GYTHO: 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.
GYTHO
Largest movements
- Cash -€29,892
down €29,892 (-62.3%), from €47,959 to €18,067
mainly Contributions, distributions and other (-€66,000) and Receivables within one year (-€24,024)
- Receivables within one year +€24,024
up €24,024 (+138%), from €17,455 to €41,480
of which Other amounts receivable: +€22,713
- Financial fixed assets +€10,000
up €10,000 (+1,333%), from €750 to €10,750
- Other debts +€60,999
up €60,999 (+1,220%), from €5,001 to €66,000
- Reserves -€50,783
down €50,783 (-95.6%), from €53,111 to €2,329
- Tax, wage and social debts -€5,428
down €5,428 (-58.6%), from €9,267 to €3,838
- Gross operating margin +€3,292
up €3,292 (+15.1%), from €21,808 to €25,101
- Financial charges +€1,489
up €1,489 (+116%), from €1,284 to €2,773
- Depreciation +€339
up €339 (+17.1%), from €1,979 to €2,318
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 | €73,245 | €78,079 | +€4,834 | +6.6% |
| Fixed assets | 21/28 | €7,002 | €17,654 | +€10,652 | +152% |
| Tangible fixed assets | 22/27 | €6,252 | €6,904 | +€652 | +10.4% |
| Furniture and vehicles | 24 | €6,252 | €6,904 | +€652 | +10.4% |
| Financial fixed assets | 28 | €750 | €10,750 | +€10,000 | +1,333% |
| Current assets | 29/58 | €66,243 | €60,425 | -€5,818 | -8.8% |
| Amounts receivable within one year | 40/41 | €17,455 | €41,480 | +€24,024 | +138% |
| Trade receivables | 40 | €8,389 | €9,700 | +€1,311 | +15.6% |
| Other amounts receivable | 41 | €9,067 | €31,780 | +€22,713 | +251% |
| Cash at bank and in hand | 54/58 | €47,959 | €18,067 | -€29,892 | -62.3% |
| Deferred charges and accrued income | 490/1 | €829 | €878 | +€50 | +6.0% |
| Total equity and liabilities | 10/49 | €73,245 | €78,079 | +€4,834 | +6.6% |
| Equity | 10/15 | €56,111 | €5,329 | -€50,783 | -90.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €53,111 | €2,329 | -€50,783 | -95.6% |
| Distributable reserves | 133 | €53,111 | €2,329 | -€50,783 | -95.6% |
| Amounts payable | 17/49 | €17,134 | €72,751 | +€55,617 | +325% |
| Amounts payable within one year | 42/48 | €17,134 | €72,751 | +€55,617 | +325% |
| Trade debts | 44 | €2,866 | €2,912 | +€47 | +1.6% |
| Suppliers | 440/4 | €2,866 | €2,912 | +€47 | +1.6% |
| Taxes, remuneration and social security | 45 | €9,267 | €3,838 | -€5,428 | -58.6% |
| Taxes | 450/3 | €9,267 | €3,838 | -€5,428 | -58.6% |
| Other amounts payable | 47/48 | €5,001 | €66,000 | +€60,999 | +1,220% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,979 | €2,318 | +€339 | +17.1% |
| Other operating charges | 640/8 | €236 | €240 | +€4 | +1.7% |
| Gross operating margin | 9900 | €21,808 | €25,101 | +€3,292 | +15.1% |
| Operating profit (loss) | 9901 | €19,593 | €22,542 | +€2,949 | +15.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,284 | €2,773 | +€1,489 | +116% |
| Recurring financial charges | 65 | €1,284 | €2,773 | +€1,489 | +116% |
| Profit (loss) for the period before taxes | 9903 | €18,309 | €19,769 | +€1,460 | +8.0% |
| Income taxes | 67/77 | €4,411 | €4,552 | +€141 | +3.2% |
| Profit (loss) for the period | 9904 | €13,898 | €15,217 | +€1,319 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,898 | €15,217 | +€1,319 | +9.5% |
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 15 October 2026 via checked.be.