GYSTA: 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.
GYSTA
Largest movements
- Receivables within one year +€22,153
up €22,153 (+78.0%), from €28,416 to €50,568
of which Trade receivables: +€35,153
- Cash -€9,449
down €9,449 (-46.3%), from €20,410 to €10,960
mainly Investment in fixed assets (net) (-€34,973) and Receivables within one year (-€22,153)
- Other debts +€16,858
up €16,858 (+51.4%), from €32,779 to €49,636
- Trade debts +€15,408
up €15,408 (+548.8%), from €2,807 to €18,215
- Debts after one year -€13,627
down €13,627 (-3.9%), from €353,616 to €339,989
- Tax, wage and social debts -€4,719
down €4,719 (-39.0%), from €12,097 to €7,378
of which Taxes: -€4,719
- Gross operating margin +€27,823
up €27,823 (+100.6%), from €27,664 to €55,486
- Depreciation +€14,200
up €14,200 (+88.0%), from €16,133 to €30,333
- Financial charges +€7,731
up €7,731 (+123.3%), from €6,272 to €14,003
- Other operating charges +€3,194
up €3,194 (+982.1%), from €325 to €3,519
- Taxes +€1,337
up €1,337 (+93.2%), from €1,434 to €2,770
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 | €450,972 | €471,704 | +€20,732 | +4.6% |
| Fixed assets | 21/28 | €391,348 | €395,987 | +€4,640 | +1.2% |
| Tangible fixed assets | 22/27 | €391,348 | €395,987 | +€4,640 | +1.2% |
| Land and buildings | 22 | €362,717 | €344,337 | -€18,379 | -5.1% |
| Plant, machinery and equipment | 23 | €27,181 | €23,842 | -€3,339 | -12.3% |
| Furniture and vehicles | 24 | €1,450 | €3,027 | +€1,577 | +108.7% |
| Other tangible fixed assets | 26 | - | €24,781 | +€24,781 | |
| Current assets | 29/58 | €59,625 | €75,716 | +€16,092 | +27.0% |
| Stocks and contracts in progress | 3 | €8,000 | €12,280 | +€4,280 | +53.5% |
| Stocks | 30/36 | €8,000 | €12,280 | +€4,280 | +53.5% |
| Amounts receivable within one year | 40/41 | €28,416 | €50,568 | +€22,153 | +78.0% |
| Trade receivables | 40 | €14,855 | €50,008 | +€35,153 | +236.6% |
| Other amounts receivable | 41 | €13,560 | €560 | -€13,000 | -95.9% |
| Cash at bank and in hand | 54/58 | €20,410 | €10,960 | -€9,449 | -46.3% |
| Deferred charges and accrued income | 490/1 | €2,800 | €1,908 | -€891 | -31.8% |
| Total equity and liabilities | 10/49 | €450,972 | €471,704 | +€20,732 | +4.6% |
| Equity | 10/15 | €36,510 | €40,740 | +€4,231 | +11.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,510 | €30,740 | +€4,231 | +16.0% |
| Amounts payable | 17/49 | €414,462 | €430,963 | +€16,501 | +4.0% |
| Amounts payable after more than one year | 17 | €353,616 | €339,989 | -€13,627 | -3.9% |
| Financial debts | 170/4 | €353,616 | €339,989 | -€13,627 | -3.9% |
| Amounts payable within one year | 42/48 | €60,846 | €90,974 | +€30,128 | +49.5% |
| Current portion of amounts payable after more than one year | 42 | €13,163 | €15,745 | +€2,582 | +19.6% |
| Trade debts | 44 | €2,807 | €18,215 | +€15,408 | +548.8% |
| Suppliers | 440/4 | €2,807 | €18,215 | +€15,408 | +548.8% |
| Taxes, remuneration and social security | 45 | €12,097 | €7,378 | -€4,719 | -39.0% |
| Taxes | 450/3 | €8,697 | €3,978 | -€4,719 | -54.3% |
| Remuneration and social security | 454/9 | €3,400 | €3,400 | = | 0.0% |
| Other amounts payable | 47/48 | €32,779 | €49,636 | +€16,858 | +51.4% |
| Remuneration, social security and pensions | 62 | €1,231 | €1,358 | +€127 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,133 | €30,333 | +€14,200 | +88.0% |
| Other operating charges | 640/8 | €325 | €3,519 | +€3,194 | +982.1% |
| Gross operating margin | 9900 | €27,664 | €55,486 | +€27,823 | +100.6% |
| Operating profit (loss) | 9901 | €9,974 | €20,276 | +€10,302 | +103.3% |
| Financial income | 75/76B | - | €728 | +€728 | |
| Recurring financial income | 75 | - | €728 | +€728 | |
| Financial charges | 65/66B | €6,272 | €14,003 | +€7,731 | +123.3% |
| Recurring financial charges | 65 | €6,272 | €14,003 | +€7,731 | +123.3% |
| Profit (loss) for the period before taxes | 9903 | €3,703 | €7,001 | +€3,298 | +89.1% |
| Income taxes | 67/77 | €1,434 | €2,770 | +€1,337 | +93.2% |
| Profit (loss) for the period | 9904 | €2,269 | €4,231 | +€1,962 | +86.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,269 | €4,231 | +€1,962 | +86.5% |
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 8 October 2026 via checked.be.