GUYSTALUX: 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.
What changed
GUYSTALUX
NACE 25.530, Machining of metals
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,253
2024 · €1,972+€281
Equity
€627,844
2024 · €625,592+€2,253
Cash
€4,971
2024 · €5,150-€179
Balance sheet total
€1.7m
2024 · €1.8m-€36,864
Largest movements
Assets
- Tangible fixed assets -€68,291
down €68,291 (-5.9%), from €1.2m to €1.1m
of which Leasing and similar rights: -€36,610
- Receivables within one year +€18,835
up €18,835 (+6.8%), from €278,502 to €297,338
of which Trade receivables: +€33,542
Equity and liabilities
- Debts after one year -€76,213
down €76,213 (-12.9%), from €589,187 to €512,974
of which Financial debts: -€77,543
- Short-term financial debts +€41,053
up €41,053 (+27.4%), from €150,002 to €191,055
Income statement
- Staff costs -€26,652
down €26,652 (-9.0%), from €297,282 to €270,631
- Depreciation +€21,819
up €21,819 (+15.2%), from €143,257 to €165,076
- Gross operating margin +€9,260
up €9,260 (+1.9%), from €485,124 to €494,384
- Taxes +€8,500
up €8,500 (+632.6%), from €1,344 to €9,844
- Financial charges +€5,885
up €5,885 (+20.3%), from €29,005 to €34,890
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.
Result 2024
€1,972
Gross operating margin
+€9,260
Staff costs
+€26,652
Depreciation
-€21,819
Other operating charges
+€360
Financial income
+€213
Financial charges
-€5,885
Taxes
-€8,500
Result 2025
€2,253
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.
From operations
+€114,155
Investment
-€89,700
Financing
-€24,635
Cash 2024
€5,150
From operations (derived)
+€114,155
Net result for the year
+€2,253
Depreciation
+€165,076
Stocks and contracts
-€3,328
Receivables within one year
-€18,835
Deferred charges and accrued income
-€16,527
Trade debts
-€7,866
Tax, wage and social debts
-€10,317
Other debts
+€2,476
Accrued charges and deferred income
+€1,225
Investment (derived)
-€89,700
Investment in fixed assets (net)
-€89,700
Financing
-€24,635
Debts after one year
-€76,213
Current portion of long-term debt
+€10,525
Short-term financial debts
+€41,053
Cash 2025
€4,971
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,767,653 | €1,730,789 | -€36,864 | -2.1% |
| Fixed assets | 21/28 | €1,455,478 | €1,380,102 | -€75,376 | -5.2% |
| Intangible fixed assets | 21 | €51,002 | €43,917 | -€7,086 | -13.9% |
| Tangible fixed assets | 22/27 | €1,157,326 | €1,089,035 | -€68,291 | -5.9% |
| Land and buildings | 22 | €110,739 | €104,255 | -€6,484 | -5.9% |
| Plant, machinery and equipment | 23 | €569,730 | €562,484 | -€7,246 | -1.3% |
| Furniture and vehicles | 24 | €93,671 | €75,721 | -€17,950 | -19.2% |
| Leasing and similar rights | 25 | €383,185 | €346,576 | -€36,610 | -9.6% |
| Financial fixed assets | 28 | €247,150 | €247,150 | = | 0.0% |
| Current assets | 29/58 | €312,175 | €350,687 | +€38,512 | +12.3% |
| Stocks and contracts in progress | 3 | €11,519 | €14,847 | +€3,328 | +28.9% |
| Stocks | 30/36 | €11,519 | €14,847 | +€3,328 | +28.9% |
| Amounts receivable within one year | 40/41 | €278,502 | €297,338 | +€18,835 | +6.8% |
| Trade receivables | 40 | €258,271 | €291,813 | +€33,542 | +13.0% |
| Other amounts receivable | 41 | €20,232 | €5,525 | -€14,707 | -72.7% |
| Cash at bank and in hand | 54/58 | €5,150 | €4,971 | -€179 | -3.5% |
| Deferred charges and accrued income | 490/1 | €17,004 | €33,531 | +€16,527 | +97.2% |
| Total equity and liabilities | 10/49 | €1,767,653 | €1,730,789 | -€36,864 | -2.1% |
| Equity | 10/15 | €625,592 | €627,844 | +€2,253 | +0.4% |
| Contributions | 10/11 | €518,593 | €518,593 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Outside capital | 11 | €18,593 | €18,593 | = | 0.0% |
| Share premium | 1100/10 | €18,593 | €18,593 | = | 0.0% |
| Reserves | 13 | €106,999 | €109,251 | +€2,253 | +2.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €105,139 | €107,392 | +€2,253 | +2.1% |
| Amounts payable | 17/49 | €1,142,062 | €1,102,945 | -€39,117 | -3.4% |
| Amounts payable after more than one year | 17 | €589,187 | €512,974 | -€76,213 | -12.9% |
| Financial debts | 170/4 | €565,272 | €487,730 | -€77,543 | -13.7% |
| Other amounts payable | 178/9 | €23,914 | €25,244 | +€1,330 | +5.6% |
| Amounts payable within one year | 42/48 | €550,975 | €586,846 | +€35,871 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €126,861 | €137,386 | +€10,525 | +8.3% |
| Financial debts | 43 | €150,002 | €191,055 | +€41,053 | +27.4% |
| Credit institutions | 430/8 | €150,002 | €191,055 | +€41,053 | +27.4% |
| Trade debts | 44 | €237,288 | €229,422 | -€7,866 | -3.3% |
| Suppliers | 440/4 | €237,288 | €229,422 | -€7,866 | -3.3% |
| Taxes, remuneration and social security | 45 | €34,746 | €24,430 | -€10,317 | -29.7% |
| Taxes | 450/3 | €4,354 | €1,605 | -€2,749 | -63.1% |
| Remuneration and social security | 454/9 | €30,393 | €22,825 | -€7,568 | -24.9% |
| Other amounts payable | 47/48 | €2,078 | €4,554 | +€2,476 | +119.2% |
| Accrued charges and deferred income | 492/3 | €1,900 | €3,125 | +€1,225 | +64.5% |
| Non-recurring operating income | 76A | €24,806 | - | -€24,806 | |
| Remuneration, social security and pensions | 62 | €297,282 | €270,631 | -€26,652 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,257 | €165,076 | +€21,819 | +15.2% |
| Other operating charges | 640/8 | €14,691 | €14,332 | -€360 | -2.4% |
| Gross operating margin | 9900 | €485,124 | €494,384 | +€9,260 | +1.9% |
| Operating profit (loss) | 9901 | €29,894 | €44,346 | +€14,452 | +48.3% |
| Financial income | 75/76B | €2,427 | €2,640 | +€213 | +8.8% |
| Recurring financial income | 75 | €2,427 | €2,640 | +€213 | +8.8% |
| Financial charges | 65/66B | €29,005 | €34,890 | +€5,885 | +20.3% |
| Recurring financial charges | 65 | €29,005 | €34,890 | +€5,885 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €3,316 | €12,097 | +€8,781 | +264.9% |
| Income taxes | 67/77 | €1,344 | €9,844 | +€8,500 | +632.6% |
| Profit (loss) for the period | 9904 | €1,972 | €2,253 | +€281 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,972 | €2,253 | +€281 | +14.3% |
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 3 October 2026 via checked.be.