GP²S-Coaching: 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.
GP²S-Coaching
Largest movements
- Cash -€111,661
down €111,661 (-95.6%), from €116,748 to €5,087
mainly Trade debts (-€80,210) and Investment in fixed assets (net) (-€35,714)
- Receivables within one year -€21,322
down €21,322 (-28.1%), from €75,783 to €54,461
of which Other amounts receivable: -€22,196
- Tangible fixed assets +€6,084
up €6,084 (+4.4%), from €138,959 to €145,043
of which Land and buildings: +€24,380
- Trade debts -€80,210
down €80,210 (-97.5%), from €82,275 to €2,065
- Debts after one year -€20,869
down €20,869 (-38.1%), from €54,837 to €33,969
of which Financial debts: -€18,589
- Current portion of long-term debt -€15,603
down €15,603 (-45.6%), from €34,192 to €18,589
- Profit (loss) carried forward -€10,994
down €10,994 (-9.7%), from €112,854 to €101,860
- Depreciation +€19,738
up €19,738 (+199.5%), from €9,892 to €29,630
- Taxes -€12,559
down €12,559 (-98.6%), from €12,733 to €174
- Gross operating margin -€5,233
down €5,233 (-9.7%), from €53,986 to €48,753
- Financial charges +€1,824
up €1,824 (+97.7%), from €1,867 to €3,691
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 | €333,224 | €206,882 | -€126,341 | -37.9% |
| Fixed assets | 21/28 | €139,279 | €145,363 | +€6,084 | +4.4% |
| Tangible fixed assets | 22/27 | €138,959 | €145,043 | +€6,084 | +4.4% |
| Land and buildings | 22 | €55,341 | €79,720 | +€24,380 | +44.1% |
| Plant, machinery and equipment | 23 | €7,569 | €5,931 | -€1,638 | -21.6% |
| Furniture and vehicles | 24 | €76,050 | €59,391 | -€16,658 | -21.9% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €193,944 | €61,520 | -€132,425 | -68.3% |
| Amounts receivable within one year | 40/41 | €75,783 | €54,461 | -€21,322 | -28.1% |
| Trade receivables | 40 | €26,491 | €27,365 | +€874 | +3.3% |
| Other amounts receivable | 41 | €49,292 | €27,096 | -€22,196 | -45.0% |
| Cash at bank and in hand | 54/58 | €116,748 | €5,087 | -€111,661 | -95.6% |
| Deferred charges and accrued income | 490/1 | €1,413 | €1,971 | +€558 | +39.4% |
| Total equity and liabilities | 10/49 | €333,224 | €206,882 | -€126,341 | -37.9% |
| Equity | 10/15 | €158,776 | €147,782 | -€10,994 | -6.9% |
| Contributions | 10/11 | €6,260 | €6,260 | = | 0.0% |
| Reserves | 13 | €39,662 | €39,662 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €37,802 | €39,662 | +€1,860 | +4.9% |
| Profit (loss) carried forward | 14 | €112,854 | €101,860 | -€10,994 | -9.7% |
| Amounts payable | 17/49 | €174,447 | €59,100 | -€115,347 | -66.1% |
| Amounts payable after more than one year | 17 | €54,837 | €33,969 | -€20,869 | -38.1% |
| Financial debts | 170/4 | €52,558 | €33,969 | -€18,589 | -35.4% |
| Other amounts payable | 178/9 | €2,280 | - | -€2,280 | |
| Amounts payable within one year | 42/48 | €118,610 | €23,455 | -€95,155 | -80.2% |
| Current portion of amounts payable after more than one year | 42 | €34,192 | €18,589 | -€15,603 | -45.6% |
| Trade debts | 44 | €82,275 | €2,065 | -€80,210 | -97.5% |
| Suppliers | 440/4 | €82,275 | €2,065 | -€80,210 | -97.5% |
| Taxes, remuneration and social security | 45 | - | €2,801 | +€2,801 | |
| Taxes | 450/3 | - | €2,801 | +€2,801 | |
| Other amounts payable | 47/48 | €2,143 | - | -€2,143 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,677 | +€677 | +67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,892 | €29,630 | +€19,738 | +199.5% |
| Other operating charges | 640/8 | €182 | €495 | +€313 | +171.7% |
| Non-recurring operating charges | 66A | - | €33,628 | +€33,628 | |
| Gross operating margin | 9900 | €53,986 | €48,753 | -€5,233 | -9.7% |
| Operating profit (loss) | 9901 | €43,912 | -€14,999 | -€58,911 | |
| Financial income | 75/76B | €764 | €719 | -€45 | -5.8% |
| Recurring financial income | 75 | €764 | €719 | -€45 | -5.8% |
| Financial charges | 65/66B | €1,867 | €3,691 | +€1,824 | +97.7% |
| Recurring financial charges | 65 | €1,867 | €3,691 | +€1,824 | +97.7% |
| Profit (loss) for the period before taxes | 9903 | €42,809 | -€17,971 | -€60,780 | |
| Income taxes | 67/77 | €12,733 | €174 | -€12,559 | -98.6% |
| Profit (loss) for the period | 9904 | €30,076 | -€18,145 | -€48,221 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,076 | -€18,145 | -€48,221 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.