G.P. Development Services: what changed
Two fiscal 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.
G.P. Development Services
Largest movements
- Cash -€230,349
down €230,349 (-37.6%), from €611,950 to €381,601
mainly Other debts (-€210,000) and Tax, wage and social debts (-€83,490)
- Tangible fixed assets -€136,096
down €136,096 (-3.2%), from €4.3m to €4.1m
of which Land and buildings: -€134,298
- Current investments +€82,996
up €82,996 (+3.3%), from €2.5m to €2.6m
- Other debts -€210,000
down €210,000 (-99.2%), from €211,780 to €1,780
- Tax, wage and social debts -€83,490
down €83,490 (-81.7%), from €102,134 to €18,644
of which Taxes: -€83,621
- Financial income +€79,253
up €79,253 (+155.8%), from €50,857 to €130,109
- Taxes +€15,492
up €15,492 (+48.4%), from €32,009 to €47,501
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 | €7,383,720 | €7,095,725 | -€287,996 | -3.9% |
| Fixed assets | 21/28 | €4,279,530 | €4,144,714 | -€134,816 | -3.2% |
| Tangible fixed assets | 22/27 | €4,276,037 | €4,139,941 | -€136,096 | -3.2% |
| Land and buildings | 22 | €4,150,053 | €4,015,755 | -€134,298 | -3.2% |
| Plant, machinery and equipment | 23 | €124,474 | €122,597 | -€1,877 | -1.5% |
| Furniture and vehicles | 24 | €1,510 | €1,590 | +€80 | +5.3% |
| Financial fixed assets | 28 | €3,493 | €4,773 | +€1,280 | +36.6% |
| Current assets | 29/58 | €3,104,191 | €2,951,011 | -€153,180 | -4.9% |
| Amounts receivable within one year | 40/41 | €6,948 | - | -€6,948 | |
| Other amounts receivable | 41 | €6,948 | - | -€6,948 | |
| Current investments | 50/53 | €2,485,293 | €2,568,289 | +€82,996 | +3.3% |
| Cash at bank and in hand | 54/58 | €611,950 | €381,601 | -€230,349 | -37.6% |
| Deferred charges and accrued income | 490/1 | - | €1,120 | +€1,120 | |
| Total equity and liabilities | 10/49 | €7,383,720 | €7,095,725 | -€287,996 | -3.9% |
| Equity | 10/15 | €6,584,675 | €6,633,253 | +€48,577 | +0.7% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €675,262 | €675,262 | = | 0.0% |
| Reserves | 13 | €1,553,434 | €1,601,029 | +€47,594 | +3.1% |
| Non-distributable reserves | 130/1 | €150,000 | €150,000 | = | 0.0% |
| Legal reserve | 130 | €150,000 | €150,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €939,434 | €855,483 | -€83,951 | -8.9% |
| Distributable reserves | 133 | €464,000 | €595,545 | +€131,545 | +28.4% |
| Profit (loss) carried forward | 14 | €3,355,979 | €3,356,962 | +€983 | 0.0% |
| Provisions and deferred taxes | 16 | €484,667 | €441,439 | -€43,228 | -8.9% |
| Deferred taxes | 168 | €484,667 | €441,439 | -€43,228 | -8.9% |
| Amounts payable | 17/49 | €314,378 | €21,033 | -€293,345 | -93.3% |
| Amounts payable within one year | 42/48 | €314,378 | €21,033 | -€293,345 | -93.3% |
| Trade debts | 44 | €464 | €610 | +€146 | +31.4% |
| Suppliers | 440/4 | €464 | €610 | +€146 | +31.4% |
| Taxes, remuneration and social security | 45 | €102,134 | €18,644 | -€83,490 | -81.7% |
| Taxes | 450/3 | €97,000 | €13,379 | -€83,621 | -86.2% |
| Remuneration and social security | 454/9 | €5,134 | €5,264 | +€130 | +2.5% |
| Other amounts payable | 47/48 | €211,780 | €1,780 | -€210,000 | -99.2% |
| Remuneration, social security and pensions | 62 | €40,113 | €40,976 | +€863 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,376 | €156,103 | -€273 | -0.2% |
| Other operating charges | 640/8 | €19,385 | €19,662 | +€276 | +1.4% |
| Gross operating margin | 9900 | €142,082 | €141,005 | -€1,077 | -0.8% |
| Operating profit (loss) | 9901 | -€73,792 | -€75,735 | -€1,943 | -2.6% |
| Financial income | 75/76B | €50,857 | €130,109 | +€79,253 | +155.8% |
| Recurring financial income | 75 | €50,857 | €130,109 | +€79,253 | +155.8% |
| Financial charges | 65/66B | €2,122 | €1,525 | -€597 | -28.1% |
| Recurring financial charges | 65 | €2,122 | €1,525 | -€597 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,056 | €52,850 | +€77,906 | |
| Transfer from deferred taxes | 780 | €43,228 | €43,228 | = | 0.0% |
| Income taxes | 67/77 | €32,009 | €47,501 | +€15,492 | +48.4% |
| Profit (loss) for the period | 9904 | -€13,837 | €48,577 | +€62,414 | |
| Transfer from tax-exempt reserves | 789 | €83,951 | €83,951 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,114 | €132,528 | +€62,414 | +89.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.