GP Solutions: 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 Solutions
Largest movements
- Cash +€256,436
up €256,436 (+110%), from €233,267 to €489,703
mainly Net result for the year (+€295,660) and Depreciation (+€95,876)
- Tangible fixed assets +€108,647
up €108,647 (+9.3%), from €1.2m to €1.3m
of which Land and buildings: +€84,700
- Receivables within one year -€39,542
down €39,542 (-13.3%), from €297,442 to €257,900
of which Other amounts receivable: -€68,133
- Reserves +€295,660
up €295,660 (+45.7%), from €646,682 to €942,342
of which Distributable reserves: +€295,660
- Tax, wage and social debts +€52,970
up €52,970 (+1,706%), from €3,105 to €56,075
- Debts after one year -€38,524
down €38,524 (-4.3%), from €899,031 to €860,506
- Gross operating margin +€308,259
up €308,259 (+113%), from €271,865 to €580,124
- Taxes +€116,358
up €116,358 (+499%), from €23,299 to €139,656
- Depreciation -€50,607
down €50,607 (-34.5%), from €146,483 to €95,876
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 | €1,703,058 | €2,030,613 | +€327,555 | +19.2% |
| Fixed assets | 21/28 | €1,163,845 | €1,272,492 | +€108,647 | +9.3% |
| Tangible fixed assets | 22/27 | €1,163,845 | €1,272,492 | +€108,647 | +9.3% |
| Land and buildings | 22 | €958,323 | €1,043,023 | +€84,700 | +8.8% |
| Plant, machinery and equipment | 23 | €5,663 | €5,608 | -€55 | -1.0% |
| Furniture and vehicles | 24 | €189,408 | €214,553 | +€25,145 | +13.3% |
| Other tangible fixed assets | 26 | €10,452 | €9,308 | -€1,144 | -10.9% |
| Current assets | 29/58 | €539,213 | €758,121 | +€218,908 | +40.6% |
| Amounts receivable within one year | 40/41 | €297,442 | €257,900 | -€39,542 | -13.3% |
| Trade receivables | 40 | €198,609 | €227,199 | +€28,591 | +14.4% |
| Other amounts receivable | 41 | €98,834 | €30,700 | -€68,133 | -68.9% |
| Cash at bank and in hand | 54/58 | €233,267 | €489,703 | +€256,436 | +110% |
| Deferred charges and accrued income | 490/1 | €8,503 | €10,519 | +€2,015 | +23.7% |
| Total equity and liabilities | 10/49 | €1,703,058 | €2,030,613 | +€327,555 | +19.2% |
| Equity | 10/15 | €665,282 | €960,942 | +€295,660 | +44.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €646,682 | €942,342 | +€295,660 | +45.7% |
| Tax-exempt reserves | 132 | €3,339 | €3,339 | = | 0.0% |
| Distributable reserves | 133 | €643,343 | €939,003 | +€295,660 | +46.0% |
| Amounts payable | 17/49 | €1,037,776 | €1,069,671 | +€31,895 | +3.1% |
| Amounts payable after more than one year | 17 | €899,031 | €860,506 | -€38,524 | -4.3% |
| Financial debts | 170/4 | €899,031 | €860,506 | -€38,524 | -4.3% |
| Amounts payable within one year | 42/48 | €129,931 | €200,358 | +€70,427 | +54.2% |
| Current portion of amounts payable after more than one year | 42 | €125,716 | €139,100 | +€13,384 | +10.6% |
| Trade debts | 44 | €865 | €5,183 | +€4,318 | +499% |
| Suppliers | 440/4 | €865 | €5,183 | +€4,318 | +499% |
| Taxes, remuneration and social security | 45 | €3,105 | €56,075 | +€52,970 | +1,706% |
| Taxes | 450/3 | €3,105 | €56,075 | +€52,970 | +1,706% |
| Other amounts payable | 47/48 | €246 | - | -€246 | |
| Accrued charges and deferred income | 492/3 | €8,815 | €8,807 | -€7 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,483 | €95,876 | -€50,607 | -34.5% |
| Other operating charges | 640/8 | €7,261 | €7,543 | +€282 | +3.9% |
| Gross operating margin | 9900 | €271,865 | €580,124 | +€308,259 | +113% |
| Operating profit (loss) | 9901 | €118,120 | €476,705 | +€358,585 | +304% |
| Financial income | 75/76B | €798 | €786 | -€11 | -1.4% |
| Recurring financial income | 75 | €798 | €786 | -€11 | -1.4% |
| Financial charges | 65/66B | €46,363 | €42,175 | -€4,187 | -9.0% |
| Recurring financial charges | 65 | €46,363 | €42,175 | -€4,187 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €72,556 | €435,316 | +€362,760 | +500% |
| Income taxes | 67/77 | €23,299 | €139,656 | +€116,358 | +499% |
| Profit (loss) for the period | 9904 | €49,257 | €295,660 | +€246,403 | +500% |
| Profit (loss) for the period to be appropriated | 9905 | €49,257 | €295,660 | +€246,403 | +500% |
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 18 October 2026 via checked.be.