Gwidoo: 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.
Gwidoo
Largest movements
- Cash -€11,369
down €11,369 (-25.2%), from €45,031 to €33,663
mainly Other debts (-€7,708) and Contributions, distributions and other (-€5,494)
- Other debts -€7,708
down €7,708 (-4.7%), from €164,942 to €157,235
- Reserves -€5,364
no longer reported in 2025 (was €5,364)
- Gross operating margin -€13,409
down €13,409 (-78.7%), from €17,029 to €3,621
- Depreciation -€5,364
down €5,364 (-80.8%), from €6,638 to €1,273
- Taxes -€1,338
down €1,338 (-59.1%), from €2,266 to €928
- Financial charges -€836
down €836 (-93.6%), from €893 to €57
- Financial income -€390
down €390 (-95.1%), from €410 to €20
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €178,975 | €164,776 | -€14,199 | -7.9% |
| Fixed assets | 21/28 | €116,852 | €115,579 | -€1,273 | -1.1% |
| Tangible fixed assets | 22/27 | €116,852 | €115,579 | -€1,273 | -1.1% |
| Land and buildings | 22 | €112,272 | €112,272 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,005 | €2,952 | -€1,053 | -26.3% |
| Furniture and vehicles | 24 | €576 | €356 | -€220 | -38.2% |
| Current assets | 29/58 | €62,123 | €49,197 | -€12,926 | -20.8% |
| Amounts receivable within one year | 40/41 | €15,547 | €13,883 | -€1,663 | -10.7% |
| Trade receivables | 40 | - | €11,718 | +€11,718 | |
| Other amounts receivable | 41 | €15,547 | €2,165 | -€13,381 | -86.1% |
| Cash at bank and in hand | 54/58 | €45,031 | €33,663 | -€11,369 | -25.2% |
| Deferred charges and accrued income | 490/1 | €1,545 | €1,651 | +€106 | +6.8% |
| Total equity and liabilities | 10/49 | €178,975 | €164,776 | -€14,199 | -7.9% |
| Equity | 10/15 | €7,364 | €2,000 | -€5,364 | -72.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,364 | - | -€5,364 | |
| Distributable reserves | 133 | €5,364 | - | -€5,364 | |
| Amounts payable | 17/49 | €171,611 | €162,776 | -€8,835 | -5.1% |
| Amounts payable within one year | 42/48 | €171,128 | €162,776 | -€8,353 | -4.9% |
| Trade debts | 44 | €5,979 | €4,782 | -€1,197 | -20.0% |
| Suppliers | 440/4 | €5,979 | €4,782 | -€1,197 | -20.0% |
| Taxes, remuneration and social security | 45 | €207 | €759 | +€552 | +266.8% |
| Taxes | 450/3 | €207 | €759 | +€552 | +266.8% |
| Other amounts payable | 47/48 | €164,942 | €157,235 | -€7,708 | -4.7% |
| Accrued charges and deferred income | 492/3 | €483 | - | -€483 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,638 | €1,273 | -€5,364 | -80.8% |
| Other operating charges | 640/8 | €1,420 | €1,253 | -€167 | -11.8% |
| Gross operating margin | 9900 | €17,029 | €3,621 | -€13,409 | -78.7% |
| Operating profit (loss) | 9901 | €8,972 | €1,095 | -€7,877 | -87.8% |
| Financial income | 75/76B | €410 | €20 | -€390 | -95.1% |
| Recurring financial income | 75 | €410 | €20 | -€390 | -95.1% |
| Financial charges | 65/66B | €893 | €57 | -€836 | -93.6% |
| Recurring financial charges | 65 | €893 | €57 | -€836 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | €8,489 | €1,058 | -€7,432 | -87.5% |
| Income taxes | 67/77 | €2,266 | €928 | -€1,338 | -59.1% |
| Profit (loss) for the period | 9904 | €6,223 | €130 | -€6,093 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,223 | €130 | -€6,093 | -97.9% |
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 5 October 2026 via checked.be.