GOPA Pro S.A.: 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.
What changed
GOPA Pro S.A.
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €769,122+€320,024
Equity
€3.5m
2024 · €3.4m+€54,457
Cash
€1.9m
2024 · €6.7m-€4.7m
Balance sheet total
€21.7m
2024 · €22.9m-€1.2m
Largest movements
Assets
- Cash -€4.7m
down €4.7m (-70.8%), from €6.7m to €1.9m
mainly Debts after one year (-€2.4m) and Stocks and contracts (-€2.3m)
- Stocks and contracts +€2.3m
up €2.3m (+39.2%), from €5.8m to €8.0m
- Receivables within one year +€1.8m
up €1.8m (+20.8%), from €8.7m to €10.5m
of which Other amounts receivable: +€2.8m
- Financial fixed assets -€547,827
down €547,827 (-37.4%), from €1.5m to €915,532
of which Affiliated companies: -€545,868
Equity and liabilities
- Debts after one year -€2.4m
down €2.4m (-30.3%), from €8.1m to €5.6m
- Trade debts +€1.7m
up €1.7m (+25.4%), from €6.7m to €8.4m
- Advances received -€896,789
down €896,789 (-30.3%), from €3.0m to €2.1m
- Tax, wage and social debts +€605,110
up €605,110 (+120%), from €503,031 to €1.1m
of which Taxes: +€423,914
- Short-term financial debts -€560,000
no longer reported in 2025 (was €560,000)
Income statement
- Turnover -€14.8m
down €14.8m (-30.0%), from €49.3m to €34.5m
- Goods and materials +€6.5m
up €6.5m (+20.7%), from €31.1m to €37.6m
- Services and other goods +€609,475
up €609,475 (+16.7%), from €3.6m to €4.2m
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.
Result 2024
€769,122
Turnover
-€14.8m
Other operating income
+€12,164
Goods and materials
-€6.5m
Services and other goods
-€609,475
Staff costs
-€23,545
Depreciation
+€3,770
Other operating charges
+€29,895
Other operating items
+€22.1m
Financial income
+€224,455
Financial charges
+€12,567
Taxes
-€169,243
Result 2025
€1.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1.2m
Investment
+€532,304
Financing
-€4.0m
Cash 2024
€6.7m
From operations (derived)
-€1.2m
Net result for the year
+€1.1m
Depreciation
+€85,971
Stocks and contracts
-€2.3m
Receivables within one year
-€1.8m
Deferred charges and accrued income
-€24,082
Trade debts
+€1.7m
Tax, wage and social debts
+€605,110
Advances received
-€896,789
Other debts
+€304,022
Investment (derived)
+€532,304
Investment in fixed assets (net)
+€532,304
Financing
-€4.0m
Debts after one year
-€2.4m
Short-term financial debts
-€560,000
Contributions, distributions and other
-€1.0m
Cash 2025
€1.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,934,896 | €21,692,004 | -€1.2m | -5.4% |
| Fixed assets | 21/28 | €1,756,970 | €1,138,695 | -€618,275 | -35.2% |
| Tangible fixed assets | 22/27 | €293,611 | €223,163 | -€70,448 | -24.0% |
| Furniture and vehicles | 24 | €264,136 | €202,825 | -€61,310 | -23.2% |
| Other tangible fixed assets | 26 | €29,475 | €20,338 | -€9,137 | -31.0% |
| Financial fixed assets | 28 | €1,463,359 | €915,532 | -€547,827 | -37.4% |
| Affiliated companies | 280/1 | €1,444,185 | €898,316 | -€545,868 | -37.8% |
| Participating interests | 280 | €1,444,185 | €898,316 | -€545,868 | -37.8% |
| Other financial fixed assets | 284/8 | €19,175 | €17,216 | -€1,959 | -10.2% |
| Amounts receivable and cash guarantees | 285/8 | €19,175 | €17,216 | -€1,959 | -10.2% |
| Current assets | 29/58 | €21,177,926 | €20,553,309 | -€624,617 | -2.9% |
| Stocks and contracts in progress | 3 | €5,761,373 | €8,021,646 | +€2.3m | +39.2% |
| Contracts in progress | 37 | €5,761,373 | €8,021,646 | +€2.3m | +39.2% |
| Amounts receivable within one year | 40/41 | €8,731,508 | €10,544,078 | +€1.8m | +20.8% |
| Trade receivables | 40 | €8,372,635 | €7,340,930 | -€1.0m | -12.3% |
| Other amounts receivable | 41 | €358,873 | €3,203,147 | +€2.8m | +793% |
| Cash at bank and in hand | 54/58 | €6,668,771 | €1,947,229 | -€4.7m | -70.8% |
| Deferred charges and accrued income | 490/1 | €16,274 | €40,355 | +€24,082 | +148% |
| Total equity and liabilities | 10/49 | €22,934,896 | €21,692,004 | -€1.2m | -5.4% |
