La Guillardine: 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 Guillardine
Largest movements
- Tangible fixed assets -€12,427
down €12,427 (-21.1%), from €58,993 to €46,566
of which Other tangible fixed assets: -€8,258
- Stocks and contracts +€6,193
up €6,193 (+59.4%), from €10,423 to €16,616
- Cash -€4,779
down €4,779 (-15.3%), from €31,309 to €26,530
mainly Net result for the year (-€11,527) and Stocks and contracts (-€6,193)
- Profit (loss) carried forward -€11,527
down €11,527 (-87.8%), from -€13,124 to -€24,651
- Gross operating margin -€7,981
down €7,981 (-54.2%), from €14,713 to €6,732
- Depreciation +€719
up €719 (+4.2%), from €17,044 to €17,763
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 | €103,999 | €93,354 | -€10,645 | -10.2% |
| Fixed assets | 21/28 | €58,993 | €46,566 | -€12,427 | -21.1% |
| Tangible fixed assets | 22/27 | €58,993 | €46,566 | -€12,427 | -21.1% |
| Plant, machinery and equipment | 23 | €9,969 | €8,457 | -€1,511 | -15.2% |
| Furniture and vehicles | 24 | €5,628 | €2,970 | -€2,658 | -47.2% |
| Other tangible fixed assets | 26 | €43,397 | €35,139 | -€8,258 | -19.0% |
| Current assets | 29/58 | €45,005 | €46,788 | +€1,782 | +4.0% |
| Stocks and contracts in progress | 3 | €10,423 | €16,616 | +€6,193 | +59.4% |
| Stocks | 30/36 | €10,423 | €16,616 | +€6,193 | +59.4% |
| Amounts receivable within one year | 40/41 | €2,571 | €2,938 | +€367 | +14.3% |
| Trade receivables | 40 | €2,162 | €1,872 | -€290 | -13.4% |
| Other amounts receivable | 41 | €408 | €1,066 | +€657 | +161% |
| Cash at bank and in hand | 54/58 | €31,309 | €26,530 | -€4,779 | -15.3% |
| Deferred charges and accrued income | 490/1 | €703 | €704 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €103,999 | €93,354 | -€10,645 | -10.2% |
| Equity | 10/15 | €36,315 | €24,788 | -€11,527 | -31.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €9,438 | €9,438 | = | 0.0% |
| Distributable reserves | 133 | €9,438 | €9,438 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,124 | -€24,651 | -€11,527 | -87.8% |
| Amounts payable | 17/49 | €67,684 | €68,566 | +€882 | +1.3% |
| Amounts payable within one year | 42/48 | €67,684 | €68,566 | +€882 | +1.3% |
| Trade debts | 44 | €2,587 | €2,669 | +€82 | +3.2% |
| Suppliers | 440/4 | €2,587 | €2,669 | +€82 | +3.2% |
| Taxes, remuneration and social security | 45 | €4 | - | -€4 | |
| Taxes | 450/3 | €4 | - | -€4 | |
| Other amounts payable | 47/48 | €65,094 | €65,897 | +€803 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,044 | €17,763 | +€719 | +4.2% |
| Other operating charges | 640/8 | €421 | €400 | -€21 | -5.0% |
| Gross operating margin | 9900 | €14,713 | €6,732 | -€7,981 | -54.2% |
| Operating profit (loss) | 9901 | -€2,752 | -€11,431 | -€8,680 | -315% |
| Financial income | 75/76B | €5 | €23 | +€18 | +350% |
| Recurring financial income | 75 | €5 | €23 | +€18 | +350% |
| Financial charges | 65/66B | €170 | €118 | -€52 | -30.5% |
| Recurring financial charges | 65 | €170 | €118 | -€52 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,917 | -€11,527 | -€8,610 | -295% |
| Profit (loss) for the period | 9904 | -€2,917 | -€11,527 | -€8,610 | -295% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,917 | -€11,527 | -€8,610 | -295% |
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 29 October 2026 via checked.be.