GEPOST: 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.
GEPOST
Largest movements
- Tangible fixed assets -€5,613
down €5,613 (-51.9%), from €10,822 to €5,210
of which Furniture and vehicles: -€5,333
- Receivables within one year +€4,108
up €4,108 (+104%), from €3,954 to €8,062
of which Trade receivables: +€3,583
- Cash +€3,648
up €3,648 (+46.9%), from €7,777 to €11,426
mainly Trade debts (+€6,897) and Depreciation (+€5,613)
- Deferred charges and accrued income +€2,024
new in 2025: €2,024
- Profit (loss) carried forward -€7,172
down €7,172 (-98.1%), from -€7,313 to -€14,485
- Trade debts +€6,897
up €6,897 (+158%), from €4,379 to €11,276
- Advances received +€4,992
new in 2025: €4,992
- Tax, wage and social debts -€3,883
down €3,883 (-85.6%), from €4,537 to €653
of which Remuneration and social security: -€3,333
- Other debts +€3,333
up €3,333 (+251%), from €1,329 to €4,662
- Gross operating margin +€12,285
up €12,285 (+92.7%), from -€13,248 to -€962
- Other operating charges +€350
up €350 (+412%), from €85 to €435
- Taxes +€141
new in 2025: €141
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 | €22,804 | €26,971 | +€4,167 | +18.3% |
| Fixed assets | 21/28 | €11,072 | €5,460 | -€5,613 | -50.7% |
| Tangible fixed assets | 22/27 | €10,822 | €5,210 | -€5,613 | -51.9% |
| Plant, machinery and equipment | 23 | €2,212 | €1,932 | -€280 | -12.7% |
| Furniture and vehicles | 24 | €8,611 | €3,278 | -€5,333 | -61.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €11,732 | €21,512 | +€9,780 | +83.4% |
| Amounts receivable within one year | 40/41 | €3,954 | €8,062 | +€4,108 | +104% |
| Trade receivables | 40 | €3,954 | €7,538 | +€3,583 | +90.6% |
| Other amounts receivable | 41 | - | €524 | +€524 | |
| Cash at bank and in hand | 54/58 | €7,777 | €11,426 | +€3,648 | +46.9% |
| Deferred charges and accrued income | 490/1 | - | €2,024 | +€2,024 | |
| Total equity and liabilities | 10/49 | €22,804 | €26,971 | +€4,167 | +18.3% |
| Equity | 10/15 | €12,560 | €5,387 | -€7,172 | -57.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,323 | €1,323 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,323 | - | -€1,323 | |
| Reserves not available under the articles | 1311 | €1,323 | - | -€1,323 | |
| Distributable reserves | 133 | - | €1,323 | +€1,323 | |
| Profit (loss) carried forward | 14 | -€7,313 | -€14,485 | -€7,172 | -98.1% |
| Amounts payable | 17/49 | €10,245 | €21,584 | +€11,339 | +111% |
| Amounts payable within one year | 42/48 | €10,245 | €21,584 | +€11,339 | +111% |
| Trade debts | 44 | €4,379 | €11,276 | +€6,897 | +158% |
| Suppliers | 440/4 | €4,379 | €11,276 | +€6,897 | +158% |
| Advances received on contracts in progress | 46 | - | €4,992 | +€4,992 | |
| Taxes, remuneration and social security | 45 | €4,537 | €653 | -€3,883 | -85.6% |
| Taxes | 450/3 | €1,204 | €653 | -€550 | -45.7% |
| Remuneration and social security | 454/9 | €3,333 | - | -€3,333 | |
| Other amounts payable | 47/48 | €1,329 | €4,662 | +€3,333 | +251% |
| Non-recurring operating income | 76A | €3,076 | €2 | -€3,075 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,635 | €5,613 | -€22 | -0.4% |
| Other operating charges | 640/8 | €85 | €435 | +€350 | +412% |
| Non-recurring operating charges | 66A | - | €2 | +€2 | |
| Gross operating margin | 9900 | -€13,248 | -€962 | +€12,285 | +92.7% |
| Operating profit (loss) | 9901 | -€18,968 | -€7,012 | +€11,956 | +63.0% |
| Financial income | 75/76B | €2 | €27 | +€26 | +1,419% |
| Recurring financial income | 75 | €2 | €27 | +€26 | +1,419% |
| Financial charges | 65/66B | €65 | €47 | -€18 | -27.4% |
| Recurring financial charges | 65 | €65 | €47 | -€18 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€19,031 | -€7,032 | +€11,999 | +63.1% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€19,031 | -€7,172 | +€11,858 | +62.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,031 | -€7,172 | +€11,858 | +62.3% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.