GUIFTAR: what changed
GUIFTAR
Largest movements
- Tangible fixed assets -€11,699
down €11,699 (-60.9%), from €19,215 to €7,517
of which Furniture and vehicles: -€12,798
- Receivables within one year +€8,066
up €8,066 (+47.0%), from €17,150 to €25,216
of which Other amounts receivable: +€16,025
- Cash +€510
up €510 (+3.5%), from €14,608 to €15,118
mainly Net result for the year (+€20,718) and Other debts (+€11,000)
- Other debts +€11,000
up €11,000 (+78.6%), from €14,000 to €25,000
- Trade debts -€9,700
no longer reported in 2022 (was €9,700)
- Profit (loss) carried forward -€4,282
down €4,282 (-56.9%), from €7,530 to €3,248
- Gross operating margin +€11,011
up €11,011 (+47.7%), from €23,089 to €34,099
- Depreciation -€1,213
down €1,213 (-24.6%), from €4,936 to €3,723
- Financial income +€544
up €544 (+13,774%), from €4 to €548
Change in the result, 2021 to 2022
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 2021 and 2022 balance sheets and the 2022 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 | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,974 | €47,992 | -€2,982 | -5.8% |
| Fixed assets | 21/28 | €19,215 | €7,517 | -€11,699 | -60.9% |
| Tangible fixed assets | 22/27 | €19,215 | €7,517 | -€11,699 | -60.9% |
| Plant, machinery and equipment | 23 | - | €1,099 | +€1,099 | |
| Furniture and vehicles | 24 | €19,215 | €6,418 | -€12,798 | -66.6% |
| Current assets | 29/58 | €31,758 | €40,475 | +€8,717 | +27.4% |
| Amounts receivable within one year | 40/41 | €17,150 | €25,216 | +€8,066 | +47.0% |
| Trade receivables | 40 | €7,959 | - | -€7,959 | |
| Other amounts receivable | 41 | €9,191 | €25,216 | +€16,025 | +174% |
| Cash at bank and in hand | 54/58 | €14,608 | €15,118 | +€510 | +3.5% |
| Deferred charges and accrued income | 490/1 | - | €141 | +€141 | |
| Total equity and liabilities | 10/49 | €50,974 | €47,992 | -€2,982 | -5.8% |
| Equity | 10/15 | €26,130 | €21,848 | -€4,282 | -16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,530 | €3,248 | -€4,282 | -56.9% |
| Amounts payable | 17/49 | €24,844 | €26,144 | +€1,300 | +5.2% |
| Amounts payable within one year | 42/48 | €24,844 | €26,144 | +€1,300 | +5.2% |
| Trade debts | 44 | €9,700 | - | -€9,700 | |
| Suppliers | 440/4 | €9,700 | - | -€9,700 | |
| Taxes, remuneration and social security | 45 | €1,144 | €1,144 | = | 0.0% |
| Taxes | 450/3 | €1,144 | €1,144 | = | 0.0% |
| Other amounts payable | 47/48 | €14,000 | €25,000 | +€11,000 | +78.6% |
| Non-recurring operating income | 76A | €6,544 | - | -€6,544 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,936 | €3,723 | -€1,213 | -24.6% |
| Other operating charges | 640/8 | €1,203 | €938 | -€265 | -22.0% |
| Non-recurring operating charges | 66A | - | €9,223 | +€9,223 | |
| Gross operating margin | 9900 | €23,089 | €34,099 | +€11,011 | +47.7% |
| Operating profit (loss) | 9901 | €16,950 | €20,215 | +€3,265 | +19.3% |
| Financial income | 75/76B | €4 | €548 | +€544 | +13,774% |
| Recurring financial income | 75 | €4 | €548 | +€544 | +13,774% |
| Financial charges | 65/66B | €3 | €45 | +€42 | +1,407% |
| Recurring financial charges | 65 | €3 | €45 | +€42 | +1,407% |
| Profit (loss) for the period before taxes | 9903 | €16,951 | €20,718 | +€3,767 | +22.2% |
| Profit (loss) for the period | 9904 | €16,951 | €20,718 | +€3,767 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,951 | €20,718 | +€3,767 | +22.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.