GYN-RW: 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.
GYN-RW
Largest movements
- Cash +€153,965
up €153,965 (+46.0%), from €334,528 to €488,493
mainly Other debts (+€226,439) and Net result for the year (+€120,928)
- Intangible fixed assets -€50,000
down €50,000 (-35.5%), from €140,885 to €90,885
- Deferred charges and accrued income -€23,594
down €23,594 (-44.4%), from €53,131 to €29,537
- Other debts +€226,439
up €226,439 (+238.9%), from €94,765 to €321,204
- Profit (loss) carried forward -€108,270
down €108,270 (-100.0%), from €108,270 to €0
- Tax, wage and social debts -€38,269
down €38,269 (-90.5%), from €42,269 to €4,000
- Gross operating margin +€15,079
up €15,079 (+7.4%), from €202,785 to €217,864
- Taxes +€3,324
up €3,324 (+10.5%), from €31,623 to €34,947
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 | €532,014 | €610,659 | +€78,645 | +14.8% |
| Fixed assets | 21/28 | €144,355 | €92,576 | -€51,779 | -35.9% |
| Intangible fixed assets | 21 | €140,885 | €90,885 | -€50,000 | -35.5% |
| Tangible fixed assets | 22/27 | €3,470 | €1,691 | -€1,779 | -51.3% |
| Furniture and vehicles | 24 | €3,470 | €1,691 | -€1,779 | -51.3% |
| Current assets | 29/58 | €387,660 | €518,083 | +€130,423 | +33.6% |
| Amounts receivable within one year | 40/41 | - | €53 | +€53 | |
| Other amounts receivable | 41 | - | €53 | +€53 | |
| Cash at bank and in hand | 54/58 | €334,528 | €488,493 | +€153,965 | +46.0% |
| Deferred charges and accrued income | 490/1 | €53,131 | €29,537 | -€23,594 | -44.4% |
| Total equity and liabilities | 10/49 | €532,014 | €610,659 | +€78,645 | +14.8% |
| Equity | 10/15 | €386,972 | €278,702 | -€108,270 | -28.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €275,702 | €275,702 | = | 0.0% |
| Distributable reserves | 133 | €275,702 | €275,702 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,270 | €0 | -€108,270 | -100.0% |
| Amounts payable | 17/49 | €145,043 | €331,957 | +€186,915 | +128.9% |
| Amounts payable within one year | 42/48 | €137,246 | €325,345 | +€188,100 | +137.1% |
| Trade debts | 44 | €211 | €141 | -€70 | -33.0% |
| Suppliers | 440/4 | €211 | €141 | -€70 | -33.0% |
| Taxes, remuneration and social security | 45 | €42,269 | €4,000 | -€38,269 | -90.5% |
| Taxes | 450/3 | €42,269 | €4,000 | -€38,269 | -90.5% |
| Other amounts payable | 47/48 | €94,765 | €321,204 | +€226,439 | +238.9% |
| Accrued charges and deferred income | 492/3 | €7,797 | €6,612 | -€1,185 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,486 | €54,147 | -€340 | -0.6% |
| Other operating charges | 640/8 | €692 | €1,084 | +€391 | +56.6% |
| Gross operating margin | 9900 | €202,785 | €217,864 | +€15,079 | +7.4% |
| Operating profit (loss) | 9901 | €147,607 | €162,634 | +€15,027 | +10.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,713 | €6,759 | -€954 | -12.4% |
| Recurring financial charges | 65 | €7,713 | €6,759 | -€954 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €139,893 | €155,875 | +€15,982 | +11.4% |
| Income taxes | 67/77 | €31,623 | €34,947 | +€3,324 | +10.5% |
| Profit (loss) for the period | 9904 | €108,270 | €120,928 | +€12,658 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €108,270 | €120,928 | +€12,658 | +11.7% |
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 10 October 2026 via checked.be.