Guzalt: 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.
Guzalt
Largest movements
- Tangible fixed assets +€68,342
up €68,342 (+2811.5%), from €2,431 to €70,773
of which Plant, machinery and equipment: +€54,000
- Cash -€36,451
down €36,451 (-88.6%), from €41,160 to €4,709
mainly Investment in fixed assets (net) (-€91,800) and Net result for the year (-€40,698)
- Receivables within one year -€27,979
down €27,979 (-73.2%), from €38,229 to €10,250
of which Trade receivables: -€30,000
- Intangible fixed assets +€8,000
new in 2024: €8,000
- Financial fixed assets +€2,800
up €2,800 (+280.0%), from €1,000 to €3,800
- Trade debts +€60,888
up €60,888 (+3215.2%), from €1,894 to €62,782
- Profit (loss) carried forward -€40,698
down €40,698, from €24,520 to -€16,178
- Tax, wage and social debts -€4,000
down €4,000 (-28.1%), from €14,258 to €10,258
of which Remuneration and social security: -€4,000
- Gross operating margin -€124,462
down €124,462, from €100,368 to -€24,094
- Depreciation +€12,035
up €12,035 (+1931.6%), from €623 to €12,658
- Taxes -€5,815
down €5,815 (-94.9%), from €6,130 to €315
- Financial charges +€2,116
up €2,116 (+574.6%), from €368 to €2,484
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,820 | €99,151 | +€16,332 | +19.7% |
| Fixed assets | 21/28 | €3,431 | €82,573 | +€79,142 | +2306.8% |
| Intangible fixed assets | 21 | - | €8,000 | +€8,000 | |
| Tangible fixed assets | 22/27 | €2,431 | €70,773 | +€68,342 | +2811.5% |
| Plant, machinery and equipment | 23 | - | €54,000 | +€54,000 | |
| Furniture and vehicles | 24 | €2,431 | €8,773 | +€6,342 | +260.9% |
| Other tangible fixed assets | 26 | - | €8,000 | +€8,000 | |
| Financial fixed assets | 28 | €1,000 | €3,800 | +€2,800 | +280.0% |
| Current assets | 29/58 | €79,389 | €16,578 | -€62,810 | -79.1% |
| Stocks and contracts in progress | 3 | - | €386 | +€386 | |
| Stocks | 30/36 | - | €386 | +€386 | |
| Amounts receivable within one year | 40/41 | €38,229 | €10,250 | -€27,979 | -73.2% |
| Trade receivables | 40 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 41 | €8,229 | €10,250 | +€2,021 | +24.6% |
| Cash at bank and in hand | 54/58 | €41,160 | €4,709 | -€36,451 | -88.6% |
| Deferred charges and accrued income | 490/1 | - | €1,234 | +€1,234 | |
| Total equity and liabilities | 10/49 | €82,820 | €99,151 | +€16,332 | +19.7% |
| Equity | 10/15 | €43,120 | €2,422 | -€40,698 | -94.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,520 | -€16,178 | -€40,698 | |
| Amounts payable | 17/49 | €39,700 | €96,729 | +€57,029 | +143.7% |
| Amounts payable within one year | 42/48 | €39,700 | €96,729 | +€57,029 | +143.7% |
| Trade debts | 44 | €1,894 | €62,782 | +€60,888 | +3215.2% |
| Suppliers | 440/4 | €1,894 | €62,782 | +€60,888 | +3215.2% |
| Taxes, remuneration and social security | 45 | €14,258 | €10,258 | -€4,000 | -28.1% |
| Taxes | 450/3 | €6,258 | €6,258 | = | 0.0% |
| Remuneration and social security | 454/9 | €8,000 | €4,000 | -€4,000 | -50.0% |
| Other amounts payable | 47/48 | €23,548 | €23,689 | +€141 | +0.6% |
| Non-recurring operating income | 76A | €89,440 | - | -€89,440 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623 | €12,658 | +€12,035 | +1931.6% |
| Other operating charges | 640/8 | €800 | €1,147 | +€347 | +43.3% |
| Gross operating margin | 9900 | €100,368 | -€24,094 | -€124,462 | |
| Operating profit (loss) | 9901 | €98,945 | -€37,899 | -€136,844 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €368 | €2,484 | +€2,116 | +574.6% |
| Recurring financial charges | 65 | €368 | €2,484 | +€2,116 | +574.6% |
| Profit (loss) for the period before taxes | 9903 | €98,576 | -€40,383 | -€138,959 | |
| Income taxes | 67/77 | €6,130 | €315 | -€5,815 | -94.9% |
| Profit (loss) for the period | 9904 | €92,446 | -€40,698 | -€133,144 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,446 | -€40,698 | -€133,144 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.