GYNHEKA: 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.
GYNHEKA
Largest movements
- Receivables within one year +€44,930
up €44,930, from €0 to €44,930
- Cash +€33,901
up €33,901 (+38.8%), from €87,459 to €121,360
mainly Net result for the year (+€82,274) and Depreciation (+€11,616)
- Tangible fixed assets -€11,616
down €11,616 (-27.8%), from €41,788 to €30,172
of which Furniture and vehicles: -€11,494
- Profit (loss) carried forward +€82,274
up €82,274 (+116.6%), from €70,560 to €152,833
- Debts after one year -€10,068
down €10,068 (-40.1%), from €25,090 to €15,022
- Tax, wage and social debts -€7,860
down €7,860 (-52.9%), from €14,850 to €6,990
- Gross operating margin +€34,114
up €34,114 (+40.3%), from €84,694 to €118,808
- Taxes +€7,158
up €7,158 (+48.5%), from €14,748 to €21,906
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 | €129,248 | €196,462 | +€67,214 | +52.0% |
| Fixed assets | 21/28 | €41,788 | €30,172 | -€11,616 | -27.8% |
| Tangible fixed assets | 22/27 | €41,788 | €30,172 | -€11,616 | -27.8% |
| Furniture and vehicles | 24 | €40,786 | €29,292 | -€11,494 | -28.2% |
| Other tangible fixed assets | 26 | €1,002 | €880 | -€123 | -12.2% |
| Current assets | 29/58 | €87,459 | €166,290 | +€78,831 | +90.1% |
| Amounts receivable within one year | 40/41 | €0 | €44,930 | +€44,930 | |
| Trade receivables | 40 | €0 | €44,930 | +€44,930 | |
| Cash at bank and in hand | 54/58 | €87,459 | €121,360 | +€33,901 | +38.8% |
| Total equity and liabilities | 10/49 | €129,248 | €196,462 | +€67,214 | +52.0% |
| Equity | 10/15 | €75,560 | €157,833 | +€82,274 | +108.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,560 | €152,833 | +€82,274 | +116.6% |
| Amounts payable | 17/49 | €53,688 | €38,629 | -€15,059 | -28.0% |
| Amounts payable after more than one year | 17 | €25,090 | €15,022 | -€10,068 | -40.1% |
| Financial debts | 170/4 | €25,090 | €15,022 | -€10,068 | -40.1% |
| Amounts payable within one year | 42/48 | €27,848 | €22,857 | -€4,991 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €9,646 | €10,068 | +€422 | +4.4% |
| Trade debts | 44 | €0 | €493 | +€493 | |
| Suppliers | 440/4 | €0 | €493 | +€493 | |
| Taxes, remuneration and social security | 45 | €14,850 | €6,990 | -€7,860 | -52.9% |
| Taxes | 450/3 | €14,850 | €6,990 | -€7,860 | -52.9% |
| Other amounts payable | 47/48 | €3,351 | €5,305 | +€1,954 | +58.3% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,876 | €11,616 | +€740 | +6.8% |
| Other operating charges | 640/8 | €792 | €1,195 | +€403 | +50.8% |
| Gross operating margin | 9900 | €84,694 | €118,808 | +€34,114 | +40.3% |
| Operating profit (loss) | 9901 | €73,026 | €105,997 | +€32,971 | +45.1% |
| Financial charges | 65/66B | €2,308 | €1,817 | -€490 | -21.2% |
| Recurring financial charges | 65 | €2,308 | €1,817 | -€490 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €70,718 | €104,180 | +€33,461 | +47.3% |
| Income taxes | 67/77 | €14,748 | €21,906 | +€7,158 | +48.5% |
| Profit (loss) for the period | 9904 | €55,970 | €82,274 | +€26,304 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,970 | €82,274 | +€26,304 | +47.0% |
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 4 October 2026 via checked.be.