GUMA: what changed
GUMA
Largest movements
- Current investments -€7,137
down €7,137 (-6.7%), from €106,006 to €98,869
- Cash +€5,712
up €5,712 (+13.8%), from €41,318 to €47,030
mainly Current investments (+€7,137) and Receivables within one year (+€40)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€13,687
down €13,687 (-93.5%), from €14,639 to €952
- Gross operating margin -€957
down €957, from €494 to -€463
- Financial charges +€512
up €512 (+97.8%), from €524 to €1,036
- Taxes -€225
down €225 (-54.9%), from €409 to €185
- Other operating charges +€14
up €14 (+2.8%), from €505 to €520
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,362 | €146,919 | -€1,443 | -1.0% |
| Current assets | 29/58 | €148,362 | €146,919 | -€1,443 | -1.0% |
| Amounts receivable within one year | 40/41 | €40 | - | -€40 | |
| Trade receivables | 40 | €40 | - | -€40 | |
| Current investments | 50/53 | €106,006 | €98,869 | -€7,137 | -6.7% |
| Cash at bank and in hand | 54/58 | €41,318 | €47,030 | +€5,712 | +13.8% |
| Deferred charges and accrued income | 490/1 | €998 | €1,021 | +€22 | +2.2% |
| Total equity and liabilities | 10/49 | €148,362 | €146,919 | -€1,443 | -1.0% |
| Equity | 10/15 | €147,031 | €145,780 | -€1,251 | -0.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €55,534 | €55,534 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €49,334 | €49,334 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,497 | €28,246 | -€1,251 | -4.2% |
| Amounts payable | 17/49 | €1,331 | €1,139 | -€191 | -14.4% |
| Amounts payable within one year | 42/48 | €1,331 | €1,139 | -€191 | -14.4% |
| Taxes, remuneration and social security | 45 | €504 | €352 | -€152 | -30.1% |
| Taxes | 450/3 | €504 | €352 | -€152 | -30.1% |
| Other amounts payable | 47/48 | €827 | €787 | -€40 | -4.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €494 | -€463 | -€957 | |
| Operating profit (loss) | 9901 | -€11 | -€983 | -€972 | -8,932% |
| Financial income | 75/76B | €14,639 | €952 | -€13,687 | -93.5% |
| Recurring financial income | 75 | €14,639 | €952 | -€13,687 | -93.5% |
| Financial charges | 65/66B | €524 | €1,036 | +€512 | +97.8% |
| Recurring financial charges | 65 | €524 | €1,036 | +€512 | +97.8% |
| Profit (loss) for the period before taxes | 9903 | €14,104 | -€1,067 | -€15,171 | |
| Income taxes | 67/77 | €409 | €185 | -€225 | -54.9% |
| Profit (loss) for the period | 9904 | €13,695 | -€1,251 | -€14,946 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,695 | -€1,251 | -€14,946 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.