GPI PROJETS: 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 PROJETS
Largest movements
- Cash +€18
up €18 (+164%), from €11 to €29
mainly Other debts (+€618) and Trade debts (+€254)
- Profit (loss) carried forward -€854
down €854 (-0.4%), from -€191,383 to -€192,237
- Other debts +€618
up €618 (+0.4%), from €170,144 to €170,762
- Trade debts +€254
up €254 (+9.4%), from €2,700 to €2,954
- Financial charges +€15
up €15 (+31.9%), from €47 to €62
- Gross operating margin -€14
down €14 (-1.8%), from -€778 to -€792
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 | €11 | €29 | +€18 | +164% |
| Current assets | 29/58 | €11 | €29 | +€18 | +164% |
| Cash at bank and in hand | 54/58 | €11 | €29 | +€18 | +164% |
| Total equity and liabilities | 10/49 | €11 | €29 | +€18 | +164% |
| Equity | 10/15 | -€172,833 | -€173,687 | -€854 | -0.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€191,383 | -€192,237 | -€854 | -0.4% |
| Amounts payable | 17/49 | €172,844 | €173,716 | +€872 | +0.5% |
| Amounts payable within one year | 42/48 | €172,844 | €173,716 | +€872 | +0.5% |
| Trade debts | 44 | €2,700 | €2,954 | +€254 | +9.4% |
| Suppliers | 440/4 | €2,700 | €2,954 | +€254 | +9.4% |
| Other amounts payable | 47/48 | €170,144 | €170,762 | +€618 | +0.4% |
| Gross operating margin | 9900 | -€778 | -€792 | -€14 | -1.8% |
| Operating profit (loss) | 9901 | -€778 | -€792 | -€14 | -1.8% |
| Financial charges | 65/66B | €47 | €62 | +€15 | +31.9% |
| Recurring financial charges | 65 | €47 | €62 | +€15 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | -€825 | -€854 | -€29 | -3.5% |
| Profit (loss) for the period | 9904 | -€825 | -€854 | -€29 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€825 | -€854 | -€29 | -3.5% |
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 28 October 2026 via checked.be.