Gynzy Belgium: 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.
Gynzy Belgium
Largest movements
- Receivables within one year -€113,503
down €113,503 (-43.0%), from €263,919 to €150,416
of which Trade receivables: -€134,944
- Cash +€98,254
up €98,254 (+1,594%), from €6,162 to €104,416
mainly Receivables within one year (+€113,503) and Other debts (+€15,591)
- Deferred charges and accrued income -€4,569
down €4,569 (-35.4%), from €12,918 to €8,349
- Tax, wage and social debts -€23,856
down €23,856 (-39.8%), from €59,932 to €36,076
of which Remuneration and social security: -€23,792
- Other debts +€15,591
up €15,591 (+39.2%), from €39,801 to €55,392
- Accrued charges and deferred income -€13,822
down €13,822 (-8.3%), from €166,134 to €152,311
- Profit (loss) carried forward +€5,792
up €5,792 (+90.7%), from €6,388 to €12,180
- Trade debts -€4,817
down €4,817 (-46.1%), from €10,461 to €5,643
- Staff costs -€135,093
down €135,093 (-41.7%), from €324,200 to €189,107
- Gross operating margin -€125,411
down €125,411 (-38.8%), from €322,861 to €197,451
- Write-downs +€10,490
up €10,490 (+90.4%), from -€11,599 to -€1,109
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 | €285,715 | €264,602 | -€21,113 | -7.4% |
| Fixed assets | 21/28 | €2,716 | €1,422 | -€1,294 | -47.6% |
| Tangible fixed assets | 22/27 | €2,011 | €1,422 | -€589 | -29.3% |
| Furniture and vehicles | 24 | €2,011 | €1,422 | -€589 | -29.3% |
| Financial fixed assets | 28 | €705 | €0 | -€705 | -100% |
| Current assets | 29/58 | €282,999 | €263,180 | -€19,819 | -7.0% |
| Amounts receivable within one year | 40/41 | €263,919 | €150,416 | -€113,503 | -43.0% |
| Trade receivables | 40 | €151,501 | €16,557 | -€134,944 | -89.1% |
| Other amounts receivable | 41 | €112,418 | €133,859 | +€21,441 | +19.1% |
| Cash at bank and in hand | 54/58 | €6,162 | €104,416 | +€98,254 | +1,594% |
| Deferred charges and accrued income | 490/1 | €12,918 | €8,349 | -€4,569 | -35.4% |
| Total equity and liabilities | 10/49 | €285,715 | €264,602 | -€21,113 | -7.4% |
| Equity | 10/15 | €9,388 | €15,180 | +€5,792 | +61.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,388 | €12,180 | +€5,792 | +90.7% |
| Amounts payable | 17/49 | €276,327 | €249,422 | -€26,905 | -9.7% |
| Amounts payable within one year | 42/48 | €110,193 | €97,111 | -€13,082 | -11.9% |
| Trade debts | 44 | €10,461 | €5,643 | -€4,817 | -46.1% |
| Suppliers | 440/4 | €10,461 | €5,643 | -€4,817 | -46.1% |
| Taxes, remuneration and social security | 45 | €59,932 | €36,076 | -€23,856 | -39.8% |
| Taxes | 450/3 | €26,593 | €26,529 | -€64 | -0.2% |
| Remuneration and social security | 454/9 | €33,339 | €9,547 | -€23,792 | -71.4% |
| Other amounts payable | 47/48 | €39,801 | €55,392 | +€15,591 | +39.2% |
| Accrued charges and deferred income | 492/3 | €166,134 | €152,311 | -€13,822 | -8.3% |
| Non-recurring operating income | 76A | €278 | €0 | -€278 | -100% |
| Remuneration, social security and pensions | 62 | €324,200 | €189,107 | -€135,093 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,367 | €589 | -€2,778 | -82.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,599 | -€1,109 | +€10,490 | +90.4% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €322,861 | €197,451 | -€125,411 | -38.8% |
| Operating profit (loss) | 9901 | €6,775 | €8,744 | +€1,969 | +29.1% |
| Financial income | 75/76B | €3,461 | €4,166 | +€705 | +20.4% |
| Recurring financial income | 75 | €3,461 | €4,166 | +€705 | +20.4% |
| Financial charges | 65/66B | €4,832 | €4,577 | -€255 | -5.3% |
| Recurring financial charges | 65 | €4,832 | €4,577 | -€255 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €5,403 | €8,333 | +€2,930 | +54.2% |
| Income taxes | 67/77 | €4,799 | €2,541 | -€2,257 | -47.0% |
| Profit (loss) for the period | 9904 | €605 | €5,792 | +€5,187 | +858% |
| Profit (loss) for the period to be appropriated | 9905 | €605 | €5,792 | +€5,187 | +858% |
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 28 October 2026 via checked.be.