Général Practice Society: 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.
Général Practice Society
Largest movements
- Current investments +€79,672
up €79,672 (+28.9%), from €275,579 to €355,251
- Cash -€59,241
down €59,241 (-28.5%), from €207,728 to €148,487
mainly Current investments (-€79,672) and Current portion of long-term debt (-€5,203)
- Tangible fixed assets -€29,315
down €29,315 (-15.1%), from €194,463 to €165,148
of which Plant, machinery and equipment: -€16,371
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€15,174
up €15,174 (+132%), from €11,527 to €26,701
- Depreciation -€3,314
down €3,314 (-9.5%), from €34,872 to €31,558
- Taxes +€3,266
up €3,266 (+1,432%), from €228 to €3,494
- Other operating charges -€3,190
down €3,190 (-47.9%), from €6,659 to €3,469
- Financial income -€350
down €350 (-2.9%), from €11,904 to €11,554
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 | €699,390 | €695,588 | -€3,802 | -0.5% |
| Fixed assets | 21/28 | €197,838 | €168,523 | -€29,315 | -14.8% |
| Intangible fixed assets | 21 | €3,375 | €3,375 | = | 0.0% |
| Tangible fixed assets | 22/27 | €194,463 | €165,148 | -€29,315 | -15.1% |
| Land and buildings | 22 | €97,860 | €91,860 | -€6,000 | -6.1% |
| Plant, machinery and equipment | 23 | €89,272 | €72,902 | -€16,371 | -18.3% |
| Furniture and vehicles | 24 | €7,331 | €386 | -€6,944 | -94.7% |
| Current assets | 29/58 | €501,552 | €527,065 | +€25,513 | +5.1% |
| Amounts receivable within one year | 40/41 | €18,127 | €20,701 | +€2,574 | +14.2% |
| Trade receivables | 40 | - | €2,622 | +€2,622 | |
| Other amounts receivable | 41 | €18,127 | €18,079 | -€48 | -0.3% |
| Current investments | 50/53 | €275,579 | €355,251 | +€79,672 | +28.9% |
| Cash at bank and in hand | 54/58 | €207,728 | €148,487 | -€59,241 | -28.5% |
| Deferred charges and accrued income | 490/1 | €118 | €2,627 | +€2,509 | +2,128% |
| Total equity and liabilities | 10/49 | €699,390 | €695,588 | -€3,802 | -0.5% |
| Equity | 10/15 | €689,653 | €689,347 | -€306 | 0.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Contributions outside capital | 11 | €6,197 | - | -€6,197 | |
| Share premium | 1100/10 | €6,197 | - | -€6,197 | |
| Reserves | 13 | €683,456 | €683,150 | -€306 | 0.0% |
| Tax-exempt reserves | 132 | €35,785 | €10,525 | -€25,260 | -70.6% |
| Distributable reserves | 133 | €647,671 | €672,625 | +€24,954 | +3.9% |
| Amounts payable | 17/49 | €9,737 | €6,241 | -€3,496 | -35.9% |
| Amounts payable after more than one year | 17 | €973 | €500 | -€473 | -48.6% |
| Financial debts | 170/4 | €973 | €500 | -€473 | -48.6% |
| Amounts payable within one year | 42/48 | €8,764 | €5,741 | -€3,023 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €5,676 | €473 | -€5,203 | -91.7% |
| Trade debts | 44 | €22 | €2,773 | +€2,750 | +12,228% |
| Suppliers | 440/4 | €22 | €2,773 | +€2,750 | +12,228% |
| Taxes, remuneration and social security | 45 | €3,066 | €2,495 | -€570 | -18.6% |
| Taxes | 450/3 | €3,066 | €2,495 | -€570 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,872 | €31,558 | -€3,314 | -9.5% |
| Other operating charges | 640/8 | €6,659 | €3,469 | -€3,190 | -47.9% |
| Gross operating margin | 9900 | €11,527 | €26,701 | +€15,174 | +132% |
| Operating profit (loss) | 9901 | -€30,005 | -€8,327 | +€21,679 | +72.2% |
| Financial income | 75/76B | €11,904 | €11,554 | -€350 | -2.9% |
| Recurring financial income | 75 | €11,904 | €11,554 | -€350 | -2.9% |
| Financial charges | 65/66B | €376 | €40 | -€337 | -89.5% |
| Recurring financial charges | 65 | €376 | €40 | -€337 | -89.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,478 | €3,188 | +€21,665 | |
| Income taxes | 67/77 | €228 | €3,494 | +€3,266 | +1,432% |
| Profit (loss) for the period | 9904 | -€18,706 | -€306 | +€18,400 | +98.4% |
| Transfer to tax-exempt reserves | 689 | €421 | €0 | -€421 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,127 | -€306 | +€18,821 | +98.4% |
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 27 October 2026 via checked.be.