| Equity | 10/15 | €3,438,296 | €3,492,753 | +€54,457 | +1.6% |
| Contributions | 10/11 | €3,200,100 | €3,200,100 | = | 0.0% |
| Capital | 10 | €3,200,100 | €3,200,100 | = | 0.0% |
| Issued capital | 100 | €3,200,100 | €3,200,100 | = | 0.0% |
| Reserves | 13 | €238,196 | €292,653 | +€54,457 | +22.9% |
| Non-distributable reserves | 130/1 | €238,196 | €292,653 | +€54,457 | +22.9% |
| Legal reserve | 130 | €238,196 | €292,653 | +€54,457 | +22.9% |
| Amounts payable | 17/49 | €19,496,600 | €18,199,251 | -€1.3m | -6.7% |
| Amounts payable after more than one year | 17 | €8,059,010 | €5,617,099 | -€2.4m | -30.3% |
| Advances received on contracts in progress | 176 | €8,059,010 | €5,617,099 | -€2.4m | -30.3% |
| Amounts payable within one year | 42/48 | €11,427,069 | €12,571,630 | +€1.1m | +10.0% |
| Financial debts | 43 | €560,000 | - | -€560,000 | |
| Other loans | 439 | €560,000 | - | -€560,000 | |
| Trade debts | 44 | €6,670,756 | €8,362,975 | +€1.7m | +25.4% |
| Suppliers | 440/4 | €6,670,756 | €8,362,975 | +€1.7m | +25.4% |
| Advances received on contracts in progress | 46 | €2,962,615 | €2,065,826 | -€896,789 | -30.3% |
| Taxes, remuneration and social security | 45 | €503,031 | €1,108,142 | +€605,110 | +120% |
| Taxes | 450/3 | - | €423,914 | +€423,914 | |
| Remuneration and social security | 454/9 | €503,031 | €684,228 | +€181,197 | +36.0% |
| Other amounts payable | 47/48 | €730,666 | €1,034,689 | +€304,022 | +41.6% |
| Accrued charges and deferred income | 492/3 | €10,522 | €10,522 | = | 0.0% |
| Operating income | 70/76A | €39,874,263 | €47,179,829 | +€7.3m | +18.3% |
| Turnover | 70 | €49,307,552 | €34,495,305 | -€14.8m | -30.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€9,600,545 | €12,513,232 | +€22.1m | |
| Other operating income | 74 | €155,730 | €167,893 | +€12,164 | +7.8% |
| Non-recurring operating income | 76A | €11,527 | €3,399 | -€8,128 | -70.5% |
| Operating charges | 60/66A | €38,599,806 | €45,653,128 | +€7.1m | +18.3% |
| Goods for resale, raw materials and consumables | 60 | €31,116,054 | €37,570,020 | +€6.5m | +20.7% |
| Purchases | 600/8 | €31,116,054 | €37,570,020 | +€6.5m | +20.7% |
| Services and other goods | 61 | €3,639,173 | €4,248,648 | +€609,475 | +16.7% |
| Remuneration, social security and pensions | 62 | €3,705,736 | €3,729,281 | +€23,545 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,741 | €85,971 | -€3,770 | -4.2% |
| Other operating charges | 640/8 | €49,103 | €19,208 | -€29,895 | -60.9% |
| Operating profit (loss) | 9901 | €1,274,457 | €1,526,701 | +€252,244 | +19.8% |
| Financial income | 75/76B | €526,956 | €751,411 | +€224,455 | +42.6% |
| Recurring financial income | 75 | €525,166 | €751,411 | +€226,245 | +43.1% |
| Income from financial fixed assets | 750 | €470,257 | €511,307 | +€41,050 | +8.7% |
| Income from current assets | 751 | €37,624 | €180,983 | +€143,360 | +381% |
| Other financial income | 752/9 | €17,285 | €59,121 | +€41,836 | +242% |
| Non-recurring financial income | 76B | €1,790 | €0 | -€1,790 | -100% |
| Financial charges | 65/66B | €780,111 | €767,544 | -€12,567 | -1.6% |
| Recurring financial charges | 65 | €288,291 | €256,237 | -€32,054 | -11.1% |
| Debt charges | 650 | €223,949 | €145,576 | -€78,373 | -35.0% |
| Other financial charges | 652/9 | €64,342 | €110,661 | +€46,318 | +72.0% |
| Non-recurring financial charges | 66B | €491,820 | €511,307 | +€19,487 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €1,021,302 | €1,510,569 | +€489,266 | +47.9% |
| Income taxes | 67/77 | €252,180 | €421,423 | +€169,243 | +67.1% |
| Taxes | 670/3 | €300,866 | €431,372 | +€130,506 | +43.4% |
| Tax adjustments and reversals of tax provisions | 77 | €48,686 | €9,949 | -€38,737 | -79.6% |
| Profit (loss) for the period | 9904 | €769,122 | €1,089,146 | +€320,024 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €769,122 | €1,089,146 | +€320,024 | +41.6% |
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 23 October 2026 via checked.be.