G.P.E.: 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.
G.P.E.
Largest movements
- Receivables within one year +€4,550
up €4,550 (+16169.6%), from €28 to €4,578
of which Trade receivables: +€4,500
- Tangible fixed assets -€3,540
down €3,540 (-100.0%), from €3,540 to €0
of which Furniture and vehicles: -€3,351
- Cash +€507
up €507 (+102.4%), from €495 to €1,002
mainly Net result for the year (+€4,294) and Investment in fixed assets (net) (+€3,740)
- Financial fixed assets -€200
down €200 (-100.0%), from €200 to €0
- Profit (loss) carried forward +€4,294
up €4,294 (+24.8%), from -€17,313 to -€13,020
- Other debts -€2,976
down €2,976 (-100.0%), from €2,976 to €0
- Gross operating margin +€4,730
up €4,730, from -€296 to €4,434
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 | €4,263 | €5,580 | +€1,317 | +30.9% |
| Fixed assets | 21/28 | €3,740 | €0 | -€3,740 | -100.0% |
| Tangible fixed assets | 22/27 | €3,540 | €0 | -€3,540 | -100.0% |
| Plant, machinery and equipment | 23 | €189 | €0 | -€189 | -100.0% |
| Furniture and vehicles | 24 | €3,351 | €0 | -€3,351 | -100.0% |
| Financial fixed assets | 28 | €200 | €0 | -€200 | -100.0% |
| Current assets | 29/58 | €523 | €5,580 | +€5,057 | +966.5% |
| Amounts receivable within one year | 40/41 | €28 | €4,578 | +€4,550 | +16169.6% |
| Trade receivables | 40 | - | €4,500 | +€4,500 | |
| Other amounts receivable | 41 | €28 | €78 | +€50 | +178.1% |
| Cash at bank and in hand | 54/58 | €495 | €1,002 | +€507 | +102.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €4,263 | €5,580 | +€1,317 | +30.9% |
| Equity | 10/15 | €1,287 | €5,580 | +€4,294 | +333.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,313 | -€13,020 | +€4,294 | +24.8% |
| Amounts payable | 17/49 | €2,976 | €0 | -€2,976 | -100.0% |
| Amounts payable within one year | 42/48 | €2,976 | €0 | -€2,976 | -100.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,976 | €0 | -€2,976 | -100.0% |
| Non-recurring operating income | 76A | €0 | €4,500 | +€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €118 | €94 | -€24 | -20.1% |
| Gross operating margin | 9900 | -€296 | €4,434 | +€4,730 | |
| Operating profit (loss) | 9901 | -€414 | €4,340 | +€4,754 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €46 | €46 | +€0 | +0.3% |
| Recurring financial charges | 65 | €46 | €46 | +€0 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€460 | €4,294 | +€4,754 | |
| Profit (loss) for the period | 9904 | -€460 | €4,294 | +€4,754 | |
| Profit (loss) for the period to be appropriated | 9905 | -€460 | €4,294 | +€4,754 |
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 9 October 2026 via checked.be.