GPK ACCESS: what changed
Two fiscal 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.
GPK ACCESS
Largest movements
- Cash +€9,331
up €9,331 (+8.4%), from €110,835 to €120,166
mainly Net result for the year (+€66,145) and Depreciation (+€1,380)
- Reserves +€16,145
up €16,145 (+17.4%), from €93,038 to €109,184
- Tax, wage and social debts -€7,551
down €7,551 (-19.2%), from €39,295 to €31,744
- Gross operating margin +€14,650
up €14,650 (+19.5%), from €75,313 to €89,963
- Taxes +€3,850
up €3,850 (+23.7%), from €16,224 to €20,074
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 | €134,508 | €142,962 | +€8,454 | +6.3% |
| Fixed assets | 21/28 | €4,091 | €2,711 | -€1,380 | -33.7% |
| Tangible fixed assets | 22/27 | €4,091 | €2,711 | -€1,380 | -33.7% |
| Plant, machinery and equipment | 23 | €1,078 | €349 | -€729 | -67.6% |
| Furniture and vehicles | 24 | €3,013 | €2,362 | -€651 | -21.6% |
| Current assets | 29/58 | €130,417 | €140,251 | +€9,834 | +7.5% |
| Amounts receivable within one year | 40/41 | €19,582 | €20,085 | +€503 | +2.6% |
| Trade receivables | 40 | €14,243 | €17,887 | +€3,644 | +25.6% |
| Other amounts receivable | 41 | €5,339 | €2,198 | -€3,141 | -58.8% |
| Cash at bank and in hand | 54/58 | €110,835 | €120,166 | +€9,331 | +8.4% |
| Total equity and liabilities | 10/49 | €134,508 | €142,962 | +€8,454 | +6.3% |
| Equity | 10/15 | €95,038 | €111,184 | +€16,145 | +17.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €93,038 | €109,184 | +€16,145 | +17.4% |
| Distributable reserves | 133 | €93,038 | €109,184 | +€16,145 | +17.4% |
| Amounts payable | 17/49 | €39,469 | €31,778 | -€7,691 | -19.5% |
| Amounts payable within one year | 42/48 | €39,469 | €31,778 | -€7,691 | -19.5% |
| Trade debts | 44 | €175 | €35 | -€140 | -80.2% |
| Suppliers | 440/4 | €175 | €35 | -€140 | -80.2% |
| Taxes, remuneration and social security | 45 | €39,295 | €31,744 | -€7,551 | -19.2% |
| Taxes | 450/3 | €39,295 | €31,744 | -€7,551 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €971 | €1,380 | +€409 | +42.1% |
| Other operating charges | 640/8 | €1,161 | €1,135 | -€26 | -2.3% |
| Gross operating margin | 9900 | €75,313 | €89,963 | +€14,650 | +19.5% |
| Operating profit (loss) | 9901 | €73,181 | €87,448 | +€14,267 | +19.5% |
| Financial income | 75/76B | €1,031 | €204 | -€827 | -80.2% |
| Recurring financial income | 75 | €1,031 | €204 | -€827 | -80.2% |
| Financial charges | 65/66B | €1,493 | €1,433 | -€60 | -4.0% |
| Recurring financial charges | 65 | €1,493 | €1,433 | -€60 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €72,719 | €86,219 | +€13,500 | +18.6% |
| Income taxes | 67/77 | €16,224 | €20,074 | +€3,850 | +23.7% |
| Profit (loss) for the period | 9904 | €56,495 | €66,145 | +€9,650 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,495 | €66,145 | +€9,650 | +17.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.