GMP.B: what changed
Two fiscal 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.
GMP.B
Largest movements
- Receivables after one year +€13.3m
new in 2025: €13.3m
- Receivables within one year -€10.8m
down €10.8m (-96.4%), from €11.2m to €397,971
- Profit (loss) carried forward +€2.4m
up €2.4m (+2.4%), from €103.9m to €106.4m
- Financial income +€1.8m
up €1.8m (+282.1%), from €645,228 to €2.5m
of which Non-recurring financial income: +€2.1m
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 | €108,945,708 | €111,390,401 | +€2.4m | +2.2% |
| Fixed assets | 21/28 | €97,722,875 | €97,722,875 | = | 0.0% |
| Financial fixed assets | 28 | €97,722,875 | €97,722,875 | = | 0.0% |
| Affiliated companies | 280/1 | €97,722,875 | €97,722,875 | = | 0.0% |
| Participating interests | 280 | €97,722,875 | €97,722,875 | = | 0.0% |
| Current assets | 29/58 | €11,222,833 | €13,667,526 | +€2.4m | +21.8% |
| Amounts receivable after more than one year | 29 | - | €13,265,685 | +€13.3m | |
| Other amounts receivable | 291 | - | €13,265,685 | +€13.3m | |
| Amounts receivable within one year | 40/41 | €11,198,078 | €397,971 | -€10.8m | -96.4% |
| Other amounts receivable | 41 | €11,198,078 | €397,971 | -€10.8m | -96.4% |
| Cash at bank and in hand | 54/58 | €24,755 | €3,870 | -€20,885 | -84.4% |
| Total equity and liabilities | 10/49 | €108,945,708 | €111,390,401 | +€2.4m | +2.2% |
| Equity | 10/15 | €108,935,591 | €111,385,505 | +€2.4m | +2.2% |
| Contributions | 10/11 | €4,535,523 | €4,535,523 | = | 0.0% |
| Capital | 10 | €4,519,336 | €4,519,336 | = | 0.0% |
| Issued capital | 100 | €4,519,336 | €4,519,336 | = | 0.0% |
| Outside capital | 11 | €16,187 | €16,187 | = | 0.0% |
| Share premium | 1100/10 | €16,187 | €16,187 | = | 0.0% |
| Reserves | 13 | €451,934 | €451,934 | = | 0.0% |
| Non-distributable reserves | 130/1 | €451,934 | €451,934 | = | 0.0% |
| Legal reserve | 130 | €451,934 | €451,934 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,948,135 | €106,398,049 | +€2.4m | +2.4% |
| Amounts payable | 17/49 | €10,117 | €4,896 | -€5,221 | -51.6% |
| Amounts payable within one year | 42/48 | €10,117 | €4,896 | -€5,221 | -51.6% |
| Trade debts | 44 | €8,947 | €3,688 | -€5,259 | -58.8% |
| Suppliers | 440/4 | €8,947 | €3,688 | -€5,259 | -58.8% |
| Other amounts payable | 47/48 | €1,169 | €1,207 | +€38 | +3.3% |
| Operating charges | 60/66A | €10,975 | €12,518 | +€1,543 | +14.1% |
| Services and other goods | 61 | €9,806 | €11,282 | +€1,476 | +15.1% |
| Other operating charges | 640/8 | €1,169 | €1,236 | +€67 | +5.7% |
| Operating profit (loss) | 9901 | -€10,975 | -€12,518 | -€1,543 | -14.1% |
| Financial income | 75/76B | €645,228 | €2,465,578 | +€1.8m | +282.1% |
| Recurring financial income | 75 | €645,228 | €397,971 | -€247,258 | -38.3% |
| Income from current assets | 751 | €645,228 | €397,971 | -€247,258 | -38.3% |
| Non-recurring financial income | 76B | - | €2,067,607 | +€2.1m | |
| Financial charges | 65/66B | €3,356 | €3,146 | -€210 | -6.3% |
| Recurring financial charges | 65 | €3,356 | €3,146 | -€210 | -6.3% |
| Other financial charges | 652/9 | €3,356 | €3,146 | -€210 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €630,897 | €2,449,914 | +€1.8m | +288.3% |
| Profit (loss) for the period | 9904 | €630,897 | €2,449,914 | +€1.8m | +288.3% |
| Profit (loss) for the period to be appropriated | 9905 | €630,897 | €2,449,914 | +€1.8m | +288.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.