Gepland: 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.
Gepland
Largest movements
- Tangible fixed assets +€55,868
up €55,868 (+12,774%), from €437 to €56,306
of which Leasing and similar rights: +€43,453
- Cash +€23,288
up €23,288 (+182%), from €12,817 to €36,105
mainly Net result for the year (+€39,004) and Debts after one year (+€37,810)
- Receivables within one year +€13,199
up €13,199 (+68.3%), from €19,312 to €32,510
of which Trade receivables: +€13,199
- Profit (loss) carried forward +€39,004
up €39,004 (+183%), from €21,296 to €60,300
- Debts after one year +€37,810
new in 2025: €37,810
- Short-term financial debts +€13,183
new in 2025: €13,183
- Tax, wage and social debts +€4,407
up €4,407 (+53.6%), from €8,215 to €12,622
of which Taxes: +€4,407
- Trade debts -€1,886
down €1,886 (-87.5%), from €2,155 to €269
- Turnover +€74,355
up €74,355 (+102%), from €72,567 to €146,921
- Purchases and services +€37,194
up €37,194 (+82.6%), from €45,024 to €82,217
- Gross operating margin +€36,454
up €36,454 (+129%), from €28,250 to €64,704
- Depreciation +€12,979
up €12,979 (+16,013%), from €81 to €13,060
- Taxes +€4,282
up €4,282 (+69.5%), from €6,164 to €10,446
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 | €34,726 | €127,706 | +€92,980 | +268% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €437 | €56,306 | +€55,868 | +12,774% |
| Tangible fixed assets | 22/27 | €437 | €56,306 | +€55,868 | +12,774% |
| Plant, machinery and equipment | 23 | - | €495 | +€495 | |
| Furniture and vehicles | 24 | €437 | €9,093 | +€8,655 | +1,979% |
| Leasing and similar rights | 25 | - | €43,453 | +€43,453 | |
| Other tangible fixed assets | 26 | - | €3,266 | +€3,266 | |
| Current assets | 29/58 | €34,289 | €71,400 | +€37,111 | +108% |
| Amounts receivable within one year | 40/41 | €19,312 | €32,510 | +€13,199 | +68.3% |
| Trade receivables | 40 | €19,312 | €32,510 | +€13,199 | +68.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €12,817 | €36,105 | +€23,288 | +182% |
| Deferred charges and accrued income | 490/1 | €2,160 | €2,785 | +€624 | +28.9% |
| Total equity and liabilities | 10/49 | €34,726 | €127,706 | +€92,980 | +268% |
| Equity | 10/15 | €23,696 | €62,700 | +€39,004 | +165% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,296 | €60,300 | +€39,004 | +183% |
| Amounts payable | 17/49 | €11,030 | €65,006 | +€53,976 | +489% |
| Amounts payable after more than one year | 17 | - | €37,810 | +€37,810 | |
| Financial debts | 170/4 | - | €37,810 | +€37,810 | |
| Amounts payable within one year | 42/48 | €11,030 | €27,196 | +€16,166 | +147% |
| Financial debts | 43 | - | €13,183 | +€13,183 | |
| Credit institutions | 430/8 | - | €13,183 | +€13,183 | |
| Trade debts | 44 | €2,155 | €269 | -€1,886 | -87.5% |
| Suppliers | 440/4 | €2,155 | €269 | -€1,886 | -87.5% |
| Taxes, remuneration and social security | 45 | €8,215 | €12,622 | +€4,407 | +53.6% |
| Taxes | 450/3 | €8,215 | €12,622 | +€4,407 | +53.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €660 | €1,122 | +€462 | +70.0% |
| Turnover | 70 | €72,567 | €146,921 | +€74,355 | +102% |
| Goods, raw materials, services and sundry goods | 60/61 | €45,024 | €82,217 | +€37,194 | +82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81 | €13,060 | +€12,979 | +16,013% |
| Other operating charges | 640/8 | €51 | €164 | +€112 | +219% |
| Gross operating margin | 9900 | €28,250 | €64,704 | +€36,454 | +129% |
| Operating profit (loss) | 9901 | €28,117 | €51,480 | +€23,363 | +83.1% |
| Financial income | 75/76B | €5 | €40 | +€35 | +641% |
| Recurring financial income | 75 | €5 | €40 | +€35 | +641% |
| Financial charges | 65/66B | €662 | €2,071 | +€1,408 | +213% |
| Recurring financial charges | 65 | €662 | €2,071 | +€1,408 | +213% |
| Profit (loss) for the period before taxes | 9903 | €27,460 | €49,450 | +€21,989 | +80.1% |
| Income taxes | 67/77 | €6,164 | €10,446 | +€4,282 | +69.5% |
| Profit (loss) for the period | 9904 | €21,296 | €39,004 | +€17,707 | +83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,296 | €39,004 | +€17,707 | +83.1% |
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 19 October 2026 via checked.be.