Just Guillermo: 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.
Just Guillermo
Largest movements
- Receivables within one year +€27,499
up €27,499 (+71.8%), from €38,310 to €65,809
of which Other amounts receivable: +€24,668
- Cash +€15,290
up €15,290 (+31.4%), from €48,671 to €63,961
mainly Net result for the year (+€38,779) and Depreciation (+€13,637)
- Tangible fixed assets -€11,302
down €11,302 (-18.6%), from €60,840 to €49,538
of which Furniture and vehicles: -€12,785
- Reserves +€38,700
up €38,700 (+49.2%), from €78,700 to €117,400
- Debts after one year -€9,647
down €9,647 (-24.6%), from €39,236 to €29,589
- Tax, wage and social debts +€6,214
up €6,214 (+70.3%), from €8,845 to €15,059
- Current portion of long-term debt -€2,793
down €2,793 (-20.9%), from €13,363 to €10,570
- Other debts -€2,000
no longer reported in 2025 (was €2,000)
- Gross operating margin +€25,365
up €25,365 (+52.6%), from €48,219 to €73,584
- Depreciation +€9,559
up €9,559 (+234%), from €4,078 to €13,637
- Taxes +€8,509
up €8,509 (+77.2%), from €11,025 to €19,533
- Financial charges +€1,046
up €1,046 (+99.4%), from €1,052 to €2,097
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 | €150,488 | €181,533 | +€31,045 | +20.6% |
| Fixed assets | 21/28 | €60,840 | €49,538 | -€11,302 | -18.6% |
| Tangible fixed assets | 22/27 | €60,840 | €49,538 | -€11,302 | -18.6% |
| Plant, machinery and equipment | 23 | €641 | €2,124 | +€1,483 | +231% |
| Furniture and vehicles | 24 | €60,199 | €47,414 | -€12,785 | -21.2% |
| Current assets | 29/58 | €89,648 | €131,995 | +€42,347 | +47.2% |
| Amounts receivable within one year | 40/41 | €38,310 | €65,809 | +€27,499 | +71.8% |
| Trade receivables | 40 | €9,438 | €12,269 | +€2,831 | +30.0% |
| Other amounts receivable | 41 | €28,872 | €53,540 | +€24,668 | +85.4% |
| Cash at bank and in hand | 54/58 | €48,671 | €63,961 | +€15,290 | +31.4% |
| Deferred charges and accrued income | 490/1 | €2,666 | €2,224 | -€442 | -16.6% |
| Total equity and liabilities | 10/49 | €150,488 | €181,533 | +€31,045 | +20.6% |
| Equity | 10/15 | €85,182 | €123,961 | +€38,779 | +45.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,700 | €117,400 | +€38,700 | +49.2% |
| Distributable reserves | 133 | €78,700 | €117,400 | +€38,700 | +49.2% |
| Profit (loss) carried forward | 14 | €282 | €361 | +€79 | +28.2% |
| Amounts payable | 17/49 | €65,306 | €57,571 | -€7,734 | -11.8% |
| Amounts payable after more than one year | 17 | €39,236 | €29,589 | -€9,647 | -24.6% |
| Financial debts | 170/4 | €39,236 | €29,589 | -€9,647 | -24.6% |
| Amounts payable within one year | 42/48 | €25,685 | €27,597 | +€1,912 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €13,363 | €10,570 | -€2,793 | -20.9% |
| Trade debts | 44 | €1,477 | €1,968 | +€492 | +33.3% |
| Suppliers | 440/4 | €1,477 | €1,968 | +€492 | +33.3% |
| Taxes, remuneration and social security | 45 | €8,845 | €15,059 | +€6,214 | +70.3% |
| Taxes | 450/3 | €8,845 | €15,059 | +€6,214 | +70.3% |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Accrued charges and deferred income | 492/3 | €384 | €384 | = | 0.0% |
| Non-recurring operating income | 76A | €12,007 | - | -€12,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,078 | €13,637 | +€9,559 | +234% |
| Other operating charges | 640/8 | €748 | €782 | +€33 | +4.4% |
| Non-recurring operating charges | 66A | €106 | - | -€106 | |
| Gross operating margin | 9900 | €48,219 | €73,584 | +€25,365 | +52.6% |
| Operating profit (loss) | 9901 | €43,286 | €59,166 | +€15,879 | +36.7% |
| Financial income | 75/76B | €810 | €1,245 | +€434 | +53.6% |
| Recurring financial income | 75 | €810 | €1,245 | +€434 | +53.6% |
| Financial charges | 65/66B | €1,052 | €2,097 | +€1,046 | +99.4% |
| Recurring financial charges | 65 | €1,052 | €2,097 | +€1,046 | +99.4% |
| Profit (loss) for the period before taxes | 9903 | €43,045 | €58,313 | +€15,268 | +35.5% |
| Income taxes | 67/77 | €11,025 | €19,533 | +€8,509 | +77.2% |
| Profit (loss) for the period | 9904 | €32,020 | €38,779 | +€6,759 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,020 | €38,779 | +€6,759 | +21.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.