GYN.LB: 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.
GYN.LB
Largest movements
- Cash +€48,881
up €48,881 (+16.0%), from €305,699 to €354,580
mainly Net result for the year (+€75,383) and Depreciation (+€36,559)
- Tangible fixed assets +€13,776
up €13,776 (+10.4%), from €131,897 to €145,672
of which Plant, machinery and equipment: +€21,907
- Reserves +€46,812
up €46,812 (+14.5%), from €323,786 to €370,598
of which Distributable reserves: +€46,812
- Current portion of long-term debt +€14,397
up €14,397 (+62.1%), from €23,199 to €37,596
- Trade debts +€9,149
up €9,149 (+748.4%), from €1,223 to €10,371
- Tax, wage and social debts -€8,489
down €8,489 (-70.7%), from €12,010 to €3,521
- Other debts +€5,702
up €5,702 (+844.9%), from €675 to €6,376
- Gross operating margin -€50,286
down €50,286 (-25.9%), from €194,168 to €143,882
- Taxes -€18,400
down €18,400 (-38.9%), from €47,248 to €28,849
- Depreciation +€7,778
up €7,778 (+27.0%), from €28,782 to €36,559
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 | €463,760 | €529,628 | +€65,868 | +14.2% |
| Fixed assets | 21/28 | €132,307 | €146,082 | +€13,776 | +10.4% |
| Tangible fixed assets | 22/27 | €131,897 | €145,672 | +€13,776 | +10.4% |
| Land and buildings | 22 | €97,574 | €89,443 | -€8,131 | -8.3% |
| Plant, machinery and equipment | 23 | €34,323 | €56,229 | +€21,907 | +63.8% |
| Financial fixed assets | 28 | €410 | €410 | = | 0.0% |
| Current assets | 29/58 | €331,453 | €383,545 | +€52,093 | +15.7% |
| Current investments | 50/53 | €24,756 | €28,008 | +€3,252 | +13.1% |
| Cash at bank and in hand | 54/58 | €305,699 | €354,580 | +€48,881 | +16.0% |
| Deferred charges and accrued income | 490/1 | €998 | €958 | -€40 | -4.0% |
| Total equity and liabilities | 10/49 | €463,760 | €529,628 | +€65,868 | +14.2% |
| Equity | 10/15 | €367,205 | €414,017 | +€46,812 | +12.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €323,786 | €370,598 | +€46,812 | +14.5% |
| Non-distributable reserves | 130/1 | €2,174 | €2,174 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,174 | €2,174 | = | 0.0% |
| Distributable reserves | 133 | €321,612 | €368,423 | +€46,812 | +14.6% |
| Profit (loss) carried forward | 14 | €31,019 | €31,019 | = | 0.0% |
| Amounts payable | 17/49 | €96,554 | €115,611 | +€19,057 | +19.7% |
| Amounts payable after more than one year | 17 | €59,448 | €55,518 | -€3,930 | -6.6% |
| Financial debts | 170/4 | €59,448 | €55,518 | -€3,930 | -6.6% |
| Amounts payable within one year | 42/48 | €37,107 | €57,865 | +€20,759 | +55.9% |
| Current portion of amounts payable after more than one year | 42 | €23,199 | €37,596 | +€14,397 | +62.1% |
| Trade debts | 44 | €1,223 | €10,371 | +€9,149 | +748.4% |
| Suppliers | 440/4 | €1,223 | €10,371 | +€9,149 | +748.4% |
| Taxes, remuneration and social security | 45 | €12,010 | €3,521 | -€8,489 | -70.7% |
| Taxes | 450/3 | €12,010 | €3,521 | -€8,489 | -70.7% |
| Other amounts payable | 47/48 | €675 | €6,376 | +€5,702 | +844.9% |
| Accrued charges and deferred income | 492/3 | - | €2,228 | +€2,228 | |
| Remuneration, social security and pensions | 62 | €1,414 | €85 | -€1,330 | -94.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,782 | €36,559 | +€7,778 | +27.0% |
| Other operating charges | 640/8 | €256 | €472 | +€216 | +84.2% |
| Gross operating margin | 9900 | €194,168 | €143,882 | -€50,286 | -25.9% |
| Operating profit (loss) | 9901 | €163,715 | €106,766 | -€56,950 | -34.8% |
| Financial income | 75/76B | €651 | €1,143 | +€492 | +75.6% |
| Recurring financial income | 75 | €651 | €1,143 | +€492 | +75.6% |
| Financial charges | 65/66B | €2,679 | €3,677 | +€997 | +37.2% |
| Recurring financial charges | 65 | €2,679 | €3,677 | +€997 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €161,687 | €104,232 | -€57,455 | -35.5% |
| Income taxes | 67/77 | €47,248 | €28,849 | -€18,400 | -38.9% |
| Profit (loss) for the period | 9904 | €114,438 | €75,383 | -€39,055 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €114,438 | €75,383 | -€39,055 | -34.1% |
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 8 October 2026 via checked.be.