
| Credit institutions | 430/8 | €1,720 | €400 | -€1,320 | -76.7% |
| Trade debts | 44 | €5,379 | €4,412 | -€968 | -18.0% |
| Suppliers | 440/4 | €5,379 | €4,412 | -€968 | -18.0% |
| Advances received on contracts in progress | 46 | €385 | €0 | -€385 | -100% |
| Taxes, remuneration and social security | 45 | €18,745 | €19,992 | +€1,246 | +6.6% |
| Taxes | 450/3 | €13,273 | €14,488 | +€1,215 | +9.2% |
| Remuneration and social security | 454/9 | €5,473 | €5,503 | +€31 | +0.6% |
| Other amounts payable | 47/48 | €7,005 | €1,877 | -€5,128 | -73.2% |
| Accrued charges and deferred income | 492/3 | €31 | €0 | -€31 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,259 | €13,819 | +€4,559 | +49.2% |
| Other operating charges | 640/8 | €2,639 | €1,400 | -€1,239 | -47.0% |
| Gross operating margin | 9900 | €46,190 | €69,717 | +€23,527 | +50.9% |
| Operating profit (loss) | 9901 | €34,292 | €54,498 | +€20,207 | +58.9% |
| Financial income | 75/76B | €109 | €13 | -€97 | -88.4% |
| Recurring financial income | 75 | €109 | €13 | -€97 | -88.4% |
| Financial charges | 65/66B | €3,873 | €10,724 | +€6,852 | +177% |
| Recurring financial charges | 65 | €3,873 | €10,724 | +€6,852 | +177% |
| Profit (loss) for the period before taxes | 9903 | €30,528 | €43,787 | +€13,258 | +43.4% |
| Income taxes | 67/77 | €9,018 | €12,423 | +€3,405 | +37.8% |
| Profit (loss) for the period | 9904 | €21,510 | €31,364 | +€9,854 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,510 | €31,364 | +€9,854 | +45.8% |
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 20 October 2026 via checked.be.