KRISTEL GUEUDRÉ: what changed
KRISTEL GUEUDRÉ
Largest movements
- Deferred charges and accrued income +€27,001
up €27,001 (+40.1%), from €67,294 to €94,295
- Cash +€10,101
up €10,101 (+28.6%), from €35,288 to €45,389
mainly Net result for the year (+€47,241) and Other debts (+€34,600)
- Receivables within one year -€5,868
down €5,868 (-100%), from €5,868 to €0
of which Other amounts receivable: -€5,868
- Other debts +€34,600
up €34,600 (+245%), from €14,096 to €48,696
- Reserves -€22,000
down €22,000 (-25.0%), from €87,860 to €65,860
of which Distributable reserves: -€22,000
- Tax, wage and social debts +€14,458
up €14,458 (+224%), from €6,458 to €20,916
of which Taxes: +€16,660
- Profit (loss) carried forward +€7,241
up €7,241 (+18.3%), from €39,544 to €46,785
- Trade debts +€7,185
up €7,185 (+258%), from €2,782 to €9,967
- Gross operating margin +€41,008
up €41,008 (+75.0%), from €54,674 to €95,682
- Taxes +€12,377
up €12,377 (+85.8%), from €14,426 to €26,803
- Other operating charges +€2,069
up €2,069 (+132%), from €1,564 to €3,633
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,206 | €207,782 | +€32,576 | +18.6% |
| Fixed assets | 21/28 | €66,757 | €68,098 | +€1,341 | +2.0% |
| Tangible fixed assets | 22/27 | €66,677 | €68,018 | +€1,341 | +2.0% |
| Land and buildings | 22 | €32,729 | €44,303 | +€11,574 | +35.4% |
| Plant, machinery and equipment | 23 | €202 | €0 | -€202 | -100% |
| Furniture and vehicles | 24 | €33,747 | €23,716 | -€10,031 | -29.7% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €108,449 | €139,683 | +€31,234 | +28.8% |
| Amounts receivable within one year | 40/41 | €5,868 | €0 | -€5,868 | -100% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €5,868 | - | -€5,868 | |
| Cash at bank and in hand | 54/58 | €35,288 | €45,389 | +€10,101 | +28.6% |
| Deferred charges and accrued income | 490/1 | €67,294 | €94,295 | +€27,001 | +40.1% |
| Total equity and liabilities | 10/49 | €175,206 | €207,782 | +€32,576 | +18.6% |
| Equity | 10/15 | €139,804 | €125,045 | -€14,759 | -10.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €87,860 | €65,860 | -€22,000 | -25.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €86,000 | €64,000 | -€22,000 | -25.6% |
| Profit (loss) carried forward | 14 | €39,544 | €46,785 | +€7,241 | +18.3% |
| Amounts payable | 17/49 | €35,402 | €82,736 | +€47,335 | +134% |
| Amounts payable after more than one year | 17 | €3,157 | - | -€3,157 | |
| Financial debts | 170/4 | €3,157 | - | -€3,157 | |
| Amounts payable within one year | 42/48 | €32,244 | €82,736 | +€50,492 | +157% |
| Current portion of amounts payable after more than one year | 42 | €8,908 | €3,157 | -€5,750 | -64.6% |
| Trade debts | 44 | €2,782 | €9,967 | +€7,185 | +258% |
| Suppliers | 440/4 | €2,782 | €9,967 | +€7,185 | +258% |
| Taxes, remuneration and social security | 45 | €6,458 | €20,916 | +€14,458 | +224% |
| Taxes | 450/3 | €4,256 | €20,916 | +€16,660 | +391% |
| Remuneration and social security | 454/9 | €2,202 | - | -€2,202 | |
| Other amounts payable | 47/48 | €14,096 | €48,696 | +€34,600 | +245% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,809 | €17,848 | +€39 | +0.2% |
| Other operating charges | 640/8 | €1,564 | €3,633 | +€2,069 | +132% |
| Gross operating margin | 9900 | €54,674 | €95,682 | +€41,008 | +75.0% |
| Operating profit (loss) | 9901 | €35,301 | €74,201 | +€38,900 | +110% |
| Financial income | 75/76B | €232 | €362 | +€129 | +55.7% |
| Recurring financial income | 75 | €232 | €362 | +€129 | +55.7% |
| Financial charges | 65/66B | €929 | €519 | -€410 | -44.2% |
| Recurring financial charges | 65 | €929 | €519 | -€410 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €34,605 | €74,044 | +€39,440 | +114% |
| Income taxes | 67/77 | €14,426 | €26,803 | +€12,377 | +85.8% |
| Profit (loss) for the period | 9904 | €20,179 | €47,241 | +€27,062 | +134% |
| Profit (loss) for the period to be appropriated | 9905 | €20,179 | €47,241 | +€27,062 | +134% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.