theGuild: 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.
theGuild
Largest movements
- Receivables within one year -€27,024
down €27,024 (-91.0%), from €29,682 to €2,658
of which Trade receivables: -€27,714
- Cash -€10,770
down €10,770 (-21.4%), from €50,397 to €39,626
mainly Tax, wage and social debts (-€30,019) and Net result for the year (-€29,062)
- Tangible fixed assets +€7,667
new in 2026: €7,667
- Tax, wage and social debts -€30,019
down €30,019 (-96.6%), from €31,083 to €1,064
of which Taxes: -€25,661
- Profit (loss) carried forward -€29,062
down €29,062, from €1,387 to -€27,675
- Other debts +€19,316
up €19,316 (+390.0%), from €4,953 to €24,269
- Trade debts +€8,291
up €8,291 (+211.0%), from €3,930 to €12,222
- Gross operating margin -€60,486
down €60,486, from €33,786 to -€26,700
- Taxes -€9,409
down €9,409 (-95.9%), from €9,814 to €405
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,813 | €51,340 | -€31,473 | -38.0% |
| Fixed assets | 21/28 | €691 | €7,667 | +€6,976 | +1009.8% |
| Intangible fixed assets | 21 | €691 | €0 | -€691 | -100.0% |
| Tangible fixed assets | 22/27 | - | €7,667 | +€7,667 | |
| Furniture and vehicles | 24 | - | €7,667 | +€7,667 | |
| Current assets | 29/58 | €82,122 | €43,673 | -€38,449 | -46.8% |
| Amounts receivable within one year | 40/41 | €29,682 | €2,658 | -€27,024 | -91.0% |
| Trade receivables | 40 | €29,682 | €1,968 | -€27,714 | -93.4% |
| Other amounts receivable | 41 | - | €690 | +€690 | |
| Cash at bank and in hand | 54/58 | €50,397 | €39,626 | -€10,770 | -21.4% |
| Deferred charges and accrued income | 490/1 | €2,044 | €1,388 | -€655 | -32.1% |
| Total equity and liabilities | 10/49 | €82,813 | €51,340 | -€31,473 | -38.0% |
| Equity | 10/15 | €42,847 | €13,785 | -€29,062 | -67.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,860 | €22,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,387 | -€27,675 | -€29,062 | |
| Amounts payable | 17/49 | €39,966 | €37,554 | -€2,412 | -6.0% |
| Amounts payable within one year | 42/48 | €39,966 | €37,554 | -€2,412 | -6.0% |
| Trade debts | 44 | €3,930 | €12,222 | +€8,291 | +211.0% |
| Suppliers | 440/4 | €3,930 | €12,222 | +€8,291 | +211.0% |
| Taxes, remuneration and social security | 45 | €31,083 | €1,064 | -€30,019 | -96.6% |
| Taxes | 450/3 | €26,725 | €1,064 | -€25,661 | -96.0% |
| Remuneration and social security | 454/9 | €4,358 | €0 | -€4,358 | -100.0% |
| Other amounts payable | 47/48 | €4,953 | €24,269 | +€19,316 | +390.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €902 | €924 | +€22 | +2.4% |
| Other operating charges | 640/8 | €1,161 | €827 | -€334 | -28.8% |
| Gross operating margin | 9900 | €33,786 | -€26,700 | -€60,486 | |
| Operating profit (loss) | 9901 | €31,723 | -€28,450 | -€60,174 | |
| Financial income | 75/76B | €8 | €0 | -€8 | -100.0% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100.0% |
| Financial charges | 65/66B | €337 | €206 | -€131 | -38.9% |
| Recurring financial charges | 65 | €337 | €206 | -€131 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €31,394 | -€28,657 | -€60,050 | |
| Income taxes | 67/77 | €9,814 | €405 | -€9,409 | -95.9% |
| Profit (loss) for the period | 9904 | €21,580 | -€29,062 | -€50,642 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,580 | -€29,062 | -€50,642 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.