GYNOA: 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.
GYNOA
Largest movements
- Cash +€30,718
up €30,718 (+162%), from €19,019 to €49,738
mainly Net result for the year (+€48,080) and Depreciation (+€11,778)
- Intangible fixed assets -€10,000
down €10,000 (-40.6%), from €24,641 to €14,641
- Receivables within one year +€4,889
up €4,889 (+69.5%), from €7,030 to €11,920
of which Trade receivables: +€2,608
- Tangible fixed assets +€4,193
up €4,193 (+1,914%), from €219 to €4,412
- Profit (loss) carried forward +€24,203
no longer reported in 2025 (was -€24,203)
- Reserves +€23,877
up €23,877 (+210%), from €11,343 to €35,221
- Other debts -€16,410
down €16,410 (-77.8%), from €21,097 to €4,687
- Debts after one year -€9,799
down €9,799 (-42.8%), from €22,875 to €13,076
- Current portion of long-term debt +€3,425
up €3,425 (+34.5%), from €9,920 to €13,344
- Gross operating margin +€43,964
up €43,964 (+154%), from €28,602 to €72,566
- Taxes +€10,079
up €10,079 (+7,224%), from €140 to €10,218
- Depreciation +€1,162
up €1,162 (+10.9%), from €10,616 to €11,778
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 | €50,910 | €80,710 | +€29,800 | +58.5% |
| Fixed assets | 21/28 | €24,860 | €19,053 | -€5,807 | -23.4% |
| Intangible fixed assets | 21 | €24,641 | €14,641 | -€10,000 | -40.6% |
| Tangible fixed assets | 22/27 | €219 | €4,412 | +€4,193 | +1,914% |
| Furniture and vehicles | 24 | €219 | €4,412 | +€4,193 | +1,914% |
| Current assets | 29/58 | €26,049 | €61,657 | +€35,608 | +137% |
| Amounts receivable within one year | 40/41 | €7,030 | €11,920 | +€4,889 | +69.5% |
| Trade receivables | 40 | €7,030 | €9,638 | +€2,608 | +37.1% |
| Other amounts receivable | 41 | - | €2,282 | +€2,282 | |
| Cash at bank and in hand | 54/58 | €19,019 | €49,738 | +€30,718 | +162% |
| Total equity and liabilities | 10/49 | €50,910 | €80,710 | +€29,800 | +58.5% |
| Equity | 10/15 | -€7,859 | €40,221 | +€48,080 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,343 | €35,221 | +€23,877 | +210% |
| Distributable reserves | 133 | €11,343 | €35,221 | +€23,877 | +210% |
| Profit (loss) carried forward | 14 | -€24,203 | - | +€24,203 | |
| Amounts payable | 17/49 | €58,769 | €40,489 | -€18,280 | -31.1% |
| Amounts payable after more than one year | 17 | €22,875 | €13,076 | -€9,799 | -42.8% |
| Financial debts | 170/4 | €22,875 | €13,076 | -€9,799 | -42.8% |
| Amounts payable within one year | 42/48 | €35,894 | €27,413 | -€8,481 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €9,920 | €13,344 | +€3,425 | +34.5% |
| Trade debts | 44 | €882 | €2,306 | +€1,424 | +161% |
| Suppliers | 440/4 | €882 | €2,306 | +€1,424 | +161% |
| Taxes, remuneration and social security | 45 | €3,996 | €7,077 | +€3,080 | +77.1% |
| Taxes | 450/3 | €3,996 | €4,348 | +€352 | +8.8% |
| Remuneration and social security | 454/9 | - | €2,728 | +€2,728 | |
| Other amounts payable | 47/48 | €21,097 | €4,687 | -€16,410 | -77.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,616 | €11,778 | +€1,162 | +10.9% |
| Other operating charges | 640/8 | €836 | €721 | -€115 | -13.7% |
| Gross operating margin | 9900 | €28,602 | €72,566 | +€43,964 | +154% |
| Operating profit (loss) | 9901 | €17,150 | €60,066 | +€42,917 | +250% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,866 | €1,768 | -€98 | -5.2% |
| Recurring financial charges | 65 | €1,866 | €1,768 | -€98 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €15,284 | €58,298 | +€43,015 | +281% |
| Income taxes | 67/77 | €140 | €10,218 | +€10,079 | +7,224% |
| Profit (loss) for the period | 9904 | €15,144 | €48,080 | +€32,936 | +217% |
| Profit (loss) for the period to be appropriated | 9905 | €15,144 | €48,080 | +€32,936 | +217% |
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 23 October 2026 via checked.be.