GPCB: 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.
GPCB
Largest movements
- Tangible fixed assets -€37,824
down €37,824 (-10.1%), from €373,591 to €335,767
of which Land and buildings: -€36,411
- Cash +€6,130
up €6,130 (+4.9%), from €126,231 to €132,361
mainly Other debts (+€154,629) and Depreciation (+€44,595)
- Other debts +€154,629
up €154,629 (+479.8%), from €32,225 to €186,853
- Reserves -€150,000
down €150,000 (-52.0%), from €288,187 to €138,187
- Debts after one year -€37,444
down €37,444 (-92.1%), from €40,652 to €3,208
- Financial charges -€26,175
down €26,175 (-90.4%), from €28,961 to €2,786
of which Non-recurring financial charges: -€24,827
- Financial income -€25,009
down €25,009 (-100.0%), from €25,009 to €0
of which Non-recurring financial income: -€24,993
- Gross operating margin +€10,531
up €10,531 (+22.8%), from €46,249 to €56,779
- Depreciation -€658
down €658 (-1.5%), from €45,252 to €44,595
- Other operating charges -€586
down €586 (-4.1%), from €14,200 to €13,614
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €501,180 | €468,463 | -€32,717 | -6.5% |
| Fixed assets | 21/28 | €373,850 | €336,026 | -€37,824 | -10.1% |
| Tangible fixed assets | 22/27 | €373,591 | €335,767 | -€37,824 | -10.1% |
| Land and buildings | 22 | €369,907 | €333,496 | -€36,411 | -9.8% |
| Furniture and vehicles | 24 | €3,684 | €2,271 | -€1,413 | -38.4% |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €127,329 | €132,437 | +€5,107 | +4.0% |
| Amounts receivable within one year | 40/41 | €1,098 | €76 | -€1,022 | -93.1% |
| Trade receivables | 40 | €410 | - | -€410 | |
| Other amounts receivable | 41 | €689 | €76 | -€613 | -89.0% |
| Cash at bank and in hand | 54/58 | €126,231 | €132,361 | +€6,130 | +4.9% |
| Total equity and liabilities | 10/49 | €501,180 | €468,463 | -€32,717 | -6.5% |
| Equity | 10/15 | €392,129 | €237,634 | -€154,495 | -39.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €288,187 | €138,187 | -€150,000 | -52.0% |
| Distributable reserves | 133 | €288,187 | €138,187 | -€150,000 | -52.0% |
| Profit (loss) carried forward | 14 | €85,342 | €80,846 | -€4,495 | -5.3% |
| Amounts payable | 17/49 | €109,051 | €230,829 | +€121,778 | +111.7% |
| Amounts payable after more than one year | 17 | €40,652 | €3,208 | -€37,444 | -92.1% |
| Financial debts | 170/4 | €40,652 | €3,208 | -€37,444 | -92.1% |
| Amounts payable within one year | 42/48 | €68,399 | €225,696 | +€157,298 | +230.0% |
| Current portion of amounts payable after more than one year | 42 | €36,174 | €37,699 | +€1,525 | +4.2% |
| Trade debts | 44 | - | €1,003 | +€1,003 | |
| Suppliers | 440/4 | - | €1,003 | +€1,003 | |
| Taxes, remuneration and social security | 45 | - | €141 | +€141 | |
| Taxes | 450/3 | - | €141 | +€141 | |
| Other amounts payable | 47/48 | €32,225 | €186,853 | +€154,629 | +479.8% |
| Accrued charges and deferred income | 492/3 | - | €1,925 | +€1,925 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,252 | €44,595 | -€658 | -1.5% |
| Other operating charges | 640/8 | €14,200 | €13,614 | -€586 | -4.1% |
| Gross operating margin | 9900 | €46,249 | €56,779 | +€10,531 | +22.8% |
| Operating profit (loss) | 9901 | -€13,204 | -€1,429 | +€11,775 | +89.2% |
| Financial income | 75/76B | €25,009 | €0 | -€25,009 | -100.0% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -98.9% |
| Non-recurring financial income | 76B | €24,993 | - | -€24,993 | |
| Financial charges | 65/66B | €28,961 | €2,786 | -€26,175 | -90.4% |
| Recurring financial charges | 65 | €4,134 | €2,786 | -€1,348 | -32.6% |
| Non-recurring financial charges | 66B | €24,827 | - | -€24,827 | |
| Profit (loss) for the period before taxes | 9903 | -€17,156 | -€4,215 | +€12,941 | +75.4% |
| Income taxes | 67/77 | €146 | €281 | +€134 | +91.6% |
| Profit (loss) for the period | 9904 | -€17,302 | -€4,495 | +€12,807 | +74.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,302 | -€4,495 | +€12,807 | +74.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.