Guzana Concept: 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.
Guzana Concept
Largest movements
- Receivables within one year +€38,818
up €38,818 (+61.9%), from €62,671 to €101,489
- Stocks and contracts +€21,431
up €21,431 (+15.4%), from €139,109 to €160,540
- Cash +€12,993
up €12,993 (+904%), from €1,437 to €14,430
mainly Tax, wage and social debts (+€37,917) and Net result for the year (+€27,229)
- Tangible fixed assets -€7,347
down €7,347 (-21.4%), from €34,370 to €27,023
of which Plant, machinery and equipment: -€3,855
- Tax, wage and social debts +€37,917
up €37,917 (+436%), from €8,700 to €46,617
of which Taxes: +€19,492
- Profit (loss) carried forward +€27,229
up €27,229 (+531%), from €5,126 to €32,355
- Debts after one year +€22,744
up €22,744 (+230%), from €9,890 to €32,634
- Other debts -€15,522
down €15,522 (-31.1%), from €49,920 to €34,398
- Current portion of long-term debt -€9,004
down €9,004 (-100%), from €9,004 to €0
- Taxes +€10,975
up €10,975 (+593%), from €1,852 to €12,827
- Gross operating margin -€7,152
down €7,152 (-8.3%), from €86,005 to €78,853
- Depreciation -€1,907
down €1,907 (-11.2%), from €17,027 to €15,121
- Staff costs +€1,129
up €1,129 (+5.3%), from €21,182 to €22,312
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 | €237,706 | €303,482 | +€65,776 | +27.7% |
| Fixed assets | 21/28 | €34,370 | €27,023 | -€7,347 | -21.4% |
| Tangible fixed assets | 22/27 | €34,370 | €27,023 | -€7,347 | -21.4% |
| Plant, machinery and equipment | 23 | €19,090 | €15,236 | -€3,855 | -20.2% |
| Furniture and vehicles | 24 | €376 | €0 | -€376 | -100% |
| Other tangible fixed assets | 26 | €14,904 | €11,787 | -€3,117 | -20.9% |
| Current assets | 29/58 | €203,336 | €276,460 | +€73,123 | +36.0% |
| Stocks and contracts in progress | 3 | €139,109 | €160,540 | +€21,431 | +15.4% |
| Stocks | 30/36 | €139,109 | €160,540 | +€21,431 | +15.4% |
| Amounts receivable within one year | 40/41 | €62,671 | €101,489 | +€38,818 | +61.9% |
| Trade receivables | 40 | €62,671 | €101,489 | +€38,818 | +61.9% |
| Cash at bank and in hand | 54/58 | €1,437 | €14,430 | +€12,993 | +904% |
| Deferred charges and accrued income | 490/1 | €119 | €0 | -€119 | -100% |
| Total equity and liabilities | 10/49 | €237,706 | €303,482 | +€65,776 | +27.7% |
| Equity | 10/15 | €155,126 | €182,355 | +€27,229 | +17.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,126 | €32,355 | +€27,229 | +531% |
| Amounts payable | 17/49 | €82,581 | €121,128 | +€38,547 | +46.7% |
| Amounts payable after more than one year | 17 | €9,890 | €32,634 | +€22,744 | +230% |
| Financial debts | 170/4 | €9,890 | €32,634 | +€22,744 | +230% |
| Amounts payable within one year | 42/48 | €72,690 | €88,494 | +€15,803 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €9,004 | €0 | -€9,004 | -100% |
| Trade debts | 44 | €5,066 | €7,479 | +€2,413 | +47.6% |
| Suppliers | 440/4 | €5,066 | €7,479 | +€2,413 | +47.6% |
| Taxes, remuneration and social security | 45 | €8,700 | €46,617 | +€37,917 | +436% |
| Taxes | 450/3 | €3,834 | €23,326 | +€19,492 | +508% |
| Remuneration and social security | 454/9 | €4,866 | €23,291 | +€18,424 | +379% |
| Other amounts payable | 47/48 | €49,920 | €34,398 | -€15,522 | -31.1% |
| Remuneration, social security and pensions | 62 | €21,182 | €22,312 | +€1,129 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,027 | €15,121 | -€1,907 | -11.2% |
| Other operating charges | 640/8 | €1,032 | €845 | -€187 | -18.2% |
| Gross operating margin | 9900 | €86,005 | €78,853 | -€7,152 | -8.3% |
| Operating profit (loss) | 9901 | €46,763 | €40,575 | -€6,187 | -13.2% |
| Financial income | 75/76B | €0 | €750 | +€750 | +7,499,800% |
| Recurring financial income | 75 | €0 | €750 | +€750 | +7,499,800% |
| Financial charges | 65/66B | €1,116 | €1,269 | +€153 | +13.7% |
| Recurring financial charges | 65 | €1,116 | €1,269 | +€153 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €45,647 | €40,057 | -€5,590 | -12.2% |
| Income taxes | 67/77 | €1,852 | €12,827 | +€10,975 | +593% |
| Profit (loss) for the period | 9904 | €43,795 | €27,229 | -€16,566 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,795 | €27,229 | -€16,566 | -37.8% |
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.