GYNTSINA: 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.
GYNTSINA
Largest movements
- Receivables within one year +€28,873
up €28,873 (+93.9%), from €30,742 to €59,614
of which Other amounts receivable: +€32,759
- Cash +€8,289
up €8,289 (+13.4%), from €61,744 to €70,032
mainly Net result for the year (+€60,300) and Depreciation (+€14,195)
- Tangible fixed assets +€4,055
up €4,055 (+7.2%), from €56,375 to €60,430
of which Plant, machinery and equipment: +€15,179
- Deferred charges and accrued income +€2,504
up €2,504 (+108%), from €2,320 to €4,824
- Profit (loss) carried forward +€60,300
new in 2025: €60,300
- Current portion of long-term debt -€23,988
down €23,988 (-42.5%), from €56,391 to €32,403
- Trade debts +€8,206
new in 2025: €8,206
- Debts after one year -€2,243
no longer reported in 2025 (was €2,243)
- Tax, wage and social debts +€2,000
up €2,000 (+80.0%), from €2,500 to €4,500
- Gross operating margin -€42,182
down €42,182 (-30.7%), from €137,387 to €95,205
- Taxes -€17,039
down €17,039 (-47.9%), from €35,538 to €18,499
- Other operating charges -€1,993
down €1,993 (-74.5%), from €2,675 to €682
- Depreciation +€1,707
up €1,707 (+13.7%), from €12,489 to €14,195
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 | €151,725 | €195,446 | +€43,721 | +28.8% |
| Fixed assets | 21/28 | €56,920 | €60,975 | +€4,055 | +7.1% |
| Tangible fixed assets | 22/27 | €56,375 | €60,430 | +€4,055 | +7.2% |
| Plant, machinery and equipment | 23 | - | €15,179 | +€15,179 | |
| Furniture and vehicles | 24 | €56,375 | €44,639 | -€11,736 | -20.8% |
| Other tangible fixed assets | 26 | - | €613 | +€613 | |
| Financial fixed assets | 28 | €545 | €545 | = | 0.0% |
| Current assets | 29/58 | €94,805 | €134,471 | +€39,666 | +41.8% |
| Amounts receivable within one year | 40/41 | €30,742 | €59,614 | +€28,873 | +93.9% |
| Trade receivables | 40 | €6,663 | €2,776 | -€3,887 | -58.3% |
| Other amounts receivable | 41 | €24,079 | €56,838 | +€32,759 | +136% |
| Cash at bank and in hand | 54/58 | €61,744 | €70,032 | +€8,289 | +13.4% |
| Deferred charges and accrued income | 490/1 | €2,320 | €4,824 | +€2,504 | +108% |
| Total equity and liabilities | 10/49 | €151,725 | €195,446 | +€43,721 | +28.8% |
| Equity | 10/15 | €90,036 | €150,337 | +€60,300 | +67.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,036 | €85,036 | = | 0.0% |
| Distributable reserves | 133 | €85,036 | €85,036 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €60,300 | +€60,300 | |
| Amounts payable | 17/49 | €61,689 | €45,109 | -€16,580 | -26.9% |
| Amounts payable after more than one year | 17 | €2,243 | - | -€2,243 | |
| Financial debts | 170/4 | €2,243 | - | -€2,243 | |
| Amounts payable within one year | 42/48 | €59,446 | €45,109 | -€14,337 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €56,391 | €32,403 | -€23,988 | -42.5% |
| Trade debts | 44 | - | €8,206 | +€8,206 | |
| Suppliers | 440/4 | - | €8,206 | +€8,206 | |
| Taxes, remuneration and social security | 45 | €2,500 | €4,500 | +€2,000 | +80.0% |
| Taxes | 450/3 | €2,500 | €4,500 | +€2,000 | +80.0% |
| Other amounts payable | 47/48 | €555 | - | -€555 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,489 | €14,195 | +€1,707 | +13.7% |
| Other operating charges | 640/8 | €2,675 | €682 | -€1,993 | -74.5% |
| Gross operating margin | 9900 | €137,387 | €95,205 | -€42,182 | -30.7% |
| Operating profit (loss) | 9901 | €122,223 | €80,328 | -€41,895 | -34.3% |
| Financial income | 75/76B | €16 | €285 | +€269 | +1,641% |
| Recurring financial income | 75 | €16 | €285 | +€269 | +1,641% |
| Financial charges | 65/66B | €1,664 | €1,813 | +€149 | +9.0% |
| Recurring financial charges | 65 | €1,664 | €1,813 | +€149 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €120,575 | €78,800 | -€41,775 | -34.6% |
| Income taxes | 67/77 | €35,538 | €18,499 | -€17,039 | -47.9% |
| Profit (loss) for the period | 9904 | €85,036 | €60,300 | -€24,736 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €85,036 | €60,300 | -€24,736 | -29.1% |
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 30 October 2026 via checked.be.