GPRC: 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.
GPRC
Largest movements
- Cash -€25,085
down €25,085 (-36.9%), from €67,944 to €42,859
mainly Contributions, distributions and other (-€65,000) and Trade debts (-€23,875)
- Tangible fixed assets -€19,081
down €19,081 (-84.9%), from €22,466 to €3,386
- Receivables within one year -€11,066
no longer reported in 2025 (was €11,066)
of which Trade receivables: -€7,809
- Deferred charges and accrued income +€4,180
up €4,180 (+71.4%), from €5,857 to €10,037
- Reserves -€48,833
down €48,833 (-93.1%), from €52,469 to €3,636
- Trade debts -€23,875
down €23,875 (-88.6%), from €26,939 to €3,063
- Other debts +€12,750
new in 2025: €12,750
- Tax, wage and social debts +€8,925
up €8,925 (+54.0%), from €16,533 to €25,458
of which Taxes: +€7,491
- Gross operating margin -€11,790
down €11,790 (-24.7%), from €47,772 to €35,982
- Depreciation -€8,227
down €8,227 (-89.8%), from €9,165 to €938
- Taxes -€3,357
down €3,357 (-30.0%), from €11,189 to €7,832
- Other operating charges -€710
down €710 (-7.0%), from €10,183 to €9,472
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 | €107,678 | €56,626 | -€51,052 | -47.4% |
| Fixed assets | 21/28 | €22,811 | €3,731 | -€19,081 | -83.6% |
| Tangible fixed assets | 22/27 | €22,466 | €3,386 | -€19,081 | -84.9% |
| Furniture and vehicles | 24 | €22,466 | €3,386 | -€19,081 | -84.9% |
| Financial fixed assets | 28 | €345 | €345 | = | 0.0% |
| Current assets | 29/58 | €84,867 | €52,895 | -€31,971 | -37.7% |
| Amounts receivable within one year | 40/41 | €11,066 | - | -€11,066 | |
| Trade receivables | 40 | €7,809 | - | -€7,809 | |
| Other amounts receivable | 41 | €3,257 | - | -€3,257 | |
| Cash at bank and in hand | 54/58 | €67,944 | €42,859 | -€25,085 | -36.9% |
| Deferred charges and accrued income | 490/1 | €5,857 | €10,037 | +€4,180 | +71.4% |
| Total equity and liabilities | 10/49 | €107,678 | €56,626 | -€51,052 | -47.4% |
| Equity | 10/15 | €62,469 | €13,636 | -€48,833 | -78.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €52,469 | €3,636 | -€48,833 | -93.1% |
| Distributable reserves | 133 | €52,469 | €3,636 | -€48,833 | -93.1% |
| Amounts payable | 17/49 | €45,209 | €42,990 | -€2,219 | -4.9% |
| Amounts payable after more than one year | 17 | €1,737 | €1,718 | -€19 | -1.1% |
| Other amounts payable | 178/9 | €1,737 | €1,718 | -€19 | -1.1% |
| Amounts payable within one year | 42/48 | €43,472 | €41,271 | -€2,200 | -5.1% |
| Trade debts | 44 | €26,939 | €3,063 | -€23,875 | -88.6% |
| Suppliers | 440/4 | €26,939 | €3,063 | -€23,875 | -88.6% |
| Taxes, remuneration and social security | 45 | €16,533 | €25,458 | +€8,925 | +54.0% |
| Taxes | 450/3 | €16,533 | €24,025 | +€7,491 | +45.3% |
| Remuneration and social security | 454/9 | - | €1,434 | +€1,434 | |
| Other amounts payable | 47/48 | - | €12,750 | +€12,750 | |
| Non-recurring operating income | 76A | €223 | €17,335 | +€17,112 | +7659.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,165 | €938 | -€8,227 | -89.8% |
| Other operating charges | 640/8 | €10,183 | €9,472 | -€710 | -7.0% |
| Gross operating margin | 9900 | €47,772 | €35,982 | -€11,790 | -24.7% |
| Operating profit (loss) | 9901 | €28,424 | €25,571 | -€2,853 | -10.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,214 | €1,572 | +€358 | +29.5% |
| Recurring financial charges | 65 | €1,214 | €1,572 | +€358 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €27,210 | €23,999 | -€3,210 | -11.8% |
| Income taxes | 67/77 | €11,189 | €7,832 | -€3,357 | -30.0% |
| Profit (loss) for the period | 9904 | €16,020 | €16,167 | +€147 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,020 | €16,167 | +€147 | +0.9% |
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 10 October 2026 via checked.be.