GLURPS: 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.
GLURPS
Largest movements
- Cash -€1,250
down €1,250 (-87.2%), from €1,434 to €184
mainly Other debts (-€3,515) and Tax, wage and social debts (-€120)
- Tangible fixed assets -€987
down €987 (-18.7%), from €5,265 to €4,278
- Other debts -€3,515
down €3,515 (-23.1%), from €15,232 to €11,717
- Profit (loss) carried forward +€707
up €707 (+5.0%), from -€14,244 to -€13,537
- Trade debts +€647
new in 2025: €647
- Tax, wage and social debts -€120
down €120 (-45.6%), from €263 to €143
- Gross operating margin +€4,261
up €4,261, from -€1,971 to €2,290
- Turnover +€2,243
up €2,243 (+222.7%), from €1,007 to €3,250
- Purchases and services -€2,017
down €2,017 (-67.8%), from €2,977 to €960
- Taxes +€845
up €845, from -€345 to €500
- Depreciation -€793
down €793 (-44.6%), from €1,780 to €987
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 | €7,469 | €5,188 | -€2,281 | -30.5% |
| Fixed assets | 21/28 | €5,265 | €4,278 | -€987 | -18.7% |
| Tangible fixed assets | 22/27 | €5,265 | €4,278 | -€987 | -18.7% |
| Plant, machinery and equipment | 23 | €5,265 | €4,278 | -€987 | -18.7% |
| Current assets | 29/58 | €2,204 | €910 | -€1,294 | -58.7% |
| Amounts receivable within one year | 40/41 | €770 | €726 | -€44 | -5.7% |
| Trade receivables | 40 | €660 | €616 | -€44 | -6.7% |
| Other amounts receivable | 41 | €110 | €110 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,434 | €184 | -€1,250 | -87.2% |
| Total equity and liabilities | 10/49 | €7,469 | €5,188 | -€2,281 | -30.5% |
| Equity | 10/15 | -€8,026 | -€7,319 | +€707 | +8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €18 | €18 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18 | €18 | = | 0.0% |
| Legal reserve | 130 | €18 | €18 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,244 | -€13,537 | +€707 | +5.0% |
| Amounts payable | 17/49 | €15,495 | €12,507 | -€2,988 | -19.3% |
| Amounts payable within one year | 42/48 | €15,495 | €12,507 | -€2,988 | -19.3% |
| Trade debts | 44 | - | €647 | +€647 | |
| Suppliers | 440/4 | - | €647 | +€647 | |
| Taxes, remuneration and social security | 45 | €263 | €143 | -€120 | -45.6% |
| Taxes | 450/3 | €263 | €143 | -€120 | -45.6% |
| Other amounts payable | 47/48 | €15,232 | €11,717 | -€3,515 | -23.1% |
| Turnover | 70 | €1,007 | €3,250 | +€2,243 | +222.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,977 | €960 | -€2,017 | -67.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,780 | €987 | -€793 | -44.6% |
| Other operating charges | 640/8 | €96 | €96 | = | 0.0% |
| Gross operating margin | 9900 | -€1,971 | €2,290 | +€4,261 | |
| Operating profit (loss) | 9901 | -€3,847 | €1,207 | +€5,054 | |
| Profit (loss) for the period before taxes | 9903 | -€3,847 | €1,207 | +€5,054 | |
| Income taxes | 67/77 | -€345 | €500 | +€845 | |
| Profit (loss) for the period | 9904 | -€3,502 | €707 | +€4,209 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,502 | €707 | +€4,209 |
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 10 October 2026 via checked.be.