GYSL: 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.
GYSL
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash +€8,467
up €8,467 (+189.9%), from €4,458 to €12,925
mainly Debts after one year (+€200,000) and Depreciation (+€8,664)
- Formation expenses -€5,316
down €5,316 (-24.2%), from €21,965 to €16,648
- Debts after one year +€200,000
up €200,000 (+110.8%), from €180,500 to €380,500
- Gross operating margin +€5,139
up €5,139 (+353.8%), from €1,452 to €6,591
- Financial income +€4,531
new in 2025: €4,531
- Taxes +€1,359
new in 2025: €1,359
- Depreciation -€1,268
down €1,268 (-12.8%), from €9,932 to €8,664
- Other operating charges +€155
up €155 (+16.0%), from €963 to €1,118
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 | €201,107 | €400,910 | +€199,803 | +99.4% |
| Formation expenses | 20 | €21,965 | €16,648 | -€5,316 | -24.2% |
| Fixed assets | 21/28 | €174,685 | €171,337 | -€3,348 | -1.9% |
| Tangible fixed assets | 22/27 | €174,685 | €171,337 | -€3,348 | -1.9% |
| Land and buildings | 22 | €174,685 | €171,337 | -€3,348 | -1.9% |
| Current assets | 29/58 | €4,458 | €212,925 | +€208,467 | +4676.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €4,458 | €12,925 | +€8,467 | +189.9% |
| Total equity and liabilities | 10/49 | €201,107 | €400,910 | +€199,803 | +99.4% |
| Equity | 10/15 | €20,426 | €20,223 | -€203 | -1.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,574 | -€9,777 | -€203 | -2.1% |
| Amounts payable | 17/49 | €180,682 | €380,688 | +€200,006 | +110.7% |
| Amounts payable after more than one year | 17 | €180,500 | €380,500 | +€200,000 | +110.8% |
| Financial debts | 170/4 | €180,500 | €380,500 | +€200,000 | +110.8% |
| Amounts payable within one year | 42/48 | €182 | €188 | +€6 | +3.3% |
| Trade debts | 44 | €182 | €188 | +€6 | +3.3% |
| Suppliers | 440/4 | €182 | €188 | +€6 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,932 | €8,664 | -€1,268 | -12.8% |
| Other operating charges | 640/8 | €963 | €1,118 | +€155 | +16.0% |
| Gross operating margin | 9900 | €1,452 | €6,591 | +€5,139 | +353.8% |
| Operating profit (loss) | 9901 | -€9,443 | -€3,191 | +€6,252 | +66.2% |
| Financial income | 75/76B | - | €4,531 | +€4,531 | |
| Recurring financial income | 75 | - | €4,531 | +€4,531 | |
| Financial charges | 65/66B | €131 | €184 | +€53 | +40.4% |
| Recurring financial charges | 65 | €131 | €184 | +€53 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,574 | €1,156 | +€10,730 | |
| Income taxes | 67/77 | - | €1,359 | +€1,359 | |
| Profit (loss) for the period | 9904 | -€9,574 | -€203 | +€9,371 | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,574 | -€203 | +€9,371 | +97.9% |
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 5 October 2026 via checked.be.