Gips Machine Center: 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 Machine Center
Largest movements
- Cash -€182,046
down €182,046 (-60.6%), from €300,408 to €118,363
mainly Contributions, distributions and other (-€455,606) and Debts after one year (-€97,377)
- Stocks and contracts +€59,825
up €59,825 (+7.6%), from €791,993 to €851,818
- Reserves -€271,603
down €271,603 (-15.8%), from €1.7m to €1.4m
of which Distributable reserves: -€271,603
- Other debts +€265,756
up €265,756 (+831.0%), from €31,980 to €297,736
- Debts after one year -€97,377
down €97,377 (-26.6%), from €365,731 to €268,354
- Gross operating margin -€73,073
down €73,073 (-16.2%), from €450,483 to €377,410
- Write-downs -€28,986
down €28,986 (-85.8%), from €33,779 to €4,793
- Taxes -€19,974
down €19,974 (-19.8%), from €100,912 to €80,938
- Staff costs +€13,139
up €13,139 (+53.1%), from €24,762 to €37,901
- Depreciation +€10,006
up €10,006 (+14.1%), from €71,119 to €81,125
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.
Cash bridge derived
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 | €2,422,687 | €2,314,423 | -€108,264 | -4.5% |
| Fixed assets | 21/28 | €967,058 | €965,474 | -€1,584 | -0.2% |
| Intangible fixed assets | 21 | - | €10,165 | +€10,165 | |
| Tangible fixed assets | 22/27 | €967,058 | €955,309 | -€11,749 | -1.2% |
| Land and buildings | 22 | €901,251 | €856,855 | -€44,396 | -4.9% |
| Plant, machinery and equipment | 23 | €63,968 | €44,498 | -€19,470 | -30.4% |
| Furniture and vehicles | 24 | €0 | €52,530 | +€52,530 | +525303900.0% |
| Leasing and similar rights | 25 | €1,839 | €1,426 | -€413 | -22.5% |
| Current assets | 29/58 | €1,455,629 | €1,348,950 | -€106,680 | -7.3% |
| Stocks and contracts in progress | 3 | €791,993 | €851,818 | +€59,825 | +7.6% |
| Stocks | 30/36 | €791,993 | €851,818 | +€59,825 | +7.6% |
| Amounts receivable within one year | 40/41 | €353,303 | €366,397 | +€13,094 | +3.7% |
| Trade receivables | 40 | €185,619 | €205,277 | +€19,658 | +10.6% |
| Other amounts receivable | 41 | €167,684 | €161,120 | -€6,564 | -3.9% |
| Cash at bank and in hand | 54/58 | €300,408 | €118,363 | -€182,046 | -60.6% |
| Deferred charges and accrued income | 490/1 | €9,925 | €12,372 | +€2,447 | +24.7% |
| Total equity and liabilities | 10/49 | €2,422,687 | €2,314,423 | -€108,264 | -4.5% |
| Equity | 10/15 | €1,818,427 | €1,546,824 | -€271,603 | -14.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,718,427 | €1,446,824 | -€271,603 | -15.8% |
| Tax-exempt reserves | 132 | €15 | €15 | = | 0.0% |
| Distributable reserves | 133 | €1,718,412 | €1,446,809 | -€271,603 | -15.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €604,260 | €767,599 | +€163,339 | +27.0% |
| Amounts payable after more than one year | 17 | €365,731 | €268,354 | -€97,377 | -26.6% |
| Financial debts | 170/4 | €365,731 | €268,354 | -€97,377 | -26.6% |
| Amounts payable within one year | 42/48 | €238,529 | €499,245 | +€260,716 | +109.3% |
| Current portion of amounts payable after more than one year | 42 | €40,988 | €25,739 | -€15,249 | -37.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €103,259 | €115,659 | +€12,400 | +12.0% |
| Suppliers | 440/4 | €103,259 | €115,659 | +€12,400 | +12.0% |
| Advances received on contracts in progress | 46 | €26,028 | €37,087 | +€11,059 | +42.5% |
| Taxes, remuneration and social security | 45 | €36,275 | €23,025 | -€13,250 | -36.5% |
| Taxes | 450/3 | €33,375 | €19,329 | -€14,046 | -42.1% |
| Remuneration and social security | 454/9 | €2,900 | €3,695 | +€795 | +27.4% |
| Other amounts payable | 47/48 | €31,980 | €297,736 | +€265,756 | +831.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €24,762 | €37,901 | +€13,139 | +53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,119 | €81,125 | +€10,006 | +14.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33,779 | €4,793 | -€28,986 | -85.8% |
| Other operating charges | 640/8 | €9,136 | €9,524 | +€388 | +4.2% |
| Gross operating margin | 9900 | €450,483 | €377,410 | -€73,073 | -16.2% |
| Operating profit (loss) | 9901 | €311,687 | €244,067 | -€67,620 | -21.7% |
| Financial income | 75/76B | €37,838 | €37,882 | +€45 | +0.1% |
| Recurring financial income | 75 | €37,838 | €37,882 | +€45 | +0.1% |
| Financial charges | 65/66B | €21,648 | €17,009 | -€4,639 | -21.4% |
| Recurring financial charges | 65 | €21,648 | €17,009 | -€4,639 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €327,877 | €264,941 | -€62,936 | -19.2% |
| Income taxes | 67/77 | €100,912 | €80,938 | -€19,974 | -19.8% |
| Profit (loss) for the period | 9904 | €226,965 | €184,003 | -€42,962 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €226,965 | €184,003 | -€42,962 | -18.9% |
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 12 October 2026 via checked.be.