BLUE LINES GPC: 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.
BLUE LINES GPC
Largest movements
- Cash +€75,859
up €75,859 (+415%), from €18,258 to €94,117
mainly Depreciation (+€62,665) and Other debts (+€51,652)
- Tangible fixed assets -€62,665
down €62,665 (-11.5%), from €542,827 to €480,162
of which Land and buildings: -€61,634
- Receivables within one year +€22,149
up €22,149 (+23.2%), from €95,513 to €117,662
of which Trade receivables: +€17,134
- Other debts +€51,652
up €51,652 (+10.1%), from €510,331 to €561,983
- Tax, wage and social debts -€32,775
no longer reported in 2025 (was €32,775)
- Profit (loss) carried forward +€22,526
up €22,526 (+35.6%), from -€63,351 to -€40,825
- Gross operating margin +€102,037
up €102,037 (+625%), from €16,339 to €118,376
- Turnover +€77,066
up €77,066 (+113%), from €67,928 to €144,994
- Taxes -€30,669
new in 2025: -€30,669
- Purchases and services -€23,775
down €23,775 (-46.1%), from €51,589 to €27,814
- Other operating charges +€16,244
up €16,244 (+3,308%), from €491 to €16,735
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 | €656,598 | €691,942 | +€35,344 | +5.4% |
| Fixed assets | 21/28 | €542,827 | €480,162 | -€62,665 | -11.5% |
| Tangible fixed assets | 22/27 | €542,827 | €480,162 | -€62,665 | -11.5% |
| Land and buildings | 22 | €539,692 | €478,058 | -€61,634 | -11.4% |
| Plant, machinery and equipment | 23 | €3,135 | €2,104 | -€1,031 | -32.9% |
| Current assets | 29/58 | €113,771 | €211,779 | +€98,008 | +86.1% |
| Amounts receivable within one year | 40/41 | €95,513 | €117,662 | +€22,149 | +23.2% |
| Trade receivables | 40 | €95,513 | €112,647 | +€17,134 | +17.9% |
| Other amounts receivable | 41 | - | €5,015 | +€5,015 | |
| Cash at bank and in hand | 54/58 | €18,258 | €94,117 | +€75,859 | +415% |
| Total equity and liabilities | 10/49 | €656,598 | €691,942 | +€35,344 | +5.4% |
| Equity | 10/15 | €46,649 | €69,175 | +€22,526 | +48.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,351 | -€40,825 | +€22,526 | +35.6% |
| Amounts payable | 17/49 | €609,949 | €622,767 | +€12,818 | +2.1% |
| Amounts payable within one year | 42/48 | €609,949 | €622,767 | +€12,818 | +2.1% |
| Trade debts | 44 | €66,843 | €60,784 | -€6,059 | -9.1% |
| Suppliers | 440/4 | €66,843 | €60,784 | -€6,059 | -9.1% |
| Taxes, remuneration and social security | 45 | €32,775 | - | -€32,775 | |
| Taxes | 450/3 | €32,775 | - | -€32,775 | |
| Other amounts payable | 47/48 | €510,331 | €561,983 | +€51,652 | +10.1% |
| Turnover | 70 | €67,928 | €144,994 | +€77,066 | +113% |
| Non-recurring operating income | 76A | - | €1,196 | +€1,196 | |
| Goods, raw materials, services and sundry goods | 60/61 | €51,589 | €27,814 | -€23,775 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,023 | €62,665 | +€1,642 | +2.7% |
| Other operating charges | 640/8 | €491 | €16,735 | +€16,244 | +3,308% |
| Non-recurring operating charges | 66A | - | €19,674 | +€19,674 | |
| Gross operating margin | 9900 | €16,339 | €118,376 | +€102,037 | +625% |
| Operating profit (loss) | 9901 | -€45,175 | €19,303 | +€64,478 | |
| Financial charges | 65/66B | €22,581 | €27,446 | +€4,865 | +21.5% |
| Recurring financial charges | 65 | €22,581 | €27,446 | +€4,865 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | -€67,756 | -€8,143 | +€59,613 | +88.0% |
| Income taxes | 67/77 | - | -€30,669 | -€30,669 | |
| Profit (loss) for the period | 9904 | -€67,756 | €22,526 | +€90,282 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,756 | €22,526 | +€90,282 |
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 30 October 2026 via checked.be.