Guysèle DM: what changed
Guysèle DM
Largest movements
- Tangible fixed assets +€379,771
up €379,771 (+26.1%), from €1.5m to €1.8m
- Current investments -€305,896
down €305,896 (-23.6%), from €1.3m to €992,917
- Cash -€67,926
down €67,926 (-70.1%), from €96,869 to €28,943
mainly Investment in fixed assets (net) (-€466,997) and Tax, wage and social debts (-€29,507)
- Reserves +€34,020
up €34,020 (+30.9%), from €110,121 to €144,141
- Tax, wage and social debts -€29,507
down €29,507 (-75.6%), from €39,043 to €9,536
- Depreciation +€54,519
up €54,519 (+167%), from €32,707 to €87,226
- Financial income -€48,240
down €48,240 (-30.2%), from €159,953 to €111,713
- Financial charges -€39,641
down €39,641 (-98.8%), from €40,132 to €490
- Taxes -€30,057
down €30,057 (-70.2%), from €42,815 to €12,758
- Gross operating margin -€10,355
down €10,355 (-25.6%), from €40,427 to €30,072
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,853,442 | €2,857,550 | +€4,108 | +0.1% |
| Fixed assets | 21/28 | €1,455,510 | €1,835,281 | +€379,771 | +26.1% |
| Tangible fixed assets | 22/27 | €1,455,510 | €1,835,281 | +€379,771 | +26.1% |
| Land and buildings | 22 | €1,455,510 | €1,835,281 | +€379,771 | +26.1% |
| Current assets | 29/58 | €1,397,932 | €1,022,269 | -€375,663 | -26.9% |
| Amounts receivable within one year | 40/41 | €2,250 | €0 | -€2,250 | -100% |
| Other amounts receivable | 41 | €2,250 | €0 | -€2,250 | -100% |
| Current investments | 50/53 | €1,298,813 | €992,917 | -€305,896 | -23.6% |
| Cash at bank and in hand | 54/58 | €96,869 | €28,943 | -€67,926 | -70.1% |
| Deferred charges and accrued income | 490/1 | - | €409 | +€409 | |
| Total equity and liabilities | 10/49 | €2,853,442 | €2,857,550 | +€4,108 | +0.1% |
| Equity | 10/15 | €2,813,994 | €2,848,014 | +€34,020 | +1.2% |
| Contributions | 10/11 | €2,703,215 | €2,703,215 | = | 0.0% |
| Reserves | 13 | €110,121 | €144,141 | +€34,020 | +30.9% |
| Distributable reserves | 133 | €110,121 | €144,141 | +€34,020 | +30.9% |
| Profit (loss) carried forward | 14 | €658 | €658 | = | 0.0% |
| Amounts payable | 17/49 | €39,449 | €9,536 | -€29,913 | -75.8% |
| Amounts payable within one year | 42/48 | €39,449 | €9,536 | -€29,913 | -75.8% |
| Trade debts | 44 | €406 | €0 | -€406 | -100% |
| Suppliers | 440/4 | €406 | €0 | -€406 | -100% |
| Taxes, remuneration and social security | 45 | €39,043 | €9,536 | -€29,507 | -75.6% |
| Taxes | 450/3 | €39,043 | €9,536 | -€29,507 | -75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,707 | €87,226 | +€54,519 | +167% |
| Other operating charges | 640/8 | €7,038 | €7,290 | +€252 | +3.6% |
| Gross operating margin | 9900 | €40,427 | €30,072 | -€10,355 | -25.6% |
| Operating profit (loss) | 9901 | €682 | -€64,444 | -€65,126 | |
| Financial income | 75/76B | €159,953 | €111,713 | -€48,240 | -30.2% |
| Recurring financial income | 75 | €159,953 | €111,713 | -€48,240 | -30.2% |
| Financial charges | 65/66B | €40,132 | €490 | -€39,641 | -98.8% |
| Recurring financial charges | 65 | €40,132 | €490 | -€39,641 | -98.8% |
| Profit (loss) for the period before taxes | 9903 | €120,503 | €46,778 | -€73,725 | -61.2% |
| Income taxes | 67/77 | €42,815 | €12,758 | -€30,057 | -70.2% |
| Profit (loss) for the period | 9904 | €77,688 | €34,020 | -€43,668 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €77,688 | €34,020 | -€43,668 | -56.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.