RENE VAN GUYSE: 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.
RENE VAN GUYSE
Largest movements
- Current investments -€200,000
down €200,000 (-40.0%), from €500,000 to €300,000
- Tangible fixed assets +€159,322
up €159,322 (+61.6%), from €258,492 to €417,813
of which Land and buildings: +€161,873
- Cash +€46,704
up €46,704 (+73.1%), from €63,932 to €110,636
mainly Current investments (+€200,000) and Depreciation (+€71,121)
- Profit (loss) carried forward +€9,916
up €9,916 (+6.5%), from -€153,165 to -€143,249
- Depreciation +€4,682
up €4,682 (+7.0%), from €66,439 to €71,121
- Financial income -€1,334
down €1,334 (-11.2%), from €11,888 to €10,554
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 | €831,278 | €840,627 | +€9,348 | +1.1% |
| Fixed assets | 21/28 | €258,492 | €417,813 | +€159,322 | +61.6% |
| Tangible fixed assets | 22/27 | €258,492 | €417,813 | +€159,322 | +61.6% |
| Land and buildings | 22 | €255,940 | €417,813 | +€161,873 | +63.2% |
| Plant, machinery and equipment | 23 | €2,551 | €0 | -€2,551 | -100% |
| Current assets | 29/58 | €572,787 | €422,813 | -€149,973 | -26.2% |
| Amounts receivable within one year | 40/41 | €3,564 | €6,730 | +€3,166 | +88.8% |
| Other amounts receivable | 41 | €3,564 | €6,730 | +€3,166 | +88.8% |
| Current investments | 50/53 | €500,000 | €300,000 | -€200,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €63,932 | €110,636 | +€46,704 | +73.1% |
| Deferred charges and accrued income | 490/1 | €5,291 | €5,447 | +€156 | +2.9% |
| Total equity and liabilities | 10/49 | €831,278 | €840,627 | +€9,348 | +1.1% |
| Equity | 10/15 | €801,335 | €811,251 | +€9,916 | +1.2% |
| Contributions | 10/11 | €954,500 | €954,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€153,165 | -€143,249 | +€9,916 | +6.5% |
| Amounts payable | 17/49 | €29,943 | €29,376 | -€567 | -1.9% |
| Amounts payable within one year | 42/48 | €27,453 | €27,436 | -€17 | -0.1% |
| Trade debts | 44 | €0 | €400 | +€400 | |
| Suppliers | 440/4 | €0 | €400 | +€400 | |
| Other amounts payable | 47/48 | €27,453 | €27,036 | -€417 | -1.5% |
| Accrued charges and deferred income | 492/3 | €2,490 | €1,940 | -€550 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,439 | €71,121 | +€4,682 | +7.0% |
| Other operating charges | 640/8 | €21,778 | €22,459 | +€681 | +3.1% |
| Gross operating margin | 9900 | €95,883 | €94,926 | -€956 | -1.0% |
| Operating profit (loss) | 9901 | €7,666 | €1,346 | -€6,319 | -82.4% |
| Financial income | 75/76B | €11,888 | €10,554 | -€1,334 | -11.2% |
| Recurring financial income | 75 | €11,888 | €10,554 | -€1,334 | -11.2% |
| Financial charges | 65/66B | €2,437 | €1,985 | -€452 | -18.5% |
| Recurring financial charges | 65 | €2,437 | €1,985 | -€452 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €17,117 | €9,916 | -€7,202 | -42.1% |
| Profit (loss) for the period | 9904 | €17,117 | €9,916 | -€7,202 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,117 | €9,916 | -€7,202 | -42.1% |
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 14 October 2026 via checked.be.