LA GUENETTE: 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 GUENETTE
Largest movements
- Tangible fixed assets +€5,474
up €5,474 (+9.3%), from €59,009 to €64,483
of which Plant, machinery and equipment: +€13,420
- Receivables within one year -€4,302
down €4,302 (-18.3%), from €23,459 to €19,157
of which Trade receivables: -€6,821
- Cash -€2,507
down €2,507 (-36.5%), from €6,873 to €4,367
mainly Investment in fixed assets (net) (-€18,000) and Other debts (-€16,217)
- Other debts -€16,217
down €16,217 (-38.6%), from €41,977 to €25,760
- Debts after one year +€8,539
new in 2025: €8,539
- Current portion of long-term debt +€4,876
new in 2025: €4,876
- Profit (loss) carried forward +€2,255
up €2,255 (+13.9%), from €16,178 to €18,433
- Trade debts -€1,149
down €1,149 (-15.0%), from €7,656 to €6,507
- Gross operating margin -€16,025
down €16,025 (-43.7%), from €36,668 to €20,643
- Other operating charges -€13,694
down €13,694 (-84.8%), from €16,155 to €2,461
- Depreciation -€3,852
down €3,852 (-23.5%), from €16,378 to €12,526
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 | €89,342 | €88,007 | -€1,335 | -1.5% |
| Fixed assets | 21/28 | €59,009 | €64,483 | +€5,474 | +9.3% |
| Tangible fixed assets | 22/27 | €59,009 | €64,483 | +€5,474 | +9.3% |
| Land and buildings | 22 | €50,308 | €44,683 | -€5,625 | -11.2% |
| Plant, machinery and equipment | 23 | €5,526 | €18,946 | +€13,420 | +243% |
| Furniture and vehicles | 24 | €3,175 | €854 | -€2,321 | -73.1% |
| Current assets | 29/58 | €30,332 | €23,524 | -€6,809 | -22.4% |
| Amounts receivable within one year | 40/41 | €23,459 | €19,157 | -€4,302 | -18.3% |
| Trade receivables | 40 | €22,234 | €15,413 | -€6,821 | -30.7% |
| Other amounts receivable | 41 | €1,225 | €3,744 | +€2,519 | +206% |
| Cash at bank and in hand | 54/58 | €6,873 | €4,367 | -€2,507 | -36.5% |
| Total equity and liabilities | 10/49 | €89,342 | €88,007 | -€1,335 | -1.5% |
| Equity | 10/15 | €34,790 | €37,045 | +€2,255 | +6.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €12,415 | €12,415 | = | 0.0% |
| Non-distributable reserves | 130/1 | €505 | €505 | = | 0.0% |
| Reserves not available under the articles | 1311 | €505 | €505 | = | 0.0% |
| Distributable reserves | 133 | €11,910 | €11,910 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,178 | €18,433 | +€2,255 | +13.9% |
| Amounts payable | 17/49 | €54,552 | €50,961 | -€3,590 | -6.6% |
| Amounts payable after more than one year | 17 | - | €8,539 | +€8,539 | |
| Financial debts | 170/4 | - | €8,539 | +€8,539 | |
| Amounts payable within one year | 42/48 | €54,552 | €42,423 | -€12,129 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | - | €4,876 | +€4,876 | |
| Trade debts | 44 | €7,656 | €6,507 | -€1,149 | -15.0% |
| Suppliers | 440/4 | €7,656 | €6,507 | -€1,149 | -15.0% |
| Taxes, remuneration and social security | 45 | €4,918 | €5,279 | +€361 | +7.3% |
| Taxes | 450/3 | €4,918 | €5,279 | +€361 | +7.3% |
| Other amounts payable | 47/48 | €41,977 | €25,760 | -€16,217 | -38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,378 | €12,526 | -€3,852 | -23.5% |
| Other operating charges | 640/8 | €16,155 | €2,461 | -€13,694 | -84.8% |
| Gross operating margin | 9900 | €36,668 | €20,643 | -€16,025 | -43.7% |
| Operating profit (loss) | 9901 | €4,135 | €5,655 | +€1,520 | +36.8% |
| Financial income | 75/76B | €0 | €5 | +€5 | +9,900% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +9,900% |
| Financial charges | 65/66B | €626 | €813 | +€187 | +29.9% |
| Recurring financial charges | 65 | €626 | €813 | +€187 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €3,509 | €4,847 | +€1,338 | +38.1% |
| Income taxes | 67/77 | €2,687 | €2,592 | -€95 | -3.6% |
| Profit (loss) for the period | 9904 | €822 | €2,255 | +€1,433 | +174% |
| Profit (loss) for the period to be appropriated | 9905 | €822 | €2,255 | +€1,433 | +174% |
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.