GPI BUILDING: 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.
GPI BUILDING
Largest movements
- Tangible fixed assets -€12,723
down €12,723 (-5.6%), from €225,735 to €213,012
- Receivables within one year +€9,802
up €9,802 (+23.1%), from €42,513 to €52,315
of which Other amounts receivable: +€9,166
- Cash -€8,780
down €8,780 (-9.5%), from €92,490 to €83,710
mainly Debts after one year (-€22,667) and Receivables within one year (-€9,802)
- Debts after one year -€22,667
down €22,667 (-21.4%), from €105,778 to €83,111
- Trade debts +€9,997
up €9,997 (+42.9%), from €23,318 to €33,315
- Gross operating margin -€37,942
down €37,942 (-59.5%), from €63,796 to €25,854
- Taxes -€9,549
down €9,549 (-89.1%), from €10,714 to €1,165
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 | €366,377 | €355,973 | -€10,404 | -2.8% |
| Fixed assets | 21/28 | €225,735 | €213,012 | -€12,723 | -5.6% |
| Tangible fixed assets | 22/27 | €225,735 | €213,012 | -€12,723 | -5.6% |
| Land and buildings | 22 | €225,735 | €213,012 | -€12,723 | -5.6% |
| Current assets | 29/58 | €140,642 | €142,961 | +€2,319 | +1.6% |
| Amounts receivable within one year | 40/41 | €42,513 | €52,315 | +€9,802 | +23.1% |
| Trade receivables | 40 | €42,513 | €43,149 | +€635 | +1.5% |
| Other amounts receivable | 41 | €0 | €9,166 | +€9,166 | |
| Cash at bank and in hand | 54/58 | €92,490 | €83,710 | -€8,780 | -9.5% |
| Deferred charges and accrued income | 490/1 | €5,639 | €6,936 | +€1,297 | +23.0% |
| Total equity and liabilities | 10/49 | €366,377 | €355,973 | -€10,404 | -2.8% |
| Equity | 10/15 | €174,919 | €178,414 | +€3,495 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,319 | €159,814 | +€3,495 | +2.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €156,319 | €159,814 | +€3,495 | +2.2% |
| Amounts payable | 17/49 | €191,458 | €177,559 | -€13,899 | -7.3% |
| Amounts payable after more than one year | 17 | €105,778 | €83,111 | -€22,667 | -21.4% |
| Financial debts | 170/4 | €105,778 | €83,111 | -€22,667 | -21.4% |
| Amounts payable within one year | 42/48 | €85,680 | €94,448 | +€8,767 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €22,667 | €22,667 | = | 0.0% |
| Trade debts | 44 | €23,318 | €33,315 | +€9,997 | +42.9% |
| Suppliers | 440/4 | €23,318 | €33,315 | +€9,997 | +42.9% |
| Taxes, remuneration and social security | 45 | €2,709 | €0 | -€2,709 | -100% |
| Taxes | 450/3 | €2,709 | €0 | -€2,709 | -100% |
| Other amounts payable | 47/48 | €36,987 | €38,466 | +€1,480 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,723 | €12,723 | = | 0.0% |
| Other operating charges | 640/8 | €3,695 | €4,325 | +€630 | +17.1% |
| Gross operating margin | 9900 | €63,796 | €25,854 | -€37,942 | -59.5% |
| Operating profit (loss) | 9901 | €47,379 | €8,806 | -€38,573 | -81.4% |
| Financial charges | 65/66B | €4,524 | €4,146 | -€378 | -8.4% |
| Recurring financial charges | 65 | €4,524 | €4,146 | -€378 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €42,855 | €4,660 | -€38,195 | -89.1% |
| Income taxes | 67/77 | €10,714 | €1,165 | -€9,549 | -89.1% |
| Profit (loss) for the period | 9904 | €32,141 | €3,495 | -€28,646 | -89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,141 | €3,495 | -€28,646 | -89.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.