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REFRIGERATION Guyaux: what changed

Two fiscal 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.

What changed

REFRIGERATION Guyaux

BE 0597.794.073
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€7,303
2023 · €1,852-€9,155
Equity
€86,823
2023 · €94,126-€7,303
Cash
€68,266
2023 · €82,992-€14,726
Balance sheet total
€119,972
2023 · €129,899-€9,927

Largest movements

2023 to 2024
Assets
  • Cash -€14,726

    down €14,726 (-17.7%), from €82,992 to €68,266

    mainly Current portion of long-term debt (-€8,316) and Net result for the year (-€7,303)

  • Receivables within one year +€6,893

    up €6,893 (+38.1%), from €18,077 to €24,970

    of which Other amounts receivable: +€6,855

  • Tangible fixed assets -€5,139

    down €5,139 (-33.9%), from €15,145 to €10,006

    of which Furniture and vehicles: -€4,820

  • Stocks and contracts +€2,337

    up €2,337 (+30.6%), from €7,640 to €9,977

Equity and liabilities
  • Current portion of long-term debt -€8,316

    down €8,316 (-95.1%), from €8,744 to €427

  • Profit (loss) carried forward -€7,303

    down €7,303 (-13.4%), from €54,666 to €47,363

  • Tax, wage and social debts +€3,572

    up €3,572 (+6712.6%), from €53 to €3,625

    of which Remuneration and social security: +€3,600

  • Other debts +€1,476

    up €1,476 (+9.4%), from €15,632 to €17,108

Income statement
  • Gross operating margin -€12,545

    down €12,545, from €12,448 to -€97

  • Other operating charges -€1,926

    down €1,926 (-58.3%), from €3,302 to €1,376

  • Taxes -€1,829

    down €1,829 (-88.0%), from €2,078 to €250

  • Write-downs +€576

    no longer reported in 2024 (was -€576)

  • Financial charges -€197

    down €197 (-37.3%), from €526 to €330

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €1,852
Gross operating margin -€12,545
Depreciation +€90
Write-downs -€576
Other operating charges +€1,926
Financial income -€76
Financial charges +€197
Taxes +€1,829
Result 2024 -€7,303

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€6,403
Investment €0
Financing -€8,322
Cash 2023 €82,992
Net result for the year -€7,303
Depreciation +€5,251
Stocks and contracts -€2,337
Receivables within one year -€6,893
Deferred charges and accrued income -€820
Trade debts +€1,013
Tax, wage and social debts +€3,572
Other debts +€1,476
Accrued charges and deferred income -€362
Current portion of long-term debt -€8,316
Short-term financial debts -€6
Cash 2024 €68,266
Every line side by side 48 lines
Line Code 2023 2024 Change %
Total assets 20/58 €129,899 €119,972 -€9,927 -7.6%
Fixed assets 21/28 €16,807 €11,556 -€5,251 -31.2%
Intangible fixed assets 21 €504 €392 -€112 -22.2%
Tangible fixed assets 22/27 €15,145 €10,006 -€5,139 -33.9%
Plant, machinery and equipment 23 €859 €540 -€319 -37.1%
Furniture and vehicles 24 €14,285 €9,465 -€4,820 -33.7%
Financial fixed assets 28 €1,159 €1,159 = 0.0%
Current assets 29/58 €113,092 €108,416 -€4,676 -4.1%
Stocks and contracts in progress 3 €7,640 €9,977 +€2,337 +30.6%
Stocks 30/36 €7,640 €9,977 +€2,337 +30.6%
Amounts receivable within one year 40/41 €18,077 €24,970 +€6,893 +38.1%
Trade receivables 40 €13,785 €13,822 +€37 +0.3%
Other amounts receivable 41 €4,293 €11,148 +€6,855 +159.7%
Cash at bank and in hand 54/58 €82,992 €68,266 -€14,726 -17.7%
Deferred charges and accrued income 490/1 €4,383 €5,203 +€820 +18.7%
Total equity and liabilities 10/49 €129,899 €119,972 -€9,927 -7.6%
Equity 10/15 €94,126 €86,823 -€7,303 -7.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €20,860 €20,860 = 0.0%
Distributable reserves 133 €20,860 €20,860 = 0.0%
Profit (loss) carried forward 14 €54,666 €47,363 -€7,303 -13.4%
Amounts payable 17/49 €35,773 €33,149 -€2,624 -7.3%
Amounts payable after more than one year 17 €0 - =
Financial debts 170/4 €0 - =
Amounts payable within one year 42/48 €35,411 €33,149 -€2,262 -6.4%
Current portion of amounts payable after more than one year 42 €8,744 €427 -€8,316 -95.1%
Financial debts 43 €6 - -€6
Credit institutions 430/8 €6 - -€6
Trade debts 44 €10,976 €11,989 +€1,013 +9.2%
Suppliers 440/4 €10,976 €11,989 +€1,013 +9.2%
Taxes, remuneration and social security 45 €53 €3,625 +€3,572 +6712.6%
Taxes 450/3 €53 €25 -€28 -53.0%
Remuneration and social security 454/9 €0 €3,600 +€3,600
Other amounts payable 47/48 €15,632 €17,108 +€1,476 +9.4%
Accrued charges and deferred income 492/3 €362 - -€362
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,341 €5,251 -€90 -1.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 -€576 - +€576
Other operating charges 640/8 €3,302 €1,376 -€1,926 -58.3%
Gross operating margin 9900 €12,448 -€97 -€12,545
Operating profit (loss) 9901 €4,381 -€6,724 -€11,104
Financial income 75/76B €76 €0 -€76 -99.6%
Recurring financial income 75 €76 €0 -€76 -99.6%
Financial charges 65/66B €526 €330 -€197 -37.3%
Recurring financial charges 65 €526 €330 -€197 -37.3%
Profit (loss) for the period before taxes 9903 €3,930 -€7,053 -€10,984
Income taxes 67/77 €2,078 €250 -€1,829 -88.0%
Profit (loss) for the period 9904 €1,852 -€7,303 -€9,155
Profit (loss) for the period to be appropriated 9905 €1,852 -€7,303 -€9,155

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.