GC-PRO: 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.
GC-PRO
Largest movements
- Tangible fixed assets -€8,193
down €8,193 (-5.6%), from €146,661 to €138,468
- Cash +€2,694
up €2,694 (+11.8%), from €22,922 to €25,616
mainly Trade debts (+€14,227) and Depreciation (+€9,051)
- Trade debts +€14,227
up €14,227 (+269%), from €5,297 to €19,523
- Debts after one year -€12,244
down €12,244 (-11.3%), from €108,809 to €96,565
- Profit (loss) carried forward -€7,323
down €7,323 (-94.5%), from -€7,750 to -€15,073
- Other debts +€1,744
up €1,744 (+5.3%), from €32,799 to €34,544
- Gross operating margin -€14,393
down €14,393 (-68.5%), from €21,000 to €6,607
- Depreciation -€1,962
down €1,962 (-17.8%), from €11,014 to €9,051
- Financial charges -€305
down €305 (-9.8%), from €3,099 to €2,795
- Staff costs -€273
no longer reported in 2025 (was €273)
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 | €172,421 | €169,001 | -€3,420 | -2.0% |
| Fixed assets | 21/28 | €146,661 | €138,468 | -€8,193 | -5.6% |
| Tangible fixed assets | 22/27 | €146,661 | €138,468 | -€8,193 | -5.6% |
| Land and buildings | 22 | €136,727 | €132,848 | -€3,879 | -2.8% |
| Plant, machinery and equipment | 23 | €1,436 | €739 | -€697 | -48.6% |
| Furniture and vehicles | 24 | €8,497 | €4,881 | -€3,616 | -42.6% |
| Current assets | 29/58 | €25,761 | €30,533 | +€4,773 | +18.5% |
| Amounts receivable within one year | 40/41 | €2,839 | €4,358 | +€1,519 | +53.5% |
| Trade receivables | 40 | - | €1,313 | +€1,313 | |
| Other amounts receivable | 41 | €2,839 | €3,045 | +€207 | +7.3% |
| Cash at bank and in hand | 54/58 | €22,922 | €25,616 | +€2,694 | +11.8% |
| Deferred charges and accrued income | 490/1 | - | €559 | +€559 | |
| Total equity and liabilities | 10/49 | €172,421 | €169,001 | -€3,420 | -2.0% |
| Equity | 10/15 | €13,363 | €6,040 | -€7,323 | -54.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,913 | €14,913 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,053 | €13,053 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,750 | -€15,073 | -€7,323 | -94.5% |
| Amounts payable | 17/49 | €159,059 | €162,962 | +€3,903 | +2.5% |
| Amounts payable after more than one year | 17 | €108,809 | €96,565 | -€12,244 | -11.3% |
| Financial debts | 170/4 | €108,809 | €96,565 | -€12,244 | -11.3% |
| Amounts payable within one year | 42/48 | €50,249 | €66,397 | +€16,147 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €12,110 | €12,244 | +€134 | +1.1% |
| Trade debts | 44 | €5,297 | €19,523 | +€14,227 | +269% |
| Suppliers | 440/4 | €5,297 | €19,523 | +€14,227 | +269% |
| Taxes, remuneration and social security | 45 | €43 | €85 | +€42 | +96.8% |
| Taxes | 450/3 | €43 | €85 | +€42 | +96.8% |
| Other amounts payable | 47/48 | €32,799 | €34,544 | +€1,744 | +5.3% |
| Remuneration, social security and pensions | 62 | €273 | - | -€273 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,014 | €9,051 | -€1,962 | -17.8% |
| Other operating charges | 640/8 | €1,988 | €2,084 | +€96 | +4.8% |
| Gross operating margin | 9900 | €21,000 | €6,607 | -€14,393 | -68.5% |
| Operating profit (loss) | 9901 | €7,726 | -€4,528 | -€12,254 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,099 | €2,795 | -€305 | -9.8% |
| Recurring financial charges | 65 | €3,099 | €2,795 | -€305 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €4,626 | -€7,322 | -€11,949 | |
| Income taxes | 67/77 | €1 | €1 | +€1 | +100% |
| Profit (loss) for the period | 9904 | €4,626 | -€7,323 | -€11,949 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,626 | -€7,323 | -€11,949 |
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 15 October 2026 via checked.be.