GIPS: 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.
GIPS
Largest movements
- Receivables within one year +€9,612
up €9,612 (+19.7%), from €48,861 to €58,473
of which Trade receivables: +€12,051
- Cash -€1,120
down €1,120 (-12.7%), from €8,845 to €7,725
mainly Receivables within one year (-€9,612) and Deferred charges and accrued income (-€164)
- Profit (loss) carried forward +€5,656
up €5,656 (+43.5%), from -€12,992 to -€7,336
- Other debts +€3,000
up €3,000 (+18.1%), from €16,576 to €19,576
- Gross operating margin +€12,983
up €12,983, from -€7,281 to €5,703
- Financial income -€9,378
no longer reported in 2025 (was €9,378)
- Depreciation -€472
no longer reported in 2025 (was €472)
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 | €57,706 | €66,362 | +€8,656 | +15.0% |
| Current assets | 29/58 | €57,706 | €66,362 | +€8,656 | +15.0% |
| Amounts receivable within one year | 40/41 | €48,861 | €58,473 | +€9,612 | +19.7% |
| Trade receivables | 40 | €41,086 | €53,137 | +€12,051 | +29.3% |
| Other amounts receivable | 41 | €7,775 | €5,336 | -€2,440 | -31.4% |
| Cash at bank and in hand | 54/58 | €8,845 | €7,725 | -€1,120 | -12.7% |
| Deferred charges and accrued income | 490/1 | - | €164 | +€164 | |
| Total equity and liabilities | 10/49 | €57,706 | €66,362 | +€8,656 | +15.0% |
| Equity | 10/15 | €41,130 | €46,786 | +€5,656 | +13.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,922 | €47,922 | = | 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% |
| Tax-exempt reserves | 132 | €180 | €180 | = | 0.0% |
| Distributable reserves | 133 | €45,882 | €45,882 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,992 | -€7,336 | +€5,656 | +43.5% |
| Amounts payable | 17/49 | €16,576 | €19,576 | +€3,000 | +18.1% |
| Amounts payable within one year | 42/48 | €16,576 | €19,576 | +€3,000 | +18.1% |
| Other amounts payable | 47/48 | €16,576 | €19,576 | +€3,000 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €472 | - | -€472 | |
| Gross operating margin | 9900 | -€7,281 | €5,703 | +€12,983 | |
| Operating profit (loss) | 9901 | -€7,753 | €5,703 | +€13,456 | |
| Financial income | 75/76B | €9,378 | - | -€9,378 | |
| Recurring financial income | 75 | €9,378 | - | -€9,378 | |
| Financial charges | 65/66B | €46 | €46 | -€0 | -0.2% |
| Recurring financial charges | 65 | €46 | €46 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €1,578 | €5,656 | +€4,078 | +258% |
| Profit (loss) for the period | 9904 | €1,578 | €5,656 | +€4,078 | +258% |
| Profit (loss) for the period to be appropriated | 9905 | €1,578 | €5,656 | +€4,078 | +258% |
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 13 October 2026 via checked.be.