D.S. GIPS: 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.
D.S. GIPS
Largest movements
- Tangible fixed assets -€13,236
down €13,236 (-42.6%), from €31,103 to €17,867
of which Furniture and vehicles: -€6,663
- Receivables within one year -€10,125
down €10,125 (-38.3%), from €26,463 to €16,338
of which Trade receivables: -€9,573
- Cash +€9,011
up €9,011 (+62.7%), from €14,375 to €23,386
mainly Depreciation (+€13,236) and Receivables within one year (+€10,125)
- Deferred charges and accrued income +€1,125
up €1,125 (+25.2%), from €4,462 to €5,587
- Trade debts -€9,897
no longer reported in 2025 (was €9,897)
- Debts after one year -€4,570
down €4,570 (-41.8%), from €10,942 to €6,372
- Profit (loss) carried forward -€1,663
down €1,663 (-3.9%), from €42,546 to €40,883
- Other debts +€1,434
up €1,434 (+58.8%), from €2,438 to €3,872
- Tax, wage and social debts +€1,048
up €1,048 (+22.7%), from €4,610 to €5,658
of which Remuneration and social security: +€1,684
- Gross operating margin -€2,965
down €2,965 (-13.5%), from €21,897 to €18,932
- Other operating charges +€968
up €968 (+52.8%), from €1,833 to €2,801
- Taxes -€700
down €700 (-21.6%), from €3,237 to €2,537
- Financial charges -€431
down €431 (-16.7%), from €2,586 to €2,155
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.
Cash bridge derived
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 | €76,580 | €63,355 | -€13,224 | -17.3% |
| Fixed assets | 21/28 | €31,280 | €18,044 | -€13,236 | -42.3% |
| Tangible fixed assets | 22/27 | €31,103 | €17,867 | -€13,236 | -42.6% |
| Plant, machinery and equipment | 23 | €657 | €27 | -€631 | -96.0% |
| Furniture and vehicles | 24 | €10,844 | €4,181 | -€6,663 | -61.4% |
| Leasing and similar rights | 25 | €19,602 | €13,659 | -€5,942 | -30.3% |
| Financial fixed assets | 28 | €177 | €177 | = | 0.0% |
| Current assets | 29/58 | €45,299 | €45,311 | +€11 | 0.0% |
| Amounts receivable within one year | 40/41 | €26,463 | €16,338 | -€10,125 | -38.3% |
| Trade receivables | 40 | €23,791 | €14,218 | -€9,573 | -40.2% |
| Other amounts receivable | 41 | €2,672 | €2,120 | -€552 | -20.6% |
| Cash at bank and in hand | 54/58 | €14,375 | €23,386 | +€9,011 | +62.7% |
| Deferred charges and accrued income | 490/1 | €4,462 | €5,587 | +€1,125 | +25.2% |
| Total equity and liabilities | 10/49 | €76,580 | €63,355 | -€13,224 | -17.3% |
| Equity | 10/15 | €44,546 | €42,883 | -€1,663 | -3.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,546 | €40,883 | -€1,663 | -3.9% |
| Amounts payable | 17/49 | €32,034 | €20,472 | -€11,562 | -36.1% |
| Amounts payable after more than one year | 17 | €10,942 | €6,372 | -€4,570 | -41.8% |
| Financial debts | 170/4 | €10,942 | €6,372 | -€4,570 | -41.8% |
| Amounts payable within one year | 42/48 | €21,092 | €14,100 | -€6,992 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €4,148 | €4,570 | +€422 | +10.2% |
| Trade debts | 44 | €9,897 | - | -€9,897 | |
| Suppliers | 440/4 | €9,897 | - | -€9,897 | |
| Taxes, remuneration and social security | 45 | €4,610 | €5,658 | +€1,048 | +22.7% |
| Taxes | 450/3 | €4,074 | €3,438 | -€636 | -15.6% |
| Remuneration and social security | 454/9 | €536 | €2,220 | +€1,684 | +314.2% |
| Other amounts payable | 47/48 | €2,438 | €3,872 | +€1,434 | +58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,303 | €13,236 | -€68 | -0.5% |
| Other operating charges | 640/8 | €1,833 | €2,801 | +€968 | +52.8% |
| Gross operating margin | 9900 | €21,897 | €18,932 | -€2,965 | -13.5% |
| Operating profit (loss) | 9901 | €6,760 | €2,896 | -€3,865 | -57.2% |
| Financial income | 75/76B | €0 | €134 | +€134 | +445866.7% |
| Recurring financial income | 75 | €0 | €134 | +€134 | +445866.7% |
| Financial charges | 65/66B | €2,586 | €2,155 | -€431 | -16.7% |
| Recurring financial charges | 65 | €2,586 | €2,155 | -€431 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €4,175 | €874 | -€3,300 | -79.1% |
| Income taxes | 67/77 | €3,237 | €2,537 | -€700 | -21.6% |
| Profit (loss) for the period | 9904 | €938 | -€1,663 | -€2,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €938 | -€1,663 | -€2,600 |
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 11 October 2026 via checked.be.