La Branche de Gui: 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.
La Branche de Gui
Largest movements
- Cash -€9,667
down €9,667 (-90.8%), from €10,645 to €978
mainly Investment in fixed assets (net) (-€17,841) and Debts after one year (-€12,465)
- Tangible fixed assets +€7,051
up €7,051 (+39.5%), from €17,838 to €24,890
- Intangible fixed assets -€5,850
down €5,850 (-19.8%), from €29,616 to €23,766
- Receivables within one year +€2,593
up €2,593 (+14.3%), from €18,115 to €20,708
of which Other amounts receivable: +€4,986
- Profit (loss) carried forward +€18,240
up €18,240 (+109%), from €16,730 to €34,970
- Debts after one year -€12,465
down €12,465 (-59.5%), from €20,950 to €8,485
- Trade debts -€8,418
down €8,418 (-96.6%), from €8,718 to €300
- Other debts -€4,030
down €4,030 (-46.0%), from €8,753 to €4,723
- Short-term financial debts +€1,733
new in 2025: €1,733
- Gross operating margin +€32,196
up €32,196 (+123%), from €26,124 to €58,320
- Staff costs +€13,191
up €13,191 (+554%), from €2,381 to €15,572
- Taxes +€5,456
up €5,456 (+282%), from €1,936 to €7,392
- Depreciation +€3,118
up €3,118 (+23.1%), from €13,521 to €16,639
- Other operating charges -€1,769
down €1,769 (-67.8%), from €2,611 to €841
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 | €78,058 | €72,305 | -€5,753 | -7.4% |
| Fixed assets | 21/28 | €47,454 | €48,656 | +€1,202 | +2.5% |
| Intangible fixed assets | 21 | €29,616 | €23,766 | -€5,850 | -19.8% |
| Tangible fixed assets | 22/27 | €17,838 | €24,890 | +€7,051 | +39.5% |
| Furniture and vehicles | 24 | €17,838 | €24,890 | +€7,051 | +39.5% |
| Current assets | 29/58 | €30,603 | €23,649 | -€6,954 | -22.7% |
| Amounts receivable within one year | 40/41 | €18,115 | €20,708 | +€2,593 | +14.3% |
| Trade receivables | 40 | €11,077 | €8,684 | -€2,393 | -21.6% |
| Other amounts receivable | 41 | €7,038 | €12,024 | +€4,986 | +70.8% |
| Cash at bank and in hand | 54/58 | €10,645 | €978 | -€9,667 | -90.8% |
| Deferred charges and accrued income | 490/1 | €1,843 | €1,963 | +€120 | +6.5% |
| Total equity and liabilities | 10/49 | €78,058 | €72,305 | -€5,753 | -7.4% |
| Equity | 10/15 | €16,731 | €34,971 | +€18,240 | +109% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,730 | €34,970 | +€18,240 | +109% |
| Amounts payable | 17/49 | €61,326 | €37,333 | -€23,993 | -39.1% |
| Amounts payable after more than one year | 17 | €20,950 | €8,485 | -€12,465 | -59.5% |
| Financial debts | 170/4 | €20,950 | €8,485 | -€12,465 | -59.5% |
| Amounts payable within one year | 42/48 | €40,376 | €28,849 | -€11,527 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €13,000 | €12,466 | -€535 | -4.1% |
| Financial debts | 43 | - | €1,733 | +€1,733 | |
| Credit institutions | 430/8 | - | €1,733 | +€1,733 | |
| Trade debts | 44 | €8,718 | €300 | -€8,418 | -96.6% |
| Suppliers | 440/4 | €8,718 | €300 | -€8,418 | -96.6% |
| Taxes, remuneration and social security | 45 | €9,905 | €9,627 | -€277 | -2.8% |
| Taxes | 450/3 | €8,919 | €8,893 | -€26 | -0.3% |
| Remuneration and social security | 454/9 | €986 | €735 | -€252 | -25.5% |
| Other amounts payable | 47/48 | €8,753 | €4,723 | -€4,030 | -46.0% |
| Remuneration, social security and pensions | 62 | €2,381 | €15,572 | +€13,191 | +554% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,521 | €16,639 | +€3,118 | +23.1% |
| Other operating charges | 640/8 | €2,611 | €841 | -€1,769 | -67.8% |
| Gross operating margin | 9900 | €26,124 | €58,320 | +€32,196 | +123% |
| Operating profit (loss) | 9901 | €7,611 | €25,267 | +€17,656 | +232% |
| Financial income | 75/76B | €632 | €653 | +€20 | +3.2% |
| Recurring financial income | 75 | €632 | €653 | +€20 | +3.2% |
| Financial charges | 65/66B | €1,145 | €287 | -€858 | -74.9% |
| Recurring financial charges | 65 | €1,145 | €287 | -€858 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €7,099 | €25,633 | +€18,534 | +261% |
| Income taxes | 67/77 | €1,936 | €7,392 | +€5,456 | +282% |
| Profit (loss) for the period | 9904 | €5,162 | €18,240 | +€13,078 | +253% |
| Profit (loss) for the period to be appropriated | 9905 | €5,162 | €18,240 | +€13,078 | +253% |
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 25 October 2026 via checked.be.