GPLEG: 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.
GPLEG
Largest movements
- Cash -€26,521
down €26,521 (-25.5%), from €103,804 to €77,284
mainly Contributions, distributions and other (-€350,000) and Current portion of long-term debt (-€39,499)
- Tangible fixed assets -€11,835
down €11,835 (-32.5%), from €36,424 to €24,589
of which Furniture and vehicles: -€11,678
- Debts after one year +€284,813
up €284,813 (+2,069%), from €13,764 to €298,577
of which Other amounts payable: +€297,497
- Profit (loss) carried forward -€281,507
down €281,507 (-80.4%), from €350,350 to €68,843
- Current portion of long-term debt -€39,499
down €39,499 (-75.7%), from €52,183 to €12,684
- Gross operating margin -€2,687
down €2,687 (-2.5%), from €107,696 to €105,009
- Financial charges -€1,475
down €1,475 (-49.4%), from €2,985 to €1,510
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 | €451,312 | €412,417 | -€38,896 | -8.6% |
| Fixed assets | 21/28 | €346,424 | €334,589 | -€11,835 | -3.4% |
| Tangible fixed assets | 22/27 | €36,424 | €24,589 | -€11,835 | -32.5% |
| Plant, machinery and equipment | 23 | €1,294 | €1,137 | -€157 | -12.1% |
| Furniture and vehicles | 24 | €35,130 | €23,452 | -€11,678 | -33.2% |
| Financial fixed assets | 28 | €310,000 | €310,000 | = | 0.0% |
| Current assets | 29/58 | €104,888 | €77,828 | -€27,060 | -25.8% |
| Amounts receivable within one year | 40/41 | €403 | €4 | -€398 | -98.9% |
| Trade receivables | 40 | €397 | €0 | -€397 | -100% |
| Other amounts receivable | 41 | €5 | €4 | -€1 | -19.1% |
| Cash at bank and in hand | 54/58 | €103,804 | €77,284 | -€26,521 | -25.5% |
| Deferred charges and accrued income | 490/1 | €681 | €540 | -€142 | -20.8% |
| Total equity and liabilities | 10/49 | €451,312 | €412,417 | -€38,896 | -8.6% |
| Equity | 10/15 | €368,950 | €87,443 | -€281,507 | -76.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €350,350 | €68,843 | -€281,507 | -80.4% |
| Amounts payable | 17/49 | €82,362 | €324,974 | +€242,612 | +295% |
| Amounts payable after more than one year | 17 | €13,764 | €298,577 | +€284,813 | +2,069% |
| Financial debts | 170/4 | €13,764 | €1,080 | -€12,684 | -92.2% |
| Other amounts payable | 178/9 | - | €297,497 | +€297,497 | |
| Amounts payable within one year | 42/48 | €65,220 | €23,019 | -€42,201 | -64.7% |
| Current portion of amounts payable after more than one year | 42 | €52,183 | €12,684 | -€39,499 | -75.7% |
| Trade debts | 44 | €886 | €1,320 | +€433 | +48.9% |
| Suppliers | 440/4 | €886 | €1,320 | +€433 | +48.9% |
| Taxes, remuneration and social security | 45 | €12,150 | €9,015 | -€3,135 | -25.8% |
| Taxes | 450/3 | €12,150 | €9,015 | -€3,135 | -25.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €3,378 | €3,378 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,835 | €11,835 | = | 0.0% |
| Other operating charges | 640/8 | €433 | €101 | -€332 | -76.7% |
| Gross operating margin | 9900 | €107,696 | €105,009 | -€2,687 | -2.5% |
| Operating profit (loss) | 9901 | €95,428 | €93,073 | -€2,355 | -2.5% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €2,985 | €1,510 | -€1,475 | -49.4% |
| Recurring financial charges | 65 | €2,985 | €1,510 | -€1,475 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €92,445 | €91,562 | -€883 | -1.0% |
| Income taxes | 67/77 | €23,431 | €23,070 | -€361 | -1.5% |
| Profit (loss) for the period | 9904 | €69,014 | €68,493 | -€522 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €69,014 | €68,493 | -€522 | -0.8% |
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 13 October 2026 via checked.be.