GP INDUSTRIES: 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.
GP INDUSTRIES
Largest movements
- Tangible fixed assets +€73,294
up €73,294 (+105%), from €69,855 to €143,149
of which Furniture and vehicles: +€77,518
- Cash -€13,467
down €13,467 (-41.6%), from €32,404 to €18,937
mainly Investment in fixed assets (net) (-€96,130) and Contributions, distributions and other (-€7,500)
- Receivables within one year -€2,041
down €2,041 (-6.1%), from €33,383 to €31,342
of which Other amounts receivable: -€2,538
- Reserves +€19,264
up €19,264 (+19.4%), from €99,137 to €118,401
- Debts after one year +€13,331
up €13,331 (+51.2%), from €26,017 to €39,348
- Current portion of long-term debt +€11,542
up €11,542 (+139%), from €8,304 to €19,845
- Tax, wage and social debts +€10,360
up €10,360 (+2,127%), from €487 to €10,847
of which Taxes: +€10,361
- Trade debts +€2,292
up €2,292 (+153%), from €1,497 to €3,789
- Depreciation +€17,692
up €17,692 (+344%), from €5,144 to €22,836
- Other operating charges +€14,852
up €14,852 (+1,962%), from €757 to €15,609
- Taxes -€4,508
down €4,508 (-28.3%), from €15,939 to €11,430
- Gross operating margin -€2,674
down €2,674 (-3.2%), from €83,243 to €80,568
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 | €138,301 | €194,230 | +€55,929 | +40.4% |
| Fixed assets | 21/28 | €69,855 | €143,149 | +€73,294 | +105% |
| Tangible fixed assets | 22/27 | €69,855 | €143,149 | +€73,294 | +105% |
| Plant, machinery and equipment | 23 | €55,115 | €54,090 | -€1,025 | -1.9% |
| Furniture and vehicles | 24 | €11,541 | €89,059 | +€77,518 | +672% |
| Assets under construction and advance payments | 27 | €3,198 | - | -€3,198 | |
| Current assets | 29/58 | €68,446 | €51,081 | -€17,365 | -25.4% |
| Amounts receivable within one year | 40/41 | €33,383 | €31,342 | -€2,041 | -6.1% |
| Trade receivables | 40 | €21,918 | €22,415 | +€497 | +2.3% |
| Other amounts receivable | 41 | €11,465 | €8,927 | -€2,538 | -22.1% |
| Cash at bank and in hand | 54/58 | €32,404 | €18,937 | -€13,467 | -41.6% |
| Deferred charges and accrued income | 490/1 | €2,660 | €802 | -€1,857 | -69.8% |
| Total equity and liabilities | 10/49 | €138,301 | €194,230 | +€55,929 | +40.4% |
| Equity | 10/15 | €101,137 | €120,401 | +€19,264 | +19.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €99,137 | €118,401 | +€19,264 | +19.4% |
| Distributable reserves | 133 | €99,137 | €118,401 | +€19,264 | +19.4% |
| Amounts payable | 17/49 | €37,164 | €73,829 | +€36,665 | +98.7% |
| Amounts payable after more than one year | 17 | €26,017 | €39,348 | +€13,331 | +51.2% |
| Financial debts | 170/4 | €26,017 | €39,348 | +€13,331 | +51.2% |
| Amounts payable within one year | 42/48 | €11,148 | €34,482 | +€23,334 | +209% |
| Current portion of amounts payable after more than one year | 42 | €8,304 | €19,845 | +€11,542 | +139% |
| Trade debts | 44 | €1,497 | €3,789 | +€2,292 | +153% |
| Suppliers | 440/4 | €1,497 | €3,789 | +€2,292 | +153% |
| Taxes, remuneration and social security | 45 | €487 | €10,847 | +€10,360 | +2,127% |
| Taxes | 450/3 | €486 | €10,847 | +€10,361 | +2,131% |
| Remuneration and social security | 454/9 | €1 | - | -€1 | |
| Other amounts payable | 47/48 | €860 | - | -€860 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,144 | €22,836 | +€17,692 | +344% |
| Other operating charges | 640/8 | €757 | €15,609 | +€14,852 | +1,962% |
| Gross operating margin | 9900 | €83,243 | €80,568 | -€2,674 | -3.2% |
| Operating profit (loss) | 9901 | €77,342 | €42,124 | -€35,218 | -45.5% |
| Financial income | 75/76B | €1 | €5 | +€5 | +902% |
| Recurring financial income | 75 | €1 | €5 | +€5 | +902% |
| Financial charges | 65/66B | €3,419 | €3,934 | +€515 | +15.1% |
| Recurring financial charges | 65 | €3,419 | €3,934 | +€515 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €73,923 | €38,195 | -€35,728 | -48.3% |
| Income taxes | 67/77 | €15,939 | €11,430 | -€4,508 | -28.3% |
| Profit (loss) for the period | 9904 | €57,984 | €26,764 | -€31,220 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,984 | €26,764 | -€31,220 | -53.8% |
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 24 October 2026 via checked.be.